Updata Partners

Updata Partners is a venture capital firm in Washington DC that focuses on infrastructure software and application software, software as a service, technology-enabled services, digital media and e-commerce sectors. Founded 1998 in Washington, District of Columbia, United States by Barry Goldsmith and John Burton, it invests in early stage ventures, late stage ventures, private equity, series B, series A, debt financing, and series C rounds. Its portfolio companies include Practifi, Nintex, Adthena, Bigleaf Networks, and Built In. As of February 2020, Updata Partners has made 71 investments. Their most recent investment was on January 9, 2020, when Practifi raised A$24M. Updata Partners has had 27 exits, the most notable of which include Bridge2 Solutions, Viewpoint, and Nintex. The company has raised 4 funds, their latest being Updata Partners VI. This fund was announced on Oct 11, 2019 and raised a total of $237.6M.