NEW YORK, Aug. 15, 2012 /PRNewswire/ -- IntraLinks® Holdings, Inc. (NYSE: IL), a leading, global technology provider of inter-enterprise content management and collaboration solutions, today announced that Institutional Venture Partners (IVP), a premier later-stage venture capital and growth equity firm, selected IntraLinks Connect(SM) to support fundraising for IVP XIV,
a $1 billion fund. This is the largest fund in the firm's 32-year history. IVP first started using IntraLinks Connect for limited partner communications, including dissemination of quarterly fund updates, investor account information, presentation materials, and more. Several funds ago, the firm used regular email for fundraising. It was hard to verify who actually received information and the company had to track processes manually, which took valuable time away from its workforce. IVP's decision to fundraise using IntraLinks Connect was a seamless transition since their limited partners already had access to IntraLinks technology and were familiar with the layout and procedures for secure file sharing.
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