Panopto logo
Has Received a Growth Equity Investment from
Sterling Partners logo
August 2016

Panopto Has Received a Minority Growth Equity Investment from Sterling Partners' Education Opportunity Fund
August 2016

Signal Hill is pleased to announce that its client Panopto, a leading provider of enterprise and education video solutions, has secured $42.8 million in funding as part of a minority growth round led by Sterling Partners’ Education Opportunity Fund, a fund focused on partnering with purpose-driven companies and leaders who foster innovation within the education sector. The investment continues Panopto’s business expansion and technology leadership in video content management, recording, and live streaming.

Panopto helps businesses and universities create searchable video libraries of their institutional knowledge, and the company is a recognized leader in the industry for its innovation, rapid growth, and company culture. Panopto pioneered the categories of lecture capture and enterprise video content management, and today its video platform is the largest repository of expert learning videos in the world. Its unique model provides video recording, storage and search capabilities through a single software product. For two years running, the company has been recognized by Gartner as a “Leader” in enterprise video content management and has been ranked as one of the fastest growing companies on Deloitte’s Fast 500 list.

“Justin Balciunas, Greg Ager, and Chris Hastings, and the entire Signal Hill team championed our company from start to finish, consistently added value throughout the process in the form of tenacious, thoughtful guidance, and delivered a great outcome for our company. We recommend them highly to other companies in search of a partner for their next phase of growth.”

Eric Burns, CEO

Panopto

"With the Education Opportunity Fund, we've found the ideal investor to help us bring this enabling technology to more businesses and universities around the world. The Education Opportunity Fund's portfolio breadth, unique experience across enterprise and education technologies, and deep networks will propel us to the next level of growth and market presence,” said Eric Burns, CEO of Panopto.

Panopto presented at the Montgomery Summit in Santa Monica, Calif. in March. The Summit is a leading business and technology conference co-sponsored by Signal Hill.

About Signal Hill

Signal Hill, named 2015 Boutique Technology Investment Bank of the Year by the Global M&A Network, is a leading advisory boutique serving the M&A and private capital raising needs of growth companies. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Internet Infrastructure, Services and Software. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes®. For more information visit www.signalhill.com.