Tuesday, February 4, 2014

AtTask Gets $38M

In the biggest round of funding for the year yet in the region, Lehi, Utah-based project management software developer AtTask said this morning that it has raised $38M in a new growth funding round, to help it accelerate its market share and product efforts. The Series D funding was led by JMI Equity. The new investment further bolsters Utah's reputation as a center of enterprise software development. AtTask said that its existing investors, GreenSpring Associates, Escalate Capital and University Venture Fund, also particpated. JMI Equity's Peter Arrowsmith joins the company's board of directors. AtTask has now raised a total of $75.0M in venture funding. More information »