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Synopsis
Battery Ventures, a venture capital firm, completed the majority investment in Signiant, a provider of secure file transfer software for the media and entertainment industry. Financial terms were not disclosed. “We are thrilled to partner with Battery, a firm with a long history of scaling enterprise SaaS businesses, to begin writing the next chapter of the Signiant story. Both the company and the media industry are at inflection points. We feel our solutions are uniquely suited to meet the current moment in media and entertainment, which demands the type of efficiency and fast time-to-value that only a modern multi-tenant SaaS platform can deliver,” Margaret Craig, Signiant Chief Executive.
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