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Grammarly secures $1B from General Catalyst to expand its AI productivity platform

  • Grammarly secures $1B funding from General Catalyst to expand its AI productivity platform.
  • General Catalyst's investment reflects ongoing support towards Grammarly's growth and integration with Coda.
  • Grammarly serves over 40 million users through AI tools like proofreading, paraphrasing, and tone suggestions.
  • Funds will be used to scale operations, enhance product development, and expand Grammarly's customer base.

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