Summit Partners (www.summitpartners.com) is a leader in private equity and venture capital which helps proven, existing companies realize their full growth potential. Founded in 1984, Summit has raised more than $11 billion in capital and invested in more than 300 businesses across North America, Europe, and Asia.
With its more than 90 investment professionals and office locations in Boston, Palo Alto and London, Summit delivers depth and expertise to the management teams of their portfolio companies. These companies have completed nearly 125 public offerings and more than 110 strategic sales or mergers.
Summit Partners helps rapidly growing companies in numerous industries achieve a variety of objectives through equity, shareholder liquidity, recapitalization, or management buyout financing. Summit has built an extensive record of helping entrepreneurs create value and are ideally positioned to help businesses get international exposure. In addition, they provide management teams with strategic guidance in building valuable infrastructure of systems, processes, reporting mechanisms and in identifying market trends, opportunities, challenges, and competitive issues.
Summit Partners works with outstanding management teams that have self-financed their companies to profitability and market leadership. In September 2008 Telerik has received an investment from Summit Partners which is used to fund both organic growth and acquisitions. Summit’s other notable software investments include AvePoint, HyperionSoftware, McAfee, OPNET Technologies, Postini, RightNow Technologies, SafeBoot, and Sybari Software.