Tasktop Closes $100 Million in New Funding, Cements Position as the Universal Standard for Value Stream Management
Investment led by Sumeru Equity Partners set to fuel Tasktop s growth and innovation in optimizing software delivery at scale
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VANCOUVER, BC, April 8, 2021 /PRNewswire/
Tasktop, the company creating the universal integration and visualization standard for value stream management (VSM), today announced a strategic investment from Sumeru Equity Partners (SEP), a growth-focused technology investment firm based in the San Francisco Bay Area, to accelerate growth and expand market leadership. Management and existing investors participated in the $100 million investment. As a part of the transaction, existing Tasktop investors will continue as significant shareholders and Jason Babcoke and George Kadifa will join the board of directors.