Work management and collaboration platform provider Wrike has raised $15 million Series B in a round led by Scale Venture Partners (ScaleVP) that included DCM Ventures and previous investor Bain Capital Ventures.

As part of the deal, ScaleVP Partner Rory O’Driscoll has joined Wrike’s Board of Directors.

Founded in 2007, Wrike offers a software as a service (SaaS) based work management and collaboration platform, in a not dissimilar offering to the likes Slack, Box, HipChat and others.

Wrike’s particular push is towards offering a level of flexibility they claim is not being addressed by larger competitors, and is pitched particularly at marketing teams, professional services and tech companies. The enterprise product is claimed to be unique in the space as it allows businesses to both integrate their individual data and map their specific processes into the platform.

Its enterprise cloud-based offering launched in 2013, and while it’s certainly not close to becoming a well-known name yet (or a Unicorn for that matter,) Wrike boasts of some impressive growth figures; enterprise revenues are said to be growing at a rate of 20% month-over-month, and the company adding over $1.5 million in new annualized recurring revenue every month.

Wrike says that more than one million people have used Wrike and it now has over 8,000 paid enterprise customers; the enterprise pricing isn’t available on their website and is by quote only depending on the number of users, but a professional package is priced at $99 per month for 15 users.

“At a time of huge digital transformation in the workplace, our customers were stuck with a choice between overly complex enterprise IT solutions that were impractical, or overly simple tools and apps that don’t scale,” Wrike Chief Executive Officer and Founder Andrew Filev said in a statement sent to SiliconANGLE. “Our goal was to bridge that gap with our enterprise product and focus on smoothly integrated, scalable customization. Now each customer can easily configure Wrike to support their unique business goals.”

Not needing the money

In one report on the round, a Wrike spokesman (presumably Filev) said that the company didn’t need the round as it still has $6 million in the bank from its previous round, but took the round because:

The capital markets are so favorable right now, however, that Wrike couldn’t pass on this opportunity and decided to use it to fuel its growth in the enterprise world.

They’re not the first, and it’s not as if they’re being greedy like Secret was, but taking the money simply because it was available versus seriously needed is always a bit of a worry.

Including the new round Wrike has raised $26 million over three rounds to-date. Previous investors who did not participate in the new round include just the one firm: TMT Investments.

Wrike said it would use the new funding to expand the development of their platform following “the explosive growth of our enterprise product.”