BetterCloud Announces Strategic Growth Investment Led by Vista Equity Partners
Gunderson Dettmer represented BetterCloud, a zero-touch SaaS operations company, in its strategic growth investment from Vista Equity Partners. The new funds will enable the company to accelerate growth and product innovation, expand to new markets and continue to build best-in-class capabilities. BetterCloud’s platform allows companies and IT professionals to transform the employee experience, centralize data protection and maximize operational efficiency.
In the announcement of the transaction, CEO of BetterCloud David Politis included, “From day one, we've been laser-focused on enabling companies to adopt best-in-breed SaaS applications in a secure and scalable way. This investment is a major milestone in that journey, and one that will allow us to continue to define and lead the SaaS Management category now and in the future.”
The Gunderson deal team was led by corporate partner Ryan Purcell and included corporate associates Jack Paterson, Michael Santos and Kossi Anyinefa, M&A partner Billy Kwon and associate Anthony Ramirez, Tech/IP partner Katie Gardner and associates Alex Khachaturian and Alice Kuo, executive compensation partner Emily Cabrera and associate Brett Condie, tax/fund partner Jace Clegg and associates Sasha Benincasa and Morgan Otway.