JMI Equity

  • Classy raises $30 million to help nonprofits raise donations, make a greater impact

    Classy raises $30 million to help nonprofits raise donations, make a greater impact

    A San Diego startup called Classy has raised $30 million for software-as-a-service that helps nonprofits raise donations online, and keep supporters engaged in a good cause for the long run. Specifically, Classy helps 501c3 or other nonprofit organizations to run crowdfunding, online and mobile campaigns, awareness and fundraising events all under one roof. This makes it possible for nonprofits… Read More

  • Schoology Cloud-Based Education Platform Lands $32 Million Series D

    Schoology Cloud-Based Education Platform Lands $32 Million Series D

    Schoology, the learning management system that focuses on cloud collaboration, has today announced the close of a $32 million Series D financing led by JMI Equity, with participation from existing investors including FirstMark Capital, Intel Capital and Great Road Holdings. Schoology was founded back in 2009 and has pressed through the education sector’s slow pace of innovation to bring… Read More

  • Code42 Snares Huge $85M Series B Investment

    Code42 Snares Huge $85M Series B Investment

    Code42, the Minneapolis-based developers of the Crashplan enterprise backup tool, announced a massive $85 million round today. Code42 doesn’t do them small. It has had only one previous round for $52.5 million at the beginning of 2012. The company could have gotten more if it wanted it, according to CEO Joe Payne. “This was the amount of money we needed for the next stage of… Read More

  • Resource Nation Acquires Business.com Brand, Assets (With A Little Help From JMI Equity)

    Resource Nation today announced that it has acquired the brand and associated assets of Business.com, an online marketplace for business-to-business solutions. Growth equity firm JMI Equity provided an undisclosed amount of funding in support of the transaction – terms of the deal were not disclosed. Read More

  • Hold The Phone – Adknowledge Raises $200 Million, Plans Acquisitions

    Hold The Phone – Adknowledge Raises $200 Million, Plans Acquisitions

    Did I say online advertising company Adknowledge raised $45 million in venture capital? I did, and they did, but Adknowledge actually secured more than four times as much in total consideration, in a combination of debt and equity financing. I’m still waiting for someone at Adknowledge to get back to my requests for information, but this morning they publicly announced that… Read More