Displaying items by tag: Insight Partners

Insight Partners owned Veeam expands investor base in a $2 billion secondary equity offering led by TPG with participation from Temasek, Neuberger Berman Capital Solutions, and others

COMPANY NEWS: – Veeam^® Software, the #1 global leader in Data Resilience by market share, announced an expansion of its shareholder base in a $2 billion secondary offering, valuing the company at $15 billion. This transaction was led by TPG (NASDAQ: TPG) with participation from Temasek, Neuberger Berman Capital Solutions, and other key investors, reinforcing Veeam’s position as a global leader in the rapidly growing data resilience market.

COMPANY NEWS:  Aqua Security, the pioneer in cloud native security, today announced it has secured $60M in funding, led by new investor Evolution Equity Partners, with participation from existing investors Insight Partners, Lightspeed Venture Partners and StepStone Group.

COMPANY NEWS: Keeper Security has announced that global growth equity firm Summit Partners has completed a significant minority investment in the company.

COMPANY NEWS: Mobility and urban services platform inDrive has raised US$150 million to fund marketing spending, including user acquisition and retention costs.

COMPANY NEWS:   Enable, the collaborative rebate management platform, today announced that it has raised an oversubscribed $US94 million Series C financing round.

End-user device management software company Devicie has raised $14 million in a series A round to fund expansion in the US, UK, and Europe and Middle East.

COMPANY NEWS: Abnormal Security, the leading AI-based cloud-native email security platform, announced today the close of a US$210 million ($305 million) Series C round of financing led by global software investor Insight Partners, with participation from Greylock Partners and Menlo Ventures. With this round, the 4-year-old company is now valued at US$4 billion ($5.8 billion).

Security firm Datto has been acquired by managed services provider Kaseya in an all-cash transaction funded by an equity consortium led by Insight Partners, with investment from TPG and Temasek, and other investors including Sixth Street.

Workplace safety solutions company SafetyCulture has completed a $99 million funding round led by global venture capital and private equity firm Insight Partners,

Global investment firm Insight Partners has invested US$172.5M for a minority stake in Octopus Deploy, which has been “continuously profitable since 2012.” This is the first venture funding that Octopus Deploy has accepted.

US-based DevOps for Salesforce provider Copado has raised US$26 million in a Series B round of funding led by Insight Partners, with participation from existing investor Salesforce Ventures and new partners Lead Edge Capital, Perpetual Investors and ISAI Cap Venture - the joint investment fund for Capgemini and ISAI.