Vector Capital Announces Growth Equity Investment in CollabNet

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Description: SAN FRANCISCO & BRISBANE, Calif.--(BUSINESS WIRE)--Vector Capital, a technology focused private equity firm, today announced that it has acquired CollabNet, Inc. from existing venture investors and other shareholders. Concurrent with the buyout, Vector has also made a growth equity investment in the company, which will be used to accelerate product development, strengthen CollabNet’s sales and marketing efforts, and enable add-on acquisitions. CollabNet, founded in 1999, is a leading provider o
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