PE Tech Report

Technology & Software

Fitness tech company Myzone hits USD102m valuation after BGF investment

Myzone, a global manufacturer of wearable fitness tracking technology, has secured a USD17.2 million investment from BGF, the UK’s most active growth capital investor, alongside tech entrepreneur Vin Murria OBE, who also joins as Non-Executive Chair. Created in 2011 by fitness industry expert Dave Wright, Myzone has experienced impressive growth

Vista Equity Partners leads USD350m funding round for Assent Compliance

Assent Compliance Inc. (Assent), a leader in supply chain sustainability management, announced today that it has raised USD350 million in a funding round led by Vista Equity Partners (Vista), a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. This is one of the largest raises in

BV Investment Partners invests in Marlabs

BV Investment Partners (BV), a private equity firm focused on the tech-enabled business services, software and IT services sectors, has made a significant, growth-oriented investment in Marlabs Inc, a global digital solutions company. Founded in 1996 by CEO Siby Vadakekkara and Srinivasan Balram, Marlabs is an end-to-end IT services provider

Vista Equity Partners invests in BlueConic

Vista Equity Partners (Vista), a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has made a strategic investment in BlueConic, a pure-play customer data platform. BlueConic’s existing investors, including Spring Lake Equity Partners, Sigma Prime Ventures, and Converge Venture Partners, will continue as minority investors in

Primus Capital makes strategic investment in CORL

CORL Technologies, a provider of vendor risk management solutions for the healthcare industry, has secured a strategic growth investment from Primus Capital, a growth-oriented private equity firm focused on investing in healthcare, software, and technology-enabled services companies. The partnership will allow CORL to accelerate its growth trajectory and continue its

Meditology secures strategic growth investment from Primus Capital

Meditology Services, a provider of information risk management, cybersecurity, privacy, and regulatory compliance services for the healthcare industry, has secured a strategic growth investment from Primus Capital, a growth-oriented private equity firm focused on investing in healthcare, software, and technology-enabled services companies. Founded in 2010, Meditology provides a broad array

General Atlantic leads EUR245m PayFit Series E funding round

PayFit, a payroll and HR management solution for SMEs, has raised EUR254 million in a Series E funding round led by growth equity firm General Atlantic. Existing investors Eurazeo, Bpifrance and Accel Ventures also participated.  PayFit plans to use the funds to recruit additional top talent, accelerate the development of

CryptoSlam raises USD9m in strategy seed funding round led by Animoca Brands

CryptoSlam, a provider of data and transparency for the NFT industry, has closed an oversubscribed USD9 million seed capital round. The round was led by Animoca Brands, the company driving digital property rights via NFTs and gaming to build the open metaverse, with participation from CryptoSlam pre-seed investors Mark Cuban

Clearlake makes new strategic investment in symplr

Symplr, a specialist in enterprise healthcare operations including governance, risk management, and compliance (GRC) software-as-a-service (SaaS) solutions, backed by Clearlake Capital Group, and Charlesbank Capital Partners has raised new capital via a Clearlake-managed dedicated fund, Icon Partners V (Icon V). In addition to broadening symplr’s investor base, the transaction provides

ProcessMAP partners with Hg

Software investor Hg is to make a significant investment in ProcessMAP Corporation (ProcessMAP), an Environmental, Health and Safety (EHS) software platform provider. Following the transaction, ProcessMAP’s management team will retain a significant stake in the business.  The terms of the transaction have not been disclosed.

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