Insight earlier announced the closing of a couple of new funds having 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 set up for co-investments in more substantial deals.
Likewise, Insight Venture Partners invested in Elo7, which is Brazil’s main handicraft marketplace. Elo7 has become the primary platform where handicraft makers can establish and host a personalized storefront and transact sales of their products. They are able to accomplish this through leveraging Elo7’s technology. Elo7 is one of the top 200 websites in Brazil.
Insight has additionally invested in Tumblr, an NYC-based organization. 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 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 communicate and collaborate everywhere and from any device. Fuze Box products now available include Fuze Meeting, Fuze Messenger, Fuze Movie, Internet Fax, Voicemail-To-Text, Internet Answering Machine, and HD Audio Conferencing.
Fanatics, Inc. operates in the eCommerce and Internet verticals. They’re one of the world’s major internet vendors of officially licensed sports merchandise. Fanatics provides eCommerce, merchandising, marketing, and fulfillment services for collegiate athletic programs and conferences, professional sports leagues and teams, along with other leading sports properties.
Insight invested in MediaMind, a division of DG (DGIT: NASDAQ). MediaMind is a worldwide provider of digital advertising solutions. These solutions optimize the usage of media, creative, and data for enhanced campaign performance. MediaMind’s leading MediaMind Rich Media and Video capabilities service the most inspiring and cutting-edge worldwide digital campaigns.
Insight has invested in Medidata Solutions, an enterprise that works with large and small companies and institutions. Medidata aids the world’s leading pharmaceutical, biotechnology, and medical device and research companies in increasing 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 more than 70 countries.
In the Infrastructure Software vertical, Insight invested in SolarWinds. This business enterprise is a foremost provider of Windows-based network discovery, network monitoring, and network management software. Customers select SolarWinds to minimize network downtime, monitor network performance, manage network compliance and change and improve the efficiency of their staff.
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 major global venture capital and private equity corporation that has raised more than $5 billion. They have invested in greater than 150 growth-stage software, eCommerce, internet, as well as data-services companies.
Founded almost 2 decades ago, Insight Venture Partners is an expert in innovative technology firms. 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.