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As we turn the calendar to 2022, we are proud to celebrate the milestones and share the moments that have shaped the last twelve months. 2021 was a record year in many respects – for Summit Partners and for many of the companies and teams with whom we partner. We invested more than $4.0 billion, announced the close of our eleventh U.S. growth equity fund, supported the IPOs of six Summit-backed companies and welcomed more than 20 new companies to #TheSummitPartnersNetwork. Read more in Summit's 2021 Year in Review.
We are thrilled to announce five promotions across Summit's global offices. Congratulations to Scott Ferguson, Sergio Mur, Olivia Ley, Chris Bon and Jono Pagden.
At Summit, we have witnessed the impact of strong customer experiences and shared community. We are thrilled to welcome Melanie Whelan to Summit’s Executive-in-Residence program. Melanie brings more than 20 years of experience building and leading high-growth consumer and specialty retail brands, and we look forward to partnering with her to identify new investment opportunities across the e-commerce and consumer landscape.