StockMarketWire.com - TMT Investments said portfolio company Wrike Inc has recently completed a $15m equity financing round led by Scale Venture Partners, a prominent US venture capital fund.

As a result, TMT now holds approximately 3.68% of Wrike's fully-diluted equity capital worth approximately $4.3 million. The transaction represents an approximately US$2.3 million (or 116%) uplift in the fair value of TMT's investment in Wrike, compared to the latest reported amount reported as of 31 December 2014.

TMT originally invested US$1.0m in Wrike in June 2012.






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