TCV invest in Sitecore

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TCV invest in Sitecore

Technology Crossover Ventures (TCV) makes a large minority investment in Sitecore. TCV is one of the largest private equity and venture capital firms focused solely on information technology companies. Since its inception in 1995, TCV has gained global recognition as an active, long-term investor that stays involved with portfolio companies through their initial public offerings and beyond. To date, 50 of TCV’s world-class portfolio companies have become publicly listed. Among them are some of the most widely recognized Internet businesses today, including Expedia, Facebook and Groupon.

In conjunction with TCV’s investment, David Yuan, TCV General Partner and Bob Burke, former CEO of Art Technology Group (ATG), will join the current Sitecore board of directors

Bob Burke has over 35 years of experience in the technology space with both private and public companies, and is focused on investment opportunities in the software and Internet sectors. Bob was most recently the CEO of ATG and led this company’s rejuvenation to become the leading e-commerce software provider.

David Yuan focuses on the software, Internet, and information services markets as a General Partner at TCV. He also serves on the boards of several companies in the IT industry. Prior to joining TCV in 2005, he was an investment professional with JPMorgan Partners, a global private equity firm.

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By |December 5th, 2011|News|0 Comments

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