Daptiv scores more funding for project management software, continuing on growth trajectory

Daptiv scores more funding for project management software, continuing on growth trajectory

Still on its quest to become the Salesforce.com of project portfolio management (PPM), Seattle startup Daptiv has raised $9 million more to develop and market its platform to large companies.

PPM, for those of you who haven’t spent much time in a cubicle, refers to the sets of goals, objectives and steps required for completing large projects. In essence, it’s how corporations keep their internal operations ticking along. Given the size and complexity of most modern… Continue Reading

EProject becomes Daptiv, aims to take over PPM market

EProject becomes Daptiv, aims to take over PPM market

A Seattle, Wash. company known for a decade as eProject has changed its name to Daptiv, in an apparent challenge to Microsoft and other dominant players that offer portfolio and project management software.

Founded in 1997, eProject barely scraped through the dotcom bust. Investor Kennet Partners recapitalized the company in 2005, and it secured another $12 million in funding from Bay Partners and Kennet earlier this year, simultaneously claiming that it was growing quickly enough to… Continue Reading