Korbyt Receives Significant Growth Investment from Clearhaven Partners

Korbyt, a leading provider of digital signage and workplace experience software, has announced a significant growth investment from Clearhaven Partners, a dedicated software and technology-focused private equity firm. This partnership will accelerate Korbyt's growth trajectory by expanding reseller and technology partnerships, supporting customer support growth, and driving further innovation in its industry-leading, cloud-native SaaS platform.

Korbyt's cloud-based Korbyt Anywhere SaaS platform is the leading next-generation technology platform for corporate omni-channel communications and content management. It empowers organizations to create and distribute compelling messages and visualize mission-critical data to boost contact center agent and frontline worker productivity. With 400 global enterprise customers, including 60 of the Fortune 100, Korbyt is the workplace experience technology partner of choice across various industries, including financial services, manufacturing & distribution, healthcare, retail, insurance, and higher education.

The Korbyt Anywhere platform enables seamless content and data sharing across multiple channels such as digital signage, employee desktops, mobile devices, and meeting rooms. With its highly configurable platform, native integrations, and machine learning technology, Korbyt empowers communications, IT, marketing, and operations teams to visualize real-time content and better engage with both employees and customers.

Clearhaven Partners is a growth-oriented software and technology private equity investment firm that exclusively invests in software and software-driven companies. By bringing experience and operating support to its portfolio companies, Clearhaven helps them scale profitably and realize their next-stage potential.

Ankur Ahlowalia, CEO of Korbyt, expressed excitement about the partnership, stating, "We are thrilled to partner with Clearhaven Partners in this next chapter of our company's growth. Clearhaven's deep software industry expertise and shared vision for growth align well with our strategic objectives. Together, Korbyt and Clearhaven will accelerate momentum as the leading provider of cloud-native digital signage and corporate communications software."

Clearhaven Partners also sees enormous potential in workplace experience technology, especially as legacy solutions no longer meet the growing need for enhanced communication and engagement solutions. Christopher Ryan, Managing Partner at Clearhaven Partners, believes Korbyt is well-positioned to capitalize on this market opportunity with its innovative platform.

The award-winning Korbyt Anywhere platform features more than 200 native connections with databases and enterprise applications, allowing organizations to reach anyone, anywhere with relevant content, information, and KPIs.

In the transaction, McAfee & Taft acted as legal counsel to Korbyt, while Kirkland & Ellis LLP acted as legal counsel to Clearhaven Partners.

About Korbyt:

Korbyt Anywhere is a workplace experience platform that enables companies to reach targeted audiences and deliver relevant content, data, and information on any screen, anywhere. The powerful, cloud-based CMS capabilities engage employees via digital signage, desktop, email, and mobile devices. With over 1 million deployed endpoints and industry-leading cloud migration capabilities, Korbyt Anywhere is the most advanced platform for engaging employees and customers.

About Clearhaven Partners LP:

Clearhaven Partners is a Boston-based private equity firm focused exclusively on investments in software and technology businesses. With a partnership approach and a value creation playbook, Clearhaven helps differentiated, growing software and technology companies scale profitably. Their collective 50+ years of software investing and operating experience brings expertise to their portfolio companies.

As with any investment or partnership, the details of the financial terms were not disclosed. However, this growth investment signifies a promising future for Korbyt as they continue to innovate and provide industry-leading workplace experience technology solutions.