Latest Summit Partners Stories

2014-08-11 12:32:01

ST. LOUIS, Aug. 11, 2014 /PRNewswire/ -- Funds advised by Apax Partners ("Apax"), a global private equity firm, today announced that they have entered into an agreement to acquire Answers Corporation ("Answers"), the parent company of Answers.com and a leading provider of cloud-based solutions that enhance customer acquisition and brand engagement, from Summit Partners, TA Associates, and founder shareholders. Members of Answers' senior management will invest alongside Apax Funds and...

2014-05-06 08:44:12

Financing by Kortschak Investments, IDG Ventures, and Crosslink Capital will fuel product development and membership growth SAN FRANCISCO, May 6, 2014 /PRNewswire/ -- Beauty Noted, a crowdsourced platform that powers cosmetics recommendations has hired industry veteran Kate Thorp as President and CEO to lead the new social beauty venture. In addition, Beauty Noted has secured $2.2 million in seed funding, led by Kortschak Investments, with participation from IDG Ventures and...

2014-04-22 08:34:20

Summit Partners leads financing round, with participation by Noro-Moseley Partners and Harbert Venture Partners investment, to strengthen company's position as leader in the population health management market ATLANTA and BOSTON, April 22, 2014 /PRNewswire/ -- Wellcentive, a leading provider of population health management SaaS solutions to health organizations, announced today that it has received a growth capital minority investment from three leading equity firms. The financing...

2013-06-17 23:16:20

Fund focused on early-stage technology companies in Chicago and Greater Midwest already produces first exit. Chicago, IL (PRWEB) June 17, 2013 Chicago Ventures, an investment fund focused on early-stage technology companies based in Chicago and the Greater Midwest, announced today it has raised $40M to begin the new era of the fund and that Kevin Willer has joined the fund as partner. Formerly known as the i2A Fund II, the new name of Chicago Ventures better represents the fund´s...

Word of the Day
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.