Tag: insight partners
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Venture capital funding sets record for Colorado Springs, nation
A $200 million investment this year in Colorado Springs software developer Quantum Metric set a record for local venture capital funding during the first quarter, according to a new report. The deal was the largest ever in Colorado Springs and will put this year’s total in record territory, surpassing the $197 million invested in local…
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Colorado Springs-based Cherwell Software to be sold to Utah company
Colorado Springs-based Cherwell Software will be acquired by Salt Lake City information technology security company Ivanti in a deal backed by two private equity investment firms, Ivanti announced Tuesday. Affiliates of Clearlake Capital Group and TA Associates are financing the deal; terms of the transaction were not disclosed. Cherwell CEO Sam Gilliland said the deal…
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Venture capital funding bypasses Colorado Springs in 2020
Venture capital funding bypassed Colorado Springs in 2020, even as such financing hit a 20-year high in Colorado and a record nationwide, according to a report. The dearth of money for local startups last year was the first time such companies failed to land venture capital funding since 2007, according to the MoneyTree Report from…
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Colorado Springs ‘unicorn’ software firm lands record $200 million in venture capital
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado Springs software developer Quantum Metric has landed $200 million in venture capital in a deal that values the company at more than $1 billion, making it the area’s first technology “unicorn.” The investment from a group led by Insight Partners is the largest ever…
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Colorado Springs ‘unicorn’ software firm lands record $200 million in venture capital
Colorado Springs software developer Quantum Metric has landed $200 million in venture capital in a deal that values the company at more than $1 billion, making it the area’s first technology “unicorn.” The investment from a group led by Insight Partners is the largest ever for a Colorado Springs startup, eclipsing a $172 million deal…