Latest news with #BowRiverCapital
Yahoo
14-04-2025
- Business
- Yahoo
BOW RIVER CAPITAL'S SOFTWARE GROWTH EQUITY PLATFORM COMPLETES MAJORITY INVESTMENT IN CLOUDSHARE
Company's AI-Powered Virtual Training Platform Poised for Explosive Growth DENVER, April 14, 2025 /PRNewswire/ -- Bow River Capital, a Denver‑based alternative asset manager, today announced that its Software Growth Equity Team has completed its sixth majority platform investment out of SGE Fund II with CloudShare. The company is a market‑leading SaaS provider of AI‑guided solutions for complex technical training requirements, problem-solving cyber security scenarios, and delivering on fast and efficient virtual labs. CloudShare is the solution of choice for global software organizations; a partial listing includes Atlassian, Motorola, Ping Identity, Palo Alto Networks, and Salesforce. The company was founded approximately 18 years ago by Dr. Zvi Guterman; he will continue to lead CloudShare as Chief Executive Officer along with the current executive team. SGE's investment will support CloudShare's efforts to accelerate global growth, scale-up infrastructure, and rapidly deliver innovations and AI deliverables within its product suite. Dr. Zvi Guterman, Founder and CEO of CloudShare, states, "We selected Bow River's software investment team because of their stellar track record exponentially scaling SaaS businesses with a client-centric focus; and am grateful for the trust of our global clients and employees." Guterman added, "I'm looking forward to the next chapter of strategic growth and innovation." The newly formed Board of Directors will include Dr. Zvi Guterman, Bow River's team – John Raeder, Sean O'Connell, Abdullah Ghuman, and leading SaaS operator from SGE's Power Network – Ben Jubenville. John Raeder, Bow River Capital's SGE Vice Chairman and Head of Software Investments stated, "We're thrilled to announce our latest platform investment and partnership with CloudShare Founder and CEO – Dr. Zvi Guterman." Raeder then said, "The company has creatively solved the most complex internal and external customer use cases, including cyber risk troubleshooting, dynamic sales training & enablement, and for all virtual lab scenarios." Sean O'Connell, Bow River's SGE Vice President stated, "CloudShare's exceptional technology, customer relationships with compelling lifetime value creation, and their commitment to AI innovation convinced us, over a protracted due diligence process, that we could further catalyze organic and inorganic growth." Morrison & Foerster LLP served as legal counsel to Bow River Capital's Software Growth Equity Team on the transaction. Thinktiv served as Bow River's strategic technology partner throughout the due diligence process. AGC Partners served as financial advisor to CloudShare. About Bow River Capital Bow River Capital is a private alternative asset manager based in Denver, Colorado, focused on investing in the lower and middle market in five asset classes: defense technology, private credit, private equity, real estate, and software growth equity. Through its subsidiary Bow River Advisers, LLC, Bow River Capital also offers a registered mutual fund – Bow River Capital Evergreen Fund (EVERX) – designed to provide institutional-quality private market access to a broader set of investors. Collectively, the Bow River Capital team has deployed capital into diverse industries, asset classes and across the capital structure. Bow River Capital's defense technology strategy is managed by its affiliated entity, ONE Bow River Advisers, LLC and the private credit strategy is offered through Bow River Capital's affiliated entity, Thornburg Bow River Advisers, LLC. Bow River Capital maintains a 50% joint venture partnership ownership in both ONE Bow River Advisers, LLC and Thornburg Bow River Advisers, LLC. For more information, please visit Media Contact: Jane Ingalls, Bow River Capital 303-861-8466 About CloudShare CloudShare is the market‑leading hands-on virtual lab for software training, sales demos, proofs of concept and sandbox testing. Founded in 2007 and headquartered in Tel Aviv, the company enables organizations to spin up safe, "play‑and‑break" environments in minutes, powering collaborative sales, training and innovation experiences at scale. CloudShare replicates real‑world scenarios, layers in AI‑guided learning paths, and provides deep analytics on user engagement and business impact. Customers use the solution to accelerate onboarding, boost knowledge retention and drive revenue growth throughout the customer journey. Millions of users worldwide have completed hands‑on training, demos, and POCs using the solution. For more information, visit View original content to download multimedia: SOURCE Bow River Capital
Associated Press
14-04-2025
- Business
- Associated Press
BOW RIVER CAPITAL'S SOFTWARE GROWTH EQUITY PLATFORM COMPLETES MAJORITY INVESTMENT IN CLOUDSHARE
Company's AI-Powered Virtual Training Platform Poised for Explosive Growth DENVER, April 14, 2025 /PRNewswire/ -- Bow River Capital, a Denver‑based alternative asset manager, today announced that its Software Growth Equity Team has completed its sixth majority platform investment out of SGE Fund II with CloudShare. The company is a market‑leading SaaS provider of AI‑guided solutions for complex technical training requirements, problem-solving cyber security scenarios, and delivering on fast and efficient virtual labs. CloudShare is the solution of choice for global software organizations; a partial listing includes Atlassian, Motorola, Ping Identity, Palo Alto Networks, and Salesforce. The company was founded approximately 18 years ago by Dr. Zvi Guterman; he will continue to lead CloudShare as Chief Executive Officer along with the current executive team. SGE's investment will support CloudShare's efforts to accelerate global growth, scale-up infrastructure, and rapidly deliver innovations and AI deliverables within its product suite. Dr. Zvi Guterman, Founder and CEO of CloudShare, states, 'We selected Bow River's software investment team because of their stellar track record exponentially scaling SaaS businesses with a client-centric focus; and am grateful for the trust of our global clients and employees.' Guterman added, 'I'm looking forward to the next chapter of strategic growth and innovation.' The newly formed Board of Directors will include Dr. Zvi Guterman, Bow River's team – John Raeder, Sean O'Connell, Abdullah Ghuman, and leading SaaS operator from SGE's Power Network – Ben Jubenville. John Raeder, Bow River Capital's SGE Vice Chairman and Head of Software Investments stated, 'We're thrilled to announce our latest platform investment and partnership with CloudShare Founder and CEO – Dr. Zvi Guterman.' Raeder then said, 'The company has creatively solved the most complex internal and external customer use cases, including cyber risk troubleshooting, dynamic sales training & enablement, and for all virtual lab scenarios.' Sean O'Connell, Bow River's SGE Vice President stated, 'CloudShare's exceptional technology, customer relationships with compelling lifetime value creation, and their commitment to AI innovation convinced us, over a protracted due diligence process, that we could further catalyze organic and inorganic growth.' Morrison & Foerster LLP served as legal counsel to Bow River Capital's Software Growth Equity Team on the transaction. Thinktiv served as Bow River's strategic technology partner throughout the due diligence process. AGC Partners served as financial advisor to CloudShare. About Bow River Capital Bow River Capital is a private alternative asset manager based in Denver, Colorado, focused on investing in the lower and middle market in five asset classes: defense technology, private credit, private equity, real estate, and software growth equity. Through its subsidiary Bow River Advisers, LLC, Bow River Capital also offers a registered mutual fund – Bow River Capital Evergreen Fund (EVERX) – designed to provide institutional-quality private market access to a broader set of investors. Collectively, the Bow River Capital team has deployed capital into diverse industries, asset classes and across the capital structure. Bow River Capital's defense technology strategy is managed by its affiliated entity, ONE Bow River Advisers, LLC and the private credit strategy is offered through Bow River Capital's affiliated entity, Thornburg Bow River Advisers, LLC. Bow River Capital maintains a 50% joint venture partnership ownership in both ONE Bow River Advisers, LLC and Thornburg Bow River Advisers, LLC. For more information, please visit Media Contact: Jane Ingalls, Bow River Capital 303-861-8466 About CloudShare CloudShare is the market‑leading hands-on virtual lab for software training, sales demos, proofs of concept and sandbox testing. Founded in 2007 and headquartered in Tel Aviv, the company enables organizations to spin up safe, 'play‑and‑break' environments in minutes, powering collaborative sales, training and innovation experiences at scale. CloudShare replicates real‑world scenarios, layers in AI‑guided learning paths, and provides deep analytics on user engagement and business impact. Customers use the solution to accelerate onboarding, boost knowledge retention and drive revenue growth throughout the customer journey. Millions of users worldwide have completed hands‑on training, demos, and POCs using the solution. For more information, visit View original content to download multimedia: SOURCE Bow River Capital
Yahoo
20-02-2025
- Business
- Yahoo
Accelo's Global Momentum Continues with New Product Innovation and Enterprise Sales Bookings Acceleration
DENVER, Feb. 20, 2025 /PRNewswire/ -- Accelo, a leading provider of cloud-based Professional Services Automation (PSA) solutions, continued to deliver on transformative change across the board in 2024; new product innovation, leveling-up their enterprise best practices methodologies, and an improved go-to-market motion. The company's cloud-based system is an industry leading PSA suite to enable strategic insights, accurate and real-time decision-making, and best-in-class execution for all sizes of professional services organizations and their respective markets. Accelo's results in Q4 and for FY 2024 were focused on massive product innovation deliverables, accelerating global growth, investing heavily in infrastructure and systems, KPI centric scale, and professionalizing executive leadership and the go-to-market function/sales execution. Karen Sawyer, CEO of Accelo, stated, "As I reflect on my first year with Accelo, I am incredibly proud of what we've accomplished and our materially improved performance; 2024 was a year of radical transformative change, building a foundation for disciplined execution, global scale, and smart growth." Sawyer further said, "We've tripled down on major R&D initiatives, underscoring my personal and company commitment to driving significant value and competitive differentiation for all Accelo clients and their end-user relationships." Key Company Highlights in 2024: Strategic Recapitalization & Growth Capital – Accelo closed a major new investment with Bow River Capital's Software Growth Equity Fund II, alongside existing institutional investor – Level Equity. Gartner Market Guide Recognition – Named in Gartner's first-ever Professional Services Automation (PSA) Market Guide, reinforcing Accelo's leadership in the category. 40+ Industry Awards – Recognized across G2, Capterra, GetApp, and Software Advice, underscoring strong customer satisfaction and market impact. New Enterprise & Mid-Enterprise Sales Bookings increased by 83.5% YoY; ACV (annual contract values) nearly doubled in transactional value. Roger Metz, Accelo CFO, stated, "I'm thrilled to be working with such high caliber software executives across every functional area, and I would like to warmly welcome PE-backed CTO – John Patrick as our new Chief Technology Officer at Accelo." Metz further stated, "We're confident in our ability to crush our numbers in 2025, and are actively seeking M&A opportunities that make good commercial sense for our business." About AcceloAccelo is a cloud-based Professional Services Automation (PSA) platform that helps professional services-based businesses streamline operations, improve efficiency, and scale profitably. Designed for industries such as consulting, accounting, engineering, architecture, IT services, and marketing agencies, Accelo replaces fragmented tools with a single, integrated system for managing clients, projects, resources, and finances. By unifying the quote-to-cash lifecycle, Accelo enables businesses to automate workflows, track projects, optimize resource allocation, and gain real-time visibility into operations. With built-in CRM, project tracking, scheduling, invoicing, and analytics, Accelo empowers professional services firms to improve productivity, enhance team collaboration, and drive sustainable growth. Learn more at or follow us on LinkedIn. Media Contact: Aaron Ramaekers View original content to download multimedia: SOURCE Accelo
Associated Press
20-02-2025
- Business
- Associated Press
RippleWorx Completes Year of Expansion to Address Deskless Workforce Performance
'2024 has been the most pivotal year of radical transformation since inception at RippleWorx' states Angie Sandritter, Co-Founder and CEO of RippleWorx. 'In response to the growing demand for AI solutions to automate performance management for deskless workers, we have intensified our innovation efforts in R&D and Product to meet these needs.' — Angie Sandritter, Co-Founder and CEO of RippleWorx DENVER, CO, UNITED STATES, February 20, 2025 / / -- RippleWorx, a budding AI company in cloud-based Human Capital Management backed by Bow River Capital's Software Growth Equity Fund II, closed out 2024 positioned to further address the performance demands for the deskless workforce for engagement, development, and ultimately performance. Historically focused on State, Local and Federal Government markets, RippleWorx is prepared to expand markets into the commercial deskless workforce in 2025. Companies with a distributed, deskless workforce continue to compete for skilled personnel to deliver on their business demands. With the talent pool shrinking with fewer individuals entering these fields, companies struggle to keep talent as retirement sets in. RippleWorx offers a mobile-first communications, development and analytics platform to align employees and leadership on critical factors to prevent burn-out, drive motivation, retention and ultimately, performance. RippleWorx, Inc. delivered on logo expansion, AI technology development, company expansion and re-organization to deliver on the need for automated actionable insights and interventions to retain, develop, and increase performance for the distributed, deskless workforce. Noteworthy Data Points in 2024: • 2x Inc 5000, Fastest Growing Company Awardee in 2023 and 2024 • Closed on strategic growth capital round with Bow River Capital's Software Growth Equity Fund II • Added strategic leadership and a highly experienced Board of proven software operators and investors to expand operations, go to market, and technology growth. • Developed AI-Driven Actionable Insights for Workforce Retention and Engagement • Launched AirForce Pilot Performance Platform • Received State Grant for Law Enforcement in partnership with National Command & Staff College. '2024 has been the most pivotal year of radical transformation since inception at RippleWorx' states Angie Sandritter, Co-Founder and CEO of RippleWorx. 'With growing market demand for AI-solutions to drive automation for performance management in the deskless workforce, we doubled down in major innovation initiatives in R&D and Product to address these demands by expanding the product capabilities, product market fit and expertise.' Heading into 2025, the RippleWorx team is excited about presenting at the IACP Wellness conference in California in March, attending and hosting a session at IACP Annual in Denver in October, and will continue to invest and innovate across the organization. 'As we continue to fine-tune our processes with a focus on operational excellence, I am confident that 2025 will be a year of significant growth for RippleWorx, marked by new heights of success and deeper inroads into our target markets.' states Louie Wollenweber, SVP of Sales. About RippleWorx RippleWorx is a pioneering talent development software company that integrates hard deliverable KPIs with soft people analytics. By harnessing the power of AI-driven insights, RippleWorx empowers organizations to align personal and organizational goals, drive performance, and foster a culture of continuous improvement. Founded in 2017 with headquarters in Huntsville, Alabama, and additional offices in Atlanta, RippleWorx offers innovative SaaS solutions that address retention, motivation, to accelerate performance for frontline, deskless workforces. RippleWorx has been named in the Inc. 5000 list twice consecutively and has received accolades for its wellness solutions, including recognition as a DoD Technology Provider and for its law enforcement wellness. With 34 employees and over 50 clients, RippleWorx is committed to helping organizations unlock the full potential of their workforce. Learn more at SOURCE RippleWorx +1 703-582-7333 [email protected] Visit us on social media: Facebook LinkedIn Legal Disclaimer:
