ABBYY completes investment from Marlin Equity Partners

Funding Rounds

Summary

“Marlin sees tremendous value in the success we’ve had with our global go-to-market strategy and ability to provide our customers and partners the best Digital Intelligence solutions that help them reimagine how work is done. It is the perfect time to bring on a strong, growth-oriented partner among our shareholders,” commented Ulf Persson, CEO at ABBYY. We saw meaningful potential for continued acceleration in growth across ABBYY’s solutions addressing process automation for enterprises globally,” commented Alex Beregovsky, Managing Director at Marlin Equity Partners. Beregovsky is a Managing Director and member of the flagship fund Investment Committee at Marlin. He previously served as Managing Director for Vector Capital and held positions at Goldman Sachs and Bank of America and currently serves as a board member for Clarus Commerce, TaxSlayer, and AVI-SPL.

$ Funding

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Amount - Total raised
Date - Announcement date
Investors International Data Corporation, ABBYY Lead investors
Company - Funded company

AskAI Classifications

Sectors
No sectors detected
Functions
Developer and IT Infrastructure Communication and Collaboration General IT-Dev

Linked Companies

ABBYY
$100M to $250M