Clockwise, a time management and smart calendar tool, has raised $45 million in Series C funding led by Coatue, with participation from Atlassian Ventures and existing investors Accel, Greylock Partners and Bain Capital Ventures. This latest round brings the company’s total amount of funding raised to $76 million. Clockwise uses artificial intelligence to help teams free up their workdays and avoid the challenges associated with remote and hybrid workplaces, such as burnout.
The company was founded in 2016 by Gary Lerhaupt, Matt Martin and Mike Grinolds. The trio met while working at RelateIQ, a company Salesforce bought for $390 million in 2014. They found that they shared a common goal, which was to create a way to give people more time for focused work.
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