Participated · Series E · Apr 2016

CloudOne provides a platform to assemble, deploy, manage and advance Internet of Things solutions in a secure virtual private cloud. The company combines embedded device software development with big data analytics to deliver end-to-end IoT offerings. It intends to use the funds to grow its IoT Development and IoT Analytics capabilities, invest in product innovation and expand its team. CloudOne reported its fourth consecutive year of more than 100% year-over-year revenue growth. Founded in 2010 and based in Fishers, Ind., the company focuses on helping enterprise customers advance IoT initiatives. Total equity investment in CloudOne stands at $21.9M following the latest round. CloudOne offers a hybrid cloud platform that enables global collaborative development, production and analysis of software and products in real time on private hybrid cloud environments. Its platform is positioned to bring enterprise applications to the cloud and support collaborative workflows. Customers cited in the article include Cummins, Panasonic and McDonald’s. The company recently acquired the North American sales and marketing operations of Sodius Corporation and signed a global purchasing agreement with Capgemini. CloudOne is led by CEO John McDonald and was founded in 2010 in Indianapolis, IN. The company intends to use new funding to accelerate growth of its hybrid cloud platform. CloudOne provides on-demand Software-as-a-Service and Virtual Private Cloud solutions for IBM software tools. The company was started in 2009 and is led by CEO John McDonald. Its customer roster includes Cummins, Panasonic, Hilton, CVS/Caremark, the US Army, Shell, Xerox, Deloitte, Express Scripts, Delphi Automotive, Harman/Kardon and McDonald’s. CloudOne raised $2.8M in a Series C financing and plans to use the funds to expand sales and marketing, customer service and account management. In conjunction with the investment the company formed a new Board of Directors including David Clark, Ryan Diem, Parker Hinshaw, Christopher Hughes and John McDonald. The product is designed to make infrastructure work on-demand with no up-front capital, saving customers money on infrastructure, staffing and configuration costs. CloudOne provides SaaS-based IBM Rational tools that enable customers to create their own enterprise software. Its customer roster includes McDonald’s, University of California, Panasonic, private companies and public government agencies. Founded in 2010 and led by CEO John P. McDonald, the company is based in Fishers, Indiana. CloudOne completed a $1.7M Series B and intends to use the proceeds to add engineers and sales representatives. As part of the financing, Ryan Pfenninger of Elevate Ventures joined the company’s board. CloudOne is a Software-as-a-Service provider of IBM Rational development tools that aims to lift software and systems development onto the cloud. Created in 2009 and led by CEO John McDonald, the company builds custom Virtual Private Clouds to help customers save money, scale development dynamically, and unite vendors, contractors and employees. Its customer base includes McDonald’s Corporation, The University of California, Lenovo, Bazaarvoice, The University of Texas – El Paso, and the Federal Aviation Administration. CloudOne intends to use the funds to grow its service and capitalize on the explosive growth of software development in the cloud. The company is based in Chicago, Illinois. On August 1, it appointed former IBM executive James Pietrocarlo as Director of Business Development.

Participated · Series A · Aug 2015

WellTrackONE offers a platform to automate annual wellness exam administration and identify reimbursement opportunities for physician practices. Its clinical triggers product scans data from the wellness exam tool to generate treatment and referral recommendations that can be billed to Medicare. Other products include a risk management tool for Accountable Care Organizations, Reportal Analytics, and an EHR integration product called CCD Extractor. The company aims to curb avoidable hospital expenses by reducing fall risk and identifying early chronic conditions. WellTrackONE plans further product development and market expansion into Medicare Advantage, Commercial, and Medicaid managed care organizations. It also has strategic relationships with partners such as MD Revolution and an agreement with Office Ally to support Medicare patients. Based in Hilton Head Island, SC, WellTrackONE offers a complete program for scheduling, staffing and documentation built around a proprietary evidence-based risk stratification engine. The platform enables practices to perform Annual Wellness Visits for Medicare patients without changing physician workflow or adding administrative burden. It captures outcomes and clinical measurement data while generating significant revenue for provider organizations. The company plans to use recent financing to expand sales and marketing across the United States. Management also intends to add technologies to its flagship data management system to enhance the product offering. The article does not disclose operating metrics or prior financing rounds.

Led · Series B · Mar 2014

Scientist.com operates the world's largest marketplace for outsourced research and scientific services, connecting buyers and sellers of pharmaceutical research services and showcasing innovative tools and technologies. The platform streamlines the source-to-settle process and hosts thousands of commercial suppliers (CROs). Scientist.com currently operates private marketplaces for 12 of the top 25 large pharmaceutical companies and the US National Institutes of Health. The company enables both large and early-stage biopharmaceutical firms to outsource most laboratory tests and studies via a private marketplace at app.scientist.com. It raised $24M in equity financing to expand its marketplace, grow its team of industry experts, and bring additional simplification and innovation to drug research. The announcement originated from San Diego and the company formerly operated as Assay Depot. Assay Depot operates an online marketplace that lets scientists source and purchase research services across more than 500 research areas. The company runs public and private marketplaces; private marketplaces serve as end-to-end vendor relationship management (VRM) systems that link scientists inside large pharmaceutical companies with 9,000 global research suppliers. Its platform is used by scientists in over 100 countries and provides ratings and reviews to capture scientist feedback. Assay Depot positions itself as the world's largest marketplace for scientific services and enables ordering services on demand, allowing research projects to be carried out without direct access to a laboratory. The company raised $3 million in Series B financing led by Bootstrap Venture Fund and will use the funds to drive continued growth of its research sourcing platform. Assay Depot operates a cloud-based pharmaceutical research platform and online marketplace that lets scientists custom-create and purchase research services and communicate with experts. The platform includes a public marketplace launched in 2008 that hosts services needed to run a drug program from initial concept to human clinical trials. It also offers private marketplaces called Contract Research Exchanges (CRXs) for companies to manage their worldwide network of internal and external research providers, and a vendor back office where vendors respond to requests and manage orders. The company raised $1.7M from private investors to expand the platform. Assay Depot is led by President and CEO Kevin Lustig and is based in San Diego, California. The company also maintains offices in Northern California and Pennsylvania.