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 cloud-based provider of genome informatics and data management tools, primarily serving enterprises and organizations involved 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 the integration of genomic data with clinical information. Its suite of products includes MOSAIC Microbiome for collaborative research on the human microbiome, DNAnexus Apollo for clinico-genomic data exploration, and DNAnexus Titan for data analysis. Additionally, the DNAnexus Portals provide secure online workspaces for cross-disciplinary collaboration, while the Clinico-Genomic Data Solution addresses the need for disease-specific datasets through partnerships with healthcare providers. The company has established itself as a key player in the biopharmaceutical, diagnostic, and academic research sectors, enabling clients to tackle complex challenges in human health with enhanced security and scalability. DNAnexus also maintains a strategic alliance with WuXi NextCODE Genomics and has locations 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 leading developer of e-learning software and content, specializing in online training solutions. Founded in 2002 by Adam Schwartz and headquartered in New York, the company offers a platform that enables users to create custom, interactive courses accessible on various devices without requiring manual adjustments. With a customer base exceeding 40,000 organizations, including 93 percent of Fortune 100 companies and 19 of the top 20 U.S. universities, Articulate serves a diverse range of industries. The company's strong focus on customer needs has fostered a robust community of over half a million e-learning professionals, making it a trusted name in the industry.
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