The Briefing: Citrix Acquires Wrike For $2.25B, Getir Lands $128M, And More

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Citrix acquires Wrike for $2.25B

Digital workspace technology provider Citrix Systems has announced that it is acquiring Wrike, a provider of collaborative work management software, for $2.25 billion in cash.

Founded in 2006, San Jose-based Wrike currently employs more than 1,000 people. It is a portfolio company of private equity firm Vista Equity Partners.

In its announcement, Citrix forecasts that Wrike was poised for 30 percent stand-alone growth this year, with annual recurring revenues of between $180 million and $190 million.

Funding rounds

PPRO lands $180M: London-based PPRO, a provider of  local payment infrastructure for online commerce, reportedly raised $180 million in a funding round that pushes its valuation above the $1 billion mark.Turkey’s Getir raises $128M: Istanbul-based Getir, a provider of on-demand deliveries, has reportedly raised $128 million in fresh funding as it gears up to launch its service in several new cities.DeHaat inks $30M for agritech platform: India-based DeHaat, a technology-based platform offering end-to-end agricultural services to farmers in India, announced $30 million in Series C funding led by Prosus Ventures.AgriWebb lands $23M to digitize livestock farming: Australia-based AgriWebb, developing a livestock management platform, is now valued at more than $77 million after raising $23 million in a Series B led by TELUS Ventures.Trovata banks $20M for cash automation: San Diego-based Trovata.io, automating cash management with open banking, announced $20 million in Series A funding led by Wells Fargo Strategic Capital.ChannelEngine raises 5 million euros for e-commerce: Amsterdam-based ChannelEngine, a marketplace integration platform for distributed e-commerce, secured 5 million euros in Series A funding led by INKEF Capital.XP Health secures $5M for vision benefits: Palo Alto-based XP Health, an artificial intelligence-powered vision benefits platform for employees, raised $5 million in seed funding led by Valor Capital Group.

Illustration: Dom Guzman