@Ventures

@Ventures is the investment arm of ModusLink Global Solutions, Inc., focusing on early-stage and mid-stage technology companies. Founded in 1995 and headquartered in Wilmington, Massachusetts, with an additional office in Menlo Park, California, the firm specializes in investments in clean energy technology, enterprise software, internet technologies, and security applications. It aims to support companies across North America by providing capital and strategic guidance to help them grow and succeed in their respective markets.

Peter Mills

Managing Director

30 past transactions

Audionotes

Seed Round in 2023
audionotes Inc offers a groundbreaking solution for note-taking, using the power of artificial intelligence. Users can effortlessly convert voice recordings and unstructured text notes into well-organized text summaries. With a range of features such as voice note recording, file uploads, and AI-driven content generation, audionotes Inc is revolutionizing the way users document their thoughts and ideas. Furthermore, the platform offers integrations with popular apps, a mobile application, and robust customer support.

Unlimeat

Series B in 2021
Unlimeat is a company specializing in the production of plant-based meat products designed to serve as sustainable and environmentally friendly food substitutes. Its product range includes sliced meats, minced meat, burger patties, and pulled barbecue, all crafted using technology that replicates the texture, juice, taste, and aroma of traditional meat. The company focuses on transforming perfectly edible but cosmetically imperfect produce that would otherwise go to waste into appealing plant-based foods, thereby promoting waste reduction. Unlimeat's offerings cater to a diverse culinary landscape, making them suitable for both Eastern and Western cuisines. Additionally, the company is a proud member of the Upcycled Food Association, underscoring its commitment to sustainability and responsible food production.

Propel Fuels

Series D in 2012
Propel Fuels, Inc. is a fuel station operator based in Sacramento, California, established in 2004. The company specializes in providing a range of fuels, including diesel, renewable fuels, and flex fuels, primarily in California and Washington. Propel Fuels aims to empower consumers by offering access to clean, American-made fuels that positively impact the economy and environment. Its network of retail stations spans various locations, including cities in California such as San Diego, Anaheim, and Oakland, as well as sites in Washington like Seattle. Additionally, Propel Fuels features the CleanDrive platform, which tracks carbon emissions reductions, enabling customers to quantify the environmental benefits of choosing renewable fuels over traditional petroleum options.

Carbonflow

Series B in 2010
CarbonFlow is a company that specializes in developing carbon trading software aimed at reducing the cost and time required to create carbon credits. Founded in 2006, CarbonFlow enhances productivity by streamlining administrative processes and mitigating financial risks associated with managing Greenhouse Gas (GHG) offset projects. The company's suite of tools facilitates the delivery of certified carbon credits for buyers and sellers globally, leveraging web technology to expedite carbon reduction initiatives.

Propel Fuels

Series B in 2010
Propel Fuels, Inc. is a fuel station operator based in Sacramento, California, established in 2004. The company specializes in providing a range of fuels, including diesel, renewable fuels, and flex fuels, primarily in California and Washington. Propel Fuels aims to empower consumers by offering access to clean, American-made fuels that positively impact the economy and environment. Its network of retail stations spans various locations, including cities in California such as San Diego, Anaheim, and Oakland, as well as sites in Washington like Seattle. Additionally, Propel Fuels features the CleanDrive platform, which tracks carbon emissions reductions, enabling customers to quantify the environmental benefits of choosing renewable fuels over traditional petroleum options.

Cobalt Technologies

Series C in 2008
Cobalt Technologies is a biotechnology company founded in 2005 and headquartered in Mountain View, California. The company specializes in developing innovative technologies for the production of biofuels, particularly focusing on next-generation bio n-butanol. Cobalt's advancements enable the creation of low-cost, commercial-scale biobutanol, which serves as a sustainable alternative to petroleum-based products. This bio-based chemical can be utilized in a wide range of applications, including fuels, jet fuel, bio-based plastics, synthetic rubber, paints, adhesives, and solvents. By providing cost-effective substitutes to traditional petroleum-derived chemicals, Cobalt Technologies aims to contribute to cleaner burning fuels and a reduced environmental impact.

M2E Power

Series A in 2007
M2E Power, founded in 2006 and based in Boise, Idaho, specializes in the development of innovative energy generation technology solutions aimed at providing clean power for mobile devices. The company creates batteries that utilize a micro generator capable of converting kinetic energy into electrical power, which is applicable in both military and consumer mobile devices. M2E Power's focus on energy generation technology positions it at the intersection of clean technology and mobile power solutions. In 2009, the company was acquired by Motionetics, further enhancing its capabilities and market reach.

Propel Fuels

Series A in 2007
Propel Fuels, Inc. is a fuel station operator based in Sacramento, California, established in 2004. The company specializes in providing a range of fuels, including diesel, renewable fuels, and flex fuels, primarily in California and Washington. Propel Fuels aims to empower consumers by offering access to clean, American-made fuels that positively impact the economy and environment. Its network of retail stations spans various locations, including cities in California such as San Diego, Anaheim, and Oakland, as well as sites in Washington like Seattle. Additionally, Propel Fuels features the CleanDrive platform, which tracks carbon emissions reductions, enabling customers to quantify the environmental benefits of choosing renewable fuels over traditional petroleum options.

Advent Solar

Series D in 2007
Advent Solar, headquartered in Albuquerque, New Mexico, is a company specializing in the production of silicon photovoltaic cell-to-module technology. They focus on developing intellectual property for advanced, high-energy silicon photovoltaic solutions. Advent Solar's patented technologies enable the creation of high-value solar products that are both efficient and aesthetically pleasing. The company offers its industry-leading Ventura Technology through a licensing model, providing a comprehensive architecture for high-performance solar modules that deliver exceptional value in the silicon PV market.

Powerit Solutions

Series A in 2007
Powerit Solutions LLC, established in 1994 and headquartered in Seattle, Washington, specializes in energy management services for industrial and commercial clients. The company offers a suite of solutions, including its Energy Director power management system and Konnekt Wireless I/O, to reduce energy costs and optimize demand levels. Additionally, Powerit provides tailored IT consulting services, such as managed IT services, network efficiency monitoring, and cybersecurity assessments, to enhance clients' technological capabilities.

Earthanol

Series A in 2007
Earthanol Inc., a Newport Beach, Calif.-based company focused on converting waste into ethanol.

Advent Solar

Series C in 2005
Advent Solar, headquartered in Albuquerque, New Mexico, is a company specializing in the production of silicon photovoltaic cell-to-module technology. They focus on developing intellectual property for advanced, high-energy silicon photovoltaic solutions. Advent Solar's patented technologies enable the creation of high-value solar products that are both efficient and aesthetically pleasing. The company offers its industry-leading Ventura Technology through a licensing model, providing a comprehensive architecture for high-performance solar modules that deliver exceptional value in the silicon PV market.

Vaultus

Series B in 2001
Vaultus, Inc. is a mobile applications provider based in New York City, specializing in innovative wireless solutions for Global 1000 enterprises. The company focuses on developing and deploying mobile applications that integrate seamlessly with existing network infrastructures and data centers, enabling businesses to securely mobilize critical applications and processes. Vaultus offers a comprehensive package that includes software solutions, professional services, and managed services, aimed at enhancing productivity, reducing costs, and increasing revenues for enterprise clients. With a strong emphasis on data security and enterprise-grade management, Vaultus equips organizations with the tools necessary to leverage wireless technology for a competitive advantage.

Lightchip

Venture Round in 2000
Lightchip Inc is a provider of system solutions for optical transport and management.

SpotLife

Series C in 2000
SpotLife is a pioneering company in the field of Internet broadcasting, offering a user-friendly platform for personal video broadcasting. Its service allows individuals to easily broadcast live or pre-recorded video with audio, requiring only a PC, an Internet video camera, and a dial-up Internet connection. By emphasizing simplicity, SpotLife provides an accessible solution for users to share their content with a wider audience, effectively bringing personal video broadcasting into the mainstream.

Vendio Services

Series C in 2000
Vendio Services, based in San Mateo, California, specializes in eCommerce software for small to medium-sized merchants. Its platform enables users to manage online sales across multiple channels, including their own website, Amazon, eBay, and others, cost-effectively and seamlessly. With over 80,000 merchants using its services annually, Vendio facilitates the sale of nearly $2 billion in merchandise. Additionally, it operates Dealio, a consumer shopping and coupons site. The company was acquired by Alibaba.com in 2010.

Corrigo

Series B in 2000
Corrigo Incorporated is a software and services company specializing in real-time, cloud-based facilities and service management solutions for a diverse range of clients, including multi-site facilities, service providers, and various industries such as retail, healthcare, and property management. Founded in 1999 and headquartered in Tualatin, Oregon, Corrigo offers a suite of software products designed to enhance operational efficiency and visibility. Key offerings include WorkTrack Service Management for managing service businesses, WorkTrack Construction & Crews for construction-related job tracking, and CorrigoNet, which streamlines communication between customers, dispatch agents, technicians, and vendors. The company's solutions encompass maintenance management, service dispatch, warranty management, and employee time tracking, all aimed at improving cost control and service quality. Corrigo's workforce is spread across the United States, Ukraine, and India, and it operates as a subsidiary of Jones Lang LaSalle Incorporated.

OneMediaPlace

Series E in 2000
OneMediaPlace is an innovative online media marketplace that connects buyers and sellers across various media sectors, including online, broadcast, television, print, and out-of-home advertising. Founded in 1997, the company has developed a sophisticated technical platform designed to support high transaction volumes and facilitate seamless integration for users. Its comprehensive offerings and extensive network of organizations in the media industry position OneMediaPlace as a leader in facilitating business-to-business e-commerce solutions. The company is dedicated to advancing the media industry’s shift towards e-commerce by providing a non-partisan marketplace that integrates the complete media universe, backed by strategic partnerships across diverse sectors.

TVisions

Venture Round in 2000
Tvisions is an Internet professional services firm with vision, offering a full suite of strategy, design and development services. They have years of experience propelling Their clients to online market leadership. Headquartered in Watertown, MA, Tvisions is part of CMGi's @Ventures portfolio of companies.

Advanced Data Exchange

Series C in 2000
Advanced Data Exchange is a provider of electronic data interchange, business integration, and commerce management services, headquartered in Fremont, California. Founded in 1992, the company specializes in outsourced electronic data interchange services, encompassing document specification, data mapping and translation, trading partner connectivity, secure message delivery, and tracking. Additionally, Advanced Data Exchange offers project management and technical support to assist businesses in managing their operations efficiently. The company features ADX WebAccess, a web-based order management and invoice presentment solution, and ADX Desktop, a software application for data archiving and back office system integration. Its business integration services include data translation, validation, and enterprise application integration, along with the provision of trading partner electronic commerce reference guides. Furthermore, Advanced Data Exchange delivers comprehensive commerce management services that encompass order processing, invoicing, and business intelligence management, alongside offerings like CommerceMail to tackle various commerce issues.

Ironmax

Venture Round in 2000
Ironmax operates as a business-to-business online marketplace specifically designed for the construction equipment industry. It connects buyers and suppliers, facilitating the buying, selling, and renting of construction equipment through its platform. By providing an efficient and streamlined method for transactions, Ironmax aims to enhance the accessibility and availability of construction resources for its users.

ONECORE

Series C in 2000
ONECORE provides project management, engineering, and construction solutions across a spectrum of building and construction projects. They operate as an integrated part of the project team. They offer in-house property development and investment services.

Half.com

Venture Round in 2000
Half.com is an online marketplace that facilitates person-to-person transactions, allowing individuals to buy and sell previously-owned goods at discounted prices. Founded in 1999 by Josh Kopelman and Sunny Balijepalli, the platform gained attention for its unique business model focused on offering items for at least half off their list prices. In June 2000, Half.com was acquired by eBay, further expanding its reach within the e-commerce sector. As part of its marketing strategy, the company made headlines by temporarily renaming the town of Halfway, Oregon, to "Half.com, Oregon," demonstrating its innovative approach to branding and community engagement.

Blackboard

Venture Round in 2000
Blackboard Inc. is a leading provider of enterprise technology and innovative solutions for the education sector, catering to higher education, K-12, business, and government markets. Founded in 1997 and headquartered in Reston, Virginia, the company offers a diverse range of products designed to enhance the teaching and learning experience. Its flagship platform, Blackboard Learn, supports academic goals through a comprehensive learning management system, while Blackboard Collaborate facilitates interactive and mobile learning. Additional offerings include Blackboard Analytics, which converts data into actionable insights, and Blackboard SafeAssign, which helps identify plagiarism in student submissions. The company also provides tools for accessibility, student support, and community engagement, such as Blackboard Ally and Blackboard Connect. With a global presence, Blackboard aims to improve educational outcomes and institutional performance by leveraging technology to streamline processes and enhance communication among educational stakeholders.

Industria Solutions

Venture Round in 2000
Industria Solutions Inc. is a business-to-business e-commerce company focused on the global fluid processing equipment market. It offers a comprehensive e-commerce platform that facilitates collaborative engineering, e-procurement, and project and materials management. By leveraging the expertise of its founding companies, Industria Solutions addresses supply chain inefficiencies specifically in industries such as chemicals, oil and gas, pulp and paper, power generation, and pharmaceuticals. The company's platform enables clients to streamline the procurement of materials, enhancing operational efficiency and effectiveness within these sectors.

Snapfish

Series A in 1999
Snapfish, LLC is an online photo printing and sharing service founded in 1999 and based in San Francisco, California. Acquired by HP in 2005, Snapfish primarily focuses on allowing users to upload, print, and share photos with friends and family. Unlike many photo-sharing platforms that emphasize community interaction, Snapfish prioritizes the printing aspect, offering a variety of products such as photo books, greeting cards, and customized gifts. The company has established partnerships with retail stores like Costco and Walgreens, enabling customers to pick up their prints locally. Users can upload an unlimited number of photos, although to maintain this status, they must purchase prints at least once a year. Snapfish's business model includes affordable printing options, making it accessible for users to continue utilizing the service. Its main competitors include other photo-sharing platforms like Flickr, Shutterfly, and Photobucket.

Bizbuyer.com

Series B in 1999
Bizbuyer.com is a business-to-business e-commerce platform designed for small to mid-size enterprises. It operates an online marketplace where these businesses can purchase a wide range of products and services. The platform allows companies to submit bids for their desired items, facilitating a competitive purchasing environment. By connecting buyers and suppliers, Bizbuyer.com streamlines the procurement process for smaller businesses, enhancing their ability to access essential resources efficiently.

Gamers.com

Venture Round in 1999
Gamers.com, established in 1996, is an online gaming portal dedicated to serving the gaming community. The company operates an integrated platform that offers a comprehensive database, allowing users to access information about a wide variety of games. By focusing on the latest developments in the gaming industry, Gamers.com aims to be a central hub for gamers seeking information and resources related to their interests.

Vstore.com

Series B in 1999
Vstore.com is a privately held company dedicated to bringing e-commerce to everyone.

Critical Path

Series B in 1999
Critical Path, acquired by Openwave Messaging in December 2013, provides consumer and enterprise solutions for online and mobile communication. Its portfolio includes web and mobile messaging, social media messaging, security, and archiving services. The company owns the award‑winning ShoZu service, which connects millions of users to social sites and feeds. Critical Path’s Memova suite is adopted by leading service providers and enterprises worldwide to enable large numbers of people to communicate, connect, share, and organize while ensuring safety and assurance. With global offices, the firm supports deployments of Memova solutions to increase revenue, enhance loyalty, streamline operations, and reduce costs. In November 2010 it merged with Mirapoint, a global leader in mail‑server appliances, creating an integrated offering of email security, archiving, and mailbox appliances that serves more than 120 million mailboxes for enterprises, service providers, educational institutions, and government entities.
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