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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 […]

Most Recent

Neil Rimer thinks the AI money is coming back out

Neil Rimer thinks the AI money is coming back out

Neil Rimer, the venture capitalist who co-founded Index Ventures, predicts the historic wealth AI is generating in Silicon Valley will have to be redistributed, voluntarily or involuntarily.

Jul 17, 2026

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.

Jul 17, 2026

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

The potential deal highlights a growing trend of complex, multi-stage funding rounds that mask true entry prices.

Jul 17, 2026

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Ryan Beiermeister, who demonstrated cool analysis in the Founders Fund YouTube series "Mafia," has joined the firm as a partner.

Jul 16, 2026

Similar Posts

TC+ Roundup: Did Atlassian pay a fair price for Loom?

TC+ Roundup: Did Atlassian pay a fair price for Loom?

Good morning, and welcome to Friday! Atlassian’s purchase of Loom last week raised eyebrows, and not just because it missed unicorn status by a hair. But overall, it makes sense that Atlassian bought it. “Teaming and collaboration is moving to async video, and that was the one big piece missing for Atlassian,” Constellation Research’s Ray […]

Oct 20, 2023

Atlassian now gives startups a year of free access

Atlassian now gives startups a year of free access

Long before product-led growth became a buzzword, Atlassian offered free tiersnfor virtually all of its productivity and developer tools. Today, that mostlynmeans free access for up to ten users and some other limitations. For startups,nthat’s a good way to get started with the company’s tools like Jira andnBitbucket, but they also […]

Jun 6, 2024

ElevenLabs raises $500M from Sequoia at an $11 billion valuation

ElevenLabs raises $500M from Sequoia at an $11 billion valuation

ElevenLabs' valuation has raised more than three times in the last 12 months.

Feb 4, 2026

Atlassian’s $610M bet, and why everyone’s fighting over your browser

Atlassian’s $610M bet, and why everyone’s fighting over your browser

Google just dodged a Chrome breakup bullet. Equity breaks down the ruling, plus a $610M deal, AI’s impact on browsers, and more of this week’s tech news.

Sep 5, 2025

Most Recent

Neil Rimer thinks the AI money is coming back out

Neil Rimer thinks the AI money is coming back out

Neil Rimer, the venture capitalist who co-founded Index Ventures, predicts the historic wealth AI is generating in Silicon Valley will have to be redistributed, voluntarily or involuntarily.

Jul 17, 2026

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models for coding.

Jul 17, 2026

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation

The potential deal highlights a growing trend of complex, multi-stage funding rounds that mask true entry prices.

Jul 17, 2026

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her ‘Mafia’ skills)

Ryan Beiermeister, who demonstrated cool analysis in the Founders Fund YouTube series "Mafia," has joined the firm as a partner.

Jul 16, 2026

Similar Posts

TC+ Roundup: Did Atlassian pay a fair price for Loom?

TC+ Roundup: Did Atlassian pay a fair price for Loom?

Good morning, and welcome to Friday! Atlassian’s purchase of Loom last week raised eyebrows, and not just because it missed unicorn status by a hair. But overall, it makes sense that Atlassian bought it. “Teaming and collaboration is moving to async video, and that was the one big piece missing for Atlassian,” Constellation Research’s Ray […]

Oct 20, 2023

Atlassian now gives startups a year of free access

Atlassian now gives startups a year of free access

Long before product-led growth became a buzzword, Atlassian offered free tiersnfor virtually all of its productivity and developer tools. Today, that mostlynmeans free access for up to ten users and some other limitations. For startups,nthat’s a good way to get started with the company’s tools like Jira andnBitbucket, but they also […]

Jun 6, 2024

ElevenLabs raises $500M from Sequoia at an $11 billion valuation

ElevenLabs raises $500M from Sequoia at an $11 billion valuation

ElevenLabs' valuation has raised more than three times in the last 12 months.

Feb 4, 2026

Atlassian’s $610M bet, and why everyone’s fighting over your browser

Atlassian’s $610M bet, and why everyone’s fighting over your browser

Google just dodged a Chrome breakup bullet. Equity breaks down the ruling, plus a $610M deal, AI’s impact on browsers, and more of this week’s tech news.

Sep 5, 2025