Investment Summary

Atlantic Bridge and BlackRock Capital Investment Invest In SambaNova Systems

On February 25, 2020, growth capital firm Atlantic Bridge and business development company BlackRock Capital Investment invested in information technology company SambaNova Systems

Investment Highlights
  • This is Atlantic Bridge’s 9th and BlackRock Capital Investment’s 3rd transaction in the Information Technology sector.
  • This is Atlantic Bridge’s 19th and BlackRock Capital Investment’s 26th transaction in the United States.
  • This is Atlantic Bridge’s 18th and BlackRock Capital Investment’s 4th transaction in California.

Investment Summary

Date 2020-02-25
Target SambaNova Systems
Sector Information Technology
Investor(s) Atlantic Bridge
BlackRock Capital Investment
Deal Type Venture

Target

SambaNova Systems

Palo Alto, California, United States
SambaNova Systems offers an integrated hardware and software solution with an architecture optimized for dataflow from algorithms to silicon, enabling a broad range of compute-intensive applications to run from the data center to the edge. SambaNova Systems was founded in 2017 and is based in Palo Alto, California.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor

Atlantic Bridge

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2006
PE ASSETS 1.0B EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Atlantic Bridge is a growth capital firm focused on mid-market technology businesses across Europe, the US, Middle East, and China. Specific areas of interest include machine learning, robotics, computer visioning, cloud, IoT and big data. Atlantic Bridge generally prefers 'domain-specific companies' as well as businesses that can benefit from transatlantic opportunities. Atlantic Bridge was formed in 2006 and is based in Dublin.


DEAL STATS #
Overall 34 of 34
Sector: Information Technology M&A 9 of 9
Type: Venture M&A Deals 25 of 25
State: California M&A 18 of 18
Country: United States M&A 19 of 19
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-14 Siren

Galway, Ireland

Siren is a provider of the Investigative Intelligence platform to some of the world’s largest and most complex organizations to derive business value and insight from their data. Developed as a spinout from big data and knowledge representation research, the Siren platform provides a unique combination of search, business intelligence, big data, link analysis and knowledge representation which advances the way organizations address some of the world’s most important data-driven problems. Siren was founded in 2014 and is based in Galway, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 Panda Security S.L.

Bilbao, Spain

Panda Security S.L. is a global provider of advanced cybersecurity solutions. Panda Security offers a full portfolio of user-centric security products and services for protecting people, devices, and the networks they connect to from malicious websites, malware, spam, and other targeted attacks. With offerings for businesses and consumers alike, Panda Security offers advanced endpoint protection, sophisticated threat hunting services, and more. Designed for maximum protection with minimal complexity, the company packages its robust portfolio of security services to take the guesswork out of endpoint security.

Sell -
Investor

BlackRock Capital Investment

New York, New York, United States

Investor Investor Investor Investor Investor


Category Business Development Company
Founded 2005
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

BlackRock Capital Investment is a publicly traded business development company (BDC) that provides middle-market companies with a variety of financing solutions. This includes senior and junior secured, unsecured and subordinated debt securities and loans, as well as equity. BlackRock Capital targets profitable companies with strong management and defensible market positions that may be underserved by traditional lending sources. The Firm looks to commit $10 to $50 million in businesses generating $10 to $50 million of EBITDA. BlackRock was formed in 2005 by BlackRock and Kelso & Company. The Firm has offices in New York City and Chicago.


DEAL STATS #
Overall 33 of 33
Sector: Information Technology M&A 3 of 3
Type: Venture M&A Deals 2 of 2
State: California M&A 4 of 4
Country: United States M&A 26 of 26
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-10 Kellas Midstream

Aberdeen, United Kingdom

Kellas Midstream is a midstream infrastructure business in the UK which transports gas from the Central and Southern North Sea areas to the UK, where it is then processed on behalf of major North Sea gas producers. Kellas Midstream is based in Aberdeen, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-10 View

Milpitas, California, United States

View designs, manufactures, and sells a new generation of architectural dynamic glass that intelligently adjusts in response to external conditions and user preferences, enabling unparalleled control over the amount of light and heat that enters a building. View was founded in 2006 and is based in Milpitas, California.

Sell -