by Tom | Jul 25, 2021 | Home Page, News
Long time Fountain Partners client Urban Remedy announced that is closed an $18M series D equity round lead by Manna Tree with co-investment from existing investors Obvious Ventures and Builders Fund. Urban Remedy continued to expand its presence inside Whole Foods locations nationwide in 2020 and will use the proceeds in part to expand its direct to consumer...
by Tom | Jul 25, 2021 | Home Page, News
Fountain client Emarsys was aquired by SAP for an estimated $500M. The purchase punctuates Emarsys success in delivering a world class cloud based email marketing platform enabling clients to manage interactions around email, social media and text. Fountain helped Emarsys scale its U.S. operations with capex...
by Tom | Jul 25, 2021 | Home Page, News
One of Fountain’s biggest bet sees significant growth opportunities ahead in providing infrastructure as a service to nearly 600,000 clients worldwide. Digital Ocean is now trading as DOCN after raising $775M in its initial public offering. Fountain Partners was the first company to provide Digital Ocean with financing for servers located outside the United States and rewarded Fountain by being the only debt provider that Digital Ocean granted a warrant...
by Tom | Oct 1, 2019 | Home Page, News
An early Fountain Partners’ client, SkinCure Oncology announced a $30M growth equity round with Seacoast Capital on September 24, 2019. SkinCure’s turnkey model for the delivery of Image-guided Superficial Radiation Therapy (IG-SRT) has proven to be a great fit with quality-focused dermatologists and Mohs surgeons. By working with physician partners, SkinCure is able to bring cancer center level radiation therapy for the treatment of non-melanoma skin cancers to local doctor’s offices. SkinCure Oncology has facilitated the treatment of more image guided superficial radiation therapy patients than any other group in the...
by Tom | Apr 20, 2019 | Home Page, News
Long time Fountain client Lyric announced closing of a $160M equity round led by AirBnb. AirBnb is now widely known as the San Francisco based decacorn expected to complete an initial public offering in 2019. Fountain Partners provided Lyric with its first line of credit to furnish its properties in early 2016. Lyric disclosed that that current investors including NEA, SignalFire, FifthWall, and Tusk Ventures participated along with new investors Tishman Speyer, RXR Realty, Obvious Ventures, SineWave, and former top Twitter executives Dick Costolo and Adam Bain. Here is a in depth article on the...
by Tom | Jul 17, 2018 | Home Page, News
MediaMath added $225 million in equity financing from Searchlight Capital LP. MediaMath helps leading global marketers deliver personalized digital advertising across all connected touchpoints. Over 9,500 marketers in 42 countries use their enterprise software every day to launch, analyze and optimize their digital advertising campaigns across mobile, video, audio, social, native, digital out of home and Advanced TV...