Announced
Completed
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saas
United States
software solutions
Acquisition
Single Bidder
Minority
Completed
Software
Private Equity
content discovery
product design
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Venture Capital
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Synopsis
Private equity firm, Insight Partners led a $118m Series B funding round in MURAL, a digital workspace software and solutions provider. The round saw investments from Tiger Global, Slack Fund, World Innovation Lab, and existing investor Gradient Ventures. Numerous other investors participated in the funding, including Ryan Smith, CEO and co-founder of Qualtrics; Bill Veghte, CEO of AthenePartners, former Microsoft SVP and former HP COO; and Allison Pickens, former COO of Gainsight. "MURAL has repeatedly supported massive implementations and met the exacting specifications of global enterprises. The company has shifted from a startup to a scaleup, not only growing revenue through rapid expansion within Fortune 500 companies, but also onboarding new enterprise customers and consulting partners at high velocity. Insight Partners looks forward to helping to accelerate market adoption of MURAL to support the future of team collaboration," Jeff Lieberman, Insight Partners Managing Director.
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