{"id":13567,"date":"2020-10-06T04:00:00","date_gmt":"2020-10-06T04:00:00","guid":{"rendered":"https:\/\/www.unqork.com\/resources\/forbes-profiles-unqork-founder-gary-hoberman-and-huge-series-c-fundraise\/"},"modified":"2024-04-02T20:27:37","modified_gmt":"2024-04-02T20:27:37","slug":"forbes-profiles-unqork-founder-gary-hoberman-and-huge-series-c-fundraise","status":"publish","type":"resources","link":"https:\/\/www.unqork.com\/resource-center\/blogs\/forbes-profiles-unqork-founder-gary-hoberman-and-huge-series-c-fundraise\/","title":{"rendered":"Forbes Profiles Unqork Founder Gary Hoberman and Huge Series C Fundraise"},"content":{"rendered":"\n        <section class=\"bs-section bs-section-a3e2e2f19668c5eafb3429750952aea3578f8222 bs-section---default bs-section--progress-bar-scroll  \"><div class=\"container-fluid\">\n        <div class=\"bs-row row   bs-row---default\">\n        <div class=\" bs-column col-sm-12   bs-column-5f6574ebb29ac8d58ab608d2aff5b1bbe4f96332 bs-column---default 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class=\"reading-time__time\">2 <\/span> min read\n<\/div>\n\n\n        <h1 class=\"wp-block-post-title\">Forbes Profiles Unqork Founder Gary Hoberman and Huge Series C Fundraise<\/h1>\n        \n        <div class='media-elements bs-media-element---default enable'>    <div class='bs-common-image'>\n                            <figure class='figure justify-content-start d-flex'>\n                            <picture>\n                            \n                            <img data-src='https:\/\/www.unqork.com\/wp-content\/uploads\/2020\/10\/aHViPTEwMTAwNSZjbWQ9aXRlbWVkaXRvcmltYWdlJmZpbGVuYW1lPWl0ZW1lZGl0b3JpbWFnZV81ZjIwNDJmYzgwOTQ1LmpwZyZ2ZXJzaW9uPTAwMDAmc2lnPWZhZTBmNGM4ZTQwYTNiMzRjMmJhZDcxNWU5YzZhYzNi-3-1-scaled.jpeg' class='img-fluid lazyload'   alt='placeholder' title='' src='data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' style='--smush-placeholder-width: 2560px; --smush-placeholder-aspect-ratio: 2560\/1707;' \/><noscript><img 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<\/a>of a $207 million Series C fundraise leading to a $2 billion valuation, <a href=\"https:\/\/www.forbes.com\/sites\/martingiles\/2020\/10\/06\/no-code-startup-unqork-hits-2-billion-valuation\/#45ff98d5138c\" target=\"_blank\" rel=\"noopener\">Forbes profiled our CEO and founder Gary Hoberman<\/a>. The piece, by author Martin Giles, told how Hoberman left his job as CIO at MetLife to form Unqork in 2017, but was initially rebuked by VC because he was too old (he was only 45 at the time) and potential investors told him he was underestimating the challenge of selling software to large companies.&nbsp;<\/p> \n<!--more--><p>\u201cFast forward to 2020 and Hoberman has confounded the skeptics by building a software startup that\u2019s just achieved unicorn status: Unqork announced today it has raised a $207 million C round at a valuation of $2 billion,\u201d wrote Giles.<\/p> \n<p>The piece went on to describe that no-code technologies of various types have existed and allowed non-technical people to build area-specific software. The challenge for Unqork was to build a platform that would provide the same ease-of-developmental access, but for secure, scalable, sophisticated, enterprise-ready applications that could be applied anywhere in an organization\u2014and getting CIOs comfortable with them. And so far, Unqork has overcome these challenges.<\/p> \n<blockquote> \n <p><strong>[Unqork has proven] \u201ca minimum of three times faster and three times less expensive\u201d&nbsp;\u2014James McGlennon, Liberty Mutual\u2019s CIO<\/strong><\/p> \n<\/blockquote> \n<p>Part of Unqork\u2019s success has been in engineering a strong platform and attracting huge names such as Franklin Templeton, Aon, Liberty Mutual. Unqork has proven \u201ca minimum of three times faster and three times less expensive\u201d than using more traditional methods to develop and maintain applications, the piece quotes Liberty Mutual CIO. It&#8217;s perhaps little wonder why over the past two weeks, LinkedIn added us to their list of <a href=\"https:\/\/www.unqork.com\/resources\/latest-content\/linkedin-names-unqork\" target=\"_blank\" rel=\"noopener\">the country&#8217;s top startups<\/a> and Built in NYC named us <a href=\"https:\/\/www.unqork.com\/resources\/latest-content\/unqork-ranked-1-of-100-best-places-to-work-in-nyc\" target=\"_blank\" rel=\"noopener\">the best place to work in New York City<\/a>.<\/p> \n<p>The piece goes on to explain how Unqork will use its new funds to expand even faster. \u201cThe company, which recently hired its first CFO, has already more than doubled headcount this year, from 165 people to more than 350 and now intends to step up its hiring of sales staff and software engineers,\u201d Giles wrote. \u201cIt also intends to use some of the investors\u2019 cash to expand its relationships with leading services firms such as Deloitte and KPMG, which should help it to uncork even more opportunities.\u201d<\/p> \n<p>Read the whole piece on <a href=\"http:\/\/www.forbes.com\/sites\/martingiles\/2020\/10\/06\/no-code-startup-unqork-hits-2-billion-valuation\/#45ff98d5138c\" target=\"_blank\" rel=\"noopener\">Forbes&#8217; website<\/a>.&nbsp;<\/p> \n<div>\n &nbsp;\n<\/div>\n        <\/div>\n        <\/div>\n        <\/div><\/section>\n         \n        \n        <section class=\"bs-section bs-section-be24a151ee5ee16e1dd8cbbd9d8701665c7cdf01 bs-section---default bs-section--common-posts bs-section--common-related-post bs-section--blog-inner-post-slider bs-section--see-how-unqork-slider  \"><div class=\"container\">\n        <div class=\"bs-row row   bs-row---default\">\n        <div class=\" bs-column col-sm-12   bs-column-5f6574ebb29ac8d58ab608d2aff5b1bbe4f96332 bs-column---default     \">\n        <h2 class=\"wp-block-heading has-text-align-left has-unqork-blue-color has-text-color\">You Might Also Be Interested in<\/h2>\n        <\/div>\n        <\/div>\n        \n    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