LoadSpring Solutions, founded in 1999, is an enterprise market leader in project platform solutions that delivers managed cloud services and a proprietary project platform for project-based organizations. Its core product set includes project management and control solutions, fast data and business intelligence access, and hundreds of best-of-breed project-based applications. LoadSpring emphasizes data safety through SOC 2 Type II security certification to protect customer data. Under a strategic majority investment from Blattner Technologies, the company plans to accelerate platform development and AI/analytics technology innovation. LoadSpring will retain its global office locations and executive management team, with Eric Leighton continuing as President and CEO. The partnership is intended to enable faster geographic and industry expansion and to advance customers' use of data, machine learning, and predictive analytics. LoadSpring Solutions provides cloud-based project management solutions anchored by its SpringBoard cloud portal that manages multiple hosted applications. The company serves Fortune 100 customers in industries including architecture, engineering and construction, manufacturing, real estate services, financial, energy and utilities, government, healthcare and entertainment. Founded in 1999, LoadSpring emphasizes its SpringBoard control panel and professional services to simplify project-management workflows for project managers and IT teams. With the new investment the company plans to accelerate advancements in mobile applications and global performance technologies and expand the portfolio of applications under management. LoadSpring intends to use proceeds to grow its sales organization and distribution channels, establish a European division, and pursue opportunistic tuck-in acquisitions. The company operates from Stamford, Conn., and Wilmington, Mass., and positions SpringBoard as a differentiated management tool and key technology asset.

Total raised

$6M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2014