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Coda
Original author(s)Coda, Inc.
Developer(s)Coda Project
Initial releaseFebruary, 2019
PlatformWeb platform
TypeCollaborative software
Websitecoda.io

Coda is a cloud-based document editor. It combines elements of word processors, spreadsheets, and presentations. Documents are built with click-and-drag "blocks". Coda Project, Inc. was founded in 2014 and publicly released the Coda software in 2017. The company raised $240 million in total funding. The Coda software was reworked in October 2019 and February 2022. Third-party developers create and sell plugins called "Packs" that connect Coda documents to third-party services.

Features

Coda is a document editor that replaces spreadsheets, presentation documents, word processor files, and apps.[1][2][3] Common uses for Coda documents include using them as a wiki, database, or project management tool.[2] Users can link data across multiple documents, integrate content that is refreshed from online services, embed or attach files, or program advanced features using Coda's formulas.[2] For example, a user's calendar can be embedded into a document.[1] Coda Packs are plugins that connect Coda to third-party software, such as Gmail, Slack, or GitHub,[1] to do things like automatically populate a Coda document with Shopify or weather information.[4][5] A feature called "Automations" is used to perform an action after a "Trigger" automatically. For example, it can automatically send a Slack message or automatically schedule a meeting if a project has failed to meet a milestone.[1] Coda's automations are similar to the "If This Then That" (IFTTT) concept.[1]

Development

Coda Project, Inc. was founded by Shishir Mehrotra and Alex DeNeui in June 2014.[4] The founders initially met each other at the Massachusetts Institute of Technology.[1] The Coda project was given the code-name "Krypton"[2] and the first functional prototype was developed within a few months.[4] They had a private beta and alpha among friends and family members in 2015.[4] The Coda software was developed in stealth mode for three years before a public beta was announced in October 2017.[2][6] Throughout the public beta, more features and automations were added to the software.[1] The company was named Coda, which is an anadrome for "a doc".[4][7]

Coda raised $60 million in venture capital funding over two rounds by 2017.[2][6] The Coda software came out of beta in February 2019.[8] Version 1.0 had an improved user interface, new features for folders and workspaces, and permission levels for accessing files.[8] In October 2019, it simplified the user interface, added features for organizing Coda documents, and made other improvements in version 2.0.[8][9] Filters and conditional formatting were also added.[9] Coda raised another $80 million in 2020[10] and $100 million in 2021. The 2021 funding brought Coda's valuation to $1.4 billion, making it a unicorn.[3]

In February 2022, Coda released version 3.0,[11] which had a rebuilt editor and features for users to develop their own integrations between Coda and third-party software.[5] Version 3.0 allowed multiple users to edit the same content in a table simultaneously and made other user-interface improvements.[5][11] Coda also introduced a marketplace where developers can create and sell Packs that connect Coda documents to third-party software.[5][12] It offered $1 million in grants for developers that create the first user-generated Packs.[5]

See also

References

  1. ^ a b c d e f g Wiggers, Kyle (November 16, 2018). "Coda's rules-based Automations feature automates repetitive tasks". VentureBeat. Retrieved May 22, 2022.
  2. ^ a b c d e f 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.
  3. ^ 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.
  4. ^ a b c d e McCracken, Harry (October 18, 2018). "To turn docs into apps, Coda had to rethink productivity from scratch". Fast Company. Retrieved May 23, 2022.
  5. ^ a b c d e Newman, Jared (February 23, 2022). "Coda's new features take on Microsoft Word and Google Docs". Fast Company. Retrieved May 22, 2022.
  6. ^ 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.
  7. ^ 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.
  8. ^ a b c Wiggers, Kyle (October 24, 2019). "Coda launches new workplace collaboration tools". VentureBeat. Retrieved May 22, 2022.
  9. ^ a b "Coda launches next version of project management app". SearchContentManagement. October 28, 2019. Retrieved June 8, 2022.
  10. ^ Jeans, David (August 11, 2020). "Coda, Would-Be Successor To Google's G-Suite, Now Valued Above $600 Million". Forbes. Retrieved June 8, 2022.
  11. ^ a b Finnegan, Matthew (March 4, 2022). "Coda and Notion turn up the heat on Microsoft Office". Computerworld. Retrieved May 22, 2022.
  12. ^ Newman, Jared (October 12, 2021). "Move over, Microsoft Word: The race to reinvent document editing". Fast Company. Retrieved May 22, 2022.

Category:Collaborative real-time editors Category:Web applications Category:Online word processors Category:Online spreadsheets Category:Cloud computing providers Category:Software companies based in the San Francisco Bay Area Category:Software companies of the United States