Cloud & SaaS Growth Capital Investments in 2017
-
- Buyer
- JMI Equity
- Target
- Arena Solutions
- Industry
- Cloud & SaaS
- Location
- California, United States
- Type
- Growth capital
JMI Equity has made a strategic growth investment in Arena Solutions, the provider of cloud-based product lifecycle management (PLM) and quality management software. JMI partners Brian Hersman and Suken Vakil will join Arena's board to support the company's next phase of product and market expansion.
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- Buyer
- New Capital Partners
- Target
- LoyaltyExpress
- Industry
- Cloud & SaaS
- Location
- Massachusetts, United States
- Type
- Growth capital
Private equity firm New Capital Partners has made a growth investment in LoyaltyExpress, a Woburn, Massachusetts-based provider of marketing automation and cloud-based CRM solutions for banks and mortgage companies. The capital will be used to accelerate product innovation, expand MarketingCentral and Salesforce offerings, and hire additional staff to support growth.
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