Dashdash, a Berlin, Germany and Porto, Portugal-based creator of tools that make computation accessible to everyone, secured $8m in Series A funding.
The round was led by Accel with participation from Cherry Ventures and Atlantic Labs and angel investors Felix Jahn, and David Schneider. Accel’s Andrei Brasoveanu and Filip Dames, Founding Partner at Cherry Ventures, will be joining dashdash’s board.
The company intends to use the funds for expansion of its engineering team in Porto, Portugal, with plans to hire 20 top engineers over the coming months, and product development.
Founded by serial entrepreneurs Humberto Ayres Pereira and Torben Schulz, dashdash is building a cloud platform which allows people to create web applications using just their spreadsheet skills, which combines an easy to use interface with backend, offering functionality and integrations which remove the barrier to entry for users without programming experience.
Users can type formulas into cells which can connect to online services and automate their workflows like marketing campaigns, lead generation activities or dashboards.
The platform is currently in closed beta, and will be launched more widely later this year.