Bending Spoons to Buy Airtable For $1.28 Billion (techcrunch.com)
(Tuesday August 04, 2026 @05:00PM (BeauHD)
from the welcome-to-the-family dept.)
- Reference: 0184856800
- News link: https://slashdot.org/story/26/08/04/2041222/bending-spoons-to-buy-airtable-for-128-billion
- Source link: https://techcrunch.com/2026/08/04/bending-spoons-to-buy-airtable-for-1-28b/
Bending Spoons has made its first acquisition since [1]going public last month at an $18 billion valuation, agreeing to [2]buy spreadsheet and database startup Airtable for $1.28 billion in cash . Airtable joins a growing portfolio of notable brands owned by the Italian app developer, including Evernote, WeTransfer, EventBrite, and Vimeo. TechCrunch reports:
> Founded in 2013, Airtable has so far raised more than $1.4 billion over multiple funding rounds. At its peak, during the boom days of 2021, it was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion. With its current net cash-and-cash-equivalents balance, Airtable is now valued at about $2.25 billion, Bending Spoons said.
>
> "Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows. The value being delivered is reflected in annual recurring revenue growing over 20% YoY to approximately $480 million as of June 2026, and joining forces with Bending Spoons will accelerate innovation even further," Bending Spoons' founder Luca Ferrari said in a statement.
[1] https://slashdot.org/story/26/07/04/0458242/aols-owner-bending-spoons-hits-wall-street-with-17-billion-ipo
[2] https://techcrunch.com/2026/08/04/bending-spoons-to-buy-airtable-for-1-28b/
> Founded in 2013, Airtable has so far raised more than $1.4 billion over multiple funding rounds. At its peak, during the boom days of 2021, it was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion. With its current net cash-and-cash-equivalents balance, Airtable is now valued at about $2.25 billion, Bending Spoons said.
>
> "Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows. The value being delivered is reflected in annual recurring revenue growing over 20% YoY to approximately $480 million as of June 2026, and joining forces with Bending Spoons will accelerate innovation even further," Bending Spoons' founder Luca Ferrari said in a statement.
[1] https://slashdot.org/story/26/07/04/0458242/aols-owner-bending-spoons-hits-wall-street-with-17-billion-ipo
[2] https://techcrunch.com/2026/08/04/bending-spoons-to-buy-airtable-for-1-28b/
Who? (Score:3)
Who^2?
Re: (Score:2)
[1]Airtable Review (2026): The Best Spreadsheet-Database Hybrid for Teams? [makerdeck.co]
> What Is Airtable?
> Airtable is a cloud-based platform that combines the simplicity of a spreadsheet with the power of a relational database. Founded in 2012 by Howie Liu, Andrew Ofstad, and Emmett Nicholas, Airtable has raised over $1.4 billion in funding and is valued at $11 billion. Over 450,000 organizations use Airtable, including companies like Netflix, Shopify, and the Red Cross.
> The core concept: each Airtable “base” is a relational database with multiple linked tables, but the interface looks and feels like a spreadsheet. You get familiar row-and-column editing, plus database features like linked records, rollups, lookups, and field types (attachments, checkboxes, single/multi-select, dates, currency). Multiple views — grid, kanban, calendar, gallery, gantt, form — let different team members see the same data in the format most useful to them.
> Airtable’s target audience is operations teams, marketing teams, product managers, and anyone who has outgrown spreadsheets but doesn’t need (or want to build) a full database application.
[1] https://makerdeck.co/airtable-review/
Re: (Score:1)
Apparently, the kid who bent spoons in The Matrix is buying a hockey game for one-and-a-quarter million... wish I owned that table hockey game! (/end sarcasm)
Really, though... how is this news on here? There's gotta be a dozen sales like this twice a day (probably small, but you never know).