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Last updated on April 19, 2014 at 9:20 EDT

Latest Summit Partners Stories

2013-10-03 12:29:02

Summit Partners leads investment and joins A10 Networks Board SAN JOSE, Calif., Oct. 3, 2013 /PRNewswire/ -- A10 Networks(TM), a technology leader in Application Networking, today announced it has secured $115 million in capital through an equity financing and a committed revolving credit facility. Summit Partners, a leading global growth equity firm, led the round with an $80 million equity investment. An additional $35 million revolving credit facility was obtained through Bank of...

2013-09-18 16:24:26

GENEVA and BERLIN, September 18, 2013 /PRNewswire/ -- - Tech Growth Summit hosts rising star CEOs and Corporates on September 23-24, 2013 - 2013 European Entrepreneur of the Year Award to be held in conjunction with Tech Growth Summit At the Tech Growth Summit in Berlin, Germany, on September 23-24, European market leaders in ICT & digital technology will meet the rising stars of the industry to share knowledge and best...

2013-07-18 08:27:29

SAN FRANCISCO, July 18, 2013 /PRNewswire/ -- RiskIQ, a leading provider of website security, mobile application security and anti-malvertising solutions beyond the firewall, today announced it has received $10 million in Series A funding from Summit Partners, a global growth equity firm. Summit Partners' investment, the first institutional funding accepted by four-year-old RiskIQ, will allow the company to expand development of its unique cybersecurity product offering, and increase...

2013-06-18 16:25:01

Growth Equity Investment to Accelerate Market Penetration CLEVELAND, June 18, 2013 /PRNewswire/ -- COMS Interactive, LLC (also known as "Clinical Outcomes Management Systems" or "COMS"), announced today that it has secured a minority investment of $21 million from Summit Partners, a global growth equity firm. The investment will be used for company expansion and adjacent market product offerings. In addition, a portion of the capital will be used for redemption of COMS common stock...

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...

2013-05-30 08:33:45

New round led by Summit Partners and includes existing investor Foundation Capital VANCOUVER, British Columbia, May 30, 2013 /PRNewswire/ -- Visier, the innovation leader in workforce analytics and planning solutions, today announced that it has raised $15 million in Series B financing. The round was led by growth equity investor Summit Partners and included existing investor Foundation Capital. Visier will use the capital to fuel investments in innovation and fund strategic growth...

2013-01-02 16:21:46

BIRMINGHAM, Mich., Jan. 2, 2013 /PRNewswire/ -- Quarton Partners is pleased to announce that Digital Leash L.L.C. d/b/a ProtectCELL has completed an equity recapitalization with Fortegra Financial Corporation ("Fortegra"), a portfolio company of Summit Partners. The co-founders and existing shareholders of ProtectCELL will retain a significant minority stake in ProtectCELL and will continue to manage the business under Fortegra's ownership. Quarton Partners acted as exclusive financial...

2012-11-12 08:28:26

LEHI, Utah, Nov. 12, 2012 /PRNewswire/ -- Solutionreach, Inc., the patient engagement leader, today announced that the founder and former CEO of RightNow Technologies, Greg Gianforte, has joined the Solutionreach Board of Directors. Gianforte started RightNow in 1997 and grew it into a publicly traded Software-as-a-Service (SaaS) success with more than 1,100 employees and $225 million in annual revenue. In 2011, the company was sold to Oracle for more than $1.8 billion. "Greg's...

2012-11-01 03:21:40

CAPE TOWN, South Africa, November 1, 2012 /PRNewswire/ -- Zando.co.za [http://www.zando.co.za/?utm_medium=referral&utm_source=pressreleases-blogs&utm_campaign=pressreleases-blogs ] , South Africa's largest fashion e-commerce retailer, announced today an investment of EUR20 million by Summit Partners. The growth equity [http://www.summitpartners.com/aboutUs/growth-equity-investment.aspx ] investor will take a stake in Zando.co.za...

2011-09-20 08:02:00

CHICAGO, Sept. 20, 2011 /PRNewswire/ -- Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry, announced today that it has completed a sale and recapitalization of CareCentrix, Inc. Headquartered in East Hartford, Connecticut, CareCentrix is the nation's leading provider of home health benefits management services to the managed care industry. Water Street sold its majority interest in CareCentrix to Summit Partners. The firm...