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Catalyst-backed WeddingWire garners more reviews than any other site in its industry

WeddingWire, Inc., the leading online marketplace connecting consumers with event and creative professionals, announced that newlyweds have shared the love and submitted over three million reviews, helping WeddingWire to surpass its own record in holding the largest number of reviews on any wedding and event industry site. This achievement is significant as researching vendors and reading reviews is a critical first step for many couples in their wedding planning process. By showcasing these reviews, WeddingWire is providing insight and information to engaged couples across the country, empowering them to make the best choice when it comes to selecting their wedding vendor teams and instilling confidence in their decision-making. The 3,000,000 reviews represent feedback from newlyweds’ real experiences partnering with wedding professionals, from wedding venues and wedding photographers, to wedding florists and beyond.

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Portfolio News

Forbes names Catalyst-backed Xplornet one of Canada’s best employers

Forbes, in collaboration with online statistics provider Statista, surveyed 8,000 employees in Canada. Employees who were surveyed were consulted anonymously and asked to rate their willingness to recommend their own companies on a scale of 1 to 10. The survey identifies Canada’s top 300 employers across 25 industries. Catalyst portfolio company Xplornet was ranked as the best company to work for in Canada’s telecommunications sector, and the 25th best employer in Canada overall.

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Portfolio News

Momentum continues for Catalyst-backed Jobvite

Jobvite, the industry leader in best-of-breed recruiting software, established Jobvite India in Bangalore and shared key indicators of business momentum. In Fiscal Year 2016, Jobvite achieved a record amount of bookings from both new customers and the expansion of current customer usage. The company experienced over 200% year-over-year growth in bookings among large enterprises. Jobvite was also named a leader in Forrester Research’s report, The Forrester Wave™: Talent Acquisition Vendors, Q3 2015, an independent research report often reviewed by large enterprises when considering talent acquisition software.

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Blog

Game Notes from My Rookie Year at SaaStr Annual

By Mia Hegazy

Catalyst has been investing in SaaS since before the term was coined (we funded MessageLabs, an enterprise email security SaaS offering, in 2000). Since then, we have invested in several other growth stage SaaS businesses, including MINDBODY (NASDAQ:MB, business management software for health and wellness studios), Ascentis (human resources management software), Jobvite (social recruiting software), and Conductor (content intelligence software for marketers), among others. Over the years, we have shared our views on how the SaaS space is evolving, including a research piece (SaaS Investors: Mind the Valuation GAP (Growth at Any Price)) that introduced our proprietary equation for valuing SaaS companies.

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Portfolio News

New CFO for Catalyst portfolio company BrightFarms

Catalyst-bacled BrightFarms, a U.S. produce supplier that created a national brand for local produce, has appointed Jen Douglas CFO. She will help BrightFarms continue to scale as a national platform for local produce in partnership with the country’s top supermarkets.

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