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Linearity raised 20 million in funding!

Linearity raised 20 million in funding! Linearity

In another funding round Linearity was able to generate funding of 20 million $. The round was led by EQT Ventures and 468 Capital with participation from Bradley Horowitz (VP Product, Google), Jonathan Rochelle (Co-Founder Google Docs, Google Spreadsheets, Google Slides, Google Drive), Charles Songhurst (Ex. Corporate Strategy, Microsoft) and Lutz Finger (Group Product Manager, Google).

The money is needed for further growth and enhanced functions of their program Vectornator. In terms of growth Linearity is as well hiring more staff as also expanding to new markets in Europe and Asia. The program itself will be enhanced by AI and real time collaboration features.

Linearity was founded by Vladimir Danila, who started setting up his own graphic program as an alternative to Adobe programs early on. Vectornator has over 5 million downloads and was shown in the current Apple campaign. Vladimir took part in several MCEI events as speaker.

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Sponsors

  • University of Mannheim
  • Institut für Mittelstandsforschung
  • Gründerverbund
  • ESF
  • Europäische Union
  • Baden-Württemberg - Ministerium für Finanzen und Wirtschaft
  • Absolventum