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ACQUIRED COMPANY
 
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CascadeWorks  Acquired by Upwork (2003 )

300 California Street #600
San Francisco, CA 94104
USA
(415)-402-8000
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Javier Rojas (Kennet Venture Partners Managing Director) Kirk Cruikshank (Ariba EVP Marketing);  Chip Linehan (NEA) Mario Rosati (Wilson Sonsini Goodrich & Rosati)
Company

Business description: CascadeWorks enables Global 2000 companies to derive strategic business advantage from services e-procurement -- the inter-enterprise process for sourcing, managing, and paying for services. CascadeWorks' integrated suite of applications, CascadeWorks Clarity, delivers improved management of spend, procurement process and vendor networks addressing the complex inter-enterprise interactions specific to the services procurement life cycle.
Customers include: AribaAutodeskCharles SchwabInktomiTexas Instruments;  ABN AMRO;  Key Corp
Partners include: ActuateADCAribaBEA SystemsCommerce OneIcarianOracleSun MicrosystemsWebLogicwebMethods;  Advanced Data Concepts;  Archway Consulting;  CCP Global;  Core Staffing Services;  Digex;  Glotel;  KPMG Consulting;  Novient;  Pro Unlimited;  Resource Solutions
Capital

Rounds: 2
Recent Fundings:    Nov 2001
Capital raised: 16.0M
Ownership: Acquired by Upwork (2003 )
VCs include: NEAKennet Venture Partners
Angels/other VCs: Drew Harman (Ariba)

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Overview
Sector: Software
Year Founded: 2000
Rounds: 2
Recent Fundings:    Nov 2001
Capital Raised: 16.0M
Ownership: Acquired by Upwork (2003 )