Wrike


Wrike, Inc. is a privately held project management application service provider based in San Jose, California.

History

Wrike was founded in 2006 by Andrew Filev. Filev initially self-funded the company before obtaining investor funding later on. Wrike released the beta version of its software in December 2006, and publicly debuted the application that month at the Le Web 3 conference in Paris, where it won the prize for the B2B category. They then launched a new "Enterprise" platform aimed at larger businesses in December 2013.
In 2016 Wrike launched a datacenter in Europe to host data in compliance with local privacy regulations. In July of the same year Wrike announced the launch of Wrike for Marketers, their first move into verticalized solutions. The product was designed around the typical marketing workflow, which often revolves around briefs, requests, assignments, reviews and approvals.
Wrike has currently more than 700 employees in San Jose, San Diego, Dublin, Melbourne, Kyiv and St. Petersburg.

Investments

After bootstrapping the company for nearly 7 years, Wrike received $1 million in Angel funding in 2012 from TMT Investments. Wrike secured $10 million in investment funding from Bain Capital in October 2013. In May 2015, the company secured $15 million in a new round of funding. Investors included Scale Venture Partners, DCM Ventures, and Bain Capital. At that time, Wrike had 8,000 customers, 200 employees, and 30,000 new users each month.
On November 29, 2018 Wrike has signed a definitive agreement to receive a majority investment by Vista Equity Partners, a leading investment firm focused on software, data and technology-enabled businesses. The company's strong track record of growth - which has landed Wrike on Deloitte's Technology Fast 500™ list for the last four years - and customer service has made Wrike a leader in the rapidly growing collaborative work management market.

Software

The Wrike project management software is a Software-as-a-Service product that enables its users to manage and track projects, deadlines, schedules, and other workflow processes. It also allows users to collaborate with one another. The application is available in English, French, Spanish, German, Portuguese, Italian, Japanese and Russian. The primary goal of the software is to help streamline workflow and allow companies to focus on core tasks. As of 2016, it was used by over 12,000 companies

Features

Wrike is designed around a minimalist multi-pane UI and consists of features in two categories: project management, and team collaboration. Project Management features are those which help teams track dates and dependencies associated with projects, manage assignments and resources, and track time. These include an interactive Gantt chart, a workload view, and a sortable table that can be customized to store project data.
Collaboration features are those designed to aid in conversations, asset creation, and decision-making by teams. These include Wrike's Live co-editor, discussion threads on tasks, and tools for attaching documents, editing them, and tracking their changes. Wrike uses an "inbox" feature and browser notifications to alert users of updates from their colleagues and dashboards for quick overviews of pending tasks. These updates are also available in Wrike's mobile apps on iOS and Android. Wrike has an optional feature set called "Wrike for Marketers" which has several tools for managing marketing workflows. According to Wrike's website, these tools include intake forms, proofing and approval, and document versioning.
In May 2012, Wrike announced the launch of a freemium version of its software for teams of up to 5 users. That year also saw the integration of a live text coeditor into its workspace to unify collaboration and task management. In late 2013 Wrike released a new feature set called Wrike Enterprise which included advanced analytics and other tools targeted at large business customers. Since then it's released several major updates to Wrike Enterprise, including a customizable spreadsheet called "Dynamic Platform" in late 2014 and custom workflows for teams in 2015. In July 2016, Wrike was updated with a set of add-on features under the name "Wrike for Marketers," which includes integrations with Adobe Photoshop, a tool for submitting requests, and proofing and approval tools for creative assets like videos and images.

Mobile

Wrike is available as native Android and iOS apps. Mobile apps include an interactive Gantt chart that syncs across devices. The apps are available offline, and sync when connection is restored.

Integrations

Wrike integrates with a number of other enterprise systems. These include:
It also has an API so that developers can build their own integrations.

Recognition and awards

Wrike's headquarters is situated in San Jose, California, where the company moved from Mountain View in February 2016 announcing 150 jobs over the following 3 years. In June 2015, Wrike announced the opening of a new office in Dublin, Ireland and plans to create fifty jobs there over the next two years. In October 2016, that estimate was bumped to 80 jobs. Wrike also has offices in St.Petersburg, Russia, and Kiev, Ukraine.

Company recognition and awards