Retool Reels In $20 Million

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Retool says it has raised &dollar;20 million Series C from existing investors&colon; Sequoia Capital&comma; Elad Gil&comma; Nat Friedman&comma; Daniel Gross&comma; and John and Patrick Collison&period; These investors also led the company&&num;8217&semi;s Series A and Series B rounds&period;<&sol;p>&NewLine;<p>Retool helps companies connect their apps and databases to build their own tools in minutes&period;<&sol;p>&NewLine;<p>Founder and CEO David Hsu said the company tried to raise the right amount of money instead of getting the most money at the highest valuation&period;<&sol;p>&NewLine;<p>The company says it has paying customers that span all industries&comma; from fintech &lpar;Brex&comma; Coinbase&comma; and Plaid&rpar;&comma; to e-commerce &lpar;Amazon&comma; Allbirds&comma; Rakuten&comma; and Peloton&rpar;&comma; all the way to automotive &lpar;Jaguar Land Rover&comma; Mercedes Benz&comma; and Volvo&rpar;&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

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