Hornetsecurity, an international cloud security and compliance SaaS provider, has secured a strategic growth investment from TA Associates (TA), a global growth private equity firm. TA will join existing investors PSG Equity (PSG), a growth equity firm partnering with software and technology-enabled services companies, and Verdane, a European specialist growth equity investor named one of the region’s most active software investors, as well as the company’s management team.   Hornetsecurity provides a range of products designed to protect more than two million users against the latest and most sophisticated cyber threats. The Company’s product portfolio includes email security, backup solutions,

Bitwarden, an open-source password manager for both individuals and businesses, has secured a $100 million minority growth investment led by PSG, a growth equity firm partnering with software and technology-enabled services companies. 

VTS, a commercial real estate technology platform, has secured $125 million in a Series E funding round led by existing VTS customer and investor CBRE Group, Inc, which is providing $100 million of capital and will join VTS’ Board of Directors.  Other investors include BentallGreenOak, AmTrust, Brookfield Ventures, and Insight Venture Partners, among others.   The latest funding round comes as VTS also recently secured $150 million in debt financing from Canadian-based CIBC Innovation Banking, totalling $275 million in new funding. The capital will ensure that VTS continues to accelerate its product innovations, continues to source strategic acquisitions, and attract

ChainCraft, a Dutch scale-up active in circular chemical production, has closed a €11 million funding round led by Convent Capital, and secured the upcoming equity funding for its full-scale flagship plant.  ChainCraft produces circular chemicals from food waste through innovative fermentation technology, replacing fossil and palm oil based chemicals.  Existing investors Shift Invest, Horizon 3 and PDENH also participated in the round with the funds set to be used to lay the groundwork for an industrial scale plant and to accelerate its growth plans for its existing Amsterdam demo plant.   Commercially, the Amsterdam based scale-up is gaining speed. Recently,

Private equity firm NorthEdge has completed its investment into Friend MTS, a leading global provider of video content security services. Founded in 2000, and headquartered in Birmingham with offices in Europe and the US, Friend MTS provides content owners, broadcasters and operators with advanced security and platform protection solutions, including network threat intelligence, forensic watermarking and global media discovery optimised with automated content recognition.   The investment was run out of NorthEdge’s Birmingham office, and funded from NorthEdge Fund III alongside co-investors. It was led by Jon Pickering, Andrew Skinner, Michael Joseph, Maninder Minhas, Mike Craven and Simone Masterson. Skinner

Inflexion has promoted Sergio Ferrarini to Head of Technology succeeding Irina Hemmers who is joining Thoma Bravo to head up the international software investor’s new London office.   Since joining Inflexion from Hg Capital in 2019, Ferrarini has been instrumental in developing Inflexion’s Technology sector strategy, capability and credentials. This has included leading roles in Inflexion’s investments in Infront, Curinos and WithWise.  Inflexion has also promoted Edd Lynch to Partner. Lynch joined Inflexion in 2015 and has been a core part of the Technology sector team for several years. He has played a leading role in a number of investments,

The Adista Group, a France-based alternative B2B cloud and telecoms operator backed by Keensight Capital, has acquired Cyberprotect, a universal cybersecurity operator and specialist in continuous monitoring and prevention services. Cyberprotect’s cybersecurity operations centre – the CyberproVerse SOC – as well as its other services will add to the Adista Group’s range of solutions, strengthening its positioning with a subsidiary dedicated to cybersecurity and specialised in SME and mid-cap clients. Cyberprotect’s solutions will be marketed directly by Adista and Waycom and indirectly by unyc. The acquisition of Cyberprotect is an integral part of Adista Group’s growth strategy. As companies accelerate

Oakley Capital’s (Oakley) Oakley Capital Fund V (Fund V) is investing in Facile.it (Facile), one of Italy’s largest online price comparison platform. Following the sale of Oakley Capital Fund III’s (Fund III) investment in Facile, Fund V will acquire a minority stake in the business alongside Silver Lake.

Investment manager Downing LLP is supporting growth at surgical augmented intelligence company Cydar Medical with a £1.3 million investment through its healthcare ventures team. The company, based in Barrington, Cambridgeshire, uses leading-edge computer vision and machine learning software to revolutionise every stage of image-guided minimally invasive surgery (MIS). The investment, through Downing Healthcare Ventures EIS fund into ordinary shares in the business, will support the growth of Cydar’s international customer base, as well as the ongoing development of Cydar EV Maps. A future release of the technology will provide predictive procedure planning, where the artificial intelligence capabilities of the product

Radiology technology start-up Hexarad has completed its Series A funding round with an additional raise of £2.2 million led by Foresight Group. This is in addition to £2.3 million Hexarad raised in 2021, bringing the full raise to £4.5 million.  Foresight Group also invested in 2021, while additional angel investors including healthcare leaders Sachin Agrawal based in the US and Henry Carleton based in the UK, also participated in this latest round. Hexarad is an early stage, high growth healthcare technology company, providing technology-driven solutions to boost radiology capacity and address the key causes of diagnostic delays. Headquartered in London,