Dragonboat Reels in $12 Million

<p><strong><span class&equals;"xn-location">SANTA CLARA<&sol;span><&sol;strong> &&num;8212&semi; Dragonboat&comma; which operates a product portfolio management platform&comma; has reeled in a <span class&equals;"xn-money">&dollar;12 million <&sol;span>Series A round led by Insight Partners&comma; with participation from existing investors Act One Ventures&comma; Roble Ventures and GingerBread Capital&period; The round quickly follows the company&&num;8217&semi;s <span class&equals;"xn-money">&dollar;3 million<&sol;span> seed announcement in July and the company says it had 500&percnt; growth since January&period;<&sol;p>&NewLine;<p>Conceptualized and optimized by a team of talent whose prior experience includes PayPal&comma; BigCommerce&comma; Shutterfly&comma; and Feedzai&comma; Dragonboat&&num;8217&semi;s portfolio platform enables product organizations to dynamically connect customer insights and business objectives with initiatives&comma; build data-driven roadmaps&comma; allocate resources effectively and integrate with engineering tools for execution all in one place&period; With Dragonboat&comma; companies can now invest in the right product at the right time and ensure all functions know what the teams are building&comma; why and when&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Dragonboat has fostered an engaged community of product leaders and product ops passionate about an outcome driven portfolio approach to managing products&period; Insight Partners has an incredible record of helping companies achieve exponential growth and long-term success&period; We&&num;8217&semi;re excited to partner with some of the best minds in the space to help businesses accelerate market potential by enabling product and operational excellence&comma;&&num;8221&semi; shared <span class&equals;"xn-person">Becky Flint<&sol;span>&comma; CEO &amp&semi; Founder of Dragonboat&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Building products requires constant evaluation of the market&comma; customers&comma; and business goals while simultaneously collaborating with all functions to ensure the right product is built&comma; at the right time&comma; to achieve customer and portfolio outcomes&comma;&&num;8221&semi; said <span class&equals;"xn-person">Ryan Polk<&sol;span>&comma; Operating Partner &&num;8211&semi; Product &amp&semi; Technology at Insight Partners&period; &&num;8220&semi;Dragonboat is pioneering a new category that&&num;8217&semi;s not just relevant for product management&comma; but for any businesses that are building digital products&period; We&&num;8217&semi;re excited to partner with the Dragonboat team as they continue to grow&period;&&num;8221&semi; Ryan will join the Dragonboat board&period;<&sol;p>&NewLine;<p>With a distributed and autonomous workforce&comma; it&&num;8217&semi;s increasingly difficult for companies to align&comma; coordinate and collaborate across various locations and time zones&period; Dragonboat is the only platform that enables product teams with top-down alignment&comma; bottom-up innovation and cross-functional collaboration&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We are growing fast and need the right solution for portfolio management to connect roadmaps with OKRs and run our quarterly planning and tracking&period; After I evaluated 25 tools&comma; I finally found Dragonboat &&num;8211&semi; the only tool that suits all our use cases and is flexible to fit our ways of working&comma; not forcing us to follow the predefined framework&period;&&num;8221&semi; Anton Zhvakin&comma; Product Ops at Miro explained&comma; &&num;8220&semi;Finally&comma; we can get rid of tons of tools and formats to keep all our product portfolio data transparent and up-to-date&period;&&num;8221&semi;<&sol;p>&NewLine;