Open English, as its name might suggest, is an online learning platform that helps non-English speakers learn the language and speak fluently. After developing the foundation for Open English in his home country of Venezuela in 2006, Andres Moreno took his idea north to Florida, where he launched the program commercially in 2008. Since then, Open English has flourished. Today, the startup employs… → Read More
Cvent, a major event management software company, last raised funding around the time the previous century ended.
Today, the company announced that it has raised funding for the second time in its – most fascinating – history, and it’s a whopper: Cvent has secured $136 million in venture capital financing from New Enterprise Associates and Insight Venture Partners, with Greenspring Associates… → Read More
Insight Venture Partners, the NYC-based investment firm that has backed companies like Twitter, Chegg, Flipboard and HauteLook, this morning announced the closing of two new funds with a combined $2 billion in commitments.
One fund, Insight Venture Partners VII, has received approximately $1.5 billion of institutional commitments and roughly $70 million of additional affiliate and friend… → Read More
Jagex, which claims to be the UK’s largest independent games developer and publisher and is the company behind the popular MMOG RuneScape, has raised new funding from Insight Venture Partners, Spectrum Equity Investors and The Raine Group. The undisclosed investment will “enable Jagex to accelerate growth of its development and publishing capabilities.” → Read More
Kony Solutions, provider of a so-called ‘write once, run everywhere’ mobile platform and vertical market mobile solutions, this morning announced that it has secured $19.1 million in Series A financing from Insight Venture Partners, the investment firm that boasts stakes in companies like Twitter, Chegg, Six Waves, Datacore Software and HauteLook.
Kony initially raised a tranche of $13.4 million… → Read More
OverDrive, which provides infrastructure and services for the distribution of digital content such as ebooks, audiobooks, music and videos, has raised capital from PE firm Insight Venture Partners, the New York-based backer of the likes of Twitter, Chegg, Privalia, Newegg and HauteLook.
The size of the financing round remains undisclosed, but OverDrive says it concerns a “major investment” and… → Read More
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