Jane Software hits $1.8-billion valuation as TCV leads $500-million financing

Jane Software hits $1.8-billion valuation as TCV leads $500-million financing

B.C. company latest member of Canada’s US$100-million tech club to do nine-figure secondary transaction

Jane Software to be reportedly valued at $1.8 billion in upcoming secondary financing

Vancouver-based clinic management platform Jane Software  is going to be valued at $1.8 billion as part of a $500-million secondary financing round set to close this week, according to The Globe and Mail. The secondary round will see a trio of American firms buy stakes in the company from existing shareholders, reportedly led by Silicon Valley private equity firm Technology Crossover Ventures (TCV), with participation from JMI Equity and Tidemar…

Jane Software Hits $1.8B Valuation with Landmark Secondary Deal

North Vancouver’s Jane Software is set to join the ranks of Canada’s most valuable private tech companies, with a new secondary financing round led by Silicon Valley’s TCV (formerly Technology Crossover Ventures) valuing the company at approximately $1.8 billion. According to The Globe and Mail, the $500-million-plus deal—expected to close this week—will see U.S. investment firms TCV, JMI Equity, and Tidemark Management purchase shares from exis…