CrowdStrike® Inc., the leader in cloud-delivered endpoint protection, today announced that the company has executed a financing round of over $200 million, led by General Atlantic, Accel and IVP, with participation from March Capital and CapitalG. Following this round, the company has achieved a valuation of more than $3 billion.
TPG Growth and The Rise Fund today announced that they have signed an agreement to acquire CLEAResult, the country’s leading provider of energy efficiency solutions for utility companies. TPG Growth, the middle-market and growth equity platform within TPG, and The Rise Fund, a global impact investing fund managed by TPG, will be co-investors in acquiring the company from General Atlantic, a leading global growth equity firm. Financial terms of the transaction were not disclosed. The transaction, which is expected to close later in 2018, is subject to customary closing conditions, including regulatory approval.
Opendoor, an online real estate marketplace that radically simplifies home buying and selling, announced the closing of its $325M Series E funding round. The round was co-led by General Atlantic, Access Technology Ventures, and Lennar Corporation (the largest homebuilder in the U.S.), with additional participation from new investors Andreessen Horowitz, Coatue Management, 10100 Fund, and Invitation Homes (a leading property owner of homes for lease in the U.S.). Existing investors Norwest Venture Partners, Lakestar, GGV Capital, NEA, and Khosla Ventures also participated in the round.
General Atlantic, a leading global growth equity firm, announced today that Mark Garrett, former Executive Vice President and Chief Financial Officer of Adobe Systems, Inc., has joined the firm as a Special Advisor. Mr. Garrett will leverage his enterprise and consumer technology expertise to provide strategic support and advice to the firm’s investment teams and portfolio companies in the Technology sector.
OpenClassrooms, a leading online higher education platform, announced today that it has raised circa $60 million in Series B funding. The funding round was led by General Atlantic, a leading global growth equity firm, as well as three existing investors.
Benevity, Inc., a global provider of corporate social responsibility and employee engagement software, announced today that General Atlantic, a leading global growth equity firm, has made a strategic investment in the company. This investment comes as Benevity achieves record client growth with its workplace giving, volunteering and community investment technology, which revitalizes traditional corporate philanthropy by helping businesses infuse purpose and meaning into their corporate cultures and consumer-facing brands. In its next phase of growth, Benevity expects to continue to innovate its products and services, expand its charitable network of almost two million charities and nonprofits, and scale its operations to maximize efficiencies and reach new markets.
Mafengwo, a leading Chinese independent online travel platform, announced today that it has closed its Series D fundraising round of $133 million. New investors in this fundraising round include General Atlantic, a leading global growth equity firm, Ocean Link, a private equity firm focused on the fast-growing travel and tourism sector in China, Temasek, an investment company headquartered in Singapore, Yuantai Investment, and Hopu. Existing investors including Capital Today, Qiming Venture Partners, and Hillhouse Capital also participated in this latest financing round.
Typeform, a conversational data collection platform, announced today that it has raised $35 million in Series B funding. The funding round is being led by General Atlantic, a leading global growth equity firm. Existing investors including Index Ventures, Point Nine, and Connect Ventures also participated in the fundraising round. This latest round of funding will help Typeform further accelerate expansion of its platform, product development, and international growth.
ManoMano, a leading European online marketplace for DIY and gardening products, announced today that it has raised €60 million in Series C funding led by General Atlantic, a leading global growth equity firm. Existing investors Piton Capital, Partech Ventures, and Bpifrance also participated in the fundraising round. This latest round of funding will help ManoMano accelerate growth by continuing to drive innovation and product development and reinforcing its presence across Europe.
SnapAV, a leading vertically-integrated supplier in the rapidly growing connected home sector, today announced that affiliates of Hellman & Friedman LLC ("H&F") have entered into a definitive agreement to acquire the company from General Atlantic.