Funds Parallels
Levine leads Bessemer’s investment in SWSoft, the virtualization and cloud software provider’s parent company. The funding round is reported to add $12.4 million to the company from Bessemer, Intel Capital, and Insight Venture Partners. Levine:
We are impressed by the resurgent hosting market’s rapid growth, which is reminiscent of the environment in this sector several years ago when we made investments in Verisign, Register.com and Verio