JMI Equity

Global eLearning Innovator OpenSesame Receives $50 Million Strategic Growth Investment from JMI Equity and Existing Investors

Retrieved on: 
Thursday, July 22, 2021
Professional services, Education, Technology, Human resources, Software, Training, Alternative investment management companies, Archibus, Building information modeling, Leeds Equity Partners, OpenSesame, JMI Equity, OPENSESAME, JMI EQUITY

OpenSesame , a market-leading SaaS global elearning innovator, today announced a $50 million investment led by JMI Equity , a growth equity firm focused on investing in leading software companies, with participation from existing investors FTV Capital and Altos Ventures .

Key Points: 
  • OpenSesame , a market-leading SaaS global elearning innovator, today announced a $50 million investment led by JMI Equity , a growth equity firm focused on investing in leading software companies, with participation from existing investors FTV Capital and Altos Ventures .
  • This growth investment will strengthen OpenSesames ability to accelerate its global expansion, extend its technology platform through product-led M&A, and continue adding value for its global customers.
  • OpenSesame has seen unprecedented growth over the past few years, driven by the demand for people-first online learning, said Don Spear, CEO of OpenSesame.
  • JMI Equity is a growth equity firm focused on investing in leading software companies.

CIBC Innovation Banking Provides JMI Equity with a Capital Call Line of Credit

Retrieved on: 
Tuesday, March 9, 2021
Banking, Professional services, Venture capital, Finance, JMI Equity, Service companies, Acton Capital Partners

CIBC Innovation Banking is pleased to announce that it has co-led a capital call facility to JMI Equitys latest fund, JMI Equity Fund X.

Key Points: 
  • CIBC Innovation Banking is pleased to announce that it has co-led a capital call facility to JMI Equitys latest fund, JMI Equity Fund X.
  • The capital call facility provides JMI Equity (JMI) with the flexibility to make investments in portfolio companies and call capital less frequently from the Funds limited partners.
  • We are pleased to provide JMI with a capital call facility for JMI Equity Fund X.
  • JMI Equity is a growth equity firm focused on investing in leading software companies.

Canto Receives Significant Growth Investment from JMI Equity

Retrieved on: 
Tuesday, March 9, 2021
Software, Technology, Professional services, Finance, Finance, Financial markets, Corporate finance, JMI Equity, Equity securities, Equity, Archibus, Canto, JMI Equity

Canto, a leading provider of digital asset management (DAM) software, today announced that it has received a strategic growth investment from JMI Equity (JMI), a growth equity firm focused on investing in leading software companies.

Key Points: 
  • Canto, a leading provider of digital asset management (DAM) software, today announced that it has received a strategic growth investment from JMI Equity (JMI), a growth equity firm focused on investing in leading software companies.
  • Canto will utilize the additional funding to expand its customer-facing teams, accelerate and broaden its product development initiatives and drive growth across its target markets.
  • Canto is a really robust solution for managing assets for both internal and external use-cases, said Canto customer, Thermos.
  • JMI Equity is a growth equity firm focused on investing in leading software companies.

ChurnZero Raises $25 Million in JMI Equity-Led Series B Funding

Retrieved on: 
Thursday, March 4, 2021
JMI Equity

WASHINGTON, March 4, 2021 /PRNewswire-PRWeb/ --ChurnZero, the highest-rated and fastest-growing Customer Success platform for subscription businesses, today announced that it has received $25 million in Series B funding led by JMI Equity, a growth equity firm focused on investing in leading software companies.

Key Points: 
  • WASHINGTON, March 4, 2021 /PRNewswire-PRWeb/ --ChurnZero, the highest-rated and fastest-growing Customer Success platform for subscription businesses, today announced that it has received $25 million in Series B funding led by JMI Equity, a growth equity firm focused on investing in leading software companies.
  • To date, this investment brings the total funding that ChurnZero has raised to $35 million.
  • With the added resources from JMI and existing investors, the ChurnZero team will continue to invest in growing the Customer Success ecosystem, expanding the team, fueling go-to-market programs, and accelerating and deepening product development in the award-winning ChurnZero platform.
  • ChurnZero is headquartered in Washington, D.C. and is backed by leading investment firms such as JMI Equity, Baird Capital, Grotech Ventures and Middleland Capital.

JMI Equity Closes $1.7 Billion Growth Equity Fund

Retrieved on: 
Monday, March 1, 2021
Banking, Professional services, Finance, JMI Equity, Proskauer Rose, Service companies

JMI Equity (JMI or the Firm), a growth equity firm focused on investing in leading software companies, today announced the closing of JMI Equity Fund X, L.P. (JMI X or the Fund) at its $1.7 billion hard cap.

Key Points: 
  • JMI Equity (JMI or the Firm), a growth equity firm focused on investing in leading software companies, today announced the closing of JMI Equity Fund X, L.P. (JMI X or the Fund) at its $1.7 billion hard cap.
  • JMI X brings the Firms total committed capital raised to more than $6 billion since JMIs formation in 1992.
  • We are excited to announce the closing of JMI X following an efficient and successful fundraise, said Harry Gruner, Founder and Managing General Partner of JMI.
  • Proskauer Rose LLP served as legal counsel in the formation of JMI X.
    JMI Equity is a growth equity firm focused on investing in leading software companies.

JMI Equity Promotes Peter Arrowsmith to Managing General Partner and Paul Barber to Chairman

Retrieved on: 
Monday, February 1, 2021
Banking, Professional services, Finance, JMI Equity, Journal of Management Information Systems, Academic journals, Publications, Chase Thomet, Mac Williams, Christian Kurth, Katie Carter, JMI Equity

JMI Equity (JMI), a growth equity firm focused on investing in leading software companies, today announced the promotion of Peter Arrowsmith to Managing General Partner.

Key Points: 
  • JMI Equity (JMI), a growth equity firm focused on investing in leading software companies, today announced the promotion of Peter Arrowsmith to Managing General Partner.
  • Additionally, Paul Barber, who most recently was Managing General Partner, will become Chairman of JMI.
  • We recognize that our high-quality talent and collaborative culture are key drivers of JMIs long-standing success, said Paul Barber, Chairman of JMI.
  • As we near the completion of our third decade in operation, all of us at JMI can take great pride in what we have accomplished, and in the opportunities ahead, said Peter Arrowsmith, Managing General Partner of JMI Equity.

TimelyMD Receives $60 Million Investment from JMI Equity to Fuel Growth of Telehealth in Higher Education

Retrieved on: 
Tuesday, January 26, 2021
University, Education, Technology, Professional services, Other Health, Health, General Health, Mental health, Software, Internet, Finance, JMI Equity, Telehealth, Technology, Science and technology, TimelyMD, JMI Equity

TimelyMD , the only full-service telehealth provider solely focused on colleges and universities, today announced that it has received a $60 million investment from JMI Equity (JMI).

Key Points: 
  • TimelyMD , the only full-service telehealth provider solely focused on colleges and universities, today announced that it has received a $60 million investment from JMI Equity (JMI).
  • A growth equity firm focused on investing in leading software companies, JMI brings significant experience partnering with companies in both healthcare and higher education.
  • JMI is pleased to partner with TimelyMD, which has demonstrated tremendous market leadership and promise in tackling the unmet need in higher education for on-demand medical, mental health, and well-being telehealth solutions, said Matt Emery, General Partner, JMI Equity.
  • JMI Equity is a growth equity firm focused on investing in leading software companies.

SOCi Cements Position as Localized Marketing Leader with $80M Series D Investment

Retrieved on: 
Thursday, January 21, 2021
Software, Social media, Search engine marketing, Finance, Marketing, Communications, Professional services, Technology, Marketing, Business process, Business, Articles, SOCi, JMI Equity

The localized marketing movement could not have been more important than it was in 2020.

Key Points: 
  • The localized marketing movement could not have been more important than it was in 2020.
  • For multi-location enterprises, the ability to connect with local audiences across numerous key marketing channels was critical to keeping their local businesses afloat.
  • SOCi is an award-winning localized marketing platform built specifically for multi-location marketers.
  • For more information on how SOCi can help fuel your localized marketing success visit us at www.meetsoci.com or message us at [email protected] .

RLH Equity Partners Announces New Hires

Retrieved on: 
Thursday, January 21, 2021
Economy, Finance, Articles, Alternative investment management companies, RLH, JMI Equity, Private-equity firm, Private equity, Entrepreneurship

Yumee Song brings to RLH over a decade of private equity experience, with emphasis in business services and adjacent sectors.

Key Points: 
  • Yumee Song brings to RLH over a decade of private equity experience, with emphasis in business services and adjacent sectors.
  • Ari Adler joins RLH with a broad background in investment banking at Jefferies, principal investing at JMI Equity (a software-focused private equity firm), and corporate strategy.
  • RLH co-founder J. Christopher Lewis commented, "We are excited to welcome these four very talented individuals to the RLH team.
  • RLH Equity Partners is a leading private equity firm that partners with entrepreneurs to help them build distinctive high-growth businesses and realize their aspirations.RLH provides experienced strategic guidance to its portfolio companies while embracing the entrepreneurial spirit of those companies' founders.The RLH investment team, which averages over 15 years of private equity experience, has developed proven processes to enhance organic growth and drive enterprise value.

Employee Navigator Raises $34 Million in Growth Equity Financing

Retrieved on: 
Tuesday, January 12, 2021
Other Professional Services, Software, Human resources, Finance, Consulting, Professional services, Technology, Other Technology, JMI Equity, Employee Navigator, JMI Equity

Employee Navigator, a leading benefits administration & HR software provider, announced it has raised $34 million in growth equity funding from JMI Equity.

Key Points: 
  • Employee Navigator, a leading benefits administration & HR software provider, announced it has raised $34 million in growth equity funding from JMI Equity.
  • Employee Navigators growth has accelerated over the past few years; they now support over 2,000 of the nations leading insurance brokers, over 50,000 employers, and over 10 million employees and dependents.
  • George and the Employee Navigator team have built a resilient business well-positioned for accelerated growth, as demonstrated by their record new business and profitability through COVID, said David Greenberg, General Partner at JMI Equity.
  • For more information, visit www.employeenavigator.com
    JMI Equity is a growth equity firm focused on investing in leading software companies.