New Markets Venture Partners

New Markets Venture Partners is a Maryland-based venture capital firm founded in 2003, specializing in early and growth-stage investments. The firm focuses on transformative technology companies, particularly in the education, healthcare, information technology, and business services sectors. With a commitment to achieving both financial returns and social impact, New Markets leverages its extensive experience and proprietary relationships with educational institutions and innovation hubs to support its portfolio companies. The firm aims to enhance the success of its investments by providing value throughout the investment process, drawing on decades of collective expertise in investment and education.

Laura Antonelli

VP, Finance and Operations

Robb Doub

Co-Founder & General Partner

Mark Grovic

Co-Founder & General Partner

Jason Palmer

General Partner

Donald M. Spero

Co-Founder and General Partner

Juan Zavala

Principal

49 past transactions

APDS

Series C in 2022
American Prison Data Systems provides software and technology solutions designed to deliver educational and rehabilitative programs for correctional facilities. The company focuses on creating a secure environment where inmates can access individualized education, job training, and re-entry resources. Its offerings include military-grade technology to prevent misuse, secure content filters, data encryption, and curated educational content from various providers. APDS also features a centralized platform that allows correctional administrators and educators to deliver remote, adaptive instruction and monitor inmate progress. By enhancing access to education and rehabilitation, APDS aims to improve prison safety, reduce violence, and lower recidivism rates. Founded in 2012, the company is headquartered in New York and has an additional office in Boston.

Mantra Health

Series A in 2022
Mantra Health is a developer of a mental healthcare platform specifically designed to cater to students. The platform provides access to psychiatric care, free online assessments, and scheduled initial video consultations, allowing students to receive personalized care plans. By facilitating treatment in a comfortable and accessible manner, Mantra Health aims to enhance the mental well-being of students, making it easier for them to seek help and manage their mental health from the convenience of their homes.

Pathstream

Venture Round in 2021
Pathstream is a web-based platform for teaching in-demand tech skills for work. Pathstream partners with industry-leading tech companies and higher education institutions to transform digital skills learning. The company's platform allows students to immediately access pre-configured, project based instruction, realistic workplace simulations, and on-demand coaching.

APDS

Series B in 2020
American Prison Data Systems provides software and technology solutions designed to deliver educational and rehabilitative programs for correctional facilities. The company focuses on creating a secure environment where inmates can access individualized education, job training, and re-entry resources. Its offerings include military-grade technology to prevent misuse, secure content filters, data encryption, and curated educational content from various providers. APDS also features a centralized platform that allows correctional administrators and educators to deliver remote, adaptive instruction and monitor inmate progress. By enhancing access to education and rehabilitation, APDS aims to improve prison safety, reduce violence, and lower recidivism rates. Founded in 2012, the company is headquartered in New York and has an additional office in Boston.

PAIRIN

Series A in 2020
PAIRIN, Inc. is a social enterprise based in Denver, Colorado, that specializes in workforce process management through its My Journey platform. Founded in 2012, the company focuses on personalizing career exploration, job matching, and skill development for various sectors, including education, workforce programs, and government organizations. Its product offerings include PAIRIN Hiring, which assists companies in identifying top-performing applicants; PAIRIN Pro, which matches individuals to suitable job profiles and training programs while highlighting skill gaps; and PAIRIN Personalizes, aimed at developing soft skills. By utilizing friendly science, PAIRIN seeks to make education more relevant and hiring processes more equitable.

PresenceLearning

Series D in 2020
PresenceLearning, Inc. offers online special education services, including speech therapy, occupational therapy, behavioral interventions, and mental health support, to K-12 students and school districts across the United States and Canada. Utilizing a web-based videoconferencing platform, the company connects schools and parents with a network of licensed speech-language pathologists and other specialists through a variety of online tools and evidence-based therapeutic activities. Founded in 2009 and headquartered in San Francisco, California, PresenceLearning has established itself as a leader in delivering clinical services via the internet, successfully providing over 2.5 million teletherapy sessions since its inception. The company, formerly known as Presence Telecare, Inc., rebranded to its current name in August 2011.

Climb

Series A in 2019
Climb Credit, Inc. is a student lending platform founded in 2014 and based in New York City. The company specializes in providing educational loans to U.S. citizens and permanent residents, focusing on accessibility, affordability, and accountability in career development. Climb partners with a variety of educational institutions that offer programs aimed at enhancing graduates' earning potential, including fields such as cybersecurity, data science, culinary arts, and aviation. By identifying schools with a proven track record of improving student outcomes, Climb offers tailored financing options designed to meet the specific needs of individuals seeking to advance their careers, regardless of their credit history. This approach ensures that students have the resources necessary to pursue their career ambitions and successfully navigate an evolving job market.

Motimatic

Series A in 2019
Motimatic, LLC is an online advertising platform that utilizes advances in advertising technology and motivation science to deliver targeted messages aimed at promoting economically beneficial behaviors. Founded in 2015 and based in San Francisco, California, Motimatic's platform serves various industries, including healthcare, financial services, insurance, and education. In the education sector, it specifically focuses on student retention by assisting colleges in converting stalled applicants, reaching hard-to-contact students, and re-engaging those who have paused their studies. By employing scientifically proven techniques, such as psychological cues and habit-forming triggers, Motimatic helps clients create economic value while supporting users in achieving their personal goals.

Credly

Series A in 2019
Credly, Inc. operates a platform that focuses on verifying, sharing, and managing digital badges and credentials. Established in 2012 and based in New York, the company caters to educational institutions, corporations, and professional associations by providing a range of verified skills, abilities, and certifications. Its offerings include the Open Credit API and Credly SDKs, which supply developer resources for digital credentialing. Credly’s platform helps organizations to translate individual learning experiences into recognized professional opportunities through trusted digital credentials. By leveraging its extensive network of credential issuers, Credly supports employers and training organizations in addressing skills gaps, enhancing talent engagement, and making informed hiring decisions. The platform is designed to empower businesses and individuals alike by facilitating a common understanding of knowledge, skills, and abilities in the workforce.

Mursion

Series A in 2019
Mursion is the virtual reality environment where professionals practice and master the complex interpersonal skills necessary to be effective in high-stress professions. Used by a wide range of innovative organizations in healthcare, education, hospitality, finance, and other corporate sectors, Mursion delivers customized virtual reality simulations that recreate the most demanding interpersonal challenges that professionals confront on the job every day.

Galvanize

Series C in 2018
Galvanize is a school for entrepreneurs, engineers, and data scientists. It is a learning community for technology with nine physical and two remote campuses, where innovative startups, aspiring students, and large enterprises benefit from this dynamic, unique business ecosystem. Galvanize is backed by investors including, but not limited to, Catalyst Investors, ABS Capital Partners, University Ventures, New Markets Venture Partners, and Colorado Impact Fund. The company was co-founded by Tony Mugavero, Chris Onan, Jim Deters, and Lawrence Mandes in 2012, and is headquartered in Denver, Colorado.

LearnPlatform

Series A in 2018
LearnPlatform, Inc. is an edtech management company that offers a platform for educators to manage and analyze the impact of their technology and teaching practices. Founded in 2014 and based in Raleigh, North Carolina, the company serves a diverse clientele, including schools, districts, higher education institutions, and educators. The platform provides tools for impact analysis, rapid edtech evaluation, and professional development, enabling over 150,000 educators to streamline their processes and improve learning outcomes. LearnPlatform also fosters a collaborative community for teachers, allowing them to share resources and insights about technology products and practices. By delivering comprehensive analytics and support, LearnPlatform aims to enhance the effectiveness and efficiency of educational organizations.

BetterLesson

Series B in 2017
BetterLesson, Inc. develops and offers a professional development platform for teachers. Its platform connects teachers to their personal coaches for setting professional development challenges and objectives, creating individualized learning plans, and making teaching strategies. It provides a searchable database to users to find lesson plans, classroom materials, and instructional resources from teachers; browse various documents, presentations, lessons, units, and courses; and share curriculum and connect with fellow educators. BetterLesson, Inc. was incorporated in 2008 and is based in Cambridge, Massachusetts.

Credly

Seed Round in 2017
Credly, Inc. operates a platform that focuses on verifying, sharing, and managing digital badges and credentials. Established in 2012 and based in New York, the company caters to educational institutions, corporations, and professional associations by providing a range of verified skills, abilities, and certifications. Its offerings include the Open Credit API and Credly SDKs, which supply developer resources for digital credentialing. Credly’s platform helps organizations to translate individual learning experiences into recognized professional opportunities through trusted digital credentials. By leveraging its extensive network of credential issuers, Credly supports employers and training organizations in addressing skills gaps, enhancing talent engagement, and making informed hiring decisions. The platform is designed to empower businesses and individuals alike by facilitating a common understanding of knowledge, skills, and abilities in the workforce.

Signal Vine

Series A in 2017
Signal Vine, Inc. develops an enterprise text messaging platform. The company’s platform includes features for targeted messaging, intuitive interface, case management, hybrid messaging, and reporting and analytics. It also offers customer support services. The company offers its platform for K-12 schools, districts, and organizations; higher education institutions; and nonprofit organizations and government programs. Signal Vine, Inc. was incorporated in 2013 and is headquartered in Alexandria, Virginia.

Motimatic

Series A in 2017
Motimatic, LLC is an online advertising platform that utilizes advances in advertising technology and motivation science to deliver targeted messages aimed at promoting economically beneficial behaviors. Founded in 2015 and based in San Francisco, California, Motimatic's platform serves various industries, including healthcare, financial services, insurance, and education. In the education sector, it specifically focuses on student retention by assisting colleges in converting stalled applicants, reaching hard-to-contact students, and re-engaging those who have paused their studies. By employing scientifically proven techniques, such as psychological cues and habit-forming triggers, Motimatic helps clients create economic value while supporting users in achieving their personal goals.

Regent Education

Venture Round in 2017
Regent Education, Inc. is a provider of software-as-a-service solutions designed to streamline financial aid management for higher education institutions. The company's flagship product, Regent 8, is a cloud-based platform that supports various academic structures, including non-term and standard academic year schools. Regent Review automates the collection of verification documents and manages workflows, while Regent Financial Planner offers personalized financial planning tools for students and their families. The comprehensive platform allows institutions to effectively manage admissions, financial aid onboarding, compliance, and student self-service activities. Regent Education's solutions are tailored for a range of institutions, including career colleges, community colleges, and four-year universities, helping them enhance their enrollment processes and deliver better support to their students. Founded in 1979 and headquartered in Frederick, Maryland, Regent Education continues to innovate in the financial aid sector.

Noodle

Seed Round in 2016
Noodle Partners creates innovative online and hybrid programs while improving traditional classroom models. Noodle Partners has the capability to work with universities on every aspect of building a certificate or degree program that they choose—marketing, student recruitment, enrollment, curriculum design, student engagement, support services, graduate placement, and alumni engagement—and provides a high level of fit and finish.

Practice

Series A in 2016
Practice is an applied microlearning solution used to build and sustain continuous learning cultures that increase competence and confidence and drive innovation. Practice does this by creating a scalable means for teams to frequently practice skills and receive meaningful, timely feedback through the power of peer-to-peer video assessment and coaching. Practice's patented mobile-first video technology and learning methodology is used by organizations such as Comcast, Domino’s, Cox Automotive, NBCUniversal, PepsiCo, the University of Pennsylvania, and Harvard Medical School for reinforcement and retention of new hire training, fostering feedback, increasing collaboration, accelerating productivity, and achieving higher return on investment of learning and talent development initiatives.

Credly

Seed Round in 2016
Credly, Inc. operates a platform that focuses on verifying, sharing, and managing digital badges and credentials. Established in 2012 and based in New York, the company caters to educational institutions, corporations, and professional associations by providing a range of verified skills, abilities, and certifications. Its offerings include the Open Credit API and Credly SDKs, which supply developer resources for digital credentialing. Credly’s platform helps organizations to translate individual learning experiences into recognized professional opportunities through trusted digital credentials. By leveraging its extensive network of credential issuers, Credly supports employers and training organizations in addressing skills gaps, enhancing talent engagement, and making informed hiring decisions. The platform is designed to empower businesses and individuals alike by facilitating a common understanding of knowledge, skills, and abilities in the workforce.

BetterLesson

Series A in 2016
BetterLesson, Inc. develops and offers a professional development platform for teachers. Its platform connects teachers to their personal coaches for setting professional development challenges and objectives, creating individualized learning plans, and making teaching strategies. It provides a searchable database to users to find lesson plans, classroom materials, and instructional resources from teachers; browse various documents, presentations, lessons, units, and courses; and share curriculum and connect with fellow educators. BetterLesson, Inc. was incorporated in 2008 and is based in Cambridge, Massachusetts.

PresenceLearning

Series C in 2015
PresenceLearning, Inc. offers online special education services, including speech therapy, occupational therapy, behavioral interventions, and mental health support, to K-12 students and school districts across the United States and Canada. Utilizing a web-based videoconferencing platform, the company connects schools and parents with a network of licensed speech-language pathologists and other specialists through a variety of online tools and evidence-based therapeutic activities. Founded in 2009 and headquartered in San Francisco, California, PresenceLearning has established itself as a leader in delivering clinical services via the internet, successfully providing over 2.5 million teletherapy sessions since its inception. The company, formerly known as Presence Telecare, Inc., rebranded to its current name in August 2011.

Mashable

Series B in 2015
Mashable, Inc. is an online news community that focuses on digital culture, social media, and technology. Founded in 2005 and headquartered in New York City, with additional offices in San Francisco, London, and Los Angeles, Mashable serves millions of monthly unique visitors and has a substantial social media following. The platform offers news, information, and resources while also curating job openings in technology, marketing, business, and design fields. Additionally, Mashable provides advertising services and has established a strategic partnership with 360i. As of December 2017, Mashable operates as a subsidiary of Ziff Davis, LLC, further solidifying its position as a leading voice in the digital media landscape.

Orchestro

Venture Round in 2014
Orchestro develops a Software-as-a-Service based demand signal management platform. Over 110 global brands rely on Orchestro’s proprietary demand orchestration platform to seamlessly execute their omnichannel strategy. We increase speed-to-insight by harmonizing disparate demand data and applying adaptive analytics to execute profitable actions. Our clients can proactively analyze and act on business exceptions to dramatically reduce lost sales opportunities, improve revenue, and enhance service levels.

Fishtree

Series A in 2014
Fishtree Ltd is an education technology company that offers a platform designed to deliver personalized learning materials for students in K-12 and higher education. Founded in 2012 and based in Dublin, Ireland, Fishtree enables teachers to easily align educational resources with various standards and tailor them to meet individual student needs. The platform provides access to a wide range of resources, including real-time media and publisher content, while also allowing educators to monitor and track student progress through robust analytics. As a subsidiary of Follett Corporation, Fishtree is committed to empowering educators globally by enhancing the collaborative learning environment.

Three Ring

Series A in 2014
Three Ring is a provider of enterprise education software for the organization, sharing, and use of multimedia evidence of student growth. It enables students and teachers to seamlessly gather real evidence of learning from the classroom and make it available, privately, and securely online, to whoever needs it.

Regent Education

Series C in 2014
Regent Education, Inc. is a provider of software-as-a-service solutions designed to streamline financial aid management for higher education institutions. The company's flagship product, Regent 8, is a cloud-based platform that supports various academic structures, including non-term and standard academic year schools. Regent Review automates the collection of verification documents and manages workflows, while Regent Financial Planner offers personalized financial planning tools for students and their families. The comprehensive platform allows institutions to effectively manage admissions, financial aid onboarding, compliance, and student self-service activities. Regent Education's solutions are tailored for a range of institutions, including career colleges, community colleges, and four-year universities, helping them enhance their enrollment processes and deliver better support to their students. Founded in 1979 and headquartered in Frederick, Maryland, Regent Education continues to innovate in the financial aid sector.

Mashable

Series A in 2014
Mashable, Inc. is an online news community that focuses on digital culture, social media, and technology. Founded in 2005 and headquartered in New York City, with additional offices in San Francisco, London, and Los Angeles, Mashable serves millions of monthly unique visitors and has a substantial social media following. The platform offers news, information, and resources while also curating job openings in technology, marketing, business, and design fields. Additionally, Mashable provides advertising services and has established a strategic partnership with 360i. As of December 2017, Mashable operates as a subsidiary of Ziff Davis, LLC, further solidifying its position as a leading voice in the digital media landscape.

Mashable

Series A in 2014
Mashable, Inc. is an online news community that focuses on digital culture, social media, and technology. Founded in 2005 and headquartered in New York City, with additional offices in San Francisco, London, and Los Angeles, Mashable serves millions of monthly unique visitors and has a substantial social media following. The platform offers news, information, and resources while also curating job openings in technology, marketing, business, and design fields. Additionally, Mashable provides advertising services and has established a strategic partnership with 360i. As of December 2017, Mashable operates as a subsidiary of Ziff Davis, LLC, further solidifying its position as a leading voice in the digital media landscape.

Think Through Learning

Series B in 2013
Think Through Learning's key product line, Think Through Math, is America's leading online math remediation software. There are almost 3,000,000 students in over 180,000 classrooms who are paid subscribers to Think Through Math. Think Through Math is a unique SaaS system integrating student motivation, instant on-demand interventions from state-certified US math teachers, and award winning adaptive math instruction that teaches students higher order thinking skills. Winner of the 2014 and 2012 CODiE for Best Math Instructional Solution, Think Through Math is proven to raise students understanding of math. Each student starts with an adaptive placement test that moves them right to the math they need to learn. Extensive guided feedback supports them. When they are stuck, a U.S., state-cerfiied, classroom experienced math teacher will pop up within 10 seconds to tutor them in real time. A January, 2015 independent research study commissioned by the Texas Education Agency (TEA) of 755,440 students who used Think Through Math showed that students using the system on a regular basis improved their math scores an average of 23%. The study is available of the TEA website. Numerous other studies have proven Think Through Math significantly improves students understanding of math.

Civitas Learning

Series B in 2013
Civitas Learning’s student success intelligence platform leverages each institution’s unique data to help them chart the best course to improved outcomes for students. The platform is grounded in unparalleled work in data science, built into workflows with integrated applications, and implemented on-site with seasoned strategic service teams. Today, Civitas Learning works with 375 colleges and universities, serving nearly 8 million students. Together with their growing community of customers, Civitas Learning is making the most of the world’s learning data to help graduate a million more students per year by 2025.

PresenceLearning

Series B in 2013
PresenceLearning, Inc. offers online special education services, including speech therapy, occupational therapy, behavioral interventions, and mental health support, to K-12 students and school districts across the United States and Canada. Utilizing a web-based videoconferencing platform, the company connects schools and parents with a network of licensed speech-language pathologists and other specialists through a variety of online tools and evidence-based therapeutic activities. Founded in 2009 and headquartered in San Francisco, California, PresenceLearning has established itself as a leader in delivering clinical services via the internet, successfully providing over 2.5 million teletherapy sessions since its inception. The company, formerly known as Presence Telecare, Inc., rebranded to its current name in August 2011.

Calvert Learning

Series A in 2013
Calvert Learning, based in Hunt Valley, Maryland, specializes in providing curriculum services for home school students and educational institutions. Established in 1906, the company offers a comprehensive range of courses in subjects such as history, mathematics, science, literature, and foreign languages, utilizing a blend of traditional textbooks and online learning. Its curriculum is designed for English-speaking students from pre-kindergarten through eighth grade, emphasizing active, project-based learning. In addition to its academic offerings, Calvert Learning provides advisory teaching, technical support services, and flexible, modular approaches tailored to the needs of schools and districts. The organization has a long-standing commitment to ensuring that all students have access to a high-quality education, regardless of their learning environment. As of 2019, Calvert Learning operates as a subsidiary of Edmentum, Inc., continuing its mission to support both homeschool families and educational institutions.

Kickboard

Series A in 2013
Kickboard is a next-generation grade book-as-a-platform. Using Kickboard, teachers collect, analyze and share mission-critical data, including multiple assessments, standards mastery, reading growth, 21st-century skills, parent communication, and, most uniquely, student behavior and character strengths. The platform is built by educators for educators and offers a simple yet powerful web-based dashboard to increase alignment, consistency, and real-time visibility of student performance across classrooms.

The American Academy

Series C in 2012
The American Academy, Inc. (TAA) was established in 2007 with the vision is to become the leading online educational services partner to public high schools throughout the U.S. In addition to providing online and alternative educational services to high schools, TAA operates an accredited, private, online high school (The American Academy) that serves high school age and adult students worldwide who want to supplement their high school education and/or earn a full high school diploma. Through its unique School-as-a-Serviceâ„¢ platform, The American Academy gives: Students an opportunity to choose from more than 230 online courses, supported by state-licensed teachers and access to tutoring 24/7. High Schools an innovative program for dropout recovery and prevention, as well as offering additional courses for credit recovery or curriculum expansion. Teachers the ability to teach, develop content, tutor and perform community outreach to promote online learning.

BetterLesson

Venture Round in 2011
BetterLesson, Inc. develops and offers a professional development platform for teachers. Its platform connects teachers to their personal coaches for setting professional development challenges and objectives, creating individualized learning plans, and making teaching strategies. It provides a searchable database to users to find lesson plans, classroom materials, and instructional resources from teachers; browse various documents, presentations, lessons, units, and courses; and share curriculum and connect with fellow educators. BetterLesson, Inc. was incorporated in 2008 and is based in Cambridge, Massachusetts.

Informous

Venture Round in 2011
Informous, a B2B content marketing platform enabling businesses to reach highly targeted audiences with specific content, generating more informed and qualified leads.

Think Through Learning

Series B in 2011
Think Through Learning's key product line, Think Through Math, is America's leading online math remediation software. There are almost 3,000,000 students in over 180,000 classrooms who are paid subscribers to Think Through Math. Think Through Math is a unique SaaS system integrating student motivation, instant on-demand interventions from state-certified US math teachers, and award winning adaptive math instruction that teaches students higher order thinking skills. Winner of the 2014 and 2012 CODiE for Best Math Instructional Solution, Think Through Math is proven to raise students understanding of math. Each student starts with an adaptive placement test that moves them right to the math they need to learn. Extensive guided feedback supports them. When they are stuck, a U.S., state-cerfiied, classroom experienced math teacher will pop up within 10 seconds to tutor them in real time. A January, 2015 independent research study commissioned by the Texas Education Agency (TEA) of 755,440 students who used Think Through Math showed that students using the system on a regular basis improved their math scores an average of 23%. The study is available of the TEA website. Numerous other studies have proven Think Through Math significantly improves students understanding of math.

CSA Medical

Series A in 2011
CSA Medical, Inc. develops and manufactures innovative spray cryotherapy medical devices aimed at the destruction of unwanted tissue in various medical fields, including dermatology, gynecology, and general surgery. The company's flagship product, the truFreeze spray cryotherapy device, utilizes cold liquid nitrogen as a cryosurgical tool, allowing for the targeted destruction of tissue while promoting the regeneration of healthy tissue. Additionally, CSA Medical offers the Rapid AV Spray Kit, which enhances the truFreeze system by reducing the time required for liquid nitrogen application. Founded in 1993 and originally known as Crymed Technologies, the company rebranded to CSA Medical in 2006 and is headquartered in Baltimore, Maryland, with a research and development facility located in Lexington, Massachusetts.

Moodlerooms

Venture Round in 2010
Moodlerooms connects institutions to their Learning Management Platform, joule, that evolves around the user. Joule combines functionality and service into an adaptable package that matches institution's needs.

Questar Assessment

Post in 2009
Questar Assessment, Inc. provides custom and proprietary scoring, scanning, and reporting services to K-12 education market. It develops and delivers end-to-end testing solution and custom test materials, or a range of assessment services to the education community.

Orchestro

Series C in 2008
Orchestro develops a Software-as-a-Service based demand signal management platform. Over 110 global brands rely on Orchestro’s proprietary demand orchestration platform to seamlessly execute their omnichannel strategy. We increase speed-to-insight by harmonizing disparate demand data and applying adaptive analytics to execute profitable actions. Our clients can proactively analyze and act on business exceptions to dramatically reduce lost sales opportunities, improve revenue, and enhance service levels.

Orchestro

Series C in 2007
Orchestro develops a Software-as-a-Service based demand signal management platform. Over 110 global brands rely on Orchestro’s proprietary demand orchestration platform to seamlessly execute their omnichannel strategy. We increase speed-to-insight by harmonizing disparate demand data and applying adaptive analytics to execute profitable actions. Our clients can proactively analyze and act on business exceptions to dramatically reduce lost sales opportunities, improve revenue, and enhance service levels.

CSA Medical

Venture Round in 2007
CSA Medical, Inc. develops and manufactures innovative spray cryotherapy medical devices aimed at the destruction of unwanted tissue in various medical fields, including dermatology, gynecology, and general surgery. The company's flagship product, the truFreeze spray cryotherapy device, utilizes cold liquid nitrogen as a cryosurgical tool, allowing for the targeted destruction of tissue while promoting the regeneration of healthy tissue. Additionally, CSA Medical offers the Rapid AV Spray Kit, which enhances the truFreeze system by reducing the time required for liquid nitrogen application. Founded in 1993 and originally known as Crymed Technologies, the company rebranded to CSA Medical in 2006 and is headquartered in Baltimore, Maryland, with a research and development facility located in Lexington, Massachusetts.

Orchestro

Series B in 2007
Orchestro develops a Software-as-a-Service based demand signal management platform. Over 110 global brands rely on Orchestro’s proprietary demand orchestration platform to seamlessly execute their omnichannel strategy. We increase speed-to-insight by harmonizing disparate demand data and applying adaptive analytics to execute profitable actions. Our clients can proactively analyze and act on business exceptions to dramatically reduce lost sales opportunities, improve revenue, and enhance service levels.

GEOIQ.COM

Series B in 2007
GeoIQ is a web-based analytics platform with real-time analysis features, helping advertisers track and optimize their media buying campaigns.

ARPU

Series B in 2006
ARPUinc is a privately held Washington DC-based technology company, focused on enabling a superior advertising and ecommerce experience for consumers, advertisers, and publishers alike. By enhancing the ease of registration and purchase for the consumer, ARPU increases the efficacy of the online channel across all three constituencies. For online advertisers and publishers, ARPU augments the effectiveness of online advertising, thereby significantly driving ROI. With a distribution network that reaches more than 20 million unique visitors per month, ARPU's roster of advertiser and publisher partners spans from PC security and utility software providers to education and entertainment services to PC OEMs and ISPs.

Lightningcast

Series D in 2004
Lightningcast is a broadband software company that provides seamless content and ad insertion; stream customization and localization; campaign management and reporting; targeting and auditing; audience measurement and analytics; streaming operations and support; media management; and other enabling technologies. Companies and partners utilizing Lightningcast's platform include AOL, Disney/ABC, NPR, MTV and others.

Advanced Data Exchange

Series D in 2003
Advanced Data Exchange provides electronic data interchange, business integration, and commerce management services. It offers outsourced electronic data interchange services, including document specification and template design, data mapping and translation, trading partner connectivity, secure message delivery and tracking, project management, technical support, and training. The company also provides ADX WebAccess, a Web browser-based order management and invoice presentment solution for suppliers; and ADX Desktop, a personal computer software that offers data archiving and back office system integration capabilities. In addition, it offers business integration services, such as data translation, mapping, validation, back office systems integration, and trading partner connectivity; and trading partner electronic commerce reference guides, trading partner recruitment and connectivity, integration and data normalization, enterprise application integration, supplier support services, and scheduled business progress reviews. Further, Advanced Data Exchange provides commerce management services, which include order and invoice, customer and supplier, business document, and comprehensive business intelligence management services. Additionally, it offers CommerceMail, which provides solutions for the commerce problems. Advanced Data Exchange was formerly known as The EC Company. The company was founded as in 1992 and is headquartered in Fremont, California.