AAA AtTask raises $38m

AtTask raises $38m

US-based AtTask provides a cloud-based enterprise-level work management system that helps marketing, information technology and other teams work in a smarter and more efficient way. AtTask is currently used by global enterprises like Adobe, Cisco and HBO.

The Series D round was led by JMI Equity, a growth equity firm focused on investing in leading software and technology-enabled services companies. Existing AtTask investors GreenSpring Associates, Escalate Capital and University Venture Fund also participated in this round of capital.

Eric Morgan, AtTask chief executive said, “Following record growth in 2013, driven by accelerated adoption by larger enterprise clients, this Series D funding will enable us to expedite our future growth initiatives. We are extremely pleased to have JMI Equity on our team. With its successful track record of building world-class SaaS organizations, JMI will help us capitalize on our market opportunity while expanding our offerings and support for these enterprise clients.”

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