Article content
Tasktop Technologies Inc said on Thursday it had raised $100 million in a funding round led by technology-focused private equity firm Sumeru Equity Partners.
The company, which makes software-development tools, said existing investors and company management also participated in the round, but did not reveal the valuation at which the funding was raised.
We apologize, but this video has failed to load.
Try refreshing your browser, or Sumeru Equity leads $100 mln funding in Canada-based Tasktop Back to video
Tech startups have seen their valuations soar, thanks to a boost in their business from remote working during the COVID-19 pandemic and a simultaneous boom in the stock market that pushed buyout prices in the U.S. to a record high in 2020.
By Reuters Staff
2 Min Read
(Reuters) - Tasktop Technologies Inc said on Thursday it had raised $100 million in a funding round led by technology-focused private equity firm Sumeru Equity Partners.
The company, which makes software-development tools, said existing investors and company management also participated in the round, but did not reveal the valuation at which the funding was raised.
Tech startups have seen their valuations soar, thanks to a boost in their business from remote working during the COVID-19 pandemic and a simultaneous boom in the stock market that pushed buyout prices in the U.S. to a record high in 2020.
Sumeru Equity leads $100 million funding in Canada-based Tasktop reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Sumeru Equity leads $100 million funding in Canada-based Tasktop reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.