TCV

Believe is a digital distributor focused on supporting independent musicians and labels. It offers expertise, fairness, transparency, and respect throughout the digital distribution process.

Toast is a cloud-based point-of-sale and restaurant-management platform for the food service and hospitality industry. It offers an end-to-end system that combines front-of-house and back-of-house functionality, including tableside ordering, online ordering, delivery tracking, labor management, and real-time reporting. The platform serves a broad range of establishments such as restaurants, bakeries, cafes, bars, nightclubs, and pizzerias, with a focus on mid-market operators primarily in the United States. Toast generates revenue from the sale of restaurant-grade hardware and recurring subscriptions and services tied to transaction volume. As of fiscal 2024, it served approximately 134,000 restaurant locations, and its typical customer generates slightly more than $1 million in annual revenue. The company is headquartered in Boston and maintains additional offices in Portland, Oregon; Omaha, Nebraska; and Dublin, Ireland.

Believe is a digital distributor focused on supporting independent musicians and labels. It offers expertise, fairness, transparency, and respect throughout the digital distribution process.

Toast is a cloud-based point-of-sale and restaurant-management platform for the food service and hospitality industry. It offers an end-to-end system that combines front-of-house and back-of-house functionality, including tableside ordering, online ordering, delivery tracking, labor management, and real-time reporting. The platform serves a broad range of establishments such as restaurants, bakeries, cafes, bars, nightclubs, and pizzerias, with a focus on mid-market operators primarily in the United States. Toast generates revenue from the sale of restaurant-grade hardware and recurring subscriptions and services tied to transaction volume. As of fiscal 2024, it served approximately 134,000 restaurant locations, and its typical customer generates slightly more than $1 million in annual revenue. The company is headquartered in Boston and maintains additional offices in Portland, Oregon; Omaha, Nebraska; and Dublin, Ireland.

KCG Holdings, formed in 2013 through the merger of Getco LLC and Knight Capital Group, is a leading independent market maker that specializes in providing financial services across various asset classes and time zones. The company focuses on market making, high-frequency trading, electronic execution, and institutional sales and trading. KCG combines advanced technology with dedicated client service to offer unique liquidity solutions, reduce transaction costs, and enhance pricing for its clients. By catering to diverse trading needs, KCG builds robust connections that foster efficient and resilient markets globally, ensuring that they deliver tailored solutions for every order, whether through automated systems or voice trading.

Tastytrade is a financial media company based in Chicago, Illinois, founded in 2011, that focuses on empowering individual investors through do-it-yourself investing. The company offers a platform rich in trade and finance-related content, providing actionable information, investment strategies, and entertainment specifically related to options trading and the stock market. Tastytrade aims to educate traders and investors by promoting a logical and mechanical approach to investing, which emphasizes the identification of opportunities based on probability and volatility. By leveraging technology and support, the company encourages its users to take control of their financial futures, moving away from reliance on traditional money managers and automated systems.

Silver Peak Systems, Inc. specializes in broadband and hybrid WAN solutions that enable enterprises and service providers to effectively connect users to applications. The company offers Unity EdgeConnect, a software-defined WAN solution that allows customers to transition to a broadband WAN at their own pace, incorporating both MPLS and broadband Internet connectivity. Their product range includes WAN optimization solutions for branch offices, data centers, and cloud environments, featuring virtual and physical appliances designed to enhance application performance over distance. Additionally, Silver Peak provides replication acceleration solutions to optimize offsite data replication and offers support services to its clients. Founded in 2004 and headquartered in Santa Clara, California, Silver Peak became a subsidiary of Aruba Networks in September 2020 following its acquisition.

Varsity Tutors LLC is a prominent live learning platform that provides private tutorial services across a wide range of subjects. Founded in 2007 and headquartered in Clayton, Missouri, the company connects students with experts for live, personalized instruction. It operates the largest tutoring platform in the United States, offering services in more than 3,000 subjects, tests, and topics. Varsity Tutors facilitates various learning formats, including one-on-one sessions, small groups, and large classes, making quality education accessible at any time and from anywhere. The integration of personalization and artificial intelligence enhances the learning experience, encouraging students to excel and inspiring their creativity.

TripAdvisor is the world's largest travel guidance platform, helping hundreds of millions of users monthly to plan and book trips. It offers over 934 million reviews and opinions on nearly 8 million businesses, including accommodations, restaurants, experiences, airlines, and cruises.

TripAdvisor is the world's largest travel guidance platform, helping hundreds of millions of users monthly to plan and book trips. It offers over 934 million reviews and opinions on nearly 8 million businesses, including accommodations, restaurants, experiences, airlines, and cruises.

Silver Peak Systems, Inc. specializes in broadband and hybrid WAN solutions that enable enterprises and service providers to effectively connect users to applications. The company offers Unity EdgeConnect, a software-defined WAN solution that allows customers to transition to a broadband WAN at their own pace, incorporating both MPLS and broadband Internet connectivity. Their product range includes WAN optimization solutions for branch offices, data centers, and cloud environments, featuring virtual and physical appliances designed to enhance application performance over distance. Additionally, Silver Peak provides replication acceleration solutions to optimize offsite data replication and offers support services to its clients. Founded in 2004 and headquartered in Santa Clara, California, Silver Peak became a subsidiary of Aruba Networks in September 2020 following its acquisition.

Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

Varsity Tutors LLC is a prominent live learning platform that provides private tutorial services across a wide range of subjects. Founded in 2007 and headquartered in Clayton, Missouri, the company connects students with experts for live, personalized instruction. It operates the largest tutoring platform in the United States, offering services in more than 3,000 subjects, tests, and topics. Varsity Tutors facilitates various learning formats, including one-on-one sessions, small groups, and large classes, making quality education accessible at any time and from anywhere. The integration of personalization and artificial intelligence enhances the learning experience, encouraging students to excel and inspiring their creativity.

Believe is a digital distributor focused on supporting independent musicians and labels. It offers expertise, fairness, transparency, and respect throughout the digital distribution process.

Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

Believe is a digital distributor focused on supporting independent musicians and labels. It offers expertise, fairness, transparency, and respect throughout the digital distribution process.

Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

Merkle is a prominent independent customer relationship marketing agency based in Columbia, Maryland. With over 20 years of experience, it partners with Fortune 1000 companies and leading nonprofit organizations to enhance the value of their customer portfolios. Merkle offers a comprehensive range of services, including marketing, technical, analytical, and creative support, to develop and implement Integrated Customer Marketing programs. The agency employs more than 1,000 professionals and maintains offices in major cities such as Boston, Chicago, Denver, and New York. Its approach emphasizes a consultative strategy, allowing clients to effectively design, execute, and evaluate customer relationship management initiatives throughout the buying cycle and across various channels.

Merkle is a prominent independent customer relationship marketing agency based in Columbia, Maryland. With over 20 years of experience, it partners with Fortune 1000 companies and leading nonprofit organizations to enhance the value of their customer portfolios. Merkle offers a comprehensive range of services, including marketing, technical, analytical, and creative support, to develop and implement Integrated Customer Marketing programs. The agency employs more than 1,000 professionals and maintains offices in major cities such as Boston, Chicago, Denver, and New York. Its approach emphasizes a consultative strategy, allowing clients to effectively design, execute, and evaluate customer relationship management initiatives throughout the buying cycle and across various channels.

Merkle is a prominent independent customer relationship marketing agency based in Columbia, Maryland. With over 20 years of experience, it partners with Fortune 1000 companies and leading nonprofit organizations to enhance the value of their customer portfolios. Merkle offers a comprehensive range of services, including marketing, technical, analytical, and creative support, to develop and implement Integrated Customer Marketing programs. The agency employs more than 1,000 professionals and maintains offices in major cities such as Boston, Chicago, Denver, and New York. Its approach emphasizes a consultative strategy, allowing clients to effectively design, execute, and evaluate customer relationship management initiatives throughout the buying cycle and across various channels.

Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

Technical Communities, doing business as TestMart, provides marketing and distribution services focused on government markets. It helps organizations that sell to U.S. government agencies, prime federal contractors, state and local governments, and educational institutions by offering GSA contract management and consulting, sales and channel support, and direct marketing. The company operates online marketplaces and content sites to assist government and prime contractor buyers in locating products and managing procurement, and it acts as an advertising partner for lead generation, brand awareness, and market research. Leveraging a B2B and B2G track record and a proprietary database of millions of prospects, Technical Communities also offers resources for IT certification testing, training, and continuing education. Headquartered in San Bruno, California, the firm focuses on growing sales for customers in government-related markets.

BeVocal, Inc. is a provider of hosted customer automated self-service solutions, primarily serving communications service providers and enterprise call centers. Founded in 1999 and headquartered in Mountain View, California, the company specializes in developing speech-based customer care solutions tailored for the mobile communications market. BeVocal offers an integrated suite of voice and data applications, including speech-enabled call routing and destination applications that facilitate automated service interactions. Its self-service systems empower users to navigate customer service processes independently, thereby reducing the need for live agents. The solutions provided by BeVocal enhance customer satisfaction and drive revenue growth by enabling efficient customer service activation, care, and fulfillment. In 2007, BeVocal became a subsidiary of Nuance Communications, Inc.

Continuous Computing is a provider of integrated platform solutions designed to assist network equipment manufacturers in addressing the mobile broadband capacity challenge efficiently and cost-effectively. With over 20 years of experience in telecom innovation, the company enables its clients to enhance their Return on Investment by allowing them to concentrate on differentiating their offerings in 3G, LTE, Femtocell, and Deep Packet Inspection applications. Continuous Computing stands out for its expertise and responsiveness, uniquely combining advanced ATCA platforms with renowned Trillium protocol software to deliver optimized wireless and packet processing products. The company is actively involved in several industry organizations, including 3GPP, ETSI, and the Femto Forum, reflecting its commitment to advancing telecommunications technology.

Redback Networks, Inc. specializes in advanced telecommunications networking equipment, catering to markets in North America, Europe, the Middle East, Africa, and Asia-Pacific. The company offers a range of products, including the SmartEdge service gateway, which integrates scalable edge routing, Ethernet aggregation, and subscriber management. Additionally, it provides SMS product families that allow service providers and carriers to manage broadband and dial-up subscribers through a unified platform, along with the NetOp policy manager for policy management across its product offerings. Redback Networks' solutions are designed to support service providers in developing Internet protocol-based broadband networks, facilitating high-speed access and services for both consumers and businesses. The company also engages in collaboration agreements with various industry organizations to enhance its offerings and contribute to the telecommunications sector.

Fiberlink Communications Corporation provides mobility as a service (MaaS) that helps enterprises to connect, control, and secure laptops and mobile devices. Its MaaS Platform helps mobile workers to connect to the Internet and the applications and data they need. The company's MaaS platform is used to perform identity management and authentication services; deploy, monitor, and manage security and connectivity applications on laptops and PCs; view information on compliance status, security events, and connectivity costs; and protect mobile devices and the data from loss, theft, data leakage, hackers, and viruses. Its MaaS360 mobility platform manages security and connectivity services on mobile and remote devices, as well as helps administrators to deploy, monitor, update, and remediate various endpoint security and connectivity applications.

WebTone began as a pioneer in the development of advanced call center and Internet capabilities. In 2001, the company acquired The Broadway & Seymour Group, a move that expanded WebTone's core technologies with leading-edge branch and call center automation. WebTone's TouchPoint suite is comprised of a variety of modules that allow institutions to provide efficient, personalized service while taking advantage of opportunities to deepen customer relationships. At the heart of the suite is TouchPoint Enterprise ServicesTM, the architecture that allows consistent communication across all delivery channels and business units.

BeVocal, Inc. is a provider of hosted customer automated self-service solutions, primarily serving communications service providers and enterprise call centers. Founded in 1999 and headquartered in Mountain View, California, the company specializes in developing speech-based customer care solutions tailored for the mobile communications market. BeVocal offers an integrated suite of voice and data applications, including speech-enabled call routing and destination applications that facilitate automated service interactions. Its self-service systems empower users to navigate customer service processes independently, thereby reducing the need for live agents. The solutions provided by BeVocal enhance customer satisfaction and drive revenue growth by enabling efficient customer service activation, care, and fulfillment. In 2007, BeVocal became a subsidiary of Nuance Communications, Inc.

Integral Access engages in developing, manufacturing, and marketing network access systems for communication applications, including integrated voice, and data delivery software and equipment.

CopperCom is a technology company specializing in advanced switching solutions for independent operating companies, competitive local exchange carriers, and Internet service providers. The company focuses on developing next-generation end office solutions that facilitate the integration of voice and data services into a single network. Its flagship product, a call control server, is designed for both circuit-switched and packet/cell-based networks. This innovative server decouples call processing from switching, enabling the development and delivery of features across various network transport protocols. CopperCom's software-based switches, or softswitches, support advanced services, including voice over Internet Protocol (VoIP), thereby enhancing communication capabilities for its clients.

Copper Mountain Networks specializes in the development of digital subscriber line (DSL) communications products that facilitate high-speed broadband connectivity over existing copper phone lines. The company manufactures a range of DSL networking systems, including the VantEdge Access Broadband Remote Access Server, CopperEdge DSL Concentrators, and CopperView Network Management Software Tools. These products are primarily sold directly to local telephone carriers and Internet Service Providers (ISPs) across the United States. Established in 1999, Copper Mountain Networks underwent an initial public offering and was later acquired by Tut Systems in 2005, which itself was acquired by Motorola in 2007.

Continuous Computing is a provider of integrated platform solutions designed to assist network equipment manufacturers in addressing the mobile broadband capacity challenge efficiently and cost-effectively. With over 20 years of experience in telecom innovation, the company enables its clients to enhance their Return on Investment by allowing them to concentrate on differentiating their offerings in 3G, LTE, Femtocell, and Deep Packet Inspection applications. Continuous Computing stands out for its expertise and responsiveness, uniquely combining advanced ATCA platforms with renowned Trillium protocol software to deliver optimized wireless and packet processing products. The company is actively involved in several industry organizations, including 3GPP, ETSI, and the Femto Forum, reflecting its commitment to advancing telecommunications technology.

CoSine Communications, founded in 1998, specializes in developing managed IP service delivery platforms tailored for business IP service providers. Recognizing the commoditization of basic Internet access and IP transport, the company aims to assist service providers in creating value-added services that allow them to differentiate themselves beyond mere cost competition. CoSine previously provided customer support services for an IP service delivery system under a third-party contract and is now exploring opportunities to redeploy its assets through acquisitions of operating businesses.

LogicTier, Inc. went out of business. LogicTier provides e-Business Operations Sourcing for business-critical Internet sites, enabling the consumer to refocus on their core business, increase end-user satisfaction and maximize return on investment. In addition, this company is provider of web site software. Its partners include BEA Systems, Cisco Systems, Level 3 Communications, and Sun Microsystems. Its customers include Duckets, Enigma Digital Radio, IronPlanet.com, and OneName. LogicTier is headquartered in San Mateo, California.

Technical Communities, doing business as TestMart, provides marketing and distribution services focused on government markets. It helps organizations that sell to U.S. government agencies, prime federal contractors, state and local governments, and educational institutions by offering GSA contract management and consulting, sales and channel support, and direct marketing. The company operates online marketplaces and content sites to assist government and prime contractor buyers in locating products and managing procurement, and it acts as an advertising partner for lead generation, brand awareness, and market research. Leveraging a B2B and B2G track record and a proprietary database of millions of prospects, Technical Communities also offers resources for IT certification testing, training, and continuing education. Headquartered in San Bruno, California, the firm focuses on growing sales for customers in government-related markets.

CopperCom is a technology company specializing in advanced switching solutions for independent operating companies, competitive local exchange carriers, and Internet service providers. The company focuses on developing next-generation end office solutions that facilitate the integration of voice and data services into a single network. Its flagship product, a call control server, is designed for both circuit-switched and packet/cell-based networks. This innovative server decouples call processing from switching, enabling the development and delivery of features across various network transport protocols. CopperCom's software-based switches, or softswitches, support advanced services, including voice over Internet Protocol (VoIP), thereby enhancing communication capabilities for its clients.

Ceon Corporation specializes in providing software solutions for communication service providers (CSPs). Founded in 1982 and headquartered in Redwood City, California, Ceon offers products such as Product Control Center, Intelligent Order Manager, Intelligent Activation Server, Adapter Library, and various Service Modules. These products enable CSPs to manage product offerings, handle orders, activate services, develop connectivity adapters, and more. Additionally, Ceon provides services including business analysis, system design, program management, installation support, and post-deployment maintenance. As of 2008, Ceon operates as a subsidiary of Convergys Corporation.

CoreExpress is focused on the development of an internet data-exchange system for the multi-ISP extranet services. CoreExpress was acquired by Wiltel Communications in November 2001. CoreExpress was founded in 1999 and is based in Herndon, Virginia.

Integral Access engages in developing, manufacturing, and marketing network access systems for communication applications, including integrated voice, and data delivery software and equipment.

BeVocal, Inc. is a provider of hosted customer automated self-service solutions, primarily serving communications service providers and enterprise call centers. Founded in 1999 and headquartered in Mountain View, California, the company specializes in developing speech-based customer care solutions tailored for the mobile communications market. BeVocal offers an integrated suite of voice and data applications, including speech-enabled call routing and destination applications that facilitate automated service interactions. Its self-service systems empower users to navigate customer service processes independently, thereby reducing the need for live agents. The solutions provided by BeVocal enhance customer satisfaction and drive revenue growth by enabling efficient customer service activation, care, and fulfillment. In 2007, BeVocal became a subsidiary of Nuance Communications, Inc.

CopperCom is a technology company specializing in advanced switching solutions for independent operating companies, competitive local exchange carriers, and Internet service providers. The company focuses on developing next-generation end office solutions that facilitate the integration of voice and data services into a single network. Its flagship product, a call control server, is designed for both circuit-switched and packet/cell-based networks. This innovative server decouples call processing from switching, enabling the development and delivery of features across various network transport protocols. CopperCom's software-based switches, or softswitches, support advanced services, including voice over Internet Protocol (VoIP), thereby enhancing communication capabilities for its clients.

Ceon Corporation specializes in providing software solutions for communication service providers (CSPs). Founded in 1982 and headquartered in Redwood City, California, Ceon offers products such as Product Control Center, Intelligent Order Manager, Intelligent Activation Server, Adapter Library, and various Service Modules. These products enable CSPs to manage product offerings, handle orders, activate services, develop connectivity adapters, and more. Additionally, Ceon provides services including business analysis, system design, program management, installation support, and post-deployment maintenance. As of 2008, Ceon operates as a subsidiary of Convergys Corporation.

Advanced Switching Communications is a leading provider of broadband services access platforms for next-generation networks. ASC's product family helps service providers deploy broadband services profitably by enabling integrated voice, data and video services and dramatically lowering costs. Designed for cost-effective network aggregation, scalability, quick provisioning and protocol flexibility, hundreds of ASC platforms are currently deployed in mission-critical, commercial applications. Founded September 1997 by Asghar Mostafa, Ron Westernik and Jim Loehndorf, ASC is a privately held company headquartered in Vienna with offices in the US, Canada and Europe.

iBasis, Inc. is a global provider of voice termination and data services, catering to fixed and mobile operators, as well as over-the-top (OTT) and voice-over-broadband service providers. Founded in 1996 and headquartered in Burlington, Massachusetts, the company specializes in a range of voice solutions, including international Voice over LTE, Premium Voice over IPX, and Certified Voice, aimed at enhancing network efficiency and coverage. iBasis also offers comprehensive signaling services, SMS Firewall protection, and roaming integration for mobile operators and mobile virtual network operators. Additionally, the company provides various prepaid solutions, such as retail prepaid calling cards and an online prepaid international calling service. iBasis operates advanced analytics platforms to monitor data traffic and supports its clients with tailored solutions to address connectivity challenges and leverage growth opportunities. As a subsidiary of Tofane Global, iBasis continues to expand its footprint in the international telecommunications market.

CoSine Communications, founded in 1998, specializes in developing managed IP service delivery platforms tailored for business IP service providers. Recognizing the commoditization of basic Internet access and IP transport, the company aims to assist service providers in creating value-added services that allow them to differentiate themselves beyond mere cost competition. CoSine previously provided customer support services for an IP service delivery system under a third-party contract and is now exploring opportunities to redeploy its assets through acquisitions of operating businesses.

LHS is a leading provider of client/server-based billing and customer care solutions to providers of wireless and wireline telecommunications services ("carriers") in the Americas, Europe and Asia. The Company's products enable carriers to compete more effectively in a rapidly growing telecommunications market. The Company's BSCS software is a scaleable, modular billing and customer care solution that can be implemented quickly and can support innovative marketing and pricing of telecommunications services. BSCS has been licensed to approximately 70 carriers in over 25 countries and supports approximately 3.5 million subscribers.

Claremont Technology Group is a provider of systems integration and information technology services. The company specializes in offering technology solutions that enhance and re-engineer critical business processes. Its services include systems integration, development, and outsourcing, utilizing a project management methodology that incorporates reusable object-oriented software modules and transferable design frameworks. Through these offerings, Claremont Technology Group aims to improve operational efficiency and effectiveness for its clients.

Saville Systems provides the telecommunications industry with convergent billing and customer care solutions. Saville Systems was founded in 1982 and is based in Burlington, Massachusetts.