Luminate Capital Partners to invest $250m in Axonify.

Luminate Capital Partners, a private equity firm focused on enterprise software, agreed to invest $250m in Axonify, a developer of educational software. “This milestone was achieved thanks to the Axonify team’s dedicated focus on empowering frontline workers and our fantastic investment partners JMI Equity, Harmony Partners and BDC Capital, as well as the hundreds of customers that we proudly serve as their frontline training and communications solution. We are thrilled to partner now with Luminate as they have a superb track record of guiding growth-oriented SaaS organizations," Carol Leaman, Axonify CEO and Co-Founder.