The biggest and most profitable dance-fitness phenomenon in over 125 countries, with over twelve million enthusiasts in more than 110 thousand locations, is the Latin-inspired Zumba. The popularity of this global multimedia dance-fitness party workout prompted Jeff Horing and venture capital firm Insight Venture Partners to make a minority investment in Zumba Fitness, the firm behind this dance-fitness program. Jeff Horing is Insight’s Managing Director and is currently part of the Zumba Fitness Board of Directors. This fresh investment decision and Insight Venture Partners’ technology and online know-how are predicted to deliver additional growth and mass awareness to the Zumba program.
Insight Venture Partners led a Series D round financing that raised more than 40 million dollars in funding for WebTop publishing platform provider Wix. Insight Venture Partners, as institutional investor, has Managing Director Jeff Horing taking part as a member of the Wix Board of Directors. Since its inception in 2006, over 14 million sites were generated making use of the Wix online website builder where end users can easily create awesome flash-based websites using user friendly templates and a drag-and-drop web editing tool. End users can readily get hold of added features by availing of the freemium model, the service where Wix gets its profits. The new investment from Jeff Horing and Insight will be utilized by Wix for its new social and mobile network ventures.
Insight Venture Partners is among the corporate investors in the corporation behind TeamViewer, with Insight Venture Partners Managing Director Jeff Horing sitting in as member of TeamViewer’s Board of Directors. TeamViewer has emerged as the standard tool used by more than ten million users throughout the world for giving support and assistance for customers, vendors and personnel in remote locations. The funding provided by Jeff Horing and Insight Venture Partners in SolarWinds will be used in enhancing the company’s systems in continuously developing high-end programs for remote control, desktop sharing, document transfers, internet conferencing and online collaborations.
Jeff Horing has substantial experience in guiding technical companies in his responsibility as Managing Director for New York-based Insight Venture Partners. This makes him hugely capable as Independent Director for SolarWinds Inc., one of Insight’s portfolio companies. SolarWinds offers user-friendly network management, monitoring and discovery software applications for mid-market customers that include commercial, military services, government and academic institutions. As member of the Board of Directors, Jeff Horing provides his financial and business know-how to steer SolarWinds into creating creative products that can help customers minimize network downtime, monitor its performance, and enhance the effectiveness of their network staff.
Jeff Horing is a Managing Director at Insight and has built a solid reputation in identifying IT and technical companies like Datacore Software that is poised for incredible growth in its industry. Founded in 1998, Datacore Software has emerged to be one of the major software vendors specializing in storage management, storage networking and storage virtualization. Seeing this profitable positioning of Datacore as the favored virtual storage foundation for desktop virtualization platforms and servers, Insight poured in new financial investments in the business, with Jeff Horing participating as a member of Board of Directors at Datacore Software.
6 Waves (Hong Kong 6 Waves Inc.) is among the leading global social games publishers doing business independently on the Facebook platform. 6 Waves is a venture-backed company and one of its primary institutional investors is New York-based Insight Venture Partners headed by Co-Founder and Managing Director Jeff Horing, who also serves as member of the 6 Waves Board of Directors. 6 Waves showcases a selection of more than 20 published social games with over fifty million avid players from around the globe each month. Jeff Horing and Insight poured in a $17.5 million investment in the company to assist 6 Waves’ global expansion by creating a more robust infrastructure and distribution pipeline.
Mentez is the largest social gaming publisher in Latin America and one of its institutional investors is New York-based venture capital company Insight Venture Partners. Jeff Horing, Insight’s Founding Partner and Managing Director, will manage Insight’s interests in the company by taking a seat on Mentez’s Board of Directors. Mentez at this time handles over seven social games on Facebook and more than twenty one social games in Orkut, the major social network in Brazil, and services over 22 million weekly active players. The financial investment made by Jeff Horing and Insight Venture Partners in Mentez will support the social gaming company in enlarging its portfolio of social games to take advantage of the broad market opportunities in Latin America.
Insight Venture Partners is the only corporate investor of data security, network security and messaging software solutions provider GFI Software. Insight’s Co-Founder and Managing Director, Jeff Horing, sits as a member of the Board of Directors at GFI Software. The software solutions provider is a Gold Certified Partner of Microsoft and is a previous recipient of the Microsoft Fusion Packaged Application Partner of the Year award. Jeff Horing and Insight Venture Partners have invested heavily in GFI Software and will continue to support the business in producing innovative solutions for e-mail spam and virus filters together with security software for monitoring and scanning networks.
Jeff Horing gained a kind of knowledge in business capital investment strategies that is certainly fundamental in developing technological investment expertise. Nevertheless, better insight in technological systems can be obtained by building this proficiency on top of a good foundation in education and learning. Such cornerstone is precisely what Jeff Horing obtained when he earned his MBA from the M.I.T. Sloan School of Management. MIT Sloan or Sloan is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts with full-time MBA as its largest program. Jeff Horing at the same time carries dual undergraduate degrees from the Moore School of Engineering at the University of Pennsylvania and the Wharton School of Business where Jeff graduated Phi Beta Kappa with high honors.
Together with Jerry Murdock, Jeff Horing started investment capital company Insight Venture Partners and is currently serving as Managing Director specializing in web gaming, mobile, Internet, technology and software application business opportunities. Jeff Horing is in addition also involved in numerous investment portfolio enterprises serving on the Board of Directors representing Insight. Under his leadership, Jeff Horing drove Insight Venture Partners to emerge as one of the main private equity investors focused in technological innovation, Internet and software industries. Since Insight Venture Partners began, the organization produced over $3 billion to support the portfolio companies the firm invests in.