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JMI Equity leads $115M funding round for software provider Vena Solutions

Private equity firm JMI Management Inc., or JMI Equity, led a $115 million funding round for Vena Solutions Inc., a provider of cloud-based financial planning and analysis software.

Centana Growth Partners, which led a $30 million funding round for Vena Solutions in 2016, also joined in the latest fundraising, JMI Equity said Jan. 9.

Vena Solutions will use the fresh capital to pursue further growth and scale its operations.

JMI Equity, which raised a $1.2 billion corpus in December 2018 for its latest fund, recently invested in healthcare software solution providers AlertMedia and Jvion Inc.