Technology Crossover Ventures

ANNOUNCEMENTS/PRESS RELEASES

The specific companies identified in the press releases below do not represent all of TCV’s investments, and no assumptions should be made that any investments identified were or will be profitable. For a complete alphabetical list of TCV investments, please click here. TCV is not responsible for the contents of any third party press releases linked below, and has not confirmed the accuracy of any information provided therein.

OPEN ENGLISH SECURES $65 MILLION IN LATEST ROUND OF FINANCING — 04/23/2013: Leading Online English-Language School Has Raised $120 Million in Total Investment; Comprising One of the Largest Capital Raises in History of Education Technology
Actifio Raises Additional $50 Million to Advance Leadership in $44 Billion Copy Data Storage Market — 03/06/2013: Technology Crossover Ventures leads latest investment to capitalize on worldwide demand for solutions to tame enterprise storage explosion
Go Daddy Acquires M.Dot – Bolsters 'Mobile First' Strategy — 02/11/2013: Gives Go Daddy Website Customers a Unique Smartphone Edge
Think Finance Captures Number Two Spot on Forbes’ List of America’s Most Promising Companies — 02/06/2013: Recognized among the Top 100 High-Growth Privately-Held U.S. Businesses
Travelport signs new agreement with Scoot — 01/28/2013: Travelport, the business services provider to the global travel industry, today announces a new agreement with Scoot, Singapore Airlines’ budget arm that offers low-cost, no frills airfares from Singapore to eight cities in China, Australia, Japan, Taiwan and Thailand.
AppNexus Raises $75 Million in Funding to Accelerate Rapid Growth — 01/24/2013: New capital positions company to transform the online ad marketplace
JustFab buys FabKids — 01/18/2013: Mother and child reunion: JustFab buys FabKids
Go Daddy Appoints Blake Irving as Chief Executive Officer — 12/11/2012: Technology Veteran Brings Product Development Focus to Go Daddy
Sitecore Achieves Record Year and Advances Move Into Burgeoning Customer Experience Management Market — 11/23/2012: Sitecore, a leading Web content and customer experience management software company, today announced strong business results and customer acquisition growth for its fiscal year ending June 30, 2012.
Rapid7 Announces Record Quarter and Promotion of New CEO — 10/26/2012: Corey Thomas Appointed to Lead Security Innovator into Next Phase of Rapid Growth
Pearson acquires EmbanetCompass: expands capacity and extends leadership in fast-growing market for online learning — 10/16/2012: Pearson, the world’s leading learning company, is announcing today the acquisition of EmbanetCompass from an investor group led by Technology Crossover Ventures and Knowledge Universe, for $650m in cash.
Rapid7 Acquires Mobilisafe — 10/09/2012: Enables Secure BYOD, Expanding Security Risk Management Portfolio to Cover Mobile Devices Line Up
Technology Crossover Ventures Opens London Office to Expand into Europe — 09/17/2012: TCV General Partner John Rosenberg Leads the London Office and is Joined by New TCV Principal John Doran
Alarm.com Announces Investment by Technology Crossover Ventures — 07/26/2012: Alarm.com, the industry leader in interactive security, automation and energy management services, today announced that Technology Crossover Ventures (TCV), a leading provider of capital to growth-stage technology companies, has made a $136 million investment in the company.
JustFab Secures $76 Million in Funding as it Leads Personalized Fast Fashion Category — 07/26/2012: JustFab, the innovative fashion styling service and contemporary fashion brand, today announced that it has secured $76 million in funding.
Facebook Announces Pricing of Initial Public Offering — 05/17/2012: Facebook (NASDAQ: FB) today announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share.
Splunk Prices Initial Public Offering — 04/18/2012: Splunk Inc. today announced the pricing of its initial public offering of 13,500,000 shares of common stock at a price to the public of $17.00 per share.
FX Alliance Inc. Announces Closing of Initial Public Offering — 02/14/2012: FX Alliance Inc. ("FXall") (NYSE: FX), today announced the closing of its previously announced initial public offering of 5,980,000 shares of common stock.
FX Alliance Inc. Prices Initial Public Offering — 02/09/2012: FX Alliance Inc. ("FXall"), today announced the pricing of its initial public offering of 5,200,000 shares of common stock at a price to the public of $12.00 per share.
Permira and TCV Acquires Genesys for $1.5 Billion — 02/01/2012: Permira, Technology Crossover Ventures (TCV) and certain co-investors of the Permira funds, has closed the acquisition of Genesys, a global expert in contact center technology software, from Alcatel-Lucent
iPipeline Announces Investment by Technology Crossover Ventures — 01/19/2012: iPipeline®, the leader in on-demand marketing, selling and processing solutions for the nation’s top insurance carriers, distributors and producers, today announced that Technology Crossover Ventures (TCV) of Palo Alto, California, a leading provider of growth capital to technology companies, has made a significant investment in the company.
Splunk Inc. Files Registration Statement for an Initial Public Offering — 01/12/2012: Splunk Inc., today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock.
Sitecore to Partner With Experienced Technology Investor to Build on Leading Market Position — 12/05/2011: Global technology investor Technology Crossover Ventures (TCV) of Palo Alto, California, has been invited to join Sitecore's group of shareholders.
ExactTarget Files Registration Statement for Proposed Initial Public Offering — 11/23/2011: ExactTarget, a global provider of cross-channel interactive marketing solutions, announced today it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock.
Netflix Announces Pricing of $400 Million Concurrent Common Stock and Convertible Notes Financing — 11/21/2011: Netflix, Inc. (Nasdaq: NFLX) today announced the pricing of concurrent common equity and convertible notes financings totaling $400 million.
Rapid7 Secures $50 million in Series C Funding — 11/17/2011: Rapid7, the leading provider of security risk intelligence solutions, today announced it has secured $50 million in a series C round from Palo Alto, Calif.-based Technology Crossover Ventures (TCV).
Groupon Announces Pricing of Initial Public Offering — 11/03/2011: Groupon, Inc. (NASDAQ: GRPN) today announced the initial public offering of 35,000,000 shares of its Class A common stock at a price of $20 per share.
Permira Funds Make Binding Offer to Acquire Genesys from Alcatel-Lucent — 10/19/2011: Permira today announced that a company owned by the Permira funds has made a binding offer to acquire Genesys, a global expert in contact center technology software, from Alcatel-Lucent (Euronext Paris and NYSE: ALU) in a transaction valued at $1.5 billion.
Technology Crossover Ventures Names Chuck Davis as Venture Partner — 09/19/2011: Technology Crossover Ventures (TCV), a leading growth equity investor focused on premier technology companies, announced today that Chuck Davis has become a venture partner.
Jay Hoag Joins EA's Board of Directors — 09/07/2011: Electronic Arts Inc. ERTS +3.02% , a leading global interactive entertainment software company, today announced Jay Hoag has been appointed to EA's board of directors effective September 6.
IHS to Acquire Seismic Micro-Technology — 07/26/2011: IHS Inc. (NYSE:IHS), the leading global source of information and analysis, today announced it has signed a definitive agreement to acquire Seismic Micro-Technology (SMT), a market leader for geoscience software.
OpenText Acquires Global 360 — 07/13/2011: OpenText (NASDAQ: OTEX) (TSX: OTC) announced today it has acquired Global 360 Holding Corporation, a leading provider of process and case management solutions.
Go Daddy Enters Partnership with KKR, Silver Lake & TCV — 07/01/2011: The Go Daddy Group, Inc., the world’s largest provider of Web hosting, domain names and new SSL Security Certificates, announced it has signed a definitive agreement to receive a strategic investment and enter into a partnership with KKR, Silver Lake and Technology Crossover Ventures.
Groupon Files Registration Statement for Initial Public Offering — 06/02/2011: Groupon, a local e-commerce marketplace that connects merchants and consumers by offering goods and services at a discount, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock.
Rita Selvaggi and Shanel Vandergriff Join Technology Crossover Ventures as Executive Advisors — 04/26/2011: Palo Alto, CA and New York, NY – April 26, 2011 – Technology Crossover Ventures (TCV), a leading growth equity investor focused on premier technology companies, announced today that Rita Selvaggi and Shanel Vandergriff have joined TCV as executive advisors. Ms. Selvaggi and Ms. Vandergriff will work with existing TCV portfolio companies and new investments in the software industry.
ExactTarget Posts 52% Growth in First Quarter, Closes $30M in Financing to Further Accelerate Growth — 04/25/2011: ExactTarget, a global provider of interactive marketing solutions, announced today it continued record performance in the first quarter, increasing revenue 52 percent year over year.
Technology Crossover Ventures to Invest $125M in K12 Inc. to Accelerate Expansion — 04/15/2011: K12 Inc. (NYSE: LRN), the nation’s largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, today announced that Technology Crossover Ventures (TCV), a leading provider of growth capital to late-stage private and public companies, has agreed to purchase a minority stake in K12 to support the company's accelerated expansion strategy.
Erik Blachford and Barry McCarthy Join Technology Crossover Ventures As Venture Partners — 04/04/2011: Palo Alto, CA and New York, NY – April 4, 2011 - Technology Crossover Ventures (TCV), a leading growth equity investor focused on premier technology companies, announced today that Erik Blachford and Barry McCarthy have joined TCV as venture partners.
Groupon Raises, Like, A Billion Dollars: Investment to Continue Rapid Growth of Global Social Commerce Platform — 01/10/2011: Today Groupon announced that it has completed a $950 million round of financing. Groupon will use the funds to fuel global expansion, invest in technology, and provide liquidity for employees and early investors.
OSIsoft Announces $135 Million Minority Investment by Technology Crossover Ventures and Kleiner Perkins Caufield & Byers — 01/05/2011: OSIsoft, LLC, provider of the PI System and the leader in real-time data infrastructure solutions for management of real-time data and events, today announced that Technology Crossover Ventures (TCV) and Kleiner Perkins Caufield & Byers (KPCB) have made a significant minority investment in OSIsoft totaling $135 million.
Technology Crossover Ventures Promotes David Yuan to General Partner — 12/10/2010: Palo Alto, CA – December 10, 2010 – Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today that David Yuan has been promoted from principal to general partner.
Technology Crossover Ventures Promotes Nari Ansari and Kapil Venkatachalam to Vice President Roles at TCV — 12/10/2010: Palo Alto, CA – December 10, 2010 – Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today the promotions of Nari Ansari and Kapil Venkatachalam from senior associates to vice presidents.
Everyday Health, Inc. Closes Growth Financing Led by Technology Crossover Ventures New capital to fuel strategic acquisitions — 11/12/2010: Everyday Health, Inc., a leading provider of online consumer health solutions, announced today that it has closed a new preferred stock financing.
MERKLE ANNOUNCES GROWTH INVESTMENT BY TECHNOLOGY CROSSOVER VENTURES — 08/31/2010: Merkle (www.merkleinc.com), the nation's largest and fastest growing relationship marketing agency, announced it has received a minority equity investment from Technology Crossover Ventures (TCV), a leading growth equity investor focused on premier technology companies.
Green Dot Corporation Announces Pricing of Initial Public Offering of Class A Common Stock — 07/21/2010: Green Dot Corporation (NYSE: GDOT - News), a leading prepaid financial services company, today announced its initial public offering of 4,558,050 shares of its Class A common stock at a price to the public of $36.00 per share.
Daniel O'Keefe Joins Technology Crossover Ventures As Principal — 07/21/2010: Palo Alto, CA - July 21, 2010 - Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today that Tim McAdam has joined the firm as a general partner.
Tim McAdam Joins Technology Crossover Ventures As General Partner — 05/28/2010: Palo Alto, CA - May 28, 2010 - Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today that Tim McAdam has joined the firm as a general partner.
MSCI Inc. to Acquire RiskMetrics Group, Inc. — 03/01/2010: Leaders in risk management solutions, portfolio management tools and equity performance indices join forces to create a preeminent provider of investment decision support tools
Technology Crossover Ventures Completes Significant Growth Equity Investment in Origin Healthcare Solutions — 01/08/2010: Origin Healthcare Solutions ("Origin" or the "Company"), an industry leader in healthcare revenue cycle management services and business and clinical intelligence systems, announced that Technology Crossover Ventures ("TCV") has made a significant growth equity investment in the Company.