December 12, 2017
ClearSlide Has Been Acquired by Corel Corporation
About ClearSlide
- ClearSlide is the sales engagement platform leader that enables sales and marketing teams to drive more successful customer interactions
- The ClearSlide platform provides customers with powerful insights to transform how they interact with their prospects and customers, leading to higher seller productivity, increased sales management effectiveness, and stronger content ROI
- ClearSlide was founded in 2009 and is headquartered in San Francisco
About Corel Corporation
- Corel, a portfolio company of Vector Capital, is a leading global provider of software products that help people achieve new levels of creativity, productivity and success
- Corel boasts some of the industry’s best-known graphics, productivity and digital media products, including CorelDRAW Graphics Suite, Painter, PaintShop Pro, VideoStudio, WordPerfect, MindManager, Pinnacle Studio, Roxio Creator, Roxio Toast and WinZip
- Corel was founded in 1985 and is headquartered in Ottawa
Buy-Side Investors
- Vector Capital
Sell-Side Investors
- Bessemer Venture Partners
- Felicis Ventures
- Greylock Partners
- Social Capital
Sector
- Application
Subsector
- Sales & Marketing Applications
Research
Transaction Notes
- Corel’s acquisition of ClearSlide was announced on December 12, 2017; financial terms were not disclosed
- The combined company is backed by Vector Capital, a leading private equity firm focused on enterprise software companies globally
- The acquisition will accelerate ClearSlide’s technology leadership and enable expansion into new markets by leveraging the strength of Corel’s eCommerce experience, global sales channels and robust network of partners
- Shea & Company acted as the exclusive financial advisor to ClearSlide on the transaction
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