November 30, 2018

Wrike Sells Majority Share to Vista Equity Partners

Wrike Sells Majority Share to Vista Equity Partners

Wrike

For no obvious reason, today brings three investments in collaboration systems. Start with purchase of a majority share in work management platform Wrike by Vista Equity Partners. Vista – or VEP to its friends – has bought quite a few well known martech companies, including Marketo, Xactly, and Cvent.

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Asana Completes $50 Million Series E

BusinessWire

Meanwhile, work management platform Asana announced completion of its $50 million Series E, bringing total 2018 funding to $125 million and cumulative funding to $213 million. The round was shared by a half-dozen investors.

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SHIFT Bought by Marlin Equity Partners

Marlin Equity Partners

Finally, Marlin Equity Partners completed its purchase of media collaboration platform SHIFT, which specializes in sharing content for the media and entertainment industries. Marlin is another frequent martech investor, with a portfolio including Aprimo, Bazaarvoice, and Blue Hornet.

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