Benchmark

Benchmark is a San Francisco-based venture capital firm that backs technology startups across seed, early, and growth stages. Founded in 1995, it focuses on mobile, marketplaces, social, infrastructure, and enterprise software, with investments in the United States and internationally, including Europe and Israel. The firm takes a hands-on approach, typically taking board seats and providing strategic and operational guidance to portfolio companies, and often leads or co-leads rounds as a first investor. Benchmark maintains offices in Woodside and San Francisco, California, and has a long track record of successful exits through IPOs and acquisitions, reflecting its focus on building transformational technology companies.

Alex Balkanski

General Partner

Matt Cohler

Partner

Jason Droege

Venture Partner

Bruce Dunlevie

General Partner

Peter Fenton

General Partner

Past deals in GovTech

Chainalysis

Series E in 2021
Chainalysis designs and develops anti-money laundering software for cryptocurrency businesses and financial institutions. Its platform offers REACTOR, an interactive investigation tool that identifies offenders, visualizes data, and shares results; Kryptos, a risk assessment tool for understanding cryptocurrency activity and investment opportunities; and an API that provides transaction-based risk scoring with source and destination of funds. The company also provides activity monitoring reports, due diligence tools, and cyber threat intelligence derived from the deep web to help analysts estimate criminal revenues and identify emerging threats. Additional offerings include real-time API access and web-based investigation software for due diligence and customer verification, as well as tools to identify cyber criminals and attribute cyber threats. Chainalysis serves government agencies, banks, exchanges, insurance firms, and other cryptocurrency businesses. Founded in 2014 and headquartered in New York, it maintains offices in Copenhagen, Tokyo, and Singapore.

Chainalysis

Series C in 2020
Chainalysis designs and develops anti-money laundering software for cryptocurrency businesses and financial institutions. Its platform offers REACTOR, an interactive investigation tool that identifies offenders, visualizes data, and shares results; Kryptos, a risk assessment tool for understanding cryptocurrency activity and investment opportunities; and an API that provides transaction-based risk scoring with source and destination of funds. The company also provides activity monitoring reports, due diligence tools, and cyber threat intelligence derived from the deep web to help analysts estimate criminal revenues and identify emerging threats. Additional offerings include real-time API access and web-based investigation software for due diligence and customer verification, as well as tools to identify cyber criminals and attribute cyber threats. Chainalysis serves government agencies, banks, exchanges, insurance firms, and other cryptocurrency businesses. Founded in 2014 and headquartered in New York, it maintains offices in Copenhagen, Tokyo, and Singapore.

Chainalysis

Series B in 2019
Chainalysis designs and develops anti-money laundering software for cryptocurrency businesses and financial institutions. Its platform offers REACTOR, an interactive investigation tool that identifies offenders, visualizes data, and shares results; Kryptos, a risk assessment tool for understanding cryptocurrency activity and investment opportunities; and an API that provides transaction-based risk scoring with source and destination of funds. The company also provides activity monitoring reports, due diligence tools, and cyber threat intelligence derived from the deep web to help analysts estimate criminal revenues and identify emerging threats. Additional offerings include real-time API access and web-based investigation software for due diligence and customer verification, as well as tools to identify cyber criminals and attribute cyber threats. Chainalysis serves government agencies, banks, exchanges, insurance firms, and other cryptocurrency businesses. Founded in 2014 and headquartered in New York, it maintains offices in Copenhagen, Tokyo, and Singapore.

Confluent

Series D in 2019
Confluent is a data streaming platform company founded in 2014 and headquartered in Mountain View, California. It builds and offers a platform based on Apache Kafka that enables real‑time data integration, stream processing, and analytics for enterprises, government agencies, and the public sector. The company’s product suite includes Confluent Cloud, a fully managed streaming service; Confluent Platform, a self‑managed SaaS offering; Confluent Operator for Kubernetes; KSQL and ksqlDB for continuous SQL queries; and WarpStream for event‑driven architecture. Confluent generates revenue primarily through subscription fees and professional services. It operates globally with offices in the United States, Europe, and Australia.

CTERA

Series D in 2018
CTERA Networks Ltd., established in 2008, specializes in providing a private cloud storage service platform that centrally manages security and governance for organizations. Its core product, the CTERA Enterprise File Services Platform, enables IT departments to deliver secure file services from any cloud, serving diverse industries such as financial services, healthcare, and government. The platform modernizes storage, backup, and file collaboration across dispersed enterprises, ensuring data protection, GDPR compliance, and swift ransomware recovery. CTERA partners with tech giants like IBM, AWS, and Cisco, and has a global presence with offices in multiple countries.

Chainalysis

Series A in 2018
Chainalysis designs and develops anti-money laundering software for cryptocurrency businesses and financial institutions. Its platform offers REACTOR, an interactive investigation tool that identifies offenders, visualizes data, and shares results; Kryptos, a risk assessment tool for understanding cryptocurrency activity and investment opportunities; and an API that provides transaction-based risk scoring with source and destination of funds. The company also provides activity monitoring reports, due diligence tools, and cyber threat intelligence derived from the deep web to help analysts estimate criminal revenues and identify emerging threats. Additional offerings include real-time API access and web-based investigation software for due diligence and customer verification, as well as tools to identify cyber criminals and attribute cyber threats. Chainalysis serves government agencies, banks, exchanges, insurance firms, and other cryptocurrency businesses. Founded in 2014 and headquartered in New York, it maintains offices in Copenhagen, Tokyo, and Singapore.

Confluent

Series C in 2017
Confluent is a data streaming platform company founded in 2014 and headquartered in Mountain View, California. It builds and offers a platform based on Apache Kafka that enables real‑time data integration, stream processing, and analytics for enterprises, government agencies, and the public sector. The company’s product suite includes Confluent Cloud, a fully managed streaming service; Confluent Platform, a self‑managed SaaS offering; Confluent Operator for Kubernetes; KSQL and ksqlDB for continuous SQL queries; and WarpStream for event‑driven architecture. Confluent generates revenue primarily through subscription fees and professional services. It operates globally with offices in the United States, Europe, and Australia.

Confluent

Series B in 2015
Confluent is a data streaming platform company founded in 2014 and headquartered in Mountain View, California. It builds and offers a platform based on Apache Kafka that enables real‑time data integration, stream processing, and analytics for enterprises, government agencies, and the public sector. The company’s product suite includes Confluent Cloud, a fully managed streaming service; Confluent Platform, a self‑managed SaaS offering; Confluent Operator for Kubernetes; KSQL and ksqlDB for continuous SQL queries; and WarpStream for event‑driven architecture. Confluent generates revenue primarily through subscription fees and professional services. It operates globally with offices in the United States, Europe, and Australia.

Duo Security

Series C in 2015
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.

Confluent

Series A in 2014
Confluent is a data streaming platform company founded in 2014 and headquartered in Mountain View, California. It builds and offers a platform based on Apache Kafka that enables real‑time data integration, stream processing, and analytics for enterprises, government agencies, and the public sector. The company’s product suite includes Confluent Cloud, a fully managed streaming service; Confluent Platform, a self‑managed SaaS offering; Confluent Operator for Kubernetes; KSQL and ksqlDB for continuous SQL queries; and WarpStream for event‑driven architecture. Confluent generates revenue primarily through subscription fees and professional services. It operates globally with offices in the United States, Europe, and Australia.

Duo Security

Series B in 2014
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.

CTERA

Series C in 2014
CTERA Networks Ltd., established in 2008, specializes in providing a private cloud storage service platform that centrally manages security and governance for organizations. Its core product, the CTERA Enterprise File Services Platform, enables IT departments to deliver secure file services from any cloud, serving diverse industries such as financial services, healthcare, and government. The platform modernizes storage, backup, and file collaboration across dispersed enterprises, ensuring data protection, GDPR compliance, and swift ransomware recovery. CTERA partners with tech giants like IBM, AWS, and Cisco, and has a global presence with offices in multiple countries.

CTERA

Series B in 2012
CTERA Networks Ltd., established in 2008, specializes in providing a private cloud storage service platform that centrally manages security and governance for organizations. Its core product, the CTERA Enterprise File Services Platform, enables IT departments to deliver secure file services from any cloud, serving diverse industries such as financial services, healthcare, and government. The platform modernizes storage, backup, and file collaboration across dispersed enterprises, ensuring data protection, GDPR compliance, and swift ransomware recovery. CTERA partners with tech giants like IBM, AWS, and Cisco, and has a global presence with offices in multiple countries.

Skybox Security

Debt Financing in 2011
Skybox Security, Inc. specializes in cybersecurity management solutions tailored for enterprises. The company offers a comprehensive Security Posture Management Platform that enhances visibility, analytics, and automation across corporate networks and cloud environments. Its key products include Skybox Horizon, which provides insight into the attack surface; Skybox Vulnerability Control, which focuses on context-aware vulnerability management; and Skybox Threat Manager, which offers threat intelligence analysis and response services. Additionally, Skybox Firewall Assurance ensures firewall security and compliance, while Skybox Change Manager streamlines the firewall change management process. The company serves a diverse range of industries, including financial services, government, energy, technology, telecommunications, and healthcare. Founded in 2002 and headquartered in San Jose, California, Skybox Security also maintains offices in various regions, including Europe, Asia-Pacific, and South Africa.

Skybox Security

Series D in 2009
Skybox Security, Inc. specializes in cybersecurity management solutions tailored for enterprises. The company offers a comprehensive Security Posture Management Platform that enhances visibility, analytics, and automation across corporate networks and cloud environments. Its key products include Skybox Horizon, which provides insight into the attack surface; Skybox Vulnerability Control, which focuses on context-aware vulnerability management; and Skybox Threat Manager, which offers threat intelligence analysis and response services. Additionally, Skybox Firewall Assurance ensures firewall security and compliance, while Skybox Change Manager streamlines the firewall change management process. The company serves a diverse range of industries, including financial services, government, energy, technology, telecommunications, and healthcare. Founded in 2002 and headquartered in San Jose, California, Skybox Security also maintains offices in various regions, including Europe, Asia-Pacific, and South Africa.

CourtTrax

Seed Round in 2009
CourtTrax Corporation is a provider of electronic court documents and official records across various levels of the judicial system in the United States. Founded in 2002 and based in Bellevue, Washington, the company offers services that include comprehensive access to civil and criminal records from federal, state, county, and municipal courts. Its platform features tools such as CourtTrax Search, which allows immediate access to court information, and CourtTrax Express, which facilitates statewide criminal record checks. Additionally, CourtTrax provides name searching, alerts, case number searching, and court document retrieval services. The company also supports its clients with data integration solutions, bulk data feeds, and technical assistance tailored for the legal, insurance, and property title sectors. Through its digital platform, CourtTrax enables legal professionals to efficiently access vital court information, thereby enhancing their operational capabilities.

CTERA

Series A in 2009
CTERA Networks Ltd., established in 2008, specializes in providing a private cloud storage service platform that centrally manages security and governance for organizations. Its core product, the CTERA Enterprise File Services Platform, enables IT departments to deliver secure file services from any cloud, serving diverse industries such as financial services, healthcare, and government. The platform modernizes storage, backup, and file collaboration across dispersed enterprises, ensuring data protection, GDPR compliance, and swift ransomware recovery. CTERA partners with tech giants like IBM, AWS, and Cisco, and has a global presence with offices in multiple countries.

Mu Dynamics

Series C in 2008
Mu Dynamics is a provider of proactive service assurance solutions aimed at network operators, product suppliers, government agencies, and network vendors. The company focuses on enhancing the quality, reliability, and robustness of networks, enabling operators to minimize downtime and maintain revenue-critical next-generation IP services. Its flagship offering, the Service Analyzer, serves as a comprehensive platform that identifies vulnerabilities within IP-based applications and networks. This tool generates actionable remediation information to address identified weaknesses and verifies the effectiveness of implemented fixes through an integrated regression database. By addressing issues proactively, Mu Dynamics helps clients reduce customer churn and avoid the costs associated with service interruptions.

Digital Fuel

Series E in 2007
Digital Fuel is a prominent provider of Business Service Management (BSM) software solutions, specializing in service level agreement (SLA) management, service catalogs, and service financial management. Its flagship product, ServiceFlow, effectively manages substantial IT and business service expenditures for a diverse clientele, including major corporations and government entities such as British Telecom, Dell, and General Electric. By offering tools that help organizations optimize their IT spending, Digital Fuel plays a critical role in enhancing the efficiency and transparency of service delivery across various sectors.

Mu Dynamics

Series B in 2006
Mu Dynamics is a provider of proactive service assurance solutions aimed at network operators, product suppliers, government agencies, and network vendors. The company focuses on enhancing the quality, reliability, and robustness of networks, enabling operators to minimize downtime and maintain revenue-critical next-generation IP services. Its flagship offering, the Service Analyzer, serves as a comprehensive platform that identifies vulnerabilities within IP-based applications and networks. This tool generates actionable remediation information to address identified weaknesses and verifies the effectiveness of implemented fixes through an integrated regression database. By addressing issues proactively, Mu Dynamics helps clients reduce customer churn and avoid the costs associated with service interruptions.

Securify

Series D in 2006
Securify, Inc. is a security monitoring and internal control solutions provider headquartered in Santa Clara, California, with additional offices in Herndon, Virginia, and New York, New York. Founded in 1998, the company specializes in identity-based and application-aware solutions that monitor and verify network access and user behavior. Securify's products include monitoring appliances designed to enhance visibility and address gaps in planning, audit discovery, identity and access management, and insider risk mitigation. The company primarily serves financial institutions, federal agencies, and the Department of Defense. Securify was formerly known as Veriguard, Inc. and became a subsidiary of Secure Computing Corp. in 2008.

Zimbra

Series C in 2006
Zimbra is a developer of open-source email and collaboration software, catering to service providers, enterprises, and government organizations. Founded in 2003 and headquartered in Frisco, Texas, with additional offices in San Mateo, London, Tokyo, Singapore, and Pune, Zimbra offers solutions designed to enhance communication and data management. Its flagship product, Zimbra Collaboration Server, addresses the challenges posed by outdated communication infrastructures, providing integrated email, calendar, and collaboration capabilities. Additionally, Zimbra Desktop allows users to consolidate information from various accounts, including Zimbra, Yahoo Mail, Gmail, and Hotmail. By focusing on secure and private data management, Zimbra helps organizations effectively organize and control their communications and information.

Skybox Security

Series D in 2006
Skybox Security, Inc. specializes in cybersecurity management solutions tailored for enterprises. The company offers a comprehensive Security Posture Management Platform that enhances visibility, analytics, and automation across corporate networks and cloud environments. Its key products include Skybox Horizon, which provides insight into the attack surface; Skybox Vulnerability Control, which focuses on context-aware vulnerability management; and Skybox Threat Manager, which offers threat intelligence analysis and response services. Additionally, Skybox Firewall Assurance ensures firewall security and compliance, while Skybox Change Manager streamlines the firewall change management process. The company serves a diverse range of industries, including financial services, government, energy, technology, telecommunications, and healthcare. Founded in 2002 and headquartered in San Jose, California, Skybox Security also maintains offices in various regions, including Europe, Asia-Pacific, and South Africa.

Digital Fuel

Venture Round in 2005
Digital Fuel is a prominent provider of Business Service Management (BSM) software solutions, specializing in service level agreement (SLA) management, service catalogs, and service financial management. Its flagship product, ServiceFlow, effectively manages substantial IT and business service expenditures for a diverse clientele, including major corporations and government entities such as British Telecom, Dell, and General Electric. By offering tools that help organizations optimize their IT spending, Digital Fuel plays a critical role in enhancing the efficiency and transparency of service delivery across various sectors.

Mu Dynamics

Series A in 2005
Mu Dynamics is a provider of proactive service assurance solutions aimed at network operators, product suppliers, government agencies, and network vendors. The company focuses on enhancing the quality, reliability, and robustness of networks, enabling operators to minimize downtime and maintain revenue-critical next-generation IP services. Its flagship offering, the Service Analyzer, serves as a comprehensive platform that identifies vulnerabilities within IP-based applications and networks. This tool generates actionable remediation information to address identified weaknesses and verifies the effectiveness of implemented fixes through an integrated regression database. By addressing issues proactively, Mu Dynamics helps clients reduce customer churn and avoid the costs associated with service interruptions.

Skybox Security

Series C in 2004
Skybox Security, Inc. specializes in cybersecurity management solutions tailored for enterprises. The company offers a comprehensive Security Posture Management Platform that enhances visibility, analytics, and automation across corporate networks and cloud environments. Its key products include Skybox Horizon, which provides insight into the attack surface; Skybox Vulnerability Control, which focuses on context-aware vulnerability management; and Skybox Threat Manager, which offers threat intelligence analysis and response services. Additionally, Skybox Firewall Assurance ensures firewall security and compliance, while Skybox Change Manager streamlines the firewall change management process. The company serves a diverse range of industries, including financial services, government, energy, technology, telecommunications, and healthcare. Founded in 2002 and headquartered in San Jose, California, Skybox Security also maintains offices in various regions, including Europe, Asia-Pacific, and South Africa.

Skybox Security

Series B in 2004
Skybox Security, Inc. specializes in cybersecurity management solutions tailored for enterprises. The company offers a comprehensive Security Posture Management Platform that enhances visibility, analytics, and automation across corporate networks and cloud environments. Its key products include Skybox Horizon, which provides insight into the attack surface; Skybox Vulnerability Control, which focuses on context-aware vulnerability management; and Skybox Threat Manager, which offers threat intelligence analysis and response services. Additionally, Skybox Firewall Assurance ensures firewall security and compliance, while Skybox Change Manager streamlines the firewall change management process. The company serves a diverse range of industries, including financial services, government, energy, technology, telecommunications, and healthcare. Founded in 2002 and headquartered in San Jose, California, Skybox Security also maintains offices in various regions, including Europe, Asia-Pacific, and South Africa.

Tropos Networks

Series D in 2004
Tropos Networks is a provider of technology and products designed to create reliable and scalable wireless broadband networks, particularly for metro-scale applications. The company specializes in building extensive Wi-Fi networks that enable network operators, service providers, and government entities to deliver widespread wireless data coverage. Tropos' solutions eliminate the need for wired connections typically required by traditional Wi-Fi hotspots, resulting in larger coverage areas and reduced installation and operational costs. Their offerings include the MetroMesh OS, which features advanced capabilities such as predictive wireless routing, adaptive mesh connectivity, and self-organizing mesh routing intelligence. This technology is particularly suited for smart grid applications and other outdoor industrial uses, facilitating efficient and secure wireless communication in diverse environments.

Securify

Series C in 2004
Securify, Inc. is a security monitoring and internal control solutions provider headquartered in Santa Clara, California, with additional offices in Herndon, Virginia, and New York, New York. Founded in 1998, the company specializes in identity-based and application-aware solutions that monitor and verify network access and user behavior. Securify's products include monitoring appliances designed to enhance visibility and address gaps in planning, audit discovery, identity and access management, and insider risk mitigation. The company primarily serves financial institutions, federal agencies, and the Department of Defense. Securify was formerly known as Veriguard, Inc. and became a subsidiary of Secure Computing Corp. in 2008.

Digital Fuel

Series C in 2003
Digital Fuel is a prominent provider of Business Service Management (BSM) software solutions, specializing in service level agreement (SLA) management, service catalogs, and service financial management. Its flagship product, ServiceFlow, effectively manages substantial IT and business service expenditures for a diverse clientele, including major corporations and government entities such as British Telecom, Dell, and General Electric. By offering tools that help organizations optimize their IT spending, Digital Fuel plays a critical role in enhancing the efficiency and transparency of service delivery across various sectors.

Decru

Series B in 2003
Decru, Inc. specializes in providing storage security solutions tailored for enterprises and government organizations. Founded in 2001 and headquartered in Redwood City, California, the company addresses critical business needs such as privacy, regulatory compliance, intellectual property protection, and internal controls. Its flagship product, the DataFort storage security appliance, enhances networked storage environments by safeguarding data against both internal and external threats. Decru's offerings also include a software recovery tool compatible with UNIX and Windows systems, facilitating various applications like storage consolidation, backup and disaster recovery, secure access controls, secure data hosting, secure email restores, and database security. The company serves a diverse clientele across multiple sectors, including financial services, healthcare, telecommunications, media, semiconductors, aerospace, manufacturing, and government. As of 2005, Decru operates as a subsidiary of NetApp, Inc.

Tropos Networks

Series C in 2003
Tropos Networks is a provider of technology and products designed to create reliable and scalable wireless broadband networks, particularly for metro-scale applications. The company specializes in building extensive Wi-Fi networks that enable network operators, service providers, and government entities to deliver widespread wireless data coverage. Tropos' solutions eliminate the need for wired connections typically required by traditional Wi-Fi hotspots, resulting in larger coverage areas and reduced installation and operational costs. Their offerings include the MetroMesh OS, which features advanced capabilities such as predictive wireless routing, adaptive mesh connectivity, and self-organizing mesh routing intelligence. This technology is particularly suited for smart grid applications and other outdoor industrial uses, facilitating efficient and secure wireless communication in diverse environments.

Decru

Series B in 2002
Decru, Inc. specializes in providing storage security solutions tailored for enterprises and government organizations. Founded in 2001 and headquartered in Redwood City, California, the company addresses critical business needs such as privacy, regulatory compliance, intellectual property protection, and internal controls. Its flagship product, the DataFort storage security appliance, enhances networked storage environments by safeguarding data against both internal and external threats. Decru's offerings also include a software recovery tool compatible with UNIX and Windows systems, facilitating various applications like storage consolidation, backup and disaster recovery, secure access controls, secure data hosting, secure email restores, and database security. The company serves a diverse clientele across multiple sectors, including financial services, healthcare, telecommunications, media, semiconductors, aerospace, manufacturing, and government. As of 2005, Decru operates as a subsidiary of NetApp, Inc.

Securify

Series B in 2002
Securify, Inc. is a security monitoring and internal control solutions provider headquartered in Santa Clara, California, with additional offices in Herndon, Virginia, and New York, New York. Founded in 1998, the company specializes in identity-based and application-aware solutions that monitor and verify network access and user behavior. Securify's products include monitoring appliances designed to enhance visibility and address gaps in planning, audit discovery, identity and access management, and insider risk mitigation. The company primarily serves financial institutions, federal agencies, and the Department of Defense. Securify was formerly known as Veriguard, Inc. and became a subsidiary of Secure Computing Corp. in 2008.

Skybox Security

Seed Round in 2002
Skybox Security, Inc. specializes in cybersecurity management solutions tailored for enterprises. The company offers a comprehensive Security Posture Management Platform that enhances visibility, analytics, and automation across corporate networks and cloud environments. Its key products include Skybox Horizon, which provides insight into the attack surface; Skybox Vulnerability Control, which focuses on context-aware vulnerability management; and Skybox Threat Manager, which offers threat intelligence analysis and response services. Additionally, Skybox Firewall Assurance ensures firewall security and compliance, while Skybox Change Manager streamlines the firewall change management process. The company serves a diverse range of industries, including financial services, government, energy, technology, telecommunications, and healthcare. Founded in 2002 and headquartered in San Jose, California, Skybox Security also maintains offices in various regions, including Europe, Asia-Pacific, and South Africa.

Tropos Networks

Series B in 2002
Tropos Networks is a provider of technology and products designed to create reliable and scalable wireless broadband networks, particularly for metro-scale applications. The company specializes in building extensive Wi-Fi networks that enable network operators, service providers, and government entities to deliver widespread wireless data coverage. Tropos' solutions eliminate the need for wired connections typically required by traditional Wi-Fi hotspots, resulting in larger coverage areas and reduced installation and operational costs. Their offerings include the MetroMesh OS, which features advanced capabilities such as predictive wireless routing, adaptive mesh connectivity, and self-organizing mesh routing intelligence. This technology is particularly suited for smart grid applications and other outdoor industrial uses, facilitating efficient and secure wireless communication in diverse environments.

Privia

Series B in 2001
Privia LLC is a software development company based in Herndon, Virginia, specializing in proposal management and bid capture solutions. Founded in 2001, Privia offers the Privia Suite, which includes integrated document management, workflow processes, and productivity tools designed to streamline the proposal process for organizations bidding on various contracts. The company’s offerings include Privia Enterprise, aimed at enhancing market share in government contracting, and Privia Small Business, which assists clients in managing opportunities and customizing proposal processes. Additionally, Privia provides the Resume Manager to organize and maintain team resume data. The company also offers professional services such as proposal management support, training, and administrative assistance. With strategic partnerships with various organizations, Privia aims to facilitate secure collaboration among bidding teams, ultimately improving win rates and reducing costs. Privia operates as a subsidiary of SpringCM Inc.

Opsware

Series B in 2000
Opsware, Inc. is a software company located in Sunnyvale, California, specializing in data center automation products aimed at enterprise customers, government agencies, and service providers across various industries. Originally founded as Loudcloud in 1999, the company transitioned to Opsware after divesting its managed services division in 2002. Opsware's offerings focus on server and network device provisioning, configuration, and management, leveraging automated server life-cycle management technology developed in-house. The company expanded its capabilities through strategic acquisitions, including Tangram Enterprise Solutions in 2003 for asset management, Rendition Networks in 2004 for network device configuration, CreekPath in 2006 for storage provisioning, and iConclude in 2007 for run-book automation. In July 2007, HP announced its intention to acquire Opsware for $1.6 billion, marking one of its largest acquisitions.

Opsware

Series A in 1999
Opsware, Inc. is a software company located in Sunnyvale, California, specializing in data center automation products aimed at enterprise customers, government agencies, and service providers across various industries. Originally founded as Loudcloud in 1999, the company transitioned to Opsware after divesting its managed services division in 2002. Opsware's offerings focus on server and network device provisioning, configuration, and management, leveraging automated server life-cycle management technology developed in-house. The company expanded its capabilities through strategic acquisitions, including Tangram Enterprise Solutions in 2003 for asset management, Rendition Networks in 2004 for network device configuration, CreekPath in 2006 for storage provisioning, and iConclude in 2007 for run-book automation. In July 2007, HP announced its intention to acquire Opsware for $1.6 billion, marking one of its largest acquisitions.
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