Our companies are making headlines across the information economy.

News

Scribd adds hundreds of magazines to its subscription service

The company is expanding its magazine catalog with titles including Harper’s, AFAR, OUT, The Knot Weddings Magazine, Food & Travel, and Wine Enthusiast.

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CNBC: How GoodRx built a $2.8 billion business by helping consumers find drug discounts

GoodRx has once again been recognized on the CNBC Disruptor 50 list for helping Americans find the best prescription drug prices resulting in $20+ billion of savings.

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CINC Systems Receives Growth Investment from Spectrum Equity and Announces New Senior Executives

The funds will be used to support CINC Systems' product innovation and expand its sales and marketing efforts. In addition, Ryan Davis joins as CEO and Shea Dittrich as SVP of Sales and Marketing

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Retail Refunds: Frocky Horror Show

B-Stock expects a 30% increase in apparel inventory over the next six weeks as retailers shift customers’ — and their own — unwanted stock.

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Spectrum Equity Closes Fund IX at $1.5 Billion

Fund IX will continue Spectrum's Internet-enabled software and information services focused investment strategy.

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DispatchTrack Takes on First Funding with $144 Million Led by Spectrum Equity

We are thrilled to partner with founders Satish Natarajan and Shailu Satish, to bring best-in-class SaaS-based last-mile logistics solutions to more businesses, industries and geographies.

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AllTrails Offers Best Practices for Getting Outside Responsibly

With parks reopening, the outdoor recreation app shares how to hit the trail for mental and physical health, even while social distancing

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Inc. Magazine Reveals Annual List of Best Workplaces For 2020

Litmus is named one of the highest-scoring businesses, with standout employee engagement in Inc. Magazine’s Annual Best Places to work

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Spectrum Equity Invests in OurFamilyWizard

The funds will be used to further invest in products to help families more effectively organize and communicate. In addition, Nick VanWagner has been appointed as Chief Executive Officer.

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Lucid Announces $52 Million Round of Funding

The creators of Lucidchart and Lucidpress also passed $100M in annual recurring revenue

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DMI Offers Free Training Courses to Help Business Professionals

The company announced the immediate availability of four courses to help businesses develop their marketing skills

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Visual Lease Welcomes Erinn Tarpey as SVP, Marketing

The company is expanding their executive team to support the next phase of its strategic growth

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Media

The specific companies identified above do not represent all of Spectrum’s investments, and no assumptions should be made that any investments identified were or will be profitable. View the complete list of our portfolio companies. Spectrum is not responsible for the contents of any third party website linked above, and has not confirmed the accuracy of any information provided therein.