Fuze racks up $112 mln in Summit Partners-led round

By Iris Dorbian — 4 days ago

Summit Partners has led a $112 million funding round for Cambridge, Massachusetts-based Fuze, a unified communications platform provider. Other investors were Bessemer Venture Partners and Technology Crossover Ventures. In addition to this funding, Bruce Evans, a managing director at Summit, has been added to Fuze’s board of directors.

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Summit Partners acquires Perforce Software

By Iris Dorbian — 2 weeks ago

Summit Partners has acquired Perforce Software, a control and collaboration platform provider. No financial terms were disclosed. Shea & Company advised Perforce on the transaction. Also, Perforce has appointed Janet Dryer as CEO.

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Invoice Cloud buys HealthPay24

By Luisa Beltran — 3 weeks ago

Invoice Cloud, a portfolio company of Summit Partners, has acquired HealthPay24. Financial terms weren’t announced. Mechanicsburg, Pennsylvania-based HealthPay24 provides software for processing point-of-service and online payments for hospital and physician practice clients. Ziegler provided financial advice to HealthPay24.

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Summit Partners provides $95 mln to Healthline Media

By Iris Dorbian — 1 month ago

Summit Partners has invested $95 million in San Francisco-based Healthline Media, a consumer health info site. In addition to the investment, Dr. Craig Frances, MD, a managing director at Summit Partners, has been added to Healthline’s board of directors. Houlihan Lokey and Morgan Lewis advised Healthline on the transaction while Kirkland & Ellis LLP did likewise for Summit.

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DuPage Medical Group grabs $250 mln from Summit

By Iris Dorbian — 1 month ago

Summit Partners has invested $250 million in DuPage Medical Group, an independent multi-specialty physician group in the Chicago area. In addition to the investment, Darren Black, a managing director at Summit Partners, has been added to DMG Practice Management’s board of directors. Cain Brothers advised DuPage on the transaction.

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Summit invests $33.9 mln in Signavio

By Luisa Beltran — 2 months ago

Summit Partners has invested 31 million euros (US$33.9 million) in Signavio GmbH. With offices in Berlin, Singapore and Sunnyvale, California, Signavio provides SaaS-based business process and decision management technology. GP Bullhound and CMS advised Signavio while Hengeler Mueller and Kirkland & Ellis provided financial advice to Summit.

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Summit Partners leads $25 mln round for Reverb.com

By Iris Dorbian — 2 months ago

Reverb.com, an online marketplace for new and used musical instruments, has closed $25 million in Series B funding. Summit Partners led the round. In addition to the funding, Andrew Collins of Summit Partners has been added to Reverb’s board of directors.

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Gainsight inks $50 mln Series D

By Iris Dorbian — 3 months ago

Customer success company Gainsight has raised $50 million in Series D funding. Insight Venture Partners led the round. The company’s other investors include Battery Ventures, Bain Capital Ventures, Bessemer Venture Partners, Salesforce Ventures, Summit Partners and Lightspeed Venture Partners. In addition to the funding, Gainsight has hired Andy Knosp as vice president of professional services. Previously, Knosp was vice president of professional services at Hortonworks.

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Summit Partners invests in Mi9 Retail

By Iris Dorbian — 3 months ago

Summit Partners has made an undisclosed investment in Mi9 Retail. Based in Miami, Florida, Mi9 is a provider of merchandising, business intelligence and customer-centric store operations software for retailers. PRESS RELEASE Miami, FL – Mi9 Retail, the premier provider of merchandising, business intelligence and customer-centric store operations software for retailers, today announced it has received […]

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TSheets pulls in $15 mln from Summit Partners

By Iris Dorbian — 4 months ago

Idaho-based TSheets, a provider of tracking technology, has secured $15 million in Series A funding. The investor was Summit Partners. According to the company, the capital infusion will be used to scale more quickly to meet both domestic and international demand.

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Summit Partners adds new MD for London team

By Iris Dorbian — 5 months ago

Summit Partners has named Matthias Allgaier as a managing director at its London office. Allgaier will join Summit’s London-based team. Previously, Allgaier worked at H.I.G. Capital Europe where he served as a managing director.

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Intel Capital leads $20 mln funding of big data provider WebAction

By Alastair Goldfisher — 5 months ago

Palo Alto, Calif.-based WebAction, a provider of a data integration platform, has raised $20 million in Series B round of  funding led by Intel Capital. Joining the round are existing investors Summit Partners, Panorama Point Partners, as well as individuals Frank Caufield and Regis McKenna. As part of the funding, Igor Taber, investment director at Intel Capital, has joined the board. The company previously raised an $11 million Series A round led by Summit.

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