Millennium Technology Value Partners

Millennium Technology Value Partners, established in 2002 and based in New York, is a private equity firm specializing in financial technology investments. It focuses on the United States market, targeting companies in the artificial intelligence, machine learning, robotics, and sensors sectors. The firm's expertise lies in creating institutional-quality alternative liquidity programs, fostering long-term growth for companies and shareholders in the venture capital ecosystem.

Dan Burstein

Founder, Managing Partner

Cassandra Carothers

Senior Associate

Ray Cheng

Managing Partner, New Horizons

Jay Chong

Managing Partner, New Horizons

Jay Chong

Partner

Jonathan Glass

CFO

Joseph Kao

Partner

Samuel L. Schwerin

Co-Founder and Managing Partner

Sharadh Sivamani

Associate

57 past transactions

May Mobility

Series D in 2023
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Deep Instinct

Venture Round in 2022
Deep Instinct Ltd. is a cybersecurity company founded in 2014 and headquartered in Tel Aviv, Israel, with an additional office in New York, New York. The company specializes in developing advanced cybersecurity solutions that utilize artificial intelligence and deep learning technology to detect and prevent zero-day threats and advanced persistent threat attacks in real-time. Its platform offers comprehensive protection across various mobile devices, endpoints, and operating systems, regardless of whether they are connected to a network or the Internet. By leveraging deep learning's predictive capabilities, Deep Instinct enables enterprises to safeguard their infrastructures against unknown and evasive cyber threats, identifying and blocking attacks before they can cause harm.

Strella Biotechnology

Series A in 2022
Strella Biotechnology, founded in 2018 and headquartered in Philadelphia, Pennsylvania, focuses on enhancing the freshness of produce throughout the supply chain. The company specializes in designing and manufacturing sensors that detect ethylene gas, a key indicator of ripeness in fruits. By measuring ethylene production, Strella's technology helps optimize freshness and minimize spoilage. The company leverages its proprietary sensing technology to provide valuable data for improving supply chain management in the food industry.

Syntiant

Series D in 2022
Syntiant specializes in developing neuromorphic semiconductors that bring artificial intelligence and machine learning capabilities directly to edge devices, reducing reliance on cloud-based processing. The company's advanced chip solutions combine deep learning with semiconductor design to create ultra-low-power, high-performance processors for deep neural networks. These processors are ideal for always-on applications in battery-powered devices such as smartphones, smart speakers, earbuds, hearing aids, and laptops, enabling the development of AI technology for sensor, voice, and video applications across a wide range of products.

May Mobility

Series C in 2022
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Mendel.ai

Series A in 2021
Mendel is a clinical AI platform for life sciences and healthcare organizations that deciphers health data with clinician-like logic. It indexes structured and unstructured data and replaces the complexity of querying with the simplicity of chatting.

Plus

Series D in 2021
Plus is a global provider of automated and fully autonomous driving solutions, headquartered in Silicon Valley, California, with operations in the U.S. and Germany. The company specializes in AI-based autonomous driving software, utilizing large AI models to deliver safe, high-performance, and cost-effective autonomous vehicles at scale. Plus’s open autonomy technology platform powers vehicles currently in commercial use and incorporates advanced sensing technologies such as radar, LiDAR, and cameras to create a comprehensive 360-degree sensing system for object detection. Collaborating with leading vehicle manufacturers, fleets, and technology companies worldwide, Plus is committed to enhancing the safety, comfort, and sustainability of driving. The company has received numerous accolades for its innovative technology and business progress from various industry organizations.

Ziva Dynamics

Seed Round in 2020
Ziva Dynamics Inc. is a North Vancouver-based software company founded in 2015 by James Jacobs, Dr. Jernej Barbic, and Chris Godsall. The company specializes in developing advanced character creation and human simulation software designed for various digital media applications. Its proprietary Ziva Character Platform utilizes real-world physics and anatomy simulations to create realistic virtual characters that move and react authentically. By harnessing robust machine learning processes, Ziva Dynamics automates the character creation workflow, allowing for high-fidelity character transfers from film and television to interactive formats such as video games, virtual reality, augmented reality, and mixed reality. The company aims to revolutionize the character development process, providing greater control and efficiency for media businesses and studios in producing engaging virtual experiences.

Phantom AI

Series A in 2020
Phantom AI, Inc. is a technology company based in Burlingame, California, focused on developing advanced driver-assistance systems (ADAS) for autonomous vehicles. Founded in 2016, the company offers a range of innovative solutions, including PhantomVision, a deep learning-based computer vision system that supports the detection of vehicles, pedestrians, cyclists, and traffic signals. Additionally, Phantom AI provides PhantomFusion, a sensor fusion platform that integrates data from various sensors like cameras, radar, LiDAR, and ultrasonic devices to create a comprehensive environmental model. The company also features PhantomDrive, a vehicle control solution that ensures safe and natural vehicle movement by accurately predicting the motion of detected objects. By delivering high-performance AI solutions at a competitive price, Phantom AI aims to democratize access to ADAS technology, ultimately enhancing safety and driving enjoyment while laying the groundwork for future self-driving capabilities.

Deep Instinct

Series C in 2020
Deep Instinct Ltd. is a cybersecurity company founded in 2014 and headquartered in Tel Aviv, Israel, with an additional office in New York, New York. The company specializes in developing advanced cybersecurity solutions that utilize artificial intelligence and deep learning technology to detect and prevent zero-day threats and advanced persistent threat attacks in real-time. Its platform offers comprehensive protection across various mobile devices, endpoints, and operating systems, regardless of whether they are connected to a network or the Internet. By leveraging deep learning's predictive capabilities, Deep Instinct enables enterprises to safeguard their infrastructures against unknown and evasive cyber threats, identifying and blocking attacks before they can cause harm.

PrecisionHawk

Series E in 2019
PrecisionHawk Inc. is a technology company that specializes in providing drones, sensors, and software solutions tailored for various industries, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company has established additional locations in Texas, Indiana, Canada, Virginia, and Colorado. PrecisionHawk combines unmanned aerial systems with remote sensing technologies and advanced data analytics to enhance business operations and decision-making processes. Its platform offers an end-to-end solution for aerial data collection, processing, and analysis, delivering actionable insights through its proprietary software tools. The company also owns DataMapper, a software for aerial data management, Terraserver, a satellite imagery provider, and LATAS, a platform focused on low-altitude traffic and airspace safety for drones.

INDUS.AI

Series A in 2019
INDUS.AI is a leading provider of construction intelligence solutions, established in 2017, with offices in San Francisco and Toronto. The company offers a cloud-based platform that leverages 3D computer vision technology, utilizing live video streams from secure IP cameras to deliver real-time visibility and actionable insights into construction site activities. This platform enables real estate investors, owners, developers, and general contractors to identify inefficiencies, manage risks, and enhance productivity on their projects. By providing tools for project control, INDUS.AI helps clients optimize labor, equipment, and materials, ultimately aiming to improve safety, efficiency, and transparency within the construction industry. The company serves clients across the United States, Canada, Hong Kong, and Brazil.

Aurora

Series B in 2019
Aurora Innovation develops advanced software and hardware products for self-driving vehicles, aiming to transform the movement of people and goods. Founded in 2016 and headquartered in Palo Alto, California, the company operates additional offices in the Bay Area, Bozeman, Pittsburgh, and Dallas. Its primary offering, the Aurora Driver, is a scalable self-driving system capable of operating various vehicle types, including freight-hauling trucks and ride-hailing passenger vehicles. This technology supports Aurora's driver-as-a-service products, Aurora Horizon and Aurora Connect, catering to trucking and ride-hailing sectors. By integrating rigorous engineering with applied machine learning, Aurora Innovation seeks to create a comprehensive transportation ecosystem that connects automakers, logistics services, and mobility providers.

May Mobility

Series A in 2019
May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Acceptto

Series A in 2018
Acceptto Corporation is a cybersecurity company focused on providing advanced security solutions through its innovative platform, eGuardian. Founded in 2013 and headquartered in Portland, Oregon, with additional offices in Vancouver, Canada, and Lisbon, Portugal, Acceptto specializes in continuous identity access protection and real-time threat analytics. The company's technology employs Biobehavioral AI/ML-powered authentication to monitor user behavior, transactions, and application activity, creating enriched user profiles for enhanced security. By utilizing intelligent Passwordless Continuous Authentication, Acceptto eliminates the need for traditional passwords, reducing vulnerabilities while ensuring legitimate access. The company serves clients across various sectors, including healthcare, education, and financial services, and has received multiple awards for its contributions to the cybersecurity field.

GrubMarket

Series B in 2018
GrubMarket, Inc. is an online marketplace that connects sellers with customers by offering a wide range of food and related products at wholesale prices. Founded in 2014 and based in San Francisco, California, GrubMarket specializes in organic, vegan, gluten-free items, fresh produce, snacks, beverages, pantry staples, home goods, health and beauty products, and items for pets and children. The company sources food from local farms, fisheries, commercial kitchens, and restaurants, emphasizing quality and sustainability. In addition to its marketplace, GrubMarket provides a Software-as-a-Service platform designed for food delivery services and also features a gaming application called GrubMarket FarmBox. As a significant player in the B2B eCommerce sector of the American food supply chain, GrubMarket leverages artificial intelligence to enhance its services and operations.

Aaptiv

Series C in 2018
Aaptiv Inc. is a digital health company that has revolutionized fitness with its audio-based application, providing personalized training sessions for users. Founded in 2014 and based in New York, Aaptiv offers a diverse range of workouts, including running, indoor cycling, elliptical training, and yoga, all featuring expert guidance paired with motivating music. This format allows users to engage in classes at their convenience, making it easier to stay focused on their fitness goals. With over 230,000 paying members and more than 20 million classes completed, Aaptiv combines flexibility and expert instruction to enhance users' workout experiences. In addition to its digital offerings, the company also sells fitness apparel and accessories online. Aaptiv was previously known as Skyfit Sports, Inc. and adopted its current name in November 2016.

Blackmore Sensors and Analytics

Series B in 2018
Blackmore Sensors and Analytics Inc. specializes in frequency-modulated continuous wave (FMCW) Lidar technology, providing advanced imaging and analytic tools designed to measure radial velocity at every data point. Founded in 2016 and based in Bozeman, Montana, the company focuses on enhancing the capabilities of Lidar systems through innovative software solutions. As of May 2019, Blackmore operates as a subsidiary of Aurora Innovation, Inc., expanding its reach and technological expertise in the field of sensor analytics and autonomous vehicle applications.

Fair

Series A in 2018
Fair is a car leasing company headquartered in Santa Monica, California, founded in 2016. The company has developed a mobile application that facilitates vehicle leasing services, allowing users to shop for, get approved for, and pay for a car directly from their smartphones using only a driver's license and a bank account. Fair's platform offers customers the flexibility to choose their desired vehicle, select mileage options, and manage payments all within the app. This innovative approach embodies the car-as-a-service (CaaS) model, providing individuals with the freedom to drive the car they want for as long as they wish, while also allowing them the option to return the vehicle at any time without the long-term commitments typically associated with traditional vehicle financing or leasing.

onxMaps

Series A in 2018
onXmaps, Inc. is a Montana-based company that specializes in developing mapping applications for outdoor enthusiasts, particularly hunters. Founded in 2009 and located in Missoula, onXmaps offers products such as onX Hunt and onX Offroad, which provide detailed maps that include marked property boundaries, landowner names, and navigation capabilities, even in offline mode. The company aggregates extensive nationwide data on property ownership, trails, and permitted land use, enabling users to access customized information tailored to their outdoor activities. Its maps are compatible with a variety of devices, including Apple and Android smartphones and tablets, desktop computers, and Garmin GPS devices. Through continuous feedback from users, onXmaps has expanded its offerings to cater to a broader audience in the outdoor recreation sector.

PrecisionHawk

Series D in 2018
PrecisionHawk Inc. is a technology company that specializes in providing drones, sensors, and software solutions tailored for various industries, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company has established additional locations in Texas, Indiana, Canada, Virginia, and Colorado. PrecisionHawk combines unmanned aerial systems with remote sensing technologies and advanced data analytics to enhance business operations and decision-making processes. Its platform offers an end-to-end solution for aerial data collection, processing, and analysis, delivering actionable insights through its proprietary software tools. The company also owns DataMapper, a software for aerial data management, Terraserver, a satellite imagery provider, and LATAS, a platform focused on low-altitude traffic and airspace safety for drones.

Phantom AI

Seed Round in 2017
Phantom AI, Inc. is a technology company based in Burlingame, California, focused on developing advanced driver-assistance systems (ADAS) for autonomous vehicles. Founded in 2016, the company offers a range of innovative solutions, including PhantomVision, a deep learning-based computer vision system that supports the detection of vehicles, pedestrians, cyclists, and traffic signals. Additionally, Phantom AI provides PhantomFusion, a sensor fusion platform that integrates data from various sensors like cameras, radar, LiDAR, and ultrasonic devices to create a comprehensive environmental model. The company also features PhantomDrive, a vehicle control solution that ensures safe and natural vehicle movement by accurately predicting the motion of detected objects. By delivering high-performance AI solutions at a competitive price, Phantom AI aims to democratize access to ADAS technology, ultimately enhancing safety and driving enjoyment while laying the groundwork for future self-driving capabilities.

Blackmore Sensors and Analytics

Series A in 2016
Blackmore Sensors and Analytics Inc. specializes in frequency-modulated continuous wave (FMCW) Lidar technology, providing advanced imaging and analytic tools designed to measure radial velocity at every data point. Founded in 2016 and based in Bozeman, Montana, the company focuses on enhancing the capabilities of Lidar systems through innovative software solutions. As of May 2019, Blackmore operates as a subsidiary of Aurora Innovation, Inc., expanding its reach and technological expertise in the field of sensor analytics and autonomous vehicle applications.

Jumio

Venture Round in 2016
Jumio is a technology company based in Palo Alto, California, founded by Daniel Mattes and Robert Prigge in 2016. It specializes in remote identity verification using advanced AI, biometrics, machine learning, and automation to combat fraud and financial crime. The Jumio KYX Platform offers services for establishing, maintaining, and reasserting trust throughout the customer lifecycle, from onboarding to transaction monitoring. It has verified over 300 million identities from around the world in real-time web and mobile transactions, serving various sectors such as financial services, digital currency, retail, travel, and online gaming. Jumio's solutions help businesses fight fraud, onboard good customers faster, and meet regulatory compliance requirements including KYC, AML, and GDPR.

Deep Instinct

Series A in 2016
Deep Instinct Ltd. is a cybersecurity company founded in 2014 and headquartered in Tel Aviv, Israel, with an additional office in New York, New York. The company specializes in developing advanced cybersecurity solutions that utilize artificial intelligence and deep learning technology to detect and prevent zero-day threats and advanced persistent threat attacks in real-time. Its platform offers comprehensive protection across various mobile devices, endpoints, and operating systems, regardless of whether they are connected to a network or the Internet. By leveraging deep learning's predictive capabilities, Deep Instinct enables enterprises to safeguard their infrastructures against unknown and evasive cyber threats, identifying and blocking attacks before they can cause harm.

PrecisionHawk

Series C in 2016
PrecisionHawk Inc. is a technology company that specializes in providing drones, sensors, and software solutions tailored for various industries, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company has established additional locations in Texas, Indiana, Canada, Virginia, and Colorado. PrecisionHawk combines unmanned aerial systems with remote sensing technologies and advanced data analytics to enhance business operations and decision-making processes. Its platform offers an end-to-end solution for aerial data collection, processing, and analysis, delivering actionable insights through its proprietary software tools. The company also owns DataMapper, a software for aerial data management, Terraserver, a satellite imagery provider, and LATAS, a platform focused on low-altitude traffic and airspace safety for drones.

Janrain

Series D in 2015
Janrain, Inc. is a leading provider of customer identity and access management (CIAM) solutions, renowned for developing the Janrain Identity Cloud, a comprehensive platform that enables real-time identity management, security, and customer activation for enterprises globally. Founded in 2002 and headquartered in Portland, Oregon, Janrain has established itself as a pioneer in the CIAM market, being the inventor of social login and a founding member of the OpenID Foundation. The company's technology allows organizations to streamline user login processes and gain insights into customer behavior by analyzing social and login data, thereby minimizing fraud. Janrain serves a diverse range of sectors, including consumer brands, financial services, healthcare, and retail, and has expanded its presence with offices across the United States, Europe, and Asia. As of early 2019, Janrain operates as a subsidiary of Akamai Technologies, further enhancing its capabilities in identity management.

Chef Software

Series E in 2015
Chef Software is a leading provider of Continuous Automation software based in Seattle, Washington. Renowned for its role in the DevOps movement, Chef collaborates with over a thousand innovative companies globally to facilitate digital transformation. Its flagship product, Chef Automate, integrates infrastructure and application management, enabling enterprises to swiftly and securely build, deploy, and manage applications across various environments. Additionally, Chef's Habitat product enhances application automation, supporting diverse release scenarios and modernization initiatives. The InSpec tool aids organizations in maintaining compliance and security during cloud migration through a 'Detect, Correct, Automate' strategy. Chef's open-source solutions allow users to define infrastructure as code, ensuring configurations are flexible, version-controlled, and easily readable. By continuously evaluating and correcting configuration states, Chef ensures consistent application management, thus empowering development, operations, and security teams to enhance their software delivery processes effectively.

BetterCloud

Series D in 2015
BetterCloud, Inc. specializes in cloud office solutions, focusing on SaaS management for organizations globally. Founded in 2012 and headquartered in New York, with an additional location in Atlanta, BetterCloud provides a centralized platform that offers insights into employee SaaS adoption, streamlining IT decision-making and license management across various applications. The company's services include user lifecycle management, data discovery, security automation, and IT automation. Its automation engine, Workflows, orchestrates complex processes, ensuring accuracy and compliance. BetterCloud also features platform APIs for securing SaaS ecosystems and tools for content scanning across major platforms such as Google Drive, Microsoft SharePoint, and Slack. Serving a diverse range of sectors, including healthcare, education, and technology, BetterCloud empowers IT professionals to enhance productivity and security while managing an increasingly complex landscape of SaaS applications.

Kik

Series C in 2014
Kik, founded in 2009 by a group of University of Waterloo students, is a mobile messaging application based in Waterloo, Ontario. The company aims to facilitate connections among users, services, and businesses, particularly targeting a teenage audience. Kik offers features that allow users to share their feelings and engage with friends and family, as well as chatbots for entertainment. With over 300 million registered users, Kik has established itself as a popular messaging platform, with more than 40% of young Americans using it as their primary messaging app. Users typically spend an average of 35 minutes per session within the app, reflecting its strong engagement. The company is supported by notable venture capitalists and has raised significant funding, with Tencent, the creator of WeChat, as a strategic investor.

Inspirato

Series C in 2014
Inspirato LLC is a luxury hospitality company based in Denver, Colorado, that operates a private club offering affluent travelers access to a curated portfolio of high-end vacation options. Founded in 2010 and formerly known as Best of 52, LLC, the company provides members with exclusive access to a collection of luxury vacation residences, including private homes, villas, hotels, and resorts located in desirable destinations worldwide. Inspirato's innovative subscription model ensures that members receive a seamless and dependable travel experience tailored to their needs. The Inspirato Collection features branded luxury properties and accommodations at five-star hotel and resort partners, along with custom travel experiences designed to enhance the luxury travel journey. In 2019, the company introduced the Inspirato Pass, which further simplifies luxury travel by including nightly rates, taxes, and fees in a single subscription.

PrecisionHawk

Series B in 2014
PrecisionHawk Inc. is a technology company that specializes in providing drones, sensors, and software solutions tailored for various industries, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company has established additional locations in Texas, Indiana, Canada, Virginia, and Colorado. PrecisionHawk combines unmanned aerial systems with remote sensing technologies and advanced data analytics to enhance business operations and decision-making processes. Its platform offers an end-to-end solution for aerial data collection, processing, and analysis, delivering actionable insights through its proprietary software tools. The company also owns DataMapper, a software for aerial data management, Terraserver, a satellite imagery provider, and LATAS, a platform focused on low-altitude traffic and airspace safety for drones.

WatchDox

Venture Round in 2013
WatchDox, Inc. is a provider of a cloud-based enterprise file synchronization and sharing platform designed to enable users to access, share, and control critical documents across various devices. Founded in 2007 and headquartered in Palo Alto, California, the company offers a range of services, including cloud storage, secure file sharing, mobile content management, and document security solutions. Its platform supports both software-as-a-service (SaaS) and on-premise deployments, allowing organizations to adopt bring your own device (BYOD) initiatives while ensuring document control and protection. WatchDox serves a diverse array of industries, including construction, finance, healthcare, legal, and technology, facilitating collaboration among partners and enabling remote management of documents. Formerly known as Confidela, Inc., the company rebranded in January 2011 and operates as a subsidiary of BlackBerry Limited as of 2015.

Janrain

Series C in 2013
Janrain, Inc. is a leading provider of customer identity and access management (CIAM) solutions, renowned for developing the Janrain Identity Cloud, a comprehensive platform that enables real-time identity management, security, and customer activation for enterprises globally. Founded in 2002 and headquartered in Portland, Oregon, Janrain has established itself as a pioneer in the CIAM market, being the inventor of social login and a founding member of the OpenID Foundation. The company's technology allows organizations to streamline user login processes and gain insights into customer behavior by analyzing social and login data, thereby minimizing fraud. Janrain serves a diverse range of sectors, including consumer brands, financial services, healthcare, and retail, and has expanded its presence with offices across the United States, Europe, and Asia. As of early 2019, Janrain operates as a subsidiary of Akamai Technologies, further enhancing its capabilities in identity management.

Inspirato

Series B in 2012
Inspirato LLC is a luxury hospitality company based in Denver, Colorado, that operates a private club offering affluent travelers access to a curated portfolio of high-end vacation options. Founded in 2010 and formerly known as Best of 52, LLC, the company provides members with exclusive access to a collection of luxury vacation residences, including private homes, villas, hotels, and resorts located in desirable destinations worldwide. Inspirato's innovative subscription model ensures that members receive a seamless and dependable travel experience tailored to their needs. The Inspirato Collection features branded luxury properties and accommodations at five-star hotel and resort partners, along with custom travel experiences designed to enhance the luxury travel journey. In 2019, the company introduced the Inspirato Pass, which further simplifies luxury travel by including nightly rates, taxes, and fees in a single subscription.

Alibaba Group

Venture Round in 2012
Alibaba Group is the largest online and mobile commerce company globally, primarily known for its extensive e-commerce platforms that connect buyers and sellers. It operates notable marketplaces in China, including Taobao, which focuses on consumer-to-consumer transactions, and Tmall, which caters to business-to-consumer interactions. The company's core business lies in its China commerce retail division, which is a significant source of cash flow. In addition to retail and wholesale transactions, Alibaba also generates revenue from various sectors, including international commerce, local consumer services, cloud computing, digital media and entertainment, and logistics through its Cainiao network. Alibaba's diverse portfolio positions it as a key player across multiple industries, including retail, logistics, and technology.

BeachMint

Venture Round in 2012
BeachMint is a social commerce company that specializes in designer-curated direct-to-consumer sites. Founded by entrepreneurs Josh Berman and Diego Berdakin, BeachMint launched its first brand, JewelMint, in October 2010, followed by several others, including StyleMint, BeautyMint, ShoeMint, HomeMint, and intiMINT, each collaborating with celebrities and experts. These brands operate on a subscription shopping model, providing personalized product recommendations and exclusive items based on the insights of their celebrity partners. The company has secured over $80 million in funding, with notable investors including Accel Partners, Goldman Sachs, and NEA. BeachMint's offerings aim to deliver significant value through a curated selection of products and original content, changing monthly to maintain member engagement.

Hootsuite

Debt Financing in 2011
Hootsuite is a social media management platform that assists businesses in engaging with their customers across various social media channels. The platform provides a comprehensive suite of tools designed to simplify marketing efforts, enhance sales, and improve customer service. Users can create, schedule, publish, and manage content and advertising campaigns from a single, secure web-based dashboard. Hootsuite's features enable organizations to manage all their social media profiles efficiently, discover effective content, and analyze trends through relevant data insights. This functionality helps businesses optimize their social media strategies and connect more effectively with their audiences.

ETF Securities

Secondary Market in 2011
ETF Securities is a prominent independent provider of commodity exchange traded products (ETPs), offering a diverse range of investment solutions that include exchange traded commodities, currencies, and third-generation exchange traded funds. Established as a leader in the sector, the company gained recognition for launching the world's first physically-backed gold ETP in 2003. With a comprehensive portfolio of over 300 ETPs, ETF Securities caters to investors seeking to diversify their portfolios beyond conventional asset classes and strategies. The company has built a reputation for its expertise in alternative investment opportunities, appealing to a broad spectrum of investors worldwide. As of late 2012, assets invested in ETF Securities' ETPs approached $30 billion, reflecting the company's significant impact on the investment landscape.

X (formerly Twitter)

Series F in 2010
Twitter is a social networking platform that facilitates the exchange of micro-blogs, known as "tweets," which can be up to 280 characters in length. Launched in 2006, it allows users to send and read tweets through various means, including web browsers, SMS, and mobile applications. With over 400 million monthly visitors and 255 million active users, Twitter serves as a global real-time communications platform. Its diverse user base includes world leaders, athletes, entertainers, and news organizations, contributing to its role as a significant source of information and engagement. The platform is available in more than 35 languages and has a strong presence in major cities worldwide, with headquarters in San Francisco and offices across the United States and internationally.

Chegg

Series E in 2010
Chegg, Inc., established in 2005 and based in Santa Clara, California, operates a direct-to-student learning platform. It supports students from high school through college and into their careers by offering a range of digital products and services designed to help them succeed academically and financially. These include study tools like Chegg Study and Chegg Math, writing assistance with Chegg Writing, live tutoring through Chegg Tutors, and professional skill development courses via Thinkful. Additionally, Chegg provides print and eTextbooks, as well as other scholastic materials. The company also offers services to universities and community colleges, helping students become smarter, save time and money, and navigate their academic journey more effectively.

OpenPeak

Venture Round in 2010
OpenPeak is a mobility technology provider that specializes in designing comprehensive managed systems and solutions for enterprises, small and medium-sized businesses, as well as education and healthcare sectors. The company offers advanced device and application management through its proprietary suite known as ADAM™, which includes three main components: SANCTION™, SECTOR™, and OPENSHOP™. These components can be utilized independently to enhance existing device and network management setups or integrated as a unified solution for complete device, application, and profile management. Additionally, OpenPeak develops a mobile cybersecurity software platform that ensures data security for government, enterprise, and educational institutions when deployed on both personal and company-owned mobile devices, as well as across various applications and communication services.

NetSpend

Venture Round in 2009
NetSpend is a company that specializes in processing and marketing reloadable prepaid debit cards branded with Visa or MasterCard logos. Its primary customer base consists of the unbanked and underbanked population in the United States, estimated to be around 70 million individuals. NetSpend promotes its products as an alternative to cash, credit, and traditional banking relationships. In addition to its core product, NetSpend offers Visa and MasterCard branded gift cards and a travel money card. The company also provides various services to its cardholders, such as direct deposit, savings accounts, bill payment functionality, card-to-card transfers, personal financial management tools, online and mobile account access, overdraft protection, and complimentary insurance coverage through its issuing banks.

eHarmony

Private Equity Round in 2009
eHarmony, Inc. is an online dating service established in 2000, headquartered in Santa Monica, California. The platform is designed to connect singles through a Compatibility Matching System, which utilizes a comprehensive 250+ item questionnaire to assess compatibility based on various dimensions, including values, character, intellect, humor, and religious beliefs. By analyzing 29 compatibility factors and applying algorithms rooted in 35 years of clinical research, eHarmony aims to facilitate meaningful long-term relationships. The service boasts over 20 million registered users and operates in multiple countries, including the United States, Canada, the United Kingdom, Australia, and Brazil. Notably, the platform claims that an average of 542 users marry each day in the U.S. as a result of its matchmaking efforts, underscoring its impact on contemporary relationships.

Datapipe

Private Equity Round in 2009
Datapipe is a provider of managed hosting, cloud services, and data center solutions designed to manage and secure mission-critical IT services. The company offers a comprehensive range of services, including cloud computing, infrastructure as a service, platform as a service, colocation, business analytics, database management, e-commerce hosting, email hosting, and data protection. Datapipe serves a diverse array of industries, such as financial services, healthcare, manufacturing, government, and media, enabling clients to optimize both critical and everyday IT operations. With a presence in major global markets, including New York, Silicon Valley, London, Hong Kong, and Shanghai, Datapipe has established itself as a significant player in the technology landscape. The company was recognized in Gartner's Magic Quadrant for Cloud Infrastructure as a Service and Web Hosting in 2010, highlighting its commitment to delivering high-quality services.

Zappos

Venture Round in 2009
Zappos is an online retailer based in Henderson, Nevada, specializing in shoes, clothing, handbags, eyewear, watches, and accessories for both men and women. The company derives its name from the Spanish word "zapatos," meaning shoes. In addition to its extensive online offerings, Zappos operates a small number of brick-and-mortar outlet stores and maintains a warehouse in Shepherdsville, Kentucky. Known for its customer-centric approach, Zappos provides services such as free shipping and returns, enhancing the shopping experience for its customers.

Metaweb Technologies

Series B in 2008
Metaweb Technologies develops a community-curated database and semantic data storage infrastructure for the web. The company was founded by Danny Hillis, Veda Hlubinka-Cook, and John Giannandrea

Meta

Series C in 2008
Meta is a social technology company that facilitates connections among individuals, communities, and businesses. Originally founded as Facebook in 2004 by Mark Zuckerberg in Menlo Park, California, the company rebranded to Meta on October 28, 2021, to reflect its broader focus beyond social networking. Meta operates various applications and services, positioning itself as a leader in the social media landscape, with over 1.32 billion monthly active users. The company has continuously evolved, integrating features that enhance user engagement and community building. Meta's strategic initiatives also include partnerships aimed at advancing marketing and commercial efforts in the digital and mobile sectors. As it explores new technologies, including virtual and augmented realities, Meta aims to redefine how people interact and share experiences online.

Metaweb Technologies

Series A in 2006
Metaweb Technologies develops a community-curated database and semantic data storage infrastructure for the web. The company was founded by Danny Hillis, Veda Hlubinka-Cook, and John Giannandrea

ArcSight

Venture Round in 2005
ArcSight is a prominent provider of security and compliance management solutions tailored for enterprises, managed security service providers, and government agencies. The company specializes in identifying and mitigating business risks within complex and varied technology environments. Its flagship solution, ArcSight ESM, functions like a "mission control center" by intelligently aggregating and analyzing millions of events to highlight critical security threats and compliance issues. This vendor-neutral platform integrates numerous security and networking products, enabling organizations to detect risks that may otherwise remain hidden, thereby enhancing the overall value of their technology investments. In addition to its core offerings, ArcSight provides complementary solutions such as ArcSight Logger for high-performance log management, ArcSight NCM for network configuration management, and ArcSight TRM for threat response management. This comprehensive suite allows for a closed-loop process to effectively address both security and compliance needs across diverse infrastructures.

NxtWave Communications

Series D in 2001
NxtWave Communications Inc., established in 1998, specializes in designing and marketing integrated circuits (ICs) for broadband communications. Their products facilitate error-free video and data transmission, serving a wide range of devices including digital televisions, digital video recorders, personal computers, and cable modems. NxtWave's ICs enable manufacturers to incorporate high-performing, feature-rich, and cost-effective semiconductors into their products for efficient broadband communication applications within the telecommunications industry.

Onix Microsystems

Series C in 2001
OniX Microsystems designs, develops, and supplies micro-electro-mechanical systems (MEMS)-based all-optical switching engines for telecommunications equipment suppliers. Its products cover optical switching needs, including network protection and provisioning, optical add and drop multiplexing, and optical cross connects. It also offers MEMS design and photonic packaging services. OniX Microsystems was founded in 1998 and was headquartered in Richmond, California.

RuleSpace

Series C in 2000
RuleSpace, Inc., based in Portland, Oregon, is a privately held company specializing in automated web content recognition technology and services. The company enables internet applications and network appliances to instantly identify and categorize web content, enhancing the delivery of relevant information to users. By utilizing RuleSpace's technology, network access vendors, online marketers, and portals can provide more meaningful and contextually appropriate content as users navigate the web. This approach stands in contrast to traditional human review methods, as RuleSpace's solutions efficiently adapt to the rapid growth of web content, ensuring that information remains current and relevant.

Annotate.net

Series A in 2000
Annotate.net is an information navigation company focused on enhancing web experiences through innovative technologies. Established in 1999, it developed the Annotate Detector, a browser companion that streamlines web navigation by delivering contextual content in real-time to users. The company aimed to improve efficiency and relevance on the internet, catering not only to end users but also to digital marketers, advertising networks, and web publishers. In December 2000, Annotate.net launched Version 2.0 of its technology, which introduced features such as a new merchant channel, improved user interface, and auto-classification capabilities, allowing for advanced behavior-based targeting. Incubated within Edwin Schlossberg, Inc., a design firm specializing in interactive media, Annotate.net has garnered support from notable investors and has established partnerships with major entities in the media and finance sectors.

MightyWords

Venture Round in 2000
MightyWords is the new secure digital marketplace for unique written content.
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