Source prnewswire
SOFTWARE PRIVATE EQUITY FIRM CLEARHAVEN PARTNERS ACQUIRES ZIXI
Clearhaven Partners and the executive leadership team invested in the acquisition.The Software-Defined Video Platform (SDVPĀ®) is the leader in live video transport and is used by 1400+ customers and 400+ partners.Clearhaven is a Boston-based private equity firm that focuses on enterprise and B2B software investments.Clearhaven's investment is in a company that is a trusted technology partner to discriminating global technology and media companies.The innovative cloud-based ZEN Master live video orchestration and telemetry control plane enables global monitoring of all live streaming activity across connected Zixi nodes, as well as complex workflows automation and advanced video and stream analytics delivering actionable insights.Partnering with Clearhaven, an investor group with a great deal of expertise scaling software companies and with a unique video thesis, is a natural fit for Zixi and one that will enable us to double down on product innovation, set the highest standards for serving our valued, worldwide customer base and ensureIn the next decade, analysts expect the market for video systems to reach $8 billion a year, with a 30% CAGR.Raymond James & ASSOCIATES, Inc. served as financial adviser to Clearhaven Partners.About Clearhaven Partners.Clearhaven Partners is a Boston-based private equity firm focused exclusively on investments in software and technology businesses.About Zixi.The company offers technologies for broadcasters, enterprises, over-the-top video providers.Email protected, Clearhaven Press Contact:Clearhaven Partners LP is the source.Clearhaven Partners, a Boston-based software private equity firm, today announced the closing of its second fund.
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