Investment Summary

Updata Partners Invests In Vector Remote Care

On April 26, 2021, growth capital firm Updata Partners invested in software company Vector Remote Care

Investment Highlights
  • This is Updata Partners’ 28th transaction in the Software sector.
  • This is Updata Partners’ 54th transaction in the United States.
  • This is Updata Partners’ 3rd transaction in Oregon.

Investment Summary

Date 2021-04-26
Target Vector Remote Care
Sector Software
Investor(s) Updata Partners
Deal Type Venture

Target

Vector Remote Care

Bend, Oregon, United States
Vector Remote Care provides a cardiac digital health solution allowing cardiologists and clinicians to capture, manage, analyze, and act on remote cardiac data across multiple implanted devices and health modalities. Vector Remote Care is based in Bend, Oregon.

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Investor(S) 1

Investor

Updata Partners

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1998
PE ASSETS 1.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Updata Partners is the investment affiliate of Updata Advisors, an East Coast US based investment bank. Updata Partners looks to invest in growth oriented information technology businesses from early-stage to buyout, with revenues up to $50 million. Updata Partners typically invests between $15 and $150 million as a lead or co-lead investor. Within information technology, Updata has specific interest in; infrastructure software, physical and digital security, storage software, educational software, internet and interactive technology, media and wireless infrastructure and services, financial technology software, retail technology, business intelligence, subscription-based and on-demand information services, and business services. Updata Partners was formed in 1998 and is based in Washington DC.


DEAL STATS #
Overall 59 of 68
Sector: Software M&A 28 of 33
Type: Venture M&A Deals 39 of 43
State: Oregon M&A 3 of 3
Country: United States M&A 54 of 58
Year: 2021 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-30 Living Security

Austin, Texas, United States

Living Security’s cybersecurity Human Risk Management platform provides gamified team learning, targeted individual training, and integrated analytics that together enhance clients’ awareness of and defense against cybersecurity risk. Living Security is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-10 Glassbox

Petah Tikva, Israel

Glassbox is an analytics platform used to optimize user experiences on web and mobile applications. Glassbox informs and facilitates action based on those insights that can lead to enhanced customer experience, faster customer disputes resolution, improved regulatory compliance, and agile IT troubleshooting. Glassbox was established in 2010 and is based in Petah Tikva, Israel.

Sell -