Principal Financial Group

Founded in 1879, Principal Financial Group is a global leader in investment management, offering retirement savings plans, insurance solutions, and asset management services. They serve businesses, individuals, and institutional clients worldwide.

Kara Hoogensen

Senior Vice President, Benefits and Protection and Head of Workplace Benefits

Past deals in Iowa

Limelight Health

Series C in 2019
Limelight Health, Inc. is a technology company that specializes in developing a cloud-based platform designed for the employee benefits industry, focusing on quoting, underwriting, and proposal generation. Founded in 2014 and headquartered in San Francisco, California, with additional offices in Redding and Des Moines, Limelight Health offers a comprehensive suite of services that streamline and automate various processes for health insurance carriers, general agents, and brokers. The platform enhances user experience by simplifying workflows, enabling seamless integration with other industry systems, and facilitating new business acquisition. Its features include quoting, rating, proposal generation, renewals, and automated processing for various functions, all aimed at modernizing the sales and underwriting processes within the insurance sector. As of 2020, Limelight Health operates as a subsidiary of FINEOS Corporation Holdings plc.

Palisade Systems

Venture Round in 2009
Palisade Systems, Inc. is a provider of enterprise content security and data protection solutions, specializing in data loss prevention and web monitoring. Founded in 1996 in Ames, Iowa, and currently headquartered in Des Moines, Iowa, the company offers a range of products designed to secure private data and control network traffic. Key offerings include PacketSure, a network appliance that protects sensitive information; PacketGuard, which safeguards machines against unauthorized access; PacketDecoy, a device that intercepts and analyzes hackers; and ScreenDoor, which monitors and restricts Internet access. Palisade Systems aims to secure intellectual property and client information, ensure compliance with federal privacy and industry security regulations, and facilitate access management to internal resources. Its client base spans the healthcare, financial services, insurance industries, as well as educational institutions across North America and Europe. The company also provides installation assistance and training services to enhance its product effectiveness.

Palisade Systems

Series E in 2005
Palisade Systems, Inc. is a provider of enterprise content security and data protection solutions, specializing in data loss prevention and web monitoring. Founded in 1996 in Ames, Iowa, and currently headquartered in Des Moines, Iowa, the company offers a range of products designed to secure private data and control network traffic. Key offerings include PacketSure, a network appliance that protects sensitive information; PacketGuard, which safeguards machines against unauthorized access; PacketDecoy, a device that intercepts and analyzes hackers; and ScreenDoor, which monitors and restricts Internet access. Palisade Systems aims to secure intellectual property and client information, ensure compliance with federal privacy and industry security regulations, and facilitate access management to internal resources. Its client base spans the healthcare, financial services, insurance industries, as well as educational institutions across North America and Europe. The company also provides installation assistance and training services to enhance its product effectiveness.

LightEdge Solutions

Private Equity Round in 2004
LightEdge Solutions is a cloud computing and data center service provider based in Des Moines, Iowa. The company offers a comprehensive range of IT services, including premier colocation, private Infrastructure as a Service (IaaS), and cloud platforms. LightEdge specializes in disaster recovery and security services, designed to support complex hybrid IT deployments. Their solutions are backed by industry-leading global security and compliance standards, ensuring that clients receive the highest levels of security and flexibility for their mission-critical IT operations. The company's facilities are purpose-built and owned, showcasing integrated disaster recovery solutions and an array of premium cloud options that together form a robust Hybrid Cloud Solution Center model.
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