Deals

You've never heard of ProjectManager? Startup gets $3.5M to fix that & expand into the U.S.

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It’s a good day to be part of New Zealand-based company ProjectManager.com. The company announced it has recently secured $3.5 million in new funding to help fuel the growth of the business in the United States.

In addition to the new funding, ProjectManager.com has also established a top-notch executive board of directors to lead the charge in the U.S..

ProjectManager.com is project management software that comes with social, video, mobile, and content tools already built into its platform. This allows users to collaborate while managing, tracking, and organizing projects.

Companies and organizations like NASA, Volvo, and the United Nations have already joined the more than 15,000 ProjectManager.com users worldwide, with an additional 150,000 users on the mobile app.

The new funding will allow the company to continue to grow and nurture its U.S. market.

“The next step in our journey is to establish a US sales and marketing operation, to better support our customers,” stated Jason Westland, ProjectManager.com CEO, in an interview with VentureBeat. “Our U.S. customers want local assistance when training, rolling out, and migrating new users onto our platform. This funding round will help us achieve that goal.”

The funding will be instrumental in establishing the U.S. office and recruiting new staff. Having an additional $3.5 million in the bank allows ProjectManager.com to recruit high-caliber senior management and take the next step towards evolving the business into a worldwide project management platform.

As part of the investment round, ProjectManager.com is also establishing a new board of directors. Three technology entrepreneurs with decades of collaborative experience are joining forces to create ProjectManager.com’s first board of directors.

Guy Haddleton, co-founder of Anaplan; Herb Hunt, former IBM executive and director of the Wynyard Group; and Graham Shaw, director of Xero, bring their experience and drive to the table to help ProjectManager.com grow. The three men will extend the business strategy to focus on the enterprise market and help the company further scale its fast-growing user base.

The board will also be responsible for strategy to bring in an extensive network of contacts and partnerships.

“Their combined wealth of knowledge will be invaluable as we scale the company to greater heights,” says Westland.

ProjectManager.com started operations in 2008 and was recently named a Deloitte Fast 50 Company. ProjectManager.com is headquartered in New Zealand with offices in the Silicon Valley. More than 80 percent of its users are currently based in the United States.