Condeco Software and Lovecrafts have joined the Future Fifty, a programme that gives companies immediate access to a valuable peer network; expert-led classes and workshops designed to take their businesses to the next level; and a higher profile amongst the wider tech ecosystem. Existing Highland Europe portfolio companies in the Future Fifty include NewVoiceMedia and Brandwatch.
Some more consolidation is afoot in the gaming industry. Take-Two Interactive, the games maker behind big titles like Grand Theft Auto, Civilization and BioShock that once rebuffed a $2 billion acquisition offer from EA, has made a definitive move into the world of mobile gaming: it has acquired Social Point, a publisher based out of Barcelona, for $250 million with additional earn-outs of up to $25.9 million
The first of half of 2016 is off to a roaring start for digital health investment and has reached $3.9 billion — that’s about $1B more than this time last year, according to a report from StartUp Health. Many of the investments in the first six months of the year reflected the development of digital health outside the U.S. in places like Israel, China and India, especially in telemedicine
Segmentation for retargeting is often a very manual process that relies heavily on what someone’s done in the past.
App marketing platform Jampp wants to help advertisers craft predictive segments that anticipate what someone will likely do in the future.Jampp’s predictive segments technology, which exited beta on Thursday, uses machine learning to analyze around 800 million daily in-app events and behaviors signals.
Fosway, Europe’s leading independent HR analyst, have rated Talentsoft a “Core Challenger” in their latest 9-Grid™ (www.fosway.com/9-grid) report on Integrated Talent Management systems. The Fosway 9-Grid™ allows organisations to compare solutions based on Performance, Potential, Market Presence, Total Cost of Ownership and Future Trajectory.
After raising $50 million earlier this year from Fidelity, security startup Malwarebytes said that it would use some of the funding for acquisitions, and today comes some related news. The company is acquiring a startup out of France called AdwCleaner, whose product specifically tackles and removes adware and has seen a total of 200 million downloads across Windows XP, Vista, 7, 8, 8.1, 10 in 32 and 64-bit platforms.
ContentSquare, an experience optimization platform for online and mobile businesses, announces today the completion of $20 million in Series B funding. The capital investment by Highland Capital Partners will support ContentSquare’s global expansion and attract new talent to advance the company’s vision.
Photobox, Privalia, and myOptique have all exited recently for a combined value in excess of $1 billion (£770 million). The investments delivered meaningful profit to Highland Capital Partners – the funds from which the firm I co-founded, Highland Europe, was born. The combined revenue of the three companies at the time we invested was approximately $50 million, and all were burning cash. In 2016, together they will deliver close to $1 billion in revenue and significant profitability.
Growth stage or growth equity tech investing is on the rise in Europe. According to Invest Europe, growth investments rose 11% year-on-year in 2015 to reach €6.5 billion ($7.3 billion), reflecting the increasing number of European companies leaving their startup years behind them to embark on the next stage of their life cycle.
At Highland Europe, one of the things we’re most often asked about is how to fundraise successfully. From selecting the right investors in the first place - and how to engineer introductions to them - to getting the market timing right, raising investment can often seem a bit like a game of snakes and ladders, with a few extra snakes thrown in for good measure. It needn’t be, so long as you get the fundamentals right.