Israeli SaaS co dapulse raises $2.6m


Dapulse's solution depicts the whole process, unifying teams and helping them complete tasks quicker and more efficiently.

Israeli SaaS project management solution provider dapulse has raised $2.6 million in Series A funding from Genesis Partners and Entree Capital. The Tel Aviv based company says that this is only the first part of its Series A funding and that additional capital is being raised.

Founded in 2012, the company has grown significantly over the last 18 months, expanding its customer base from six to over 1,700, including two significant customers Discovery and WeWork.

dapulse founder and CEO Roy Man said, "In just 18 months dapulse has managed to grow exponentially and help companies such as Discovery and WeWork streamline their tasks (or pulses) to create organizational efficiency and complete projects. This round A, which the initial $2.6 million is a part of, will help the company continue its fast-paced growth, improve upon its product, enhance integrations and feature sets to better serve its customers."

WeWork head of digital Roee Adler, "dapulse allows us to achieve greater clarity into what our team is doing, allowing us to complete tasks as quickly as possible. dapulse has been such a great tool for us to create visibility into what is happening within the company, cut down on human error and plan for the future much more efficiently."

dapulse's SaaS solution differs from classic project management software by eliminating a separate view of "what needs to be done" for each user. Instead, dapulse creates a big picture of the whole process for everyone to see, therefore unifying teams and helping them complete tasks quicker and more efficiently.

Discovery Communications art director Brad Wohlgemuth said, "dapulse has allowed our team to better collaborate and communicate across all projects, while reducing e-mail clutter and improving team organization. dapulse has allowed us to better concentrate on actually creating and executing on projects versus spending time sifting through e-mails and lost communication."

Published by Globes [online], Israel business news - - on August 25, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

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