
<p>Project management and collaboration software company Wrike has landed $10 million in Series A funding, it was announced on Tuesday.</p><p>The new money came from Bain Capital Ventures (BCV), the venture arm of Bain Capital. Founded in 2006, the company was bootstrapped until it raised $1 million in private equity financing from TMT Investments in June of 2012.</p><p>The reason the company began to take money now it so expand its reach, Andrew Filev, Founder and CEO of Wrike, told me in an interview. "We help thousands of people across the globe, but we want to reach millions."</p><p>To that end, the money will be used to boost both product and marketing. That means expanding the enterprise version of the product, developing new products for mobile and "leveling up the platform game."</p><p><a href="http://vator.tv/news/2013-10-01-collaboration-software-company-wrike-raises-10m">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.prweb.com/releases/2013/10/prweb11160358.htm">Wrike Secures $ 10 Million Series A From Bain Capital Ventures</a> (PR Web (press release))</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dF9zAtdL2tRywAMxTCWTjpxAaNoLM&ned=us">8 additional articles.</a></p>