02.08.2022 | Portfolio Companies in the News

Planful Achieves Record-breaking Growth in 2021, Driven by Market Demand and Transformation Strategy

Planful Inc., the pioneer of end-to-end financial close, consolidation, and financial planning & analysis (FP&A) cloud software, today announced a breakthrough fiscal year, with new customer acquisitions up 95% year-over-year.

02.08.2022 | Portfolio Companies in the News

CM Group and Cheetah Digital Finalize Merger, Leverage the Power of Zero-Party Data to Drive Lifetime Value for Customers

NASHVILLE, Tenn., Feb. 08, 2022 (GLOBE NEWSWIRE) -- CM Group, a family of martech solutions specializing in multichannel digital marketing, today announced that the merger with Cheetah Digital has been finalized. The combined company, operating under the CM Group name, provides highly personalized marketing solutions across a wide range of industries worldwide. CM Group’s merger with Cheetah Digital underscores its commitment to delivering industry leading customer engagement solutions that allow marketers to build relevant, meaningful consumer interactions at every point in the customer journey while maintaining the highest levels of data privacy.

02.01.2022 | Vector Capital News

SPAC Chat: Vector Capital

12.14.2021 | Portfolio Companies in the News

Planful Named a "Hot Company to Watch" in 2022 by Nucleus Research

REDWOOD CITY, Calif., Dec. 14, 2021 /PRNewswire/ -- Planful Inc., the pioneer of end-to-end financial close, consolidation, and financial planning & analysis (FP&A) cloud software, announced today that it has been named in the "2022 Nucleus Research Hot Companies to Watch" list. In the report, Nucleus Research notes that Planful's platform is a solution for organizations navigating COVID-19's market disruptions, with Planful's agile forecasting capabilities highlighted as a necessity for businesses to remain competitive in today's economy.

11.23.2021 | Portfolio Companies in the News

MarkLogic Acquires Leading Metadata Management Provider Smartlogic

SAN CARLOS, Calif.--(BUSINESS WIRE)--MarkLogic Corporation, a leader in complex data integration and portfolio company of Vector Capital, today announced it has acquired Smartlogic, a premier metadata management solutions provider and leader in semantic AI technology. As part of the transaction, Smartlogic’s founder and Chief Executive Officer, Jeremy Bentley, as well as other members of the senior management team, will join the MarkLogic executive team. Financial terms of the transaction were not disclosed.

10.21.2021 | Portfolio Companies in the News

CM Group and Cheetah Digital Merge to Define Next Era of Customer-Centric Marketing

NASHVILLE, Tenn., Oct. 21, 2021 (GLOBE NEWSWIRE) -- CM Group, a portfolio of martech companies focused on multichannel digital marketing, today announced its merger with Cheetah Digital under the CM Group name. The merger expands and enhances both CM Group’s and Cheetah Digital’s ability to deliver innovative email, omnichannel, personalization, and loyalty solutions. The combined company will own a broad array of technologies referenced in the 2021 Gartner Magic Quadrant for Multichannel Marketing Hubs, which orchestrate marketer communications with client segments across multiple channels.

10.06.2021 | Vector Capital News

Vector Capital Makes Co-Investment in McGraw Hill Education

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, announced today it has made a co-investment in McGraw Hill Education (“McGraw Hill” or the “Company”), a global leader in educational content and digital platforms, in partnership with Platinum Equity. Platinum Equity originally acquired McGraw Hill in July of 2021.

09.21.2021 | Portfolio Companies in the News

Mood Media Acquires PlayNetwork

SAN FRANCISCO--(BUSINESS WIRE)--Mood Media (the “Company”), the world's leading in-store media solutions company driving elevated Customer Experiences, today announced it has acquired PlayNetwork, a global music technology partner and audiovisual systems provider supporting customer experience for brands worldwide from Octave Group. Financial terms of the transaction were not disclosed.

08.25.2021 | Vector Capital News

Rocket Lab Completes Merger with Vector Acquisition Corporation to Become Publicly Traded End-to-End Space Company

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or the “Company”), a global leader in launch services and space systems, today announced that it completed its previously announced merger with Vector Acquisition Corporation (Nasdaq: VACQ) (“Vector”) to take Rocket Lab public. Vector’s shareholders approved the merger at an annual general meeting of Vector’s shareholders on August 20, 2021. The combined company will retain the Rocket Lab USA, Inc. name and will commence trading on the Nasdaq Capital Market on August 25, 2021, with its common stock and warrants trading under the new ticker symbols, “RKLB” and “RKLBW”, respectively.

08.20.2021 | Vector Capital News

Vector Acquisition Corporation Shareholders Approve Proposed Merger With Rocket Lab

LONG BEACH, Calif.--(BUSINESS WIRE)--Vector Acquisition Corporation (Nasdaq: VACQ) (“Vector”), a publicly traded special purpose acquisition company backed by leading technology investor Vector Capital, today announced that Vector’s shareholders voted to approve its proposed merger with Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”), a global leader in launch and space systems, at its annual general meeting of shareholders held on August 20, 2021. Vector also announced that holders of less than 3% of its Class A ordinary shares have properly exercised their right to redeem their shares in connection with the proposed merger. As a result, the gross amount of cash that that the combined company will receive from Vector’s trust account and concurrent PIPE financing upon the closing of these transactions, before transaction expenses, will equal approximately $777 million.