Today, it’s good to be Targetprocess. After 14 years of stable, natural growth, we are excited to dive into acceleration mode with $5M Series A financing led by the European Bank for Reconstruction and Development (EBRD) and Zubr Capital. Read the announcement.
“The goal of taking on this funding is to get bigger. We see the opportunity right now because more companies understand the value of agile to provide faster response and quicker delivery… It’s the perfect time because Agile is moving beyond IT into other parts of the organization", shares Andrey Mihailenko, co-founder, in this TechCrunch article.
What does it mean for you?
Overall, we remain the same Targetprocess that our 51,000 users across 80 countries know and love. Through thoughtful growth, we will continue to deliver the best platform for visualizing work across the enterprise. And with additional capital, we will further invest in our development teams to provide new features even faster, and enable customers to make better, more informed decisions.
With planned growth of our sales, marketing and customer support teams, you can expect that we will maintain our live, 24/7 customer support channels and provide even more great resources and opportunities to connect with your peers, Agile experts and our team. Our R&D teams will expand to ensure that you remain on the cutting-edge of project management.
Learn more with the following resources, or email us with your questions. We look forward to what’s to come!
- Read the press release.
- View our Newsroom.
- Join us at Target Conference, our upcoming customer summit in Berlin!
- Read the TechCrunch article by Ron Miller.
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