Millennium Technology Value Partners

Millennium Technology Value Partners is a New York-based private equity firm, incorporated in 1995, that specializes in investments in financial technology companies across the United States. The firm has established itself as a pioneer in the venture capital ecosystem by developing alternative liquidity programs that provide institutional-quality solutions for companies and shareholders. By collaborating with leading technology firms, Millennium designs innovative investment structures that support long-term growth, encompassing various forms of financing such as growth capital, debt financing, and secondary liquidity. Through its strategic approach, Millennium aims to enhance the financial landscape for technology-driven enterprises.

Dan Burstein

Co-Founder and Managing Partner

Cassandra Carothers

Senior Associate

Ray Cheng

Partner

Jay Chong

Managing Partner, New Horizons

Jay Chong

Partner

Jonathan Glass

CFO

Joseph Kao

Principal

Samuel L. Schwerin

Co-Founder, Managing Partner

Sharadh Sivamani

Associate

57 past transactions

May Mobility

Series D in 2023
May Mobility, Inc. is an autonomous vehicle company focused on transforming urban transportation through the development and operation of driverless shuttle services. Founded in 2017 and based in Ann Arbor, Michigan, the company utilizes six-passenger electric vehicles that navigate mapped routes to provide micro-transit services for enterprise and municipal clients. By analyzing traffic patterns and commuter flows, May Mobility designs optimal routes that enhance public transit systems. Their autonomous shuttles aim to minimize human error in driving, reduce pollution, and improve economic benefits for communities and riders. The company offers a fleet operation service that contributes to creating safer, more efficient, and accessible transportation solutions.

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. The company specializes in providing a cybersecurity solution that utilizes deep learning technology to offer on-device and real-time detection and prevention of advanced persistent threats and zero-day attacks. Its platform is designed to protect various mobile devices, endpoints, and operating systems against unknown and evasive cyber threats, regardless of whether they are connected to the network or the Internet. By leveraging the predictive capabilities of deep learning, Deep Instinct enables enterprises to identify and block cyber-attacks in real-time, ensuring comprehensive protection and reducing the risks associated with malware and other threats.

Strella Biotechnology

Series A in 2022
Strella Biotechnology, Inc. is a Philadelphia-based company that designs and manufactures sensor-based devices aimed at maximizing the freshness of produce throughout the supply chain. Founded in 2018 by Jacob Jordan and Katherine Sizov, the company specializes in ethylene detection technology, which assesses the ripeness of fruit by measuring the ethylene gas emitted during ripening. This innovation helps to optimize the produce supply chain by providing critical data that reduces spoilage and enhances the management of fresh produce. Strella Biotechnology leverages its patented technology to support efficiency and maintain quality in food distribution.

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 focused on transforming urban transportation through the development and operation of driverless shuttle services. Founded in 2017 and based in Ann Arbor, Michigan, the company utilizes six-passenger electric vehicles that navigate mapped routes to provide micro-transit services for enterprise and municipal clients. By analyzing traffic patterns and commuter flows, May Mobility designs optimal routes that enhance public transit systems. Their autonomous shuttles aim to minimize human error in driving, reduce pollution, and improve economic benefits for communities and riders. The company offers a fleet operation service that contributes to creating safer, more efficient, and accessible transportation solutions.

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 highly automated and fully autonomous driving solutions, headquartered in Silicon Valley, California, with operations in the U.S. and Germany. The company develops AI-based autonomous driving software that addresses the driving intelligence challenge, utilizing an advanced autonomy technology platform. This platform is designed to enable safe, high-performance, and affordable autonomous vehicles at scale, employing a comprehensive 360-degree sensing system that integrates radar, LiDAR, and cameras for object detection. Plus collaborates with leading vehicle manufacturers, fleets, and technology companies worldwide, contributing to safer, more comfortable, and sustainable driving experiences. The company has garnered recognition for its innovative technology and business progress from multiple industry awards and publications.

Ziva Dynamics

Seed Round in 2020
Ziva Dynamics Inc., founded in 2015 and based in North Vancouver, Canada, specializes in developing advanced software for virtual character creation and human simulation. The company's innovative technology platform enables the design of high-fidelity virtual humans and characters that behave realistically according to the laws of physics and anatomy. By leveraging robust machine learning processes, Ziva's technology automates the character creation process, allowing seamless transitions of characters from film and television into interactive environments such as video games, virtual reality (VR), augmented reality (AR), and mixed reality (MR). Ziva Dynamics aims to transform the character creation landscape by providing tools that enhance control, speed, and capabilities for media and entertainment industries, ultimately facilitating more engaging and immersive visual experiences.

Phantom AI

Series A in 2020
Phantom AI, Inc. specializes in developing advanced driver-assistance systems (ADAS) and artificial intelligence solutions for autonomous vehicles. Based in Burlingame, California, the company offers a suite of products, including PhantomVision, a deep learning-based computer vision solution that complies with Euro NCAP standards, enabling the detection of vehicles, pedestrians, cyclists, and traffic signals. Additionally, Phantom AI provides PhantomFusion, which integrates data from various sensors such as cameras, radar, and LiDAR to create a comprehensive environmental model. Their PhantomDrive solution focuses on ensuring safe vehicle movement by predicting the behavior of detected objects. By delivering a modular, software-based platform, Phantom AI allows original equipment manufacturers (OEMs) and Tier 1 suppliers to customize their integration of these technologies, aiming to reduce accidents, enhance driving experiences, and advance the development of self-driving technology.

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. The company specializes in providing a cybersecurity solution that utilizes deep learning technology to offer on-device and real-time detection and prevention of advanced persistent threats and zero-day attacks. Its platform is designed to protect various mobile devices, endpoints, and operating systems against unknown and evasive cyber threats, regardless of whether they are connected to the network or the Internet. By leveraging the predictive capabilities of deep learning, Deep Instinct enables enterprises to identify and block cyber-attacks in real-time, ensuring comprehensive protection and reducing the risks associated with malware and other threats.

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 construction intelligence platform that provides real estate investors, owners, developers, and general contractors with real-time visibility and actionable insights into construction activities, productivity, and risks. Founded in 2017, the company operates offices in San Francisco and Toronto, serving clients across the United States, Canada, Hong Kong, and Brazil. INDUS.AI employs a cloud-based 3D computer vision platform that utilizes live video streams from secure IP cameras to identify inefficiencies on construction sites. This technology enables project managers and general contractors to optimize labor, equipment, and materials while offering real-time project controls to address over-billed charges and schedule discrepancies. By enhancing safety, efficiency, and transparency, INDUS.AI aims to transform construction site management and improve overall project outcomes.

Aurora

Series B in 2019
Aurora is a self-driving vehicle company providing a platform that brings software and data services to operate passenger vehicles. To move both people and goods, the company develops Aurora Driver, a platform that brings together software, hardware, and data services to operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. Aurora is backed by Amazon and Sequoia, among others, and partners with industry leaders including Toyota, Uber, Volvo, and Paccar. Aurora tests its vehicles in the Bay Area, Pittsburgh, and Dallas. The company has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Wixom, MI.

May Mobility

Series A in 2019
May Mobility, Inc. is an autonomous vehicle company focused on transforming urban transportation through the development and operation of driverless shuttle services. Founded in 2017 and based in Ann Arbor, Michigan, the company utilizes six-passenger electric vehicles that navigate mapped routes to provide micro-transit services for enterprise and municipal clients. By analyzing traffic patterns and commuter flows, May Mobility designs optimal routes that enhance public transit systems. Their autonomous shuttles aim to minimize human error in driving, reduce pollution, and improve economic benefits for communities and riders. The company offers a fleet operation service that contributes to creating safer, more efficient, and accessible transportation solutions.

Acceptto

Series A in 2018
Acceptto Corporation is a cybersecurity company that specializes in continuous identity access protection and real-time threat analytics. Established in 2013 and headquartered in Portland, Oregon, with additional offices in Vancouver, Canada, Washington, D.C., and Lisbon, Portugal, Acceptto has developed the eGuardian platform. This platform utilizes Biobehavioral AI and machine learning to analyze user behavior, transactions, and application activity, creating enriched user profiles for more accurate identity verification. By employing intelligent Passwordless Continuous Authentication technology, Acceptto eliminates the need for traditional passwords or tokens, reducing the risk of identity access fraud. Its solutions are designed to monitor and analyze various user parameters, enhancing security across web, mobile, workstation, and IoT applications. The company serves clients across multiple sectors, including healthcare, education, and financial services, and has received several awards for its innovative contributions to cybersecurity.

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 specializes in an audio-based fitness application providing personalized training sessions. Founded in 2014 and based in New York, the company offers a diverse range of workouts, including running, indoor cycling, and yoga, all delivered through a format that pairs expert trainer guidance with motivating music. This approach allows users to engage in fitness activities whenever and wherever they choose, enhancing their ability to achieve personal fitness goals. Aaptiv has garnered over 230,000 paying members who have collectively completed more than 20 million classes since the platform's inception. In addition to its mobile application, Aaptiv also sells fitness apparel and accessories online, further expanding its presence in the fitness industry.

Blackmore Sensors and Analytics

Series B in 2018
Blackmore Sensors and Analytics Inc., established in 2016 and based in Bozeman, Montana, specializes in frequency-modulated continuous wave (FMCW) lidar technology and associated analytic tools. The company focuses on measuring radial velocity for every data point, enhancing the accuracy and reliability of lidar imaging. As of May 2019, Blackmore operates as a subsidiary of Aurora Innovation, Inc., expanding its capabilities within the autonomous vehicle and sensor technology sectors.

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. specializes in developing advanced driver-assistance systems (ADAS) and artificial intelligence solutions for autonomous vehicles. Based in Burlingame, California, the company offers a suite of products, including PhantomVision, a deep learning-based computer vision solution that complies with Euro NCAP standards, enabling the detection of vehicles, pedestrians, cyclists, and traffic signals. Additionally, Phantom AI provides PhantomFusion, which integrates data from various sensors such as cameras, radar, and LiDAR to create a comprehensive environmental model. Their PhantomDrive solution focuses on ensuring safe vehicle movement by predicting the behavior of detected objects. By delivering a modular, software-based platform, Phantom AI allows original equipment manufacturers (OEMs) and Tier 1 suppliers to customize their integration of these technologies, aiming to reduce accidents, enhance driving experiences, and advance the development of self-driving technology.

Blackmore Sensors and Analytics

Series A in 2016
Blackmore Sensors and Analytics Inc., established in 2016 and based in Bozeman, Montana, specializes in frequency-modulated continuous wave (FMCW) lidar technology and associated analytic tools. The company focuses on measuring radial velocity for every data point, enhancing the accuracy and reliability of lidar imaging. As of May 2019, Blackmore operates as a subsidiary of Aurora Innovation, Inc., expanding its capabilities within the autonomous vehicle and sensor technology sectors.

Jumio

Venture Round in 2016
Jumio is an AI-driven platform specializing in digital identity management and authentication to combat fraud and financial crimes. The Jumio KYX Platform provides a suite of identity proofing services designed to establish, maintain, and reaffirm trust throughout the customer journey, from account creation to ongoing transaction monitoring. Utilizing advanced technologies such as artificial intelligence, biometrics, machine learning, and liveness detection, Jumio enables organizations to expedite customer onboarding while ensuring compliance with regulatory standards like KYC, AML, and GDPR. The company has successfully verified over 300 million identities across more than 200 countries and territories, serving a diverse range of sectors including financial services, digital currency, retail, travel, and online gaming. Founded in 2016 by Daniel Mattes and Robert Prigge, Jumio is headquartered in Palo Alto, California.

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. The company specializes in providing a cybersecurity solution that utilizes deep learning technology to offer on-device and real-time detection and prevention of advanced persistent threats and zero-day attacks. Its platform is designed to protect various mobile devices, endpoints, and operating systems against unknown and evasive cyber threats, regardless of whether they are connected to the network or the Internet. By leveraging the predictive capabilities of deep learning, Deep Instinct enables enterprises to identify and block cyber-attacks in real-time, ensuring comprehensive protection and reducing the risks associated with malware and other threats.

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 leading independent provider of commodity exchange traded products (ETPs) and offers a diverse range of equity, alternative, and currency ETPs. The company made history in 2003 by launching the first physically-backed gold ETP and has since expanded its offerings to include over 300 different ETPs that provide exposure to various commodities, currencies, and equities on major global exchanges. With a strong focus on accessible investment solutions, ETF Securities enables investors to diversify their portfolios beyond traditional asset classes. As of the end of 2012, the company managed nearly $30 billion in assets invested in its ETPs, reflecting its established reputation among investors seeking alternative investment opportunities.

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. is an educational services company that operates a direct-to-student learning platform aimed at supporting learners from high school through college and into their careers. Founded in 2005 and headquartered in Santa Clara, California, Chegg offers a variety of tools and resources designed to assist students in mastering academic concepts, completing assignments, and managing their educational expenses. Its primary offerings include Chegg Study, which provides study help; Chegg Writing, which assists with citation and writing tasks; and Chegg Tutors, which connects students with live tutors. The platform also features Chegg Math, a problem-solving tool, and Thinkful, a skills-based learning platform for professional development in fields such as software engineering and data science. Additionally, Chegg rents and sells print textbooks and eTextbooks, and offers services related to college admissions, scholarships, and internships. Overall, Chegg aims to enhance the student learning experience and facilitate academic success.

OpenPeak

Venture Round in 2010
OpenPeak is a mobility technology provider that specializes in creating comprehensive managed systems and solutions for enterprises, small and medium-sized businesses, and sectors such as education and healthcare. The company focuses on enabling the remote provisioning and management of mobile devices and applications. Its Advanced Device and Application Management (ADAM™) suite includes three main components: SANCTION™, SECTOR™, and OPENSHOP™, which can be used independently or collectively as a holistic solution for device, application, and profile management. Additionally, OpenPeak develops a mobile cybersecurity software platform that enhances data security for government, enterprise, and educational institutions by protecting personal mobile devices, company-liable devices, 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 specializing in shoes. In addition to shoes they sell handbags, clothing, eyewear, watches and accessories. The company is currently based in Henderson, NV, with a warehouse in Shepherdsville, KY. In addition, Zappos has a small number of brick-and-mortar outlet stores. The name Zappos is derived from the Spanish word zapatos, meaning shoes.

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 focused on protecting enterprises, managed security service providers, and government agencies. The company offers a vendor-neutral platform that enables intelligent identification and prioritization of risks associated with external security threats, insider threats, and compliance breaches. ArcSight's flagship ESM solution acts as a centralized command center, effectively collecting and analyzing millions of events from diverse infrastructures to distill essential information for informed decision-making. By integrating with various security and networking products, ArcSight enhances the visibility of potential risks that may otherwise remain undetected. Its comprehensive suite also includes solutions for high-performance log management, network configuration management, and threat response management, creating a closed-loop process to address both security and compliance needs in real time.

NxtWave Communications

Series D in 2001
NxtWave Communications Inc. focuses on the design and marketing of integrated circuits tailored for the telecommunications industry. The company's products are essential for various applications, including digital televisions, digital video recorders, personal computers, and cable modems. By providing high-performing, feature-rich, and cost-effective semiconductors, NxtWave enables manufacturers to enhance their broadband communication capabilities. Their commitment to error-free video and data communications positions them as a key player in the broadband sector.

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 technology. Its flagship product, the Annotate Detector, launched in 1999, is a browser companion that improves web navigation by providing users with contextual content in real time. In December 2000, Annotate.net released Version 2.0, which expanded its features to include contextual commerce, a new user interface, and advanced auto-classification technology. This development aims to aid digital marketers, advertising networks, web publishers, and ISPs by enabling behavior-based targeting and precision marketing. The company was incubated within Edwin Schlossberg, Inc., a design firm specializing in interactive media, and has garnered funding from various investors, including Millennium Technology Ventures and notable figures from Silicon Alley.

MightyWords

Venture Round in 2000
MightyWords is the new secure digital marketplace for unique written content.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.