Workfront amasses about $280 mln

Workfront, a modern work management platform, has secured about $280 million in funding. The investors were W Capital Partners, Susquehanna Growth Equity and AB Private Credit Investors. Existing backers Openview, Greenspring and JMI Equity will remain significant investors in the company. As part of the investment, Blake Heston, a managing director at W Capital and Martin Angert, a director at Susquehanna Growth Equity, will join Workfront’s Board of Directors. Goldman Sachs was placement agent while Goodwin served as legal counsel to Workfront.

Source: Press Release