Investment Summary

Riverwood Capital and Adams Street Partners Invest In Alation

On June 3, 2021, private equity firm Riverwood Capital and asset manager Adams Street Partners invested in software company Alation

Investment Highlights
  • This is Riverwood Capital’s 10th and Adams Street Partners’ 28th transaction in the Software sector.
  • This is Riverwood Capital’s 28th and Adams Street Partners’ 127th transaction in the United States.
  • This is Riverwood Capital’s 17th and Adams Street Partners’ 55th transaction in California.

Investment Summary

Date 2021-06-03
Target Alation
Sector Software
Investor(s) Riverwood Capital
Adams Street Partners
Deal Type Venture

Target

Alation

Redwood City, California, United States
Alation is an Enterprise collaborative data platform designed to find, understand, and use the right data. With its powerful Behavioral Analysis Engine, inbuilt collaboration capabilities, and open interfaces, Alation combines machine learning with human insight to successfully tackle even the most demanding challenges in data and metadata management. Alation was founded in 2012 and is based in Redwood City, California.

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Investor(S) 2

Investor

Riverwood Capital

Menlo Park, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Riverwood Capital is a tech-focused on private equity firm. Riverwood will consider investment opportunities across North and South America and looks for situations where the firm can commit $25 to $125 per transaction. Prospective transaction situations include growth capital financings, carve-outs, consolidations, and buyouts. Specific areas of interest include IT, communications, technology hardware, electronics, software, and digital media. Riverwood Capital was formed in 2008 and is based in Menlo Park, California.


DEAL STATS #
Overall 44 of 45
Sector (Software) 10 of 11
Type (Venture) 13 of 13
State (California) 17 of 17
Country (United States) 28 of 29
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-25 Cloudvirga

Irvine, California, United States

Cloudvirga is a digital mortgage platform giving consumers and lenders a world-class customer experience from application to closing. Lenders can automate workflows radically cut costs, increase transparency, and reduce closing times. Cloudvirga was established in 2016 and is based in Irvine, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-21 VTEX

London, United Kingdom

VTEX is an e-commerce SaaS platform. The Company has a proprietary cloud base e-commerce software platform that targets small, medium, and large retailers and other e-commerce customers in Brazil and across the region. VTEX was founded in 2000 and is based in London, United Kingdom.

Sell -
Investor

Adams Street Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1972
PE ASSETS 60.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Adams Street Partners is a diversified, global investment firm that targets direct, fund of funds, and secondary investments. Adams' direct investing group covers co-investments in buyout transactions, as well as growth equity and venture capital commitments. The direct buyout and growth equity team looks to commit $5 to $30 million per transaction. For venture related investments, commitments of $5 to $20 million are provided to companies in the technology, life sciences and technology enabled services sectors. Typically, target companies have received prior financing from early stage venture firms and are seeking additional capital to fund product development and commercialization. Adams Street Partners was formed in 1972 and is based in Chicago, Illinois.


DEAL STATS #
Overall 139 of 148
Sector (Software) 28 of 30
Type (Venture) 93 of 100
State (California) 55 of 59
Country (United States) 127 of 136
Year (2021) 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 ThreatQuotient

Reston, Virginia, United States

ThreatQuotient improves security operations by fusing together data sources, tools & teams to accelerate threat detection & response. ThreatQuotient’s data-driven security operations platform helps teams prioritize, automate & collaborate on security incidents; enables more focused decision making; & maximizes limited resources by integrating existing processes & technologies into a unified workspace. ThreatQuotient was founded in 2013 and is based in Reston, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-16 Iterable

San Francisco, California, United States

Iterable is a cloud-native, omni-channel marketing and customer engagement platform that allows clients to create, execute, and optimize cross-channel campaigns. Iterable was founded in 2013 and is based in San Francisco, California.

Buy -