Investment Summary

C5 Capital Invests In Satelles

On October 9, 2019, growth capital firm C5 Capital invested in information technology company Satelles

Investment Highlights
  • This is C5 Capital’s 8th transaction in the Information Technology sector.
  • This is C5 Capital’s 7th transaction in the United States.
  • This is C5 Capital’s 2nd transaction in Virginia.
Investment Fate
  • Satelles was sold to a publicly-traded strategic buyer in 2024.

Investment Summary

Date 2019-10-09
Target Satelles
Sector Information Technology
Investor(s) C5 Capital
Deal Type Venture

Target

Satelles

Reston, Virginia, United States
Satelles provides secure time and location signals from low Earth orbit (LEO) independent of the Global Positioning System (GPS) and other Global Navigation Satellite Systems (GNSS). Satelles is based in Reston, Virginia.

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Investor(S) 1

Investor
DESCRIPTION

C5 is a family capital-backed technology investment firm focused on investing in cyber security, data analytics, cloud computing, and assistive technologies. C5 Cyber looks for growth opportunities throughout Europe, the Middle East and Africa. C5 Capital was formed in 2014 and is headquartered in London.


DEAL STATS #
Overall 11 of 17
Sector: Information Technology M&A 8 of 13
Type: Venture M&A Deals 9 of 12
State: Virginia M&A 2 of 2
Country: United States M&A 7 of 12
Year: 2019 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-19 Hazelcast

Palo Alto, California, United States

Hazelcast is an in-memory computing platform that empowers Global 2000 enterprises to deliver innovative, low-latency, data-centric applications. Built for ultra-fast processing at extreme scale, Hazelcast’s cloud-native in-memory data grid and event stream processing technologies are trusted by leading companies such as J.P. Morgan Chase, Charter Communications, Ellie Mae, UBS and National Australia Bank to accelerate business-critical applications. Hazelcast is based in Palo Alto, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-19 Shape Security

Santa Clara, California, United States

Shape Security defends the world’s largest enterprises from all types of fraud against their online applications, including more than half of all online banking in North America. Shape’s fraud prevention platform detects and blocks up to 2 billion fraudulent or unwanted transactions daily while keeping 200 million legitimate human logins and other interactions safe. Shape provides omnichannel protection for web applications, mobile applications, and API interfaces; the company’s mobile SDK is deployed on more than 200 million iOS and Android devices worldwide.

Sell $1.0B