Profile

Founded in 2015, PeakSpan Capital is a leading growth equity firm investing exclusively in high-growth business-to-business (or “B2B”) software companies. With $2.5 billion in assets under management (“AUM”) and a team of 28 investment professionals across its San Mateo and New York City offices, PeakSpan has supported 50+ software businesses and has realized 19 full and partial exits to date.

PeakSpan is committed to its mission of being the partner of choice for best-in-class, emerging growth-stage software entrepreneurs and teams looking to scale sensibly and capitalize on strategic, high-quality market opportunities. Through a highly focused and proprietary data-driven strategy, PeakSpan partners with scale-up software entrepreneurs with the goal of delivering the best risk-adjusted outcomes. PeakSpan leverages its deep domain (spanning 12 BluePrint Market Themes) and stage expertise, proprietary and patented technology platform and consultative approach to drive strategic initiatives, and an on-demand network of over ~400 operating advisors through their PeakSpan Expert Community (“PEC”) program, which provides for superior operational support across key strategic initiatives such as go-to-market, product strategy, organizational model best practices, industry or practitioners perspectives, and more.

Awards

2025 Top Software Investors, Top 40 Under 40 Growth Investors, Top Growth Equity Firms

2024 Top Growth Equity Firms, Top 40 Under 40 Growth Investors

2023 Top Growth Equity Firms

2015 Top 40 Under 40 Growth Investors

Features

Veteran Software Investor: PeakSpan’s Phil Dur

GrowthCap’s RJ Lumba spoke with Phil Dur on December 3, 2025. Phil is Co-Founder and Managing Partner of PeakSpan Capital, a growth equity firm focused on B2B software companies. He co-founded the firm in 2015 and previously spent a decade at Investor Growth Capital, where he led software investing.

Key People

Phil Dur, Co-Founder & Managing Partner (LinkedIn)

Phil Dur is a co-founder and Managing Partner at PeakSpan Capital based in the San Mateo office. Phil brings over 25 years of experience as a B2B software investor, including serving on the board of more than 40 growth-stage B2B software companies. At PeakSpan, he leads investments across the firm’s Customer Experience Management and Human Capital Management BluePrint Market Themes. Phil currently serves on the Board of Directors for Arist, Cloudbeds, Epignosis, EvaluAgent, Fuel50, GetWhy, GroupBy, Kudoboard, Leasecake, Madgicx, Nectar, Stylitics, Tidio, TraceAir, Vyond, and Yodeck. Before co-founding PeakSpan Capital, Phil spent 10 years with Investor Growth Capital (growth equity platform for Investor AB) as a Managing Director leading their software investment team.

Matt Melymuka, Co-Founder & Managing Partner (LinkedIn)

Matt Melymuka is a co-founder and Managing Partner at PeakSpan Capital based in the New York City office. Matt has spent his entire career dedicated to supporting growth-stage software companies and has partnered with more than 30 growth-stage B2B software businesses over the past 15 years. At PeakSpan, he leads investments across the firm’s Hospitality Technology and Go-To-Market (GTM) Technology BluePrint Market Themes. Matt currently serves on the Board of Directors for Cloudbeds, Cognism, Cordial, Konnecto, Oaky, Rallyware, Salonkee, and Vyond. Prior to co-founding PeakSpan, Matt was on the investment team at both Investor Growth Capital (software growth equity platform for Investor AB) and Greycroft Partners.

Jay Lance, Chief Financial Officer & Chief Compliance Officer (LinkedIn)

Jay Lance is the Chief Financial Officer and Chief Compliance Officer at PeakSpan Capital based in the New York City office. Jay brings over 18 years of experience in private assets. Prior to joining PeakSpan Capital in 2015, he worked at The Carlyle Group in their Global Market Strategies division focused on distressed and mezzanine debt approaches. Before that, Jay was employed at Ernst & Young LLP, managing four asset management clients, including one of E&Y’s Office of the Chairman accounts. Jay is a Certified Public Accountant in New York, a CFA® charter holder, as well as a Certified Financial Planner™.

Jack Freeman, Partner (LinkedIn)

Jack Freeman joined PeakSpan Capital in 2016 and is a Partner based in the New York City office. Jack has spent his entire career supporting growth-stage software companies and has worked closely with more than 20 growth-stage B2B software businesses over the past decade. At PeakSpan, he leads investments across the firm’s Financial Technology and Supply Chain BluePrint Market Themes. Jack currently serves on the Board of Directors for Dispatch, Finally, FinPay, PetVisor, PorchPass, PrettyDamnQuick (PDQ), Sales Layer, ShipHawk, Tapcheck, and XOi Technologies. Before PeakSpan, Jack was at Macquarie Capital, executing software M&A and capital markets transactions.

Sanket Merchant, Partner (LinkedIn) 

Sanket Merchant joined PeakSpan Capital in 2016 and is a Partner based in the San Mateo office. Sanket has spent his entire career supporting growth-stage software companies and has worked closely with several dozen growth-stage B2B software businesses over the past 13 years. At PeakSpan, he leads investments across the firm’s Education Technology and Cybersecurity & Digital Infrastructure BluePrint Market Themes. Sanket currently serves on the Board of Directors for Abre, Bongo, Epignosis, Fuel50, Kudoboard, MindBridge Ai, Opkey, SOCRadar, and Yodeck. Before PeakSpan, Sanket was at Houlihan Lokey, focused on software M&A and private placements. 

Phillip Cunningham, Vice President of Strategic Development & Investor Relations (LinkedIn)

Phillip Cunningham joined PeakSpan Capital in 2022 and is a Vice President of Strategic Development and Investor Relations based in the San Mateo office. Phillip brings nearly a decade of experience as an operator, investor, and advisor to growth-stage software businesses. At PeakSpan, he runs programming to ready portfolio companies for exit and manage investor communications. Prior to PeakSpan, Phillip was Head of Corporate Development at Cloudbeds and helped them raise ~$250M in equity financing and complete three (3) tuck-in acquisitions. He was also on the investment team at PeakSpan Capital from 2017-2019 and on the Software M&A team at Goldman Sachs previously.

Kyle Reitinger, Vice President (LinkedIn)

Kyle Reitinger joined PeakSpan Capital in 2019 and is a Vice President based in the San Mateo office.  Kyle has spent his entire career dedicated to supporting growth-stage software companies and has worked closely with more than a dozen growth-stage B2B software businesses across his career. At PeakSpan, he leads investments across the firm’s Next-Gen Commerce and Property Technology BluePrint Market Theme. Kyle currently serves on the Board of Directors for Aidium, Leasecake, Madgicx, Sales Layer, ShipHawk, Stylitics, TraceAir, and Tidio. Prior to PeakSpan, he was in the Technology Investment Banking Division at RBC Capital Markets covering M&A and capital markets transactions for Internet and Software businesses.

Justin Kelly, Vice President (LinkedIn)

Justin Kelly joined PeakSpan Capital in 2022 and is a Vice President based in the New York City office. Justin has spent his entire career dedicated to supporting early- and growth-stage software across Enterprise Software, FinTech, and Digital Health. At PeakSpan, he leads investments across the firm’s Digital Health and Payments BluePrint Market Theme. Justin currently serves on the Board of Directors at EvaluAgent, GetWhy, and PorchPass. Prior to PeakSpan, Justin was a Senior Associate at AXA Venture Partners and started his career in investment banking at Houlihan Lokey, working on M&A and financing deals in software and tech-enabled services.

Funds Raised

Since its inception in 2015, PeakSpan Capital has been committed to its mission of being the partner of choice for best-in-class, emerging growth-stage software entrepreneurs and the goal of delivering the best risk-adjusted outcomes for its stakeholders.

The firm has $1.5 billion in AUM and is currently investing out of its $585 million Fund III.

Key Investments

Cyara: Invested December 2015
Sector(s): Customer Experience Management, Cybersecurity & Digital Infrastructure

Cyara revolutionizes the way businesses transform and optimize their customer experiences. Cyara’s AI-based CX Transformation Platform empowers enterprises to deliver flawless interactions across voice, video, digital, and chatbot experiences. With Cyara, businesses improve customer journeys through continuous innovation while reducing costs and minimizing risk. In January 2022, Cyara received a $350M growth investment from K1 Investment Management.

Kenna Security: Invested November 2016 and Exited June 2021.
Sector(s): Cybersecurity & Digital Infrastructure

Kenna Security is a cybersecurity leader that offers a risk-based vulnerability management platform that prioritizes vulnerability risks. Kenna’s risk-based vulnerability management technology enables organizations to work cross-functionally to identify, prioritize, and remediate cyber risks rapidly. Kenna was acquired by Cisco (NASDAQ: CSCO) in June 2021. 

Cloudbeds: Invested April 2017
Sector(s): Hospitality Technology

Cloudbeds is the hospitality industry’s fastest-growing technology partner, serving a global customer base of thousands of properties across 157 countries. Its award-winning Cloudbeds Hospitality Platform seamlessly combines operations, revenue, distribution, and growth marketing tools with a marketplace of third-party integrations to help hoteliers and hosts grow revenue, streamline operations, and deliver memorable guest experiences. Cloudbeds was named No. 1 PMS and No. 1 Hotel Management System by Hotel Tech Report in 2022, Best PMS, and Best Channel Manager by the World Travel Tech Awards in 2021, and has been recognized by Deloitte’s Technology Fast 500 in 2021. In October 2021, Cloudbeds received a $150M growth investment from SoftBank. 

Epignosis: Invested October 2017
Sector(s): Human Capital Management, Education Technology

Epignosis is an award-winning and leading provider of high-velocity learning management solutions that gives organizations of all sizes an easy-to-use, fully-featured, disruptively priced SaaS platform that achieves their internal and external learning objectives. 

Zingle: Invested March 2018 and Exited September 2019
Sector(s): Hospitality Technology, Customer Experience Management

Zingle is a leading provider of mobile customer service solutions, enabling businesses across a variety of verticals and use cases to more effectively and efficiently communicate with their end customers, driving increased customer satisfaction, revenue uplift and cost savings through process and workflow automation. Zingle was acquired by Medallia for an undisclosed amount in September 2019. 

Cordial: Invested June 2018
Sector(s): Go-to-Market Technology

Cordial is the only true marketing platform that empowers brands to fully automate their marketing strategies and power billions of high-conversion messages based on data—while producing record-breaking customer engagement and revenue growth. They are an award-winning, high-growth company on a mission to help brands send a better message. In July 2022, Cordial received a $50M growth investment from NewSpring Capital. 

Inference: Invested July 2018 and Exited December 2020
Sector(s): Customer Experience Management, Cybersecurity & Digital Infrastructure

Inference is a leading provider of next-generation, omni-channel Interactive Voice Response/IVR and Intelligent Virtual Agent/IVA solutions that elegantly orchestrate and automate complex customer engagement tasks for clients across a host of industry verticals. Inference was acquired by Five9 in November 2020 for an undisclosed amount. 

PetVisor: Invested December 2018
Sector(s): Digital Health 

Petvisor is a best-in-class veterinary and pet services business management and client engagement software platform looking to transform pet care through innovative technology. In November 2023, PetVisor received a $100M growth investment from Apax Digital. 

MindBridge: Invested February 2019
Sector(s): Cybersecurity & Digital Infrastructure, Payments

MindBridge is a global leader in financial risk discovery and anomaly detection that helps financial professionals access better ways of working by identifying, surfacing, and analyzing risk across broad financial datasets. The application combines audit and finance expertise with data science and AI ingenuity to support professional judgment and serve the human need for financial transparency. In March 2023, MindBridge received a $80M (CAD) growth investment from PSG. 

Cognism: Invested July 2019
Sector(s): Go-to-Market Technology

Cognism is a leader in international sales intelligence, setting a new standard for data quality and compliance, trusted by 1800+ revenue teams worldwide. Cognism helps businesses find, engage, and close their dream prospects by providing premium company and contact information, including firmographics, technographics, sales trigger events, intent data, verified business emails, and phone-verified mobile numbers. In January 2022, Cognism received a $83M growth investment from Blue Cloud Ventures and Viking Global. 

XOi Technologies: Invested July 2019
Sector(s): Supply Chain Management

XOi provides an end-to-end SaaS field service execution platform. XOi is built for HVAC, Plumbing, Electrical, Construction, Kitchen Equipment, and more. Connecting people from all parts of the field service ecosystem with the equipment they service, and centered around the data your techs collect on a job site, XOi transforms your business from the ground up through streamlined workflows, instant access to knowledge, robust insights, and game-changing customer transparency.  

Luma Health: Invested June 2019 and Exited September 2021
Sector(s): Digital Health

Luma’s Patient Success Platform unifies and automates each of a patient’s healthcare journeys — access & operational, clinical, and financial — to help them be healthier. It integrates with more than 80 EHRs to give staff and clinicians a fuller view of the patient with less manual outreach. In November 2021, Luma received a $130M growth investment from FTV Capital. 

Stylitics: Invested July 2019
Sector(s): Next-Gen Commerce

Stylitics is an outfitting and styling technology partner to the world’s most forward-thinking retailers. We help retailers deepen customer relationships, maximize every sales opportunity, and create efficiencies everywhere from the design studio to the sales floor. An end-to-end outfitting solution that’s one part tech, one part brand strategy, and one part visual merchandising. Starting with a database of stylish outfit images that are created automatically according to your brand, Stylitics makes it possible for retailers to deliver personalized, outfit-driven experiences for every product, to every customer, everywhere—no stylist required. In May 2022, Stylitics received a $80M growth investment from PSG.  

Ecwid: Invested March 2020 and Exited June 2021
Sector(s): Next-Gen Commerce

Ecwid provides a SaaS-based e-commerce platform that targets micro-small business customers and enables them to quickly and seamlessly stand up a fully-featured online storefront across multiple channels. In June 2021, Ecwid was acquired by Lightspeed for $500M. 

Yodeck: Invested August 2020
Sector(s): Customer Experience Management

Yodeck is a leading provider of digital signage solutions to businesses across a host of vertical markets (hotels, restaurants, retail, QSR, corporate offices, etc.) with a value proposition hinged on strong form ease of use, a complete feature set, and disruptive pricing. Yodeck prides itself on providing an exceptional digital signage solution to businesses of all sectors and sizes, from local diners to global leaders who already trust them, including Delta Airlines, Autodesk, Adobe, Domino’s, Deloitte, and Swissport.

Vyond: Invested April 2021
Sector(s): Go-to-Market Technology

Vyond is an enterprise-grade agile video creation studio that accelerates positive business outcomes. Today’s stakeholders (prospects, customers, employees, and communities) have a higher threshold for engagement and are more video-native than ever. Vyond enables your business to quickly create relevant, engaging videos that motivate today’s overloaded, distracted stakeholders to take action. Vyond is reinventing business communications.

Tapcheck: Invested April 2022
Sector(s): Payments Technology

Tapcheck is the highest precision earned wage access platform on the market, enabling employees access to their wages on-demand at no cost to the employer. Tens of thousands of employers have added Tapcheck to their benefits package, and have found that offering on-demand pay significantly increases employee satisfaction, reduces turnover, and is something that distinguishes them from competitors.

Salonkee: Invested June 2023
Sector(s): Hospitality Technology

Salonkee is a leading salon management solution provider based in Luxembourg. Established with the mission to become a European category leader, Salonkee offers the most comprehensive suite of management tools for hair and beauty salons across Europe. Their innovative, user-friendly platform is designed to streamline operations, increase efficiency, and enhance the customer experience, making them the preferred choice for salons across the continent.

Onboard: Invested June 2023 and Exited April 2024
Sector(s): Property Technology

Onboard is a leading provider of bulk IT amenity procurement and management software for multi-family and single-family property owners. In May 2024, Onboard was acquired by Conservice, the largest utility management company in the US, backed by Advent International and TA Associates, to power the next frontier of utility adoption through bulk internet procurement. 

SOCRadar: Invested in April 2024
Sector(s): Cybersecurity & Digital Infrastructure

SOCRadar is a leading provider of CTI solutions, offering a comprehensive platform that combines threat intelligence, attack surface monitoring, and digital risk protection. SOCRadar empowers organizations to proactively manage and mitigate threats, ensuring higher cybersecurity resilience.

Abre: Invested in April 2024
Sector(s): Education Technology, Cybersecurity & Digital Infrastructure

Abre is K-12’s #1 modern data solution and a configurable K-12 data warehouse and analytics platform primarily serving mid-size U.S. school districts. With Abre, schools improve their operational efficiency, increase ALL stakeholder engagement, empower school leaders to make confident decisions, and help schools reinvest in what matters most (their students).

Nectar: Invested in April 2024
Sector(s): Human Capital Management

Nectar is a software company specializing in employee recognition and rewards solutions. The company is committed to helping organizations develop robust workplace cultures where every individual feels valued and appreciated. Nectar’s platform is designed to be user-friendly, customizable, and impactful, enabling companies to acknowledge and reward employee contributions effectively.

GetWhy: Invested in May 2024
Sector(s): Customer Experience Management

GetWhy is a Danish consumer research technology company, driven by the democratization of insights. The company delivers human insights to global business-to-consumer companies. Established in Copenhagen in 2011, GetWhy launched the AI platform in 2022.

Opkey: Invested in July 2024
Sector(s): Cybersecurity & Digital Infrastructure

Opkey is an AI-powered, no-code test automation platform that empowers enterprises to automate testing with unparalleled speed, coverage, and reliability. Its advanced AI-driven solutions enable continuous testing across a wide range of enterprise applications, ensuring high-quality software delivery and faster time-to-market.

PorchPass: Invested in July 2024
Sector(s): Payments Technology, Financial Technology, Property Technology

PorchPass is a provider of tech-enabled services and vertical software for financing origination and dealer operations in the manufactured housing space.

PrettyDamnQuick: Invested in December 2024
Sector(s): Supply Chain Management, Next-Gen Commerce

PrettyDamnQuick (PDQ) is an all-in-one checkout, fulfillment, and shipping optimization platform that boosts conversion rates and powers perfect customer delivery experiences for hundreds of the fastest-growing Direct-To-Consumer brands. With advanced A/B testing and segmentation segmented shipping options, live rate shopping, and geofencing, PDQ provides tailored data-driven recommendations that enable online merchants to optimize checkout performance, ship for less, and deliver as promised.

Capital Responsibility

PeakSpan is dedicated to thoughtful environmental, social, and governance (“ESG”) management within the firm and community. It aims to be additive in value and seeks to reduce risk when challenges arise, whenever possible. PeakSpan strives to have an inclusive and open environment and understands that it is responding to a rapidly changing world as it addresses ESG and other issues. The firm believes that strong ESG policies strengthen the long-term prosperity of a company for all stakeholders (employees, vendors, investors, entrepreneurs). The firm recognizes that its commitment to its stakeholders is to deliver the best risk-adjusted returns, and it believes that it lives in harmony with its ESG Framework.

PeakSpan seeks to integrate ESG considerations throughout its investment lifecycle to minimize risks, promote innovation, and advance certain sustainability outcomes and inclusive policies. PeakSpan supports the SASB Standards and Framework and seeks to align its investment activity with its investment mandate within the software industry.  

PeakSpan believes that ESG is a journey, and the firm will seek to not simply assess a target company’s ESG capability but, where possible, intend to collaborate closely with them to improve ESG performance during its investment. The firm will also strive to impact its surrounding communities where possible.

ESG, as it relates to Asset Managers, differs from the standards for its portfolio companies. Therefore, PeakSpan has used the SASB Standards for Asset Managers to record its efforts in further advancing its ESG compliance and positive climate and community impacts.

CEO Reviews

James Isilay, Founder & CEO of Cognism

“If you are looking for an investor who’s been there and done that, this is the team for you. Their depth of knowledge and experience around the most relevant issues facing our business is amazing.”

Ruslan Fazlyev, Co-Founder & CEO of Ecwid

“It was a blast working with you, Phil! You absolutely crushed every possible expectation on how much resource, effort, and value an investor can allocate to a portfolio company, and you were always very timely; when you called us it was usually a second earlier to us understanding we needed you.”

Aaron Fulkerson, Founder & Former CEO of MindTouch

“Building a growth company that creates durable value is a daily bottle – it’s just hard. Having PeakSpan in your corner as you build your business is like bringing a gun to a knife fight.”

Dimitris Tsingos, President of Epignosis and Yodeck

“PeakSpan practices what they preach. They are passionate about helping you grow your business the right way, and they’re always there to help. They’ve been an amazing partner to Epignosis.”

Anne Fulton, Co-Founder & CEO of Fuel50

“I had the opportunity to develop a relationship with PeakSpan for three years before partnering with them. Their knowledge of our category is remarkable, and the impact they had even before they invested was amazing.”

Callan Schebella, Co-Founder & CEO of Inference

“It doesn’t really matter who you are working within the organization; they do exactly what they say they are going to do. They are incredibly respectful of your time… if I had a chance to work with anyone at PeakSpan again, I would not hesitate at all. It was a fantastic experience from start to finish.”

Ford Blakely, Founder & CEO of Zingle

“PeakSpan was instrumental in helping me scale our business and secure an awesome outcome for stakeholders. They helped us sharpen our focus and go-to-market strategy, bring on new talent, and improve awareness. It was like having another co-founder in the business.”

Taylor Cavanah, Co-Founder & CEO of PetDesk

“PeakSpan deeply understands the challenges entrepreneurs face, and they speak our language. They get scaling, they get software, and they’re committed to responsible company building.”

Mykhaylo Kostandov, Co-Founder & CTO of Rallyware

“Above all, they are just good, genuine humans, and they really care. This is the foundation for everything else that we work on, and I am so excited to build great things together.”

Yahav Hartman, Co-Founder & CEO of Madgicx

“We looked for a partner with a lot of experience and knowledge, someone who can really take us to the next level and help us unlock our growth potential. For us, PeakSpan felt like a natural partner… We know PeakSpan always has Madgicx in their hearts and we know that PeakSpan always has our back.”

Adam Harris, Co-Founder & CEO of Cloudbeds

“These guys were there during the hard days and celebrating along the good ones… You could tell early on with their thesis, the amount of time and effort they spent with us, they care.”

Rohan Deuskar, Co-founder & CEO of Stylitics

“From our first meeting, they were just really open, transparent, and very much on our side as a company… I don’t think I’ve met a group of people who work as hard as they do.”

Gary Lipkowitz, CEO of Vyond

“I took over 200 calls, with about 80 firms over a two-year period. And out of that group, PeakSpan was by FAR the best partner for us.”

James Isaacs, Former President of Cyara

“What is great about PeakSpan is that they bring in insights from what they have seen in other portfolio companies, and help you accelerate what needs accelerating.”

Ron Gaver, Co-Founder and CEO of Tapcheck

“We decided to choose PeakSpan as our partner because of the way that they see their role in the success of the companies they choose to work with.”

Tom Michels, Co-Founder and CEO of Salonkee

“The continuous support… no matter the topic, we can ask the team anything and they always have somebody that can help.”

Pankaj Goel, Founder & CEO at Opkey

“After speaking with over 60 investors, we chose PeakSpan because of their deep domain knowledge, shared vision for transforming the ERP industry, and how they consistently demonstrated their commitment to helping us succeed. Our past experiences made us cautious, but from our first meeting to the term sheet, due diligence, and now post-closing, PeakSpan’s commitment has been exceptional and only continues to grow! There are countless examples, but the strategic (24×7) support we’ve received from Sanket, Yaseen/Sam/Charlie’s partnership on competitive research or hiring, the countless introductions to invaluable advisors like Rohini, Pete, Carl, Howard, etc., and the transformative Growth Optimization Workshop we just completed have had a HUGE impact and truly are reshaping our growth trajectory. With PeakSpan, we have found not just an investor, but a partner dedicated to our shared vision and success, and we look forward to building Opkey to the 1st peak we’ve all been discussing and (hopefully) much more.”

Trevor Larsen, CEO & Co-Founder at Nectar

“Why we decided to partner with PeakSpan? First and foremost, everyone we met at PeakSpan was super passionate and full of energy. I remember going to the office and visiting in San Mateo and everyone instantly got up out of their chairs, even the interns and came to shake my hand with a big smile. It all starts from the top with Phil. He’s one of the most authentic, passionate human beings I’ve ever met.”

Felix Rodriguez, Founder & CEO at Finally

“One of the things I really, really love and treasure about working with PeakSpan is the conviction. They got your support. They got your back. No matter what it is, whether it’s a phone call or being available through text message on nights and weekends. You don’t know how much that means to a CEO or founder.”

James Stoffer, CEO at Abre

“We weren’t looking for a financial partner, but our conversation with PeakSpan immediately took off mainly because of their authenticity, their deep industry knowledge and the fact that they have an amazing track record. We didn’t want to miss out on that!”

Huzeyfe Onal, Co-Founder/CEO at SOCRadar 

“We were looking for an investor that understood our cybersecurity business and had a really great network in the US, really great B2B go-to-market experience. We found that with PeakSpan!”

Abi & Liran, PDQ founders

“PeakSpan Capital’s expertise in growth-stage software companies… positions us perfectly for our next chapter.”