Insight earlier announced the closing of 2 new funds with a consolidated $2 billion in investor commitments. Insight Venture Partners VII received approximately $1.5 billion of institutional commitments; it also received approximately $70 million of affiliate and friend commitments. Insight Venture Partners Coinvestment Fund II (Fund II) received $450 million in commitments. Fund II was established for co-investments in larger deals.
Furthermore, Insight Venture Partners invested in Elo7, which is Brazil’s leading handicraft marketplace. Elo7 is the chief platform on which handicraft makers can establish and host a personalized storefront and transact sales of their merchandise. They are able to accomplish this by taking advantage of Elo7’s technology. Elo7 is among the top two hundred websites in Brazil.
Insight has additionally invested in Tumblr, a company located in New York City. Tumblr is a re-envisioning of tumblelogging. It is a subset of blogging that utilizes fast, mixed-media posts. Tumblr allows users to share anything effortlessly. Users can post text, photos, quotes, links, music, and videos, from their browser, phone, desktop, email, or wherever they are.
Within the Business-to Business (B2B) sector, Insight invested in Fuze Box, a major provider of mobile based and Internet unified communications solutions. These solutions make it possible for today’s mobile professional to collaborate and communicate from anywhere and from any device. Fuze Box products now available include HD Audio Conferencing, Internet Answering Machine, Voicemail-To-Text, Internet Fax, Fuze Movie, Fuze Messenger, and Fuze Meeting.
Fanatics, Inc. operates in the Internet and eCommerce verticals. They are among the globe’s top internet vendors of officially licensed sports merchandise. Fanatics provides fulfillment, marketing, merchandising, and eCommerce services for professional sports leagues and teams, collegiate athletic programs and conferences, along with other key sports properties.
Insight invested in MediaMind, a division of DG (NASDAQ: DGIT). MediaMind is a worldwide provider of digital advertising solutions. These solutions enhance the use of media, creative, and data for improved campaign performance. MediaMind’s leading MediaMind Rich Media and Video capabilities service the most innovative and inspiring worldwide digital campaigns.
Insight has invested in Medidata Solutions, an enterprise that works with small and large institutions and companies. Medidata helps the world’s top pharmaceutical, biotechnology, medical device and research companies increase the value of their clinical research investments. They help speed up the process of safely bringing life-enhancing treatments to market on five continents and in over 70 countries.
In the Infrastructure Software vertical, Insight invested in SolarWinds. This company is a foremost provider of Windows-based network management, network monitoring and network discovery software. Clients select SolarWinds to minimize network downtime, manage network compliance, monitor network performance and change and improve staff efficiency.
Located in NYC, Insight supports entrepreneurs with hands-on growth expertise, their network of technology and industry resources, as well as financial capital. They are a leading global private equity and venture capital firm that has raised over $5 billion. They’ve invested in greater than 150 growth-stage data-services, internet, eCommerce, and software companies.
Founded almost two decades ago, Insight Venture Partners focuses on progressive technology firms. Their corporate blueprint provides company leaders with capital to expand internationally and domestically. In addition, it provides them with the flexibility to take intelligent risks, and fundamental guidance for growth.
