“EPIC entrepreneurs and executive teams are committed to success. We applaud the work of the team and co-investors in NetDocuments and expect to see them continue to grow and lead the document management sector,” said
In addition to the acquisition of NetDocuments, recent highlights include two portfolio companies entering the public markets and another portfolio company being acquired. These four exits totaled approximately
- Leading SaaS technology company Instructure in 2015. EPIC made its initial investment in Instructure in 2010.
- Leading MRAM solutions provider Everspin Technologies in 2016. EPIC made its initial investment in Everspin in 2008.
- NetDocuments, the leader in cloud-based document and email management, was acquired by
Clearlake Capitalin 2017. EPIC made its initial investment in NetDocuments in 1999. Joyent, a leading public and private cloud provider, was acquired by Samsung Electronics in 2016. EPIC made its initial investment in Joyentin 2011.
“We’re pleased to extend our strong track record of investing in category-defining technology companies, which have created thousands of jobs for
EPIC’s highly successful investment strategy of investing in early-stage software companies that are based in underserved markets includes additional selected exits, such as Ancestry.com (UT), exit via IPO;
The firm’s current portfolio includes such industry leading companies as
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