Summit Partners, a growth equity investor, has invested in TextExpander, a productivity software developer.

TextExpander is built to help teams accelerate repetitive tasks and improve business communications.

“TextExpander has achieved best-in-class customer satisfaction and retention, with consistently strong net promoter scores. This is a testament to the founders’ focus on building a product that saves teams time and improves productivity,” said J.D. Mullin, CEO of TextExpander. “I’m excited to build on the strong foundation laid by founders Philip Goward and Greg Scown as we work together to lead TextExpander in this new phase.”