Blue Cloud Ventures Announces Successful Exit From Its Investment in BeyondTrust
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 10/09/14 -- (BCV), a growth and late-stage co-investment firm that focuses on cloud-based enterprise software companies, announced today that it has exited its investment in BeyondTrust, the leading provider of identity management software solutions.
BeyondTrust became one of BCV''s 10 portfolio company investments in 2012. In September 2014, private equity firm Veritas Capital acquired BeyondTrust for $310 million.
"BeyondTrust is a great example of the types of successful, innovative and disruptive companies Blue Cloud Ventures aims to work with," said Rami Rahal, Co-Founder and General Partner of BCV. "We are glad that BeyondTrust found the right financial and strategic partner to team up with and continue on its innovation and growth trajectory as a leading cybersecurity software platform."
This is the second exit for BCV this year. In February, BCV exited its investment in AFS Technologies, a developer of subscription-based software applications for the food & beverage and consumer product goods industries, with the sale to Court Square Capital.
Current companies in BCV''s portfolio include: Aras, BTI Systems, , , , , Shift, and .
Blue Cloud Ventures (BCV) is an innovative growth and late stage firm focused on co-investing alongside leading venture capital and private equity firms in cloud-based enterprise software and enterprise mobile application companies. Based in New York City, BCV brings together an experienced investment team and active advisory board consisting of over 25 entrepreneurs and investors with deep operating and investment experience in the enterprise software sector. BCV''s software domain expertise and co-investment strategy of partnering with, rather than competing with, venture capital firms positions it as an ideal partner for entrepreneurs and venture portfolio companies looking to raise growth and late stage financing. For more information, visit .
Jacqui Emerson
Peppercomm
212-931-6191
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 09.10.2014 - 09:00 Uhr
Sprache: Deutsch
News-ID 1308724
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
NEW YORK, NY
Phone:
Kategorie:
Venture Capital
Anmerkungen:
Diese Pressemitteilung wurde bisher 203 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Blue Cloud Ventures Announces Successful Exit From Its Investment in BeyondTrust
"
steht unter der journalistisch-redaktionellen Verantwortung von
Blue Cloud Ventures (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
