Insight Venture Partners

Last updated
Insight Venture Management, LLC
Private
Industry Private Equity
FounderJeff Horing
Jerry Murdock 1995
Headquarters1114 Avenue of the Americas, New York City, New York, U.S.
Total assets $18 billion
Number of employees
110+
Website insightpartners.com

Insight Venture Management, LLC, doing business as Insight Partners (and originally known as Insight Venture Partners), is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses. [1] [2]

Private equity typically refers to investment funds, generally organized as limited partnerships, that buy and restructure companies that are not publicly traded.

Software non-tangible executable component of a computer

Computer software, or simply software, is a collection of data or computer instructions that tell the computer how to work. This is in contrast to physical hardware, from which the system is built and actually performs the work. In computer science and software engineering, computer software is all information processed by computer systems, programs and data. Computer software includes computer programs, libraries and related non-executable data, such as online documentation or digital media. Computer hardware and software require each other and neither can be realistically used on its own.

Internet Global system of connected computer networks

The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide. It is a network of networks that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing. Some publications no longer capitalize "internet".

Contents

Founding and history

Insight Partners was founded in 1995 by Jeff Horing and Jerry Murdock. Since its inception, Insight Partners has raised more than $23 billion [3] of capital to invest, including $4.75 billion in 2015. [4] In March 2019, Insight Venture Partners changed its name to Insight Partners. [5]

Investment approach and portfolio

Insight Partners has raised nine funds and invested in more than 300 companies. [6] The firm has investments in 65 countries on six continents. [7]

Investment Portfolio
InvestmentInvestment Type & TotalInvestment Date
Automile [8] Series B, $34MOctober, 2017
Achieve3000 [9] Series C, $9MJuly, 2007
Alibaba [10] $4BOctober, 2014

Investments include Anaqua, [11] Appriss, [12] Cvent, [13] Campaign Monitor, [14] Diligent, [15] Docker, [16] Drillinginfo, [17] E2open, [18] EveryAction, [19] FireMon, [20] Fourth bought from ECI Partners, [21] HelloFresh, [22] Hootsuite, [23] Indiegogo, [24] iParadigms, [25] Kaseya, [26] LogTrust, [27] Mimecast, [28] Ministry Brands, [29] Numetric, [30] Qualtrics, [31] Receipt Bank, [32] Shopify, [33] SpotHero, [34] Tenable, [35] Tricentis, [36] Tritech, [37] Twitter, [38] Tumblr. [39] Unitrends, [40] and Workforce. [41]

Docker, Inc is the company behind development of Docker (software), an open-source project that automates the deployment of code inside software containers. Docker, Inc had over 423 employees in 2015 and is based in San Francisco, California

ECI Partners

ECI Partners is a growth focused private equity group established by the Bank of England in 1976. It invests in growth companies headquartered in the United Kingdom and Ireland across 3 sectors.

Hootsuite Hootsuite is a social network management platform created to interact, listen and analyze results

Hootsuite is a social media management platform, created by Ryan Holmes in 2008. The system's user interface takes the form of a dashboard, and supports social network integrations for Twitter, Facebook, Instagram, LinkedIn, Google+ and YouTube.

Insight's investments include growth equity, capital for M&A, buyouts, take-privates, pre-IPO rounds and recapitalizations. The firm engages in majority and minority investments.

Awards and recognition

Insight Partners' work has been recognized on several awards and rankings, including the Forbes Midas List, Forbes 30 Under 30: Venture Capital and the Private Equity International Awards: PEI 300. In 2017, Business Insider ranked Insight Partners #7 on the outlet’s list of most prominent venture capital investors in Europe.

Additionally, Fortune magazine listed Insight Partners as one of the top-performing 20 funds as determined by cumulative distribution divided by called capital from 2000 to 2011. [42] [43]

A capital call is a legal right of an investment firm or an insurance firm to demand a portion of the money promised to it by an investor. A capital call fund would be the money that had been committed to the fund. The capital call is the act of actually transferring the promised funds to the investment target. A capital call agreement defines capital call terms.

The California Public Employees' Retirement System (CalPERS) reported over $100 million invested in two Insight funds by 2011, with internal rate of return over 20%. [44]

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References

  1. ↑ "Insight Venture Partners Raises A Whopping $2.57 Billion For Next Fund". Tech Crunch. May 28, 2013. Retrieved January 29, 2017.
  2. ↑ "Insight Venture Partners Closes Sixth Fund at USD1.25bn". Press release. Private Equity Wire. June 27, 2007. Archived from the original on September 22, 2008. Retrieved January 29, 2017.
  3. ↑ "Bullhorn Partners with Insight Ventures to Power Next Phase of Its Growth". www.businesswire.com. Retrieved 2017-12-08.
  4. ↑ "Insight Venture Partners rakes in $4.75B for two new funds". New York Business Journal. Aug 11, 2015. Retrieved March 23, 2017.
  5. ↑ Lunden, Ingrid. "PayIt, a payments platform designed for public services, raises $100M+ from Insight Partners". TechCrunch. Retrieved 2019-04-10.
  6. ↑ (https://www.insightpartners.com), Insight Venture Partners 2017 (2017-07-18). "SpotHero Secures $30 Million to Accelerate Market Expansion, Business Partnerships and Product Innovation | Press | Insight Venture Partners". Insight Venture Partners. Retrieved 2017-09-01.
  7. ↑ "Insight Venture Partners - About" . Retrieved March 29, 2017.
  8. ↑ "Automile Raises $34 Million To Continue Growth Trajectory | Blog". Blog. 2017-10-19. Retrieved 2017-12-08.
  9. ↑ "Achieve 3000 overview". Crunchbase. March 14, 2017. Retrieved May 1, 2017.
  10. ↑ "Alibaba Backer Insight Venture Said to Seek $4 Billion". Bloomberg Technology. October 31, 2014. Retrieved March 29, 2017.
  11. ↑ "Beacon Equity Sells Anaqua To Insight Venture". Value Walk. July 24, 2013. Retrieved May 1, 2017.
  12. ↑ "With new equity partner, Appriss plans several acquisitions in 2015". bizjournals.com. July 2, 2015. Retrieved May 1, 2017.
  13. ↑ "Cvent Receives $136 Million Investment Led by New Enterprise Associates and Insight Venture Partners". Cvent. July 20, 2011. Retrieved March 29, 2017.
  14. ↑ "Australia's Campaign Monitor Raises $250 Million from Insight". The Wall Street Journal. April 16, 2014. Retrieved May 1, 2017.
  15. ↑ "Insight Venture Partners to Buy New Zealand Software Firm Diligent". The Wall Street Journal. February 14, 2016. Retrieved May 1, 2017.
  16. ↑ "Docker Raises $95M Series D Round For Its Container Platform". Tech Crunch. April 14, 2015. Retrieved March 29, 2017.
  17. ↑ "PE-backed Drilling Info to buy GlobalView Software". The PE Hub Network. October 13, 2016. Retrieved May 1, 2017.
  18. ↑ "Insight Venture Partners to Buy E2open for $273 Million". The Wall Street Journal. February 5, 2015. Retrieved May 1, 2017.
  19. ↑ GmbH, finanzen.net. "EveryAction Receives Growth Investment From Insight Venture Partners | Markets Insider". markets.businessinsider.com. Retrieved 2018-08-24.
  20. ↑ "Insight Venture Partners acquires majority interest in security intelligence company FireMon". June 11, 2014. Retrieved May 1, 2017.
  21. ↑ "British restaurant IT supplier in US sale". The Telegraph. June 23, 2015. Retrieved May 1, 2017.
  22. ↑ "HelloFresh Cooks Up $50 Million Series D From Insight Venture Partners". Tech Crunch. June 18, 2014. Retrieved March 29, 2017.
  23. ↑ "HootSuite Raises $165M Series B Round From Insight, Accel And OMERS To GO Large On Enterprise Social Media Monitoring". Tech Crunch. August 1, 2013. Retrieved March 29, 2017.
  24. ↑ "Indiegogo Raises $15 Million Underscoring Strong Crowdfunding Growth". Indiegogo. June 6, 2012. Retrieved March 29, 2017.
  25. ↑ "Insight Venture Partners Confirms Deal to Buy iParadigms". The Wall Street Journal. June 2, 2014. Retrieved May 1, 2017.
  26. ↑ "Insight Venture Partners Acquires Kaseya". July 1, 2013. Retrieved May 1, 2017.
  27. ↑ "LogTrust Announces $35 Million in Funding from Insight Venture Partners - Logtrust". www.logtrust.com. Retrieved 2017-12-08.
  28. ↑ "Mimecast secures $62 Million Investment from Insight Venture Partners". Mimecase. September 27, 2012. Retrieved March 29, 2017.
  29. ↑ "Insight Venture Partners to Back Software Provider Ministry Brands". The Wall Street Journal. October 31, 2016. Retrieved May 1, 2017.
  30. ↑ Numetric. "Leading Business Analytics Platform, Numetric, Raises Nearly $13M to Bring Better, Faster Business Analytics to the Masses". www.prnewswire.com. Retrieved 2017-12-08.
  31. ↑ "Qualtrics' Ambitions Don't Stop With $150 Million In Funding". Forbes. September 24, 2014. Retrieved March 29, 2017.
  32. ↑ Bell, Henry. "Receipt Bank Raises $50 million Series B Funding from Insight Venture Partners" . Retrieved 2017-12-08.
  33. ↑ "Shopify Raises $100M to Drop The 'E' And Become The Commerce Company That Spans On And Offline". Tech Crunch. December 11, 2013. Retrieved March 29, 2017.
  34. ↑ Matney, Lucas. "On-Demand Parking Service SpotHero Raises $20M In Series B". TechCrunch. Retrieved 2017-12-12.
  35. ↑ "Tenable raises $250 million in record cyber funding round". Reuters. November 10, 2015. Retrieved May 1, 2017.
  36. ↑ "Insight Venture Partners invests $165 million in automated testing startup Tricentis". Tech Crunch. January 23, 2017. Retrieved May 1, 2017.
  37. ↑ "FFL exits public safety firm TriTech". The PE Hub Network. November 21, 2014. Retrieved May 1, 2017.
  38. ↑ "Meet Twitter's Newest Investor: Insight Venture Partners". The Wall Street Journal. September 28, 2009. Retrieved March 29, 2017.
  39. ↑ "Tumblr Lands $85 Million in Funding". The New York Times. September 26, 2011. Retrieved March 29, 2017.
  40. ↑ "All-In-One Backup Provider Unitrends Acquired By Insight Venture Partners". CRN. October 31, 2013. Retrieved May 1, 2017.
  41. ↑ "WorkForce Software Receives Majority Equity Investment Insight Venture Partners". FinSMEs. April 24, 2014. Retrieved May 1, 2017.
  42. ↑ "2016 Midas Newcomers: The Latest VCs to Strike Gold In Tech". Forbes. March 23, 2016. Retrieved March 29, 2017.
  43. ↑ "Exclusive: Returns for Brand Name VC Funds". Forbes. March 23, 2016. Retrieved March 29, 2017.
  44. ↑ "AIM Program Fund Performance Review". CalPERS. September 30, 2011. Archived from the original on April 19, 2012. Retrieved January 29, 2017.
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