Jama Software, a Portland, Oregon-based product development platform provider for building complex products and integrated systems, received a $200m growth equity investment.
The round was led by Insight Venture Partners with participation from Madrona Venture Group.
The company intends to use the funds to speed product roadmap as well as support ongoing global expansion.
Led by Scott Roth, CEO, Jama Software is a product development platform provider for companies building complex products and integrated systems. The Jama Product Development Platform allows companies to establish a Predictive Product Development process — to mitigate risk, improve quality, identify opportunities and decrease time to market — via an integrated solution for guiding the product lifecycle from idea to launch.
More than 600 innovative companies including Wells Fargo, NASA Kennedy Space Center, Qualcomm, Eli Lilly, Roche, Canon, Caterpillar, and Jabra, use Jama Software.