Hightail Acquisition

Hightail, Inc.

Acquired by OpenText - February 2018

The Fund made its initial investment in Hightail in 2014. In February 2018, Hightail was acquired by OpenText, a publicly traded enterprise information management (EIM) technology company. We realized a loss on the sale, receiving proceeds of approximately $5.5 . million from our original investment of $10.0 million.


  • Year founded: 2004
  • SVVC initial investment: 2014
  • Acquisition date: 2/14/18
  • Realized loss: $5.5M
  • Return on investment: -45.37%