Venture • Software

Turn/River Invests In Airbrake

On March 28, 2013, private equity firm Turn/River invested in software company Airbrake

Investment Context
  • This is Turn/River’s 1st transaction in the Software sector.
  • This is Turn/River’s 3rd transaction in the United States.
  • This is Turn/River’s 3rd transaction in California.
Investment Fate
  • Airbrake was sold to a strategic buyer in 2021.

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Investment Summary

Date March 28, 2013
Target Airbrake
Sector Software
Investor(s) Turn/River
Deal Type Venture

Target Company

Airbrake

San Francisco, California, United States
Airbrake bug tracker is an error reporting application that provide insights into the health of your application and an organized platform to help teams squash bugs faster. Company developers build better software by giving detailed reports of errors in applications. Giving insight into the health of application in production. Company give detailed exception reports that tell what happened, what bit of code was responsible, and allow to recreate the error for rapid debugging.
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Investor Overview 1

Investor
DESCRIPTION

Turn/River is a private investment firm that specializes in growth capital investments, buyouts, spin-outs, and recapitalizations of small-scale technology, web and Saas companies. The Firm has a particular interest in bootstrapped companies. Turn/River Capital is based in San Francisco, California.


Deal Context for Investor #
Overall 3 of 16
Sector: Software 1 of 9
Type: Venture 3 of 6
State: California 3 of 5
Country: United States 3 of 14
Year: 2013 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-01 BookFresh

San Francisco, California, United States

BookFresh is an online scheduling and appointment booking software for small businesses. BookFresh's software helps local sellers create a seamless, self-service appointment booking experience that connects them instantly with new and existing customers. Just like Square, BookFresh is designed to give time back to sellers so they can focus on their business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-01 Sucuri

Menifee, California, United States

Sucuri, Inc. is a security platform offering business owners a suite of security tools designed to protect website owners from emerging online threats. Nearly 75 percent of all legitimate websites have unpatched vulnerabilities1, and websites that have been blacklisted due to a hack can experience an 80 percent reduction in traffic for more than 48 hours2. Sucuri's suite of tools provide website owners the solution they require to respond to hacks when they occur, while also virtually patching vulnerabilities.

Buy -