Tech Company Financing Transactions
Pendo Funding Round
Thoma Bravo and private investors participated in a $110 million capital raise for Pendo. The round closed on 11/12/2021.
Transaction Overview
Company Name
Announced On
11/12/2021
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Undisclosed
Investors
Thoma Bravo (Lead Investor) (Robert Sayle)
Proceeds Purpose
Investment supports Pendo's continued global growth and product innovation; provides liquidity to Pendo employees and early-stage investors
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
150 Fayetteville St.
Raleigh, NC 27601
USA
Raleigh, NC 27601
USA
Phone
Website
Email Address
Overview
Pendo was founded in late 2013 by former product owners that have experienced the joys and challenges of creating great products at companies like Rally, Google, Cisco, and Red Hat among others.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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