Late-stage investor Kennet Partners closes third fund
Kennet Partners, a venture firm that invests in later-stage technology startups, has closed a third fund of $315 million.
The firm, which is based in London and Silicon Valley, invests in both American and European companies from a single portfolio. Past investments include Paragon Software (acquired by OpenWave) and Altitun (acquired by ADC for around $1 billion).
Kennet has already announced two investments with this third fund: European company Telemedicine Clinic, and remote support company NTRglobal, which… Continue Reading
NTRGlobal raises $34M for remote support and collaboration
NTRglobal, a company that offers a range of IT-related products delivered via online subscription, has raised $34 million in funding. The funding was led by new investor Kennet Partners, which was joined by another new investor, Atlas Venture, and existing investors Debaeque and Elaia Partners.
The Barcelona, Spain company’s products include NTRadmin for remote system management, NTRadminBots for IT automation and NTRsupport, which provides an on-demand online help desk. NTRglobal says its products are used by… Continue Reading