11.07.2024 | Portfolio Companies in the News

Malwarebytes Acquires AzireVPN to Strengthen Security and Privacy Offerings

SANTA CLARA, Calif., Nov. 7, 2024 /PRNewswire/ -- Malwarebytes, a global leader in real-time cyber protection, today announced the acquisition of AzireVPN, a renowned privacy-focused VPN provider. Malwarebytes has long been a defender of user privacy through its portfolio of consumer solutions, including Malwarebytes Privacy VPN and its free ad and scam blocker web extension Malwarebytes Browser Guard. This acquisition further supports the company's mission to reimagine consumer cybersecurity to protect devices and data, no matter where users are located, how they work and play, or the size of their wallet.

11.06.2024 | Portfolio Companies in the News

Reconext Appoints Shahriyar Rahmati as Chief Executive Officer

NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Reconext is pleased to announce the appointment of Shahriyar Rahmati as Chief Executive Officer, effective immediately. Mr. Rahmati brings extensive leadership experience and a strategic vision that aligns seamlessly with Reconext's mission and ambitions for future growth.

10.23.2024 | Vector Capital News

LivePerson Announces New Board Nominee and Additional Board of Directors Refreshment

NEW YORK, Oct. 23, 2024 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN) (the "Company"), the enterprise leader in digital-first customer conversations, has entered into a cooperation agreement (the "Cooperation Agreement") with Vector Capital Management, L.P. (collectively with its affiliates, "Vector"), which owns approximately 12% of the Company's outstanding common stock.

10.15.2024 | Vector Capital News

Back to the B2B Software Future

As Amish Mehta rejoins Vector Capital Management LP, B2B software market conditions are reminiscent of his first stint at the firm, which started more than 20 years ago.

10.02.2024 | Vector Capital News

Veteran Technology and Software Investor Amish Mehta Rejoins Vector Capital as Managing Director

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private investment firm specializing in transformational investments in established technology businesses, today announced Amish Mehta has rejoined the firm as a Managing Director and Investment Committee member. A highly experienced technology industry executive, Mr. Mehta will also serve on Vector Capital’s Investment Committee alongside Alex Slusky, Founder and Chief Investment Officer, and Rob Amen, a Managing Director.

08.24.2024 | Portfolio Companies in the News

A space company is headed to Mars this fall. No, it's not SpaceX.

During a solar storm, the sun unleashes a torrent of radiation into space.

If you're on Earth, the planet's atmosphere and magnetic field shield you against the most harmful health impacts. But if you were on Mars some 140 million miles away, how those gusts of energy would affect you and the rest of the Red Planet are less clear.

07.25.2024 | Vector Capital News

IntelePeer Secures $140 Million Strategic Growth Investment to Drive the Development of AI Agents for Improved Customer Experiences

Dania Beach, FL, July 25, 2024 – IntelePeer, a leading AI-powered Communications Automation provider, today announced the completion of $140 million in new growth funding and debt financing. This strategic growth investment was co-led by Savant Growth LLC and VantagePoint Capital Partners with support from Savant limited partners including Coller Capital, Hollyport Capital, Manulife Investment Management and Achmea. Vector Capital, through its newly formed direct credit strategy, Vector Velocity, led the debt financing. Stifel, Nicolaus & Company, Inc. served as financial advisor to IntelePeer. The new financing allows for the continued execution of IntelePeer’s vision to reinvent the contact center and reimagine the customer experience through AI and automation.

08.25.2023 | Portfolio Companies in the News

Malwarebytes Announces Acquisition of Leading Online Privacy Company Cyrus

Santa Clara, Calif. – August 24, 2023 – Malwarebytes, a global leader in real-time cyber protection, announced the acquisition of Cyrus, a disruptive innovator in online privacy solutions. This strategic acquisition reinforces Malwarebytes’ commitment to privacy by giving users more control over their information, no matter where or how they choose to browse and interact online. The Cyrus team and technology will also help Malwarebytes strengthen its mobile privacy solutions.

07.11.2023 | Vector Capital News

Vector Capital Completes Acquisition of Riverbed Technology

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global organizations. In connection with the close of the transaction, Dave Donatelli has been named Chief Executive Officer, effective immediately. Dan Smoot, who previously served as CEO, will continue to support the Company on a transitional basis.

06.08.2023 | Vector Capital News

Riverbed Follows New Course in Vector Deal Flow

The recent purchase of Riverbed Technology LLC reflects a burgeoning niche for middle-market technology turnaround investor Vector Capital Management LP: buying companies from lenders who converted debt to equity through reorganizations.