Investment Summary

Digital Alpha Invests In Pryon

On June 11, 2019, private equity firm Digital Alpha invested in software company Pryon

Investment Highlights
  • This is Digital Alpha’s 3rd transaction in the Software sector.
  • This is Digital Alpha’s 6th transaction in the United States.
  • This is Digital Alpha’s 1st transaction in North Carolina.

Investment Summary

Date 2019-06-11
Target Pryon
Sector Software
Investor(s) Digital Alpha
Deal Type Venture

Target

Pryon

Raleigh, North Carolina, United States
Pryon is an AI-as-a-Service platform for content and knowledge management. Pryon closes knowledge gaps, improves employee productivity, and enhances customer experiences. Pryon was founded in 2017 and is based in Raleigh, North Carolina.

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Investor(S) 1

DESCRIPTION

Digital Alpha is an alternative investor focused on digital infrastructure. The Firm seeks growth opportunities with a specific interest in next generation networks, the cloud, and the Internet of Things. Digital Alpha was founded in 2017 and is based in Henderson, Nevada.


DEAL STATS #
Overall 8 of 15
Sector: Software M&A 3 of 3
Type: Venture M&A Deals 6 of 8
State: North Carolina M&A 1 of 1
Country: United States M&A 6 of 13
Year: 2019 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-28 JetStream Software

San Jose, California, United States

JetStream Software develops cloud-native software to enable cloud service providers to have the ability to deliver disaster recovery and mobility services. JetStream solutions are all-software, hypervisor-integrated designed to empower infrastructure spanning multiple data centers and cloud services. JetStream Software was founded in 2016 and is based in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-27 PacketFabric

Culver City, California, United States

PacketFabric is a provider of carrier-class, on-demand connectivity for the enterprise cloud core. PacketFabric’s easy-to-use platform is built API-first, allowing customers to create and manage private networks and rapidly move their data to the Cloud. PacketFabric was founded in 2015 and is based in Culver City, California.

Buy -