Blackstone Accelerates Growth

Blackstone Accelerates Growth (BxG) creates jobs and economic development through entrepreneurship and growth. They work with their partners to create statewide programs with coordinated, focused activities to accelerate companies, connections, and the next generation of Maine entrepreneurs. They operate as part of the Blackstone Charitable Foundation, a $50 million Entrepreneurship Initiative to support innovative programs that drive job creation.

Mike Kirkman

Managing Director

4 past transactions

DNAnexus

Series H in 2022
DNAnexus, Inc. is a provider of cloud-based genome informatics and data management tools aimed at enterprises engaged in genomic medicine. Founded in 2009 and headquartered in Mountain View, California, the company offers a platform that facilitates the analysis of raw sequencing data and integration with clinical and phenotypic data, promoting seamless collaboration among users. Key offerings include MOSAIC Microbiome, a platform for collaborative microbiome research; DNAnexus Apollo, which focuses on clinico-genomic data exploration; and DNAnexus Titan, a comprehensive data analysis solution. Additionally, DNAnexus Portals provide secure online workspaces for cross-disciplinary collaboration. The Clinico-Genomic Data Solution program addresses the need for disease-specific datasets by building networks with healthcare partners to enhance diagnosis and treatment pathways. DNAnexus serves a diverse client base, including biopharmaceutical companies, genome centers, and diagnostic test providers, and has established a strategic alliance with WuXi NextCODE Genomics. The company also maintains additional offices in San Francisco, London, and Prague.

Cloudinary

Secondary Market in 2022
Cloudinary is a company that provides cloud-based solutions for image and video management, as well as digital asset management (DAM). Founded in 2011 and headquartered in Petah Tikva, Israel, with additional offices in the US and UK, Cloudinary empowers brands to deliver engaging visual experiences across various platforms. The company's platform utilizes AI-based technologies to streamline media management workflows, allowing developers to focus on creating optimal digital experiences without the hassle of building and supporting their own media management solutions. Cloudinary serves a wide range of customers, from small startups to large enterprises, including notable brands like Walmart Labs, Under Armour, and Forbes. The company's offerings are available through Amazon Web Services, making it accessible for users worldwide.

Medable

Series D in 2021
Medable, Inc. is a technology company that operates a medical-grade Platform-as-a-Service, designed to facilitate the development of compliant applications and services for the healthcare sector. The platform enables healthcare professionals, hospitals, and medical device manufacturers to create mobile and web applications that support clinical trials while adhering to health privacy regulations. Medable's offerings include solutions for telemedicine, allowing for HIPAA-compliant video consultations and capturing clinical trial outcomes remotely. The platform enhances the efficiency of clinical trials by streamlining design, recruitment, retention, and data quality, thereby improving patient access, experience, and outcomes. Founded in 2015 and headquartered in Palo Alto, California, Medable's solutions are utilized by leading biopharmaceutical companies and clinical research organizations across more than 30 countries and in 26 languages.

Articulate

Series A in 2021
Articulate is a developer of e-learning software and content, specializing in the creation and delivery of online training courses. Founded in 2002 and headquartered in New York, the company serves over 40,000 customers globally, including a significant majority of Fortune 100 companies and many top-ranked U.S. universities. Articulate's platform allows users to design custom, interactive courses that are compatible with various devices, facilitating seamless integration with learning management systems. With a strong emphasis on customer satisfaction, the company has garnered the trust of more than half a million e-learning professionals, establishing a prominent presence in the industry.
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