Escalate Capital Backs Software Developer AtTask

Austin-based mezzanine capital provider Escalate Capital has put its financial backing behind software-as-a-service developer AtTask. AtTask, which develops software used for project and work management in enterprise teams, said it received $17M in a growth funding round, led by GreenSpring Associates and also including Escalate Capital, University Venture Fund and Josh James, founder of Omniture. AtTask is based in Utah. Escalate Capital says on its web site that it has invested over $300M in 30 companies since 2005. More information »