Vector Capital Announces Successful Restructuring of Funds II and III and Affiliated Vehicles for Approximately $450 Million
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has successfully completed a restructuring of Vector Capital II, L.P., a 1999 vintage fund, Vector Capital III, L.P., a 2005 vintage fund, and affiliated vehicles held by existing LPs (collectively, the “Funds”), for approximately $450 million. Goldman Sachs Asset Management’s Vintage Funds and GIC led the transaction, and collectively, are now the largest LPs in the Funds.
CloudSense Raises $77 Million from Vector Capital
CloudSense, a leading Salesforce-native, industry-specific cloud company, today announced a $77 million growth investment from Vector Capital. The funding will be used to accelerate CloudSense’s rapid global expansion, especially in the North American markets, and to accelerate product innovation and development of enterprise focused vertical solutions.
Sizmek Completes Acquisition of Rocket Fuel; Creates World’s Largest Independent Buy-Side Platform Built for Agencies and Brands
Sizmek Inc., the largest people-based creative optimization and data activation platform delivering impressions that inspire, today announced the completion of the acquisition of Rocket Fuel Inc., an industry leading predictive marketing platform. The acquisition creates the largest independent buy-side platform, offering agencies and brands a richer set of products at a global scale.
Sizmek to Acquire Rocket Fuel, Creating Industry’s First Predictive Omni-Channel Marketing Platform Serving Agencies and Brands
Sizmek Inc., the largest people-based creative optimization and data activation platform delivering impressions that inspire, today announced it has entered into a definitive acquisition agreement with Rocket Fuel Inc., an industry leading predictive marketing platform that uses AI to anticipate optimal consumer response to messaging.
Cheetah Digital Emerges to Usher in New Era of Cross-Channel Marketing
Cheetah Digital, a global enterprise cross-channel marketing solutions provider, today launched as an independent marketing technology company. Formerly Experian Cross-Channel Marketing (CCM), the newly established Cheetah Digital is committed to driving exceptional results for enterprise marketers at scale through an unrelenting focus on product innovation and expert services.
Vector Capital Announces Agreement to Sell 20-20 Technologies
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has entered into a definitive agreement to sell 20-20 Technologies (“2020” or the “Company”), a leading provider of interior space planning software solutions, to Golden Gate Capital.
Vector Capital Announces Agreement to Acquire Experian’s Cross-Channel Marketing Business
Experian and Vector Capital today announced that Vector Capital and ExactTarget Co-Founder Peter McCormick will be acquiring a majority stake in Experian’s Cross-Channel Marketing business. The transaction includes Experian’s suite of cross-channel and email products, including the Experian Marketing Suite, CheetahMail, and Mail Publisher, as well as its full portfolio of professional and strategic services.
Vector Capital seeks complex tech deals. ‘We’ll leave safe, secured debt to banks.’
In Silicon Valley, Vector Capital is an anomaly: Instead of chasing the next Uber or Snapchat, the private-equity firm is looking at troubled spots for hidden value.
Vector Capital Raises $1.4 Billion for Fund V
Vector Capital, a leading investment firm specializing in transformational investments in established technology businesses, today announced that it has successfully closed its fifth private equity fund, Vector Capital V, L.P. (the “Fund”), at $1.4 billion, exceeding the Fund’s $1.2 billion target.
Vector Capital raises $1.4 billion private equity fund
Vector Capital said on Wednesday it raised a $1.4 billion private equity fund, giving the U.S. buyout firm more firepower to pursue acquisitions in the technology sector as it faces increasing competition from rival investment firms.