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New Deal


Announced

Completed

Andreessen Horowitz led a $35m Series B funding round in Tackle.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Completed

Friendly

Acquisition

Private

software

Venture Capital

Minority

United States

cloud marketplaces

Private Equity

Domestic

Synopsis

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Andreessen Horowitz, a venture capital firm, led a $35m Series B funding round in Tackle, a platform that helps software companies initiate revenue channels with the cloud marketplaces. The round had participation from investor Bessemer Venture. “Cloud marketplaces have become a primary channel for selling software quickly and conveniently. Tackle is the leading player for enabling companies to sell software through the cloud," Martin Casado, Andreessen Horowitz General Partner.

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