Irvine Software Firm Gets $19M


Reporter Jane Yu wrote a feature on the Mavenlink’s round of funding from Carrick Capital Partners, the company’s business model, and funding history. “Irvine-based software maker Mavenlink Inc. got $7 million from Carrick Capital Partners in San Francisco (and Newport Beach). Mavenlink makes project- and team management applications that are designed to “streamline workflow” online. Its services include cloud-based file sharing, expense tracking and security control. Carrick Capital cofounder and Managing Director Jim Madden and Chief Technology Officer Steve Unterberger will join Mavenlink’s board of directors. Carrick Capital typically invests in companies with revenues between $10 million and $100 million.”

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