Dragoneer Investment Group, Neuberger Berman, Insight Partners and Temasek to invest $120m in Duck Creek Technologies.

Dragoneer Investment Group, Neuberger Berman, Insight Partners and Temasek agreed to invest $120m in Duck Creek Technologies, a provider of SaaS-delivered enterprise software to the property & casualty insurance industry. "The partnership of these new investors with Duck Creek speaks to the momentum we have achieved as the SaaS leader in P&C core systems and the opportunities we see ahead. Our Platform’s ability to deliver real business value has driven our strong operating and financial performance. That success combined with this increased investment will power our growth – particularly through Duck Creek OnDemand, our industry-leading SaaS solution – and international expansion," Michael Jackowski, Duck Creek Chief Executive Officer.