Veteran Technology and Software Investor Amish Mehta Rejoins Vector Capital as Managing Director
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private investment firm specializing in transformational investments in established technology businesses, today announced Amish Mehta has rejoined the firm as a Managing Director and Investment Committee member. A highly experienced technology industry executive, Mr. Mehta will also serve on Vector Capital’s Investment Committee alongside Alex Slusky, Founder and Chief Investment Officer, and Rob Amen, a Managing Director.
A space company is headed to Mars this fall. No, it's not SpaceX.
During a solar storm, the sun unleashes a torrent of radiation into space.
If you're on Earth, the planet's atmosphere and magnetic field shield you against the most harmful health impacts. But if you were on Mars some 140 million miles away, how those gusts of energy would affect you and the rest of the Red Planet are less clear.
IntelePeer Secures $140 Million Strategic Growth Investment to Drive the Development of AI Agents for Improved Customer Experiences
Dania Beach, FL, July 25, 2024 – IntelePeer, a leading AI-powered Communications Automation provider, today announced the completion of $140 million in new growth funding and debt financing. This strategic growth investment was co-led by Savant Growth LLC and VantagePoint Capital Partners with support from Savant limited partners including Coller Capital, Hollyport Capital, Manulife Investment Management and Achmea. Vector Capital, through its newly formed direct credit strategy, Vector Velocity, led the debt financing. Stifel, Nicolaus & Company, Inc. served as financial advisor to IntelePeer. The new financing allows for the continued execution of IntelePeer’s vision to reinvent the contact center and reimagine the customer experience through AI and automation.
Malwarebytes Announces Acquisition of Leading Online Privacy Company Cyrus
Santa Clara, Calif. – August 24, 2023 – Malwarebytes, a global leader in real-time cyber protection, announced the acquisition of Cyrus, a disruptive innovator in online privacy solutions. This strategic acquisition reinforces Malwarebytes’ commitment to privacy by giving users more control over their information, no matter where or how they choose to browse and interact online. The Cyrus team and technology will also help Malwarebytes strengthen its mobile privacy solutions.
Vector Capital Completes Acquisition of Riverbed Technology
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global organizations. In connection with the close of the transaction, Dave Donatelli has been named Chief Executive Officer, effective immediately. Dan Smoot, who previously served as CEO, will continue to support the Company on a transitional basis.
Riverbed Follows New Course in Vector Deal Flow
The recent purchase of Riverbed Technology LLC reflects a burgeoning niche for middle-market technology turnaround investor Vector Capital Management LP: buying companies from lenders who converted debt to equity through reorganizations.
Vector Capital to Acquire Riverbed Technology
SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has agreed to acquire Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global corporations. Riverbed’s existing lenders will continue to support the Company by providing it with a new credit facility at closing. Terms of the transaction were not disclosed.
Mood Media Expands In-Store Solutions with Acquisition of Vibenomics, the Leading In-Store Ad Network Technology and Service Provider
AUSTIN, Texas, March 21, 2023 /PRNewswire/ -- Mood Media, the world's premiere on-premise experiential technology and media company, has acquired Vibenomics, the leading in-store digital advertising solution provider. Financial terms of the transaction were not disclosed.
Progress Completes Acquisition of MarkLogic
BURLINGTON, Mass., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced the completion of the acquisition of MarkLogic, a leader in complex data and semantic metadata management and a Vector Capital portfolio company. It is also another major milestone in Progress’ Total Growth Strategy.
Progress Announces Plans to Acquire MarkLogic
BURLINGTON, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced it has entered into a definitive agreement to acquire MarkLogic, a leader in managing complex data and metadata and a Vector Capital portfolio company. Upon closing of the planned transaction, MarkLogic is expected to enhance Progress’ commitment of delivering the best products to develop, deploy and manage high-impact applications by providing a unified enterprise-grade semantic data platform that empowers customers to derive value from complex data.