Workfront Closes $33M Series E Round
Workfront has experienced significant growth over the past several years, and our intentions are to continue to make bold strategic moves to accelerate that growth.
“Workfront has experienced significant growth over the past several years, and our intentions are to continue to make bold strategic moves to accelerate that growth,” Eric Morgan, Workfront CEO, said in a statement. “This round of funding will support the sales, marketing, and product strategy we have defined, with the objective to be the dominant provider of enterprise work management solutions. We are extremely pleased to have JMI lead this round of funding. With its successful track record of building world-class SaaS organizations, JMI will continue to help us capitalize on our market opportunity while expanding our offerings and support for our enterprise clients.”
With the recent round, Workfront has nearly raised $100 million in venture capital. Billboards at the start of the year claimed “The Lion Is Coming”, a reference to the rebranding efforts of Workfront. As the money total keeps climbing, I think it’s safe to say that the lion has officially arrived.