Airfocus bags $7.5M for its take on project management software
In 2017, Malte Scholz, then a project manager at a 200-person startup, was struggling to find a product management tool that worked both for him and the teams under his purview. Today, Scholz's business, Airfocus, has ~800 customers including Caterpillar, The Washington Post and Orange and annual recurring revenue hovering around the "single-digit" millions, according to Scholz. Evidently pleased with the momentum, investors are pouring money into Airfocus, most recently in the form of a $7.5 million tranche led by Newion with participation from XAnge, Nauta, Riverside Acceler...
Source: yahoo.com
