San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Loom is raising $129,999,920.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Joe Thomas played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Loom
Loom is a new kind of work communication tool, already helping millions of people get their message across through instantly shareable videos. Our users work at companies like HubSpot, Square, Uber, GrubHub and LinkedIn. Our mission is to empower everyone at work to communicate more effectively and get ahead, wherever they are. Founded in 2016, Loom has raised capital from top-tier investors including Sequoia, Kleiner Perkins, General Catalyst and Slack Fund.

To learn more about Loom, visit http://www.loom.com/

Contact:
Joe Thomas, Chief Executive Officer
630-908-9911
joseph@loom.com
https://www.linkedin.com/in/joethomasx/

SOURCE: http://www.intelligence360.io
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