Tag Archives: Equity

22-year-old Aurelius Gastauer Makes $200 Million In Private Equity Deal

As the son of German billionaire and FinTech Titan Michael Gastauer, 22-year-old Aurelius Gastauer has grown up in an entrepreneurial environment. It’s to no surprise that his father’s success has rubbed off on Aurelius, who has had an interest in all things finance and technology since he was a child.

Growing up in Switzerland, Aurelius didn’t wait until his peers caught up before taking a step into the industry. By the age of 14, he was running an online hosting business after discovering a keen interest in IT networks and server technologies. He rented dedicated servers from large cloud providers such as AWS and sold cloud computing services to his friends, an idea that enabled them to host their online gaming community. Aurelius also helped manage his friends’ servers,…


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FusionAuth Secures $65 Million Growth Equity Investment

DENVER, Nov. 01, 2023 (GLOBE NEWSWIRE) — FusionAuth, the customer identity platform built for developers, today announced the completion of a $65 million growth equity investment from Updata Partners, a leading growth equity firm. With its first fundraise and after widespread developer adoption, FusionAuth will scale go-to-market and product development to meet increasing demand for a modern approach to customer identity. Updata’s Dan Moss, Principal, and Jon Seeber, General Partner, will join the board as part of the round.

Founded in 2018, FusionAuth is profitable and bootstrapped itself prior to this investment. The platform is deployed across six continents with more than 450 customers, including major brands, such as Frontdoor, Oppenheimer & Co. Inc., and Stihl. This…


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Cloud Equity Group Announces Sale of VPS Network Group

NEW YORK, NY / ACCESSWIRE / October 11, 2022 / Cloud Equity Group, a leading private equity firm with an investment focus in companies within the technology-enabled business services, announced today the sale of portfolio company VPS Network Group (“VPS Net”) to Homepage Universe Inc. This transaction represents a full exit from this investment for Cloud Equity Group. The terms of the transaction were not disclosed.

VPS Net is an international hosting provider specialized in virtualization and bare metal cloud. The company offers Xen and OpenVZ hosting solutions across the United States, Europe, and Asia, and is backed by a 24/7 in-house service team.

Homepage Universe, headquartered in Los Angeles, California, is focused on delivering shared, reseller, virtual private server, and…


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Cloud Equity Group Announces Sale of its Portfolio Company ComfortHost

NEW YORK, NY / ACCESSWIRE / August 15, 2022 / Cloud Equity Group, a leading private equity firm with an investment focus in companies within the technology-enabled business services, announced the sale of its portfolio company, ComfortHost to KnownHost. ComfortHost is a leading provider of web hosting services. The sale marks the second portfolio realization for Cloud Equity Group this year. The terms of the transaction were not disclosed.

ComfortHost is a web hosting company that provides shared, reseller, virtual private server, cloud, and dedicated server hosting to customers internationally. The firm provides hosting services out of its datacenter locations in Orlando, Buffalo, and Barcelona.

Cloud Equity Group originally invested in ComfortHost in October 2016. During Cloud Equity…


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TNS Announces Market Data Coverage for all US Equity Options Groups

Transaction Network Services (TNS) can now enable firms to directly access market data from all US Equity Option Exchanges, providing reduced complexity and significant cost savings. This offering is achieved because of TNS’ mutualized exchange connections and status as a registered data vendor with all 16 Equity Option Exchanges in the US.

TNS has one of the fastest, commercially available fiber networks in the New York metro area. With complete access and control over routes, TNS’ dedicated operations teams ensure network optimization via a combination of high capacity, ultra-low-latency and maximum uptime, delivered via fully diverse circuits.

Dark fiber connectivity in the strategically important New York Triangle gives traders ultra-high-speed access…


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