Battery Ventures Invests in AdaCore

Battery Ventures Majority-Growth Investment in MadCap Software

January 11, 2022

Software

Battery Ventures has made a majority-growth investment in MadCap Software, a San Diego-based provider of single-source, multi-channel content authoring and publishing software. MadCap will use the funding to accelerate product enhancements, expand its services and global presence, improve go-to-market capabilities, and potentially pursue targeted acquisitions.

Battery Ventures Makes Significant Growth Investment in ORTEC

January 16, 2024

Data & Analytics

Battery Ventures has made a significant growth investment in ORTEC, a Netherlands-based provider of decision-support software and data-science services, to accelerate ORTEC’s product and geographic expansion. The partnership will support ORTEC’s reorganization into three divisions (logistics & routing, workforce management, and data science & consulting) and strengthen its presence in the US and Europe; ORTEC founders remain on the board.

Battery Ventures Makes Significant Investment in Tech Soft 3D

February 20, 2020

Software

Battery Ventures has made a significant growth investment in Tech Soft 3D, the Bend, Oregon-based provider of 3D software development toolkits (SDKs). Tech Soft 3D will use the capital to accelerate product development, scale globally and expand its product offerings through acquisitions; Battery partners will join the company's board.

SER Capital Invests $82M in Brightcore Energy

August 10, 2023

Renewable Energy

SER Capital Partners has committed $82 million to invest in Brightcore Energy to expand the company’s balance sheet and accelerate deployment of clean energy and efficiency projects. The growth capital will enable Brightcore to scale its Efficiency-as-a-Service offerings — including solar, LED lighting, HVAC/geothermal, EV charging and battery storage — and pursue additional project financing and acquisitions.

SER Capital Partners Invests $82M in Brightcore Energy

August 10, 2021

Renewable Energy

SER Capital Partners committed $82 million in growth capital to Brightcore Energy to expand the company’s balance sheet and accelerate deployment and financing of commercial clean energy and efficiency projects. Metric Point Capital acted as exclusive placement agent; the investment will support Brightcore’s solar, LED lighting, HVAC/geothermal, EV charging, battery storage and smart building offerings for commercial, industrial and institutional customers.

Battery Ventures Acquires GrammaTech's Software Products Division to Form CodeSecure

September 5, 2023

Cybersecurity

Battery Ventures has acquired GrammaTech's software products division, including the CodeSonar and CodeSentry product lines, and established the business as a new independent company, CodeSecure, Inc., headquartered in Bethesda, Maryland. The investment is intended to drive growth of the application security testing product portfolio and enable CodeSecure to expand across end markets such as automotive, aerospace & defense and medical devices while GrammaTech retains its cybersecurity research and services business.