Kitsy Lane is an e-commerce platform that combines the direct selling model with online social marketing. Users can open an online boutique and customize it with a variety of jewelry and other accessories from Kitsy Lane’s thoughtfully curated catalog, then leverage their social media networks to acquire customers.
Apptegic has developed an advanced data analytics software that gives companies detailed, real time insight into how their customers use their products. Apptegic is able to measure customer engagement and identify opportunities for customer retention and upselling, while at the same time giving business insight into what applications are the most effective so that they can develop products that are better suited to their customer needs.
New York, NY
FSAStore.com is the only one-stop-shop stocked exclusively with FSA-eligible products and services so there are no guessing games as to what is and isn’t reimbursable which is what consumers face every time they walk into a drugstore. In addition to more than four thousand FSA-eligible products the site offers a national provider database of FSA-eligible services and an FSA Learning Center. FSAStore.com accepts all FSA-debit and major credit cards, offers 24/7 customer service, one-to-two-day turnaround and free shipping on orders $50+.
MyEnergy is an online energy tracking solution that allows consumers to automatically manage and measure their electric, water, gas and other utility consumption. The system pulls data directly from utilities and gives consumers the ability to monitor their energy usage, compare it to others’ energy use, receive tips and earn rewards for saving energy.
Acton, MA (Prior Investment)
Andover.Net developed a network of websites that provide news, information, products, and services to technology-oriented users including Slashdot, ThinkGeek, IT Manager’s Journal, and others. Andover went public in 1999 and was subsequently acquired by VA Linux (now Geeknet) in 2000 for $500 million.
Jersey City, NJ and Boston, MA
Antenna and Point Judith portfolio company, Vaultus, merged in 2010 to form the largest, privately held mobile enterprise solutions provider in North America. The company provides real-time mobility solutions that solve real-world problems and deliver powerful, proven mobile solutions that help companies securely mobilize business critical applications and their consumer facing applications.
Moscow, Russia (Prior Investment)
Ozon is the leading e-commerce and online retail site in Russia. Ozon was acquired by Cisco in March of 2007 for $70 Million.
Envista offers an innovative, patent-pending software solution for the management of built infrastructure assets to address the need for an integrated, enterprise-wide, best-practices approach.
Fidelis Security Systems
Fidelis Security Systems offers the only multi-path, advanced threat management system that gives organizations the power to identify and stop security attacks before they occur. Based on patent-pending proprietary technology, the Fidelis system has been chosen by organizations to solve their biggest data leakage challenges—protecting intellectual property and identity information, assuring compliance with government and industry privacy regulations, and managing insider use of the internet.
The company was successfully acquired in 2012 by General Dynamics (NYSE: GD).
Kansas City, MO (Prior Investment)
Handmark is a developer and distributor of mobile media for a wide range of devices including Blackberry, Palm Treo, Symbian OS, Windows Mobile devices, and the Apple iPhone.
New York, NY and Mumbai, India
StepOut is an online dating site but with a slight twist. StepOut allows groups of friends to collaborate on a group profile, where they can include photos and specify their interests. The site then presents a list of possible matches with other groups and helps them arrange get-togethers in the real world. The site has attracted a substantial audience in Southeast Asia.
Boca Raton, FL (Prior Investment)
Multiply developed a small-group approach to social networking that attracted a substantial audience in Southeast Asia. This trusted approach to sharing media enabled Multiply to become the largest ecommerce marketplace in the region. Naspers (JSE: NPN) acquired a majority of the company in 2010.
Sittercity is a leading provider of Internet based solutions for parents to find in home care throughout the United States. The company offers parents over 1 million childcare provider profiles and provides a trusted and safe solution for individuals and corporate employees to find and attract the most important in home service, childcare.
Spotlight Ticket Management
Falls Church, VA and Los Angeles, CA
Spotlight is a leading provider of sports and event ticket management software solutions to major corporations and professional sports teams throughout the United States. Founded by three former Stubhub executives, the company is focused on building the preeminent software as a service sports and event ticket platform dedicated to giving corporations transparency and ROI for their ticket spend and providing teams with solutions that delight their corporate customers.
Westborough, MA (Prior Investment)
Optasite’s business is based on a simple philosophy—build a tower portfolio with the locations to expand wireless service providers’ needs. As a result, Optasite is one of the fastest growing tower acquisition and development companies in the U.S. Optasite was acquired by SBA Communications (NASDAQ: SBAC) in September of 2008 for $430 million.
ParElastic™ is an elastic database middle-ware that creates a virtual elastic relational database from a collection of unaffiliated, free-running, industry standard relational databases.
Salt Lake City, UT (Prior Investment)
SnapGear was a manufacturer of Linux-based security and networking hardware based in Australia. The company was acquired by Cyberguard in February of 2004 for $16 million.
Hyannis, MA & Richardson, TX (Prior Investment)
Taqua Systems, Inc. develops an open, programmable switching platform for deployment in telecommunications service provider networks. Taqua’s proprietary architecture provides a modular switching platform that enables service providers to scale telecommunications networks. The company was acquired by Tekelec in April of 2004 for $95 million.
Moscow, Russia (Prior Investment)
Yandex is the leading internet search engine in Russia. IPO, NASDAQ: YNDX.
Providence, RI (Prior Investment)
Tower Ventures was a developer of wireless tower assets. The company was acquired by American Tower (NYSE: AMT) in 2000 for $20 million.