JMI Equity related stories
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JMI Equity names new CFO and COOThe growth equity firm has promoted Charles Dieveney to the newly created role of COO and has named Randy Guttman as CFO.
- Mindshare Technologies buys Mississauga-based Empathica
Salt Lake City-based Mindshare Technologies has acquired Empathica. No financial terms were disclosed. Sorenson Capital and Peterson Partners financed part of the transaction, while Cascadia Capital advised Empathica. Headquartered in Mississauga, Ontario, Empathica, which was backed by U.S. growth equity investor JMI Equity, is a provider of customer experience management solutions. Update: JMI led a US$7 million Series A financing of the company in 2006.
- JMI Equity Sells Halogen Software Shares
A number of shareholders of Ottawa, Ontario-based Halogen Software Inc. (TSX: HGN), a provider of cloud-based talent management products, have agreed to sell shares on a bought deal basis for gross proceeds of around $21 million. Included in this secondary equity offering is U.S. venture capital firm JMI Equity, which has backed the company since 2008. Halogen completed its initial public offering on the Toronto Stock Exchange in May 2013.
- Axeda Raises $12 Mln, Names DeSisto President, CEO
Axeda Corp. said Tuesday it closed $12 million in growth funding led by JMI Equity. Other investors include Wipro and Mitsui & Co. Axeda also said that it appointed Todd DeSisto as its president and CEO. Foxboro, Mass.-based Axeda provides cloud-based service and software for managing connected products and machines.
- Axeda Corp. Scores $12 Mln, Also Names New President/CEO
Axeda Corp. said Tuesday that it has raised $12 million in funding. The lead investor was JMI Equity. Wipro Ltd. and Mitsui & Co. also participated in the round. And, Axeda has named Todd DeSisto as president and CEO. Based in Foxboro, Mass. and Rochester, NY, Axeda Corp. is a provider of cloud-based solutions and software.
- JMI Equity Announces Six Promotions
JMI Equity said Thursday that it has made six promotions. Matt Emery and David Greenberg have become principals while Krishna Potarazu assumes the role of vice president. Also, Charles Dieveney has been named COO, Randy Guttman is now CFO and Melissa Caslin has been appointed vice president of talent. All promotions were effective July 1, 2013. Based in both Baltimore and San Diego, JMI Equity is a growth equity firm focused on investing in software, internet, business services and healthcare IT companies.
Car-Safety Technology Company DriveCam Picks Banks for IPO: SourcesDriveCam, which develops technology aimed at curbing driver errors, has tapped Morgan Stanley, Barclays and Credit Suisse to lead an IPO for later next year, Reuters reports.
- Halogen's IPO Over-Allotment Raises Proceeds to $63.5M
Ottawa, Ontario-based Halogen Software Inc. (TSX: HGN) a provider of cloud-based talent management products, announced the exercise of an over-allotment option pertaining to the company's initial public offering on the Toronto Stock Exchange, which was completed in May. Including the exercise of the over-allotment option, gross proceeds of the offering to Halogen and U.S.-based venture capital backer JMI Equity now total approximately $63.5 million.
- Halogen Raises $50M in IPO, JMI Equity Sells Shares
Ottawa, Ontario's Halogen Software Inc., a provider of cloud-based talent management solutions, has completed its previously-announced initial public offering on the Toronto Stock Exchange, raising just over $50 million under the symbol "HGN". At the same time, the company's U.S. venture capital investor JMI Equity sold shares in a secondary transaction, raising gross proceeds of approximately $5 million. Halogen has been venture-backed since 1999.
- Halogen Software Poised for $50 Million IPO
Ottawa, Ontario-based Halogen Software Inc. has filed the company's final prospectus in connection with its initial public offering. At an offering price of $11.50 per share, Halogen will debut on the Toronto Stock Exchange under the symbol HGN and will realize gross proceeds of approximately $50 Million. Halogen, a provider of talent management and human resources software, has been venture-backed since 1999. Its investors included Covington Funds and JMI Equity.