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  • DCRB approves $40m commitment
    FeaturedJesse Koppi- 2 October 2019

    The US public pension has backed Updata Partners' sixth growth equity fund.

  • CIBC supports search intelligence firm Adthena
    Iris Dorbian- 25 September 2019

    CIBC Innovation Banking has provided US$5 million to Adthena, a search intelligence provider. The capital will be used for international expansion and technology investments. CIBC has offices in Atlanta, Austin, Chicago, Denver, Menlo Park, Montreal, Reston, Toronto and Vancouver.

  • Updata leads Series C round for Built In
    Iris Dorbian- 1 August 2019

    Built In Inc, a tech hub, has secured $22 million in Series C financing. Updata Partners led the round with participation from other investors that included MATH Venture Partners. First Analysis was financial adviser to Built In on the transaction.

  • Built In snags $22 mln Series C
    Iris Dorbian- 16 July 2019

    Built In, a platform connecting professionals with technology companies across the U.S., has raised $22 million in Series C funding. Updata Partners led the round with participation from other investors including MATH Venture Partners.

  • Adthena picks up $14 mln Series A
    Iris Dorbian- 13 March 2019

    London and Austin-based Adthena, a provider of AI-powered search marketing intelligence, has secured $14 million in Series A funding. The investor was Updata Partners.

  • Piano fetches $22 mln in Updata Partners-led round
    Iris Dorbian- 10 January 2019

    Piano, a content monetization and audience intelligence technology company, has raised $22 million in Series B funding. Updata Partners led the round.

  • CIBC Innovation Banking invests in Ruby Receptionists
    Kirk Falconer- 9 January 2019

    CIBC Innovation Banking has provided undisclosed debt financing to Ruby Receptionists, a Portland, Oregon-based virtual receptionist platform. The deal's proceeds will support the company's acquisition of ProfessionalChats, a U.S. managed online chat service, and other growth initiatives. Founded in 2003, Ruby Receptionists' technology enables personalized live virtual receptionist services for more than 8,000 small businesses in North America. It is backed by Updata Partners and StepStone Group. Last year, PE Hub Canada interviewed /canada/2018/09/cibcs-tech-lending-arm-ramps-up-cross-border-strategy-with-new-hires-deals/ Mark McQueen, the CIBC group’s president and executive managing director.

  • Updata Partners targets $300 mln for sixth fund
    Iris Dorbian- 15 October 2018

    Updata Partners is seeking to raise $300 million for its sixth fund, according to an SEC filing https://www.sec.gov/Archives/edgar/data/1755657/000175565718000002/xslFormDX01/primary_doc.xml Based in Washington, D.C. Updata is a growth equity firm.