SEATTLE, WA -- 06/22/09 --
LiquidPlanner, online project management software for
today's collaborative enterprise, today announced that it has secured $1
million in new funding from a variety of strategic angel investors from
across the Northwest. The Seattle Alliance of Angels, the Bellingham Angel
Group and Seattle angel investor Geoff Entress are among those who have
contributed to this new round of funding. Included in this round is an
investment from the new Alliance of Angels Seed Fund which directed
$235,000 to LiquidPlanner -- the first investment since the Seed Fund
launched in May 2009. The company will use these funds to support new sales
and marketing initiatives and invest in product development. In addition,
Mr. Entress will join LiquidPlanner's Board of Directors.
"LiquidPlanner provides a radically different approach to project
management that distinguishes it from the dozens of other online project
management applications that are currently available in the market," said
Geoff Entress, a venture partner at Voyager Capital and executive committee
member of the Alliance of Angels. "By fusing a robust set of collaboration
features with its innovative scheduling and estimation engine,
LiquidPlanner provides teams with a flexible, web-based tool that enables
them to collaborate with other project stakeholders regardless of where
they are physically located."
Since officially launching its commercial service last year, LiquidPlanner
has signed up more than 200 companies that represent a wide spectrum of
industries and businesses, from creative agencies, design firms, and IT
consultancies to the energy, aviation, and telecommunications sectors. The
company has also launched two major versions of its service in the past 12
months and was nominated as a Webware 100 product in the productivity
category.
"Project management is no longer about managing schedules and being a task
master," said Charles Seybold, co-founder and CEO of LiquidPlanner. "It's
about empowering people with the right set of tools so they can be
successful. We feel fortunate that in this economy we were able to raise
the necessary capital that will not only help us improve our service but
will also help our growing customer base meet its own project objectives."
About LiquidPlanner
LiquidPlanner was founded in 2006 by Charles Seybold and Jason Carlson,
former senior managers at Expedia.com. LiquidPlanner was born from their
vision to create a new project management paradigm, one that helps teams
manage complex projects in an ever-changing business landscape. Built on a
patent-pending scheduling engine, LiquidPlanner was designed to be
flexible, intuitive, and smart enough to support fast-moving teams of all
sizes and structures. The company is privately held and headquartered in
Bellevue, Washington. More information can be found at
www.liquidplanner.com
Press Contact:
Robert Nachbar
Kismet Communications
206-427-0389
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