Battery Ventures Agrees to Lead Growth Equity Investment in Signal AI

Battery Ventures Takes Majority Stake in Signiant

January 8, 2025

Cloud & SaaS

Battery Ventures has made a majority growth investment in Signiant, a Lexington, Massachusetts-based provider of cloud-native file transfer SaaS for the media industry. The terms were not disclosed; Signiant will use the funds to accelerate product development, go-to-market expansion and pursue potential acquisitions, and two Battery partners will join Signiant's board.

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 Invests in Ascendant

January 19, 2023

Payments & Fintech

Battery Ventures has agreed to make a significant strategic investment in Ascendant (AscendantFX Capital Inc.), becoming the company's primary investor to accelerate product innovation, network expansion and growth. Ascendant, a Toronto-based cross-border payments fintech serving over 2,000 financial institutions and corporate customers, said the transaction is expected to close in H1 2023 subject to regulatory approval; Raymond James acted as Ascendant's exclusive financial advisor.

Kayne Partners Fund Leads $20M Growth Investment in Signal Automotive

November 10, 2020

Automotive

Signal Automotive, a technology-enabled wholesale automotive platform, raised $20 million in growth financing led by Kayne Partners Fund (the growth private equity group of Kayne Anderson Capital Advisors). The capital will be used to expand Signal's dealer network across North America and further develop its technology platform and data analytics capabilities.

Battery Ventures Makes Majority Growth Investment in QSR Automations

November 1, 2024

Software

Battery Ventures has made a majority growth investment in QSR Automations, a Louisville-based provider of restaurant technology solutions including its ConnectSmart platform. The investment will support product development, scale the business, and expand market reach while Battery partners join QSR Automations' board and a Battery executive will become CEO.

Broadridge Acquires Signal

August 19, 2025

Marketing & Advertising

Broadridge Financial Solutions has acquired Signal, a UK customer communications specialist, to expand its digital communications capabilities and accelerate its footprint across the UK and Europe. The deal adds Signal's omnichannel technology, design, consulting and managed print services to Broadridge's global financial communications platform.