Technology

Vista Equity Partners buys majority stake in cloud service management startup BetterCloud

Vista Equity Partners buys majority stake in cloud service management startup BetterCloud

Vista Equity Partners has acquired a majority stake in BetterCloud Inc., a New York-based startup that helps companies manage the software-as-a-service applications used by their workers. BetterCloud announced the transaction this morning. The value of Vista Equity Partners’ investment wasn’t disclosed, but the startup did divulge that its existing investors will stay on as stakeholders.

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