Investment Summary

Crescent Cove Invests In Lambda

On March 21, 2023, private equity firm Crescent Cove invested in software company Lambda

Investment Highlights
  • This is Crescent Cove’s 2nd transaction in the Software sector.
  • This is Crescent Cove’s 12th transaction in the United States.
  • This is Crescent Cove’s 6th transaction in California.

Investment Summary

Date 2023-03-21
Target Lambda
Sector Software
Investor(s) Crescent Cove
Deal Type Venture

Target

Lambda

San Francisco, California, United States
Lambda designs the worlds most advanced GPU systems and cloud services for deep learning. Lambda was founded in 2012 and is based in San Francisco, California.

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Investor(S) 1

DESCRIPTION

Crescent Cove is a private equity firm focused on investments in founder-led technology companies. The Firm invests in a variety of industries including business services, information technology, software, and technology hardware. Crescent Cove was founded in 2016 and is headquartered in San Francisco, California.


DEAL STATS #
Overall 12 of 12
Sector: Software M&A 2 of 2
Type: Venture M&A Deals 5 of 5
State: California M&A 6 of 6
Country: United States M&A 12 of 12
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-21 care.ai

Orlando, Florida, United States

care.ai is a developer of a sensor-based technology designed to predict, prevent, and protect, optimizing the patient and provider experience and ultimately powering more human care. care.ai was founded in 2019 and is based in Orlando, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-12 care.ai

Orlando, Florida, United States

care.ai is a developer of a sensor-based technology designed to predict, prevent, and protect, optimizing the patient and provider experience and ultimately powering more human care. care.ai was founded in 2019 and is based in Orlando, Florida.

Sell -