Marisa Valley

Co-Founder, General Partner

Alan Mendelson

Founder

32 past transactions

Tangen Biosciences

Series A in 2019
Tangen Biosciences is a biotechnology company that offers molecular diagnostic technology services. It develops medical instruments that provide rapid nucleic acid detection with the specificity and sensitivity of polymerase chain reaction (PCR) amplification.

Melinta Therapeutics

Series D in 2009
Melinta Therapeutics, Inc. is a commercial-stage pharmaceutical company based in Morristown, New Jersey, specializing in the discovery, development, and commercialization of antibiotics aimed at treating bacterial infections. The company offers several products, including Baxdela, Vabomere, Orbactiv, and Minocin, which target acute bacterial skin infections and gram-negative pathogens. Melinta's mission is to address the urgent need for effective antibiotics to combat drug-resistant infections, a significant public health challenge. The company is actively advancing its late-stage investigational antibiotic, delafloxacin, currently in Phase 3 development for acute bacterial skin and skin structure infections. Additionally, Melinta is engaged in research aimed at developing new antibiotics to tackle resistant pathogens associated with serious hospital-acquired infections. Melinta Therapeutics maintains license agreements with several institutions, including Yale University and Wakunaga Pharmaceutical Co., Ltd., and is supported by investors such as Vatera Healthcare Partners and Warburg Pincus.

Tangoe

Series E in 2006
Tangoe is a telecommunications organization that specializes in software and technology-driven services designed to help global enterprises manage their fixed, mobile, and converged communications assets. The company offers a technology lifecycle management platform that supports telecommunications network cost management, providing solutions for expense management, procurement, logistics, activation, usage management, enterprise mobility, and financial management. Tangoe's services enable Global 2000 organizations and government agencies to optimize their communications processes, driving improvements in both cost efficiency and operational effectiveness. With offices located in Orange, CT; Austin, TX; Hoboken, NJ; and Waltham, MA, Tangoe is committed to supporting clients in their digital transformation initiatives.

MX Logic

Series F in 2006
MX Logic, Inc. is a provider of managed email and web security services, operating both in the United States and internationally. Founded in 2002 and headquartered in Englewood, Colorado, the company specializes in Email Defense Solutions that safeguard against email-borne threats while ensuring compliance with regulations through features such as email storage, retrieval, and surveillance. Additionally, MX Logic offers Message Archiving services for businesses to monitor and store email communications in line with electronic security requirements. Its Web Defense Service is designed to block threats from the internet, including spyware, viruses, and phishing attacks. The company caters to a diverse clientele, including public companies and organizations in the healthcare, financial services, law, and insurance sectors.

Melinta Therapeutics

Series C in 2006
Melinta Therapeutics, Inc. is a commercial-stage pharmaceutical company based in Morristown, New Jersey, specializing in the discovery, development, and commercialization of antibiotics aimed at treating bacterial infections. The company offers several products, including Baxdela, Vabomere, Orbactiv, and Minocin, which target acute bacterial skin infections and gram-negative pathogens. Melinta's mission is to address the urgent need for effective antibiotics to combat drug-resistant infections, a significant public health challenge. The company is actively advancing its late-stage investigational antibiotic, delafloxacin, currently in Phase 3 development for acute bacterial skin and skin structure infections. Additionally, Melinta is engaged in research aimed at developing new antibiotics to tackle resistant pathogens associated with serious hospital-acquired infections. Melinta Therapeutics maintains license agreements with several institutions, including Yale University and Wakunaga Pharmaceutical Co., Ltd., and is supported by investors such as Vatera Healthcare Partners and Warburg Pincus.

Tangoe

Series D in 2006
Tangoe is a telecommunications organization that specializes in software and technology-driven services designed to help global enterprises manage their fixed, mobile, and converged communications assets. The company offers a technology lifecycle management platform that supports telecommunications network cost management, providing solutions for expense management, procurement, logistics, activation, usage management, enterprise mobility, and financial management. Tangoe's services enable Global 2000 organizations and government agencies to optimize their communications processes, driving improvements in both cost efficiency and operational effectiveness. With offices located in Orange, CT; Austin, TX; Hoboken, NJ; and Waltham, MA, Tangoe is committed to supporting clients in their digital transformation initiatives.

Airwide Solutions

Series D in 2006
Airwide Solutions is a global leader in mobile infrastructure software, specializing in enhancing and ensuring mobile communications for over 70 wireless operators worldwide. Founded in 2004 through the merger of Schlumberger Messaging Solutions and Taral Networks, the company has a history of innovation that includes sending the first commercial SMS in 1992 and deploying the first A2P MMS push gateway in 2004. With regional offices in countries such as England, Canada, India, Australia, Singapore, and the United States, Airwide Solutions continues to play a crucial role in the mobile communications industry.

SilverStorm Technologies

Series B in 2006
SilverStorm Technologies provides networking and clustered interconnect solutions for high performance business computing markets. It designs and manufactures an InfiniBand based set of solutions for the performance and I/O requirements of data center environments that utilize clustered topologies. The company markets its products through direct sales, and channel and technology partners globally. SilverStorm Technologies, Inc. was founded as InfiniCon Systems, Inc. in 2000 and changed its name to SilverStorm Technologies, Inc. in 2005. The company is headquartered in King of Prussia, Pennsylvania. As of November 01, 2006, SilverStorm Technologies, Inc. operates as a subsidiary of QLogic Corp.

Small Bone Innovations

Series B in 2005
Small Bone Innovations (SBi) specializes in the development and manufacturing of medical devices aimed at small bones and joints, with a particular emphasis on trauma and arthroplasty. The company provides a range of implants designed for various anatomical areas, including the thumb, hand, wrist, elbow, foot, and ankle. Its product offerings include implants specifically designed to treat basal joint arthritis and those intended for replacing anatomic joint surfaces. SBi's innovations focus on preserving bone structure and minimizing disruption to collateral ligament origins and insertions, as well as soft skeletal implants, thereby enhancing surgical outcomes for patients with joint-related conditions.

Alphion

Series B in 2005
Alphion Corporation specializes in providing broadband solutions for businesses and communities, focusing on the development, manufacturing, and marketing of optical fiber-to-the-premises (FTTP) access systems, subsystems, and integrated photonic devices. The company offers a comprehensive range of passive optical network products designed for the rapidly growing FTTx market, catering to various deployment scenarios including national service providers, local telecom operators, multiple-system operators, and educational institutions. Alphion's GPON products are versatile, suitable for diverse environments from luxury developments to remote villages, ensuring reliable and affordable broadband access technologies for network operators and small to medium-sized enterprises. Founded in 2000, Alphion is headquartered in Princeton Junction, New Jersey.

Airwide Solutions

Series C in 2004
Airwide Solutions is a global leader in mobile infrastructure software, specializing in enhancing and ensuring mobile communications for over 70 wireless operators worldwide. Founded in 2004 through the merger of Schlumberger Messaging Solutions and Taral Networks, the company has a history of innovation that includes sending the first commercial SMS in 1992 and deploying the first A2P MMS push gateway in 2004. With regional offices in countries such as England, Canada, India, Australia, Singapore, and the United States, Airwide Solutions continues to play a crucial role in the mobile communications industry.

CipherOptics

Series C in 2004
CipherOptics, Inc. provides data security and network encryption, and compliance grade data protection solutions to security enterprises, financial institutions, health care, and government agencies. The company offers CipherEngine, which delivers network-wide encryption to customers by providing an approach to security policy and encryption key management; CipherView, which is a security gateway management application that provides security administrators with a device management tool; SoftRemoteLT, which offers features to remote access users connecting to the corporate VPN; and CipherEngine Enforcement Point family of encryptors that are encryption appliances designed for the carrier Ethernet and MPLS markets. The company also offers MPLS security, metro Ethernet security, disaster recovery and data replication security, and network application security services. The company has strategic partnerships with EMC Corporation, IBM, Intel, and Raza Microelectronics, Inc. CipherOptics, Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.

Motia

Series C in 2004
Motia is a fabless semiconductor company focused on enabling smart antennas with RFICs. The Company's standards-compliant adaptive beamforming technologies easily integrate into wireless systems providers' products to enhance overall functionality and performance.

Aspreva Pharmaceuticals

Series A in 2004
Aspreva Pharmaceuticals Corp, based in Victoria, British Columbia, is a pharmaceutical company dedicated to identifying and developing new indications for existing drugs aimed at underserved patient populations. The company employs a strategy known as "indication partnering," collaborating with other pharmaceutical and biopharmaceutical firms to explore new therapeutic approvals that align with its expertise. Aspreva focuses on complex diseases and specialized patient groups, utilizing a proprietary screening program to identify late-stage and approved medications that may offer significant therapeutic benefits for uncommon conditions. Through partnerships, Aspreva acquires rights to develop these drugs, encompassing clinical research, regulatory approvals, and specialized commercialization efforts tailored to these intricate therapeutic areas.

CipherOptics

Series B in 2003
CipherOptics, Inc. provides data security and network encryption, and compliance grade data protection solutions to security enterprises, financial institutions, health care, and government agencies. The company offers CipherEngine, which delivers network-wide encryption to customers by providing an approach to security policy and encryption key management; CipherView, which is a security gateway management application that provides security administrators with a device management tool; SoftRemoteLT, which offers features to remote access users connecting to the corporate VPN; and CipherEngine Enforcement Point family of encryptors that are encryption appliances designed for the carrier Ethernet and MPLS markets. The company also offers MPLS security, metro Ethernet security, disaster recovery and data replication security, and network application security services. The company has strategic partnerships with EMC Corporation, IBM, Intel, and Raza Microelectronics, Inc. CipherOptics, Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.

SPS Commerce

Series B in 2003
SPS Commerce, Inc. is a provider of cloud-based supply chain management solutions, catering to retailers, suppliers, grocers, distributors, and logistics firms globally. The company's platform enhances order management and fulfillment, sell-through performance, and item sourcing. Key offerings include the Trading Partner Community solution, which facilitates onboarding new vendors and managing supply chain changes, and the Trading Partner Fulfillment solution that automates fulfillment processes. Additionally, SPS Commerce provides the Trading Partner Assortment solution for managing item attributes, as well as analytics applications that improve supply chain visibility. The company also offers sourcing solutions to connect retailers with suppliers and other trading partners. Other services include barcode labeling and packaging applications that streamline operations. SPS Commerce primarily serves small to mid-sized suppliers, retailers, distributors, and third-party logistics providers, utilizing a sales force focused on these segments. Founded in 1987 and headquartered in Minneapolis, Minnesota, SPS Commerce has evolved from its original name, St. Paul Software, Inc., to its current identity in 2001.

ChipWrights

Series C in 2003
ChipWrights, Inc. is a fabless semiconductor company and a leader in innovative digital and visual signal processing for embedded video and audio applications. ChipWrights specializes in developing all-in-one high definition solutions for complex application-specific standard products (ASSPs)—in particular, System-on-a-Chip (SoC) devices—which integrate a complete system on a single chip. ChipWrights’ fully programmable, low cost, low power, and high performance SoCs are ideal for building competitive products in the digital imaging and video markets. Its vector DSP achieves very high parallelism when operating on image data. The instruction set, address indexing schemes, and data access mechanisms are all tuned for image and video processing. Even the system Direct Memory Access engines are designed to move data in two-dimensional patches. ChipWrights’ goal is to provide customers with the best combination of Price, Performance, Power, Peripheral Integration, and Programmability. ChipWrights believes that image processing should be based on programmable solutions rather than fixed function ASICs. As system product life cycles get shorter and product requirements grow more complex, the improved flexibility of a programmable solution provides tremendous benefits to the system designer and manufacturer. The company offers a complete set of development tools, reference boards, and application libraries for its chips. In addition, a network of third party DSP algorithm and application developers is beginning to emerge whom can work together to create innovative and differentiated imaging products around the ChipWrights platform.

Motia

Venture Round in 2002
Motia is a fabless semiconductor company focused on enabling smart antennas with RFICs. The Company's standards-compliant adaptive beamforming technologies easily integrate into wireless systems providers' products to enhance overall functionality and performance.

Paragon Networks International

Venture Round in 2001
Paragon Networks International is an innovative manufacturer of broadband digital integrated access and optical metro internetworking platforms. They are a leading provider of application specific service deployment and wide area network optimization solutions to wireless service providers (WSP) and network service providers (NSP) worldwide. Utilizing either wireline, wireless, or optical transmission facilities, their products provide voice and data service connectivity, performance monitoring, compression, aggregation, layer 3 routing, quality of service (QOS) filtering, and protection switching of both client and operations support systems (OSS) traffic. Their solutions deliver superior network performance and control at substantial cost savings to their clients.

StatementOne

Series B in 2001
In 1993, StatementOne originated to fill a critical need within the financial services industry. Until then, no practical solution existed to provide Financial Institutions and Advisors with a platform for consolidated statements and performance reporting for their clients.

SPS Commerce

Series D in 2001
SPS Commerce, Inc. is a provider of cloud-based supply chain management solutions, catering to retailers, suppliers, grocers, distributors, and logistics firms globally. The company's platform enhances order management and fulfillment, sell-through performance, and item sourcing. Key offerings include the Trading Partner Community solution, which facilitates onboarding new vendors and managing supply chain changes, and the Trading Partner Fulfillment solution that automates fulfillment processes. Additionally, SPS Commerce provides the Trading Partner Assortment solution for managing item attributes, as well as analytics applications that improve supply chain visibility. The company also offers sourcing solutions to connect retailers with suppliers and other trading partners. Other services include barcode labeling and packaging applications that streamline operations. SPS Commerce primarily serves small to mid-sized suppliers, retailers, distributors, and third-party logistics providers, utilizing a sales force focused on these segments. Founded in 1987 and headquartered in Minneapolis, Minnesota, SPS Commerce has evolved from its original name, St. Paul Software, Inc., to its current identity in 2001.

IFILM

Venture Round in 2001
Screen Junkies is an online platform that offers the latest news and content from the entertainment industry. It covers movies, TV shows, pictures, and trailers.

E-Color

Venture Round in 2000
E-Color develops software solutions for color consistency and optimization on the Web. It delivers enhanced images while shopping online, printing digital photos, playing video games, and watching DVD movies. E-Color, Inc. was formerly known as Sonnetech, Ltd.

Content Integrity

Series A in 2000
Content Integrity a startup focused on content change management for business-to-business e-commerce.

Open Solutions

Venture Round in 2000
Open Solutions provides collaborative, enterprise core account processing technology for banks, thrifts and credit unions, along with a full range of surround solutions.

E-Color

Venture Round in 2000
E-Color develops software solutions for color consistency and optimization on the Web. It delivers enhanced images while shopping online, printing digital photos, playing video games, and watching DVD movies. E-Color, Inc. was formerly known as Sonnetech, Ltd.

SPS Commerce

Series C in 2000
SPS Commerce, Inc. is a provider of cloud-based supply chain management solutions, catering to retailers, suppliers, grocers, distributors, and logistics firms globally. The company's platform enhances order management and fulfillment, sell-through performance, and item sourcing. Key offerings include the Trading Partner Community solution, which facilitates onboarding new vendors and managing supply chain changes, and the Trading Partner Fulfillment solution that automates fulfillment processes. Additionally, SPS Commerce provides the Trading Partner Assortment solution for managing item attributes, as well as analytics applications that improve supply chain visibility. The company also offers sourcing solutions to connect retailers with suppliers and other trading partners. Other services include barcode labeling and packaging applications that streamline operations. SPS Commerce primarily serves small to mid-sized suppliers, retailers, distributors, and third-party logistics providers, utilizing a sales force focused on these segments. Founded in 1987 and headquartered in Minneapolis, Minnesota, SPS Commerce has evolved from its original name, St. Paul Software, Inc., to its current identity in 2001.

Evoke Software

Venture Round in 1999
Evoke Software Corporation provides data discovery, profiling, and quality management software. It offers Axio product suite that automates profiling and analysis of corporate information assets to streamline data warehouse, business intelligence, data migrations, conversions, and customer relationship management initiatives. The company, formerly known as DBStar Software, Inc., changed its name to DBStar, Inc. in 1994, and then to Evoke Software Corporation in 1998. Evoke Software Corporation was founded in 1993 and is based in San Francisco, California.
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