Point Judith Capital News


Evergage Maintains Rapid Growth, Taps into Ecommerce Market

July 29, 2014

Evergage announced today the close of a fantastic first half of 2014 achieving more than 200 percent quarter over quarter (Q/Q) revenue growth for the fourth straight quarter. In addition, the company continued to exceed its sales goals, increase average order value and boost customer lifetime value with upsells and renewals. Evergage also broadened its reach among ecommerce customers, adding top online retailers to its roster this year, including Rue La La, Wayfair and Vision Retailing, as well as LifeSavers, Inc. and Valorebooks.com.

To read the entire press release, click here.


Nexamp’s Solar Power Project at Treasure Valley Means a Bright Future for Area Scouts

July 9, 2014

The Mohegan Council Solar Project at Treasure Valley, an array developed, designed and built by Nexamp was switched on. The six-megawatt installation was initiated by the Boy Scouts in 2011. SunEdison owns the installation and also leases the 35 acres of land it occupies on the Treasure Valley Scout Reservation.

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Evergage Enhances Leadership Team with Andy Zimmerman as Chief Marketing Officer, Arthur Sweetser as Executive Vice President, Chief Customer Officer

Evergage today announced that Andy Zimmerman has been named Chief Marketing Officer (CMO) and Arthur Sweetser has been named Executive Vice President (EVP), Chief Customer Officer (CCO). Following 200 percent consecutive quarter-over-quarter revenue growth since the launch of its platform one year ago, Zimmerman and Sweetser will help further the Evergage mission to make the technology, expertise and business value of automated, personalized marketing accessible to all marketers. Both executives will report to Karl Wirth, Evergage’s Chief Executive Officer.

To read the entire press release, click here.

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Accela Acquires Envista to Offer Right of Way Management Capabilities

June 24, 2014

Accela, the leading provider of civic engagement solutions for government, announced that it has acquired Envista, a Massachusetts-based provider of right-of-way management solutions that help more than 120 customers better manage more than 160,000 projects in the United States. The Envista solution, which will be branded Accela Right of Way Management, is designed to increase the coordination between municipalities and utilities as well as county, state and federal agencies.

To read the entire press release, click here.

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Startups Seek to Change the Way Athletes Train

June 23, 2014

Scott Kirsner of the Boston Globe explores the growing roster of startups like CoachUp, Ubersense, and GoPro that want to change the way athletes train and collect data on their performance. Sean Marsh, Co-Founder and General Partner at Point Judith Capital, believes that passion makes the business of sports tech so appealing. Passionate athletes, whether amateur or pro, are willing to pay almost any price for the promise of upping their game — or chronicling a great performance to share with others.

To read the entire article, click here.


SpotlightTMS Raises $6M in Series A Funding

June 19, 2014

Spotlight Ticket Management raised $6 million in Series A funding from Point Judith Capital, Coyote Ridge Ventures and City National. The company previously raised $2.5 million in a seed round led by Point Judith Capital. Sean Marsh, Co-Founder and General Partner of Point Judith, said the firm sees Spotlight as a “marketing automation solution,” that has the potential to become as essential to businesses as Salesforce, Marketo, Hubspot and other platforms that help companies “optimize their marketing spend.”

To read the entire article, click here.

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Point Judith Capital Leads Pixability’s Latest Round of Funding

June 18, 2014

Pixability, a Boston-based YouTube marketing software firm, announced that it has raised an additional $4 million in funding, led by Point Judith Capital, bringing its total Series B investment to $8.1 million. Other participants in the round include Wisconsin-based commercial printing company Quad/Graphics Inc. (NYSE: QUAD) and Cambridge-based Progress Ventures.

To read the entire article, click here.


Evergage Secures $4 Million in New Funding

May 21, 2014

Evergage today announced that it has closed a $4 million Series A round of financing, which will reinforce the company’s influence in the market, underscores remarkable performance milestones, prominent client wins and significant product advancements. The investment was led by G20 Ventures with participation from the company’s existing major investors – including Point Judith Capital, Advanced Technology Ventures, Jit Saxena, Stephan Schambach, Andy Ory, and Jim Baum.

To read the entire press release, click here.

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Powerhouse Dynamics Raises $6M in Series B Funding

May 20, 2014

Powerhouse Dynamics announced that it has raised $6 million in Series B funding led by Point Judith Capital and Constellation Technology Ventures (CTV). Existing investors, including SOSVentures and Vision Ridge Capital, also participated. The funding will be used to help ramp sales and accelerate the execution of the company’s comprehensive product roadmap.

To read the entire press release, click here.

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Vee24 Welcomes John DiBartolomeo as Chief Financial Officer

April 16, 2014

Vee24 is pleased to announce the appointment of John DiBartolomeo as Chief Financial Officer. DiBartolomeo will oversee Vee24′s global financial operations and will report to Vee24 CEO, James Keller. DiBartolomeo brings more than 25 years of experience to Vee24, including strong expertise in finance, investor relations, international operations, sales development and mergers and acquisitions. He was most recently CFO for Axceler, a provider of security, reporting and analysis, and migration software for Microsoft SharePoint environments that was acquired by Metalogix Software, Inc. in 2013.

To read the entire press release, click here.


Evergage Named Finalist in 2014 MITX What’s Next Awards

Evergage announced that it has been selected as a finalist in the “Disruptive Genius” and “Best Marketing Automation Solution” categories for the 2014 MITX What’s Next Awards. Winners will be announced on May 29 at a ceremony at the Westin Boston Waterfront Hotel.

To read the entire press release, click here.

Power Assure

Power Assure’s Software Defined Power Solution Earns Environmental Leader’s Top Product of the Year Award!

March 26, 2014

Power Assure announced today that its product, Power Assure Software Defined Power, received Top Product of the Year Award in the Environmental Leader Product & Project Awards. Software Defined Power was considered by the independent panel of judges as an exemplary product and “an amazing tool to optimize power load at data centers to save money and reduce carbon emissions.”

To read the entire press release, click here.


Retroficiency and Connecticut Light & Power Pilot Building Efficiency Intelligence Platform

January 27, 2014

Retroficiency, provider of the Building Efficiency Intelligence platform, today announced it is currently conducting a pilot with Connecticut Light & Power (CL&P). Retroficiency is performing remote, no-touch building assessments to identify high quality candidates for the Energize Connecticut retro-commissioning program administered by CL&P and generate customized insights that help gain customer commitment to develop projects.

To read the entire press release, click here.


Conservation Services Group Partners With Retroficiency

Retroficiency and Conservation Services Group (CSG), the U.S. leader in residential energy efficiency, announced that CSG will use Retroficiency’s platform to enhance building prioritization, customer engagement and on-site energy audits for multifamily buildings. Accessing Retroficiency’s platform will enable CSG to add a new dimension to its existing capacity for analyzing monthly data, combining records and obtaining building profiles to address high heating and cooling loads.

To read the entire press release, click here.


Retroficiency Named as One of America’s Most Promising Companies by Forbes

January 23, 2014

Retroficiency has been ranked as one of America’s Most Promising Companies of 2014 by Forbes. The list is comprised of high-growth, privately-held companies with under $250 million in annual revenue and the final assessment is based on company growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships.

Read the entire article from Forbes.

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Could Boston Be the Home of the Next Nest?

January 17, 2014

The recent $3.2 billion acquisition of Nest Labs by Google has given Boston, in particular, a few reasons to be happy. Last March, Nest chose MyEnergy, a local personalized energy saving startup, as its first – and only – acquisition. As a result of the deal, MyEnergy investor Point Judith Capital, an early-stage investment firm in downtown Boston, was brought into the fold. Not to mention that Nest’s new parent company holds an office in Cambridge as well.

Read the entire article from BostInno.

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Google Acquires Nest for $3.2 Billion

January 14, 2014

Google Inc. (NASDAQ: GOOG) announced that it has entered into an agreement to buy Nest Labs, Inc. for $3.2 billion.

Larry Page, CEO of Google, said: “Nest’s founders, Tony Fadell and Matt Rogers, have built a tremendous team that we are excited to welcome into the Google family. They’re already delivering amazing products you can buy right now–thermostats that save energy and smoke/CO alarms that can help keep your family safe. We are excited to bring great experiences to more homes in more countries and fulfill their dreams!”

Read the entire article from Business Insider.

Point Judith Capital

Curoverse Closes $1.5M Seed Round Co-Led by Point Judith Capital

December 18, 2013

Boston startup, Curoverse, has raised $1.5 million to develop and commercialize software for meeting the big-data needs of the genomic and biomedical markets. The seed round was co-led by Point Judith Capital and Hatteras Venture Partners.  Other investors joining the round include CommonAngels, MassVentures, and Boston Global Ventures.

The company’s software platform, Arvados, uses “well-established approaches for storing and analyzing big data,” but then incorporates features and capabilities that solve the unique problems of the genomic and biomedical markets, CEO Adam Berrey told the Boston Business Journal.

Read the entire article from the Boston Business Journal.

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CoachUp Continues Unbelievable Growth, Raises $6.7M in Series A Co-led by Point Judith Capital

November 21, 2013

Today, CoachUp announced a $6.7 million Series A round of funding co-led by Point Judith Capital and General Catalyst Partners. Other investors joining the round include Scott Savitz’s Datapoint Capital, Suffolk Equity Partners, as well as angel investors Paul English and Albert Dobron, the managing director at Providence Equity Partners. Also returning for the current round is Breakaway Ventures. Point Judith Capital’s Co-founder and General Partner, Sean Marsh, will join CoachUp’s Board of Directors.

Read the entire article from VentureFizz.


Sittercity Raises $13 Million and Announces Strategic Partnership with Bright Horizons

November 18, 2013

Sittercity.com, America’s largest and most trusted online source for in-home care, announced the closing of $13 million in financing. Point Judith Capital, Apex Venture Partners, Baird Venture Capital, I2A Funds, Pritzker Group Venture Capital, State of Wisconsin Investment Board and new debt provider Square 1 Bank participated in the round. The financing also includes Bright Horizons Family Solutions Inc. (NYSE: BFAM), the leading provider of high-quality child care, early education, back-up care and other work/life solutions designed to help employers and families better address the challenges of work and life. Bright Horizons’ investment makes them the exclusive provider of Sittercity’s employer-sponsored SelectPlus program, which gives employees access to the largest online network of caregivers, including child care, elder care and pet care.

To read the entire press release, click here.


Point Judith Capital Portfolio Company, Nexamp, Develops and Completes Rhode Island Rooftop Solar Project Which Is the Largest in New England

November 8, 2013

Nexamp, a Massaschusetts-based solar power producer and Point Judith Capital portfolio company, today announced the completion of the largest rooftop solar array in New England which is located on two buildings in West Davisville, Rhode Island. The new 8,500-panel array covers an area the size of three-and-a-half football fields and will generate nearly 3 million kilowatt-hours per year, more than any other rooftop array in New England.

To read the entire press release, click here.


Point Judith Capital Co-Leads AetherPal Series A Round

November 5, 2013

Aetherpal, whose software allows mobile carriers remote access to smartphones, has closed a $6 million Series A round of funding led by Point Judith Capital and New Venture Partners. Aetherpal’s software allows carriers to remotely access smartphones to provide technical support. The company has also just announced a new CEO, Daniel Deeney who previously led investments at New Venture Partners.

Read the entire article from TechCrunch.


Sittercity Authors Legislation Expanding Cyber Safety Measures to In-home Care Industry

October 28, 2013

Sittercity.com announced the passage of The Internet Dating, Child Care, Senior Care and Home Safety Act as a part of its Cyber Safety Month initiatives. The new law, authored by Sittercity and recently signed into law by Illinois Governor Pat Quinn, is designed to enhance cyber safety by requiring websites connecting families with child care, senior care and home care services to disclose the nature and scope of background checks performed on caregivers.

To read the entire press release, click here.


Evergage Adds Jim Baum as Chairman of the Board

October 7, 2013

Evergage announced today that Software Technology Executive, Jim Baum has been appointed Chairman of the Board. Baum is a seasoned entrepreneur with more than 25 years of experience working with cutting-edge technology businesses in Boston. Baum will join existing board members Jit Saxena and David Martirano to help build and scale the real-time SaaS marketing platform.

To read the entire press release, click here.

Point Judith Capital

Point Judith Capital Co-Leads Vee24 Series A Round

August 6, 2013

Vee24, a provider of next generation live help solutions, announced today that it has closed a Series A financing. The $5.5 million round was co-led by Point Judith Capital and Data Point Capital.  Vee24, the only company providing a unified voice, video, text, and co-browsing platform, allows brands to offer their customers the same top-notch personalized customer assistance on their websites that they provide in-store.

To read the entire press release, click here.

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Efficiency Maine Trust Selects Retroficiency and Energy & Resource Solutions for Building Efficiency Innovation Program

July 15, 2013

Retroficiency and Energy & Resource Solutions (ERS) today announced that the companies will partner to deliver an Efficiency Maine Innovation Program. The one-year pilot program will leverage electric interval consumption and building asset data analytics to drive more effective energy efficiency program engagement and participation across a portfolio of small and medium commercial buildings.

To read the entire press release, click here.

Power Assure

Power Assure Named as a Key Vendor in the DCIM Market

July 2, 2013

Research and Markets has announced the addition of the “Global Data Center Infrastructure Management Market 2012-2016″ report to their offering. In this report, Research and Markets names Power Assure as one of the key vendors dominating the Global DCIM Market.

To read the entire press release, click here.


Sports Naming Rights Partners Choose Spotlight Ticket Management

June 27, 2013

SpotlightTMS has now been chosen by 17 Fortune 500 companies whose names are branding stadiums and venues. The company’s platform offers a ticket productivity and management app alongside an easy-to-use mobile app and reporting framework. Global companies like JPMorgan Chase (Arizona Diamondbacks), HP (San Jose Sharks), Wells Fargo (Philadelphia 76ers and Flyers), CenturyLink (Seattle Seahawks) and Consol Energy (Pittsburgh Penguins) are among the group, which spans a variety of industries including banking, insurance, consumer packaged goods, energy, telecommunications and computer technology.

To read the entire press release, click here.

Antenna Software

Antenna Software Enhances AMPchroma Mobility Platform-as-a-Service

June 26, 2013

Antenna Software, today announced enhancements to the Antenna Mobility Platform, AMPchroma, its industry-leading mobile app platform that enables enterprises to build and manage mobile apps. The key update to the platform is the availability of the AMP Services Engine, a mobile app delivery mechanism that speeds the development process through a services-based architecture sometimes referred to as a Platform-as-a-Service (PaaS). Antenna’s exclusive focus on mobility means it is now delivering “mPaaS” functionality.

To read the entire press release, click here.


MyEnergy Wins MITX Innovation Award

June 5, 2013

MyEnergy has won the MITX Innovation Award for the Best “Doing Good” Innovation 2013. The Massachusetts Innovation & Technology Exchange (MITX) announced the winners at its 10th annual Innovation Awards ceremony which recognizes the web and mobile innovations revolutionizing the way we work and play.

To read the entire press release, click here.

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Retroficiency Continues Strong Building Energy Efficiency Market Momentum

June 4, 2013

Point Judith Capital portfolio company, Retroficiency, announced today that it has now evaluated more than 350 million square feet of building space and identified more than 1.5 billion annual kilowatt hours of energy savings in just over two years since the company introduced its solution.

To read the press release, click here.

Power Assure

Power Assure Named a ‘Cool Vendor’ by Leading Analyst Firm

May 15, 2013

Power Assure has been named one of Gartner’s “Cool Vendors in Data Center Infrastructure Management, Power and Cooling, 2013″. This list is a regular report that Gartner issues to identify innovative technology that enables users to do things they could not do before, is impactful and has been found to be intriguing by analysts over the past six months.

To read the entire press release click here.


Nest Acquires MyEnergy

May 7, 2013

Nest Labs today announced that the company has acquired MyEnergy to further Nest’s goal of helping people understand and address home-energy consumption. The acquisition also accelerates Nest’s services for energy providers, giving them a cost-effective way to share data with their customers.

To read the entire press release, click here.


City of Memphis selects Envista Right of Way Coordination Platform

May 1, 2013

Envista Corporation, the leading provider of enterprise right-of-way coordination solutions via the web, announced that the City of Memphis has selected Envista’s Utility Project Coordination module, and Citizens View to manage activities in the public right-of-way more proactively and cost-effectively.

To read the entire press release, click here.

Point Judith Capital

ParElastic and Retroficiency named as Lead411′s “Hottest Companies in Boston”

April 30, 2013

Point Judith Capital portfolio companies, Retroficiency and ParElastic were named as Lead411′s “Hottest Companies in Boston”. The winners were chosen from over 1400 companies in the Software, Wireless, Internet, Hardware, and Media industries who have shown 100% increase in revenues over the past 2 years and/or have received over $2M in funding in the past 2 years.

To read the entire article, click here.


Fortune 1000 Companies & Global Technology Partners Flock To SpotlightTMS

April 29, 2013

Online ticket management leader Spotlight Ticket Management announced new Fortune 1000 customers, an agreement with Cvent, the leading online provider of events and surveys, and the Corporate Ticket Impact Conference as drivers behind a record first quarter.

To read the entire press release, click here.


ParElastic Raises $5.7M in Series A Round

April 9, 2013

ParElastic, an emerging leader in cloud data management, announced today that it has raised $5.7M in a Series A round financing. The round was led by General Catalyst Partners with participation from existing investors including Point Judith Capital, CommonAngels, and LaunchCapital. The Series A brings ParElastic’s total financing to $8.7M.

To read the entire press release, click here.


Pittsburgh Awards Envista Two-Year Contract

April 3, 2013

Envista Corporation, the world’s leading provider of enterprise right-of-way (ROW) coordination solutions via the web, announced that the City of Pittsburgh, PA has awarded the company a two-year agreement to license its Envista Enterprise ROW Coordination Platform. Led by Pittsburgh Mayor Luke Ravenstahl and the City’s  Public Works Department, Envista will enable internal departments to communicate and coordinate in real time with each other, as well as area utilities.

To read the entire press release, click here.


Envista and Google Enable the World’s First PaaS Technology Powered by Google Maps Engine

March 14, 2013

IRIS, Envista’s new Platform-as-a-Service that allows the rapid configuration of custom apps for the utility, pipeline and other industries, signed an agreement with Google Inc. (NASDAQ: GOOG) to utilize and resell Google Maps Engine. IRIS is designed to enable an organization to rapidly configure, not code, location aware web apps without the need for any special training.

To read the entire press release, click here.


Nabsys Secures $20 Million Series D Financing

March 13, 2013
Nabsys, Inc. today announced that the company has closed a $20 million Series D financing led by new investor Bay City Capital with participation from existing investors including Point Judith Capital and Stata Venture Partners. The financing will support the commercial launch of the company’s positional sequencing system with initial applications in genome assembly and finishing and in analysis of structural variation genomes.

To read the entire press release, click here.


MyEnergy Proven to Save Households Hundreds on Utility Bills

March 11, 2013
MyEnergy today released the results from its latest savings study conducted by Michael Blasnik & Associates. The report proves that significant savings are possible for both gas and electric utility bills for households who track their usage through MyEnergy. According to the study, these households achieved substantial energy savings of more than 14 percent during peak heating and cooling seasons, translating to savings of over $250 or more each year on utility bills.

To read the entire press release, click here.


FSA Store Introducing New FSA Resource for HR Professionals

March 7, 2013

FSAstore.com announced a new program for HR departments that will allow HR professionals to learn about their website and the resources FSAStore.com offers for their employees.

Read the entire article on FSAstore.com.

Point Judith Capital

3 Tips to Get that Investor’s Attention

March 6, 2013

Point Judith Capital Co-Founder and General Partner, Sean Marsh,  joined other fundraising experts at the MassChallenge Accelerator Sampler Mini-Series to give entrepreneurs advice on funding their startups. After his keynote speech, Sean moderated a panel of experts featuring Kit Hickey, Co-Founder of Ministry of SupplyDrew Volpe, CTO of Locately, and Chris Howard, Prime Minister of Libboo to give tips on getting the most out of fundraising partners.

Read the entire article from BostonInno.

Antenna Software

Antenna Named Finalist for “Best Enterprise Mobile Service”

February 22, 2013

Enterprise mobility specialist Antenna Software announced it has been shortlisted as a finalist for GSMA’s 18th annual Global Mobile Awards, in the Best Enterprise Mobile Service category, for the second time in three years.

Read the entire press release here.


MyEnergy Teams Up With Minnesota Valley Electric Cooperative

MyEnergy and Minnesota Valley Electric Cooperative (MVEC) announced the first customer engagement program launched by a cooperative to gamify energy efficiency and demand response. Using MyEnergy’s customer engagement platform, MVEC will give its customers the chance to win prizes and earn rewards for participating in energy-saving challenges during times of peak energy consumption.

Read the entire press release here.

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Retroficiency to Enable 1,000+ Energy Audits for Utility Small-to-Medium Business Energy Efficiency Program

February 13, 2013

Retroficiency and the Council of Smaller Enterprises (COSE) today announced a multi-year agreement for COSE to utilize Retroficiency’s Automated Energy Audit (AEA) to deliver more than 1,000 comprehensive small-to-medium business energy audits. COSE selected Retroficiency’s AEA as the standard audit software program for utility-funded energy assessment programs for which COSE is serving as the program administrator.

Read the entire article on Marketwire.

Antenna Software

Antenna Software’s AMPchroma Propelled Company to New Heights in 2012

February 5, 2013

Today Antenna Software announced it had an extremely successful 2012, including solid customer and partner growth and the notable launch of AMPchroma, a platform that integrates its award-winning, patented technologies and enables businesses to take full control of all of their mobile initiatives. AMPchroma proved a hit with industry analysts, and was instrumental in garnering Antenna status as a Leader in Gartner’s 2012 Magic Quadrant for Mobile Application Development Platforms.

Read the entire article on StreetInsider.com.


Ticket Management Software Need Rises at Super Bowl

February 1, 2013

Game management at the Super Bowl extends beyond the field and into the stands, and Tony Knopp is at the center of it. As chief executive of Spotlight TMS, Knopp heads a company that’s one of a small but growing number of makers of software that helps large companies manage all the tickets they have for various functions such as concerts and sports events like the Super Bowl.

Read the entire article from Investors.com.


SpotlightTMS CEO Joins Fox Business to Discuss Corporate Ticket Buying Culture

January 28, 2013

CEO of SpotlightTMS, Tony Knopp joins Lauren Simonetti of Fox Business to discuss Super Bowl ticket costs and the corporate ticket buying culture.

Watch the full interview on Fox Business.

Kitsy Lane

Social commerce Startup Kitsy Lane Banks $3.5 million

January 9, 2013

On top of a $1 million seed round supplied last year by Point Judith Capital and angel investors, Kitsy Lane announced a $3.5 million funding round led by Data Point Capital and Longworth Venture Partners. Kitsy Lane, dubbed “the Tupperware party of the Twitter era,” allows anyone to launch their own online jewelry and accessories boutique for free. The company says that revenues have been growing 40 percent month-to-month.

Read the entire article on Boston.com.