PSG Leads $100M Growth Investment in Bitwarden

PSG Leads $125M Growth Investment in HeroDevs

July 26, 2025

Cybersecurity

HeroDevs raised $125 million in a strategic growth investment led by PSG with participation from existing investor Album. The funding will be used to expand HeroDevs' Never-Ending Support solutions and includes a $20 million commitment to an Open Source Sustainability Fund to support end-of-life open-source projects.

PSG Equity Invests $80M Growth Round in CTERA

July 17, 2024

Cloud & SaaS

CTERA has raised $80 million in a primary and secondary growth investment from PSG Equity. The funding will support expansion of CTERA's hybrid cloud data platform and AI-driven data intelligence services; Ronen Nir of PSG has joined CTERA's board alongside existing investors Benchmark, Bessemer Venture Partners and Red Dot Capital Partners.

PSG Leads $11M Growth Investment in Beti

November 17, 2022

Construction

Beti, a Tel Aviv–based cloud construction site management software provider, raised an $11 million strategic growth round led by PSG with participation from 97212 Ventures. The funding will support Beti's product development and accelerate its U.S. expansion following the opening of a Brooklyn office, while continuing to serve its Israeli customer base.

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.

PSG Announces Strategic Investment in Sign In App

September 14, 2021

Cloud & SaaS

PSG, a growth equity firm, has made a strategic growth investment in Sign In App to accelerate the company's North American expansion and support product innovation. PSG advisors and investment professionals will join Sign In App's board; financial terms were not disclosed.

PSG Makes Growth Investment in Vault Verify

August 19, 2021

Cloud & SaaS

Vault Verify, a New Smyrna Beach-based HR technology company that automates employee and income verifications via API integrations, received a significant growth investment from PSG. PSG will take board seats (Adam Marcus and Govind Anand) with Brian Kelly joining as chairman, and the capital will be used to accelerate product innovation, expand channel partner relationships and enhance go-to-market efforts; financial terms were not disclosed.