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Recent Press Releases
| 4/28/2008- | Insight Venture Partners and Updata Partners Invest $30 Million in Storage Virtualization Leader DataCore Software :
DataCore Software Corporation, the leading vendor of hardware independent, storage virtualization software, today announced that it has accepted a $30 million equity investment from Insight Venture Partners and Updata Partners.
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| 4/21/2008- | James Socas Joins Updata Partners As General Partner:
Updata Partners, a leading growth-stage venture capital firm focused in the information technology industry, announced today that James Socas, former Senior Vice President and Head of Corporate Development at Symantec Corporation (Nasdaq: SYMC), has joined the firm as a General Partner based in the Reston, Virginia office.
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| 3/4/2008- | Alert Logic Closes $8.25 Million in Series C Financing:
Alert Logic, an award-winning provider of on-demand IT compliance and security solutions, today announced that it has raised $8.25 million in Series C financing. The round was led by Updata Partners and includes existing investors Hunt Ventures, OCA Ventures, DFJ Mercury and Access Venture Partners.
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| 2/11/2008- | Merlin Technologies Corporation Closes $10 Million in Series A Financing from Updata Partners:
Merlin Technologies Corporation, a human capital management technology company providing integrated pre-employment and talent acquisition solutions for corporations, announced today that it has raised $10 million in Series A financing from Updata Partners.
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| 2/1/2008- | Updata Partners Announces Promotions:
Updata Partners, a leading, growth stage venture capital firm investing in the information technology industry, announced today the promotions of Rich Erickson to General Partner and Carter Griffin to Partner.
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