How Investing in Cybersecurity Could Give ClickUp up to a $350 Million Valuation Boost

This post is by Georgian Team from Georgian

ClickUp is the world’s only all-in-one productivity platform that flexes to the way people want to work. It replaces all individual workplace productivity tools with a single, unified platform that includes project management, document collaboration, spreadsheets, chat and now whiteboards.

As one of the fastest-growing SaaS platforms in the world, ClickUp has helped more than 800,000 teams and millions of users lead a more productive life. Customers trust ClickUp because it provides tremendous value, but also because they’re comfortable with how it stores and protects their sensitive information.

Cybersecurity is a growing concern for all businesses and individuals. Cybersecurity Ventures estimates that the impact of cybercrime could hit a whopping $10.5 trillion by 2025. The cost of cyberattacks is immense, as is the value of building and maintaining customer trust

With that in mind, ClickUp made key investments to its cybersecurity infrastructure to stay ahead of the curve. Georgian led ClickUp’s $100 million Series B in December 2020, and through that relationship, ClickUp became our first-ever cybersecurity deep engagement partner.

ClickUp invested in the security foundations for long-term success, including hiring a strong team and building the right architecture. Together, we developed a strong security foundation that brought the topic of trust to the forefront as a board-level discussion.

ClickUp wanted to continue its incredible growth while securing its future

While many high-growth companies choose to delay these investments in favor of driving short-term results, protecting clients’ data is a “top priority” for ClickUp, says Founder and CEO (Read more...)