Wednesday, May 6, 2015

Wrike Gets $15M

Mountain View-based Wrike, the developer of enterprise , project management software, said today that it has raised $15M in a Series B funding. The funding was led by Scale Venture Partners, and also included DCM Ventures and Bain Capital Ventures. Scale's Rory O'Driscoll joins the company's board with the funding. The company said it will use the funds to further develop its platform. Wrike is led by Andrew Filev. The company says it is adding over $1.5M in new annualized recurring revenue every month. More information »