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Atlassian to acquire former unicorn Loom for $975M

From TechCrunch

By Ron Miller

October 12, 2023

Atlassian to acquire former unicorn Loom for $975M

Atlassian announced this morning that it is acquiring video messaging service Loom for $975 million, the same company that had a $1.53 billion valuation in May 2021 when it announced a $130 million Series C. That was when companies were still thinking about all work being cloud-based and the future looked oh so bright. As […]

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