Insight previously announced the closing of a couple of new funds with a combined $2 billion in investor commitments. Insight Venture Partners VII received approximately $1.5 billion of institutional commitments and approximately $70 million of affiliate and friend commitments. Insight Venture Partners Coinvestment Fund II (Fund II) received $450 million in commitments. Fund II was set up for co-investments in more substantial deals.
Likewise, Insight Venture Partners invested in Elo7, Brazil’s leading handicraft marketplace. Elo7 has become the leading platform on which handicraft makers can establish and host a personalized storefront and transact sales of their merchandise. They are able to accomplish this through leveraging Elo7’s technology. Elo7 is among the top two hundred websites in Brazil.
Insight has also invested in Tumblr, a company based in New York City. Tumblr is a re-envisioning of tumblelogging. This is a subset of blogging, which uses quick, mixed-media posts. Tumblr permits 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 major provider of mobile based and Internet unified communications solutions. These solutions make it possible for today’s mobile professional to communicate and collaborate from anywhere and from any device. Fuze Box products now 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 major internet vendors of officially licensed sports merchandise. Fanatics provides eCommerce, merchandising, marketing, and fulfillment services for professional sports leagues and teams, collegiate athletic programs and conferences, and other leading sports properties.
Insight invested in MediaMind, a division of DG (DGIT: NASDAQ). MediaMind is a worldwide provider of digital advertising solutions. These solutions enhance the usage of media, creative, and data for improved 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 small and large companies and institutions. Medidata helps the world’s top pharmaceutical, biotechnology, medical device and research companies maximize the value of their clinical research investments. They help speed up the process of safely bringing life-enhancing treatments to market on five continents and in more than 70 countries.
Within the Infrastructure Software vertical, Insight Venture Partners invested in SolarWinds. This business enterprise is a foremost provider of Windows-based network discovery, network monitoring, and network management software. Customers choose SolarWinds to reduce network downtime, monitor network performance, manage network compliance and change and improve the efficiency of their staff.
Located in New York, New York, Insight supports entrepreneurs with financial capital, hands-on growth expertise and their network of technology and industry resources. They are a leading global private equity and venture capital firm that has raised more than $5 billion. They’ve invested in more than 150 growth-stage data-services, internet, eCommerce, and software companies.
Founded almost twenty years ago, Insight Venture Partners is an expert in progressive technology firms. Their corporate blueprint provides company leaders with capital to expand domestically and internationally. In addition, it provides them with the flexibility for taking intelligent risks, and fundamental guidance for growth.
