ORIX Ventures Changes Name to ORIX Growth Capital
July 26 2016 - 03:06PM
Business Wire
The name change helps ensure market clarity and
unique branding within the industry
ORIX USA today announced that its business unit ORIX Ventures
has changed its name to ORIX Growth Capital to better reflect the
nature of its business strategy and value proposition it offers to
its portfolio companies. ORIX Growth Capital is a leading growth
finance company that provides debt and equity capital to
high-growth, venture-backed companies.
“Our new name better represents who we have been for the prior
14 years and who we intend to be going forward,” said Bill Bishop,
Managing Director and Co-Head of ORIX Growth Capital. “The capital
we provide helps our portfolio companies grow their businesses
organically in existing markets or take advantage of new market
opportunities, extending investors’ equity capital runway.”
Jeff Bede, Managing Director and Co-Head of ORIX Growth Capital,
added, “Although ORIX Growth Capital continues to invest in
venture-backed companies, we wanted a name that better reflects the
growth and late-stage nature of our platform. Our portfolio
companies have revenue traction, with proven products, customer
validation and invested equity support. We provide the patient
growth capital with sizable follow-on capacity to help them get to
the next level.”
Since the group’s inception in 2001, ORIX Growth Capital has
provided over $1.4 billion in financing to more than 125 valuable,
high-growth companies in the technology and healthcare sectors.
Recent transactions include:
- Fishbowl: Leading supplier of
restaurant decision sciences and 1:1 marketing automation,
providing a robust cloud-based marketing and analytics platform
that delivers actionable insights to help restaurants optimize
their marketing programs to increase guest traffic, grow sales and
improve customer loyalty.
- MetricStream: Provides Governance, Risk
and Compliance (GRC) software, content and consulting that allow
companies to streamline and automate their risk management programs
and quality processes, as well as regulatory and industry-mandated
compliance and corporate governance initiatives.
- Tapjoy: Leading marketing automation
and ad monetization solution for mobile gaming publishers.
- Urban Airship: Leading the movement of
mobile innovators, helping them build high-value relationships
through mobile apps and mobile wallets.
Under its new name, ORIX Growth Capital will continue its
successful track record of being a patient and flexible financing
partner supporting the growth of its portfolio companies.
ORIX Growth Capital
ORIX Growth Capital specializes in designing highly customized
financing solutions for high-growth companies with investments
starting around $5 million and growing to $50 million. The team has
committed over $1.4 billion to more than 125 companies. ORIX Growth
Capital is a business unit of ORIX USA, a Dallas-based financial
services firm known for providing innovative capital solutions that
clients need to propel their business to the next level. With more
than 600 employees spanning 20 offices across the U.S. and Brazil,
ORIX USA and its family of companies hold $6 billion of assets and
manage an additional $29 billion, approximately. Its parent
company, ORIX Corporation, is a Tokyo-based, publicly owned
international financial services company with operations in 37
countries and regions worldwide. ORIX Corporation is listed on the
Tokyo (8591) and New York Stock Exchanges (IX). For more
information on ORIX Growth Capital, visit www.orix.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160726006411/en/
for ORIX USAAmanda Gleason,
972-770-5083agleason@marketwave.bizorJeff Smith,
214-237-2301Jeff.smith@orix.com
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