Summit Partners Leads $110M Growth Round in Jungle Scout; Jungle Scout Acquires Downstream Impact
March 4, 2021
Jungle Scout raised $110 million in growth capital in a round led by Summit Partners with participation from Founder & CEO Greg Mercer to expand its ecommerce SaaS platform and support strategic investments. Concurrently, Jungle Scout acquired Seattle-based Downstream Impact, an AI-powered Amazon advertising technology provider, to bolster its advertising and ecommerce brand-management capabilities.
- Buyers
- Summit Partners, Jungle Scout, Greg Mercer
- Targets
- Jungle Scout, Downstream Impact
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Summit Partners Leads Growth Investment in NinjaRMM
March 12, 2020
Cloud & SaaS
NinjaRMM closed a growth equity financing round led by Summit Partners, which took a minority stake while leaving the company founder-led and independent. The capital will be used to accelerate product development and expand the company's cloud-based remote monitoring and endpoint management platform for MSPs, SMBs and mid-market customers.
-
Invictus Growth Partners Takes $37M Majority Stake in Campfire Interactive
September 24, 2024
Cloud & SaaS
Invictus Growth Partners has made a $37 million majority investment in Campfire Interactive, a Ann Arbor–based provider of SaaS profitability and forecasting software for manufacturers and automotive suppliers. The capital will be used to accelerate product innovation, expand sales and marketing, and scale Campfire’s machine-learning and analytics capabilities while existing investors retain a minority stake alongside the founders.
-
Summit Partners Leads $70M Minority Growth Investment in Formative
June 15, 2021
Education
Summit Partners led a $70 million minority growth investment in Formative, a SaaS-based K–12 student data and assessment platform, with participation from Emerson Collective, Fika Ventures, MaC/Mac Ventures and Rethink Education. The capital will fund product expansion, increased teacher and administrator support, and international growth while Summit’s Tom Jennings joins Formative’s board.
-
Summit Partners Invests $120M in Mavrck
December 16, 2021
Cloud & SaaS
Mavrck, an enterprise influencer marketing platform headquartered in Boston, closed a $120 million growth investment from global growth equity firm Summit Partners. The funding will accelerate Mavrck's product expansion and development of an operations cloud to scale social proof capabilities for consumer brands.
-
H.I.G. Growth Partners Invests in JumpCloud (Series E $100M)
January 12, 2021
Cloud & SaaS
H.I.G. Growth Partners (through an affiliate) invested in a $100 million Series E growth financing for JumpCloud, the Denver-area cloud-based directory and identity management platform. The capital will be used to expand product development, marketing and global sales as JumpCloud continues to scale its IAM, SSO, MFA and device management offerings.
-
Summit Partners Leads $625M Growth Investment in Invicti Security
October 20, 2021
Cybersecurity
Invicti Security, a leader in web application security (Acunetix and Netsparker), has secured a $625 million growth investment led by Summit Partners, with existing investor Turn/River Capital remaining a significant shareholder. The financing will support product expansion and global growth as Summit joins the board to help accelerate the company's rapid expansion.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.