Northwest Venture Associates

Northwest Venture Associates was a venture capital firm located in Seattle, Washington, known for partnering with entrepreneurs and management teams to develop valuable businesses through internal growth and strategic mergers and acquisitions. The firm specialized in small and medium-sized enterprises with significant growth potential, distinguishing itself by applying established business principles and fostering alignment among founders, management, and investors. However, Northwest Venture Associates is no longer active in raising funds or making new investments.

Jean Balek-Miner

Administrative Director

Joe Herzog

Managing Director, CFO

32 past transactions

CareCloud

Series A in 2011
CareCloud Corporation is a healthcare information technology company based in Miami, Florida, founded in 2009. It specializes in cloud-based solutions, offering a comprehensive suite of services that includes practice management, electronic health records, revenue cycle management, and patient engagement tools. CareCloud caters to various medical specialties such as dermatology, family practice, ophthalmology, podiatry, rheumatology, and urology. By leveraging its innovative software-as-a-service platforms, the company aims to enhance profitability, streamline workflows, and improve patient care for medical groups across the United States. CareCloud's data-driven tools provide actionable insights, facilitating effective management of the financial and administrative aspects of healthcare delivery. The company currently manages over $4 billion in annualized accounts receivable on its integrated clinical and financial platform. As of early 2020, CareCloud operates as a subsidiary of MTBC, Inc.

Vigilos

Venture Round in 2009
Founded in March 2000 and headquartered in Seattle, Washington, Vigilos is an experienced company with proven technology, veteran industry leadership and strong growth. The Vigilos team is comprised of software designers and developers, technology executives and experts in physical security and operations. Vigilos is an independent company that has received approximately $18 million dollars in private investments, much of it from individual investors along with some portion in venture capital. Over the last five years, the company has amassed eight awarded patents and 26 patents pending on its technologies.

Action Engine

Series E in 2007
Action Engine is a software development, design, and data services agency that specializes in creating agile solutions to enhance business competitiveness through actionable intelligence. The company offers a browserless client/server platform, which serves as a foundational framework for developing and deploying application packs. These application packs facilitate intuitive and personalized access to content across various domains. Action Engine's key offerings include mobile advertising, mobile search, social networking, and mobile entertainment, positioning the company as a versatile provider in the technology landscape.

World Wide Packets

Venture Round in 2007
World Wide Packets, Inc. is a manufacturer of communications network equipment based in Spokane Valley, Washington. Established in 1999, the company specializes in providing carrier Ethernet products and solutions designed for the delivery of various services, including Internet protocol television, voice over Internet protocol, and virtual private LAN service. Its product offerings include LightningEdge service access, service concentrators, and Ethernet switches, which facilitate the simultaneous transmission of voice, data, and video to both business and residential subscribers. Additionally, World Wide Packets provides a software infrastructure solution known as the LightningEdge operating system, along with support services such as professional training and customer support. The company serves a diverse clientele that includes carriers, multiple system operators, municipal and utility networks, real estate developers, homeowner associations, and service providers. As of 2008, World Wide Packets operates as a subsidiary of CIENA Corp.

SprayCool

Venture Round in 2007
SprayCool, Inc. specializes in electronics thermal management and environmental isolation solutions, catering primarily to military and industrial clients across airborne, shipboard, and land-based applications. The company offers a range of products, including scalable enclosures for VME or cPCI cards, sealed transit case cooling kits for commercial-grade rack mount products, and custom solutions for data racks and fluid handling. SprayCool also provides consulting services encompassing thermal assessments, product design, system integration, and facility design, along with implementation services like training and diagnostics. Its diverse clientele spans several sectors, including defense, aerospace, telecommunications, oil and gas, automotive, semiconductor fabrication, and commercial markets in the United States. Founded in 1988 and headquartered in Liberty Lake, Washington, SprayCool was previously known as Isothermal Systems Research, Inc.

Estorian

Venture Round in 2006
Estorian, Inc. is a provider of storage resource management solutions, focusing on Fortune 2000 and mid-market customers globally. Established in 1991 and headquartered in Seattle, Washington, the company offers a range of products designed to enhance the management and automation of storage systems. Its key solutions include TSF Professional for mainframe storage management, TSF Disk Manager for monitoring and analyzing DASD issues, and TSF Tape Manager for managing tape media and datasets within z/OS environments. Additionally, Estorian provides TSF HSM Manager for handling hierarchical storage management issues and TSF Automation Manager to proactively resolve storage challenges. The company also offers LookingGlass for email archival and e-discovery, along with storage analytics tools that streamline the administration of distributed and mainframe storage. Estorian has formed strategic partnerships with notable firms such as ASG Technologies and IBM, further solidifying its presence in the storage management landscape.

Vigilos

Venture Round in 2006
Founded in March 2000 and headquartered in Seattle, Washington, Vigilos is an experienced company with proven technology, veteran industry leadership and strong growth. The Vigilos team is comprised of software designers and developers, technology executives and experts in physical security and operations. Vigilos is an independent company that has received approximately $18 million dollars in private investments, much of it from individual investors along with some portion in venture capital. Over the last five years, the company has amassed eight awarded patents and 26 patents pending on its technologies.

IP Fabrics

Series B in 2006
IP Fabrics, Inc. is a US-based company specializing in network visibility, compliance, and analytics solutions for various sectors, including telecommunications, cable, and government agencies. Founded in 2002 and headquartered in Beaverton, Oregon, the company offers a range of products designed for network surveillance and diagnostics. Its product suite includes TunnelBox, a remote traffic access appliance, and DeepProbe, a deep packet inspection device that provides real-time alerts for network events. The DeepSweep appliance supports lawful intercept compliance and enhances network visibility. Additionally, the company offers CyberInsight, an analytics solution for network behavior analysis, as well as an OpenIntelligence software development kit for customizable applications. IP Fabrics serves over 50 customers, including service providers and law enforcement agencies, and provides ongoing support, training, and maintenance for its solutions. As of mid-2015, IP Fabrics operates as a subsidiary of Yaana Technologies, LLC.

World Wide Packets

Series D in 2005
World Wide Packets, Inc. is a manufacturer of communications network equipment based in Spokane Valley, Washington. Established in 1999, the company specializes in providing carrier Ethernet products and solutions designed for the delivery of various services, including Internet protocol television, voice over Internet protocol, and virtual private LAN service. Its product offerings include LightningEdge service access, service concentrators, and Ethernet switches, which facilitate the simultaneous transmission of voice, data, and video to both business and residential subscribers. Additionally, World Wide Packets provides a software infrastructure solution known as the LightningEdge operating system, along with support services such as professional training and customer support. The company serves a diverse clientele that includes carriers, multiple system operators, municipal and utility networks, real estate developers, homeowner associations, and service providers. As of 2008, World Wide Packets operates as a subsidiary of CIENA Corp.

MessageGate

Series B in 2005
MessageGate, Inc. provides enterprise email governance software and services. Its products include MessageGate archive categorization, which enables organizations to archive messages by analyzing email traffic as it is sent and received; MessageGate policy enforcement, a policy management solution that can enforce corporate messaging polices and prevent intentional or inadvertent breaches; email filtering, which detects lies in an email, and analyzes header and connection information contained in inbound email traffic and blocks those that are not truthful; and activity profiles, which provide companies with detailed visibility into their current messaging traffic and their email archive contents. The company also offers operational and forensic email analysis; retrospective email archive categorization; and consulting services. Through its consulting services, MessageGate, Inc. provides assistance in the installation and customization of the MessageGate solutions. MessageGate, Inc. was incorporated in 2001 and is based in Bellevue, Washington.

Pacific Edge Software

Series C in 2004
Pacific Edge Software is a provider of IT governance solutions and project portfolio management services, focused on delivering practical software products and professional services that enable organizations to optimize their IT portfolios. Founded in 1998 and headquartered in Bellevue, Washington, the company helps businesses enhance their planning, evaluation, and alignment of IT initiatives with strategic objectives, thereby maximizing the return on technology investments. By offering a structured portfolio management process, Pacific Edge Software supports organizations across various industries in extending and maturing their governance practices. The company remains privately held and is dedicated to facilitating a fast and effective adoption of their solutions.

Wireless Services Corporation

Series B in 2004
Wireless Services Corporation offers advanced data solutions for wireless carriers.

World Wide Packets

Series C in 2004
World Wide Packets, Inc. is a manufacturer of communications network equipment based in Spokane Valley, Washington. Established in 1999, the company specializes in providing carrier Ethernet products and solutions designed for the delivery of various services, including Internet protocol television, voice over Internet protocol, and virtual private LAN service. Its product offerings include LightningEdge service access, service concentrators, and Ethernet switches, which facilitate the simultaneous transmission of voice, data, and video to both business and residential subscribers. Additionally, World Wide Packets provides a software infrastructure solution known as the LightningEdge operating system, along with support services such as professional training and customer support. The company serves a diverse clientele that includes carriers, multiple system operators, municipal and utility networks, real estate developers, homeowner associations, and service providers. As of 2008, World Wide Packets operates as a subsidiary of CIENA Corp.

World Wide Packets

Series C in 2004
World Wide Packets, Inc. is a manufacturer of communications network equipment based in Spokane Valley, Washington. Established in 1999, the company specializes in providing carrier Ethernet products and solutions designed for the delivery of various services, including Internet protocol television, voice over Internet protocol, and virtual private LAN service. Its product offerings include LightningEdge service access, service concentrators, and Ethernet switches, which facilitate the simultaneous transmission of voice, data, and video to both business and residential subscribers. Additionally, World Wide Packets provides a software infrastructure solution known as the LightningEdge operating system, along with support services such as professional training and customer support. The company serves a diverse clientele that includes carriers, multiple system operators, municipal and utility networks, real estate developers, homeowner associations, and service providers. As of 2008, World Wide Packets operates as a subsidiary of CIENA Corp.

Confirma

Venture Round in 2003
Confirma is the only company that develops and markets an MRI-CAD system, CADstream, revolutionizing MRI study analysis and reporting through automated and standardized processing. CADstream automates the analysis and interventional guidance of MRI studies, providing higher quality imaging studies, lower costs for radiology practices and improved communication tools for physicians and patients. CADstream can be integrated into any workflow scenario and is compatible with all MRI scanners and PACS.

TeleSym

Series B in 2003
TeleSym's software enables voice calling from mobile computers on wireless networks.

MessageGate

Series A in 2003
MessageGate, Inc. provides enterprise email governance software and services. Its products include MessageGate archive categorization, which enables organizations to archive messages by analyzing email traffic as it is sent and received; MessageGate policy enforcement, a policy management solution that can enforce corporate messaging polices and prevent intentional or inadvertent breaches; email filtering, which detects lies in an email, and analyzes header and connection information contained in inbound email traffic and blocks those that are not truthful; and activity profiles, which provide companies with detailed visibility into their current messaging traffic and their email archive contents. The company also offers operational and forensic email analysis; retrospective email archive categorization; and consulting services. Through its consulting services, MessageGate, Inc. provides assistance in the installation and customization of the MessageGate solutions. MessageGate, Inc. was incorporated in 2001 and is based in Bellevue, Washington.

Fidesic

Venture Round in 2003
Fidesic specializes in automating financial processes related to payables, receivables, and payments for mid-market businesses. The company offers electronic invoicing and payment solutions that integrate seamlessly with various financial systems, including Microsoft Dynamics GP and D365 Business Central. By automating manual tasks such as invoice receipt, generation, approval, and payment processes, Fidesic helps businesses save time and reduce costs. Its real-time platform enhances the experience for employees, customers, and vendors, leading to improved service and stronger relationships. Additionally, Fidesic's technology provides better financial visibility, enabling companies to make informed decisions and optimize working capital. Recognized as a "Best of the Web" service in a prominent financial industry publication, Fidesic continues to deliver value to its clients by streamlining their financial operations.

NetMotion Software

Series B in 2002
NetMotion Software is a technology company focused on enhancing the productivity of mobile workforces for businesses and government agencies. Its primary product, Mobility, is a mobile VPN solution that ensures seamless and optimized data connections for mobile workers as they navigate varying wireless coverage areas and switch between networks. The platform provides IT decision-makers with comprehensive intelligence and control over devices, applications, and networks, facilitating a superior mobile user experience. With over 1,400 organizations, including major public utilities, healthcare providers, and public safety entities, relying on its solutions, NetMotion Software plays a critical role in accelerating business-critical applications and improving operational efficiencies in dynamic work environments.

Pet's Choice

Venture Round in 2002
Pet's Choice is a company that owns and operates a network of companion animal veterinary hospitals across the United States, specifically serving regions in Arizona, Oklahoma, Texas, and Washington. Founded in 1996 and based in Bellevue, Washington, the organization provides a wide range of veterinary services, including general care, dentistry, emergency and critical care, internal medicine, neurology, radiology, and surgery. The facilities are designed to offer routine and ongoing care for pets, ensuring comprehensive health management for companion animals.

Vigilos

Series A in 2002
Founded in March 2000 and headquartered in Seattle, Washington, Vigilos is an experienced company with proven technology, veteran industry leadership and strong growth. The Vigilos team is comprised of software designers and developers, technology executives and experts in physical security and operations. Vigilos is an independent company that has received approximately $18 million dollars in private investments, much of it from individual investors along with some portion in venture capital. Over the last five years, the company has amassed eight awarded patents and 26 patents pending on its technologies.

TeraCloud

Series A in 2002
TeraCloud Corporation, founded in 1991 and based in Bellevue, Washington, specializes in managed IT and business services, offering a range of cloud technology solutions including Microsoft Azure, Office 365, Microsoft Dynamics, and support for remote workers. The company is notable for being the first to provide a unified storage resource management (SRM) solution that caters to both distributed and mainframe storage environments. Its enterprise software allows Fortune 1000 companies to efficiently manage their mission-critical data across various platforms such as direct attached, SAN, and NAS storage, down to file-level details for individual users. TeraCloud’s hardware-independent solution integrates management across multiple systems, including UNIX variants and others, from a single centralized console.

Action Engine

Series B in 2002
Action Engine is a software development, design, and data services agency that specializes in creating agile solutions to enhance business competitiveness through actionable intelligence. The company offers a browserless client/server platform, which serves as a foundational framework for developing and deploying application packs. These application packs facilitate intuitive and personalized access to content across various domains. Action Engine's key offerings include mobile advertising, mobile search, social networking, and mobile entertainment, positioning the company as a versatile provider in the technology landscape.

NetMotion Software

Venture Round in 2001
NetMotion Software is a technology company focused on enhancing the productivity of mobile workforces for businesses and government agencies. Its primary product, Mobility, is a mobile VPN solution that ensures seamless and optimized data connections for mobile workers as they navigate varying wireless coverage areas and switch between networks. The platform provides IT decision-makers with comprehensive intelligence and control over devices, applications, and networks, facilitating a superior mobile user experience. With over 1,400 organizations, including major public utilities, healthcare providers, and public safety entities, relying on its solutions, NetMotion Software plays a critical role in accelerating business-critical applications and improving operational efficiencies in dynamic work environments.

Confirma

Series B in 2000
Confirma is the only company that develops and markets an MRI-CAD system, CADstream, revolutionizing MRI study analysis and reporting through automated and standardized processing. CADstream automates the analysis and interventional guidance of MRI studies, providing higher quality imaging studies, lower costs for radiology practices and improved communication tools for physicians and patients. CADstream can be integrated into any workflow scenario and is compatible with all MRI scanners and PACS.

Wireless Services Corporation

Venture Round in 2000
Wireless Services Corporation offers advanced data solutions for wireless carriers.

Imandi

Series B in 2000
Headquartered in Redmond, WA, imandi.com was formed by Microsoft alumni Raghav Kher and Eric Johnson in November 1998. At Microsoft, Kher was Director of Strategic Business Decisions and orchestrated the company's acquisition of Hotmail, while Johnson was a lead developer within Microsoft Research for several leading-edge applications. Kher's proven expertise in marketing and business development complements Johnson's track record in software innovation.

Action Engine Corp

Series A in 2000
At Action Engine, we're charting unexplored territory on all fronts. Our mobile commerce service application is groundbreaking and so is the way we're building our team. We're a company of driven and passionate people, and are committed to creating a total work environment that supports our ability to build a one-of-a-kind product. Our management team's track records speak for themselves - leaders creating new products and bringing them to market. Along with the rest of the Action Engine family - software development and testing, business development, finance and accounting, human resources and marketing - we bring to life a truly collaborative work ethic. For instance, developers are valuable resources when thinking through marketing tactics, and business development managers often collaborate with program managers concerning ways to effectively integrate merchant partners. No one person can do it alone. When we reach the summit, it will be because the group set up a fantastic base camp for Action Engine - one in which everyone contributes and pulls their weight.

Pacific Edge Software

Series B in 2000
Pacific Edge Software is a provider of IT governance solutions and project portfolio management services, focused on delivering practical software products and professional services that enable organizations to optimize their IT portfolios. Founded in 1998 and headquartered in Bellevue, Washington, the company helps businesses enhance their planning, evaluation, and alignment of IT initiatives with strategic objectives, thereby maximizing the return on technology investments. By offering a structured portfolio management process, Pacific Edge Software supports organizations across various industries in extending and maturing their governance practices. The company remains privately held and is dedicated to facilitating a fast and effective adoption of their solutions.

ContractorHub.com

Series B in 2000
ContractorHub.com operates as a business-to-business e-commerce exchange specifically tailored for the construction industry. Its e-marketplace facilitates the procurement and payment processes, offering contractors, subcontractors, and suppliers seamless access to a national marketplace. The platform emphasizes the efficiency of secured and automated transactions, allowing users to enhance operational effectiveness and optimize profit margins. By simplifying the complexities of construction-related transactions, ContractorHub.com aims to support businesses in achieving growth and improving overall performance within the sector.

Imandi

Series A in 1999
Headquartered in Redmond, WA, imandi.com was formed by Microsoft alumni Raghav Kher and Eric Johnson in November 1998. At Microsoft, Kher was Director of Strategic Business Decisions and orchestrated the company's acquisition of Hotmail, while Johnson was a lead developer within Microsoft Research for several leading-edge applications. Kher's proven expertise in marketing and business development complements Johnson's track record in software innovation.

Pacific Edge Software

Series A in 1999
Pacific Edge Software is a provider of IT governance solutions and project portfolio management services, focused on delivering practical software products and professional services that enable organizations to optimize their IT portfolios. Founded in 1998 and headquartered in Bellevue, Washington, the company helps businesses enhance their planning, evaluation, and alignment of IT initiatives with strategic objectives, thereby maximizing the return on technology investments. By offering a structured portfolio management process, Pacific Edge Software supports organizations across various industries in extending and maturing their governance practices. The company remains privately held and is dedicated to facilitating a fast and effective adoption of their solutions.
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