5th Kind Scores Private Equity Investment

5th Kind, a developer of workflow management software for Hollywood studios, has scored an investment from private equity investor HCAP Partners. Size of the investment was not announced. According to HCAP, the investment capital will go to fund growth initiatives for 5th Kind. As part of the funding, Tim Bubnack, Managing Partner at HCAP, has been appointed to the board of 5th Kind. 5th Kind develops a web-based digital asset management and workflow application that offers asset storage, review, approvals, distribution, and live meetings in one space, and is led by founder and CEO Steve Cronan.