Investment Summary

Blue Delta Capital Partners and ICONIQ Capital Invest In Virtru

On August 22, 2016, growth capital firms Blue Delta Capital Partners and ICONIQ Capital invested in information technology company Virtru

Investment Highlights
  • This is Blue Delta Capital Partners’ 1st and ICONIQ Capital’s 3rd transaction in the Information Technology sector.
  • This is Blue Delta Capital Partners’ 1st and ICONIQ Capital’s 19th transaction in the United States.
  • This is Blue Delta Capital Partners’ 1st and ICONIQ Capital’s 1st transaction in District of Columbia.

Investment Summary
Date 2016-08-22
Target Virtru
Sector Information Technology
Investor(s) Blue Delta Capital Partners
ICONIQ Capital
Deal Type Venture

Target

Virtru

Washington, District of Columbia, United States
Virtru is a provider of end-to-end data encryption used by corporations, government agencies, and small-to-medium business across the globe. By utilizing user interface and infrastructure approaches from Silicon Valley, combined with military-grade encryption, Virtru delivers ease of use for both government and commercial customers. Virtru is based in Washington, District of Columbia.

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Investor(S) 2

Investor

Blue Delta Capital Partners

McLean, Virginia, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Blue Delta Capital Partners (BDCP) is a growth capital firm focused on the government technology marketplace. BDCP makes equity, non-control, minority ownership investments in companies delivering technology-enabled solutions and services to key customers in the intelligence, defense, and civilian agencies of the US Federal Government. Blue Delta Capital was formed in 2009 and is based in McLean, Virginia.

DEAL STATS #
Overall 1 of 5
Sector (Information Technology) 1 of 2
Type (Venture) 1 of 1
State (District of Columbia) 1 of 2
Country (United States) 1 of 5
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-13 Kinsey Technical Services

Chantilly, Virginia, United States

KTSi is a systems engineering and technical assistance (SETA) provider for classified satellite and space superiority programs within the Department of Defense, Intelligence Community, and federal civilian agencies. The company is the prime contractor on multiple high-profile government programs.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-01 Amida

Washington, District of Columbia, United States

Amida is an open source software and IT services company focused on solving the hardest problems in data; access, interoperability, management, reconciliation and security. The Amida team is made up of data scientists, high-end software engineers. and a deeply experienced leadership team.

Buy -
Investor

ICONIQ Capital

Category Growth Capital Firm
Founded 2011
PE ASSETS 80.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

DEAL STATS #
Overall 21 of 91
Sector (Information Technology) 3 of 14
Type (Venture) 11 of 72
State (District of Columbia) 1 of 1
Country (United States) 19 of 80
Year (2016) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-21 InVisionApp

New York, New York, United States

InVisionApp is a provider of design-focused prototyping tool that transforms web and mobile designs into clickable, interactive prototypes and mock-ups. InVisionApp was founded in 2011 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-28 BlackLine

Woodland Hills, California, United States

BlackLine offers a cloud-based software platform designed to transform and modernize accounting and finance operations for organizations of all types and sizes. BlackLine's secure, scalable platform supports critical accounting processes such as the financial close, account reconciliation, intercompany accounting and controls assurance. By introducing software to automate these processes and to enable them to function continuously, BlackLine empowers its customers to improve the integrity of their financial reporting, achieve efficiencies and enhance real-time visibility into their operations. BlackLine was founded in 2001 and is based in Woodland Hills, California.

Sell -
Mergr

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