UK-based Netcraft, a cybercrime detection company founded in 1995, raised $100M led by Spectrum Equity in its first fundraising to date
After years of growth, funding for cybersecurity startups is beginning to slow down, a symptom of the broader economic malaise and — perhaps — market oversaturation.
Connecticut-based SponsorUnited, a SaaS database of the brand sponsorship industry, raised a $35M Series A led by Spectrum Equity at a $100M+ valuation
Kyle Wiggers / TechCrunch :
London-based OTA Insight, which offers market intelligence tools for hotels, raises an $80M Series B led by Spectrum Equity, bringing its total funding to $100M
Dennis Schaal / Skift :
Arkansas-based Zenwork, which develops tax and regulatory compliance software, raises $162.5M led by Spectrum Equity and says 100,000+ US SMBs use its services
Worth Sparkman / Axios :
Otter.ai, which offers an AI-based transcription service, raises $50M Series B, including $10M in convertible notes, led by Spectrum Equity
AI transcription startup Otter.ai today announced it has raised $50 million in a series B round that includes $10 million in convertible notes and was led by Spectrum Equity.
E-book and audiobook subscription service Scribd raises $58M led by Spectrum Equity, bringing its total raised to $106M
Digital reading subscription service Scribd has raised a $58 million round of funding led by Spectrum Equity. The new funding round brings the total amount of money raised by Scribd to $106 million.
AllTrails, an app that helps its 9M+ users share their outdoor experiences, sells a majority stake to Spectrum Equity for $75M, says its app had 12M+ downloads
Kate Clark / TechCrunch :
AllTrails, an app that helps its 9M+ users share their outdoor experiences, sells a majority stake to Spectrum Equity for $75M, says its app had 12M+ downloads
The app for hiking enthusiasts just secured a big round of capital that will help it map more trails worldwide.
Bitly sells a majority stake to Spectrum Equity for $63M; Spectrum's Pete Jensen and Parag Khandelwal and Bitly CEO Mark Josephson join board of directors
Anthony Ha / TechCrunch :
Photo editing startup PicMonkey lands $41M from Bay Area-based Spectrum Equity
Taylor Soper / GeekWire :