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Jama Software closes on $13M funding round

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Monday, August 19, 2013

Portland-based Jama Software closed its first round of venture capital at $13 million.

That’s a big round by Oregon standards, and reflects the ongoing renaissance in Portland technology that has helped boost statewide tech employment to a seven-year high last month.

“The market is really ripening in Portland. The level of developer talent we’re seeing is approximating San Francisco, if not exceeding it,” said Karan Mehandru, General Partner, Trinity Ventures, the Silicon Valley firm that lead Jama’s round.

Read more at OregonLive.com.


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