6 Nov 2024

Wellington startup set for expansion in Silicon Valley

From Nine To Noon, 9:25 am on 6 November 2024
Mark Orttung, CEO of Projectworks, the software firm started in Wellington.

Photo: supplied

Wellington software startup Projectworks is set to expand after a successfully raising $8.2 million last month, and appointing an experienced US tech businessman Mark Orttung as COO.

Projectworks was founded in the capital in 2019 by entrepreneurs Julian Clarke, Matthew Hayter and Doug Taylor.

The business has grown to a value of $100 million in five years. Mr Orttung was president and chief operating officer of Bill.com, now a $US 1billion firm listed on Wall Street, and a founder of Nexiant, the largest US cloud services company.

He tells Kathryn about plans to grow the business in the US and employ more talent in both Silicon Valley and Wellington.

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