Steve Banks

Venture Partner Emeritus

Nicole Bentz

Associate

Joe Curry

Senior Associate

Carolyn Houren

Investment Associate

Aaron Perman

Vice President

Charlie Plauche

Partner

Brian Smith

Founder and Managing Director

Katie Wallis

Investment Associate

Past deals in Austin, TX

Atmosphere

Series D in 2023
Atmosphere is a streaming TV platform for businesses, offering 21 original and partner TV channels. The platform has been built from the ground up with proprietary content, technology and data to deliver unparalleled experiences for businesses, consumers and advertisers. The platform also provides a digital signage feature for businesses to run their house promotions within the content. The business was incubated within Chive Media Group (theCHIVE) and spun out in 2019.

Sumatra

Seed Round in 2022
Sumatra helps in making decision by automating ideas to reality, from its performance data-enrichment platform and end-to-end services.

QbDVision

Series A in 2022
Users can manage everything from a single login process evolution, risk evaluation, and data analytics without the inefficiency and data integrity issues associated with disconnected, legacy software systems that create barriers to shared information with QbDVision. In QbDVision, as your product and processes grow, so will your understanding and control. Using our platform means that you always have a comprehensive, historical perspective of the full life cycle, allowing you to make the greatest decision at the right time.

Atmosphere

Series C in 2022
Atmosphere is a streaming TV platform for businesses, offering 21 original and partner TV channels. The platform has been built from the ground up with proprietary content, technology and data to deliver unparalleled experiences for businesses, consumers and advertisers. The platform also provides a digital signage feature for businesses to run their house promotions within the content. The business was incubated within Chive Media Group (theCHIVE) and spun out in 2019.

UpEquity

Series B in 2021
UpEquity is a tech-enabled mortgage platform creating a better way to buy a home. UpEquity empowers customers to close offers fast by leveraging its proprietary combination of free cash offers, automated underwriting and low mortgage rates. Even first-time homebuyers receive access to the best houses on the market, in turn democratizing the American Dream. UpEquity was founded in 2019 by Tim Herman and Louis Wilson while they were attending Harvard Business School and later graduated from Y Combinator's Summer 2019 accelerator program.

Interplay Learning

Series B in 2021
Interplay Learning is an information technology company that specializes in virtual reality and 3D solutions. It provides an online training platform that enables its users to conduct training via 3D simulations designed for career training in heating, ventilation and air conditioning (HVAC), electrical, energy auditing, manufacturing, facility maintenance, and construction codes.

QbDVision

Seed Round in 2020
Users can manage everything from a single login process evolution, risk evaluation, and data analytics without the inefficiency and data integrity issues associated with disconnected, legacy software systems that create barriers to shared information with QbDVision. In QbDVision, as your product and processes grow, so will your understanding and control. Using our platform means that you always have a comprehensive, historical perspective of the full life cycle, allowing you to make the greatest decision at the right time.

Atmosphere

Series A in 2020
Atmosphere is a streaming TV platform for businesses, offering 21 original and partner TV channels. The platform has been built from the ground up with proprietary content, technology and data to deliver unparalleled experiences for businesses, consumers and advertisers. The platform also provides a digital signage feature for businesses to run their house promotions within the content. The business was incubated within Chive Media Group (theCHIVE) and spun out in 2019.

Nexus

Venture Round in 2020
Nexus serves as a platform for live service games and the content creators who play them.

LeanDNA

Series B in 2019
LeanDNA software enables discrete manufacturers to predictively balance supply and demand by synchronizing procurement and production to ensure on-time delivery, reduce inventory waste, and prevent shortages.

Liveoak Technologies

Series A in 2019
Liveoak is a computer software company that specializes in cloud-based platform. It features a cloud-based software application platform that utilizes video conferencing, screen-sharing and data/ID capture with forms collaboration and e-signature capabilities that let your teams deliver white-glove service to your customers. The company was founded in 2014 and headquartered in Austin, Texas.

Interplay Learning

Series A in 2019
Interplay Learning is an information technology company that specializes in virtual reality and 3D solutions. It provides an online training platform that enables its users to conduct training via 3D simulations designed for career training in heating, ventilation and air conditioning (HVAC), electrical, energy auditing, manufacturing, facility maintenance, and construction codes.

Atmosphere

Series A in 2019
Atmosphere is a streaming TV platform for businesses, offering 21 original and partner TV channels. The platform has been built from the ground up with proprietary content, technology and data to deliver unparalleled experiences for businesses, consumers and advertisers. The platform also provides a digital signage feature for businesses to run their house promotions within the content. The business was incubated within Chive Media Group (theCHIVE) and spun out in 2019.

Liquibase

Series C in 2019
Liquibase, powered by open-source innovation, simplifies and automates database deployment and configuration for applications that eliminate risk from the deployment process. Its platform removes database deployments as a barrier and eliminates the security vulnerabilities, errors, data loss, and downtime associated with current database deployment methods that enable enterprises to shorten the time it takes to bring application innovation to the market.

OutboundEngine

Series C in 2018
OutboundEngine is an Austin, TX-based marketing technology company that helps businesses grow by making online marketing simple. The company’s SaaS platform automates email marketing, social media posting, online review collection and more for over 10,000 customers. Founded in 2012, OutboundEngine is ranked No. 95 on the Inc. 5000 and has been consistently named a top workplace in Austin. For more information, please visit www.outboundengine.com

Favor Delivery

Series B in 2017
Favor Delivery is a developer of a mobile and web-based food delivery application used to deliver restaurant-based food. Its service is a location-based mobile application and website portal that enable users to order food, groceries and more from stores and restaurants in the local area and delivers through courier at their door.

Iconixx Software

Venture Round in 2017
Iconixx is a provider of sales compensation software designed for compensation management. Its cloud-based solutions deliver incentives to the entire workforce for businesses of all sizes. It enables organizations to increase sales productivity and improve overall profitability by automating, analyzing, and optimizing commission and incentive processes with flexibility and ease. It was founded in 2010 and is headquartered in Austin, Texas.

OutboundEngine

Series C in 2016
OutboundEngine is an Austin, TX-based marketing technology company that helps businesses grow by making online marketing simple. The company’s SaaS platform automates email marketing, social media posting, online review collection and more for over 10,000 customers. Founded in 2012, OutboundEngine is ranked No. 95 on the Inc. 5000 and has been consistently named a top workplace in Austin. For more information, please visit www.outboundengine.com

Liquibase

Series B in 2016
Liquibase, powered by open-source innovation, simplifies and automates database deployment and configuration for applications that eliminate risk from the deployment process. Its platform removes database deployments as a barrier and eliminates the security vulnerabilities, errors, data loss, and downtime associated with current database deployment methods that enable enterprises to shorten the time it takes to bring application innovation to the market.

TVA Medical

Series C in 2015
TVA Medical, Inc. (TVA) is a medical device company developing innovative, minimally invasive therapies for treatment of End-Stage Renal Disease (ESRD). The company is funded by Santé Ventures.

Iconixx Software

Venture Round in 2015
Iconixx is a provider of sales compensation software designed for compensation management. Its cloud-based solutions deliver incentives to the entire workforce for businesses of all sizes. It enables organizations to increase sales productivity and improve overall profitability by automating, analyzing, and optimizing commission and incentive processes with flexibility and ease. It was founded in 2010 and is headquartered in Austin, Texas.

Favor Delivery

Series A in 2015
Favor Delivery is a developer of a mobile and web-based food delivery application used to deliver restaurant-based food. Its service is a location-based mobile application and website portal that enable users to order food, groceries and more from stores and restaurants in the local area and delivers through courier at their door.

Metal Networks

Series A in 2014
Metal Network's software solutions cater to the metal industry and are geared to save money, time, and manpower, Our goal is to develop a united, sustainable, and innovative community where buying and selling metal is simple and reliable, providing quality products in abundance. Metal Networks delivers software for the industrial metal market that is fair, convenient, competitive, and profitable; by using Metal Network's provided solutions we promise increased efficiency, lower overhead, generated leads, and increased sales. We cater our services to master distributors, distributors, suppliers, OEMs, fabricators, machine shops, and contractors.

TVA Medical

Series B in 2013
TVA Medical, Inc. (TVA) is a medical device company developing innovative, minimally invasive therapies for treatment of End-Stage Renal Disease (ESRD). The company is funded by Santé Ventures.

Packet Design

Venture Round in 2013
Packet Design's industry-leading, integrated suite of IP traffic and route analysis solutions offer enterprises and service providers unprecedented visibility, analysis, troubleshooting, and modeling of their entire network, enabling superior network service delivery and a significant return of investment. Packet Design is transforming the way network operators plan, deploy, and assure services to help them accelerate time to revenue, decrease churn, and contain costs. Modern IP/MPLS networks call for next-gen analytics and automation software but most management tools fall short. With real-time telemetry for millisecond by millisecond visibility into service path behavior, historical and predictive analytics, and automated service provisioning, the Explorer Suite is future-proof management software.

Tango Health

Series B in 2012
Tango Health, Inc. provides web-based services to support consumer-directed health care. The company’s web-based Health Savings Account (HSA) management platform helps employers and employees save health insurance premiums and reclaim the $4 billion annually lost to payroll and income taxes due to HSA under-use. Tango Health partners with financial institutions, benefits brokers, consultants and carriers to strategically enhance their offerings for both employers and employees. For more information, visit www.tangohealth.com

Digby

Series C in 2011
Mobile technology's collision with brick and mortar stores challenges retailers to keep up with consumers who are better connected, better informed and more nimble than ever before. Digby’s Localpoint platform enables you to become proactive in the buying process by connecting digital engagement to the physical world. With Localpoint embedded in your branded mobile app, you can seamlessly guide a consumer’s purchase path across channels: driving store traffic through location-relevant marketing, personally engaging your customers in the brick and mortar store and developing new insights into consumer visit patterns across your locations.

Tango Health

Series A in 2010
Tango Health, Inc. provides web-based services to support consumer-directed health care. The company’s web-based Health Savings Account (HSA) management platform helps employers and employees save health insurance premiums and reclaim the $4 billion annually lost to payroll and income taxes due to HSA under-use. Tango Health partners with financial institutions, benefits brokers, consultants and carriers to strategically enhance their offerings for both employers and employees. For more information, visit www.tangohealth.com

Callvine

Series A in 2010
Callvine is focused on mobile unified communications beginning with advanced conferencing and collaboration services. Its iPhone app, HD Voice Conferencing, offers free, business-class conferencing with high-definition audio over Wi-Fi, reservation-less dial-in numbers, and a live call control dashboard. The Company will continue to build out its mobile apps and services for improved collaboration for small businesses, telecommuters and other professionals. The Austin, TX based Company was formed in 2010 and is run by a veteran team of entrepreneurs and software engineers.

Invodo

Series B in 2009
Invodo delivers business results through video. We improve the way retailers sell, brands communicate product value, and consumers shop. Invodo video increases sales conversion rates, attracts traffic through SEO and social networks, and reduces returns for clients major retailers, brands and service providers

Invodo

Series A in 2008
Invodo delivers business results through video. We improve the way retailers sell, brands communicate product value, and consumers shop. Invodo video increases sales conversion rates, attracts traffic through SEO and social networks, and reduces returns for clients major retailers, brands and service providers

Phurnace Software

Series A in 2008
Phurnace Software helps companies drive revenue and dramatically reduce costs by accelerating the deployment of mission critical applications into physical environments, virtual images or to cloud computing providers. Leveraging patent-pending technology, Phurnace automates web [application deployment](http://www.bmc.com/products/product-listing/bmc-bladelogic-application-release-automation.html) from installation to deployment to upgrades eliminating manual, error-prone processes and delivering tangible ROI within weeks. Phurnace Software, Inc. was founded in 2007 and is based in Austin, Texas. As of the nine months ended December 31, 2009, Phurnace Software Inc. operates as a subsidiary of BMC Software Inc.

Phurnace Software

Series A in 2007
Phurnace Software helps companies drive revenue and dramatically reduce costs by accelerating the deployment of mission critical applications into physical environments, virtual images or to cloud computing providers. Leveraging patent-pending technology, Phurnace automates web [application deployment](http://www.bmc.com/products/product-listing/bmc-bladelogic-application-release-automation.html) from installation to deployment to upgrades eliminating manual, error-prone processes and delivering tangible ROI within weeks. Phurnace Software, Inc. was founded in 2007 and is based in Austin, Texas. As of the nine months ended December 31, 2009, Phurnace Software Inc. operates as a subsidiary of BMC Software Inc.
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