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New Deal


Announced

Completed

TCV led a $200m Series E funding round in Aviatrix.

Financials

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Transaction Value£145m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Domestic

Venture Capital

United States

Friendly

Minority

Completed

Private

Acquisition

Private Equity

cloud network platform

software solutions

Synopsis

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TCV, a growth equity firm, led a $200m Series E funding round in Aviatrix, a provider of cloud networking and network security. Additional investors included Insight Partners, Tiger Global, CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners. "Aviatrix's ability to quickly deliver enterprise customer value and establish itself as mission-critical in these large organizations is both impressive and indicative of long-term growth," Tim McAdam, TCV General Partner.

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