Coral Group
Coral Group is a private equity and venture capital firm founded in 1990 and headquartered in Minneapolis, Minnesota, with additional offices in Denver, San Bruno, San Francisco, Israel, and Atlanta. The firm specializes in both direct investments and fund of funds, focusing on seed, early, mid, and late-stage ventures, as well as growth capital investments. Coral Group primarily targets sectors such as telecommunications, software services, media, and distribution. It typically invests between $1 million and $20 million per company and often takes a board position in its portfolio companies. Over the years, Coral Group has evolved by integrating strategic projects and industry platforms into its offerings, enhancing its ability to address challenges across entire industries while leveraging a strong professional network. The firm invests globally, with a focus on markets in the United States, Israel, Europe, Asia, and Latin America.
SugarSync
Venture Round in 2013
SugarSync, Inc. is a cloud-based platform that facilitates the backup, access, synchronization, and sharing of documents, photos, music, and videos across various devices, including computers and mobile devices. Founded in 2004 and headquartered in San Mateo, California, SugarSync caters to busy professionals and digitally-connected consumers by offering a robust service that includes data synchronization, file sharing, and online backup solutions. The platform is designed to provide users with seamless access to their files from desktops, laptops, and mobile applications compatible with iOS, Android, and other operating systems. Additionally, SugarSync emphasizes security and protection for user data. As of 2015, SugarSync operates as a subsidiary of j2 Global, Inc.
SugarSync
Series D in 2012
SugarSync, Inc. is a cloud-based platform that facilitates the backup, access, synchronization, and sharing of documents, photos, music, and videos across various devices, including computers and mobile devices. Founded in 2004 and headquartered in San Mateo, California, SugarSync caters to busy professionals and digitally-connected consumers by offering a robust service that includes data synchronization, file sharing, and online backup solutions. The platform is designed to provide users with seamless access to their files from desktops, laptops, and mobile applications compatible with iOS, Android, and other operating systems. Additionally, SugarSync emphasizes security and protection for user data. As of 2015, SugarSync operates as a subsidiary of j2 Global, Inc.
PlayPhone
Private Equity Round in 2012
PlayPhone Inc. is a mobile social game store operator that provides a platform for gamers to discover, download, play, and share games with friends. Founded in 2003 and headquartered in Sunnyvale, California, the company has established a presence in over 25 countries across North America, Europe, Asia, and Latin America. PlayPhone offers mspo, a free-to-play mobile entertainment platform, along with loot, which grants access to a variety of games. The company also supplies developers with software development kits (SDKs) that facilitate the launch and monetization of games, providing tools for worldwide distribution, player matching, social integration, virtual economy management, and advanced payment solutions such as one-click carrier billing. Through its services, PlayPhone aggregates a global gaming community, enabling seamless access to millions of gamers and offering marketing opportunities for game developers.
Delivery Agent
Series D in 2009
Delivery Agent, Inc. is a company that specializes in transforming audiences into revenue-generating customers for brands and media companies globally. Founded in 2001 and headquartered in San Francisco, it offers innovative solutions such as ShopTV, which enables direct engagement and transactions from advertisements and television shows via web, mobile, and advanced television applications. The company provides a cloud-based shopping platform that facilitates omni-channel commerce and delivers personalized product offers based on viewers' content consumption. Delivery Agent collaborates with various stakeholders, including broadcasters, advertisers, and smart TV manufacturers, to enhance the efficiency and profitability of the advertising ecosystem. Despite its innovative offerings, the company faced financial difficulties, filing for Chapter 11 bankruptcy in 2016, which was later converted to Chapter 7 in 2017.
Entone specializes in hybrid television and media hub solutions, enabling seamless integration of broadcast television with advanced digital video recording and web media services. Founded in 1999 by a team that played a key role in launching one of the first large-scale commercial IPTV services, the company offers a range of MPEG-4 customer premise equipment. This includes a compact single-stream IPTV digital video recorder, an IPTV video gateway for delivering multiple interactive streams, a dual-stream media hub for live HDTV and web services, and a media player for hybrid TV and streaming media. Entone's technology allows service operators to provide comprehensive IP-based video and broadband services utilizing existing in-home wiring, supporting modern connected home experiences.
Red Bend Software
Series E in 2008
Red Bend Software, Inc. is a provider of software and device management services, specializing in solutions for the automotive, mobile, and Internet of Things (IoT) industries. Founded in 1999 and headquartered in Newton, Massachusetts, the company offers a range of services including software update management, device management and analytics, and device virtualization. Red Bend's product portfolio also encompasses connected car software management, cyber security solutions, and firmware updates over-the-air, among others. The company leverages its core Smart Delta and Virtualization technologies through its Redbend 10 management platform, which caters to the needs of automotive original equipment manufacturers (OEMs), Tier 1 suppliers, and device manufacturers. Additionally, Red Bend provides Software-as-a-Service (SaaS), hosted services, integration and customization, as well as professional and consulting services. As a subsidiary of Harman International Industries, Red Bend maintains a global presence with offices in various countries, including the United States, Israel, China, the United Kingdom, Japan, South Korea, Germany, and France.
Fon is a WiFi provider that utilizes a community-driven approach to create a globally connected WiFi network. The company partners with major telecommunication and WiFi providers, including notable firms such as British Telecom, Deutsche Telekom, and Vodafone, to facilitate seamless interconnection between WiFi networks. Fon's services are designed to simplify the management and operation of WiFi for operators and enterprises, ensuring that clients receive carrier-grade WiFi solutions that are secure, scalable, and flexible. This strategic model enables Fon to enhance connectivity for users while supporting its partners in delivering reliable wireless internet services.
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