Vista to invest in Wrike
Summary
Vista Equity Partners has agreed to make a majority investment in San Jose, California-based Wrike , a collaborative work management platform for high-performance teams.The Wrike platform operates across all functions to unify the enterprise in a single digital workplace with all the features, tools, and integrations needed to automate and complete work at scale.Founded in 2006 and headquartered in Silicon Valley, Wrike is the partner of choice for 18,000 organizations, including Google, Tiffany and Company, and Edelman, and nearly two million users across 130 countries.Vista Equity Partners is a U.S.-based investment firm with offices in Austin, Chicago, New York City, Oakland, and San Francisco with more than $44 billion in cumulative capital commitments.Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity.