Projectplace International

Projectplace International

Europe-focused cloud based social project collaboration platform..

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DateInvestorsAmountRound
N/A

€0.0

round

N/A

Acquisition
Total Funding000k

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Revenues, earnings & profits over time
SEK2017201820192020202120222023
Revenues0000000000000000000000000000
% growth26 %43 %63 %8 %4 %22 %20 %
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
% profit margin(8 %)20 %(18 %)11 %12 %17 %18 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

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Established in Stockholm, Sweden, in September 1998 by co-founders Mattias Hallstrom, Magnus Ingvarsson, and Peter Engstedt, Projectplace International emerged as a notable player in the Software-as-a-Service (SaaS) project management space. The company developed a cloud-based social and project collaboration tool designed to help geographically dispersed and cross-organizational teams with project planning, execution, and delivery.

The platform's core offering centered on improving team collaboration and efficiency. Its software integrated features like task management applications, document archives, meeting and issue management, and planning and tracking tools. Users could visualize workflows and track progress through integrated Kanban boards and Gantt charts, while also managing documents in a central, secure repository with version control. This functionality catered to teams across various departments, from IT and HR to marketing, by providing a single, unified space to manage both complex projects and daily tasks.

The business operated on a SaaS model, providing its project management and collaboration solutions to a global client base. By 2014, the platform had attracted a substantial user base and served enterprise clients such as Sony and Volvo. In August 2014, Projectplace was acquired by the Austin, Texas-based portfolio and resource management software company, Planview. This acquisition was a strategic move for Planview to combine its own project and portfolio management (PPM) capabilities with Projectplace's collaborative work management tools. The integration aimed to create a comprehensive solution that supports a wide array of work styles, from traditional, structured projects to more unstructured, collaborative efforts. Now known as Planview ProjectPlace, the product continues as a key component of Planview's broader suite of work management solutions.

Keywords: work management, project collaboration, SaaS, task management, Gantt charts, Kanban boards, portfolio management, document sharing, team collaboration, Planview, project planning, resource management, work execution, enterprise software, project tracking, collaborative software, social collaboration, issue management, cloud-based software, agile projects

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