Coda (document editor)

For other uses, see Coda.
Coda
Original author(s)Coda Project
Developer(s)Coda Project
Initial releaseFebruary, 2019
PlatformWeb platform
TypeCollaborative software
Websitecoda.io

Coda is a cloud-based multi-user document editor.[1][2][3]

Features

A screenshot of the Coda document editor (2022)

Coda is a document editor that uses features from spreadsheets, presentation documents, word processor files, and apps.[4][5][6] Possible uses for Coda documents include using them as a wiki, database, or project management tool.[5] Coda has built a formula system, much like spreadsheets commonly have, but in Coda documents, formulas can be used anywhere within the document, and can link to things that aren't just cells, including other documents, calendars or graphs.[4][5][7] Coda also has the ability to integrate with custom third-party services,[1][3][4][8][9] and has automations.[4] It has offered $1 million in grants for developers that create such integrations.[1]

Development

Coda Project, Inc. was founded by Shishir Mehrotra and Alex DeNeui in June 2014, who met at MIT.[4][8] They developed the project mostly privately before a public beta was announced in October 2017.[5][8][10] The company was named Coda, which is an anadrome for “a doc”.[8][11] Coda raised $60 million in venture capital funding over two rounds by 2017.[5][10] The Coda software came out of beta in February 2019.[9] Version 1.0 had an improved user interface, new features for folders and workspaces, and permission levels for accessing files. Coda raised another $80 million in 2020,[12] and $100 million in 2021. The 2021 funding brought Coda's valuation to $1.4 billion, making it a unicorn.[6] In December 2024, Coda was acquired by Grammarly in an all-stock deal for an undisclosed amount.[13][14]

See also

References

  1. ^ a b c Newman, Jared (February 23, 2022). "Coda's new features take on Microsoft Word and Google Docs". Fast Company. Retrieved May 22, 2022.
  2. ^ Newman, Jared (October 12, 2021). "Move over, Microsoft Word: The race to reinvent document editing". Fast Company. Retrieved May 22, 2022.
  3. ^ a b Finnegan, Matthew (March 4, 2022). "Coda and Notion turn up the heat on Microsoft Office". Computerworld. Retrieved May 22, 2022.
  4. ^ a b c d e Wiggers, Kyle (November 16, 2018). "Coda's rules-based Automations feature automates repetitive tasks". VentureBeat. Retrieved May 22, 2022.
  5. ^ a b c d e Newton, Casey (October 19, 2017). "Coda is a next-generation spreadsheet designed to make Excel a thing of the past". The Verge. Retrieved May 22, 2022.
  6. ^ a b Shrivastava, Rashi (July 8, 2021). "All-In-One Doc Startup Coda Reaches $1.4 Billion Valuation In $100 Million Raise From A Major Pension Fund". Forbes. Retrieved May 22, 2022.
  7. ^ "Coda launches next version of project management app". SearchContentManagement. October 28, 2019. Retrieved June 8, 2022.
  8. ^ a b c d McCracken, Harry (October 18, 2018). "To turn docs into apps, Coda had to rethink productivity from scratch". Fast Company. Retrieved May 23, 2022.
  9. ^ a b Wiggers, Kyle (October 24, 2019). "Coda launches new workplace collaboration tools". VentureBeat. Retrieved May 22, 2022.
  10. ^ a b Flynn, Kerry (October 29, 2021). "A startup is taking on Google and Microsoft with a 'Minecraft for docs'". Mashable. Retrieved May 22, 2022.
  11. ^ Russell, Melia (December 5, 2020). "A Google and Microsoft alum who raised $140 million to take on Microsoft Office explains why productivity is one of the most attractive 'jokes' in Silicon Valley". Business Insider. Retrieved May 23, 2022.
  12. ^ Jeans, David (August 11, 2020). "Coda, Would-Be Successor To Google's G-Suite, Now Valued Above $600 Million". Forbes. Retrieved June 8, 2022.
  13. ^ Primack, Dan (December 18, 2024). "Grammarly is buying Coda to expand AI offerings". Axios.
  14. ^ "Grammarly is acquiring Coda to define a new era of AI-native productivity". Coda. Retrieved 2024-12-17.