InnoCal

InnoCal is a venture capital and growth stage investment firm based in Costa Mesa, California, established in 1993. The firm focuses on investing in seed and early-stage companies, as well as later-stage and expansion investments. InnoCal primarily targets sectors such as software, healthcare services, and technology, media, and telecommunications (TMT). Through its strategic investments, InnoCal aims to support the growth and development of innovative companies in these industries.

Daniel Bassett

Partner

Jay Houlihan III

Managing Director

Harry Lambert

Managing Director

31 past transactions

Mojix

Series D in 2015
Mojix was founded in 2004 by some of the world's foremost experts in advanced signal processing technology, perfected for deep space communications. The company's mission is to leverage this technology to create a new generation of game-changing RFID systems that realize the vast potential and expand the utility of RFID throughout supply chains and enterprises. In re-defining RFID, Mojix is enabling organizations to re-invent and derive new levels of value from their supply chain management systems.

SynergEyes

Series C in 2009
SynergEyes, Inc. is a technology-driven company specializing in the manufacture and sale of contact lenses for eye care professionals. Founded in 2001 and based in Carlsbad, California, SynergEyes focuses on hybrid contact lenses that combine the clarity of rigid gas permeable lenses with the comfort of soft lenses. Their product offerings cater to various eye conditions, including astigmatism, presbyopia, myopia, hyperopia, and keratoconus. By utilizing advanced high-Dk materials and vision-optimized designs, SynergEyes aims to enhance vision and quality of life for its patients. The company's products are distributed in the United States and internationally, addressing a recognized need for innovative lens solutions in the eye care industry.

Aktino

Series C in 2008
Positron Access Solutions design, manufactures, and markets networking and broadband management equipment to information technology and telecommunication industries. The company's platform enables broadband connectivity and system networking services. It partners with EMBARQ Logistics. Positron Access Solutions was formerly known as Aktino, Inc. and changed its name after its acquisiton by Positron Inc. The company was founded in 2003 and is headquartered in Irvine, California. As of May 11, 2009, Aktino, Inc. operates as a subsidiary of Positron Inc.

ITM Software

Venture Round in 2007
ITM Software delivers the only truly integrated approach to IT Business Management - one solution and one system of record for comprehensive visibility, coordination and control across IT functions. Serving as the glue connecting the traditional silos of IT information, ITM enables increased transparency, better decisions, more effective spending, and improved business alignment. The company has a single focus on serving the business management needs of IT organizations. Lead by former CIOs and IT leaders, ITM Software brings a unique perspective to the management challenges facing IT today. This experience base, combined with a world-class software development team, translates into products and best-practice expertise that bring a business-centric approach to managing IT. At the core of the ITM offering is the ITM Business Suite, an integrated solution comprised of six components addressing the most critical areas of IT Business Management including people, processes, vendors, assets, financials, projects, and regulatory compliance. Coupled with the ITM Business Suite, the company provides best practice expertise and a proven methodology for helping clients define business objectives and develop and execute on a plan to achieve them. This unique combination of software products and management expertise enables CIOs to drive down IT costs, and increase the bottom line through improved alignment with the business objectives of the enterprise. Founded in 2001 by former CIOs, the Company serves IT organizations within Fortune 2000 corporations, government agencies and universities. ITM Software is privately held and is headquartered in Mountain View, California.

Mojix

Series B in 2007
Mojix was founded in 2004 by some of the world's foremost experts in advanced signal processing technology, perfected for deep space communications. The company's mission is to leverage this technology to create a new generation of game-changing RFID systems that realize the vast potential and expand the utility of RFID throughout supply chains and enterprises. In re-defining RFID, Mojix is enabling organizations to re-invent and derive new levels of value from their supply chain management systems.

Vativ Technologies

Venture Round in 2007
Vativ Technologies, Inc. is a fabless semiconductor company, focused on providing innovative, high-bandwidth, cost-effective, copper interconnect solutions for LAN, WAN, and SAN applications. Incorporating proprietary system architecture and DSP algorithms, Vativ's approach to physical layer interconnect diverges radically from typical analog designs used in devices today. Vativ's novel technology has resulted in several patents filed in both the U.S. and internationally. Their advanced architecture enables increased throughput while providing greater robustness and higher performance margins needed to allow the use of low-cost media interconnects.

Vativ Technologies

Series C in 2006
Vativ Technologies, Inc. is a fabless semiconductor company, focused on providing innovative, high-bandwidth, cost-effective, copper interconnect solutions for LAN, WAN, and SAN applications. Incorporating proprietary system architecture and DSP algorithms, Vativ's approach to physical layer interconnect diverges radically from typical analog designs used in devices today. Vativ's novel technology has resulted in several patents filed in both the U.S. and internationally. Their advanced architecture enables increased throughput while providing greater robustness and higher performance margins needed to allow the use of low-cost media interconnects.

Mojix

Venture Round in 2006
Mojix was founded in 2004 by some of the world's foremost experts in advanced signal processing technology, perfected for deep space communications. The company's mission is to leverage this technology to create a new generation of game-changing RFID systems that realize the vast potential and expand the utility of RFID throughout supply chains and enterprises. In re-defining RFID, Mojix is enabling organizations to re-invent and derive new levels of value from their supply chain management systems.

Mojix

Series A in 2006
Mojix was founded in 2004 by some of the world's foremost experts in advanced signal processing technology, perfected for deep space communications. The company's mission is to leverage this technology to create a new generation of game-changing RFID systems that realize the vast potential and expand the utility of RFID throughout supply chains and enterprises. In re-defining RFID, Mojix is enabling organizations to re-invent and derive new levels of value from their supply chain management systems.

SynergEyes

Series B in 2006
SynergEyes, Inc. is a technology-driven company specializing in the manufacture and sale of contact lenses for eye care professionals. Founded in 2001 and based in Carlsbad, California, SynergEyes focuses on hybrid contact lenses that combine the clarity of rigid gas permeable lenses with the comfort of soft lenses. Their product offerings cater to various eye conditions, including astigmatism, presbyopia, myopia, hyperopia, and keratoconus. By utilizing advanced high-Dk materials and vision-optimized designs, SynergEyes aims to enhance vision and quality of life for its patients. The company's products are distributed in the United States and internationally, addressing a recognized need for innovative lens solutions in the eye care industry.

DispenseSource

Venture Round in 2006
DispenseSource is a company dominated by energy, industry experience and a commitment to building lasting solutions for their customers' supply management challenges. Their technology and team combine to provide solutions that help businesses gain control of their supply spending. They do this by providing information so that their customers can collaborate with their supply chain partners, vendors and distributors. They provide additional value by creating efficiencies in the way customers track and manage supplies in their organization.

MarginPoint

Series E in 2006
MarginPoint Inc. is a provider of cloud-based indirect materials management solutions tailored for the industrial sector. The company offers a comprehensive software platform, MarginPoint 8, which helps industrial organizations streamline their indirect materials processes, thereby reducing costs and enhancing profitability while maintaining operational efficiency. Key products include MarginPoint Storeroom for managing indirect material inventories, MarginPoint Mobile Storeroom for mobile inventory management, and various vendor and customer managed inventory solutions that automate replenishment processes. Additionally, MarginPoint provides vending solutions for automated dispensing of materials and integration toolkits for connecting with enterprise systems. The company serves a diverse range of industries, including construction, manufacturing, and healthcare, and has established a customer base of over 400 industrial companies. Founded in 1999 and based in Lake Forest, California, MarginPoint was previously known as Nexiant Inc. and rebranded in 2013.

Aktino

Series B in 2005
Positron Access Solutions design, manufactures, and markets networking and broadband management equipment to information technology and telecommunication industries. The company's platform enables broadband connectivity and system networking services. It partners with EMBARQ Logistics. Positron Access Solutions was formerly known as Aktino, Inc. and changed its name after its acquisiton by Positron Inc. The company was founded in 2003 and is headquartered in Irvine, California. As of May 11, 2009, Aktino, Inc. operates as a subsidiary of Positron Inc.

Vativ Technologies

Series B in 2005
Vativ Technologies, Inc. is a fabless semiconductor company, focused on providing innovative, high-bandwidth, cost-effective, copper interconnect solutions for LAN, WAN, and SAN applications. Incorporating proprietary system architecture and DSP algorithms, Vativ's approach to physical layer interconnect diverges radically from typical analog designs used in devices today. Vativ's novel technology has resulted in several patents filed in both the U.S. and internationally. Their advanced architecture enables increased throughput while providing greater robustness and higher performance margins needed to allow the use of low-cost media interconnects.

ITM Software

Venture Round in 2005
ITM Software delivers the only truly integrated approach to IT Business Management - one solution and one system of record for comprehensive visibility, coordination and control across IT functions. Serving as the glue connecting the traditional silos of IT information, ITM enables increased transparency, better decisions, more effective spending, and improved business alignment. The company has a single focus on serving the business management needs of IT organizations. Lead by former CIOs and IT leaders, ITM Software brings a unique perspective to the management challenges facing IT today. This experience base, combined with a world-class software development team, translates into products and best-practice expertise that bring a business-centric approach to managing IT. At the core of the ITM offering is the ITM Business Suite, an integrated solution comprised of six components addressing the most critical areas of IT Business Management including people, processes, vendors, assets, financials, projects, and regulatory compliance. Coupled with the ITM Business Suite, the company provides best practice expertise and a proven methodology for helping clients define business objectives and develop and execute on a plan to achieve them. This unique combination of software products and management expertise enables CIOs to drive down IT costs, and increase the bottom line through improved alignment with the business objectives of the enterprise. Founded in 2001 by former CIOs, the Company serves IT organizations within Fortune 2000 corporations, government agencies and universities. ITM Software is privately held and is headquartered in Mountain View, California.

ITM Software

Series B in 2003
ITM Software delivers the only truly integrated approach to IT Business Management - one solution and one system of record for comprehensive visibility, coordination and control across IT functions. Serving as the glue connecting the traditional silos of IT information, ITM enables increased transparency, better decisions, more effective spending, and improved business alignment. The company has a single focus on serving the business management needs of IT organizations. Lead by former CIOs and IT leaders, ITM Software brings a unique perspective to the management challenges facing IT today. This experience base, combined with a world-class software development team, translates into products and best-practice expertise that bring a business-centric approach to managing IT. At the core of the ITM offering is the ITM Business Suite, an integrated solution comprised of six components addressing the most critical areas of IT Business Management including people, processes, vendors, assets, financials, projects, and regulatory compliance. Coupled with the ITM Business Suite, the company provides best practice expertise and a proven methodology for helping clients define business objectives and develop and execute on a plan to achieve them. This unique combination of software products and management expertise enables CIOs to drive down IT costs, and increase the bottom line through improved alignment with the business objectives of the enterprise. Founded in 2001 by former CIOs, the Company serves IT organizations within Fortune 2000 corporations, government agencies and universities. ITM Software is privately held and is headquartered in Mountain View, California.

Confluent Photonics

Series B in 2003
Confluent Photonics Corporation is developing passive and active DWDM optical components for the telecommunications industry based on silicon-on-insulator (SOI) semiconductor fabrication techniques. The use of SOI along with the CMOS fabrication infrastructure developed to process SOI enables cost-effective high volume optical telecom component solutions for the access, metropolitan and long haul telecom markets. The compatibility of Confluent optical designs and manufacturing techniques with CMOS fabrication also provides a pathway for the future integration of optics and electronics on the same telecommunications chip. Current optical telecommunication product technologies and designs result in miniaturized optical lab benches lacking thermal and mechanical robustness. In contrast, Confluent is designing and fabricating Telcordia-compliant optical chip components for the automated manufacture of integrated optical circuits. These components are designed to be insensitive to their environment. Using semiconductor-manufacturing techniques provides built in optical alignment, high volume production and low cost.

Arzoon

Venture Round in 2003
Arzoon, founded in September 1999 by Farid Dibachi, is a provider of integrated logistics and global trade management technology. The company has rapidly expanded, employing over 100 professionals in transportation and technology and securing $34 million in funding from various investors. Arzoon's Transportation Management Trading Network service automates the complete lifecycle of transportation processes, including procurement, execution, tracking, and report generation. This platform enables shippers, carriers, customers, and suppliers to collaborate within a global transportation network. By creating a standardized communication framework for the logistics industry, Arzoon enhances the efficiency, speed, and productivity of transportation trading partners, facilitating smoother interactions across international borders and different IT systems.

DispenseSource

Series B in 2002
DispenseSource is a company dominated by energy, industry experience and a commitment to building lasting solutions for their customers' supply management challenges. Their technology and team combine to provide solutions that help businesses gain control of their supply spending. They do this by providing information so that their customers can collaborate with their supply chain partners, vendors and distributors. They provide additional value by creating efficiencies in the way customers track and manage supplies in their organization.

MarginPoint

Series B in 2002
MarginPoint Inc. is a provider of cloud-based indirect materials management solutions tailored for the industrial sector. The company offers a comprehensive software platform, MarginPoint 8, which helps industrial organizations streamline their indirect materials processes, thereby reducing costs and enhancing profitability while maintaining operational efficiency. Key products include MarginPoint Storeroom for managing indirect material inventories, MarginPoint Mobile Storeroom for mobile inventory management, and various vendor and customer managed inventory solutions that automate replenishment processes. Additionally, MarginPoint provides vending solutions for automated dispensing of materials and integration toolkits for connecting with enterprise systems. The company serves a diverse range of industries, including construction, manufacturing, and healthcare, and has established a customer base of over 400 industrial companies. Founded in 1999 and based in Lake Forest, California, MarginPoint was previously known as Nexiant Inc. and rebranded in 2013.

Accruent

Venture Round in 2001
Accruent is a global software company that helps organizations achieve superior performance by transforming how they manage their physical resources. Its innovative, industry-leading cloud-based software and services enable organizations to optimize all stages of real estate, facilities and asset management, from capital planning through to IoT-based monitoring and control. With a proven track record across two decades, Accruent has created the only integrated SaaS-based framework and reporting platform for full lifecycle physical resource management. More than 7,000 global customers depend on Accruent solutions to drive out hidden costs, extend asset lifecycles, protect their brands, ensure compliance and deliver on the missions of their organization. Headquartered in Austin, Texas, Accruent serves a wide range of industries in 149 countries around the world.

Northstar Photonics

Series B in 2001
Northstar Photonics, Inc. develops, manufactures, and supplies photonic components. The company offers first generation laser and amplifier products for telecommunications optical networks. It offers pumped optical waveguide rare earth (POWRE) technology provides a platform for developing and producing enhanced performance laser, amplifier, and integrated optical component products.

Confluent Photonics

Series A in 2001
Confluent Photonics Corporation is developing passive and active DWDM optical components for the telecommunications industry based on silicon-on-insulator (SOI) semiconductor fabrication techniques. The use of SOI along with the CMOS fabrication infrastructure developed to process SOI enables cost-effective high volume optical telecom component solutions for the access, metropolitan and long haul telecom markets. The compatibility of Confluent optical designs and manufacturing techniques with CMOS fabrication also provides a pathway for the future integration of optics and electronics on the same telecommunications chip. Current optical telecommunication product technologies and designs result in miniaturized optical lab benches lacking thermal and mechanical robustness. In contrast, Confluent is designing and fabricating Telcordia-compliant optical chip components for the automated manufacture of integrated optical circuits. These components are designed to be insensitive to their environment. Using semiconductor-manufacturing techniques provides built in optical alignment, high volume production and low cost.

Archive

Venture Round in 2000
Archive is an application service provider that allows customers to aggregate and replay business-to-business transactions.

Northstar Photonics

Series A in 2000
Northstar Photonics, Inc. develops, manufactures, and supplies photonic components. The company offers first generation laser and amplifier products for telecommunications optical networks. It offers pumped optical waveguide rare earth (POWRE) technology provides a platform for developing and producing enhanced performance laser, amplifier, and integrated optical component products.

IPNet Solutions

Series C in 2000
IPNet Solutions specializes in secure data exchange software, offering innovative Internet EDI technologies designed to facilitate seamless communication between trading partners. The company provides a range of connectivity options, including FTP, AS1, and AS2, allowing for versatile integration across multiple platforms and document types. IPNet Solutions serves various industries, including automotive, consumer packaged goods, retail, electronics, financial services, healthcare, petrochemicals, and pharmaceuticals. Its flagship product, the BizManager line of connectivity solutions, has received recognition for its effectiveness in supply chain management, enhancing operational efficiency for its clients.

Thinque Systems

Series B in 2000
Thinque Systems is a developer of mobile enterprise applications and has a history of supplying solutions for Global 2000 companies. Thinque develops and markets mobile enterprise applications for sales force automation and field force automation that reduce field expenses, decrease day's sales outstanding, increase worker efficiency, an drive top line revenue while building customer loyalty. Thinque Systems customers include Colgate-Palmolive, Maybelline, Pepsi Americas and Revlon.

Imagicast

Series C in 2000
Imagicast, Inc. specializes in providing strategic merchandising solutions tailored for the retail sector. The company offers a one-to-one merchandising platform that integrates marketing, e-commerce, and business intelligence features. This platform enables retailers and brand manufacturers to create engaging in-store product demonstrations and personalized promotions. Additionally, it helps clients gather insights into customer shopping and purchasing behaviors, ultimately enhancing the conversion of shoppers into buyers. Through its innovative approach, Imagicast aims to improve the effectiveness of retail strategies and foster stronger connections between brands and consumers.

Motiva

Venture Round in 2000
Motiva, Inc. is the technology leader for global enterprise incentive management (EIM) software and services, enabling companies to create and manage flexible, highly targeted incentive programs that drive top-line and bottom-line results across the extended enterprise. The Motiva software solution allows businesses to rapidly align performance with strategic objectives for sales, services, channels, customers and suppliers. Founded in 1996, Motiva is headquartered in Pleasanton, California.

IPNet Solutions

Venture Round in 1998
IPNet Solutions specializes in secure data exchange software, offering innovative Internet EDI technologies designed to facilitate seamless communication between trading partners. The company provides a range of connectivity options, including FTP, AS1, and AS2, allowing for versatile integration across multiple platforms and document types. IPNet Solutions serves various industries, including automotive, consumer packaged goods, retail, electronics, financial services, healthcare, petrochemicals, and pharmaceuticals. Its flagship product, the BizManager line of connectivity solutions, has received recognition for its effectiveness in supply chain management, enhancing operational efficiency for its clients.

Thinque Systems

Series A in 1997
Thinque Systems is a developer of mobile enterprise applications and has a history of supplying solutions for Global 2000 companies. Thinque develops and markets mobile enterprise applications for sales force automation and field force automation that reduce field expenses, decrease day's sales outstanding, increase worker efficiency, an drive top line revenue while building customer loyalty. Thinque Systems customers include Colgate-Palmolive, Maybelline, Pepsi Americas and Revlon.
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