NEW YORK, April 25, 2024 — NorthSands Capital today announced that it has completed an investment in a continuation vehicle sponsored by Wellspring Capital investing in SupplyOne, a value-added distributor of packaging supplies. NorthSands was the lead investor in a single-asset continuation vehicle dedicated to SupplyOne. A majority equity interest in SupplyOne was sold in a related, multi-asset continuation vehicle that closed in March.

NorthSands was founded in late 2023 by former Blackstone Senior Managing Director, Bruce McEvoy. NorthSands is focused on investing in continuation vehicles as well as primary private equity deals.

McEvoy commented, “We are thrilled to partner with Wellspring and SupplyOne management to support the Company on the next leg of its organic and inorganic growth.”

NorthSands was advised by Kirkland & Ellis LLP. 

About NorthSands Capital

NorthSands Capital is an investment firm founded in late 2023. NorthSands is focused on investing in compelling opportunities in the private equity space.

Investor Contact
[email protected] 

Media Contact
Gladstone Place Partners
Lauren Odell / Felipe Ucrós
212-230-5930

SOURCE NorthSands Capital

“Moso’s pioneering efforts to blend e-commerce with cryptocurrency are creating new opportunities for consumers to engage with digital currencies, significantly boosting their mainstream adoption.” – Sandeep Nailwal, Founder of Polygon
Moso stands at the forefront of redefining online shopping by partnering with over 2,000 leading merchants, including Walmart, eBay, and Shopee, enabling users to earn cryptocurrency rewards effortlessly. This innovative approach not only enhances the shopping experience for consumers but also drives the broader adoption of cryptocurrencies.

Pioneering the Future of E-commerce and Crypto Integration
The infusion of $2 million in seed capital underscores the confidence in Moso’s groundbreaking approach and its potential to reshape e-commerce by merging it with the evolving web3 landscape. “This seed funding round marks a significant milestone not only for Moso but for the entire web3 ecosystem,” remarked Blake Capozza, Co-Founder & CEO of Moso. “Our platform is engineered to democratize access to web3 for consumers new to the space, simplifying their engagement with and benefit from decentralized technologies through the familiar avenue of online shopping.”

“The vision that Blake and the Moso team are executing will significantly accelerate the adoption of cryptocurrency by seamlessly integrating it into everyday shopping experiences.” – Kenzi Wang, GP of Symbolic Capital

Future Ventures and Sustained Expansion
Moving forward, Moso remains dedicated to advancing its shop-to-earn model and enhancing the user experience with more rewarding opportunities. The company is poised to sustain its growth momentum, with a focus on empowering web3 decentralized applications (dApps) through innovative reward mechanisms that drive user engagement and platform expansion.

About Moso
Moso is a trailblazing shop-to-earn platform that seamlessly integrates e-commerce and cryptocurrency, providing users with the opportunity to earn crypto rewards on their purchases. With partnerships spanning over 2,000+ merchants, Moso sets a new benchmark for the online shopping experience, fostering a closer connection between consumers and the burgeoning realm of digital currencies.  www.moso.xyz

SOURCE Moso

Funding Round will Help Accelerate Wheelhouse’s Expansion via Talent Acquisition and M&A

NEW YORK, April 25, 2024 — Wheelhouse, an independent content and talent platform, announced today its first outside capital raise. The round, led by investment firm Alignment Growth, will enable Wheelhouse to build an infrastructure that attracts industry-leading talent and accelerates growth via strategic acquisitions. As part of the transaction, Alignment Growth Partner Jeff Bewkes joins the Wheelhouse Board of Directors. 

Today, Wheelhouse is comprised of several production companies, including Spoke Studios, Campfire, Butternut, Wheelhouse UK and DNA. It also has production partnerships in place with Jimmy Kimmel’s Kimmelot and Chef David Chang’s Majordomo Media. Wheelhouse’s marketing, digital, audio and management arms complement its production capabilities, creating a multi-faceted flywheel uniting all parts in one ecosystem.

Wheelhouse’s television and streaming series include Netflix’s King of Collectibles with Executive Producer Peyton Manning, Buying Beverly Hills and recent #1 Netflix hit romcom Players; Hulu’s Secret Chef with David Chang, the EmmyÒ-winning WeWork: Or the Making and Breaking of a $47 Billion Unicorn and the upcoming Got to Get Out; Max’s Smartless: On the Road; and Roku’s Celebrity Family Cookoff with Executive Producer and star Sofia Vergara, among others. In 2023, Wheelhouse sold 20 series that are in various stages of production for networks and platforms including Netflix, Hulu, Roku, Paramount+, HGTV, Food Network and OWN. 

The Wheelhouse-Alignment Growth deal was spearheaded by Alignment Growth Partner Kevin Tsujihara, Wheelhouse President & General Counsel Rob Lia and Chief Strategy Officer Ed Simpson, who leads M&A.

Wheelhouse was founded in 2018 by repeat founder and CEO Brent Montgomery. Prior to starting Wheelhouse, Montgomery founded and sold Leftfield Entertainment to ITV in 2014. 

Said Montgomery, “We are building Wheelhouse as a collective of global creatives who not only shine on their own, but truly want to partner with one another across labels and divisions so we’re thrilled that Alignment’s investment will allow us to supersize our efforts engaging talent in front of and behind the camera.” 

Jeff Bewkes, Founding Partner at Alignment Growth, added, “We are excited to partner with and support Brent, a seasoned operator and a magnet for the best talent in non-scripted. His success in the space is unparalleled, and his team is well-positioned to build Wheelhouse into one of the preeminent names across the industry.”

About Wheelhouse  
Wheelhouse is a content and talent platform founded in 2018 by entrepreneur Brent Montgomery, the founder of Leftfield Entertainment, and former ITV America CEO. The multi-faceted business encompasses Wheelhouse Entertainment (which includes production entities Spoke Studios, Campfire, Butternut, Wheelhouse UK and DNA, as well as physical production partnerships with Chef David Chang’s Majordomo Media and Jimmy Kimmel’s Kimmelot), marketing arm Wheelhouse Labs, digital division Wheelhouse DNA and talent management company Additive Creative Partners. Wheelhouse’s television and streaming series include Netflix’s King of Collectibles with Executive Producer Peyton Manning, Players and Buying Beverly Hills; Hulu’s Secret Chef with David Chang, the Emmy-winning WeWork: Or the Making and Breaking of a $47 Billion Unicorn and the upcoming Got to Get Out; Max’s Smartless: On the Road; and Roku’s Celebrity Family Cookoff with Executive Producer and star Sofia Vergara, among others. Wheelhouse maintains operations in NYC, Los Angeles, Stamford and London.

About Alignment Growth  
Alignment Growth invests in growth-stage companies across media, entertainment and gaming (“MEG”) globally. Alignment Growth seeks to drive value creation in partnership with its portfolio companies by leveraging its team’s senior executive operating, strategic and dealmaking experience at global Fortune 500 MEG companies.

SOURCE Alignment Growth

SAN FRANCISCO, April 25, 2024 — Movement Labs, a San Francisco-based blockchain development team, has secured $38 million in a Series A financing round led by Polychain Capital. The funding will support the company’s mission to bring Facebook’s Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput.

The investment round saw participation from prominent venture capital firms including Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs, demonstrating strong industry confidence in the Movement ecosystem.

Founded in 2022, Movement Labs aims to tackle the prevalent smart contract vulnerabilities within the Ethereum ecosystem while introducing a novel execution environment designed for 30,000+ transactions per second (TPS). By leveraging a fully EVM-compatible bytecode interpreter and Ethereum for settlement, the Movement Zero-Knowledge Layer 2 blockchain will bring parallelization and smart contract security to users who wish to remain within the Ethereum ecosystem.

Between 2022 and 2023, hackers exploited smart contracts for over $5.4 billion, affecting major protocols like Curve and KyberSwap through common reentrancy attacks. Movement’s Move-EVM allows Move and Solidity developers to deploy code that is fully verified at runtime, preventing attack vectors like reentrancy from executing. The team calls this the “Integrated Approach”, where multiple modular elements such as shared sequencing, embedded formal verification provers, alternative data availability, and Ethereum settlement can combine to power one blockchain, enhancing security and performance.

“The two biggest issues in blockchain infrastructure at the moment are poor user experience and smart contract exploits,” said Movement Co-Founder, Rushi Manche. “My Co-Founder, Cooper Scanlon and I started building Movement to increase the velocity of innovation in crypto where the next Facebook can be built on-chain by developers who do not have the resources for large development teams and expensive auditors. Move addresses the shortcomings of Solidity and we are bringing it to market in a crypto-native way.”

In addition to the flagship Movement L2, Movement Labs will introduce Move Stack, an execution layer framework that is compatible with many of the rollup frameworks from companies like Optimism, Polygon, and Arbitrum. The team’s vision is to collaborate with other Ethereum players to scale smart contract execution for users on all networks and unify them with a shared sequencer implementation.

“While the core focus of most other rollup teams is scalability, Movement’s key insight is that scalability alone is not why we are yet to see mass adoption. The MoveVM offers a developer experience that is intuitive and bug-resistant as well as highly scalable. By marrying these benefits with the network effects and base-layer security guarantees of the Ethereum ecosystem, we believe Movement can build a flourishing ecosystem that is home to a new generation of mainstream applications,” said Polychain’s Bobby Beniers in a statement.

The team had previously announced a $3.4 million pre-seed round in September 2023. Users will be able to interact with its network this Summer.

For more information about Movement Labs and a guide to participate in the devnet, please visit: movementlabs.xyz, follow on X @movementlabsxyz and on Discord.

About Movement Labs:
Co-founders, Rushi Manche and Cooper Scanlon, early builders in the Move ecosystem, founded Movement Labs in 2022 as the first integrated blockchain network, powering the fastest and most secure Layer 2 on Ethereum. Designed to pair smart contract security and parallelization with EVM liquidity and user bases, Movement is bringing the MoveVM to Ethereum through its flagship L2 and connected rollups with the Move Stack.

Media Contact:
[email protected] 

SOURCE Movement Labs

CHARLESTON, S.C., April 25, 2024 — Churnkey, the leading provider of subscription retention automation software, raised $1.5 million from Charlotte, NC-based CreativeCo, to accelerate its growth. The Churnkey platform provides a wide range of retention products, including personalized cancellation flows, failed payment recovery, precision credit card retries, and host of customer-centric subscription optimizations.

In the next year alone, as estimated by UBS Global, customers of subscription-based businesses will spend nearly $1.5 trillion on subscription-enabled products. With this new funding, Churnkey will leverage its immense dataset of tens of millions of data points to unlock a new era of strengthened customer relationships for the subscription economy.

“While Churnkey is a profitable and growing business, we are seeing incredible market demand that needs to be served beyond our current capacity,” Nick Fogle, CEO and co-founder of Churnkey, said. “This fundraise from CreativeCo’s early growth equity fund will help us land key executive hires, expand our market share, and continue our rapid pace of innovation.”

For high-volume subscription companies, poor retention can change the trajectory of an entire business. Churnkey’s platform introduces a new paradigm, offering powerful in-app tools to manage cancel flows, execute reactivation campaigns, and optimize retention efforts at every stage of the customer journey. From there, the platform helps make sense of all the data—whether it’s uniform or freeform—and tracks the revenue impact of every touchpoint.

“Churnkey leads the retention automation space with a platform that automatically and intelligently runs retention strategies throughout a customer subscription—from trial through post-cancellation,” Travis Parsons, CreativeCo Managing Partner, said. “The platform’s ability to integrate directly with payment platforms and leverage product usage data enables a growing suite of retention automation offerings that generate concrete ROI.”

About Churnkey

Churnkey is the world’s most powerful customer-centric retention platform. They’re the leading provider of retention solutions for high-volume subscription businesses such in SaaS, media, e-commerce, & consumer services. Its products drive automated customer success, preventing both voluntary & involuntary churn related to these subscriptions.

With embeddable cancellation flows, advanced failed payment recovery, AI-driven feedback analysis, and personalized reactivation campaigns, Churnkey helps their customers improve retention while maintaining a user-friendly, self-service user experience.

About CreativeCo

CreativeCo invests in fast growing, highly capital efficient B2B software companies at the seed stage. CreativeCo has invested in over 40 early-stage software companies across the US since its launch in 2020 and supports its portfolio with the capital and capabilities of its founder-aligned and operationally proactive growth equity studio model.

Media Contact: 
Baird Hall
[email protected]

SOURCE Churnkey

Investigational New Drug enabling studies initiated: On track for first-in-human trials in 2025

SAN CARLOS, Calif., April 25, 2024 — RevOpsis Therapeutics, a next-generation biopharmaceutical company spearheading innovation in ophthalmic therapies, announced today it has successfully closed its first seed funding round, raising $16.5 million to propel its mission to develop and commercialize treatments for chronic multifactorial diseases through the company’s fully human multispecific proprietary Rev-Mod Platform.

The $16.5 million raised includes $7.5 million in non-dilutive capital. The financing will fund the completion of the Investigational New Drug (IND) enabling studies to secure FDA authorization and conduct the first-in-human clinical trials with the company’s lead candidate, RO-104 for the treatment of neovascular age-related macular degeneration (nAMD). This seed round will also support the ongoing discovery and development of RevOpsis’ pipeline, and allow the company to hire key management to drive the company forward.

Neovascular AMD represents the largest retinal disease opportunity in the major global healthcare markets, with over four million patients expected to be living with the blinding disease over the next 5 years¹. In 2023 alone, global nAMD revenues of anti-VEGF-A inhibitors were estimated to be approximately $9 billion.

Vision gain and treatment burden remain significant unmet needs in the treatment of nAMD and other major retinal vascular diseases. RO-104 is a first-in-class modular tri-specific biologic curated to target all three dominant angiogenic pathways implicated in exudative retinal diseases. It has the potential to be the first monotherapy agent to improve visual outcomes and extend disease remission in patients suffering with nAMD.

This round of funding consists of notable strategic investments including a leading contract development and manufacturing organization (CDMO) with global commercial drug supply capabilities, an ophthalmic drug and device development firm, and various private and angel investors, including several leading retina specialists. The financing milestone is anticipated to put the company on track to enable first-in-human studies with RO-104 in 2025.

“This seed funding round validates our proprietary Rev-Mod platform and facilitates the development of RevOpsis’ next generation multispecific antibody platform to address the unmet needs of patients suffering with sight threatening diseases,” said interim CEO Dr. Ram Bhandari. “The proceeds will accelerate our ongoing IND efforts for RO-104. Additionally, the funds will be used to strengthen RevOpsis’ research capabilities to further develop a pipeline of first and best-in-class retinal treatments. We are grateful for the support of our investors and excited to continue advancing the RevOpsis mission of bringing responsible and affordable therapeutic innovation to patients worldwide.”

With the recent infusion of capital, RevOpsis is well positioned to further develop its first-in-class lead candidate and move forward the pipeline research efforts.

About RO-104
Leveraging the proprietary Rev-Mod platform, RO-104 is RevOpsis’ current lead candidate. Engineered as a first-in-class fully human modular tri-specific biologic designed to address all three clinically validated dominant angiogenic pathways (VEGF-A, VEGF-C, Ang-2) implicated in retinal vascular disease progression, including neovascular age-related macular degeneration (nAMD). RO-104 represents a significant innovative advancement in the treatment landscape for retinal vascular diseases. Backed by a significant body of preclinical evidence demonstrating intended efficacy and safety in established animal models, RO-104 heralds a transformative approach positioned to redefine the current standard of care for patients with nAMD.

About Rev-Mod Platform
The proprietary Rev-Mod Platform employs a modular ‘plug-and-play’ approach to streamline and expedite the efficient discovery and development of multispecific biologics targeting a wide spectrum of chronic, prevalent, large diseases, that are the leading causes of death and disability worldwide. Our proprietary platform boasts a vast library of nearly 30 billion fully human antibody components in a structured phage display system, facilitating rapid identification and assembly of multispecific product candidates. With seamless compatibility, the Rev-Mod platform enables swift and efficient design of multispecific biologics to address unmet needs in major therapeutic areas including ophthalmology, oncology, and immune-mediated diseases.

About RevOpsis Therapeutics
Founded in 2018, RevOpsis Therapeutics is a privately held, next-generation biopharmaceutical company spearheading innovation in ophthalmic therapies. Guided by a team of leading physicians, scientists, and business leaders, we are dedicated to leveraging our proprietary Rev-Mod Platform to develop and commercialize groundbreaking treatments for chronic multifactorial diseases. With a steadfast commitment to responsibly advancing patient care, we aim to usher in a new era of improved disease management and extended disease remission. For more information, please visit www.revopsis.com.

1. Market Scope. “2023 Retinal Pharmaceuticals Market Report: Global Analysis for 2022 to 2028.” August 2023. Retrieved from https://www.market-scope.com/pages/reports/401/2023-retinal-pharmaceuticals-market-report-global-analysis-for-2022-to-2028-august-2023

SOURCE RevOpsis

SomosVC’s comprehensive analysis into the current landscape of Latino/a VC professionals underscores the pressing need for new approaches to build a more inclusive industry

SAN FRANCISCO, April 25, 2024 — Latino/a individuals make up less than 2 percent of investors in venture firms with over $100 million in assets under management, according to new research released today by SomosVC, a trailblazing nonprofit dedicated to advancing Latino/a representation in venture capital. Issued as part of the annual “State of Latino/a VCs” report, the findings highlight the significant gaps in representation for Latino/a professionals in the field, given that they comprise nearly one-fifth of the total U.S. population.

“Latino/a talent remains significantly untapped, and when given the opportunity, Latino/a investors and fund managers can have an immense positive impact on both the economy and the tech ecosystem,” said Mariela Salas, executive director of SomosVC. “It is time to take decisive steps towards equitable representation and make the most of a tremendous opportunity. To unlock the full potential of Latino/a talent in venture capital is to fuel the engines of innovation and growth across the nation.”

The U.S. Latino economy is continuing to accelerate, with significant contributions as both consumers and producers, growing to the world’s 5th largest GDP if considered independently. Despite this overall growth, the VC industry still shows considerable underrepresentation among Latino/a investors — compounded by the fact that the broader venture funding landscape has reached a 6-year low.

“As a country, we need to adopt educational, workforce, and new venture capital allocation policies that significantly invest in the fastest-growing, youngest cohort of innovators,” said Lili Gangas, chief technology community officer of Kapor Center. “The overall innovation economy lacks the voice and vision of the Latino/a community to share a more responsible tech-enabled future. It is imperative to support organizations  like SomosVC to not only train the next generation of Latino/a VC professionals, but also help leadership advancement of VC partners at firms of all stages are vital for prosperity that impacts us all.”

Among the key findings of the report include:

• 79% of venture funds over $100 in AUM  have no Latino/a investment professionals at all.
• Gender disparity also persists in the field, with only 24% of Partner-level Latino/as in emerging funds being women.
• Latino/a led firms are more likely to invest in diverse founders – 48% of portfolio company founders identify as underrepresented people of color.
• Latino/a-led firms in the SomosVC community have played a pivotal role in job creation, with investments leading to an estimated 51,612 new jobs.

To download the report, please visit: https://www.somos.vc/resources/2023-annual-report

About SomosVC:
SomosVC is a 501(c)(3) non-profit organization focused on unlocking opportunities for Latino/a VC investors, developing a community that leaves a lasting impact on the venture capital ecosystem. Our mission is simple: to accelerate and elevate the presence of Latinos/as in venture capital. We believe that when venture investors are empowered to show up as their authentic selves, the flow of capital from limited partners to venture capitalists and ultimately to startup founders becomes more diversified, impactful, and representative of U.S. demographics. For additional information, visit https://www.somos.vc.

SOURCE SomosVC

SINGAPORE, April 25, 2024 — OKX Ventures, the investment arm of OKX, a leading cryptocurrency exchange and Web3 technology company, has issued updates for April 25, 2024.

OKX Ventures Announces Series A Round Investment for Movement, the First Ethereum MoveVM Layer 2 Network

OKX Ventures today announced its Series A round investment in Movement Labs, a pioneering blockchain development company. Movement Labs is creating a secure, scalable, and developer-friendly blockchain infrastructure that combines the best aspects of modular and monolithic architectures.

By building the first MoveVM Layer 2 (L2) on Ethereum through their innovative MEVM (Move + EVM) Zero-Knowledge L2 solution. This enables developers to build high-performance, secure applications while leveraging the liquidity and network effects of the Ethereum ecosystem. The integrated execution environment provided by Movement Labs empowers developers with increased agency and the ability to build without barriers.

OKX Ventures Founder Dora Yue said: “We are delighted to participate in the investment for Movement, Movement is a Move language-based EVM modular network that optimizes the security and performance bottlenecks of Solidity. It combines the security and parallelism of smart contracts with the liquidity and user base of EVMs to create a faster, cost-effective, more flexible, and compatible Layer 2 network. Its M1 and M2 products are designed to enable developers to build and deploy move language infrastructure, applications, and modular frameworks for blockchain in any environment, empowering the mass adoption and growth of Move language in the future.”

Learn more about Movement Labs by visiting movementlabs.xyz, or following them on X @movementlabsxyz and on Discord: discord.gg/movementlabsxyz.

For further information, please contact:
[email protected]

About OKX Ventures

OKX Ventures is the investment arm of the second-largest crypto exchange by trading volume and Web3 technology company OKX, with an initial capital commitment of USD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.

Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.

Find out more about OKX Ventures here.

Disclaimer

SOURCE OKX Ventures

The Evolution Technology Fund III LP is the largest dedicated cybersecurity fund raised to date.

Growth and early growth stage investor committed to investing in UK and EU based cybersecurity companies safeguarding the digital world.

LONDON, April 25, 2024 — Evolution Equity Partners announced the final closing of Evolution Technology Fund III, LP on April 16^th, 2024, and total capital commitments of $ 1.1 Billion to back visionary entrepreneurs building next generation cybersecurity companies that safeguard the digital world. The fund raise was oversubscribed by existing and new limited partners representing a diversified mix of leading institutions, sovereign investors, insurance companies, endowments, foundations, fund of funds, family offices, and high-net-worth individuals. The capital commitment includes funding from British Patient Capital, the UK’s largest domestic investor in venture and venture growth opportunities and a subsidiary of the British Business Bank.

The capital committed gives Evolution Equity Partners a dedicated pool of capital to pursue opportunities for investment ranging from $20 million to $150 million in cybersecurity. The firm’s strategy is to build a well-diversified portfolio across key cybersecurity company building ecosystems in the United States, United Kingdom, the EU and Israel. Significant investments made to date by Evolution in the United Kingdom and EU include: AVG Technologies, Quantexa, Panaseer, DF Labs, Logpoint, CounterCraft, Cognitive Security, Eperi, Cybsafe, Tatum, Elliptic, Arqit, Metomic amongst 60 portfolio companies the firm has backed.

Richard Seewald, Founder and Managing Partner at Evolution Equity Partners, said, ” Over the past 25 years, we have witnessed firsthand the strong cybersecurity entrepreneurial talent pool in the UK and EU. First, while building AVG Technologies, a European based cybersecurity company that our team took public on the New York Stock Exchange in 2012 and thereafter in numerous European companies we have helped scale. For UK and EU based cybersecurity companies looking to build and grow internationally, Evolution is the ideal partner to equip companies with the knowledge, tools and strategy to drive performance and outcome. The expertise that Evolution has on the ground in Europe is unparalleled in the industry. We look forward to working with best of breed entrepreneurs and building European champions.”

Christine Hockley, Managing Director, Funds at British Patient Capital, said: “Evolution Equity Partners’ cybersecurity specialism coupled with proven investment credentials positions them to successfully support the UK’s leading technology companies as they scale. We are delighted to invest in this fund, which aligns with our objective of supporting promising companies to access the long-term financing they need to fulfil their growth potential.”

Evolution Equity Partners was founded by investor and technology entrepreneurs Richard Seewald and Dennis Smith, who manage and lead the firm, and a specialist team of 30 professionals based out of New York City, Palo Alto, London and Zurich. The team members have been founders, operating executives and investors in leading software companies around the world and are committed to the mission of helping exceptional entrepreneurs develop market leading companies. Evolution Equity Partners’ Centers of

Excellence for Cybersecurity Growth, the firm’s high performance engine, has a clear goal: To provide the ultimate operating playbook on how to effectively take cybersecurity startups from idea to IPO and help equip companies with the knowledge, tools and strategy to drive performance.

About Evolution Equity Partners

Evolution Equity Partners, based in New York City, Palo Alto, London and Zurich, makes investments in rapidly growing cybersecurity software companies that safeguard our digital world. The firm was founded by investor and technology entrepreneurs Richard Seewald and Dennis Smith, who manage and lead the firm and its partners have been involved as founders, investors and as senior operating executives in leading software companies around the world. Evolution currently has over $2 billion of assets under management in a growing portfolio of market leading companies. The Evolution partners include Richard Seewald, Dennis Smith, Taher Elgamal, Aron Khurana, J.R. Smith, Karthik Subramanian, Yuval Ben-Itzhak and Karel Obluk. Learn more at www.evolutionequity.com and follow us at LinkedIn and Twitter.

Logo – https://mma.prnewswire.com/media/2387912/Evolution_Equity_Partners_Logo.jpg