Asana, a San Francisco, CA-based platform for teams to track their work, raised $50m in Series C funding.
The round was led by Y Combinator president Sam Altman with participation from 8VC, Founders Fund, Tony Hsieh via VTF Capital, Mark Zuckerberg and Priscilla Chan, Andrew Mason, Adam D’Angelo, Aditya Agarwal and Ruchi Sanghvi, Eric Ries, Roger McNamee, founder of Elevation Partners and Asana founders.
The company intends to use the funds to hire new people and further develop the platform.
Co-founded by Dustin Moskovitz and Justin Rosenstein, Asana provides a tool for teams to track their work, from tasks and projects to conversations and dashboards (read more about the product here). The technology is based on an internal tool built Dustin Moskovitz and Justin Rosenstein at Facebook.
Now, Asana has a team of over 100 people across 3 offices in San Francisco, NYC, and Dublin.
Investors also include Benchmark Capital, Andreessen Horowitz, Founders Fund, and Peter Thiel.