Nimaya is a privately-held organization that has received funding from Updata Partners. In addition to providing the financing required for growing Nimaya, Updata Partners provides management and strategic direction.
Based in Reston, Virginia and Red Bank, New Jersey, Updata Partners is a leading venture capital firm that invests in early and growth stage information technology companies with innovative intellectual property enabling market-leading products and services. Led by an investment team averaging more than 20 years of operational and private equity experience in the technology industry, we seek investments where the combination of our financial backing and operating expertise will accelerate growth. With $250 million under management, the firm also selectively provides recapitalization and management buyout financing. Updata Partners is an affiliate of Updata Capital, Inc., a leading investment bank specializing in mergers and acquisitions for the IT industry. For more information, visit www.updatapartners.com.