– SafetyChain Software announced a $50m minority growth investment from JMI Equity.
– With the additional capital SafetyChain will continue to advance its market leadership positions in food and beverage and consumer packaged goods while also accelerating the growth of several key expansion initiatives.
– JMI is a growth equity firm focused on investing in leading software companies.
– SafetyChain Software provides a cloud-based plant management platform for process manufacturers.
– With products spanning supply chain, safety, quality, compliance, and production management, SafetyChain offers a centralized solution for measuring and integrating key performance indicators across customer facilities and suppliers.
– SafetyChain counts many of the nation’s leading consumer packaged goods and food and beverage companies among its customers, including Albertson’s, Driscoll’s, JBS, Tyson Foods, and more.

– Incident IQ is an Atlanta, GA-based service management platform for K-12 school districts.
– Company received a strategic growth investment from JMI Equity.
– The amount of the deal was not disclosed.
– The new investment will be used to accelerate the company’s development of the platform to serve other K-12 departments in addition to IT management and facilities, grow the team, enable investment in customer support and customer success initiatives, and accelerate enhanced sales and marketing programs.

– Seismic, a sales enablement and marketing orchestration platform based in San Diego, California, announced that it closed a $170 million series G round led by Permira, JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T. Rowe Price.
– The latest funding, which brings Seismic’s valuation to $3 billion and total raised to $440 million, comes as the company acquires Lessonly, an Indianapolis, Indiana-based developer of sales training, coaching, and enablement solutions.
– The sales enablement platform market, which is expected to be worth $2.6 billion by 2024, continued to grow throughout the pandemic — largely driven by the shift to remote work.

– OpenSesame, a market-leading SaaS global elearning innovator, announced a $50 million investment led by JMI Equity, a growth equity firm focused on investing in leading software companies, with participation from existing investors FTV Capital and Altos Ventures.
– This growth investment will strengthen OpenSesame’s ability to accelerate its global expansion, extend its technology platform through product-led M&A, and continue adding value for its global customers.
– As a result of COVID-19 and the dawn of the work from home era, companies around the world were forced to rethink the way they train and develop their organizations.

– Canadian CPM software company Vena raised $242m in Series C funding.
– The round was led by Vista Equity Partners and joined by JMI Equity and Centana Growth Partners.
– The company declined to provide any financial metrics or the valuation at which the new capital was raised.
– Vista Equity Managing Director Kim Eaton and Marc Teillon, senior managing director and co-head of Vista’s Foundation Fund, will join the company’s board.

– Canto, a leading provider of digital asset management (DAM) software, today announced that it has received a strategic growth investment from JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies.
– Canto will utilize the additional funding to expand its customer-facing teams, accelerate and broaden its product development initiatives and drive growth across its target markets.
– Canto provides a cloud-based DAM software platform that customers strategically use to store, organize, and share large volumes of digital brand assets.
– As the complexity and volume of digital brand assets have increased over time, Canto’s solution supplants generic file storage systems, ensuring consistent messaging for businesses across all digital and physical locations, and empowering employees to collaboratively develop and deploy influential and impactful campaigns.

– ChurnZero, a Washington, DC-based Customer Success platform for subscription businesses, raised $25m in Series B funding.
– The round was led by JMI Equity with participation from returning investors Baird Capital and Grotech Ventures.
– The new investment will be used to invest in the Customer Success ecosystem, expanding the team, go-to-market programs, and deepening product development.