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Monday.com Raises $50million

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Monday.com is a Tel Aviv based team collaboration software, with offices around the world. They have managed to raise $50 million in a new round of funding, bringing their total raised so far to $84million, and their pre-money valuation rumoured to be close to $500 million! This funding was led by New York-based growth equity firm Stripes Group, securing participation from existing investors as well as securing a strategic line of credit form LeumiTech, the technology arm of Israel's Bank Leumi.

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