Workplace management platform Lane has raised $10 million in funding and will use the money to double its team by the end of the year and quicken its global expansion.
Bruce Croxon, managing partner at Round13 Capital, issued a statement saying that despite possessing a fraction of resources and funding, Lane is "outperforming competitors in the market."
"It was impressive to see the round come together so quickly and it was even more impressive to see it over-subscribed given the times we are in," he said. "As teams adjust to a new normal in the workplace, Lane's ability to remove friction from the process will prove invaluable."
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Ryan Tarinelli
Ryan Tarinelli is a reporter at the New York Law Journal. He is based at the New York State Capitol in Albany, New York. He can be reached through email at [email protected]. Follow him on Twitter: @ryantarinelli.
