(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. (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… Spectris Buys Concurrent Real-Time From Battery Ventures for $166.7 Million . Sumeru Equity Partners looked north to Canada for its latest deals, investing in business software company Loopio Inc. and in Tasktop Technologies Inc., … See here for a complete list of exchanges and delays. sweetgreen simple, seasonal, healthy salads and grain bowls made in-house from scratch, using whole produce delivered that morning. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. This copy is for your personal, non-commercial use only. Jason has more than 15 years of technology investing and operating experience with prior investments including MSC Software (acquired) and Talend (IPO). Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Cloud computing firm DigitalOcean and online learning platform Coursera Inc, both companies which saw a surge in demand due to stay-at-home orders during the pandemic, went public recently and are trading above their debut prices. Prior to co-founding Sumeru Equity Partners, Jason was a Principal at Silver Lake Sumeru, the middle market investment strategy of Silver Lake and predecessor fund to Sumeru Equity Partners. Tasktop, a Vancouver-based value stream management provider for software development and delivery, has raised a $100 million investment led by Sumeru Equity Partners. Tasktop’s previous investors, Yaletown Partners and Elsewhere Partners, also participated as part of the round. Sumeru Equity leads $100 mln funding in Canada-based Tasktop Reuters – 04/08/2021 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. TMS solutions for 3PLS, Shippers & Brokers Transportation management software born in the cloud. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Sumeru leads $100m financing of VSM platform Tasktop. Cassels Represents Sumeru Equity Partners on its Strategic Investment in Tasktop Technologies; Cassels Acting as Strategic and Legal Advisor to Canopy Growth on its Acquisition of Supreme Cannabis for $435 Million; Triovest Realty Advisors Acquires $125 Million Industrial Logistics Facility from Mantella Yaletown Partners Congratulates Tasktop on its US$100M Financing with Sumeru Equity Partners. A City’s Only Hospital Cut Services. CEO George Kadifa will … Sumeru Equity Partners looked north to Canada for its latest deals, investing in business software company Loopio Inc. and in Tasktop Technologies Inc., which helps automate software development. Vancouver, Canada-based Tasktop offers a platform that allows companies to shorten the time to market their products and quicken their software development. 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. Sumeru Equity leads $100 mln funding in Canada-based Tasktop Reuters – 7:45 AM ET 04/08/2021 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. Yaletown Partners and Elsewhere Partners remain investors in Tasktop, according to a spokesman for Tasktop. The San Mateo, Calif.-based growth-equity firm invested $200 million in Loopio and, in a separate transaction, led a $100 million investment in Tasktop, alongside management and existing investors. Copyright 2021 Dow Jones & Company, Inc. All Rights Reserved. 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. Meanwhile, private equity fundraising in the U.S. dropped 37% to $203.2 billion in 2020, as investors grew cautious over whether these PE firms could deliver significant returns. Sumeru Equity Partners Heads North to Cut Deals. As part of the latest deal, two managing directors from Sumeru Equity, Jason Babcoke and George Kadifa, will also join Tasktop’s board, the company said. Yaletown Partners, the first institutional investor in Tasktop, wishes to congratulate Mik Kersten, CEO and Founder, and the entir… ECP Seeks As Much As $1 Billion for Clean-Energy PIPE Deals. Loopio secures US $200M growth equity from Sumeru Equity Partners - April 8, 2021; Ventus Therapeutics U.S. secures $100M Series B led by RA Capital - April 8, 2021; Pender Growth Fund to acquire Working Opportunity Fund - April 7, 2021 The round was led by Sumeru Equity Partners, a growth equity firm headquartered in California. Our Standards: The Thomson Reuters Trust Principles. The SPAC’s other top managers are all tied to Sumeru Equity Partners, a successor entity to a Silver Lake fund called Silver Lake Sumeru. Sumeru Equity leads $100 million funding in Canada-based Tasktop Published 8 hours ago Gucci owner Kering on track with global logistic hub in Italy Tasktop has earlier raised $32 million in funding, from investors including venture capital firms Austin Ventures and Yaletown Venture Partners, among others, according to data from Pitchbook. Covid-19 Vaccine: How Private-Equity Portfolio Companies Played a Role, Aramco Strikes $12.4 Billion Oil Pipeline Deal With EIG-Led Group. https://www.wsj.com/articles/sumeru-equity-partners-heads-north-to-cut-deals-11617879614. All quotes delayed a minimum of 15 minutes. This copy is for your personal, non-commercial use only. Fund News. Tasktop has raised $126 million CAD ($100 million USD) in growth equity financing, following several years of significant growth for the Vancouver-based SaaS startup.. Its customers include AT&T, BMW Group and GE Aviation, a subsidiary of U.S. conglomerate General Electric. How Locals Fought Back.