Workfront Raises $33M For Its Enterprise Work Management Service

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Workfront Raises $33M For Its Enterprise Work Management Service

TechCrunch

Work management solution Workfront (previously known as AtTask) today announced that it has raised a $33 million Series E funding round led by growth equity firm JMI Equity, which also previously led the company’s $38 million Series D round last year. Greenspring Global Partners and Atlas Peak also participated in this round. The company has now raised a total of $95 million.

Workfront currently mostly markets its services at marketing, IT and services teams, but the solution isn’t limited to those kind of teams. It offers these teams everything from basic project and task management services to more elaborate workflow automation, approval, document management and proofing tools.  Workfront’s customers include Cisco, Comcast, Trek and Cars.com.

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The company says it plans to use the new funds to “execute on the company’s business development and growth initiatives.”

“This round of funding will support the sales, marketing, and product strategy we have defined, with…

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