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Portfolio Company News

Guardian Analytics® Appoints Stephen Walsh as Vice President of Global Sales

MOUNTAIN VIEW, Calif., May 2, 2016 /PRNewswire/ — Guardian Analytics, the market leader in real-time behavioral analytics and machine learning solutions for preventing banking fraud, today announced Stephen Walsh as the company’s new Vice President of Global Sales. Stephen is chartered with capitalizing on existing Guardian Analytics momentum and expanding market share of the company’s recently announced Omni-Channel Fraud Prevention platform. “We ...

Code42 Names Tim Connor as Its Chief Financial Officer

New CFO brings broad expertise in scaling financial infrastructure to support rapid growth (Minneapolis — Feb. 23, 2016) — Code42, the leader in endpoint data protection and security for the enterprise, today announced that Tim Connor, former chief financial officer at Datalogix, has joined the company as its new chief financial officer (CFO). As CFO, Connor’s core ...

Hourly Worker Powerhouse Snagajob Secures $100 Million in Funding

Major Investment To Fuel Growth as the Company Further Mobilizes The Hourly Workforce ARLINGTON, Va. – February 4, 2016 – Snagajob, America’s largest marketplace for hourly work, has completed a $100 million Rho Acceleration-led investment with NewSpring Capital and the Invus Group. The company will use the proceeds to expand its product offerings and fund select acquisitions. Founded in ...

Janrain Closes $27 Million in Series D Funding

Led by HighBar Partners to Augment Customer Identity Management with Rich Analytic Insights Portland, OR – (December 16, 2015) – Janrain, the leading provider of Customer Identity Management Solutions, announced today that it has secured $27 million in Series D funding led by HighBar Partners, with participation from existing investors Millennium Technology Value Partners, Split Rock Partners, ...

Calabrio Named a Leader in Gartner’s Magic Quadrant for Customer Engagement Center Workforce Optimization

Positioning based on completeness of vision and ability to execute MINNEAPOLIS – DECEMBER 10, 2015 – Calabrio, a leading provider of customer engagement and analytics technology, today announced that Gartner, Inc. has for the first time, positioned the company as a Leader in the December 2015 Gartner Magic Quadrant for Customer Engagement Center Workforce Optimization. “Our customers have ...

Thales to create a global leader in data protection by acquiring Vormetric

Thales (Euronext Paris: HO) today announced that it has signed a definitive agreement to acquire Vormetric, a leading provider of data protection solutions in physical, virtual and cloud infrastructures, for US$400m. The transaction is subject to customary closing conditions and expected to close during the first quarter of 2016. “The acquisition of Vormetric is a ...

H.I.G. Capital to Acquire HelpSystems, LLC

SAN FRANCISCO – October 12, 2015 – H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm with $19 billion of equity capital under management, is pleased to announce that its affiliate, along with Split Rock Partners, has closed the acquisition of HelpSystems, LLC (“HelpSystems”, or the “Company”). Headquartered in Eden Prairie, MN, HelpSystems is ...

Code42 Secures $85 Million Investment to Continue Expansion in Endpoint Data Protection, Security, Forensics and Analytics

Financing accelerates growth and company’s ability to solve enterprise data protection and security problems MINNEAPOLIS, Minn. – October 6, 2015 — Code42, the leader in endpoint data protection and security for the enterprise, today announced that it has secured $85 million in Series B funding led by new investors JMI Equity, a growth equity firm ...