PE/VC  Updata Partners

http://www.updatapartners.com





     Office Locations:

2099 Pennsylvania Ave., NW 8th Floor
Washington, DC 20006
Phone: 202-618-8750
Fax: 202-315-2668

 

Stages:

  • Expansion
  • Growth
  • Middle Market


 

Industries:

  • Business Services
  • Information Technology
  • Media & Digital Media
  • Software & Internet

  •  

    Description:

    Founded in 1998, the partners of Updata have made more than 50 investments in high-growth, information technology companies. Updata Partners invests in market-leading software, internet, and business services companies. Updata Partners currently has nearly $500 million under management and typically invests between $5 million and $20 million in an initial transaction. The firm's principal focus is on companies with revenues up to $50 million and accelerating revenue momentum. However, profitability is not required and Updata is interested in evaluating earlier stage opportunities. The firm's capital is typically used in the following situations: Growth Capital; Acquisition Financing and Consolidations; and Buyouts, Recapitalizations and Corporate Spinoffs. Updata announced a new growth equity investment fund June 30 of 2016, Updata Partners V, which closed with commitments of $280 million.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Alex Otero Principal
    Arun Singh Principal
    Barry M. Goldsmith General Partner, Co-founder
    Braden Snyder VP
    Cam Salem Senior Associate

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      07/20/2017


      LendKey


      NY


      $26,000,000


      


      03/21/2017


      Jellyvision


      IL


      $20,000,000


      


     

    Portfolio companies include:


      Acclaris
        web link


      Alert Logic
        web link


      Amber Road
        web link


      Bradford Networks
        web link


      Bridge Energy Group
        web link


      Bridge2 Solutions
        web link


      Coaxis
        web link


      Collective Bias
        web link


      DataCore Software
        web link


      First Insight
        web link


      Foresee
        web link


      Harmony Information Systems
        web link


      HG Data
        web link


      iContact
        web link


      Interactions
        web link


      Jellyvision
        web link


      jobs2web
        web link


      LendKey
        web link


      Logi Analytics
        web link


      LogiXML
        web link


      M86 Security
        web link


      Mashable
        web link


      Merlin Technologies
        web link


      Nimaya
        web link


      Numara Software
        web link


      Object Video
        web link


      OrderMotion
        web link


      Pet360
        web link


      PulsePoint
        web link


      RedVision
        web link


      RedVision Systems
        web link


      RES Software
        web link


      Total Defense
        web link


      Trustwave
        web link


      VideoBlocks.com
        web link


      XebiaLabs
        web link


     

    Recent News: