Updata Partners related stories
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Customer management software firm Glassbox raises $25 million: ReutersGlassbox, an Israeli provider of customer management technology, said on Thursday it raised $25 million in a round of financing led by Updata Partners, a software-focused growth equity firm based in Washington, Reuters reported.
- Scaling strategies drive $562 mln raised by Canada’s top VC deals in Q2
Canada’s venture capital market showed no signs of slowing in Q2. The market’s top 10 second-quarter VC financings raised $562 million from investors. That’s on par with the $561 million drawn by the top 10 deals a year earlier. The estimate is based on PE Hub Canada’s list of the largest rounds announced from April through June, supplemented by Thomson Reuters data. It suggests that VC investment activity this year is continuing to keep pace with the robust trend lines of 2016-2017. In fact, preliminary data point to growth in dollars flowing to technology sectors in the first half of 2018.
Content experience platform Uberflip wins $41 mln in Series AUberflip, a Toronto-based cloud content experience platform, has secured about $41 million (US$32 million) in a Series A financing. The round was led by U.S. growth equity firm Updata Partners, whose General Partner Jon Seeber and Senior Associate Arun Singh will join the board. Uberflip provides tools to aggregate marketing content, allowing B2B marketing and sales teams to create more personalized content experiences. Founded in 2012 by CEO Yoav Schwartz and CMO and President Randy Frisch, it has so far added more than 1,000 B2B companies to its customer base. Uberflip will use the funds raised to support on-going product development.
- Homesnap attracts $14 mln Series B
Homesnap, a provider of a mobile productivity app and marketing platform for real estate brokers, agents and clients, has raised $14 million in Series B funding. Updata Partners led the round with participation from other investors that included Moderne Ventures.
- LendKey reels in $13 mln Series C
New York and Cincinnati-based LendKey, a lending-as-a-service solution for banks and credit unions, has secured $13 million in Series C funding. North Atlantic Capital led the round with participation from other investors that included DFJ, Updata Partners, Gotham Ventures and TTV Capital.
- MP Objects gets $10 mln investment from Updata Partners
Updata Partners made a $10 million growth equity investment in MP Objects BV, provider of cloud-based customer chain control software. This is the Rotterdam-based company's first round of outside fundraising.