VC-backed Udemy hires two VPs

San Francisco-based online education marketplace Udemy has appointed Robert Wong as vice president of product and Grégory Boutté as vice president of content. Previously, Wong worked at Sidecar where he served as vice president of product while Boutté most recently worked as vice president of eBay Motors & Electronics for eBay North America. Udemy’s backers include Stripes Group, Norwest Venture Partners, Insight Venture Partners, Lightbank, MHS Capital and Learn Capital.


BrightBytes racks up $33 mln Series C

San Francisco-based BrightBytes, a educational research and analysis provider, has raised $33 million in Series C funding. Insight Venture Partners led the round with participation from Bessemer Venture Partners, Rethink Education and Learn Capital. In conjunction with the funding, Nick Sinai of Insight Venture Partners has been added to BrightBytes’ board of directors.


Voccola named CEO of Kaseya

Kaseya said Wednesday that it has named Fred Voccola as CEO and that Yogesh Gupta has been elected the new Chairman of the Board. Voccola was most recently a Present and General Manager of Yodle’s Brand Networks Division. Insight Venture Partners invested in Kaseya, a provider of IT management software, in 2013.


Insight Venture Partners to buy Fourth

ECI Partners has agreed to sell a majority stake of Fourth to Insight Venture Partners. Financial terms weren’t announced. London-based Fourth provides cloud-based (SaaS) cost control solutions to the hospitality industry. Jefferies advised Fourth/ECI Partners.


Insight Venture Partners backs Conga

Colorado-based Conga, a provider of document generation and reporting applications for Salesforce customers, has secured $70 million in funding. The investor was Insight Venture Partners. In addition to the funding, Nikitas Koutoupes and Elodie Dupuy, vice president at Insight Venture Partners, have been added to Conga’s board of directors.


PicsArt inks $15 mln

San Francisco-based PicsArt, a photo editing and drawing app, has secured $15 million in funding. The investors were Insight Venture Partners and Sequoia Capital. According to the company, the capital will be used for global expansion and to develop new tools.


FireMon recruits Lewandowski as president and COO

FireMon, which is backed by Insight Venture Partners, has named James Lewandowski as president and chief operating officer. Recently, Lewandowski was CEO of FireHost. Headquartered in Overland Park, Kansas, FireMon is a security intelligence solutions provider.


Stripes Group leads Series D round for Udemy

San Francisco-based online education marketplace Udemy has secured $65 million in Series D funding. Stripes Group led the round with participation from Norwest Venture Partners and Insight Venture Partners. In conjunction with the funding, Ken Fox, a founder and managing partner of Stripes Group, has been added to Udemy’s board of directors.


Path sells to Daum Kakao

San Francisco-based Path Inc, which was rumored to be an acquisition target of Apple last fall, has been scooped up by the South Korean Internet corporation Daum Kakao. Path founder CEO Dave Morin, a former Apple employee, blogged about the sale late Thursday.


Francisco Partners completes HealthcareSource acquisition

Francisco Partners has closed its previously announced buy of Woburn, Massachusetts-based HealthcareSource, a talent management solutions provider for healthcare. No financial terms were disclosed. William Blair & Company advised HealthcareSource on the transaction. HealthcareSource was backed by Insight Venture Partners.


Insight Venture Partners-backed Planview names Chynoweth as EVP and CFO

Planview, a portfolio company of Insight Venture Partners, has hired Vic Chynoweth as executive vice president and chief financial officer. Previously Chynoweth worked at TPG-owned Vertafore Inc where he served as vice president of finance and accounting. Based in Austin, Texas, Planview is a provider of portfolio management and project collaboration solutions.

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