ASX-Dividend-Report-Banner

All-in-One collaboration tool AFFiNE, fastest growth ever in GitHub history, raises $8M funding round

October 16, 2023 08:46 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 All-in-One collaboration tool AFFiNE, fastest growth ever in GitHub history, raises $8M funding round
Image source: Kalkine Media

SINGAPORE, Oct. 16, 2023 /PRNewswire/ -- AFFiNE proved that 10k GitHub stars could be obtained in 43 days. The company said today it has raised $8 million in Series Pre-A funding bringing its total value to nearly $40 million.

AFFiNE (https://affine.pro/) made waves in the SaaS world with its impressive debut on GitHub in August 2022. The launch of its multi-model blocks, which seamlessly integrate text, database, and whiteboard, was a game-changer that immediately caught users' attention spanning over 100 countries. With its powerful features, AFFiNE confidently promises to revolutionize the way users write, plan, and present their ideas, eliminating the need for toggling between different collaboration tools. AFFiNE is the ultimate all-in-one solution that is set to transform the way people work.

Compared with similar companies, AFFiNE achieved greater popularity in a shorter time. Within 43 days since its first launch, AFFiNE has achieved a staggering 10,000 GitHub Stars, setting a new record for the fastest growth ever achieved on the platform. With the constant release of updated versions, AFFiNE has surpassed 20,000 GitHub Stars, cementing its position as one of the most promising collaborative tools on the market. Additionally, AFFiNE has been featured on GitHub Trending an impressive 28 times in 2022, demonstrating its exceptional potential to the world.

Fastest to obtain 20K stars among benchmark open-source projects
Fastest to obtain 20K stars among benchmark open-source projects

"AFFiNE's ambitions and hard work never stop. We will release our ultimate platform and engine for web applications including back-end and front-end infrastructure. Small and medium teams can use our platform to release a productivity web app easily." said by AFFiNE's founder Jiachen He (https://www.linkedin.com/in/jiachen-he-8b0740127/), "Mature infrastructure means a lot for the prosperity of an industry. Today, the web industry needs next-gen infra urgently."

AFFiNE has been proven to be successful by the world-wide users. Now, AFFiNE can share the underlying technical capabilities with all collaborative tools and become the generally accepted developing platform and engine.

AFFiNE is the best practice and joint-development partner of Yjs, which is the most powerful CRDTs framework. AFFiNE will never stop exploring and innovating.

Based on the brilliant performance in various open-source communities, AFFiNE has successfully raised a total of $10 million in funding over three rounds. The Series Pre-A was co- led by Redpoint Ventures, Sinovation Ventures, and CGC Ventures and followed by MiraclePlus (formerly Y Combinator China), with four investors participating.

Recently, AFFiNE announced its new financing plan in a Series A round for product development and commercial operations. The company's stellar performance in various global open-source platforms has attracted the interest of several renowned investors, who are excited to explore opportunities to invest in AFFiNE.

Media Contact: Yipei Wei (COO, Co-Founder)
Email:  [email protected]
Official Website: https://affine.pro/
Github: https://github.com/toeverything


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.