Wellington Financial raises $300 mln for fifth fund

By Iris Dorbian — 3 months ago

Wellington Financial LP has closed its fifth tech-focused fund at a hard cap of $300 million. The limited partners of Wellington Financial Fund V include Canadian institutional investors and family offices. PRESS RELEASE SILICON VALLEY, CA, SANTA MONICA, CA and TORONTO, Nov. 2, 2015 /PRNewswire/ – Wellington Financial LP, a privately held specialty finance firm […]

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Wellington Financial launches fifth fund with $300 mln target

By Kirk Falconer — 4 months ago

Canadian specialty finance firm Wellington Financial has officially launched its fifth fund, Wellington Financial Fund V, with a hard-cap target of $300 million of re-circulating equity commitments. Fund V, which had its first close this week, is targeted to bring in 50 percent more than Fund IV, closed at $200 million in 2013. Toronto-based Wellington, which had its 15th anniversary […]

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VC-backed Mindjet picks up $10 mln

By Iris Dorbian — 1 year ago

Mindjet Corp. has closed $10 million in debt financing from Wellington Financial. Based in San Francisco, Mindjet is a provider of mind mapping software. It is backed by Investor Growth Capital, Industry Ventures and PICO Holdings.

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Wellington Financial backs Agiliance

By Iris Dorbian — 2 years ago

Agiliance has received $5 million in financing from Wellington Financial. Headquartered in Sunnyvale, Calif., Agiliance is a provider of integrated solutions for operational and security risk programs. Its backers include Intel Capital, Walden International, Red Rock Ventures and Castile Ventures.

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FolioDynamix Acquires Access Partners

By Angela Sormani — 3 years ago

FolioDynamix, a provider of web-based wealth management technology has closed on the acquisition of Access Partners, a premier registered investment advisor (RIA) firm specializing in trust investment management and operations, in an all-cash transaction. Wellington Financial provided $4 million in venture debt financing to FolioDynamix early last year.

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Wellington Financial Reaches Fund IV First Close

By Angela Sormani — 3 years ago

Wellington Financial has reached a first close on Wellington Financial Fund IV raising $177.5 million. The firm also announced plans to open a second US office in Palo Alto later this year. PRESS RELEASE Wellington Financial LP, a privately-held specialty finance firm providing growth capital to U.S. and Canadian-based companies, announced today the first closing […]

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Wellington Backs Digital Marketing Solutions

By Angela Sormani — 3 years ago

Wellington Financial has closed US$6.6 million venture debt financing for a California-based provider of digital marketing solutions. The company’s existing investor base includes several venture capital firms based in California. Cooley LLP provided legal advice. PRESS RELEASE Wellington Financial LP, a privately-held specialty finance firm, today announced that it recently closed a US$6.6 million venture […]

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Ericsson Acquires BelAir Networks

By Angela Sormani — 4 years ago

Ericsson has acquired BelAir Networks, a North American carrier-grade Wi-Fi company. Investors in BelAir Networks include Export Development Canada, Wellington Financial, BDC Venture Capital, Comcast Interactive Capital, McLean Watson, MMV Financial, Panorama Capital, T-Mobile Venture Fund, Trilogy Equity Partners, VenGrowth Capital Partners and Ventures West Management. PRESS RELEASE Ericsson (NASDAQ:ERIC) today announces the completion of […]

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Ember Renews Venture Debt Financing

By Angela Sormani — 4 years ago

Boston-based Ember, a provider of low-power wireless mesh networking technology has renewed its 2009 US$5 million venture debt financing. Wellington Financial arranged the financing for the original transaction which provided the company with additional working capital to accommodate its growth strategy. Venture capital backers include Polaris Ventures, GrandBanks Capital, RRE Ventures, Vulcan Capital, DFJ ePlanet […]

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Wellington Financial Backs Harmony

By Angela Sormani — 4 years ago

Specialty finance firm Wellington Financial has announced a US$4 million venture debt financing for Reston, VA-based Harmony Information Systems. Harmony provides off-the-shelf solutions for managing the delivery of home- and community-based, long-term care. PRESS RELEASE Wellington Financial LP, a privately-held specialty finance firm, today announced a US$4 million venture debt financing for Reston, VA-based Harmony […]

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Harmony Information Receives $4 mln in Venture Debt Financing

By Luisa Beltran — 4 years ago

Wellington Financial said Wednesday that it provided $4 million in venture debt financing to Harmony Information Systems. Reston, Va.-based Harmony is health and human services management provider. PRESS RELEASE Wellington Financial LP, a privately-held specialty finance firm, today announced a US$4 million venture debt financing for Reston, VA-based Harmony Information Systems, Inc., the leader in […]

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Invision Seals $8.5M In Debt Financing

5 years ago

Advertising technology company Invision Inc. has raised $6 million in venture debt financing from Wellington Financial LP. Silicon Valley Bank also provided a $2.5 million line of credit for the company. Invision develops advertising planning and sales management platforms for the media industry.

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Ember Raises Venture Debt

By PEHub Administrator — 6 years ago

Ember Corp., a Boston-based provider of wireless “smart meter” technologies, has raised $5 million in venture debt funding from Wellington Financial. It previously raised around $89 million in VC funding from Chevron Technology Ventures, Stata Venture Partners, Polaris Venture Partners, GrandBanks Capital, RRE Ventures, Vulcan Capital, DFJ ePlanet Ventures, New Atlantic Ventures and WestLB Mellon Asset Management.

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