Grandbanks Capital

GrandBanks Capital Inc. is a venture capital firm specializing in investments in early stage companies. The firm prefers to invest in companies engaged in the information technology, infrastructure services, internet infrastructure, software and software services, security and storage applications, media technologies and services, financial technologies and services, and wireless technologies and services sectors. It primarily invests in companies based in the eastern part of the United States and Canada. The firm prefers to lead early-stage investments in high-growth sectors. GrandBanks Capital Inc. was founded in 2000 and is based in Needham, Massachusetts.

Steve Kurylo

CFO

Charles R. Lax

Managing General Partner

Charley Lax

Managing General Partner

Jeffrey P. Parker

Venture Partner

Timothy J. Wright

General Partner

83 past transactions

Exit41

Venture Round in 2010
Exit41's Software as a Service (SaaS) social ordering solutions have processed over twenty million food orders for consumers on behalf of leading restaurant brands across the globe including Qdoba Mexican Grill, la Madeleine, Cara Operations, Americana Group and Lettuce Entertain You Enterprises. Exit41's web and mobile applications enable restaurants to connect with, recognize and reward their customers and build loyal, profitable relationships. Founded in 1999, Exit41 is headquartered in Andover, Massachusetts, and is backed by tier one investors including GrandBanks Capital and Dace Ventures.

Ember Technologies

Venture Round in 2004
Ember is a design-led temperature control brand whose mission is to revolutionize the way people eat, drink and live. Founded by inventor and serial entrepreneur Clay Alexander, Ember designs and develops patented technology and products that disrupt industries across healthcare, wellness, consumer products and more. From inventing the world’s first temperature control smart mug, to revolutionizing the cold chain for temperature sensitive medicines, Ember is creating a multidisciplinary temperature control platform that brings precision temperature control to your fingertips.

ULocate Communications

Series C in 2007
ULocate Communications offers its users with wireless location-based services that leverages individual locations for customized deliveries. ULocate Communications is a U.S.-based company that was founded in 2003.

Achievers Corp.

Series B in 2009
Achievers delivers the only true cloud-based Employee Success Platform™ that enables remarkable business success. Designed specifically to meet the complex needs of today’s changing, modern workplace, it is the most engaging software specifically designed to engage, align and recognize employees. It is software employees love to use every day in over 110 countries. Achievers' customers include Deloitte, CVS Pharmacy, ConAgra Foods and Microsoft.

Incipient

Series D in 2006
Develops enterprise-class storage, SAN storage virtualization and automated data migration software solutions

GlassHouse Technologies

Series E in 2007
GlassHouse Technologies (acquired by Signature Technology Group in 2014) is a global provider of data center consulting services. GlassHouse consultants offer a vendor-independent approach to architect, implement and operate IT environments that drive high performance and agility. GlassHouse delivers its services through TransomSM, a unique delivery framework comprised of proprietary software tools, methodologies and domain expertise that offer unprecedented visibility into enterprise infrastructures. With this insight, GlassHouse enables customers to identify and mitigate operational inefficiencies, yielding significant cost savings, reducing risk and creating a more stable environment to ensure service levels are continually met.

BISON

Venture Round in 2018
Bison has two products in the market that represent the forward-looking mission and vision of the company. – Cobalt GP and Cobalt LP. Cobalt GP gives private fund managers democratized data, powerful analytics, and on-the-go access. Instant answers, all delivered in a branded experience. Cobalt LP helps institutional investors like Hamilton Lane understand capital flows in portfolios, diligence managers, and report on portfolio performance.

Beamable

Venture Round in 2021
Disruptor Beam brings together worldwide fan communities with games created surrounding iconic properties. It creates highly authentic, socially-driven games based around worlds that have spawned communities of millions of passionate, dedicated fans. The company was founded in 2010 and headquartered in Framingham, Massachusetts.

Coherent Path

Series A in 2014
Coherent Path’s science-driven personalization empowers retailers to build meaningful relationships with their customers – increasing revenue and differentiating their brand today, while maximizing lifetime value. We go far beyond first-generation recommendation tools by helping retailers identify the best path ahead for each customer. Using this groundbreaking approach, retailers of all sizes can personalize the customer journey through any channel with multi-step offers that increase revenue, drive engagement, and inspire loyalty.

Beamable

Series B in 2017
Disruptor Beam brings together worldwide fan communities with games created surrounding iconic properties. It creates highly authentic, socially-driven games based around worlds that have spawned communities of millions of passionate, dedicated fans. The company was founded in 2010 and headquartered in Framingham, Massachusetts.

SendMe

Series D in 2009
SendMe Mobile is a provider of direct-to-consumer mobile content subscriptions, with content ranging from ringtones and games to wallpapers. In February 2008 the company signed a distribution deal with IODA (Independent Online Distribution Alliance), giving its users access to a wide variety of ringtones from independent artists like Snoop Dogg and Kottonmouth Kings. SendMe Mobile's founding team all previously held senior management posts at [CNET](http://www.crunchbase.com/organization/cnetnetworks).

EachScape

Series A in 2012
EachScape is the only platform that lets you build and manage high quality custom apps across iOS, Android and HTML5, for phones and tablets, using drag & drop--which means producers, not developers, can do the building. EachScape doesn’t use templates: that's very important! Instead, EachScape provides a powerful building-block approach. This allows for endless design opportunities. Your app will be unique. Our clients include NBC, CBS, Scripps, Kellogg's, Nivea and other top brands, companies, and agencies.

HDmessaging

Venture Round in 2013
We are the backbone for text 2.0. Our free, fully featured API and open source clients provide everything developers need to build killer group messaging apps. We're powering a revolution in text messaging - Group conversations - Photo + media sharing - Location sharing - Facebook, Twitter integration - SMS integration & connectivity We provide a free API to anyone who wants to add group messaging to their service or application. Mobile device OEMs, network operators and app developers are all using the API today to build white label messaging services.

Cobalt Software

Private Placement in 2018
Cobalt Software enables private equity and venture capital firms can collect, analyze, and report on fund and portfolio company metrics the way they want. Cobalt works with management, finance, valuations, investor relations, and deal teams at private equity and venture capital firms to build a suite of data and reporting solutions that suit their firm size and investment style. It was founded in 2011 and headquartered in Boston, Massachusetts.

BISON

Series A in 2016
Bison has two products in the market that represent the forward-looking mission and vision of the company. – Cobalt GP and Cobalt LP. Cobalt GP gives private fund managers democratized data, powerful analytics, and on-the-go access. Instant answers, all delivered in a branded experience. Cobalt LP helps institutional investors like Hamilton Lane understand capital flows in portfolios, diligence managers, and report on portfolio performance.

Coradiant

Series B in 2003
Coradiant, Inc. provides network and Website monitoring equipment to manage, optimize, and troubleshoot Web applications. The company's products use customer metrics gathered from Web user visits as their primary data source for information technology management. It offers both virtual and physical appliances that passively taps and collect Web traffic data, and Coradiant TrueSight Edge for Akamai, a custom-built software-based product that provides performance visibility into Web applications that are accelerated by Akamai. The company serves clients in software-as-a-service, e-commerce, entertainment, finance, insurance, healthcare, and education industries. Coradiant Inc. was founded in 2000.

OutStart

Venture Round in 2002
OutStart provides social business software and learning systems that act like a lifeline: connecting people to the know-how, creativity, and learning they require to be efficient, effective, and agile.

Ember Technologies

Venture Round in 2009
Ember is a design-led temperature control brand whose mission is to revolutionize the way people eat, drink and live. Founded by inventor and serial entrepreneur Clay Alexander, Ember designs and develops patented technology and products that disrupt industries across healthcare, wellness, consumer products and more. From inventing the world’s first temperature control smart mug, to revolutionizing the cold chain for temperature sensitive medicines, Ember is creating a multidisciplinary temperature control platform that brings precision temperature control to your fingertips.

Enpocket

Series C in 2004
Enpocket, acquired by Nokia in 2007, allows brands to plan, create, execute, measure and optimize mobile advertising campaigns around the world. The Enpocket platform is a mobile advertising campaign management and delivery system distinguished by advanced consumer insight, targeting, and measurement. The platform can deliver mobile advertising across multiple formats including SMS, MMS, mobile Internet advertising, and video.

Vela Systems

Series B in 2010
Vela Systems software automates the execution and oversight of field activities on construction and capital projects for contractors, architects, engineers and owners. Instead of carrying a field notebook and paper plans or specs, jobsite users work with Vela software on mobile computers to electronically access documents and to complete QA/QC inspections, worklists, punchlists, field reports, update the Building Information Model, and carry out many other critical field activities. Customers routinely save 5-10 hours per week per user, accelerate project delivery by two days per month, capture the true Cost of Quality® and reduce litigation risk through standardized documentation.

ClearFit Inc.

Series A in 2013
ClearFit Inc. operates a web based platform that provides objective insights and predictive data to hire employees and build teams. It offers ClearFit, a predictive analytics engine that delivers critical information, such as employees’ strengths and weaknesses, and traits of best employees, as well as insights into the organization for talent pool development, succession planning, and more; and solutions to find and hire right employees through job description creation, job posting, and identification of top candidates. The company serves customers through representatives in healthcare, banking, insurance, restaurant, hotels, retail, and sales sectors in Canada. ClearFit Inc. was founded in 2006 and is based in Toronto, Canada.

SilverRail Technologies

Series A in 2010
SilverRail Technologies AB develops software for inventory, sales, distribution, operations, and settlement for rail and ground transport services in Scandinavia. The company also sells and distributes tickets online. SilverRail Technologies AB was formerly known as Linkon AB, and changed its name to SilverRail Technologies AB in February, 2018. The company was founded in 2000 and is based in Stockholm, Sweden. SilverRail Technologies AB operates as a subsidiary of SilverRail Linkon AB.
KnowledgeVision Systems Incorporated provides on-demand tools to create interactive and multi-media Web presentations for companies and organizations. It offers an enterprise solution for creating on-demand synchronized video business presentations for the Web. The company’s tool is used in sales and marketing presentations, product demonstrations, training and organizational development sessions, CEO and senior management communications, knowledge sharing presentations, periodic financial reporting and virtual road shows, on-demand replay of webinars, and interactive white papers. KnowledgeVision Systems Incorporated was founded in 2010 and is based in Concord, Massachusetts.

Celtra Inc.

Series B in 2013
Celtra Inc. develops a creative management platform, cloud-based and self-service software for managing the lifecycle of digital advertising. It serves advertisers and publishers, as well as companies worldwide. Celtra Inc. was founded in 2006 and is based in Boston, Massachusetts. It has locations in New York, New York; San Francisco, California; London, United Kingdom; Ljubljana, Slovenia; and Singapore. Celtra Inc. operates as a subsidiary of The Unilever Group.

NEXAGE

Series B in 2012
Digital advertising is driven by two overwhelming trends: the strategic role of mobile and the critical role of programmatic technologies to drive efficiency and liquidity. Nexage is at the forefront of both of these macro trends, leading and shaping the premium mobile advertising market through a set of firsts. Nexage was the first-to-market with mobile RTB; mobile private exchange; an exchange-based data solution, Nexage Connect; and the most robust brand safety solution in the market, Nexage Protect. Nexage has translated first-to-market advantage, creating a range of programmatic markets that allow premium publishers and buyers to design and operate markets that best enable them to accelerate their business, whether that is through an open exchange, private exchanges, or programmatic guaranteed markets. Nexage’s data solution, Nexage Connect, creates a powerful and efficient data model to deliver behavioral, contextual, location, identifier, and privacy data to buyers and their agency clients to improve targeting and retargeting, while enhancing the value of publishers’ audience. Nexage serves customers on a worldwide basis with offices in Boston, New York, San Francisco and London. Come visit us at www.nexage.com or follow us on Twitter @Nexage.

GlassHouse Technologies

Series B in 2002
GlassHouse Technologies (acquired by Signature Technology Group in 2014) is a global provider of data center consulting services. GlassHouse consultants offer a vendor-independent approach to architect, implement and operate IT environments that drive high performance and agility. GlassHouse delivers its services through TransomSM, a unique delivery framework comprised of proprietary software tools, methodologies and domain expertise that offer unprecedented visibility into enterprise infrastructures. With this insight, GlassHouse enables customers to identify and mitigate operational inefficiencies, yielding significant cost savings, reducing risk and creating a more stable environment to ensure service levels are continually met.

SilverRail Technologies

Venture Round in 2011
SilverRail Technologies AB develops software for inventory, sales, distribution, operations, and settlement for rail and ground transport services in Scandinavia. The company also sells and distributes tickets online. SilverRail Technologies AB was formerly known as Linkon AB, and changed its name to SilverRail Technologies AB in February, 2018. The company was founded in 2000 and is based in Stockholm, Sweden. SilverRail Technologies AB operates as a subsidiary of SilverRail Linkon AB.

Savored

Series A in 2011
Savored is the nation’s leading provider of yield management solutions to the restaurant industry. Over 1,000 restaurants nationwide use the Savored reservation platform to lower prices when they have empty tables and to increase prices when they have excess demand. Savored leverages a proprietary technology that searches restaurant availability and leverages yield management to offer diners the lowest possible price at great restaurants. Consumers browse Savored’s list of leading restaurants, make free online reservations and then receive discounts of 15%-40% off their total bill automatically applied at the end of their meal.

SendMe

Series C in 2008
SendMe Mobile is a provider of direct-to-consumer mobile content subscriptions, with content ranging from ringtones and games to wallpapers. In February 2008 the company signed a distribution deal with IODA (Independent Online Distribution Alliance), giving its users access to a wide variety of ringtones from independent artists like Snoop Dogg and Kottonmouth Kings. SendMe Mobile's founding team all previously held senior management posts at [CNET](http://www.crunchbase.com/organization/cnetnetworks).

InsightSquared

Seed Round in 2011
InsightSquared offers the industry's most complete and flexible Revenue Intelligence Platform, featuring six integrated solutions in one. We empower revenue professionals to make better decisions by equipping them with actionable, real-time intelligence that drives predictable growth. B2B organizations worldwide rely on InsightSquared to build stronger, healthier pipelines, improve conversion rates, target rep coaching, boost forecast accuracy and significantly increase competitive win rates. For more information, visit www.insightsquared.com.

Where

Series B in 2004
Where, LLC., a PayPal service also known as PayPal Media Network, is North America's leading location based media company. With over 4 million active users, the WHERE consumer application helps users discover, save and share local places by delivering relevant information and money-saving special offers from local merchants that are meaningful, and are delivered where and when they want them. WHERE is a top-ranked application on all mobile platforms and carriers. WHERE Ads, the largest mobile ad network with 100% geotargetable inventory in North America, connects merchants with nearby consumers who have expressed interest in their products. WHERE Ads delivers over 1 billion hyper-local ads monthly to over 100 publishers.

SilverRail Technologies

Seed Round in 2009
SilverRail Technologies AB develops software for inventory, sales, distribution, operations, and settlement for rail and ground transport services in Scandinavia. The company also sells and distributes tickets online. SilverRail Technologies AB was formerly known as Linkon AB, and changed its name to SilverRail Technologies AB in February, 2018. The company was founded in 2000 and is based in Stockholm, Sweden. SilverRail Technologies AB operates as a subsidiary of SilverRail Linkon AB.

SilverRail Technologies

Series B in 2012
SilverRail Technologies AB develops software for inventory, sales, distribution, operations, and settlement for rail and ground transport services in Scandinavia. The company also sells and distributes tickets online. SilverRail Technologies AB was formerly known as Linkon AB, and changed its name to SilverRail Technologies AB in February, 2018. The company was founded in 2000 and is based in Stockholm, Sweden. SilverRail Technologies AB operates as a subsidiary of SilverRail Linkon AB.

Dispatch Technologies, Inc.

Seed Round in 2015
Dispatch is the operating system that empowers modern service experiences for the world’s largest service brands. Our platform connects the enterprise, service provider, and customer together to create a world-class service experience that surpasses the rising expectations of the modern-day market.

Achievers Corp.

Venture Round in 2011
Achievers delivers the only true cloud-based Employee Success Platform™ that enables remarkable business success. Designed specifically to meet the complex needs of today’s changing, modern workplace, it is the most engaging software specifically designed to engage, align and recognize employees. It is software employees love to use every day in over 110 countries. Achievers' customers include Deloitte, CVS Pharmacy, ConAgra Foods and Microsoft.

Dispatch Technologies, Inc.

Private Placement in 2018
Dispatch is the operating system that empowers modern service experiences for the world’s largest service brands. Our platform connects the enterprise, service provider, and customer together to create a world-class service experience that surpasses the rising expectations of the modern-day market.

Celtra Inc.

Series A in 2011
Celtra Inc. develops a creative management platform, cloud-based and self-service software for managing the lifecycle of digital advertising. It serves advertisers and publishers, as well as companies worldwide. Celtra Inc. was founded in 2006 and is based in Boston, Massachusetts. It has locations in New York, New York; San Francisco, California; London, United Kingdom; Ljubljana, Slovenia; and Singapore. Celtra Inc. operates as a subsidiary of The Unilever Group.

Beamable

Venture Round in 2021
Disruptor Beam brings together worldwide fan communities with games created surrounding iconic properties. It creates highly authentic, socially-driven games based around worlds that have spawned communities of millions of passionate, dedicated fans. The company was founded in 2010 and headquartered in Framingham, Massachusetts.

Ember Technologies

Series C in 2006
Ember is a design-led temperature control brand whose mission is to revolutionize the way people eat, drink and live. Founded by inventor and serial entrepreneur Clay Alexander, Ember designs and develops patented technology and products that disrupt industries across healthcare, wellness, consumer products and more. From inventing the world’s first temperature control smart mug, to revolutionizing the cold chain for temperature sensitive medicines, Ember is creating a multidisciplinary temperature control platform that brings precision temperature control to your fingertips.

Dispatch Technologies, Inc.

Seed Round in 2014
Dispatch is the operating system that empowers modern service experiences for the world’s largest service brands. Our platform connects the enterprise, service provider, and customer together to create a world-class service experience that surpasses the rising expectations of the modern-day market.

Enpocket

Series B in 2003
Enpocket, acquired by Nokia in 2007, allows brands to plan, create, execute, measure and optimize mobile advertising campaigns around the world. The Enpocket platform is a mobile advertising campaign management and delivery system distinguished by advanced consumer insight, targeting, and measurement. The platform can deliver mobile advertising across multiple formats including SMS, MMS, mobile Internet advertising, and video.

ULocate Communications

Series A in 2004
ULocate Communications offers its users with wireless location-based services that leverages individual locations for customized deliveries. ULocate Communications is a U.S.-based company that was founded in 2003.

Coradiant

Series D in 2005
Coradiant, Inc. provides network and Website monitoring equipment to manage, optimize, and troubleshoot Web applications. The company's products use customer metrics gathered from Web user visits as their primary data source for information technology management. It offers both virtual and physical appliances that passively taps and collect Web traffic data, and Coradiant TrueSight Edge for Akamai, a custom-built software-based product that provides performance visibility into Web applications that are accelerated by Akamai. The company serves clients in software-as-a-service, e-commerce, entertainment, finance, insurance, healthcare, and education industries. Coradiant Inc. was founded in 2000.

Incipient

Series C in 2005
Develops enterprise-class storage, SAN storage virtualization and automated data migration software solutions

Trilio

Seed Round in 2014
Trilio is a leader in cloud-native data protection for Kubernetes, OpenStack and Red Hat Virtualization environments. Our TrilioVault technology is trusted by cloud infrastructure operators and developers for backup and recovery, migration and application mobility. Customers in telecom, defense, automotive and financial services leverage TrilioVault to recover from disasters, migrate workloads, move workloads to new infrastructure and migrate to new software distributions.

NEXAGE

Series A in 2009
Digital advertising is driven by two overwhelming trends: the strategic role of mobile and the critical role of programmatic technologies to drive efficiency and liquidity. Nexage is at the forefront of both of these macro trends, leading and shaping the premium mobile advertising market through a set of firsts. Nexage was the first-to-market with mobile RTB; mobile private exchange; an exchange-based data solution, Nexage Connect; and the most robust brand safety solution in the market, Nexage Protect. Nexage has translated first-to-market advantage, creating a range of programmatic markets that allow premium publishers and buyers to design and operate markets that best enable them to accelerate their business, whether that is through an open exchange, private exchanges, or programmatic guaranteed markets. Nexage’s data solution, Nexage Connect, creates a powerful and efficient data model to deliver behavioral, contextual, location, identifier, and privacy data to buyers and their agency clients to improve targeting and retargeting, while enhancing the value of publishers’ audience. Nexage serves customers on a worldwide basis with offices in Boston, New York, San Francisco and London. Come visit us at www.nexage.com or follow us on Twitter @Nexage.

GlassHouse Technologies

Debt Financing in 2012
GlassHouse Technologies (acquired by Signature Technology Group in 2014) is a global provider of data center consulting services. GlassHouse consultants offer a vendor-independent approach to architect, implement and operate IT environments that drive high performance and agility. GlassHouse delivers its services through TransomSM, a unique delivery framework comprised of proprietary software tools, methodologies and domain expertise that offer unprecedented visibility into enterprise infrastructures. With this insight, GlassHouse enables customers to identify and mitigate operational inefficiencies, yielding significant cost savings, reducing risk and creating a more stable environment to ensure service levels are continually met.

Enpocket

Series A in 2002
Enpocket, acquired by Nokia in 2007, allows brands to plan, create, execute, measure and optimize mobile advertising campaigns around the world. The Enpocket platform is a mobile advertising campaign management and delivery system distinguished by advanced consumer insight, targeting, and measurement. The platform can deliver mobile advertising across multiple formats including SMS, MMS, mobile Internet advertising, and video.

Vivox

Series A in 2005
Founded in 2005 and headquartered in Natick, MA, Vivox is the number one integrated voice platform for the Social Web. Vivox partners with Game Publishers and Social Publishers to excite and engage users with voice -- and monetize them with audio ads and virtual goods. Today, over 45 million people from more than 200 countries around the globe come together on the Vivox Network and exchange over three billion voice chat minutes per month. And whether they are playing, socializing or learning, you can be sure that they are immersed and talking just as naturally as they do in real-life.

Colubris Networks

Series B in 2004
Colubris Networks provides wireless local area network solutions for enterprises and service providers. Its products include Colubris Wireless MultiService Access Points, which enable organizations to create wireless networking with direct source-to-destination traffic forwarding; Wireless Client Bridge that transforms non-wireless infrastructure devices into wireless-ready mobile equipment; and MultiService Controllers, which manage wireless network configuration and operation.

Coradiant

Venture Round in 2001
Coradiant, Inc. provides network and Website monitoring equipment to manage, optimize, and troubleshoot Web applications. The company's products use customer metrics gathered from Web user visits as their primary data source for information technology management. It offers both virtual and physical appliances that passively taps and collect Web traffic data, and Coradiant TrueSight Edge for Akamai, a custom-built software-based product that provides performance visibility into Web applications that are accelerated by Akamai. The company serves clients in software-as-a-service, e-commerce, entertainment, finance, insurance, healthcare, and education industries. Coradiant Inc. was founded in 2000.

Where

Series A in 2003
Where, LLC., a PayPal service also known as PayPal Media Network, is North America's leading location based media company. With over 4 million active users, the WHERE consumer application helps users discover, save and share local places by delivering relevant information and money-saving special offers from local merchants that are meaningful, and are delivered where and when they want them. WHERE is a top-ranked application on all mobile platforms and carriers. WHERE Ads, the largest mobile ad network with 100% geotargetable inventory in North America, connects merchants with nearby consumers who have expressed interest in their products. WHERE Ads delivers over 1 billion hyper-local ads monthly to over 100 publishers.

Mavrck

Series B in 2018
Apifia develops an influencer activation platform for Facebook. It offers Mavrck, an influencer activation platform that measures how well friends engage with users’ posts on Facebook; taps into the power of influential women and moms on Facebook who control the everyday spending in the household; and provides data to enhance user’s market research, email marketing, and advertising efforts. Chris Worfel, Lyle Stevens, and Sean Naegeli founded it on February 1, 2012. Its headquarters is in Boston in Massachusetts.

First Coverage

Series B in 2008
First Coverage (formerly iSequent) is a privately-held Canadian company in the financial services industry. First Coverage provides a web-based technology, which was developed in collaboration with both the buy-side and sell-side to help money managers more efficiently generate alpha by eliminating the “noise” that they encounter on a daily basis, allowing them to focus on the people and information that matter most to their holdings.

Beamable

Series A in 2014
Disruptor Beam brings together worldwide fan communities with games created surrounding iconic properties. It creates highly authentic, socially-driven games based around worlds that have spawned communities of millions of passionate, dedicated fans. The company was founded in 2010 and headquartered in Framingham, Massachusetts.

Vivox

Series C in 2010
Founded in 2005 and headquartered in Natick, MA, Vivox is the number one integrated voice platform for the Social Web. Vivox partners with Game Publishers and Social Publishers to excite and engage users with voice -- and monetize them with audio ads and virtual goods. Today, over 45 million people from more than 200 countries around the globe come together on the Vivox Network and exchange over three billion voice chat minutes per month. And whether they are playing, socializing or learning, you can be sure that they are immersed and talking just as naturally as they do in real-life.

xkoto

Series B in 2007
Founded in 2005, xkoto's technology platform enables the replication and virtualization of data. The GRIDSCALE Database Load Balancer manages a geographic grid of standard, commercial databases, making them appear virtually as a single local database so that applications become continuously available and horizontally scalable. Through its proven disruptive technology, xkoto currently empowers SMBs and Fortune 100 companies to decrease costs and increase utilization. Recently named one of Deloitte's 2007 Companies-to-Watch, xkoto's technology partners include IBM, Microsoft, Novell, Sun Microsystems and Sybase. xkoto is based in Toronto and Boston.

Apifia Inc.

Private Placement in 2018
Apifia Inc. develops an influencer activation platform for Facebook. It offers Mavrck, an influencer activation platform that measures how well friends engage with users’ posts on Facebook; taps into the power of influential women and moms on Facebook who control the everyday spending in the household; and provides data to enhance user’s market research, email marketing, and advertising efforts. The company was founded in 2011 and is based in Newtonville, Massachusetts.
Dispatch is the operating system that empowers modern service experiences for the world’s largest service brands. Our platform connects the enterprise, service provider, and customer together to create a world-class service experience that surpasses the rising expectations of the modern-day market.

Defense Mobile

Series A in 2015
Defense Mobile Corporation provides 4G LTE based mobile operator and wireless services. It offers smartphones from companies such as Apple, Samsung, and Motorola. Additionally, the company provides mobile applications which include Milisource, a mobile app that helps to identify the Virginia, State Veterans Departments, and Veteran Service Organizations benefits they have earned; Milicash, a mobile banking app with a pre-approved prepaid MasterCard that delivers cash back rewards and veteran discounts at participating merchants; and Milimail, a free email service that provides transitioning military personnel and defense mobile members with an email account. It serves veterans and military service members and their families. The company was founded in 2013 and is based in Stamford, Connecticut.

Vivox

Series B in 2007
Founded in 2005 and headquartered in Natick, MA, Vivox is the number one integrated voice platform for the Social Web. Vivox partners with Game Publishers and Social Publishers to excite and engage users with voice -- and monetize them with audio ads and virtual goods. Today, over 45 million people from more than 200 countries around the globe come together on the Vivox Network and exchange over three billion voice chat minutes per month. And whether they are playing, socializing or learning, you can be sure that they are immersed and talking just as naturally as they do in real-life.

CXO Systems

Series A in 2003
CXO Systems is a software company founded to address the unique needs of the forgotten user: the CXO. Business leaders like CEOs, CFOs, COOs, and CIOs need specific solutions which provide immediate access to information to make the right decisions as quickly as possible. They believe they have built the first business application of its kind, putting the power of real-time business visibility in the hands of senior managers.

Where

Series C in 2007
Where, LLC., a PayPal service also known as PayPal Media Network, is North America's leading location based media company. With over 4 million active users, the WHERE consumer application helps users discover, save and share local places by delivering relevant information and money-saving special offers from local merchants that are meaningful, and are delivered where and when they want them. WHERE is a top-ranked application on all mobile platforms and carriers. WHERE Ads, the largest mobile ad network with 100% geotargetable inventory in North America, connects merchants with nearby consumers who have expressed interest in their products. WHERE Ads delivers over 1 billion hyper-local ads monthly to over 100 publishers.

Incipient

Series E in 2008
Develops enterprise-class storage, SAN storage virtualization and automated data migration software solutions

First Coverage

Series A in 2006
First Coverage (formerly iSequent) is a privately-held Canadian company in the financial services industry. First Coverage provides a web-based technology, which was developed in collaboration with both the buy-side and sell-side to help money managers more efficiently generate alpha by eliminating the “noise” that they encounter on a daily basis, allowing them to focus on the people and information that matter most to their holdings.

ULocate Communications

Series B in 2004
ULocate Communications offers its users with wireless location-based services that leverages individual locations for customized deliveries. ULocate Communications is a U.S.-based company that was founded in 2003.

Ember Technologies

Series B in 2002
Ember is a design-led temperature control brand whose mission is to revolutionize the way people eat, drink and live. Founded by inventor and serial entrepreneur Clay Alexander, Ember designs and develops patented technology and products that disrupt industries across healthcare, wellness, consumer products and more. From inventing the world’s first temperature control smart mug, to revolutionizing the cold chain for temperature sensitive medicines, Ember is creating a multidisciplinary temperature control platform that brings precision temperature control to your fingertips.

TIM Group

Venture Round in 2006
TIM Group provides alpha-generating information technology to the financial services industry. The company’s focus is on helping buy-side and sell-side firms and administrators maximize their intellectual property to generate more revenue. TIM Group is employee owned with venture capital investors that include Commonwealth Capital Ventures of Boston, GrandBanks Capital of Boston, and JLA Ventures of Toronto.

Vela Systems

Series A in 2007
Vela Systems software automates the execution and oversight of field activities on construction and capital projects for contractors, architects, engineers and owners. Instead of carrying a field notebook and paper plans or specs, jobsite users work with Vela software on mobile computers to electronically access documents and to complete QA/QC inspections, worklists, punchlists, field reports, update the Building Information Model, and carry out many other critical field activities. Customers routinely save 5-10 hours per week per user, accelerate project delivery by two days per month, capture the true Cost of Quality® and reduce litigation risk through standardized documentation.

Dispatch Technologies, Inc.

Corporate Round in 2018
Dispatch is the operating system that empowers modern service experiences for the world’s largest service brands. Our platform connects the enterprise, service provider, and customer together to create a world-class service experience that surpasses the rising expectations of the modern-day market.

Colubris Networks

Series E in 2006
Colubris Networks provides wireless local area network solutions for enterprises and service providers. Its products include Colubris Wireless MultiService Access Points, which enable organizations to create wireless networking with direct source-to-destination traffic forwarding; Wireless Client Bridge that transforms non-wireless infrastructure devices into wireless-ready mobile equipment; and MultiService Controllers, which manage wireless network configuration and operation.

GlassHouse Technologies

Series C in 2003
GlassHouse Technologies (acquired by Signature Technology Group in 2014) is a global provider of data center consulting services. GlassHouse consultants offer a vendor-independent approach to architect, implement and operate IT environments that drive high performance and agility. GlassHouse delivers its services through TransomSM, a unique delivery framework comprised of proprietary software tools, methodologies and domain expertise that offer unprecedented visibility into enterprise infrastructures. With this insight, GlassHouse enables customers to identify and mitigate operational inefficiencies, yielding significant cost savings, reducing risk and creating a more stable environment to ensure service levels are continually met.

Coradiant

Series C in 2004
Coradiant, Inc. provides network and Website monitoring equipment to manage, optimize, and troubleshoot Web applications. The company's products use customer metrics gathered from Web user visits as their primary data source for information technology management. It offers both virtual and physical appliances that passively taps and collect Web traffic data, and Coradiant TrueSight Edge for Akamai, a custom-built software-based product that provides performance visibility into Web applications that are accelerated by Akamai. The company serves clients in software-as-a-service, e-commerce, entertainment, finance, insurance, healthcare, and education industries. Coradiant Inc. was founded in 2000.

Mavrck

Series A in 2015
Apifia develops an influencer activation platform for Facebook. It offers Mavrck, an influencer activation platform that measures how well friends engage with users’ posts on Facebook; taps into the power of influential women and moms on Facebook who control the everyday spending in the household; and provides data to enhance user’s market research, email marketing, and advertising efforts. Chris Worfel, Lyle Stevens, and Sean Naegeli founded it on February 1, 2012. Its headquarters is in Boston in Massachusetts.

xkoto

Series C in 2009
Founded in 2005, xkoto's technology platform enables the replication and virtualization of data. The GRIDSCALE Database Load Balancer manages a geographic grid of standard, commercial databases, making them appear virtually as a single local database so that applications become continuously available and horizontally scalable. Through its proven disruptive technology, xkoto currently empowers SMBs and Fortune 100 companies to decrease costs and increase utilization. Recently named one of Deloitte's 2007 Companies-to-Watch, xkoto's technology partners include IBM, Microsoft, Novell, Sun Microsystems and Sybase. xkoto is based in Toronto and Boston.

GlassHouse Technologies

Series D in 2005
GlassHouse Technologies (acquired by Signature Technology Group in 2014) is a global provider of data center consulting services. GlassHouse consultants offer a vendor-independent approach to architect, implement and operate IT environments that drive high performance and agility. GlassHouse delivers its services through TransomSM, a unique delivery framework comprised of proprietary software tools, methodologies and domain expertise that offer unprecedented visibility into enterprise infrastructures. With this insight, GlassHouse enables customers to identify and mitigate operational inefficiencies, yielding significant cost savings, reducing risk and creating a more stable environment to ensure service levels are continually met.

OpenExchange

Venture Round in 2010
OpenExchange is a SaaS solution that enhances the interaction between the investment community and public companies through our cloud-based video conferencing service. The online network offers clients the ability to search a global directory of financial services professionals, schedule video meetings, and meet over a wide range of video endpoints, including desktop/laptop, video conference rooms, and mobile devices. Clients include investment managers, investment banks, and public companies.

Achievers Corp.

Series C in 2011
Achievers delivers the only true cloud-based Employee Success Platform™ that enables remarkable business success. Designed specifically to meet the complex needs of today’s changing, modern workplace, it is the most engaging software specifically designed to engage, align and recognize employees. It is software employees love to use every day in over 110 countries. Achievers' customers include Deloitte, CVS Pharmacy, ConAgra Foods and Microsoft.

InfoActive

Venture Round in 2014
InfoActive is an online platform that gives web publishers tools to create interactive, mobile-friendly infographics with live data.

Mavrck

Series A in 2014
Apifia develops an influencer activation platform for Facebook. It offers Mavrck, an influencer activation platform that measures how well friends engage with users’ posts on Facebook; taps into the power of influential women and moms on Facebook who control the everyday spending in the household; and provides data to enhance user’s market research, email marketing, and advertising efforts. Chris Worfel, Lyle Stevens, and Sean Naegeli founded it on February 1, 2012. Its headquarters is in Boston in Massachusetts.

Cobalt LP

Venture Round in 2012
Cobalt LP is a web-based platform that offers top-notch portfolio planning capabilities for private market investors.

Concentric Visions

Series B in 2001
Multimedia internet applications activating through clickable videos.

Colubris Networks

Series C in 2005
Colubris Networks provides wireless local area network solutions for enterprises and service providers. Its products include Colubris Wireless MultiService Access Points, which enable organizations to create wireless networking with direct source-to-destination traffic forwarding; Wireless Client Bridge that transforms non-wireless infrastructure devices into wireless-ready mobile equipment; and MultiService Controllers, which manage wireless network configuration and operation.