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% - 100%+ growth

    High gross margins and low capital expenditures

    Bootstrapped or minimal prior funding

    Non-Bay Area

  • Investment Characteristics

    $10 - $25 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

    @Netwrix acquires Concept Searching to expand data security offerings ow.ly/xGbS30mRrA1

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    2 weeks ago

    @UpdataPartners  on Twitter

    Updata's General Partner Carter Griffin will join lineup on leading investors and industry playmakers to discuss ma… twitter.com/i/web/status/1…

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    3 weeks ago

    @UpdataPartners  on Twitter

    @HGData acquires Pivotal iQ. ow.ly/A13E30lY5iG

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    2 months ago

    @UpdataPartners  on Twitter

    Congrats to Amanda Lannert, CEO of @Jellyvision, for being the ITA CEO of the Year! ow.ly/6XjD30lR6W8

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    3 months ago

    @UpdataPartners  on Twitter

    Watch @LendKey 's CEO discuss student loan debt on Fox Business News ow.ly/AvZn30leNjC

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    4 months ago

    @UpdataPartners  on Twitter

    Congrats to Ruby Receptionists for making the 2018 List of PEOPLE's 50 Companies That Care! @callruby ow.ly/xKDD30ldCsp

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    4 months ago

    @UpdataPartners  on Twitter

    @LendKey Names Lewis Goldman Chief Marketing Officer ow.ly/TVgi30knc3L

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    6 months ago

    @UpdataPartners  on Twitter

    @LendKey is Awarded Recognition as a Great Place to Work® by Fortune ow.ly/MOaB30khXlS

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    6 months ago

    @UpdataPartners  on Twitter

    Thoma Bravo Completes Majority Investment in Nintex ow.ly/lnSK30jlay9

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    8 months ago

    @UpdataPartners  on Twitter

    @Netwrix appoints Steve Dickson as Chief Executive Officer ow.ly/jOi730jlare

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    8 months ago

    @UpdataPartners  on Twitter

    @HGData Announces Elizabeth Cholawsky as Chief Executive Officer ow.ly/uTjL30jlajU

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    8 months ago

    @UpdataPartners  on Twitter

    Netwrix & SysAdmin Magazine announce finalists for the 2018 #SysAdmin Blog Awards! The awards recognize the brighte… twitter.com/i/web/status/9…

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    9 months ago

    @UpdataPartners  on Twitter

    Netwrix becomes an approved CPE provider netwrix.com/netwrix_become…

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    10 months ago

    @UpdataPartners  on Twitter

    @Jellyvision's award-winning CEO, Amanda Lannert, built her company's top workplace culture using 5 simple concepts… twitter.com/i/web/status/9…

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    10 months ago

    @UpdataPartners  on Twitter

    Netwrix has been shortlisted in the Best Database Security Solution category at the 2018 #SCAwards for the third ye… twitter.com/i/web/status/9…

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    10 months ago

    @UpdataPartners  on Twitter

    Watch @LendKey and Givling Pay off $50k in Student Loan Debt! youtube.com/watch?v=BrO4gP…

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    10 months ago

    @UpdataPartners  on Twitter

    Netwrix #Charity: The company stays committed to its charity initiatives in 2018 & helps UNISEF USA address the lon… twitter.com/i/web/status/9…

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    11 months ago

    @UpdataPartners  on Twitter

    @FirstInsight Unveils Price Elasticity Prediction Tool ow.ly/3DRz30hBJNH

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    11 months ago

    @UpdataPartners  on Twitter

    @BRIDGEEnergyGrp Appoints Dr. Ray Gogel to Board of Directors ow.ly/wO0T30hA1SM

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    11 months ago

    @UpdataPartners  on Twitter

    Winners Announced for First-Ever PDX Women in Technology Awards-Best Contributor Award goes to Katharine Nester, ch… twitter.com/i/web/status/9…

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    11 months ago