You are here

Anaqua Receives Major Growth Equity Investment from Insight Venture Partners

Investment to enable significant expansion of Intellectual Property software and services business

Boston, July 17, 2013

Anaqua, a leading provider of intellectual asset management (IAM) services and SaaS software, and Insight Venture Partners, a leading global private equity firm, today announced that Insight will make a significant investment in Anaqua. The terms of the agreement, which include the buyout of Anaqua's existing investors, were not disclosed. As part of the transaction, Jeff Horing and Alex Crisses, mManaging dDirectors at Insight, will join Anaqua's Board of Directors.

"This is a very exciting step for us" said Priya Iyer, Chairman and CEO of Anaqua. "Anaqua's growth has brought us to the point where it is time for a new phase of strategic expansion requiring new resources for accelerated market development in all geographies, as well as continued investment in products and new IP services. We will continue to serve our clients with the same team and same product and service offerings but with expanded resources for future growth."

Anaqua's software helps leading global companies grow and protect their intellectual property, including inventions, patents, trade secrets, brands and trademarks, and helps law firms improve their IP practices. Anaqua's SaaS-based platform enables companies to align their intellectual property with their business goals, prosecute and secure it; and create value through more efficient licensing. Companies are further able to pay IP maintenance in multiple global jurisdictions using Anaqua's payment services platform. More than 20,000 users in over 100 countries are using Anaqua to manage approximately $500 billion in intellectual assets; these include users from Microsoft, Ford, Kimberly-Clark, Eastman Chemical and The Coca-Cola Company.

"It is rare to find a company with Anaqua's combination of people, technology, financial profile and market growth opportunity," said Jeff Horing, Managing Director at Insight Venture Partners. "Our plan is to provide resources and expertise to help Anaqua achieve its full potential in the global Intellectual Property market."

"Priya and the Anaqua team have done an outstanding job of building the company to its current level of success," said Alex Crisses, also a Managing Director at Insight, which this year raised a $2.57 billion investment fund. "We look forward to working with them in the next phase of growth and opportunity."

As part of the transaction, Marks, Baughan & Co. and GTC Law Group CA LLP & Affiliates served as advisors to Anaqua. Goodwin Proctor LLP and Deloitte Transactions Services provided services to Insight Venture Partners.

About Anaqua

Anaqua helps corporations and law firms turn intellectual property into competitive advantage. Our software platform, ANAQUA, unifies the critical tools, best practice workflows, data, documents and services into one efficient, intelligent environment so our clients operate more efficiently and make better decisions faster. Nearly a million IP professionals in over 150 countries use ANAQUA to manage more than a billion dollars in intellectual assets. Many of the best known brands and most innovative products were conceptualized, evaluated, protected and monetized through the ANAQUA platform. Anaqua is a privately-held company headquartered in Boston-US and has major European offices in London-UK and Pau-France as well as offices in other cities in North America, Asia and Europe. The expertise of our ANAQUA Services & Client Services staff, combined with our tested implementation methodology, delivers successful solutions on time and on budget.

For additional information, please visit http://www.anaqua.com.