, Aug. 15, 2012 /PRNewswire/ -- IntraLinks® Holdings, Inc. (NYSE: IL), a leading, global technology provider of inter-enterprise content management and collaboration solutions, today announced that Institutional Venture Partners (IVP), a premier later-stage venture capital and growth equity firm, selected IntraLinks Connect(SM) to support fundraising for IVP XIV, a
fund. This is the largest fund in the firm's 32-year history.
IVP first started using IntraLinks Connect for limited partner communications, including dissemination of quarterly fund updates, investor account information, presentation materials, and more. Several funds ago, the firm used regular email for fundraising. It was hard to verify who actually received information and the company had to track processes manually, which took valuable time away from its workforce. IVP's decision to fundraise using IntraLinks Connect was a seamless transition since their limited partners already had access to IntraLinks technology and were familiar with the layout and procedures for secure file sharing.
"IntraLinks was essential to the fundraising process for Fund XIV," said
, director of marketing at Institutional Venture Partners. "We like IntraLinks because of its intuitive user interface and robust features. Giving our clients different levels of access to files and documents while also knowing that our data is secure is an important operational asset to our business."
With IntraLinks Connect, IVP can store all due diligence files and communications related to its funds on a secure online platform and customize permission access to its global investor community.
"IVP raising its largest fund to date is a win for us as much as it is for them," said
, chief marketing officer at IntraLinks. "Since the firm's clients were already comfortable with the IntraLinks platform, it made for a straightforward process, and enabled IVP to focus on the core competencies of their business."
IntraLinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, IntraLinks solutions are designed to enable the exchange, control, and management of information between organizations securely and compliantly when working through the firewall. More than 2 million professionals at 800 of the Fortune 1000 companies depend on IntraLinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than
, IntraLinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit
About Institutional Venture Partners (IVP)
of committed capital, Institutional Venture Partners (IVP) is a premier later-stage venture capital and growth equity firm in
the United States
. Founded in 1980, IVP has invested in over 300 companies, 91 of which have gone public. IVP is one of the top performing firms in the industry and has a 32-year IRR of 43.2%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions, and select public market investments. Since its inception, IVP investments include such notable companies as ArcSight (HPQ), Buddy Media, ComScore (SCOR), Concur Technologies (CNQR), Dropbox, HomeAway (AWAY), Juniper Networks (JNPR), Kayak, LegalZoom, LifeLock, LivingSocial, Marketo, MySQL (ORCL), Netflix (NFLX), Polycom (PLCM), Seagate (STX), Shazam, Synchronoss (SNCR), Tivo (TIVO), Twitter, and Zynga (ZNGA). For more information, visit
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SOURCE IntraLinks Holdings, Inc.