{"id":56446,"date":"2014-06-24T09:06:00","date_gmt":"2014-06-24T05:06:00","guid":{"rendered":"http:\/\/localhost\/?p=56446"},"modified":"2014-06-24T09:06:43","modified_gmt":"2014-06-24T05:06:43","slug":"tasktop-technologies-series-a","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/tasktop-technologies-series-a","title":{"rendered":"Canadian Startup Tasktop Technologies Raises $11 Million to Fuel Expansion"},"content":{"rendered":"

\"\"Tasktop Technologies, creator of the Eclipse Mylyn open source tool, today announced that it has closed a Series A round.<\/p>\n

<\/p>\n

The $11 million round was led by Austin Ventures, syndicated with Yaletown Venture Partners. The Vancouver-based startup says the funding will help the company “maximize the reach of its successful software lifecycle integration platform by expanding into new markets.”<\/p>\n

Mik Kersten, Tasktop’s founder and CEO, held off raising capital for a while.<\/p>\n

“After bootstrapping to 70 people over seven years,” he says, “this investment will accelerate the growth of our customer-facing team to keep up with the market demand, as well as dramatically expand the reach of our integration platform.”<\/p>\n

Tasktop also announced that John Thornton, General Partner at Austin Ventures, and Mike Satterfield, Partner at Yaletown Venture Partners, have joined the Tasktop board of directors.<\/p>\n

“Tasktop’s success to date is not surprising. They’ve put together a top-notch management team, cultivated key partnerships and developed an enterprise-grade product for an under-served market,” said John Thornton, General Partner, Austin Ventures.<\/p>\n

“We’re pleased to be investing in another success story born in Canada,” stated Mike Satterfield, Partner at Vancouver-based Yaletown Venture Partners.<\/p>\n

Tasktop<\/a> was founded in 2007.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Tasktop Technologies, creator of the Eclipse Mylyn open source tool, today announced that it has closed a Series A round. The $11 million round was led by Austin Ventures, syndicated with Yaletown Venture Partners. The Vancouver-based startup says the funding will help the company “maximize the reach of its successful software lifecycle integration platform by […]<\/p>\n","protected":false},"author":54503,"featured_media":56448,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-56446","magazine","type-magazine","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/56446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/54503"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/56446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/56448"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=56446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=56446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=56446"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=56446"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=56446"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=56446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}