The startup is making a play at building an Airtable-like tool designed for developers.
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Finding no satisfactory tool on the market, Sarbu set out to build it herself. On Tuesday, her new company Xata announced that Redpoint Ventures and Index Ventures had co-led a $30 million round of Series A financing. The startup, which was founded in December 2020 and raised its seed round last August, now has a valuation in the range of $150 million to $200 million, according to a source familiar with the deal.
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