Portfolio » Connected

Company

A leader in PC back-up and Recovery Systems

Acquired by Iron Mountain, Inc.

Iron Mountain to Acquire Connected Corporation

October 12, 2004 Boston, MA - Iron Mountain Incorporated (NYSE: IRM) today announced the signing of a definitive agreement to acquire Framingham, MA-based Connected Corporation in a cash transaction valued at approximately $117 million...Read more »

Details

Sector(s):

SaaS

Status:

Acquired

New York Expertise

Key industries in the New York Metro area include:

Financial Services
Advertising
Media and Entertainment
Retailing
Consumer Products
Telecommunications

National Reach

StarVest's sector strategy leads the Firm to seek leaders in technology-enabled business services anywhere in the U.S.

This has the effect of diversifying the Fund geographically, including investing in regions that are relatively underserved by national institutional sources of expansion-stage venture capital.