Summit Partners Provides Growth Capital to CoderPad

CoderPad Acquires CodinGame

October 13, 2021

Software

CoderPad, the San Francisco–based technical hiring platform, has acquired CodinGame, a France-based developer skill-building community and technical assessment platform. The deal brings CodinGame’s team and 2M+ developer community into CoderPad to expand its assessment, training and candidate-sourcing capabilities and accelerate skills-based hiring workflows.

Integrity Growth Partners Invests in ScalePad

July 20, 2021

Cloud & SaaS

Integrity Growth Partners made a significant, non-control growth equity investment in ScalePad, a Vancouver-based SaaS provider of asset lifecycle management for managed service providers (MSPs). The capital will support accelerated product and market growth while allowing ScalePad to remain independent and founder-led.

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 $30M Growth Capital in PriceLabs

July 28, 2022

Cloud & SaaS

PriceLabs received a $30 million minority growth investment from Summit Partners to accelerate product development and global team expansion for its dynamic pricing and revenue management SaaS for the short-term rental industry. The funding will support continued hiring and product enhancements as PriceLabs scales its platform, which serves hundreds of thousands of listings worldwide; Summit Partners' Colin Mistele joined PriceLabs' board.

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.

Francisco Partners Makes Strategic Growth Investment in Paradigm

October 13, 2021

Software

Francisco Partners has made a strategic growth investment in Paradigm, the software group that manages PracticePanther, Bill4Time, MerusCase and Headnote, to support product innovation and continued growth. Paradigm, formed by ASG and backed by Alpine Investors, will use the capital and Francisco Partners' software and payments expertise to expand its product suite and accelerate adoption among law firms; the transaction is expected to close in Q4 with terms undisclosed.