Updata Partners related stories
All articles and analysis
- Parkinson joins Interactions as COO
Interactions Corporation, provider of natural, conversational automated systems for customer care, has appointed David Parkinson has chief operating officer. Parkinson, who brings more than 25 years of executive experience, will be responsible for end-to-end client relationships, which includes professional services, sales, and client relations. Interactions Corporation is backed by Sigma Partners, North Hill Ventures, Cross Atlantic Capital Partners and Updata Partners.
- Level Equity Bags $130M Fund
Level Growth Equity Partners I, the fund from New York-based investor Level Equity, has raised $130 million from investors including corporations, endowments, funds of funds and entrepreneurs. Level Equity also announced Glen Shields as the fund’s Controller, and the addition of Christopher Isaac and Joseph McGroarty to the firm’s investment team.
- Interactions Corp. Calls Up $12M
Sigma Partners has led a $12 million round for Interactions Corp., a maker of automated voice and other interactive systems. North Hill Ventures, Cross Atlantic Capital Partners, and Updata Partners also contributed to the round, which is aimed at expanding the company’s technology and customer base. Interactions is based in Boston.
- Updata Leads $18M For Pet360
Updata Partners led an $18 million growth equity investment in Pet360 Inc., an online pet information and commerce company. Existing shareholder LLR Partners also contributed to the round. The company, based in Plymouth Meeting, Penn., is the parent company of pet food and supplies site PetFoodDirect.com, as well as other web sites focused on pets. Updata Partners has offices in Virginia and New Jersey.
- Alert Logic Seals $12.6M Series E
Alert Logic, a provider of on-demand security-as-a-service technology, has closed on $12.6 million in Series E financing. Existing investors Updata Partners, Covera Ventures, DFJ Mercury and Access Venture Partners all contributed to the round, along with several members of the company’s management team. The company will use the fresh capital to expand its sales efforts, and broaden its products and services. Alert Logic is based in Houston and was formed in 2002.
- Signal Hill Merges with Updata Advisors
Signal Hill Capital Group has merged with Updata Advisors, to form an investment bank focused on small and mid-cap growth companies. The combined firm will be called Signal Hill, with a headquarters in Baltimore.
- Week in deals, Aug. 2, 2010
Summary of tech companies and other startups in North America that raised venture financing in the past week