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Groove wades into project management

Headshot of Martin LaMonica
Headshot of Martin LaMonica
Martin LaMonica Former Staff writer, CNET News
Martin LaMonica is a senior writer covering green tech and cutting-edge technologies. He joined CNET in 2002 to cover enterprise IT and Web development and was previously executive editor of IT publication InfoWorld.
Martin LaMonica
Groove Networks said Monday it will resell a project management application from TeamDirection with its peer-to-peer collaboration software. The bundle, called Groove Workspace Project Edition, will include Groove's tools to share documents and communicate with co-workers. TeamDirection's Project and Dashboard applications are designed to help teams distribute tasks and track ongoing projects. The combined products are available from Groove for $199 per person.

Groove, which is trying to secure a lasting foothold in the market for corporate collaboration software, in March laid off about 20 percent of its work force. At the same time, the Beverly, Mass.-based company landed an additional round of $38 million in funding from current investors Microsoft, Intel Capital and Accel Partners.