Wrike Raises $15M in Series B Financing
Summary
Wrike, a Mountain View, CA-based work management platform for high-performance teams, raised $15m in Series B round of financing.In conjunction with the round, ScaleVP Partner Rory O’Driscoll joined Wrike’s Board of Directors.The company intends to use the funds to expand globally and invest in product development.Founded in 2007 by CEO Andrew Filevexpand, Wrike provides over 8,000 paid customers with a SaaS-based work platform that allows distributed and co-located teams to work together.The company, which recently surpassed its 200th employee, plans to hire 150 more people in the next 12-18 months.
Funding
Amount
$15.0M
Total raised
Date
May 6, 2015
Announcement date
Investors
Bain Capital Ventures, DCM Ventures, Scale Venture Partners
Lead investors
Company
http://www.wrike.com
Funded company
Classifications
industries
No industries detected
applications
Calendar, Scheduling
AskAI Classifications
Labels
SaaS
Work Management Software
Project Management Software
Linked Companies
Wrike, Inc.
$50M to $100M