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.
Governor Andrew M. Cuomo today announced the creation of a Life Science Advisory Board charged with furthering a thriving life science industry in New York State. The Board will consist of 15 leading experts in academia, the pharmaceutical and biotechnology industries and venture capital. The Board will advise the State's $620 million Life Science Initiative announced by Governor Cuomo in December 2016 to fuel the growth of a world- class life science cluster in New York.
Anton Levy, Managing Director and Global Head of General Atlantic’s Internet & Technology Sector, was named #33 of 100 to Forbes’ Midas List of Top Tech Investors for 2018. This is the fourth consecutive year that Anton has been named to the Midas List.
Landmark Health (“Landmark” or the “Company”), a leading provider of in-home, risk-based medical care, is pleased to announce that General Atlantic, a leading global growth equity firm, has made a strategic investment in the Company.
General Atlantic, a leading global growth equity firm, announced today that Justin Lindsey, former Chief Analytics Officer of BAMTECH Media, has joined the firm as an Operating Partner. Mr. Lindsey will be part of General Atlantic’s Resources Group, providing expertise and strategic counsel to the firm’s investment teams and portfolio companies. As a data scientist and AI/machine-learning expert, Mr. Lindsey will identify opportunities at General Atlantic’s portfolio companies to leverage data and analytics in order to help drive revenue growth and operational improvements. He will be based in the firm’s New York office.
BlackRock, Inc. (NYSE: BLK) has elected William E. Ford, Chief Executive Officer of General Atlantic, Margaret L. “Peggy” Johnson, Executive Vice President of Business Development at Microsoft Corporation and Mark Wilson, Chief Executive Officer of Aviva plc, to the Company’s Board as independent directors.
ProSiebenSat.1 Group, one of the largest independent media companies in Europe, is entering a long-term partnership with General Atlantic, a leading global growth equity firm, to help drive the strategic development of its Commerce business. ProSiebenSat.1 Group formed NuCom Group on January 1, 2018, which will unite ten strategic investments from its Commerce business - including Verivox, Parship Elite Group and Jochen Schweizer mydays Group. General Atlantic’s investment will give it a 25.1 percent stake in NuCom Group, based on an enterprise value of EUR 1.8 billion.
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.
Jonathan Korngold, Managing Director and Global Head of General Atlantic's Financial Services Sector, was named the top investor (and #2 overall) to Institutional Investor's "Fintech Finance 40," a list of top players in fintech investing. He was named #1 to Institutional Investor’s “Fintech Finance 35” last year.
Alkami Technology Inc., a leading provider of digital banking solutions to credit unions and banks, announced today that General Atlantic, a leading global growth equity firm, has made a strategic investment in the company. General Atlantic will be joining existing investors S3 Ventures, Argonaut Private Equity, and a number of other strategic fintech investors in Alkami’s next stage of innovation, growth, and expansion.
Eric Zhang, Managing Director and Head of China at General Atlantic, was named “Influential PE Investor of the Year 2017”, and General Atlantic was named “Influential PE Investment Firm of the Year 2017” by China Renaissance. China Renaissance, a leading Chinese financial advisor, selects these annual awards to honor the year’s most impressive investment professionals and private equity firms in China.