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Venture Capital
northzone.com

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Investments

316

Portfolio Exits

66

Funds

9

Partners & Customers

1

About Northzone Ventures

Northzone is a European Partnership with a Nordic stronghold. With nine dedicated professionals in Oslo, Stockholm and Copenhagen - most of whom are themselves former successful, entrepreneurs.

Northzone Ventures Headquarter Location

3rd Floor, 27 Kingly Street

London, England, W1B 5QE,

United Kingdom

46 - 8 -599 05 880

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Research containing Northzone Ventures

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CB Insights Intelligence Analysts have mentioned Northzone Ventures in 1 CB Insights research brief, most recently on Oct 9, 2019.

Latest Northzone Ventures News

Nimsoft Announces $10.3 Million in Venture Capital Funding

Aug 9, 2018

Profitable Company Joins with Lead Investors JMI Equity and Northzone Ventures to Maintain Momentum in High Growth, Service Level Management Market January 10, 2007 07:00 AM Eastern Standard Time REDWOOD CITY, Calif.--( BUSINESS WIRE )--Nimsoft, a leading provider of service level management solutions, today announced that the company has secured $10.3 million in funding from JMI Equity and Northzone Ventures. Nimsoft, established in 1998 and profitable since its founding, has never received any external investment capital and has grown organically to more than 400 customers. The capital investment will fund an expansion of the company’s worldwide sales and marketing outreach and will further develop its product offerings, which help customers manage critical IT resources and application performance. For the past three years, Nimsoft has consistently grown revenues in the high double digits, evidence of market acceptance of Nimsoft’s low cost, easy-to-deploy solutions. Lead investors Peter Arrowsmith of JMI Equity and Torleif Ahlsand of Northzone Ventures will join Nimsoft’s board of directors. Both venture capital firms have helped lead growing infrastructure software companies into successful, industry-leading businesses. “Under the strong leadership of Gary Read and his team, Nimsoft’s solutions are the most comprehensive in its class,” said Peter Arrowsmith, general partner of JMI Equity. “NimBUS is bringing the power of enterprise-class, service level management to both medium and large-sized enterprises in addition to building a rapidly expanding business with managed service providers. Overall, our due diligence revealed a customer base that was ecstatic about Nimsoft’s customer service and hailed them as the leader in a new wave of vendors in this market.” Torleif Ahlsand of Northzone Ventures added, “Nimsoft has built successful operations in both the United States and Europe, which is impressive for this early stage of a growth company. We look forward to working with Nimsoft and helping them further expand into their core markets and building operations in new markets.” “Our commitment to our customers and our solid end-to-end monitoring and application performance solutions put us in a position of strength for the future,” said Gary Read, president and CEO of Nimsoft. “Joining with JMI Equity and Northzone Ventures reinforces our vision that aligning IT infrastructures to business objectives is tangible and measurable. Customers have confirmed that Nimsoft’s in-depth analysis of the performance of IT infrastructure is a compelling asset for both business and technical evaluations.” Nimsoft’s product, NimBUS, offers a line of real-time, service level management solutions that provide the breadth of large enterprise management solutions without the associated expense and complexity. Its scalable and reliable monitoring capabilities proactively manage critical IT resources, such as servers, applications, databases and network services and devices, in the most demanding of IT environments. Unlike traditional solutions, NimBUS can be deployed within a matter of days and it costs a fraction of traditional solutions. About JMI Equity JMI Equity, based in Baltimore and San Diego, is a private equity firm exclusively focused on providing growth capital to software and service companies. Founded in 1992, JMI has invested in more than 75 companies throughout North America and has approximately $700 million of capital under management. In addition to providing the first institutional capital to self-funded companies, JMI also invests in selected recapitalization and management buyout financings. Representative investments include Blackbaud, Inc. (Nasdaq: BLKB), DoubleClick, Inc., Jackson Hewitt, Inc. (NYSE: JTX), Mission Critical Software, Inc. (acquired by NetIQ, Inc. (Nasdaq: NTIQ)), NEON Systems, Inc. (acquired by Progress Software Corporation (Nasdaq: PRGS)), Transaction Systems Architects, Inc. (Nasdaq: TSAI) and Unica Corporation (Nasdaq: UNCA). For more information on JMI Equity, visit www.jmiequity.com . About Northzone Ventures Northzone Ventures has backed early stage Nordic technology winners since its inception in 1994. Northzone has nine General Partners based in Stockholm, Oslo and Copenhagen, and has over four funds invested in close to 50 companies. Northzone V was raised in April 2006 with €175 million from top-tier European institutional investors. Present and past portfolio companies include Funcom (OSE: FUNCOM), Lastminute (acquired by Travelocity, Inc.), Mamut (OSE: MAMUT), Nextgentel (acquired by TeliaSonera), Pricerunner (acquired by Valueclick, Inc.), Stepstone (OSE: STP) and Trolltech (OSE: TROLL). For more information please visit www.northzone.com . About Nimsoft Nimsoft is the premier provider of business-focused service level management solutions that customers can easily deploy and use. The company’s Service Level Management solutions – NimBUS – are used by hundreds of companies across diverse industries to manage complex networked systems and meet service level agreement targets. Nimsoft solutions combine advanced SLM functionality and broad platform coverage with unprecedented ease of implementation, deployment and use. NimBUS, Nimsoft and the Nimsoft logo are trademarks or registered trademarks of Nimsoft Inc. All other company and product names may be trademarks or registered trademarks of their respective companies.© 2006 Nimsoft Inc. all rights reserved.

Northzone Ventures Investments

316 Investments

Northzone Ventures has made 316 investments. Their latest investment was in Automaited as part of their Seed VC on April 4, 2022.

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Northzone Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/28/2022

Seed VC

Automaited

$4.2M

Yes

Headline, and Undisclosed Angel Investors

1

4/27/2022

Seed VC

Ravio

$10M

Yes

4

4/21/2022

Series C

Pollen

$150M

No

5

4/13/2022

Series C

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$99M

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10

4/5/2022

Seed VC

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$99M

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10

Date

4/28/2022

4/27/2022

4/21/2022

4/13/2022

4/5/2022

Round

Seed VC

Seed VC

Series C

Series C

Seed VC

Company

Automaited

Ravio

Pollen

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Amount

$4.2M

$10M

$150M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Headline, and Undisclosed Angel Investors

Sources

1

4

5

10

10

Northzone Ventures Portfolio Exits

66 Portfolio Exits

Northzone Ventures has 66 portfolio exits. Their latest portfolio exit was BehavioSec on May 03, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/3/2022

Acquired

2

1/24/2022

Acquired

6

9/2/2021

Acquired

2

3/23/2021

IPO

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$99M

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10

1/13/2021

Acquired

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10

Date

5/3/2022

1/24/2022

9/2/2021

3/23/2021

1/13/2021

Exit

Acquired

Acquired

Acquired

IPO

Acquired

Companies

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Valuation

$99M

Acquirer

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Sources

2

6

2

10

10

Northzone Ventures Acquisitions

1 Acquisition

Northzone Ventures acquired 1 company. Their latest acquisition was EPiServer on August 20, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/20/2007

$99M

Acq - Fin

1

Date

8/20/2007

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acq - Fin

Sources

1

Northzone Ventures Fund History

9 Fund Histories

Northzone Ventures has 9 funds, including Northzone IX.

Closing Date

Fund

Fund Type

Status

Amount

Sources

11/18/2019

Northzone IX

Early-Stage Venture Capital

Closed

$500M

3

9/5/2016

NZVIII

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$99M

10

12/16/2014

Northzone VII

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$99M

10

4/1/2011

Northzone VI

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$99M

10

4/25/2006

Northzone V

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$99M

10

Closing Date

11/18/2019

9/5/2016

12/16/2014

4/1/2011

4/25/2006

Fund

Northzone IX

NZVIII

Northzone VII

Northzone VI

Northzone V

Fund Type

Early-Stage Venture Capital

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Status

Closed

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Amount

$500M

$99M

$99M

$99M

$99M

Sources

3

10

10

10

10

Northzone Ventures Partners & Customers

1 Partners and customers

Northzone Ventures has 1 strategic partners and customers. Northzone Ventures recently partnered with MarketFinance on September 9, 2015.

Date

Type

Business Partner

Country

News Snippet

Sources

9/3/2015

Partner

United Kingdom

1

Date

9/3/2015

Type

Partner

Business Partner

Country

United Kingdom

News Snippet

Sources

1

Northzone Ventures Team

7 Team Members

Northzone Ventures has 7 team members, including current Chief Financial Officer, Stine Foss.

Name

Work History

Title

Status

Stine Foss

Chief Financial Officer

Current

Torleif Ahlsand

Handelsbanken, and Orkla

General Partner

Current

Jörgen Bladh

General Partner

Current

Hans Otterling

General Partner

Current

Par-Jorgen Parson

General Partner

Current

Name

Stine Foss

Torleif Ahlsand

Jörgen Bladh

Hans Otterling

Par-Jorgen Parson

Work History

Handelsbanken, and Orkla

Title

Chief Financial Officer

General Partner

General Partner

General Partner

General Partner

Status

Current

Current

Current

Current

Current

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