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General Information

Websiteupdatapartners.com
Blogblog.updatapartne...
Twitter@UpdataPartners
Phone2026188750
Employees

Funds

Offices

HQ
2445 M St. NW
3rd Floor
Washington, DC, 20037
USA

People

General Partner
General Partner
General Partner
Partner
Managing General Partner
Venture Partner & CFO
Vice President, Finance

Former People

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Updata Partners

Updata Partners is a growth stage venture capital and private equity firm focused on investing in software and technology-driven business services companies. They invest at the expansion phase of a company’s lifecycle in sectors where they can apply their operating experience and industry network to create value. They work closely with their portfolio companies to enhance their operational, financial and strategic decision-making.

Since the mid-90’s, the founders and partners of Updata Partners have invested in more than 60 software and software-enabled services companies serving diverse sectors with solutions for business and consumer markets. They collaborate with management teams to strategically and tactically build businesses, leveraging deep customer, investor, strategic partner and executive talent networks throughout the IT industry.

Updata Partners was formed in 1998 by a team of highly successful IT veterans who, in over 25 years in the industry founded and built several software firms, both VC and non-VC backed; operated large and successful public software firms as CEOs and built an industry-leading IT M&A advisory firm. Updata Partners’ top-tier institutional limited partners represent university endowments, pensions and foundations and experienced funds-of-funds. The firm closed Fund IV at the end of 2007, bringing total funds under management to nearly $500 million.

Recent Milestones

Investments

Company Date Round Size Participants
Collective Bias 4/13Series A$10.5M1
Nintex USA 3/13Venture Round2
PulsePoint 1/13Venture Round$3M5
Video Blocks 9/12Series A$10.5M2
VideoBlocks.com 9/12Series A$10.5M2
Alert Logic 6/12Series F$12.2M5
Bradford Networks 5/12Venture Round$3M2
July Systems 2/12Venture Round$15M3
Bridge Energy Group 9/11Series A1
Interactions Corporation 7/11Venture Round$12M4
Pet360 6/11Venture Round$18M2
Alert Logic 4/11Series E$12.6M4
Coaxis 2/10Venture Round$10M1
OrderMotion 7/08Venture Round$1.4M2
ContextWeb 7/08Series D$26M4
Bradford Networks 5/08Series B$8M2
DataCore Software 4/08Venture Round$30M2
LogiXML 12/07Venture Round$5M1
Harmony Information Systems 10/07Series B$28M4
Spectrum K12 School Solutions 9/07Venture Round$5.7M2
iContact 6/07Series A$5.35M2
ForeSee 4/07Venture Round$20M2
Harmony Information Systems 12/06Series A$7.5M2
ObjectVideo 9/06Series E$8M3
ContextWeb 9/06Series C$15.5M4
OrderMotion 9/06Series B$8.5M2
Nimaya 5/06Series A$3M1
Everest Software 2/06Series D$8M3
Jobs2Web 1/06Series A$5.3M1
ContextWeb 6/05Series B$9M3
Appfluent Technology 4/05Series A$4.1M2
Secure Software 2/05Series B$9.25M3

Videos

Sources

    RES Software Raises $12.5 Million from Updata Partners to Lead Workspace Management Market (updatapartners.com) [edit]
    Updata Partners to Acquire CA Technologies Internet Security Business Unit (freshnews.com) [edit]
  1. Collective Bias Raises $10.5M Series A To Push Its Shopping Blogger-Powered Social Marketing Model Internationally (techcrunch.com) [edit]
  2. Nintex Group Receives Investment from TA Associates and Updata Partners (finsmes.com) [edit]
  3. pulsepoint.com [edit]
  4. With 5M Clips Downloaded, Stock Video Specialist Video Blocks Raises $10.5M From Updata Partners And QED Investors (techcrunch.com) [edit]
  5. With 5M Clips Downloaded, Stock Video Specialist Video Blocks Raises $10.5M From Updata Partners And QED Investors (techcrunch.com) [edit]
  6. Alert Logic Rings Up $12.2M for Cloud Security (pevc.dowjones.com) [edit]
  7. Bradford Networks Closes $3M Financing Round (finsmes.com) [edit]
  8. July Systems Closes $15M Equity Funding (finsmes.com) [edit]
  9. BRIDGE ENERGY GROUP ANNOUNCES SIGNIFICANT EXPANSION CAPITAL FUNDING FROM UPDATA PARTNERS (updatapartners.com) [edit]
  10. Interactions Corporation Secures $12M in New Funding (interactions.net) [edit]
  11. Updata Partners Leads $18 Million Investment in Pet360, Inc. (reuters.com) [edit]
  12. Alert Logic Closes $12.6 Million Funding Round (alertlogic.com) [edit]
  13. Updata Partners Invests $10 Million in Leading Construction Software Firm (freshnews.com) [edit]
  14. Online workflow software company OrderMotion raises $1.4M (venturebeat.com) [edit]
  15. Online Ad Firm ContextWeb Gets $26 Million In Fourth Round; More to Come (paidcontent.org) [edit]
  16. Bradford Networks nabs $8M in new funding (masshightech.com) [edit]
  17. Insight Venture Partners And Updata Partners Invest $30M In Storage Virtualization Leader DataCore Software (datastorageconnection.com) [edit]
  18. EDGAR [edit]
  19. Harmony Information Systems Raises $28 Million in Series B Financing from JMI Equity, Updata Partners, ORIX Venture Finance and Comerica Bank (jmiequity.com) [edit]
  20. Spectrum K12 School Solutions, Inc. Secures $5.7M in Expansion Funding (spectrumk12.com) [edit]
  21. redherring.com [edit]
  22. ForeSee Results Secures Major New Investment (encyclopedia.com) [edit]
  23. Harmony Information Systems, Inc. Secures $7.5 Million Series A Financing From JMI Equity and Updata Partners. (thefreelibrary.com) [edit]
  24. ObjectVideo Inc., a Reston, Va.-based provider of video processing software for physical security applications, has raised $8 million in Series E funding (buyoutsnews.com) [edit]
  25. ContextWeb Closes $15.5 Million Series C of Funding (findarticles.com) [edit]
  26. OrderMotion Receives $8.5 Million in Series B Funding (updatacapital.com) [edit]
  27. Nimaya Nets $3 Million in Series A Funding from Updata Partners (nimaya.com) [edit]
  28. Everest Software Nets $8 Million in Funding Round; Venture Capital Heavyweights Back SMB.. (allbusiness.com) [edit]
  29. TC Business Journal (bizjournals.com) [edit]
  30. ContextWeb Raises $9 Million Second Round (paidcontent.org) [edit]
  31. Appfluent Technology Closes $4 Million in Series A Funding (appfluent.com) [edit]
  32. Secure Software Adds $9.25 Million in Funding; New Investor Updata Partners Joins Charles River. (allbusiness.com) [edit]
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Last Edited 5/22/13

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