Solutions
Palo Alto-based Social Capital, a tech holding company founded by Chamath Palihapitiya that supports innovative companies in healthcare, artificial intelligence, climate change and space has acquired Hustle, a peer-to-peer text messaging platform.
Chief executive officer Steven Pease and the Hustle management team will continue in their roles following the deal.
Founded in 2014, Hustle offers peer-to-peer text communication tools that create human connections between organisations and their contacts. Hustle’s TCPA compliant platform enables two-way conversations that develop connections over text messaging, eliminating barriers and igniting support for advocacy groups, fundraising, admissions and recruiting.
Organisations using Hustle already include the American
Cyware, a provider of cyber fusion solutions, has raised a USD10 million Series A round to enhance its threat intelligence automation, threat response, and security orchestration solutions. This round was led by the Prelude Fund (the venture practice at Mercato Partners), and Tanium, a provider of unified endpoint management and security. Cyware’s seed investors, Emerald Development Managers and Great Road Holdings, also participated in the round.
“This latest financing round is an important milestone in Cyware’s journey. It strengthens our ability to continue our growth and become a more innovative, customer-centric company,” says Anuj Goel, CEO and co-founder of Cyware. “As
Along with the Covid-19 pandemic’s tumult, alternative investment fund managers have had to face a number of tax changes that are anticipated to have a tremendous impact on their business.
Keeper Security, the provider of a cybersecurity platform for preventing password-related data breaches and cyberthreats, has closed a USD60 million minority investment by global venture capital and private equity firm Insight Partners. This is Keeper Security’s first equity raise since its inception.
The synergy of the Keeper Security-Insight partnership will further accelerate product innovation and development and catalyse expansion of the company’s global customer base of consumers and businesses. Following the investment, Thomas Krane, Principal at Insight Partners, will join Keeper’s Board of Directors. No other terms of this private transaction are being disclosed.
“The past four months have resulted in
A list of 80 City investment management firms have agreed to back an initiative to increase black representation within key functions in portfolio management and finance.
The new initiative, called #100blackinterns, aims to bring together long only and hedge funds, private equity, credit and real estate managers, together with consultants and pension funds within the investment management industry, to give portfolio management function internships to young, university-educated black people.
The firms taking part in the program have committed to offer a paid internship to a black candidate next summer in a frontline investment position, and applications are welcome from black
Thomson Reuters has acquired CaseLines, a cloud-based court document and evidence management platform, in order to digitally transform legal processes.
Michael Johnson (pictured) is responsible for continuing to grow and evolve Crestbridge’s overall funds proposition. Here he discusses how Covid has created barriers to private equity fundraising, what challenges GPs are facing going forward beyond Covid and how managers can best position themselves to address these.
Lisya Bahar Manoah (pictured) recently joined Catalyst Investments as a partner, based in Tel Aviv in Israel. The firm was founded in 1999 by Edouard Cukierman, Yair Shamir and Boaz Harel.
Ogier acted as BVI counsel on the NASDAQ IPO of Special Purpose Acquisition Company (SPAC) Kismet Acquisition One Corp, which closed on 10 August 2020. Ogier operates a leading SPAC advisory practice in the BVI, and Kismet Acquisition One marked the firm’s second major BVI SPAC IPO for 2020.
In this webinar Intralinks and industry experts evaluate how PE groups have been adjusting to performing ODD during the lockdown. We explore the technologies that have played a key role in helping PE firms identify and overcome issues and what specific areas of ODD work well ‘virtually’. Could this virtual approach be the new normal going forward?
Other key topics discussed include:
How are PE groups themselves responding to investor ODD requests during this period to ensure they are meeting expectations?
What key questions should COOs/CFOs be asking if they look to embrace virtual ODD?
Panel:
– Jason Barg // Partner, Lovell Minnick Partners
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Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
