One year after raising a USD $100 million strategic investment led by San Francisco’s Sumeru Equity Partners, Vancouver’s Tasktop has been acquired by Austin’s Planview, a global leader in Portfolio Management and Work Management.
“Connecting Planview’s leadership in enterprise Agile and strategic portfolio management with Tasktop’s leadership in VSM is a game-changing combination that expands the capabilities and value proposition we can offer to customers. Tasktop and Planview’s complementary offerings will better help our customers realize digital transformation – accelerating the pace at which they can transform and deliver competitive advantages through technology,” said Mik Kersten, Founder and Chief Executive Officer at Tasktop.
“Tasktop and Planview have more than eight years of history working together, and we’re thrilled to be taking this next step in our relationship to join forces and make it possible for every organization to become a digital innovator.”
The Tasktop platform is designed to help businesses bridge the gap between software delivery and business outcomes. Across its product suite, Tasktop provides universal metrics and unified dashboards to visualize and measure value streams, as well as integrations to reduce costly and slow manual data handoffs to better measure the flow of software delivery.
Tasktop’s solutions enable some of the largest and most successful digital transformations in recent years for customers including BMW, CGI, E*Trade and T-Mobile. Already deployed across half of the Fortune 100, Tasktop dramatically reduces time to market and increases velocity of software development.
Tasktop was founded by Kersten and Gail Murphy in 2007 and currently employs 200+.