I'm thrilled to announce Row Zero closed a $10M seed round! The round was led by IA Ventures and Trilogy Equity Partners, plus Founders Co-op, Ludlow Ventures, Wes McKinney, Karl Sun, K9 Ventures, Andrew Miklas, and Badrul Farooqi.
First, a brief look back. We started working on Row Zero more than 4 years ago. I'd recently left Amazon, and the idea of "Excel but on AWS" had been gnawing at me. I used Excel a ton at Amazon because I loved the interface, but I was constantly running up against the 1M row limit with the work I was doing for S3's placement system. As an AWS engineer, the solution seemed obvious - Excel was running on my laptop, but it should have been in the cloud. This would allow scaling up and down to handle big data sets in Snowflake, Databricks, and S3 and seamless Google Sheets-style sharing.
The problem was scope. On top of being an enormously difficult systems problem, we'd need to reimplement every spreadsheet feature. I remember Nick asking me early on how long it'd take to get to launch, and I wisely said "I have no idea".
The answer was 3 years. We launched last February, and the response was overwhelming. Users loved the performance and connectivity, and, to our surprise, enterprises loved the security. We didn't know it when we started, but every Fortune 500 company has data teams building thousands of Tableau and PowerBI dashboards that primarily exist to let users download CSV files that they open in Excel. This is a security nightmare - as soon as the data's downloaded it can go to competitors. We'd unwittingly solved this with our cloud architecture - users get the familiar spreadsheet interface they need and enterprise data remains securely trapped in the cloud.
This round is a symptom of our traction. We now have Fortune 500 customers in healthcare, retail, manufacturing, logistics, insurance, and financial services migrating off of Excel and Google Sheets to Row Zero.
To my fellow engineers - please reach out. We're hiring in Seattle, Pittsburgh, and SF (and remotely for exceptional candidates). You'll join a world class engineering team that includes 6 former principal engineers from AWS and Tableau. The systems problems are super thorny and straight out of a computer science curriculum - distributed systems, compilers, static analysis, and virtualization. And the front-end problems are arguably even harder. There's so much to build.
We've got a huge opportunity to become the default front-end for billions of business users all over the world. I'm incredibly excited to find out what happens next.