SAN FRANCISCO - Asana, a Silicon Valley start-up, has lined up US$28 million in a financing round led by PayPal co-founder Peter Thiel and his Founders Fund, the company said.
The funding round values the workplace-collaboration company at US$280 million, a person familiar with the matter said.
"This investment allows us to attract the best and brightest designers and engineers," said Asana co-founder Justin Rosenstein, who said that in turn would help the company build on its goal of making interaction among its client-companies'employees easier.
Asana launched the free version last year of its company management software that makes it easier to collaborate on projects. It introduced a paid, premium service earlier this year. It declined to give revenue figures, but said "hundreds"of customers had upgraded to the premium version.
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