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 | Sep 5, 2018 | News
Thoma Bravo agreed to buy a majority stake in Apttus, a San Mateo, California based provider of quote-to-cash business process automation solutions that had raised over $400 million in venture capital funding (most recently at a $1.8 billion valuation). Backers included Premji Invest, Salesforce Ventures, K1 Capital, Iconiq Capital, IBM Ventures and Kuwait Investment...
by Tom | Feb 12, 2018 | Home Page, News
Norwest Venture Partners has a strong tradition in healthcare investing and is carrying that forward at the start of 2018 with their investment in Onsite Dental. Fountain Partners has been a creative non-dilutive partner in so many different situations but Onsite provided a new opportunity to finance the actual physical dental practice – not just the chairs and equipment but the entire building on wheels. Onsite had been saving employees in Silicon Valley and across the country precious time by providing their dental practices (on wheels) in the parking lots right outside their clients workplace. Companies like Intel, Boeing, SpaceX, LinkedIn, eBay, Facebook and others choose Onsite to bring dental services to their...
