Undisclosed Investors Invest in Two New Investment Funds Totaling $2 Billion for Insight Venture Partners

Based in New York, Insight Venture Partners announced on April 4, 2011, that it has just closed two new funds that total over $2 billion for new software and tech companies. This large investment was offered by undisclosed investors who are interested in the firms continual investing in world-class companies who are in the software and tech industries.

Founded in 1995, Insight Venture Partners has become one of the leading global investment firms which primarily invests in growth oriented funds for companies and entrepreneurs who are primarily in the software, internet, and new media industries. One of the reasons why Insight has had a strong track record of successful investments, because the firm’s team of investors has over 150 years of investment experience collectively.

The funds that were closed by the firm are two funds for revolutionary software and technology investments. The first new fund has been named the Insight Venture Partners Fund VII, which has received a ballpark figure of over $1.5 billion in institutional capital and roughly $70 million in both affiliate and friendly commitments. The Fund VII is in many respects, much like the other funds the firm holds under its management. The primary purpose of Fund VII is primarily to invest in global companies who are in software and internet industries. The funding for such companies will be deployed like many of the firm’s other funds, in both minority and control transactions.

The other fund is the Insight Venture Partners Fund II, which will be earmarked for co-investments in larger syndicated investments together with other investors. This fund was given a total of $450 million.

According to the firm’s co-founder, Jeff Horing, Fund VII, which has seen the lion’s share of the funding proves the commitment that the partners at Insight Venture Partners has for companies who fall within the firm’s criteria to achieve their strategic and operational goals, while at the same time building value for their customers and for investors alike. Mr. Horing further added that the firm’s investors like the investment approach that Insight has to investing in portfolio companies with both financial flexibility and business expertise.

Since the very foundation of Insight Venture Partners, the firm has believed in a strong dual approach to investing and in the process, Insight has built a strong network of companies and investors in the software, new media, and internet industries.

Some of the companies in Insight’s portfolio include Argus Software, Enigma, Dorado Software, GFI, Parallels, Twitter, and many others.