About Updata

Updata Partners provides growth capital to software and software-enabled businesses. Led by an investment team averaging more than 25 years of technology experience, we invest in high-growth businesses where the combination of our capital and operating experience will help accelerate success. As former executives and entrepreneurs, Updata’s General Partners collaborate with management teams to build companies that stand out in their markets. With more than $750 million of committed capital since inception, we have provided growth equity funding to over 40 leading technology companies.

Updata invests in sectors we know well and in markets that we believe have high growth prospects. Companies in the “growth equity” stage have matured from idea to product development, have recorded meaningful sales, and have demonstrable proof points of market size and customer success. Capital is required to scale operations, expand to new markets, accelerate a new product launch, or provide liquidity to a founder or early investor. These situations are typically too large or complex for early-stage venture investors, and too small for later-stage private equity firms.

Investment Strategy

Updata focuses on investments that are primed for growth in sectors we know well and where we can add substantial value.

  • Sectors

    Infrastructure & Application software

    Software-as-a-Service

    Technology-enabled services

    Digital media / e-Commerce

  • Company Characteristics

    $5 - $50 million  revenue

    25%+ top line growth

    High gross margins and low capital expenditures

    Bootstrapped or minimal prior funding

    Non-Bay Area

  • Investment Characteristics

    $10 million to $20 million equity from Updata

    Up to $50 million with co-investment from our Limited Partners

    Meaningful ownership (minority or majority)

Case Studies

    @UpdataPartners  on Twitter

    #NetwrixSuccess: Netwrix named to the #Inc5000 list of the fastest growing companies for the 6th year in a row ow.ly/WPs630escHQ

    object(DateTime)#1786 (3) {
      ["date"]=>
      string(26) "2017-08-17 14:28:08.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    3 days ago

    @UpdataPartners  on Twitter

    #NetwrixSuccess: School district combats #ransomware and saves over $60,000 with Netwrix Auditor ow.ly/P5Pv30ef5Z8

    object(DateTime)#1779 (3) {
      ["date"]=>
      string(26) "2017-08-09 17:09:05.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    1 week ago

    @UpdataPartners  on Twitter

    @LendKey Announces Series C Funding ow.ly/xDcH30dMznz

    object(DateTime)#1816 (3) {
      ["date"]=>
      string(26) "2017-07-20 14:51:49.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    1 month ago

    @UpdataPartners  on Twitter

    @vineyardvines Taps @FirstInsight for Predictive Analytics ow.ly/Qc8R30dA4TR - via @wwd

    object(DateTime)#1786 (3) {
      ["date"]=>
      string(26) "2017-07-12 19:54:35.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    1 month ago

    @UpdataPartners  on Twitter

    #NetwrixSuccess: Zeon Chemicals saves hours on internal audits and gets ready for #JSOX ow.ly/nBE930dlHCx

    object(DateTime)#1779 (3) {
      ["date"]=>
      string(26) "2017-07-06 11:20:13.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    1 month ago

    @UpdataPartners  on Twitter

    @Netwrix Survey: SMBs Focus on Endpoint Security while Large Enterprises Prioritize Data Security ow.ly/p0mo30d1b9K

    object(DateTime)#1816 (3) {
      ["date"]=>
      string(26) "2017-06-28 15:12:24.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    1 month ago

    @UpdataPartners  on Twitter

    Congrats to Jill &team at Ruby Receptionists @callruby one of EY’s Pacific NW Entrepreneur of the Year Award winners ow.ly/lW9M30cEiFu

    object(DateTime)#1786 (3) {
      ["date"]=>
      string(26) "2017-06-16 14:32:38.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    2 months ago

    @UpdataPartners  on Twitter

    Congrats to @xebialabs - recognized by SD Times as a Best in Show leader in the DevOps software category ow.ly/yQVg30cEi54

    object(DateTime)#1779 (3) {
      ["date"]=>
      string(26) "2017-06-16 14:26:03.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    2 months ago

    @UpdataPartners  on Twitter

    #NetwrixSuccess: @WilliamWoodsU University resolves user issues in 15 min & limits damage from #ransomware ow.ly/FYYS30cmnUi

    object(DateTime)#1816 (3) {
      ["date"]=>
      string(26) "2017-06-08 14:52:22.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    2 months ago

    @UpdataPartners  on Twitter

    Netwrix experts to showcase Netwrix Auditor 9.0 at 2017 Infosecurity Europe ow.ly/IqCe30cbQvG #infosec17 #NetwrixTeam

    object(DateTime)#1786 (3) {
      ["date"]=>
      string(26) "2017-05-31 17:50:57.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    2 months ago

    @UpdataPartners  on Twitter

    The Challenges Of Product Development In A Connected World @jamasoftware ow.ly/6fMZ30c9MUF

    object(DateTime)#1779 (3) {
      ["date"]=>
      string(26) "2017-05-30 15:01:41.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    2 months ago

    @UpdataPartners  on Twitter

    Netwrix Auditor saves Danish local authority up to 40 hours per month on compliance monitoring ow.ly/56B830bXR3Q #NetwrixSuccess

    object(DateTime)#1816 (3) {
      ["date"]=>
      string(26) "2017-05-24 17:04:25.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    2 months ago

    @UpdataPartners  on Twitter

    @interactionsco acquires AI-based social media engagement innovator Digital Roots ow.ly/rXIR30bYiht

    object(DateTime)#1786 (3) {
      ["date"]=>
      string(26) "2017-05-23 15:00:55.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    2 months ago

    @UpdataPartners  on Twitter

    #NetwrixSuccess: Company announced strong results for Q1 2017, including 48% quarter-over-quarter sales growth ow.ly/AxU130bM4eD

    object(DateTime)#1779 (3) {
      ["date"]=>
      string(26) "2017-05-17 13:54:54.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    3 months ago

    @UpdataPartners  on Twitter

    @Netwrix introduces free add-on to strengthen the security of #Cisco network infrastructures ow.ly/h36N30bBb5r #NetwrixSuccess

    object(DateTime)#1816 (3) {
      ["date"]=>
      string(26) "2017-05-12 17:02:21.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    3 months ago

    @UpdataPartners  on Twitter

    @Nintex Recognised as one of the UK's Best Workplaces™ ow.ly/BSjX30bqo2x

    object(DateTime)#1786 (3) {
      ["date"]=>
      string(26) "2017-05-04 11:34:38.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    3 months ago

    @UpdataPartners  on Twitter

    @Netwrix introduces #NetwrixAuditor 9.0! Shield your IT infrastructure from #ransomware & malicious insiders ow.ly/PJoC30boElr

    object(DateTime)#1779 (3) {
      ["date"]=>
      string(26) "2017-05-03 15:17:43.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    3 months ago

    @UpdataPartners  on Twitter

    @PulsePointBuzz Expands Video Offering Through a Partnership with Tremor Video ow.ly/nkpM30bmfMb

    object(DateTime)#1816 (3) {
      ["date"]=>
      string(26) "2017-05-02 13:37:52.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    3 months ago

    @UpdataPartners  on Twitter

    Infographic: #Healthcare organizations reluctant to rush to the #cloud. More insights from @Netwrix here ow.ly/zhGl30aWAP5

    object(DateTime)#1786 (3) {
      ["date"]=>
      string(26) "2017-04-25 13:14:34.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    3 months ago

    @UpdataPartners  on Twitter

    According to @DCInnoTech, @VideoBlocks has had one hell of a ride in 2017 ow.ly/FlHR30b9tGO

    object(DateTime)#1779 (3) {
      ["date"]=>
      string(26) "2017-04-25 12:49:12.000000"
      ["timezone_type"]=>
      int(3)
      ["timezone"]=>
      string(3) "UTC"
    }
    
    3 months ago