"We are delighted to formally recognize Jon’s contributions to Updata with his promotion to General Partner. Jon has made a huge impact in our new investments and exits, and we expect even greater things ahead", said James Socas, General Partner.
Washington, DC (PRWEB) August 03, 2015
Updata Partners, a leading technology focused growth equity firm, is pleased to announce that Jon Seeber has been promoted to General Partner. Jon joined Updata as an Associate in 2006 and has progressed through the firm since that time, most recently serving as a Partner. Previously, Jon was at IBM where he was a member of the corporate development organization and was actively involved in IBM’s acquisition and integration of Corio, Healthlink, and Internet Security Systems, among others. Jon also served as an Intelligence Officer on active duty with the United States Air Force, leading intelligence collection missions and also managing the development and integration of information systems for the Air Force and the intelligence community. Jon is a graduate of Duke University, where he was a member of the varsity wrestling team, and received an MBA from The Harvard Business School.
At Updata, Jon has co-sponsored or led the firm’s investments in Collective Bias, Nintex, Mashable, Ruby Receptionists and Jama Software, and he also served on the boards of directors at OrderMotion (sold to NetSuite), Alert Logic (sold to Welsh, Carson Anderson & Stowe), and Pet360 (sold to PetSmart). Jon was also actively involved in the sale of Updata portfolio company Viewpoint Construction Software which was sold to Bain Capital.
“We are delighted to formally recognize Jon’s contributions to Updata with his promotion to General Partner. Jon has made a huge impact in our new investments and exits, and we expect even greater things ahead,” said James Socas, General Partner. “Jon’s positive approach, insight and breadth of experience are an asset for the firm and for our portfolio companies,” added Carter Griffin, General Partner. “He truly has earned this recognition.”
Updata Partners is a leading technology-focused growth equity firm with over $600 million of capital under management. Updata invests in high-growth software, Internet and technology-enabled services companies where the combination of the firm’s financial backing and the operating expertise of its partners will accelerate growth.