JMI Equity related stories
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Vena Solutions nabs $115 mln in JMI Equity-led growth roundVena Solutions, a Toronto-based provider of cloud financial planning and analysis software, has secured $115 million in its latest financing. The round was led by U.S. software growth equity firm JMI Equity. It was joined by Centana Growth Partners, which led the company's $30 million financing /canada/2016/07/cpm-software-platform-vena-solutions-raises-30-mln/ in 2016. Vena's other backers include Difference Capital Financial and Klass Capital. Founded in 2011 by CEO Don Mal, Chief Solutions Architect Rishi Grover and CTO George Papayiannis, Vena helps medium and large-sized companies manage their budgeting, forecasting and business planning. The funds raised will be used to accelerate Vena's growth and scale its operations.
JMI Equity invests in JvionJvion said Jan. 3 that it raised funding from JMI Equity, Health Enterprise Partners and Health Velocity Capital. Financial terms weren’t announced. Jvion, of Johns Creek, Georgia, provides AI healthcare software.
- Seismic nabs $100 mln Series E
San Diego-based Seismic, a provider of sales and marketing solutions, has raised $100 million in Series E funding. Lightspeed Venture Partners and funds and accounts advised by T. Rowe Price Associates led the round with participation from return backers General Atlantic, JMI Equity and Jackson Square Ventures. In addition to the funding, John W. Thompson, a venture partner at Lightspeed and chairman at Microsoft, will join Seismic's board of directors.
JMI Equity raises $1.2bnThe Baltimore based growth equity firm has hit its hard cap for its latest fund.
- CapitalG funds Applied Systems
Applied Systems, a provider of cloud-based software for the insurance industry, has secured an investment from CapitalG, Alphabet's growth equity investment fund. No financial terms were disclosed. As a result of the transaction, Hellman & Friedman will retain majority ownership of Applied Systems while CapitalG joins JMI Equity and Stone Point Capital as a minority investor.
Sales accelerator Statflo lands $12 mln in Series A fundingStatflo, a Toronto-based sales acceleration platform, has raised $12 million in a Series A financing, bringing total funding to $16.5 million. Elsewhere Partners led the round and was joined by existing investors /canada/2016/02/statflo-raises-2-4-mln-in-seed-funding-led-by-round13-capital/ Round13 Capital and Globalive Capital, and new investors Generation Ventures, Johannes Gnauck and Marco Schnabl. Elsewhere's Sam Kentor and Generation's Laura Lenz have joined the board as a result. Founded in 2012, Statflo's compliant one-to-one outreach tool allows wireless and technology retail stores, along with their indirect channels, to proactively drive more store traffic. It will use the funds raised to develop IP and pursue growth.
