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Spectrum equity

Spectrum Equity Announces Sale of Ethoca to Mastercard

Ethoca's Product Suite Adds to Mastercard's Commitment to Reduce Digital Commerce Fraud Spectrum Equity, a leading growth equity firm, is pleased to announce that the previously announced acquisition of Ethoca by Mastercard has closed. Ethoca is the leading, global provider of collaboration-based technology that enables card issuers, ecommerce merchants and online businesses to increase card acceptance, stop fraud, recover lost revenue and eliminate chargebacks from both fraud and customer disputes. Ethoca's suite of…

Lucidchart Closes $72 Million Funding Round from Meritech Capital, ICONIQ Capital and Spectrum Equity

New Funding Opens Door for Lucidchart to Accelerate Global Adoption of Its Visual Productivity Platform Lucidchart, the leading cloud-based visual productivity platform, announced that it has closed a $72 million funding round from new investors Meritech Capital and ICONIQ Capital, and existing partner Spectrum Equity. This brings Lucidchart's total funding to date to $114 million. With over 15 million users, Lucidchart is quickly becoming the standard for understanding and communicating ideas, information and…