Announced
Completed
Financials
Tags
Private Equity
Domestic
Minority
software services
Acquisition
Friendly
Venture Capital
Completed
Private
United States
Software
Synopsis
MSD Partners, a private equity firm, led a $50m Series D round in Forward Networks, a software developer, with participation from Section 32, Omega Venture Partners, Goldman Sachs Asset Management, Threshold Ventures, A. Capital and Andreessen Horowitz. "We're creating a new technology category with a product that our customers deem indispensable as soon as it's implemented. We're excited to put this capital to work to grow sales and deliver a product that unlocks the power of the data inside everyone's digital infrastructure," David Erickson, Forward Networks CEO and Co-Founder.
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