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Open-Source Project Management: Plane Expands into North America
Open-source project management startup Plane has made a significant move by acquiring Sort, a US-based engineering team that specialises in AI-native business workflows. This acquisition marks Plane’s official entry into the North American market.
This strategic decision follows a successful fundraising round where Plane secured £4 million in seed funding 18 months ago. The expertise brought in by the Sort team is invaluable, particularly in the realms of enterprise software and AI systems. Leveraging Plane’s capabilities in infrastructure, on-premises deployment, and automation of workflows, the collaboration promises to bolster the company’s product offerings.
Enhancing Product Offerings for Security-Conscious Organizations
This acquisition enhances Plane’s offerings as a contemporary, self-hosted platform specifically designed for organisations prioritising security. It expedites Plane’s efforts to penetrate the enterprise market throughout North America.
About Plane’s Project Management Platform
Plane is recognised as an open-source project management platform tailored for modern teams. It blends features such as task tracking, wikis, and timelines into a cohesive interface. With advanced functionalities that include custom workflows, role-based access control, audit logs, and air-gapped deployments, it currently serves over 100,000 users globally.
Plans for Future Growth
With its expansion into the US and a team that includes veterans from MongoDB, PayPal, Elastic, and BitGo, Plane seeks to establish itself as a category-defining Work Operating System. It aims to achieve a balance between openness, control, and enterprise-level performance.
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