Idera Receives Investment from Partners Group

Funding Rounds

Summary

Idera, Inc., a Houston-based parent company of global B2B software productivity brands, received a new minority investment from Partners Group. Partners Group will join existing investors HGGC, TA Associates, and Company management. The company will use the funds to expand its M&A vision and drive its DevOps leadership. Led by Randy Jacops, CEO, Idera develops software that enables database professionals to design, monitor and manage data systems and provides application development tools to allow software engineers to build, test, deploy, and manage a wide range of applications faster and efficiently. The company serves more than 50,000 customers spanning multiple industries, including education, energy, financial, government, healthcare, manufacturing, media, retail and technology.

$ Funding

$
Amount - Total raised
Date May 23, 2019 Announcement date
Investors HGGC, Partners Group, Idera Lead investors
Company http://www.ideracorp.com Funded company

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
Software Development Database Management Software SaaS

Linked Companies

IDERA
$25M to $50M
Idera, Inc.
$50M to $100M