Insight earlier announced the closing of 2 new funds having a consolidated $2 billion in investor commitments. Insight Venture Partners VII received approximately $1.5 billion of institutional commitments; it also received approximately $70 million of affiliate and friend commitments. Insight Venture Partners Coinvestment Fund II (Fund II) received $450 million in commitments. Fund II was established for co-investments in larger deals.
Moreover, Insight Venture Partners invested in Elo7, which is Brazil’s leading marketplace for handicrafts. Elo7 has become the chief platform where handicraft makers can create and host a personalized storefront and transact sales of their merchandise. They can do this by taking advantage of Elo7’s technology. Elo7 is among the top two hundred websites in Brazil.
Insight has additionally invested in Tumblr, a company based in New York City. Tumblr is a re-envisioning of tumblelogging. It is a subset of blogging, which uses fast, mixed-media posts. Tumblr enables users to share anything effortlessly. Users can post videos, music, links, quotes, photos, and text, from their browser, phone, desktop, email, or wherever they are.
In the Business-to Business (B2B) sector, Insight invested in Fuze Box, a leading provider of Internet and mobile based unified communications solutions. These solutions allow today’s mobile professional to collaborate and communicate from anywhere and from any device. Fuze Box products presently available include HD Audio Conferencing, Internet Answering Machine, Voicemail-To-Text, Internet Fax, Fuze Movie, Fuze Messenger, and Fuze Meeting.
Fanatics operates in the eCommerce and Internet verticals. They are among the globe’s leading internet vendors of officially licensed sports merchandise. Fanatics provides fulfillment, marketing, merchandising, and eCommerce services for collegiate athletic programs and conferences, professional sports leagues and teams, and other key sports properties.
Insight invested in MediaMind, a division of DG (DGIT: NASDAQ). MediaMind is an international supplier of digital advertising solutions. These solutions optimize the use of media, creative, and data for enhanced campaign performance. MediaMind’s leading MediaMind Rich Media and Video capabilities service the most innovative and inspiring worldwide digital campaigns.
Insight has invested in Medidata Solutions, an enterprise that works with large and small companies and institutions. Medidata assists the world’s leading research, medical device, biotechnology, and pharmaceutical organizations in increasing the value of their clinical research investments. They assist in expediting the process of safely bringing life-enhancing treatments to market on five continents and in over 70 nations.
Within the Infrastructure Software vertical, Insight Venture Partners invested in SolarWinds. This enterprise is a foremost provider of Windows-based network discovery, network monitoring, and network management software. Clients select SolarWinds to minimize network downtime, manage network compliance, monitor network performance and change and improve the efficiency of their staff.
Located in New York, New York, Insight supports entrepreneurs with hands-on growth expertise, their network of technology and industry resources, as well as financial capital. They are a major global venture capital and private equity corporation that has raised over $5 billion. They have invested in greater than 150 growth-stage software, eCommerce, internet, as well as data-services companies.
Founded almost two decades ago, Insight Venture Partners focuses on progressive technology firms. The Company’s corporate blueprint provides company leaders with capital to expand domestically and internationally. It also provides them with the flexibility for taking intelligent risks, and fundamental guidance for growth.
