Vista Equity Partners invested in Portland-based RadarFirst in November 2018, when the company was still known as RADAR Inc. It was announced that RADAR had changed its name to RadarFirst in late 2019, after a year of significant expansion for the company. Vista’s strategic commitment aided in RadarFirst’s goals of accelerating its growth and expanding its operations. This investment was made from Vista’s Endeavor Fund, which partners with businesses that are primed for rapid growth and sustainable product innovation. RadarFirst’s incident response management software and use of automated SaaS technology made the organization a perfect fit for Vista’s portfolio of enterprise software companies.
René Yang Stewart, Co-Head of the Endeavor Fund and Senior Managing Director at Vista Equity Partners, said of the partnership, “RADAR’s solution is uniquely positioned to help organizations navigate ever-changing global data and privacy regulations. With the advent of more sophisticated cyber criminals and complex requirements under such laws as GDPR, HIPAA, and PIPEDA, organizations are increasingly burdened with potential non-compliance penalties and data breaches. RADAR offers organizations more in-depth functionality, automation, and workflow tools than any other platform on the market to address these threats. We are thrilled to partner with RADAR to further advance its offering and its expansion into new markets.”
About Vista Equity Partners
Vista Equity Partners is a leading global investment firm headquartered in Austin, TX, with other offices in Chicago, New York, Oakland and San Francisco. The firm’s investment portfolio is comprised of enterprise software, data and technology-enabled companies that are looking to grow their customer base, scale their product offering or expand into new markets. Under the leadership of Vista’s Chairman and CEO Robert F. Smith, who founded the company in 2000, the firm has delivered on its commitments to investors for over two decades. The firm’s offerings include customized growth plans where a team of Vista employees work in partnership with the executives at the organization. Insights into the firm’s work, including stories from their customers, can be found on the Vista YouTube Channel, Instagram and Twitter pages.
The firm has also made a long-term commitment to giving back. Vista’s community-focused charitable partnerships intend to help marginalized communities, underserved children and adolescents, and students who dream of achieving careers in STEM fields. Some initiatives that Vista supports include the Apollo Theater, where they help underserved children pursue music lessons and instruction, and Code.org, which teaches children the basics of computer coding. Vista also supports a family-oriented holiday initiative, the Austin Trail of Lights STARS Program, in its hometown of Austin, Texas.
Visit www.vistaequitypartners.com to learn more.