
ABS Ventures
950 Winter Street, Suite 2600, Waltham, MA, 02451, United States
Overview
Formed in 1982, ABS Ventures is a Boston-based venture capital firm backed by leading global institutional investors. The firm works with exceptional management teams to build industry leading companies in the software, communications and healthcare sectors. ABS Ventures provides more than just capital. The team brings to bear its collective operational and enterprise-building expertise as well as an extensive network of industry contacts. ABS Ventures works in partnership with management teams and believes that patience and a long term approach drive great performance.
- Total investments
- 4
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
- Venture Capital
Investment portfolio
- ClickSquared
Participated · Equity · Jan 2012
ClickSquared is a Boston-based provider of cross-channel marketing software and services. Led by CEO Wayne Townsend, the company recently launched its SaaS Cross-Channel Marketing Hub, which combines enterprise-class campaign management, marketing database management and customer intelligence tools. The platform delivers and executes campaigns across email, print, web, survey, mobile and social channels. Clients include ARAMARK Parks and Destinations, The Boston Celtics, Capital One Bank, Dr Pepper Snapple Group, Four Seasons Hotels and Resorts, Hyatt, Lenovo and others. ClickSquared has offices across the United States and in the United Kingdom. It closed a $9M equity financing to increase marketplace visibility, grow its sales force and augment infrastructure investments.
- Centric Software
Participated · Series C · Feb 2011
Centric Software is a Los Gatos, CA–based provider of product lifecycle management (PLM) software for retail, apparel, footwear, luxury and consumer goods companies. Its flagship Centric 8 PLM suite manages product development, sourcing, business planning, quality management and collection management, and is delivered via an Agile Deployment methodology. Centric emphasizes ease of use and rapid implementation and has been recognized by Frost & Sullivan, WhichPLM and Red Herring. The company serves marquee brands and consumer products companies and has reported rapid growth. Management stated the new funding will support Asian expansion and an acceleration of product innovation. In July 2014 Centric closed $24 million in growth capital as part of its Series D financing. Centric Software develops PLM software—Centric 8—used to manage product development, sourcing, business planning, quality management and collection management for retail and consumer-goods brands. The company is led by president and CEO Chris Groves and is based in Campbell, CA. Centric 8 is positioned for apparel, footwear, luxury and other consumer goods firms and counts customers such as Balenciaga, Crocs, JD Sport Fashion, Proenza Schouler and Longchamp. Centric intends to use new capital to continue development of its platform and to build additional mobile solutions. The company also plans to increase its growth efforts in Europe. Centric closed a $19m Series C, which strengthens its financial position for product and market expansion. Centric Software provides product lifecycle management (PLM) solutions for makers of hard and soft lines in the fashion and consumer goods industries. Its Centric 8 platform delivers functionality to manage product development, sourcing, line planning and profitability management, aiming to cut costs, speed products to market, improve margins and enhance global collaboration and compliance. The company recently introduced the Centric 8 Collection Book for Fashion iPad App, an interactive, patent-pending mobile app. Centric plans to use the $7.5M Series C to accelerate product and business development, advance additional mobile apps for PLM, maintain focus on the luxury fashion sector, and expand in the United Kingdom, France, Italy and New York. The round was led by Oak Investment Partners with participation from Masthead Venture Partners and ABS Ventures. Customers include INTERSPORT France, Christine Laure, Balenciaga, The Coleman Companies, KlimUSA, Bass Pro Shops, Bravo Sports, Longchamp, Silver Jeans and United Stationers. Centric Software provides technology offerings. The company completed a $14.3 million Series B venture capital financing to help ramp up growth and increase market awareness of its technology offerings. The round was led by Insider Oak Investment Partners and joined by Masthead Venture Partners and BancBoston Ventures. With this financing, Centric now has about $47 million in total venture funding. That total follows a 2004 recapitalization that included $33 million from Insider Oak and Masthead. Boston Capital Ventures and BancBoston Ventures were carry-overs from the group of prior investors.
- Zilliant
Participated · Equity · Jul 2010
Zilliant provides cloud-native pricing optimization, pricing management and revenue intelligence software to help businesses manage the entire pricing lifecycle. In FY2023 the company delivered two consecutive quarters of 60%+ year-over-year bookings growth. In December 2023 Zilliant acquired In Mind Cloud, adding next-generation CPQ that complements its pricing offerings. Its financial sponsor, Madison Dearborn Partners, increased its investment by $35 million to accelerate product enhancements and other growth initiatives. Zilliant strengthened its executive team in 2023 with hires from Salesforce, SAP and other enterprise software firms to support product, technology, revenue and partnerships. The company is positioned for continued record growth in 2024 and will showcase new product innovations at its MindShare 2024 conference in May in Austin, Texas. Zilliant is an Austin, Texas-based AI-driven SaaS company that provides tools to maximize B2B customer relationships. Its Zilliant IQ platform integrates with field sales workflows, CRM applications and e-commerce channels to inform pricing and sales decisions and increase the value of every B2B customer interaction. Led by president and CEO Greg Peters, the company targets growth and profit expansion for B2B enterprises across multiple sectors. In May 2017 Zilliant raised $30M in financing from Goldman Sachs' Private Capital Investing Group. The funds will allow the company to grow globally in the B2B enterprise industry across multiple sectors. Goldman Sachs' Private Capital Investing Group is described as a platform providing junior capital to growth and middle-market companies and is co-headed by Hillel Moerman. Zilliant provides price optimization and margin management solutions for B2B manufacturers, distributors and industrial service companies. Its product suite includes Margin Maximizer, Margin Insight and Margin Manager, which use existing transactional data to improve decisions across price analysis, price setting and execution. The company says customers have experienced significant improvement in their financial performance using its solutions. Zilliant completed $13M in financing from existing partners SMH Private Equity Group, ABS Ventures, Austin Ventures and Trellis Partners. The new capital will be used to accelerate global expansion to meet customer demand. The company is based in Austin, Texas.
- Overtone
Led · Series C · Apr 2010
Overtone is a San Francisco, CA-based provider of integrated listening systems that deliver real-time customer intelligence to major consumer brand companies. Its core product offers real-time capture and analysis of customer signals for large consumer brands. Customers mentioned in the article include Microsoft, Yahoo!, eHarmony and Continental Airlines. The company closed a $7M Series C round of funding. Overtone plans to use the funds to grow its customer base, expand its professional services organization and continue to develop new software features and capabilities. The raise supports the company’s near-term product and services expansion efforts.
Team
No current team members are available.