Technology

Rocket Fuel is a leading provider of artificial intelligence advertising solutions that transform digital media campaigns into self-optimizing engines that learn and adapt in real-time and deliver outstanding results from awareness to sales.

Formed in 2002, Infor is one of the world’s largest providers of enterprise application software to large and mid-sized companies across numerous industry sectors. The company’s highly targeted vertical software automates and integrates critical business processes, helping customers to better manage their suppliers, partners, customers and employees. Summit originally invested in Infor in 2003 and 2004 when Infor acquired two of Summit’s prior portfolio companies. Several years later, with a new and talented management team in place led by CEO Charles Phillips, Infor was poised to extend its leadership position in vertical-specific business applications while transitioning its offerings to the cloud. Based on our long-standing relationship with the company, Summit had the opportunity to complete a new and larger equity investment, and Infor chose to partner with Summit again in 2012.

Delphix provides database virtualization solutions for agile data management. Leading global organizations use Delphix to dramatically reduce the time, cost, and risk of application rollouts, simplifying database operations while consolidating redundant hardware.

TeleSign is the leading provider of phone-based authentication and mobile identity solutions for global businesses that seek to prevent account and transaction fraud and protect their networks and customers from malicious behavior.

Solutionreach is a leading patient engagement and communication platform for medical, dental and vision practices. The company’s solutions empower healthcare practices to save time and generate more revenue while transforming the patient experience.

Founded in 1982, HelpSystems is a market-leading provider of IT management software solutions that enable IT professionals to automate and simplify server and network management, protect data, and give people simple access to information they need. Summit initially partnered with CEO Janet Dryer and invested in HelpSystems in 2005, and the business was acquired by Audax Group in 2007. Poised for new growth opportunities in 2012, Dryer and her management team chose to partner again with Summit to support continued expansion of HelpSystems products and services on the global stage.

Wowza Media Systems develops high-performance media server software that enables service providers, media properties, enterprises, and other organizations to deliver video and other rich media content to any digital device, including computer, mobile or TV.

Logi Analytics is a provider of web-based business intelligence software. The company’s solutions deliver dashboards, user-friendly reports, and on-demand analysis that enable users to make better decisions for their organizations.

Continuum provides a leading SaaS-based platform that Managed Services Providers use to efficiently monitor, troubleshoot and maintain desktops, servers and other endpoints for small- and medium-sized businesses.

Solid State Equipment manufactures single wafer wet processing and cleaning equipment for the semiconductor industry.

Bigpoint is a European online games platform that develops and publishes browser-based games distributed to more than 200 million registered users in over 30 languages.

Hiperos is a leading provider of a SaaS platform used by large enterprises to manage all of their third party relationships.

MACOM designs and manufactures high-performance semiconductor products for the telecommunications, industrial and defense, and datacenter industries. The company services over 6,000 customers annually with a broad product portfolio that incorporates RF, microwave, analog and mixed signal and optical semiconductor technologies.

Clearwater Analytics provides web-based software for investment portfolio reporting, accounting and analytics for corporate treasuries, asset managers, insurance companies, custody banks and electronic trading portals.

Winshuttle provides ERP usability software, enabling business users to work with ERP systems directly from Excel, PDF, SharePoint and other interfaces without any programming.

Avast Software began as a software cooperative in former Czechoslovakia. By 2010 – more than 25 years later – the company had built a leading antivirus software, protecting millions of users from online threats. With its disruptive freemium business model, Avast was growing strongly and profitably, and sought a global investor to provide strategic advice and provide partial liquidity for shareholders. In 2010, Avast chose to partner with Summit.

Accedian Networks was founded in 2005 with a focus on delivering real-time end-to-end network visibility and optimization solutions to help carriers and service providers alleviate performance issues resulting from ever-increasing traffic on wireless and enterprise networks. As carriers competed to attract and retain their customers, many – including T-Mobile, Verizon Wireless and AT&T – turned to Accedian’s performance assurance solutions to dramatically improve the end-user experience. Accedian’s management team sought an experienced equity partner to help manage this rapid growth, strengthen the balance sheet and penetrate new Tier-1 customers. We believe Summit’s deep experience in communications technology, including prior investments in Actix, Commnet Wireless and Ubiquiti Networks – helped us to build a strong relationship with management, and Accedian elected to partner with Summit in 2010.

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Theo Duchen and David McDonald founded Acturis with the goal of driving inefficiencies out of the insurance sector by focusing on technology and process innovation. Leveraging their backgrounds in the insurance and ecommerce practices at McKinsey, the founders successfully bootstrapped Acturis to become the leading SaaS-based insurance technology provider in Europe. The founders sought an experienced partner to help internationalize the business.

Ogone became a leader in payment processing in Europe by focusing on solving the complex problem of enabling online merchants to offer multiple forms of preferred payment methods across borders. The company sought to accelerate its growth through international expansion and acquisitions, and management chose to partner with Summit in 2010.

Casa Systems offers a new category of network edge devices for interactive digital video and broadband IP services. The company provides next generation cable modem transmission systems and intelligent video processing solutions for broadcast and unicast services worldwide.

Founded by Victoria Ransom and Alain Chuard, Wildfire was a pioneer in the category of social media marketing software, and built a large customer base that included Facebook, AT& T, Pepsi, Sony, Unilever and Yahoo. Profitable nearly from the start, the bootstrapped company was growing 20% per month when the founders sought an experienced software investor who could help them scale rapidly while preserving Wildfire’s culture and capital-efficient operating strategy.

Ubiquiti (NYSE: UI, formerly NASDAQ: UBNT) develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home and personal use.

Cloudmark provides comprehensive carrier-grade messaging security solutions that deliver real-time spam, virus and phishing protection for wireline and mobile networks, enterprises and social networks.

NetWitness originally developed its core technology to satisfy the security needs of high-risk government environments. As global corporations became more susceptible to and aware of sophisticated threat adversaries, the founders of NetWitness pursued opportunities to deliver real-time network threat analysis solutions to a broader customer base. Already profitable and pursued by many investors, the company chose Summit to help it scale.

PeopleAdmin provides fully hosted, on-demand human resources software and solutions designed to meet the unique requirements of higher education and public sector organizations.

Telerik began as a vendor of user interface component tools focused on Microsoft frameworks. With a community-based sales model and strong management team, the employee-owned company was growing rapidly and sought to expand its innovative product set as the industry moved to agile methodologies.

Founded in 2004 and based in Amsterdam, Flow Traders is one of Europe’s leading global technology-enabled liquidity provider specializing in Exchange Traded Products (ETPs). In 2008, Founders Jan van Kuijk and Roger Hodenius sought an experienced partner with perspective on growth stage companies and experience building leaders in the financial technology and financial services markets. Their vision: to expand geographically and take their rapidly growing and highly profitable market maker to the global stage.

Tiny Prints is an online service for customizing and printing personalized social stationery and greeting cards sold under the Tiny Prints and Wedding Paper Divas brands.

Sun Trading is a proprietary trading firm focused on quantitative trading across multiple asset classes on various electronic exchanges worldwide.

Answers is the world's leading destination for Q&A content. Reaching consumers across web, social media and mobile, Answers delivers the best content from subject matter experts, community members, social networks and internet databases to create the most multidimensional resource on the web.

Trident University International (formerly TUI University) is a regionally accredited, online university. Its technology-enabled online learning model and solutions provide a convenient, cost-effective and high-quality education with programs that lead to bachelor’s, master’s and doctoral degrees.

LiveOffice is a cloud-based email archiving company, addressing the compliance, discovery, and business intelligence needs of enterprises and their employees.

Veepee runs Internet-based, members-only sales of overstock from leading consumer brands. The company is a market leader in Europe, with operations in Austria, Belgium, France, Germany, Italy, the Netherlands, Spain and the United Kingdom. Veepee also operates a subsidiary in Brazil.

Innov-X Systems provides elemental analyzers for the industrial, transportation, security, and energy end-markets worldwide.

AvePoint (NASDAQ: AVPT) provides enterprise-class big data management, governance, and compliance software solutions for enterprise collaboration platforms. Serving IT, compliance and risk officers, AvePoint’s solution centralizes access and control of information assets residing in disparate collaboration and document management systems on-premises and in the cloud.

Empower RF Systems designs and manufactures solid-state, high-power, ultra-broadband radio frequency amplifier systems and modules for commercial and military customers worldwide.

Founded in 1995 as IGEFI Group, Multifonds had grown to become the European market leader for fund accounting software, serving several of the world’s largest asset managers and service platforms. Profitable since inception and experiencing strong growth with blue-chip clients, the company’s founders recognized an opportunity to expand beyond Europe and broaden their product and technology offering. In 2006, the company chose Summit Partners to help professionalize the business, strengthen senior management and position the company for continued expansion, particularly into the United States and Asia.

Sparta Systems provides enterprise quality and compliance management software for the life sciences, manufacturing and regulatory affairs industries.

SafeBoot was launched to address the growing demand from corporations for encryption software and management systems on laptops and other mobile data security applications. By 2005, the company had grown to serve an extensive list of Fortune 1000 clients, and its management team saw tremendous potential for further growth as information security had become a top corporate priority.

Actix provides analytics and optimization software for mobile operators, delivering real-time, geo-located, visibility and control over the Radio Access Network (RAN); the most critical part of a mobile operator’s infrastructure.

Liquidnet is an alternative trading system for the mutual fund and hedge fund industries. The company’s electronic platform allows money management firms to execute block trades directly and anonymously across international markets.

B&W Tek manufactures analytical spectrometers, spectroscopic lasers, medical lasers, and other industrial instrumentation.

Autobase provides customer relationship management and sales force automation solutions for the U.S. retail automotive industry.

NightHawk Radiology provides off-hours tele-radiology services for radiology groups, hospitals, and clinics across the United States.

Web Reservations International Limited provides online bookings and reservations technology for the budget, independent, and youth travel sectors worldwide, through its boo.com, hostelworld.com, and hostels.com brands.

optionsXpress is an online brokerage firm for self-directed investors who want to use options to protect portfolios, increase investment income, and maximize returns on stock movements.

Brian Schuchman began Commnet Wireless by building and operating the wireless networks of spectrum lottery winners, eventually securing roaming agreements with virtually every U.S.-based wireless provider including AT&T Wireless, T-Mobile and Verizon. To accelerate the company’s growth rate and penetrate new markets, Commnet Wireless sought outside capital to help fund the build-out of a GSM* network.

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Jamba! is a content provider to the mobile phone industry. The company sells audio and visual entertainment products and services for handset personalization.

Medical Information Technology, or MEDITECH, provides integrated software solutions to meet the information needs of health care organizations worldwide.

M-Audio is a leading provider of creative tools for electronic musicians and audio professionals. M-Audio specializes in transforming advanced technology into affordable products.

Sage Telecom is a competitive local exchange carrier providing local, long distance and enhanced voice services to residential and small business customers in rural and suburban markets.

Belkin International is a preeminent supplier of connectivity solutions and accessories for the computer and consumer electronics user.

ProClarity Corporation delivers analytic software and services that accelerate the speed at which organizations make informed decisions to optimize business performance.

FLEETCOR Technologies is aleading global corporate payments company that helps businesses spend less byproviding innovative solutions that enable and control expense-relatedpurchasing and payment processes. The FLEETCOR portfolio of corporate payment solutionsautomate, secure, digitize and manage payment transactions on behalf ofbusinesses around the world.

FLEETCOR announced its rebranding to Corpay (NYSE: CPAY) in 2024.

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TrelliSoft is a provider of storage resource management solutions, which enable users to map storage assets; analyze storage usage by user, application and database; and enforce selective policies such as backup.

GoldenGate Software is an infrastructure software company, providing solutions that enable real-time, multi-platform data movement and data integration for high volume mission-critical transaction systems.

Axis Systems provides hardware and software systems for functional verification of electronic systems and complex integrated circuits.

Blue Ocean Software provides cost effective help desk, asset management, and asset tracking software for small and medium-sized businesses.

Sybari Software provides groupware anti-virus and content filtering software to the corporate IT market.

Hittite Microwave Corporation is a designer, developer, and manufacturer of high-performance integrated circuits for wireless and wireline communications systems.

PowerSmart is a pioneer in the field of smart battery electronics. The company designs and manufactures semi-conductors which enable more efficient battery usage for mobile systems.

MediaQ develops integrated semiconductors and software for mobile, wireless, and handheld devices to enhance visual display, improve connectivity, and minimize power consumption.

Meridian Systems provides enterprise solutions that optimize the plan, build and operate phases of real estate, construction and other physical infrastructure initiatives.

Freedom Scientific provides technology products for people with blindness or vision impairment, speech impairment, hearing loss, and learning disabilities.

MIND CTI provides billing and customer care, accounting and management solutions for multiple IP services including voice, data, content and unified messaging.

Globe Wireless provides wireless communications for the maritime industry. It combines service and technology to simplify worldwide communications to and from ships at sea.

Burst Media is an online advertising sales network, offering customized advertising solutions and effective advertisement management technology to web publishers.

WebEx Communications provides real-time communications infrastructure for business meetings on the Web that integrate voice, video, and data.

RightNow Technologies provides Internet-based customer support software and service solutions that deliver rapid time-to-benefit and quick return on investment.

Unica Corporation provides enterprise marketing software that helps users predict consumer behavior and execute effective marketing programs.

CallTech Communications provides outsourced contact center services including customer service, technical support, and transactions.

iPayment provides credit and debit card-based payment processing services to small- and mid-sized merchants across the United States.

Sirenza Microdevices designs and supplies high performance radio frequency components for communications equipment.

Fry provides web development and managed services solutions to clients in transaction-intensive consumer and B2B industries, including retail, financial services, consumer packaged goods, and automotive.

When Summit invested in WebSideStory in 1999, it was a single-solution company providing a web analytics platform that it monetized through display advertisements. As the Internet advertising market deteriorated following the tech collapse in 2000, WebSideStory reoriented its business to a SaaS subscription model and began expanding its product offering to provide a full suite of on-demand digital marketing tools. To help lead the company’s transformation, Summit supported the recruitment of industry veteran Jeff Lunsford as CEO.

Newmarket®, an Amadeus company, delivers proven solutions for hospitality organizations including sales and marketing automation, catering and events, workflow management, service optimization, property maintenance, meeting intelligence, customer relationship management, and guest loyalty. Newmarket’s expertise and Amadeus’ global scale empowers hospitality organizations to lower costs, increase revenue, improve customer satisfaction, and guest loyalty

AlphaSmart provides portable computer companion products that complement PCs in the classroom and help teachers become more productive.

Navis provides enterprise software solutions for the maritime transportation and logistics industry.

Finisar is a leading developer and manufacturer of high-speed, fiber-optic subsystems and test equipment used in data communications networks.

Somera Communications provides telecommunications operators with equipment deployment services to optimize their networks and equipment assets.

PriceInteractive provides high-volume interactive voice response services, which allow organizations to provide automated customer service information on a 24/7 basis, without the need for a live operator.

AltoCom develops, markets and licenses intellectual property cores, which provide communications solutions to the embedded systems, remote access server, and personal computer markets.

Dorn Technology Group provides software solutions for the insurance industry. Its product is used primarily by risk and claim managers, adjusters, insurance managers, attorneys, and third-party administrators.

InstallShield Software provides professional Windows software installation and development tools.

GERS Retail Systems is a worldwide leader in information management software, hardware, and service solutions for the retail and direct marketing industries.

OPNET Technologies provides software tools for planning, modeling, and simulating communication networks and distribution systems.

Netcom Systems specializes in high-performance test equipment systems for the networking industry.

E-TEK Dynamics designs and manufactures quality fiber-optic components that enable next-generation optical networks.

Ditech Networks is a provider of echo cancellation and voice processing solutions, which enable service providers to improve the quality of wireless, wireline, and voice-over-packet networks.

GHz Technology provides high-performance RF and microwave silicon power transistors for the telecommunications, electronics, and avionics industries.

IMPAC Medical Systems provides integrated clinical and administrative management systems for cancer specialists.

Omtool provides client/server fax automation software. The company’s fax server allows corporate users to avoid the costs of fax machines, monthly phone charges, and desktop modems.

MCK Communications provides telecommunications products that extend the functionality of corporate telephone systems, or PBXs, to remote locations.

Pacer Electronics is a distributor of wires, cables, and related supplies to OEMs and VARs.

Insync Systems designs, manufactures and markets ultra clean gas control systems and gas system subassemblies to semiconductor equipment manufacturers.

Splash Technology produces raster image processors that allow ordinary photocopiers to function as digital color copiers.

DSET Corporation provides distributed software development tools for the telecommunications industry. DSET’s products are used by telecommunications carriers and equipment vendors to automate and support complex network management functions.

HMT Technology Corporation is an independent supplier of high performance thin-film disks for high-end, high-capacity hard disk drives for PCs, network servers, and work stations.

SeaChange International is a provider of digital advertisement insertion systems for the cable TV industry. SeaChange uses industry-standard components for connecting digital storage media to high bandwidth networks.