Hightail Acquisition

Hightail, Inc.

Acquired by OpenText - February 2018

OpenText is a publicly traded enterprise information management (EIM) technology company with a market capitalization of more than $9 billion. The Fund's cost basis in Hightail stock is $10 million. We currently anticipate receiving $5 million - $6 million in proceeds from the sale of the company to OpenText. More details will be published as they become available.

Exit History

  • Year founded: 2004
  • SVVC initial investment: 2014
  • Acquisition date: 2/14/18