.
MergerLinks Header Logo

Announced

Completed

Insight Partners led a $118m Series B round in MURAL.

Financials

Edit Data
Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

saas

United States

software solutions

Acquisition

Single Bidder

Minority

Completed

Software

Private Equity

content discovery

product design

Private

Friendly

Venture Capital

Domestic

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US