JMI Equity related stories
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Benevity snags Series A funds from JMICalgary-based Benevity, a provider of workplace giving and volunteer management software solutions, has closed C$38 million in Series A funding. The investor was JMI Equity. In addition to the funding, Bob Nye, a general partner at JMI, has been added to Benevity's board of directors.
- Adaptive Insights raises $75 mln in late-stage round
Palo Alto, Calif.-base Adaptive Insights announced it has raised $75 million in a Series G round of funding from new investor JMI Equity, along with existing investors Norwest Venture Partners, ONSET Ventures, Bessemer Venture Partners, Cardinal Venture Capital, Monitor Ventures and Information Venture Partners. The company has now raised more than $176 million in total funding, including a $45 million round two years ago.
- Bessemer promotes Shen to VP
Bessemer Venture Partners, which invests from a $1.6 billion fund it raised in February, has promoted Kristina Shen from investment professional to vice president.
- ABRY buys Compusearch Software
Arlington Capital Partners and JMI Equity have sold their stakes in Compusearch Software Systems Inc. to ABRY Partners. Financial terms weren’t announced. SunTrust provided senior financing. Dulles, Virginia-based Compusearch provides acquisition and program management software to Federal agencies, DoD program offices, and government contractors.
- JMI Equity and MK Capital back Intradiem
Intradiem Inc, a provider of intraday automation solutions for frontline workforces, has secured an undisclosed amount of funding. The investors were JMI Equity and MK Capital.
Thoma Bravo raises $1 bln for special opportunitiesThoma Bravo amassed more dry powder for larger deals by quickly wrapping Thoma Bravo Special Opportunities Fund II at its cap of $1.07 billion. LPs piled into the latest pool from a firm that’s been aggressive on technology buyouts despite lofty deal prices.
Distributions spike from Union Square, NEA funds last year--VCJMid-decade venture funds see steady gains in Washington State portfolio.
- JMI Equity invests in Rsam
$32 million will go to expand the governance company
- JMI Equity invests $32 mln in Rsam
Rsam said Tuesday it completed a $32 million strategic growth investment from JMI Equity. Secaucus, New Jersey-based Rsam provides Governance, Risk, and Compliance solutions. Signal Hill acted as financial advisor to Rsam.
- JMI Equity and TPG Growth sell PowerPlan to Thoma Bravo
Thoma Bravo has bought Atlanta-based PowerPlan, a provider of of accounting, tax and capital budgeting optimization solutions for capital asset-intensive businesses. The sellers were JMI Equity and TPG Growth. No financial terms were disclosed. William Blair provided financial advice to PowerPlan on the transaction.