Resonant Venture Partners

Resonant Venture Partners, established in 2010 and headquartered in Ann Arbor, Michigan, is a venture capital firm focusing on seed and early-stage investments. It primarily invests in technology companies, with a particular interest in cloud infrastructure, software, and services. The firm seeks to support entrepreneurs in the United States, typically committing up to $500,000 per seed round. Resonant Venture Partners' managing directors, who are entrepreneurs themselves, actively partner with portfolio companies to navigate product, market, and operational challenges at the earliest stages.

Jason Townsend

Founder and Managing Director

13 past transactions

Bitfusion.io

Series A in 2017
Bitfusion.io Inc. is a technology company based in Austin, Texas, founded in 2015, that specializes in software solutions designed to enhance the performance of applications by leveraging hardware accelerators. The company provides several offerings, including Bitfusion software for accelerating existing cloud and data center operations, Bitfusion appliances that combine hardware accelerators with software libraries, and Bitfusion Supercloud, which offers on-demand access to hardware accelerators like FPGAs in the cloud. These solutions cater to various applications including computer vision, media encoding, scientific computing, bioinformatics, and search. Bitfusion aims to make heterogeneous computing accessible to organizations of all sizes and simplifies the management of compute resources for AI developers, thereby reducing costs and complexities associated with the AI application lifecycle. In 2019, Bitfusion became a subsidiary of VMware, Inc.

Filament

Series A in 2017
Filament builds blockchain hardware and& software solutions for enterprise and IoT. Filament’s distributed blockchain capabilities leverage open protocols so that devices are able to independently process and record transactions, ensuring digital trust. Its new trusted application software and Blocklet Chip, currently in beta, are designed to communicate and interact with multiple blockchain technologies natively. The software, implemented on existing hardware, will deliver a secure distributed ledger technology solution. The Blocklet Chip will allow industrial corporations and enterprises to seamlessly extract the value of recording and monetizing data assets, at the edge of the network, on the sensors themselves.

DeepField Networks

Series A in 2015
DeepField Networks, established in 2011 and headquartered in Ann Arbor, Michigan, specializes in cloud intelligence and data analytics services. The company offers a suite of products, including Singularity (an analytics and security application), Cloud Genome (which maps global service supply chains), Cloud Intelligence (real-time big data analytics), Defender (real-time DDoS detection and mitigation), and Service Assurance (encryption-proof visibility using Deep Packet Inspection). These solutions cater to Fortune 500 enterprises, carriers, and cloud providers across North America, Europe, Asia, and South America, helping them manage and optimize their cloud and over-the-top services in real-time, thereby enhancing performance and reducing costs. Since January 31, 2017, DeepField has operated as a subsidiary of Nokia Corporation.

Filament

Series A in 2015
Filament builds blockchain hardware and& software solutions for enterprise and IoT. Filament’s distributed blockchain capabilities leverage open protocols so that devices are able to independently process and record transactions, ensuring digital trust. Its new trusted application software and Blocklet Chip, currently in beta, are designed to communicate and interact with multiple blockchain technologies natively. The software, implemented on existing hardware, will deliver a secure distributed ledger technology solution. The Blocklet Chip will allow industrial corporations and enterprises to seamlessly extract the value of recording and monetizing data assets, at the edge of the network, on the sensors themselves.

Bitfusion.io

Seed Round in 2015
Bitfusion.io Inc. is a technology company based in Austin, Texas, founded in 2015, that specializes in software solutions designed to enhance the performance of applications by leveraging hardware accelerators. The company provides several offerings, including Bitfusion software for accelerating existing cloud and data center operations, Bitfusion appliances that combine hardware accelerators with software libraries, and Bitfusion Supercloud, which offers on-demand access to hardware accelerators like FPGAs in the cloud. These solutions cater to various applications including computer vision, media encoding, scientific computing, bioinformatics, and search. Bitfusion aims to make heterogeneous computing accessible to organizations of all sizes and simplifies the management of compute resources for AI developers, thereby reducing costs and complexities associated with the AI application lifecycle. In 2019, Bitfusion became a subsidiary of VMware, Inc.

Stratos

Venture Round in 2014
Stratos, Inc. is a technology company based in Ann Arbor, Michigan, that specializes in mobile payment solutions. The company has developed a Bluetooth-connected card platform that consolidates various plastic cards, including credit, debit, loyalty, membership, and gift cards, into a single device. This innovative platform allows users to utilize the Stratos card in traditional payment scenarios, such as at restaurants, bars, ATMs, and parking meters, while ensuring compatibility with point-of-sale terminals. Stratos' technology also enhances security by protecting consumers, merchants, and banks from potential fraud. Originally founded as Protean Payment, Inc. in 2012, the company rebranded to Stratos, Inc. in October 2014.

Stratos

Series A in 2013
Stratos, Inc. is a technology company based in Ann Arbor, Michigan, that specializes in mobile payment solutions. The company has developed a Bluetooth-connected card platform that consolidates various plastic cards, including credit, debit, loyalty, membership, and gift cards, into a single device. This innovative platform allows users to utilize the Stratos card in traditional payment scenarios, such as at restaurants, bars, ATMs, and parking meters, while ensuring compatibility with point-of-sale terminals. Stratos' technology also enhances security by protecting consumers, merchants, and banks from potential fraud. Originally founded as Protean Payment, Inc. in 2012, the company rebranded to Stratos, Inc. in October 2014.

Filament

Seed Round in 2013
Filament builds blockchain hardware and& software solutions for enterprise and IoT. Filament’s distributed blockchain capabilities leverage open protocols so that devices are able to independently process and record transactions, ensuring digital trust. Its new trusted application software and Blocklet Chip, currently in beta, are designed to communicate and interact with multiple blockchain technologies natively. The software, implemented on existing hardware, will deliver a secure distributed ledger technology solution. The Blocklet Chip will allow industrial corporations and enterprises to seamlessly extract the value of recording and monetizing data assets, at the edge of the network, on the sensors themselves.

Orchestrate

Seed Round in 2013
Orchestrate offers a RESTful API service that simplifies database management for developers, allowing them to focus on building applications without the overhead of operating their own databases in production. Leveraging advanced NoSQL technologies, Orchestrate integrates various data retrieval methods, such as full-text search, social graphs, and time-ordered event queries, into a single interface. This comprehensive solution alleviates the operational and financial challenges associated with database deployment, enabling developers to efficiently create new applications and enhance existing ones. Orchestrate manages the complexities of constructing, operating, and scaling a robust and fault-tolerant data layer, streamlining the development process in the financial services industry and beyond.

Precog

Series A in 2012
Precog is a data analysis platform designed to help companies productize their data assets by enabling them to store, integrate, and analyze substantial volumes of measured data. The platform features an implementation of Quirrel, a statistical language adept at handling big data, allowing businesses to create analytics and predictive models that can be incorporated into existing products or launched as new offerings. Precog empowers companies to enhance their applications with integrated analytics, transform existing data into resalable products, and develop advanced features such as recommendations and personalizations. Founded by John A. De Goes, Precog emerged from ReportGrid and aims to simplify data access for end users and business teams, addressing the complexities of modern data environments. The company utilizes a unique mathematical foundation known as Multi-dimensional Relational Algebra (MRA), which facilitates the transformation of complex data into usable analytic tables. Precog is backed by notable investors and emphasizes usability and performance in its technology solutions.

Sookasa

Seed Round in 2012
Sookasa Inc., established in 2011 and headquartered in Mountain View, California, specializes in cloud security solutions. The company offers its services to various cloud integration partners such as Box, Dropbox, Google Drive, and Microsoft Office 365, serving clients primarily in education, finance, healthcare, and legal industries. Sookasa's platform provides features like audit trails, data loss prevention scanning, and transparent encryption, enabling businesses to enforce security policies and protect sensitive data stored in the cloud. As of March 17, 2016, Sookasa operates as a subsidiary of Barracuda Networks Inc., focusing on ensuring secure and compliant usage of popular cloud services within enterprises.

Duo Security

Series A in 2012
Duo Security provides cloud-based access protection solutions for companies worldwide, specializing in multi-factor authentication (MFA), passwordless login, and single sign-on (SSO) technologies. Their services include unified endpoint visibility, adaptive authentication, policy enforcement, and secure remote access to both cloud and on-premises applications. Duo Security's offerings help protect against phishing, credential theft, and application breaches, serving industries such as healthcare, finance, technology, government, education, legal, retail, and more. Founded in 2009 and based in Ann Arbor, Michigan, the company also has offices in San Mateo, California; Austin, Texas; and London, United Kingdom. As of September 28, 2018, Duo Security operates as a subsidiary of Cisco Systems.

Duo Security

Seed Round in 2010
Duo Security provides cloud-based access protection solutions for companies worldwide, specializing in multi-factor authentication (MFA), passwordless login, and single sign-on (SSO) technologies. Their services include unified endpoint visibility, adaptive authentication, policy enforcement, and secure remote access to both cloud and on-premises applications. Duo Security's offerings help protect against phishing, credential theft, and application breaches, serving industries such as healthcare, finance, technology, government, education, legal, retail, and more. Founded in 2009 and based in Ann Arbor, Michigan, the company also has offices in San Mateo, California; Austin, Texas; and London, United Kingdom. As of September 28, 2018, Duo Security operates as a subsidiary of Cisco Systems.
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