Updata Partners related stories
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DCRB approves $40m commitmentThe US public pension has backed Updata Partners' sixth growth equity fund.

- CIBC supports search intelligence firm Adthena
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
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
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
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
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 ReceptionistsCIBC 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
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.