From: Anne Wilcox Aviles [email protected] Subject: FW: TCV Spring 2016 Newsletter [Request ID :##94202##] Date: March 16, 2016 at 8:20 PM To: AJ Ross ([email protected]) [email protected], IT-Requests [email protected]

AJ,

Our newsle-er just went out over email but the firm that did the work didn’t create a .pdf for our website and now they are quite busy and cant do it for several weeks.

Can you help or have the bandwidth?

Newsle-er is below.

Let me know,

Anne Wilcox Aviles IT Director Technology Crossover Ventures 528 Ramona Street Palo Alto CA 94301 650-614-8250

TCV, founded in 1995, is one of the largest growth equity firms with a focus solely on technology and technology-enabled services companies.

With over 40 investment professionals and over $10 billion of capital raised to date, TCV partners with entrepreneurs to build market-leading companies, and has demonstrated success through 59 IPOs and 49 M&A exits since inception. We are flexible, active, and long-term investors who stay involved with and continue to invest in our portfolio companies through all stages of growth.

SNAPSHOT OF TCV INVESTMENTS

For a complete list of TCV investments, visit www.tcv.com/portfolio-list

SELECT RECENT INVESTMENTS

HireVue - Digital interviewing Spotify - Subscription music & employee coaching streaming platform platform June 10, 2015 - $526M Series G round June 2, 2015 - $45M Series E round led with TCV participation by TCV TCV Board Member: Woody Marshall TCV Board Member: Nari Ansari

GoFundMe - Online OneSource Virtual - Business platform for process as a service (BPaaS) personal causes provider

June 16, 2015 - led by TCV and June 18, 2015 - $150M Financing led by Accel TCV

TCV Board Member: Woody Marshall TCV Board Members: Jake Reynolds, John Drew and Nari Ansari

Dollar Shave Club - Online Avvo - Online legal subscription service for marketplace connecting razors and grooming consumers and lawyers accessories July 28, 2015 - $72M Series E round led June 22, 2015 - $75M Series D by TCV round with TCV participation TCV Board Member: Jay Hoag TCV Board Member: Woody Marshall

IQMS - Developer of Varsity Tutors - Live learning manufacturing ERP software platform for private instructors in the United August 4, 2015 - $40M Series B round States led by TCV November 10, 2015 - $57M Series B TCV Board Members: Jake Reynolds and round led by TCV Kapil Venkatachalam TCV Board Member: Woody Marshall

Perfecto - Continuous quality Datto - Provider of backup and testing platform for all and disaster recovery stages in the application solutions development lifecycle November 16, 2015 - $75M Series B November 11, 2015 - $35M Series E round led by TCV round led by TCV TCV Board Member: Ted Coons TCV Board Member: John Doran Why we invested in Datto: Read Our Datto Blog Post »

NewVoiceMedia - Provider of Fuze - Provider of enterprise cloud technology for voice, video and collaboration enterprise inside sales solutions

January 28, 2016 - $30M Financing February 2, 2016 - $112M Series E round with TCV participation round with TCV participation

TCV Board Member: John Rosenberg TCV Board Member: Ted Coons

SELECT M&A NEWS

Merkle Acquires Digital SiteMinder Acquires Analytics Consultancy, Globekey to Accelerate Direct Pointmarc Booking Presence in Asia

April 7, 2015 - Merkle, a leading June 4, 2015 - SiteMinder, the leading technology-enabled, data-driven cloud platform for hotels, today performance marketing agency and the announces it has acquired Asia-based nation's largest privately-held agency, online reservation systems provider announced that it has acquired Seattle- Globekey. The acquisition, completed this based Pointmarc, a leading digital month, significantly increases the direct analytics consultancy with world-class site booking contribution to the SiteMinder analytics and optimization capabilities. business from within Asia, especially in Merkle's acquisition was motivated by Globekey's primary markets of Indonesia Pointmarc's expertise in highly and Thailand where the majority of specialized, sophisticated data Globekey's 1200 global hotel customers architecture and engineering are currently located. environments.

Thoma Bravo Acquires Rapid7 Acquires Logentries; iPipeline, Leading Adds Machine Data Search to Technology Player Its Leading Security Data and Analytics Platform August 5, 2015 - Private equity investment firm Thoma Bravo acquired October 13, 2015 - Rapid7, Inc. iPipeline, a technology provider of cloud- (NASDAQ: RPD), a leading provider of based software solutions to the life security data and analytics solutions, insurance industry. Founded in 1995, announced it has acquired RevelOps, Inc. iPipeline provides cloud-based software d/b/a Logentries, a leading provider of solutions for the life insurance industry to machine data search technology. With the simplify insurance sales, compliance, addition of Logentries' world class, cloud- operations and support, and enable based log management and search, automated processing for pre-sales, Rapid7 will enable information security point-of-sale execu-tion of applications, teams to solve a full range of security post-sale support, reporting, consumer challenges, deeply investigate incidents, delivery and agency management. and more efficiently achieve their compliance requirements.

Thinkingphones acquires leading video conferencing provider Fuze

November 16, 2015 - Thinkingphones, the award-winning provider of enterprise Unified Communications as a Service (UCaaS), announced it had agreed to acquire Fuze, a leading cloud-based video conferencing company. Thinkingphones, which previously offered powerful solutions for delivering mobile- friendly and analytics-driven voice, text, and messaging, will add Fuze's video conferencing capabilities to create a truly integrated and powerful suite of services addressing every form of enterprise communication. Thinkingphones rebranded as Fuze in February 2016.

IPO NEWS

GoDaddy goes public in Alarm.com Announces 2015 IPO Pricing of April 1, 2015 - GoDaddy, the #1 internet domain registrar and small business June 25, 2015 - Alarm.com Holdings, technology service provider, priced its Inc., the leading platform solution for the initial public offering (IPO) on the New connected home, announced the pricing York Stock Exchange at $20 per share of its initial public offering of 7,000,000 and be-gan trading under the ticker shares of common stock at a price to the GDDY. public of $14.00 per share. The shares began trading on the NASDAQ Global Select Market on June 26, 2015 under the symbol "ALRM."

Rapid7 Announces Pricing of Initial Public Offering

July 16, 2015 - Rapid7, Inc. a leading provider of security data and analytics solutions, announced the pricing of its initial public offering of 6,450,000 shares of common stock at a price to the public of$16.00 per share. The shares began trad-ing on The NASDAQ Global Market on July 17, 2015 under the ticker symbol "RPD".

Mentoring Matters: Q&A with Chuck Davis

"Mentoring is one of the most under-appreciated skills in business today," says Chuck Davis, Venture Partner at Technology Crossover Ventures (TCV) and CEO & Chairman of Prodege. "It's easy to throw out tidbits of advice and try to provide guidance, but few master the delicate art of mentoring the leaders of tomorrow."

Davis should know. A protégé of former NFL Commissioner Pete Rozelle, Davis is quick to respond to students and young business leaders who reach out to him. He credits this to his relationship with Rozelle, which began when a 13-year old Davis sent a copy of his new sports magazine, Pro Grid Weekly to the commissioner.

Impressed by Davis' entrepreneurial spirit, Rozelle invited the youngster to NFL headquarters to interview him. Over time, Davis attended 10 NFL Drafts as a guest of the commissioner, who later hired Davis as an intern and wrote his business school recommendation letters. Davis often wonders how his life might have been different if Rozelle hadn't taken an interest in him at such a young age. In this exclusive interview, Davis discusses:

What he learned from Rozelle, and how he applies those lessons to help tomorrow's leaders achieve their full potential How coaching sports helped him become a better mentor How CEOs might go about finding a mentor of their own

TCV: What did Rozelle teach you about business and life, and how has that influenced your approach to mentoring first time and serial CEOs?

Davis: I was very fortunate to have a senior business figure like the Commissioner take an interest in me. It's made me want to give back, and one way I do that is by being an Entrepreneur-in- Residence (EiR) at Harvard, where I meet with over 50 students annually to review their startup business plans. I think it is important that leaders dedicate time to give back because someone paid it forward to us, and now it's our turn.

TCV: You've said time spent coaching your children's soccer teams has made you a better leader and mentor. How so?

Davis: I apply what I've learned on the field to the organizations I lead. I first started coaching and then I became a center referee, which helped me see the players differently. In business, a chairman, like a center referee, typically has certain rights, responsibilities and insights, while a director might approach and see things differently. I try to look at entrepreneurs and companies from all perspectives.

One coaching trick - switching defenders with forwards to achieve better results - is also a way to foster teamwork and make employees more efficient. Switching product and marketing people enables them to understand each other's roles and challenges, so instead of criticizing co-workers, people see what they can do to help each other. I make a point of driving this lesson home at Prodege, parent of Swagbucks, and when mentoring founders. You know that saying about walking in another man's shoes? Well, it's easy to forget what it's like unless you keep doing it.

TCV: There must be a delicate balance between mentoring a founder and coming across as an "over-bearing" investor. Where do you draw that fine line?

To read the rest of this interview: Visit Medium.com »

STAFF NEWS

NEW MEMBERS

Katja Gagen Muz Ashraf Nick Crowne Principal and Head of Vice President Vice President Marketing

Scott Kirk Gloria Baeuerlein Joe Blundo Vice President Associate Associate

Stanislas Chanavat Landon Jaussi Aleksandra Antolak Associate Associate Analyst

Justin Wexler Analyst

Read Our Team Bios »

If you are interested in learning more about how we partner with great management teams or know of a business that might interest us, let us know.

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528 Ramona St. 280 Park Avenue 1st Floor Palo Alto, CA 94301 East Building 26th Floor 11 Charles II Street Tel: +1 (650) 614-8200 New York, NY 10017 London SW1Y 4QU Tel: +1 (212) 808-0200 Tel: +44 (0)20 7004 2620

This newsletter is intended solely for prospective portfolio companies and their agents regarding TCV's potential financing capabilities, and is not an offer to sell to any person, or solicitation from any person of any offer to buy, any securities. Certain information contained in this newsletter consists of portions of press releases issued by our portfolio companies. Such information has not been independently verified by TCV, and TCV does not assume responsibility for the accuracy of such information. M&A exits refer to sales that resulted in a gain. Organization headcount includes Venture Partners and Executive Advisors who are typically consultants and not employees of TCV. The portfolio companies described in this newsletter are not a complete list of TCV's investments and no assumption should be made that the investments identified herein were or will be profitable; for a complete list of TCV investments (other than certain public company investments), visit us at www.tcv.com/portfolio-list. ©2016

This email was sent by: Technology Crossover Ventures 528 Ramona St. Palo Alto, CA, 94301, USA

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