The $1.5 billion startup Asana announced that it has crossed $100 million in annual recurring revenue. CEO Dustin Moskovitz explains how Asana did it.
is planning a series of launches this year focusing more deeply on specific sectors, starting with marketing and creative teams.
The collaboration and productivity software startup Asana is now raking in $100 million in annual recurring revenue, the company announced Wednesday., which was co-founded by Facebook cofounder Dustin Moskovitz, grew by more than 90% in revenue last year, notching its eight consecutive quarter of topline growth. Now, it has over 60,000 paying organizations and about 450 employees worldwide, the company says.
Right now, Asana has about 50 employees in Dublin, supporting the European market, and it recently established an office in Sydney to support Australia and Asia. And last year, Asana worked on translating its product to Spanish, German, Portuguese, French and Japanese. "A lot of it has really been driven by the growth internationally, but we're growing even faster in Europe," says Moskovitz, who serves as Asana CEO."We translated the product, and that made it accessible to a huge chunk of the world. We've also been establishing our presence globally."Asana's growth strategy
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