Summit Partners

As demand for non-traditional insights grows, data monetization may offer a compelling source of high-margin revenues for many companies. However, it should not be approached lightly. Summit’s Vice President of Data Science Cathy Tanimura, outlines several key factors to consider, including legal and reputational implications, organizational readiness and effective distribution strategies. Read the full article linked in the comments below. #datastrategy #data #TheSummitPartnersNetwork

This summer’s CrowdStrike incident served as painful reminder that large-scale correlated failures are intrinsic to the connected systems powering our world. Summit Partners Technologist-in-Residence Tim Kohn shares several straightforward practices to help ensure that your team is ready to respond rapidly and effectively when the unexpected occurs. Learn more: https://lnkd.in/e3uHVwV5 #riskmanagment #cybersecurity #TheSummitPartnersNetwork

We are honored to be named to the shortlist for the UK tech awards 2024 Tech Investor Award. We’ve been truly privileged to partner with and power the growth of innovative technology businesses across the UK and around the world. Thank you to Darktrace, MUBI, Immersive Labs, TradingHub, Calypso Technology (Adenza) and so many other UK-based tech businesses for your partnership. #uktech24 #technology #TheSummitPartnersNetwork Shortlisted nominees are determined based on the UK Tech Awards’ Voting Panel’s evaluation of the nominee’s results, investment decisions, analytical skills, specialization and deep understanding of the tech sector, including demonstration of the nominee’s value creation and long-term vision to help tech businesses grow. Nomination submissions include information for the period 1 October 2023 to 30 September 2024. To view the full list of shortlisted investors and read more about the selection methodology, visit UK Tech Awards’ website www.uktech-awards.co.uk. The UK Tech Awards Tech Investor Award is sponsored by Teneo. Summit Partners submitted a nomination; however, Summit Partners did not pay a publishing or copyright fee to promote Summit’s inclusion on the Tech Investor Award shortlist. Inclusion on the shortlist is determined based on the opinion of the party conferring the award and not of Summit Partners. There can be no assurance that other providers or surveys would reach the same conclusion as the foregoing.

The AI revolution is impacting all organizational functions, and the Office of the CFO is no exception. In this latest installment of our Operationalizing AI series, Summit’s Stefan Vehr explores some of the ways finance teams use AI today and offers recommendations on getting started within your own organization. Learn more: https://lnkd.in/e_wGCmEJ #ai #finance #TheSummitPartnersNetwork

We are pleased to announce the closing of our twelfth U.S. growth equity fund with $9.5 billion in capital. View full press release: https://lnkd.in/eFNhRvF4 #TheSummitPartnersNetwork

We began our partnership with Darktrace in 2015 and are incredibly proud of the company’s growth and innovation in the nearly decade since that initial investment. From its Cambridge roots to its position today at the cutting edge of cybersecurity AI, Darktrace has helped thousands of organizations stay ahead of the constantly evolving cyber threat landscape. A big congratulations to the entire Darktrace team on this exciting milestone. We are grateful for your partnership and dedication.   Learn more about Darktrace – from its origins as a pioneer in using self-learning AI in cybersecurity to the company’s 2021 IPO and 2024 acquisition. https://lnkd.in/eVG4sfvn

Congratulations to Michael Medici, Len Ferrington and Andrew Collins on being named to GrowthCap’s Top Software Investors of 2024! This award recognizes some of the most experienced and accomplished individuals in software investing. As members of Summit’s global Technology team, Michael, Len and Andy have each played a significant role in identifying and supporting the growth of dozens of technology companies, from SaaS leaders to cybersecurity innovators to businesses driving digital transformation across industries. We are proud to recognize Michael, Len and Andy’s achievements and their contributions to Summit and our portfolio companies. https://lnkd.in/e2AZ__4S #software #technology #TheSummitPartnersNetwork Award selections are determined based on GrowthCap’s evaluation of the nominee’s overall career, breadth of investing experience, capability for scaling companies, recent investments made and exited, as well as character, among other factors. Information on each nominee was received through nomination application forms, GrowthCap’s online submission portal, direct communication with portfolio company executives and/or others in the industry. To view the full list of honorees and read more about the selection methodology, visit GrowthCap’s website: https://lnkd.in/eCJfmTAK This award is the opinion of the party conferring the award and not of Summit Partners. GrowthCap’s Top Software Investors of 2024 List was based on information provided by Summit Partners with respect to each individual’s contributions since he joined Summit Partners through August 31, 2024. Summit Partners submitted a nomination, and once selected, paid a publishing and copyright fee to promote this award. There can be no assurance that other providers or surveys would reach the same conclusion as the party conferring the award referenced herein.

We’re excited to share the latest issue of The Ascent, Summit’s quarterly newsletter offering frameworks and strategies for growth company leaders. In this edition, we continue our series on Operationalizing AI, focusing on AI applications in the Office of the CFO. Additionally, our data science team provides guidance on launching a data monetization initiative, and in the wake of this summer’s CrowdStrike incident, we outline best practices for proactive incident management. View the full issue – link provided in comments below. #TheSummitPartnersNetwork

The rapid rise of AI is accelerating demand for more bandwidth and greater power efficiency and driving the transition to next-generation photonics technology. HyperLight’s thin film lithium niobate (TFLN) photonic integrated circuits (PICs) deliver unmatched bandwidth and energy efficiency, helping to address current and future needs of AI/data center infrastructure, telecommunications optical networks, and high-performance computing. We are thrilled to partner with CEO Mian Zhang and the entire HyperLight team. The company offers industrial scale TFLN PICs with a trusted, production-ready supply chain, and we look forward to building on Summit’s deep experience in the photonics sector and supporting the team as they pursue their vision to power the network of the future. View the full press release linked in the comments below. #photonics #TheSummitPartnersNetwork

Happy Anniversary to Summit-backed Klaviyo, celebrating their first year as a public company!   Congratulations on this milestone, and the many others along the way. It’s been a true privilege to share this growth journey with you since 2019.