Workfront Lands $280,000,000 New Financing

Company Information

Company
Workfront

Website

http://www.workfront.com

Location
3301 N Thanksgiving Way Lehi, UT 84043

Description
Workfront is a leading provider of on-demand project and portfolio management software. Its flagship product, task, places business intelligence tools in the hands of executives and team-collaboration in the hands of the front line.

Transaction Details

  • Date – 3/14/2019
  • Transaction Type – Venture Equity
  • Transaction Amount – $280,000,000
  • Transaction Round – Undisclosed
  • Acquire / Investor(s) – W Capital Partners
  • Acquire / Investor(s) – Susquehanna Growth Equity
  • Acquire / Investor(s) – AllianceBernstein
  • Acquire / Investor(s) – OpenView Venture Partners
  • Acquire / Investor(s) – Greenspring Global Partners
  • Acquire / Investor(s) – JMI Equity