GrandBanks Capital is a venture capital firm founded in 2000 and based in Needham, Massachusetts. Specializing in early-stage investments, the firm focuses on sectors such as wireless and mobile technologies, digital media, web-based commerce, cloud services, storage, and financial technologies. With a team that collectively boasts over 100 years of experience in venture capital and senior operations, GrandBanks Capital is recognized for its ability to identify and nurture emerging technologies with significant potential. The firm has a strong reputation within the venture capital community, having actively contributed to the growth of numerous successful companies in its target sectors. GrandBanks Capital continues to invest in promising startups, building a diverse portfolio that reflects its commitment to fostering innovation and entrepreneurship in the eastern United States.
Chief Administrative Officer and Administrative Partner
78 past transactions
Beamable
Series A in 2025
Beamable is a creator-centric platform designed to assist game developers in building, shipping, and operating their games efficiently. It allows developers to easily integrate social, commerce, and content management features into their games using drag-and-drop prefabs within Unity. The platform also includes a web portal that enables developers to manage events, leaderboards, and player data. By simplifying these processes, Beamable helps developers enhance revenue and reduce operating costs while fostering community engagement around their games. The company focuses on creating socially-driven gaming experiences that resonate with dedicated fan communities and iconic properties.
Beamable
Venture Round in 2021
Beamable is a creator-centric platform designed to assist game developers in building, shipping, and operating their games efficiently. It allows developers to easily integrate social, commerce, and content management features into their games using drag-and-drop prefabs within Unity. The platform also includes a web portal that enables developers to manage events, leaderboards, and player data. By simplifying these processes, Beamable helps developers enhance revenue and reduce operating costs while fostering community engagement around their games. The company focuses on creating socially-driven gaming experiences that resonate with dedicated fan communities and iconic properties.
Beamable
Venture Round in 2021
Beamable is a creator-centric platform designed to assist game developers in building, shipping, and operating their games efficiently. It allows developers to easily integrate social, commerce, and content management features into their games using drag-and-drop prefabs within Unity. The platform also includes a web portal that enables developers to manage events, leaderboards, and player data. By simplifying these processes, Beamable helps developers enhance revenue and reduce operating costs while fostering community engagement around their games. The company focuses on creating socially-driven gaming experiences that resonate with dedicated fan communities and iconic properties.
Later
Series B in 2018
Later is a social and influencer marketing service that provides a comprehensive social media management platform, including a first-to-market link-in-bio tool. Established in 2014, Later has evolved from its origins as Mavrck, an influencer marketing solution, into a unified business aimed at empowering creativity and facilitating monetization through social media. The company partners with major social platforms such as Meta, TikTok, X/Twitter, LinkedIn, YouTube, and Pinterest to enable seamless integrations. Later’s platform allows social media managers, influencer managers, and creators to collaborate effectively, producing high-performing content that enhances audience engagement and drives predictable return on investment. By focusing on authentic content creation and meaningful collaborations, Later aspires to build a robust community and support brands in achieving reliable performance and growth in a competitive digital landscape.
Dispatch
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.
Cobalt Software
Venture Round in 2018
Cobalt Software, Inc. is a financial technology company based in Boston, Massachusetts, specializing in software solutions for private equity and venture capital firms. Founded in 2011, the company offers a range of tools designed to analyze, benchmark, and monitor private market data and fund performance. Their primary products include the Fund Launch, which validates performance track records for potential investors; the Performance Calculator, which compares fund and portfolio performance against peers and market indices; and the Deal Calculator, which provides insights on operational changes in portfolio companies and their impact on returns. Cobalt Software's offerings facilitate performance reporting, cash flow tracking, manager selection, and benchmarking, thereby enhancing the decision-making processes of finance, management, and investor relations teams. The company has established a strategic partnership with Hamilton Lane to further enhance its service capabilities.
Dispatch
Series A in 2017
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.
Beamable
Series B in 2017
Beamable is a creator-centric platform designed to assist game developers in building, shipping, and operating their games efficiently. It allows developers to easily integrate social, commerce, and content management features into their games using drag-and-drop prefabs within Unity. The platform also includes a web portal that enables developers to manage events, leaderboards, and player data. By simplifying these processes, Beamable helps developers enhance revenue and reduce operating costs while fostering community engagement around their games. The company focuses on creating socially-driven gaming experiences that resonate with dedicated fan communities and iconic properties.
Cobalt Software
Series A in 2016
Cobalt Software, Inc. is a financial technology company based in Boston, Massachusetts, specializing in software solutions for private equity and venture capital firms. Founded in 2011, the company offers a range of tools designed to analyze, benchmark, and monitor private market data and fund performance. Their primary products include the Fund Launch, which validates performance track records for potential investors; the Performance Calculator, which compares fund and portfolio performance against peers and market indices; and the Deal Calculator, which provides insights on operational changes in portfolio companies and their impact on returns. Cobalt Software's offerings facilitate performance reporting, cash flow tracking, manager selection, and benchmarking, thereby enhancing the decision-making processes of finance, management, and investor relations teams. The company has established a strategic partnership with Hamilton Lane to further enhance its service capabilities.
Later
Series A in 2015
Later is a social and influencer marketing service that provides a comprehensive social media management platform, including a first-to-market link-in-bio tool. Established in 2014, Later has evolved from its origins as Mavrck, an influencer marketing solution, into a unified business aimed at empowering creativity and facilitating monetization through social media. The company partners with major social platforms such as Meta, TikTok, X/Twitter, LinkedIn, YouTube, and Pinterest to enable seamless integrations. Later’s platform allows social media managers, influencer managers, and creators to collaborate effectively, producing high-performing content that enhances audience engagement and drives predictable return on investment. By focusing on authentic content creation and meaningful collaborations, Later aspires to build a robust community and support brands in achieving reliable performance and growth in a competitive digital landscape.
Dispatch
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.
Defense Mobile
Series A in 2015
Defense Mobile Corporation is a mobile operator that provides 4G LTE wireless services, specifically catering to veterans, military service members, and their families. Founded in 2013 and based in Stamford, Connecticut, the company offers a range of smartphones from leading brands such as Apple, Samsung, and Motorola. In addition to its wireless services, Defense Mobile features a mobile application platform that includes Milisource, which helps users identify benefits from state veterans departments and veteran service organizations; Milicash, a mobile banking app with a prepaid MasterCard that offers cash back rewards and discounts; and Milimail, an email service designed for transitioning military personnel. The company's mission emphasizes delivering value and support to those who have served in the military.
Later
Series A in 2014
Later is a social and influencer marketing service that provides a comprehensive social media management platform, including a first-to-market link-in-bio tool. Established in 2014, Later has evolved from its origins as Mavrck, an influencer marketing solution, into a unified business aimed at empowering creativity and facilitating monetization through social media. The company partners with major social platforms such as Meta, TikTok, X/Twitter, LinkedIn, YouTube, and Pinterest to enable seamless integrations. Later’s platform allows social media managers, influencer managers, and creators to collaborate effectively, producing high-performing content that enhances audience engagement and drives predictable return on investment. By focusing on authentic content creation and meaningful collaborations, Later aspires to build a robust community and support brands in achieving reliable performance and growth in a competitive digital landscape.
Beamable
Series A in 2014
Beamable is a creator-centric platform designed to assist game developers in building, shipping, and operating their games efficiently. It allows developers to easily integrate social, commerce, and content management features into their games using drag-and-drop prefabs within Unity. The platform also includes a web portal that enables developers to manage events, leaderboards, and player data. By simplifying these processes, Beamable helps developers enhance revenue and reduce operating costs while fostering community engagement around their games. The company focuses on creating socially-driven gaming experiences that resonate with dedicated fan communities and iconic properties.
Dispatch
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.
Trilio
Seed Round in 2014
Trilio is a prominent provider of cloud-native data protection solutions specifically designed for Kubernetes, OpenStack, and Red Hat Virtualization environments. The company's flagship technology, TrilioVault, enables cloud infrastructure operators and developers to perform essential functions such as backup and recovery, workload migration, and application mobility. TrilioVault is utilized across various sectors, including telecommunications, defense, automotive, and financial services, allowing organizations to effectively recover from disasters, transition workloads, and migrate to new software distributions. The platform supports comprehensive data protection and management, offering capabilities for restoring entire workloads on-demand, ensuring business continuity in private, public, and hybrid cloud environments.
Infoactive
Venture Round in 2014
InfoActive is an online platform that simplifies the creation of interactive and mobile-friendly infographics for web publishers. By providing advanced data visualization tools, InfoActive enables users to design, create, and share infographics that incorporate live data. This user-friendly application caters to the growing demand for engaging visual content, allowing individuals and organizations to effectively communicate information through visual storytelling.
Coherent Path
Series A in 2014
Coherent Path Inc., founded in 2012 and based in Waltham, Massachusetts, specializes in providing advanced analytics solutions for retailers to enhance customer engagement and drive revenue. The company offers a unique platform that applies mathematical concepts from hyperbolic geometry and dynamics to analyze customer behavior and product interactions. This science-driven approach enables retailers to create personalized customer journeys through sophisticated multi-step offers, fostering deeper relationships and increasing brand differentiation. By transforming email marketing into a data-driven channel, Coherent Path empowers clients to optimize their campaigns, improve customer retention, and maximize lifetime value.
HDmessaging
Venture Round in 2013
HDmessaging is a provider of advanced group messaging applications, offering a comprehensive platform designed for mobile operators and developers. The company specializes in enabling group conversations, media sharing, and location sharing through its white-label solutions. Its fully featured API and open-source clients empower developers to create robust messaging applications with functionalities that include cross-platform access and SMS compatibility. HDmessaging's services are utilized by mobile device manufacturers, network operators, and app developers, facilitating the integration of group messaging into various services and applications. This positions HDmessaging as a key player in the evolving landscape of text messaging technology.
ClearFit
Series A in 2013
ClearFit Inc. operates a web-based platform that utilizes predictive analytics to provide insights for hiring employees and building effective teams. Founded in 2006 and based in Toronto, Canada, ClearFit offers a patented analytics engine that assesses employees' strengths and weaknesses and identifies traits of top performers. The platform equips organizations with valuable information for talent pool development and succession planning. Additionally, ClearFit assists in the recruitment process by aiding in job description creation, job posting, and the identification of suitable candidates. The company serves a diverse range of sectors, including healthcare, banking, insurance, restaurants, hotels, retail, and sales.
Celtra
Series B in 2013
Celtra Inc. is a creative management platform that offers cloud-based, self-service software for managing the lifecycle of digital advertising. Founded in 2006 and headquartered in Boston, Massachusetts, Celtra serves advertisers, publishers, and businesses globally, with additional offices in New York, San Francisco, London, Ljubljana, and Singapore. The company's flagship product, AdCreator 4, enables agencies and brand leaders to create, distribute, and optimize data-driven display advertising campaigns across various screens, including mobile devices, tablets, and desktops. This platform facilitates large-scale and complex campaigns by streamlining ad creation, performance optimization, and consolidated reporting, ensuring that clients can easily access common metrics across all formats. Celtra operates as a subsidiary of The Unilever Group.
Career Spark
Venture Round in 2012
Career Spark is a people prediction platform that uses science and data analytics to make predictions. Their services include career pathing, talent acquisition, employee development, upskilling and reskilling, internal mobility, and workforce planning.
Nexage
Series B in 2012
Nexage specializes in mobile advertising services, focusing on the integration of programmatic technologies to enhance efficiency in the advertising market. The company is recognized for its pioneering contributions, being the first to introduce mobile real-time bidding (RTB), mobile private exchanges, and a data solution known as Nexage Connect. This innovative approach allows premium publishers and advertisers to create customized markets, including open exchanges and programmatic guaranteed markets, to optimize their business strategies. Nexage Connect enables effective targeting and retargeting by providing essential behavioral, contextual, and location data, thereby increasing the value of publishers' audiences. With a global presence, Nexage serves a diverse clientele from offices in major cities such as Boston, New York, San Francisco, and London.
Cobalt LP
Venture Round in 2012
Cobalt LP offers investors real-time data analysis by identifying investment opportunities and taking control of portfolio planning.
SilverRail
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.
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.
EachScape
Series A in 2012
EachScape Inc. is a New York-based company that offers a unique software development platform designed for creating and managing high-quality mobile applications across various operating systems, including iOS, Android, GoogleTV, and HTML5. Founded in 2008, EachScape distinguishes itself by providing a drag-and-drop environment that allows producers, rather than just developers, to build applications without relying on templates. This approach fosters endless design possibilities and ensures that each app is distinctive. The platform enables users to create their own code and building blocks, facilitating seamless integration across different mobile devices. EachScape's clientele includes notable brands and organizations such as NBC, CBS, Scripps, Kellogg's, and Nivea, highlighting its appeal to top companies and agencies seeking customized mobile solutions.
Achievers
Series C in 2011
Achievers is a Toronto-based company that offers a cloud-based Employee Success Platform designed to enhance engagement, alignment, and recognition within modern workplaces. The platform provides an online points-based rewards and recognition system, allowing organizations to effectively monitor employee progress and achievement. Achievers' services are tailored to meet the complex needs of today's workforce, making it a preferred solution for companies around the globe, including notable clients such as Deloitte, CVS Pharmacy, ConAgra Foods, and Microsoft. By focusing on employee satisfaction and success, Achievers aims to foster a more productive and motivated workforce across over 110 countries.
Achievers
Venture Round in 2011
Achievers is a Toronto-based company that offers a cloud-based Employee Success Platform designed to enhance engagement, alignment, and recognition within modern workplaces. The platform provides an online points-based rewards and recognition system, allowing organizations to effectively monitor employee progress and achievement. Achievers' services are tailored to meet the complex needs of today's workforce, making it a preferred solution for companies around the globe, including notable clients such as Deloitte, CVS Pharmacy, ConAgra Foods, and Microsoft. By focusing on employee satisfaction and success, Achievers aims to foster a more productive and motivated workforce across over 110 countries.
SilverRail
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.
InsightSquared
Seed Round in 2011
InsightSquared, Inc. specializes in developing sales performance analytics solutions tailored for software as a service (SaaS) businesses. The company provides a comprehensive Revenue Intelligence Platform that integrates multiple tools, including Tiles for sales analytics and Slate for report building, which analyzes data from various sources to generate actionable insights. InsightSquared's offerings encompass sales development, demand generation, marketing analytics, and staffing analytics, enabling organizations to track key performance indicators, improve conversion rates, and enhance forecast accuracy. Established in 2010 and based in Boston, Massachusetts, with an additional office in Austin, Texas, InsightSquared aims to empower businesses to make informed decisions that promote predictable growth and strengthen their sales pipelines.
Celtra
Series A in 2011
Celtra Inc. is a creative management platform that offers cloud-based, self-service software for managing the lifecycle of digital advertising. Founded in 2006 and headquartered in Boston, Massachusetts, Celtra serves advertisers, publishers, and businesses globally, with additional offices in New York, San Francisco, London, Ljubljana, and Singapore. The company's flagship product, AdCreator 4, enables agencies and brand leaders to create, distribute, and optimize data-driven display advertising campaigns across various screens, including mobile devices, tablets, and desktops. This platform facilitates large-scale and complex campaigns by streamlining ad creation, performance optimization, and consolidated reporting, ensuring that clients can easily access common metrics across all formats. Celtra operates as a subsidiary of The Unilever Group.
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.
KnowledgeVision
Series A in 2010
KnowledgeVision Systems Incorporated, founded in 2010 and based in Concord, Massachusetts, specializes in providing cloud-based tools for creating interactive and multimedia web presentations. The company's platform enables businesses, organizations, and educational institutions to manage, share, and live stream video content efficiently. Its offerings include synchronized video presentations for various purposes such as sales and marketing, product demonstrations, training, and organizational communications. KnowledgeVision's solutions also support periodic financial reporting, virtual roadshows, and interactive white papers. The platform features smart file detection and powerful engagement analytics, allowing users to obtain insights down to the individual viewer level. With its focus on enhancing online media content, KnowledgeVision aims to facilitate collaboration and knowledge sharing across diverse sectors.
OpenExchange
Seed Round in 2010
OpenExchange, Inc., operating as OpenExchange Communications, is a provider of a meeting network tailored for the financial services sector. Founded in 2009 and headquartered in Lincoln, Massachusetts, with additional offices in Boston, New York, London, and Hong Kong, the company delivers a range of products designed to enhance communication within the investment community. Its offerings include OE Connect, OE Stream, OE Conference, and OE Learn, as well as OpenExchange Virtual, which facilitates virtual meetings through desktop videoconferencing technology that operates over any IP network. The platform allows users to create personal online profiles, schedule video meetings, and access a global directory of financial services professionals, thereby supporting investment managers, investment banks, and public companies in their interactions. OpenExchange's solutions aim to improve the efficiency and security of communications in the financial market.
Vela Systems
Series B in 2010
Vela Systems is a provider of construction field software designed to automate and enhance the execution and oversight of field activities for contractors, architects, engineers, and project owners. The software enables users to replace traditional paper-based methods with mobile technology, allowing access to essential documents and tools for completing quality assurance inspections, managing work and punchlists, generating field reports, and updating Building Information Models. This digital approach helps users save considerable time—typically 5-10 hours per week per user—while also accelerating project delivery and improving documentation standards. Vela Systems' software encompasses various functionalities, including materials tracking, safety management, commissioning, and customer service, ultimately aiming to capture the true Cost of Quality and reduce the risk of litigation.
SilverRail
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.
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.
Vivox
Series C in 2010
Vivox, Inc. is a communication technology company based in Natick, Massachusetts, specializing in voice and messaging applications tailored for online gaming and social networking environments. Founded in 2003, Vivox provides an integrated voice platform that allows users to communicate seamlessly while engaging in games or social interactions. Its flagship offerings include C3, which grants control and access for publishers and studios, and Integrated Voice, facilitating real-time communication among players. The company partners with game and social publishers to enhance user engagement through voice services, while also generating revenue through audio advertisements and virtual goods. With over 45 million users across more than 200 countries, Vivox enables the exchange of over three billion voice chat minutes monthly, fostering natural and immersive interactions in digital spaces. Vivox operates as a subsidiary of Unity Technologies, enhancing its reach and capabilities in the gaming industry.
SilverRail
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.
Nexage
Series A in 2009
Nexage specializes in mobile advertising services, focusing on the integration of programmatic technologies to enhance efficiency in the advertising market. The company is recognized for its pioneering contributions, being the first to introduce mobile real-time bidding (RTB), mobile private exchanges, and a data solution known as Nexage Connect. This innovative approach allows premium publishers and advertisers to create customized markets, including open exchanges and programmatic guaranteed markets, to optimize their business strategies. Nexage Connect enables effective targeting and retargeting by providing essential behavioral, contextual, and location data, thereby increasing the value of publishers' audiences. With a global presence, Nexage serves a diverse clientele from offices in major cities such as Boston, New York, San Francisco, and London.
Achievers
Series B in 2009
Achievers is a Toronto-based company that offers a cloud-based Employee Success Platform designed to enhance engagement, alignment, and recognition within modern workplaces. The platform provides an online points-based rewards and recognition system, allowing organizations to effectively monitor employee progress and achievement. Achievers' services are tailored to meet the complex needs of today's workforce, making it a preferred solution for companies around the globe, including notable clients such as Deloitte, CVS Pharmacy, ConAgra Foods, and Microsoft. By focusing on employee satisfaction and success, Achievers aims to foster a more productive and motivated workforce across over 110 countries.
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).
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.
First Coverage
Series B in 2008
FirstCoverage is a privately-held Canadian company in the financial services sector that offers a web-based platform designed for institutional investment firms. The company focuses on enhancing the efficiency and communication within the investment management process by providing software tools that help money managers filter out irrelevant information. This technology is developed in collaboration with both buy-side and sell-side professionals to assist investors in generating alpha more effectively. By minimizing the daily noise that financial professionals encounter, FirstCoverage enables users to concentrate on critical insights and relationships that impact their investment decisions.
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).
Incipient
Series E in 2008
Incipient specializes in developing enterprise-class storage solutions, focusing on storage area networks (SAN), storage virtualization, and automated data migration software. The company provides a range of products, including Incipient Automated Data Migration Software, which facilitates data migration for various projects such as data center relocations and storage array updates. Additionally, Incipient offers the Network Storage Platform Software, integrating storage virtualization technology with management capabilities to enable efficient data movement within SAN environments. The company also provides services related to data migration, automated storage provisioning, data copy, and data protection. Incipient caters to markets involving data migration, storage virtualization, and SAN management, distributing its solutions through channel partners. Founded in 2001, Incipient is headquartered in Waltham, Massachusetts.
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.
Vivox
Series B in 2007
Vivox, Inc. is a communication technology company based in Natick, Massachusetts, specializing in voice and messaging applications tailored for online gaming and social networking environments. Founded in 2003, Vivox provides an integrated voice platform that allows users to communicate seamlessly while engaging in games or social interactions. Its flagship offerings include C3, which grants control and access for publishers and studios, and Integrated Voice, facilitating real-time communication among players. The company partners with game and social publishers to enhance user engagement through voice services, while also generating revenue through audio advertisements and virtual goods. With over 45 million users across more than 200 countries, Vivox enables the exchange of over three billion voice chat minutes monthly, fostering natural and immersive interactions in digital spaces. Vivox operates as a subsidiary of Unity Technologies, enhancing its reach and capabilities in the gaming industry.
Vela Systems
Series A in 2007
Vela Systems is a provider of construction field software designed to automate and enhance the execution and oversight of field activities for contractors, architects, engineers, and project owners. The software enables users to replace traditional paper-based methods with mobile technology, allowing access to essential documents and tools for completing quality assurance inspections, managing work and punchlists, generating field reports, and updating Building Information Models. This digital approach helps users save considerable time—typically 5-10 hours per week per user—while also accelerating project delivery and improving documentation standards. Vela Systems' software encompasses various functionalities, including materials tracking, safety management, commissioning, and customer service, ultimately aiming to capture the true Cost of Quality and reduce the risk of litigation.
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.
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.
Where
Series C in 2007
Where, LLC, a PayPal service, is a prominent location-based media company in North America, boasting over 4 million active users. Its consumer application, WHERE, enables users to discover, save, and share local places by providing relevant information and special offers from nearby merchants. The application is highly ranked across mobile platforms and carriers. Additionally, WHERE Ads serves as the largest mobile advertising network in the region, offering fully geotargetable inventory. This platform effectively connects merchants with nearby consumers who have shown interest in their products, delivering over 1 billion hyper-local ads each month to more than 100 publishers.
First Coverage
Series A in 2006
FirstCoverage is a privately-held Canadian company in the financial services sector that offers a web-based platform designed for institutional investment firms. The company focuses on enhancing the efficiency and communication within the investment management process by providing software tools that help money managers filter out irrelevant information. This technology is developed in collaboration with both buy-side and sell-side professionals to assist investors in generating alpha more effectively. By minimizing the daily noise that financial professionals encounter, FirstCoverage enables users to concentrate on critical insights and relationships that impact their investment decisions.
Colubris Networks
Series E in 2006
Colubris Networks specializes in providing wireless local area network solutions tailored for enterprises and service providers. The company's offerings include the Colubris Wireless MultiService Access Points, which facilitate the establishment of wireless networks with direct source-to-destination traffic forwarding. Additionally, Colubris Networks offers a Wireless Client Bridge that converts non-wireless infrastructure devices into wireless-ready mobile equipment. To further enhance network management, the company provides MultiService Controllers that oversee the configuration and operation of wireless networks. Through these products, Colubris Networks aims to streamline and optimize wireless connectivity for its clients.
TIM Group
Venture Round in 2006
TIM Group is a provider of innovative information technology solutions tailored for the financial services industry. The company specializes in an end-to-end trade ideas network designed for equity sell-side firms, investment banks, and brokerages. Its platform analyzes trade idea performance and offers tools that support regulatory compliance, enabling clients to achieve superior market returns while assisting market insight originators in generating additional revenue. As an employee-owned entity backed by venture capital investors, TIM Group focuses on empowering both buy-side and sell-side firms and administrators to leverage their intellectual property effectively.
Incipient
Series D in 2006
Incipient specializes in developing enterprise-class storage solutions, focusing on storage area networks (SAN), storage virtualization, and automated data migration software. The company provides a range of products, including Incipient Automated Data Migration Software, which facilitates data migration for various projects such as data center relocations and storage array updates. Additionally, Incipient offers the Network Storage Platform Software, integrating storage virtualization technology with management capabilities to enable efficient data movement within SAN environments. The company also provides services related to data migration, automated storage provisioning, data copy, and data protection. Incipient caters to markets involving data migration, storage virtualization, and SAN management, distributing its solutions through channel partners. Founded in 2001, Incipient is headquartered in Waltham, Massachusetts.
Vivox
Series A in 2005
Vivox, Inc. is a communication technology company based in Natick, Massachusetts, specializing in voice and messaging applications tailored for online gaming and social networking environments. Founded in 2003, Vivox provides an integrated voice platform that allows users to communicate seamlessly while engaging in games or social interactions. Its flagship offerings include C3, which grants control and access for publishers and studios, and Integrated Voice, facilitating real-time communication among players. The company partners with game and social publishers to enhance user engagement through voice services, while also generating revenue through audio advertisements and virtual goods. With over 45 million users across more than 200 countries, Vivox enables the exchange of over three billion voice chat minutes monthly, fostering natural and immersive interactions in digital spaces. Vivox operates as a subsidiary of Unity Technologies, enhancing its reach and capabilities in the gaming industry.
Coradiant
Series D in 2005
Coradiant, Inc. specializes in network and website monitoring solutions designed to manage, optimize, and troubleshoot web applications. Founded in 2000, the company focuses on gathering customer metrics from web user visits as the primary data source for its technology management services. Coradiant offers both virtual and physical appliances that passively collect web traffic data, along with a custom software product that provides enhanced performance visibility for web applications accelerated by Akamai. Its clientele spans various industries, including software-as-a-service, e-commerce, entertainment, finance, insurance, healthcare, and education.
Colubris Networks
Series C in 2005
Colubris Networks specializes in providing wireless local area network solutions tailored for enterprises and service providers. The company's offerings include the Colubris Wireless MultiService Access Points, which facilitate the establishment of wireless networks with direct source-to-destination traffic forwarding. Additionally, Colubris Networks offers a Wireless Client Bridge that converts non-wireless infrastructure devices into wireless-ready mobile equipment. To further enhance network management, the company provides MultiService Controllers that oversee the configuration and operation of wireless networks. Through these products, Colubris Networks aims to streamline and optimize wireless connectivity for its clients.
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.
Incipient
Series C in 2005
Incipient specializes in developing enterprise-class storage solutions, focusing on storage area networks (SAN), storage virtualization, and automated data migration software. The company provides a range of products, including Incipient Automated Data Migration Software, which facilitates data migration for various projects such as data center relocations and storage array updates. Additionally, Incipient offers the Network Storage Platform Software, integrating storage virtualization technology with management capabilities to enable efficient data movement within SAN environments. The company also provides services related to data migration, automated storage provisioning, data copy, and data protection. Incipient caters to markets involving data migration, storage virtualization, and SAN management, distributing its solutions through channel partners. Founded in 2001, Incipient is headquartered in Waltham, Massachusetts.
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.
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.
Where
Series B in 2004
Where, LLC, a PayPal service, is a prominent location-based media company in North America, boasting over 4 million active users. Its consumer application, WHERE, enables users to discover, save, and share local places by providing relevant information and special offers from nearby merchants. The application is highly ranked across mobile platforms and carriers. Additionally, WHERE Ads serves as the largest mobile advertising network in the region, offering fully geotargetable inventory. This platform effectively connects merchants with nearby consumers who have shown interest in their products, delivering over 1 billion hyper-local ads each month to more than 100 publishers.
Coradiant
Series C in 2004
Coradiant, Inc. specializes in network and website monitoring solutions designed to manage, optimize, and troubleshoot web applications. Founded in 2000, the company focuses on gathering customer metrics from web user visits as the primary data source for its technology management services. Coradiant offers both virtual and physical appliances that passively collect web traffic data, along with a custom software product that provides enhanced performance visibility for web applications accelerated by Akamai. Its clientele spans various industries, including software-as-a-service, e-commerce, entertainment, finance, insurance, healthcare, and education.
Colubris Networks
Series B in 2004
Colubris Networks specializes in providing wireless local area network solutions tailored for enterprises and service providers. The company's offerings include the Colubris Wireless MultiService Access Points, which facilitate the establishment of wireless networks with direct source-to-destination traffic forwarding. Additionally, Colubris Networks offers a Wireless Client Bridge that converts non-wireless infrastructure devices into wireless-ready mobile equipment. To further enhance network management, the company provides MultiService Controllers that oversee the configuration and operation of wireless networks. Through these products, Colubris Networks aims to streamline and optimize wireless connectivity for its clients.
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.
Where
Series A in 2003
Where, LLC, a PayPal service, is a prominent location-based media company in North America, boasting over 4 million active users. Its consumer application, WHERE, enables users to discover, save, and share local places by providing relevant information and special offers from nearby merchants. The application is highly ranked across mobile platforms and carriers. Additionally, WHERE Ads serves as the largest mobile advertising network in the region, offering fully geotargetable inventory. This platform effectively connects merchants with nearby consumers who have shown interest in their products, delivering over 1 billion hyper-local ads each month to more than 100 publishers.
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.
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 B in 2003
Coradiant, Inc. specializes in network and website monitoring solutions designed to manage, optimize, and troubleshoot web applications. Founded in 2000, the company focuses on gathering customer metrics from web user visits as the primary data source for its technology management services. Coradiant offers both virtual and physical appliances that passively collect web traffic data, along with a custom software product that provides enhanced performance visibility for web applications accelerated by Akamai. Its clientele spans various industries, including software-as-a-service, e-commerce, entertainment, finance, insurance, healthcare, and education.
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.
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.
OutStart
Venture Round in 2002
OutStart specializes in social business software and learning systems designed to enhance organizational efficiency and agility. The company offers a range of products, including Evolution LCMS, a learning content management system that facilitates the development and management of learning content. Another key product is ForceTen LCMS, which helps organizations comply with regulations while boosting employee performance and productivity. Additionally, OutStart provides Participate, an enterprise social software platform that harnesses both formal and informal knowledge within organizations. The Desktop Development Suite, which includes OutStart Trainer, allows for the rapid creation of eLearning materials. Through these offerings, OutStart aims to connect individuals with the necessary knowledge and resources to optimize their work processes.
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.
Concentric Visions
Series B in 2001
Multimedia internet applications activating through clickable videos.
Coradiant
Venture Round in 2001
Coradiant, Inc. specializes in network and website monitoring solutions designed to manage, optimize, and troubleshoot web applications. Founded in 2000, the company focuses on gathering customer metrics from web user visits as the primary data source for its technology management services. Coradiant offers both virtual and physical appliances that passively collect web traffic data, along with a custom software product that provides enhanced performance visibility for web applications accelerated by Akamai. Its clientele spans various industries, including software-as-a-service, e-commerce, entertainment, finance, insurance, healthcare, and education.
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