In software development, Atlassian’s Jira product suite holds rarified status as a market leader with few large-scale competitors. But in New York’s growing enterprise tech scene, a startup called Clubhouse has declared itself a challenger.
Clubhouse announced on Thursday it has raised $25 million in a Series B funding round led by Greylock Partners. The round, which included previous investors Battery Ventures and Lerer Hippeau, valued Clubhouse at $100 million, according to a source with knowledge of the investment.
“We are still at the beginning of how we build software and software development,” says Kurt Schrader, Clubhouse’s cofounder and CEO. “We want to go long on this and build a really big company, to carve up this market and get our big piece of it.”
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