Announced
Completed
Financials
Sources
Tags
Completed
Cross Border
Venture Capital
Friendly
Software
Private Equity
Private
saas
United States
software
Acquisition
Single Bidder
Minority
information technology
Synopsis
Maverick led a $75m Series B round in Coherent, with participation from Owl Rock, GreatPoint Ventures, Cathay Innovation and Franklin Templeton. “Today’s collaborative business world demands a fresh approach for IT teams to build software in a quick and cost-effective way. Coherent Spark is on track to become the standard for managing business logic and operations ubiquitous in spreadsheets everywhere. We are excited to support Coherent’s talented team during this phase of hypergrowth,” Andrew Homan, Maverick Capital Senior Managing Director.
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