Insight earlier announced the closing of a couple of new funds with a consolidated $2 billion in investor commitments. Insight Venture Partners VII received approximately $1.5 billion of institutional commitments and 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 more substantial deals.
Moreover, Insight Venture Partners invested in Elo7, which is Brazil’s main marketplace for handicrafts. Elo7 has become the primary platform where handicraft makers can establish and host a personalized storefront and transact sales of their goods. They can accomplish this through leveraging Elo7’s technology. Elo7 is among the top two hundred websites in Brazil.
Insight has also invested in Tumblr, a company located in New York City. Tumblr is a re-envisioning of tumblelogging. This is a subset of blogging that uses fast, mixed-media posts. Tumblr enables users to share anything effortlessly. Users can post videos, music, links, quotes, photos, and text, from their email, desktop, phone, browser, or wherever they are.
In the Business-to Business (B2B) sector, Insight invested in Fuze Box, a leading provider of mobile based and Internet unified communications solutions. These solutions make it possible for today’s mobile professional to collaborate and communicate everywhere and from any device. Fuze Box products presently available include HD Audio Conferencing, Internet Answering Machine, Voicemail-To-Text, Internet Fax, Fuze Movie, Fuze Messenger, and Fuze Meeting.
Fanatics operates in the eCommerce and Internet verticals. They are one of the globe’s leading online retailers of officially licensed sports merchandise. Fanatics provides eCommerce, merchandising, marketing, and fulfillment services for collegiate athletic programs and conferences, professional sports leagues and teams, and other major sports properties.
Insight invested in MediaMind, which is a division of DG (NASDAQ: DGIT). MediaMind is an international supplier of digital advertising solutions. These solutions optimize the usage of data, creative, and media for improved campaign performance. MediaMind’s leading MediaMind Rich Media and Video capabilities service the most inspiring and cutting-edge global digital campaigns.
Insight has invested in Medidata Solutions. Medidata is an enterprise that works with small and large companies and institutions. Medidata assists the world’s leading pharmaceutical, biotechnology, and medical device and research organizations in maximizing the worth of their clinical research investments. They assist in expediting the process of safely bringing life-enhancing treatments to market on five continents and in over 70 nations.
Within the Infrastructure Software vertical, Insight invested in SolarWinds. This enterprise is a leading provider of Windows-based network management, network monitoring and network discovery software. Customers select SolarWinds to minimize network downtime, manage network compliance, monitor network performance and change and improve the efficiency of their staff.
Located in New York, New York, Insight supports entrepreneurs with financial capital, hands-on growth expertise and their network of technology and industry resources. They are a major global private equity and venture capital firm that has raised over $5 billion. They’ve invested in more than 150 growth-stage data-services, internet, eCommerce, and software companies.
Founded nearly two decades ago, Insight Venture Partners specializes in innovative technology enterprises. Their corporate blueprint provides company leaders with capital to expand domestically and internationally. In addition, it provides them with the flexibility to take intelligent risks. It also provides them with fundamental guidance for growth.