North Atlantic Capital is very pleased to announce the acquisition of Storyblocks by Great Hill Partners. North Atlantic Capital invested in Storyblocks in May 2015. Congratulations to the deep and talented team at Storyblocks, and to our co-investors Updata Partners and QED Investors. The investment in Storyblocks is another successful example of North Atlantic’s use [...]
Boston-based ed-tech company Ellevation Education has recently received a funding round from North Atlantic Capital. The funding will allow Ellevation to expand its sales and marketing team and increase spending on product offerings. Ellevation Education is a leading provider of English Language Learning (ELL) software solutions for school districts throughout the United States. Ellevation helps [...]
North Atlantic Capital is pleased to announce our recent investment in Boost Payment Solutions, Inc.
BoostBoost logo Payment Solutions is a global provider of B2B payment technologies that optimize the use and acceptance of commercial cards. Proudly celebrating ten years since its founding in January 2009, Boost has reinvented how commercial card payments are initiated, accepted and processed for thousands of companies around the world. As the only FinTech acquirer [...]
Springbot, a data-driven marketing platform for eCommerce retailers, announced it has closed $15 million in funding led by North Atlantic Capital with participation from existing investors TechOperators, TTV Capital, Harbert Growth Partners, TechSquare Labs, Forte Ventures and Silicon Valley Bank. Springbot will use the funding to continue developing innovative solutions that support the growth objectives [...]
Chartbeat, the content intelligence platform for the world’s leading publishers, today announced that the company has closed a $7 million funding round, led by North Atlantic Capital. The capital will enable Chartbeat to accelerate its leadership position in real-time analytics across desktop, social, and mobile platforms. To read the full press release, click here.
Zignal Labs, the leader in AI-powered media analytics and brand measurement, today announced they have raised $30 million in additional capital. Existing investors are going to be joined by new investors Blum Capital Partners and North Atlantic Capital. Zignal will further invest in its artificial intelligence (AI) powered platform, which leverages machine learning to [...]
Consumers want options when it comes to how they bank. Sixty percent say that it is important that their bank offers mobile and online services, according to a recent survey from the American Bankers Association. Banks and non-banks alike are rushing to meet the demand for digital services. To help community banks remain competitive in [...]
LendKey, the leading lending-as-a-service solution for banks and credit unions, today announced $13 million in Series C funding, $8 million in equity and $5 million in debt financing. North Atlantic Capital, based in Portland, ME, led the round with participation from each of LendKey's existing investors including DFJ, Updata Partners, Gotham Ventures, and TTV Capital [...]
Blue Ridge Networks | Announces contribution of its AppGuard® line of business to new Japanese joint venture company Blue Planet-works
An investor group led by ANA Holdings [TYO:9202], Dentsu [TYO:4324] and six other Japanese companies have capitalized Blue Planet-works (formerly KeepTree Japan) to form a new global leader in cyber security. Blue Ridge Networks contributed its AppGuard line of business for cash and significant equity ownership in the company to commence immediate global distribution of breakthrough AppGuard software and services for endpoint protection. [...]
We are pleased to announce the newest addition to the North Atlantic Venture Fund V, L.P. portfolio: NinthDecimal, Inc. Headquartered in San Francisco, CA, NinthDecimal is the preeminent marketing platform powered by location data. From the company’s experienced management team and industry-leading technology to its impressive growth and momentum, NinthDecimal is a strong match for North Atlantic’s [...]