Deals

Mavenlink raises $3.9M for start-to-finish project management tool

Mavenlink, an Irvine-based startup offering start-to-finish project management, has raised $3.9 million and is adding 15,000 new users each month, the company announced Wednesday.

The startup, founded in 2008, is tailored around the remote workforce and supports project-related tasks such as file sharing, task management and milestone and time tracking. The freemium project management tool also integrates with Google Apps, allows for online invoicing and supports expense tracking.

“The workforce that businesses need today is more flexible than ever. A growing number of telecommuters, freelancers, consultants, and outsourced services are replacing the traditional 9 to 5,” Mavenlink CEO Ray Grainger said. “We’re committed to providing these virtual teams and project-based workforces with technology that centralizes their information and allows them to work efficiently in the cloud.”

Mavenlink has raised a total of $5.5 million and has more than 100,000 users.

[Teamwork image via Shutterstock]

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