Hex lands another $28M as data collaboration platform continues to gain traction

Many companies are struggling to get funding these days in an increasingly tight investment environment. It seems the days are gone when VC firms approach promising startups about funding instead of the other way around, but Hex, a data collaboration startup, has defied the odds.
Company co-founder and CEO Barry McCardel says he wasn’t looking for funding when Sequoia came knocking on his door. The company ended up landing another $28 million from Sequoia with participation from existing investors Andreessen Horowitz, Amplify and Snowflake.
McCardel says he still hasn’t touched the $52 million

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