The Quora of the question and answer website is not as frequent as other startups, but it does not mean the company is not on fire. No, Quora has just completed a round of 80 million-dollar c-round financing, funded by Tiger Global Fund Management, the company's existing investors benchmark, Matrix, and North Bridge Venture and Peter Thiel. According to people familiar with the matter, Quora in this round of financing in the valuation of about 900 million U.S. dollars, it seems that the 1 billion Dollar Unicorn club in the near future will usher in a new member. Quora has received more than $60 million trillion in funding before the round.
Quora founder Adam D ' Angelo said: "Most of the funds raised by the company are in the bank, in case of financial crisis or other special circumstances." For us, the most important thing is to ensure that our products and services can continue to survive, and always remain independent. "It can be seen from Adam's eyes that Quora is not for sale forever."
So far, Quora has never disclosed the user data for its own products. In the United States, the number of visitors to Quora this February was 2.2 million, according to comscore. But Marc Bodnick, head of business development at Quora, said some data analysts had grossly underestimated the Quora's flow data, generally underestimating 5 to 15 times times. "The Q Platform service provided by Quora is the best, the largest database on the Internet and the second largest encyclopedia after Wikipedia," Bodnick said.
Quora mainly want to use this round of financing to achieve the following purposes, one is to ensure that the company's positive cash flow, always keep the company independent operation, to avoid the fate of being acquired; the second is to further improve the company's products; third, expand the Quora service in the international scope.