Innotas, a project portfolio market company, gets $6M boost
Innotas, a company offering something called project portfolio management (PPM), has raised $6 million more in funding.
PPM is software designed to help groups tackle projects, with an eye toward managing resources and meeting goals. Where Salesforce has become a titan from selling customer relationship management (CRM) software to sales divisions at big firms, Innotas and others hope to fatten from peddling PPM to the rest of the company. Both CRM and PPM are broadly categorized… Continue Reading
Innotas, project management software Co., raises $5M
Innotas, a six year old company selling project management software, has raised $5.5 million in a second round of funding, according to VentureWire (sub required):
Founded as Project Arena in 2000, the Oakland, Calif.-based company raised its first financing from seed investor Cedar Circle LLP. In this latest round new investors ArrowPath Venture Partners and ComVentures joined Cedar Circle in putting up the Series B capital. Since the lean years, Innotas has managed to build a… Continue Reading