Entrepreneur Behind Microsoft's Wunderlist Raised $11M - Read Why - Microsoft (NASDAQ:MSFT)

German entrepreneur Christian Reber who sold his to-do list app Wunderlist to Microsoft Corp MSFT in 2015, raised funding for a follow-on app called Superlist, CNBC reports.
Reber secured €10 million ($11 million) in a seed funding round led by venture capital firm EQT Ventures, reaching a total of €13.5 million.
Superlist will use the new funding to double the size of its team from 20 to 40 by the end of 2022, focusing on hiring developers, designers, and product leads.
Superlist is a task and project management app that looks to help people collaborate in a hybrid-working world. It allows users to scale a project from one person to 100 or 200 people.
Reber set up Superlist with four other entrepreneurs, including two of the other Wunderlist co-founders.
Microsoft had acquired Wunderlist for $100 million - $200 million before shutting it down in 2019, leaving Reber frustrated, CNBC notes.
"The global productivity management software market is projected to reach $102.98 billion by 2027, so there is real opportunity for a tool that harnesses team members' individuality and focuses specifically on the challenges of the modern workplace," said EQT Ventures partner Ted Persson.

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Entrepreneur Behind Microsoft's Wunderlist Raised $11M - Read Why