Zubr Capital
27 april 2018

Targetprocess is a product IT-company has attracted 5 mln $ of investments from Zubr Capital and EBRD

Targetprocess, product IT-company from Belarus has attracted investments from Zubr Capital and European Bank of Reconstruction and Development. Zubr Capital informs about acquisition of majoritarian share of Targetprocess.   The company will be in portfolio of Zubr Capital Fund I.   

Targetprocess develops projects portfolio management systems based on Agile. Over 1000 companies from 80 countries all over the world use its decisions, among them are Ciso, Citrix, Caterpillar, Marriott. The offices of the companies work in Belarus, USA, Germany and United Kingdom.   

Market of project portfolio management, on which Targetprocess works, is evaluated in 2.5 billiard USD in 2015 and it will exceed 4.6 billiards USD till 2020. The quality of Targetprocess product is proved by researches of consulting company Garner that included Targetprocess into Enterprise Agile Planning Tools.