Bloomberg – Billionaire Families Reshape Silicon Valley’s Venture Terrain

If you’re a startup, tech entrepreneur or venture capitalist there’s a good chance you do business with Silicon Valley Bank. The Santa Clara-based bank isn’t just courting tech whizzes. It’s increasingly focusing on the mega-wealthy family offices that are reshaping the landscape of venture investing. More than 1,500 direct venture deals were done by such outfits over the past five years, according to data provider Fintrx. Prominent examples in recent months include Tony James of Blackstone Group Inc. investing in fintech startup Alto and India’s Azim Premji leading a $115 million funding round in enterprise software maker Icertis. Read More

Icertis is a Leader with the Highest Score in Current CLM Product Offering, According to 2019 Forrester Wave

The Icertis Contract Management (ICM) platform received the highest 5.0 score possible in 17 out of 22 current offering criteria–more than any other vendor evaluated.

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