K2 Receives over $100M Investment from Francisco Partners
Summary
K2, a Bellevue, Washington-based provider of business application software, received an over $100m investment from Francisco Partners.The company will use the proceeds for marketing and product innovation efforts.Led by Adriaan van Wyk, co-founder and CEO, and Olaf Wagner, SVP of Product Development, K2 provides software that allows customers to optimize their business processes and build and run their own business applications on premises and in the cloud.It currently supports over one and a half million users across 1,400 customers in 80 countries.The list includes Fortune 500 companies Shell, Kimberly Clark, PPG, and Microsoft.
Funding
Amount
$100.0M
Total raised
Date
February 19, 2015
Announcement date
Investors
-
Lead investors
Company
http://www.k2.com
Funded company
Classifications
industries
No industries detected
applications
Business Planning / Continuity
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
K2
$50M to $100M