Linear, a software maker, raises $82 million at $1.25 billion valuation, focusing on product development.

From Yahoo Finance: 2025-06-10 08:20:00

Linear, an enterprise software maker, secures $82 million in Series C funding, reaching a valuation of $1.25 billion. Led by Accel, the round includes investors 01A, Sequoia, Seven Seven Six, and Designer Fund. The company reports a 280% profit growth in the past year, with over 15,000 customers.

CEO Karri Saarinen plans to use the funds to develop new products and target larger enterprises. Linear focuses on specific software development use cases, offering tools like a “triage inbox” for bugs and sprints for development cycles. The company emphasizes customer-first product development over technology-first, a strategy praised by investor Miles Clements.



Read more at Yahoo Finance: Atlassian competitor Linear raises funding at $1.25-billion valuation