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Canopy Ventures

333 S 520 W Ste 300, Lindon, UT, 84042, United States

Overview

Canopy Properties provides high-tech companies with the latest in facilities, security, office management, and onsite technologies. Canopy Properties currently owns and manages four buildings with over 230,000 square feet of high-tech office space along with 10,000 square feet of Class A, raised floor data center in Lindon, Utah. Ray Noorda started Canopy Properties because he understood that it could often be difficult for smaller companies to find space that is both high-quality and provides room to grow.

Total investments
4
Lead investments
2
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • Sirion

    Participated · Series B · Jul 2016

    Sirion delivers a contract lifecycle management (CLM) solution that embeds specialized AI agents directly into enterprise contracting workflows. The platform supports more than seven million contracts in over 100 languages, allowing organizations to gain visibility into risk, compliance, and post-signature obligations. By combining conversational interfaces with deep contract data, Sirion aims to turn static documents into actionable, executable knowledge. Management plans to accelerate product innovation and broaden global go-to-market reach, shifting customers from simple contract repositories to intelligent, workflow-driven contracting environments. The company is positioning its AI capabilities to handle drafting, negotiation, and obligation management, giving teams faster turnaround and higher confidence in contract performance. No revenue or valuation figures were disclosed in the article, but the scale of contracts managed suggests significant enterprise adoption.

  • C7 Data Centers

    Led · Equity · Aug 2010

    C7 Data Centers provides advanced IT and data center outsourcing services, including colocation, cloud/hybrid cloud, dedicated server, disaster recovery and data backup solutions. The company emphasizes secure, energy-efficient, high-density data center designs and all its facilities are SSAE 16 Type 2 audited. C7 serves clients across the financial, high-tech, medical and education industries and highlights Utah's favorable power rates, fiber connectivity, limited natural disasters and business environment. The company announced it has secured $25 million in combined debt and equity funding from MCG Capital Corporation and previous investment partner Signal Peak Ventures. The funding is intended to expand C7's data center footprint and operations and to support construction of additional data centers locally and regionally to meet growing client demand. Company leadership and investors cited strong customer satisfaction and robust market demand as drivers for the planned expansion. C7 Data Centers, Inc. is a Lindon, UT–based national provider of colocation, disaster recovery, and virtualization solutions for local, national, and multi-national companies. Its data centers are located in Utah in low-disaster geographic areas with low-cost power rates. The company has raised an additional $9m in growth capital. The round was led by Canopy Ventures and included debt financing participation from Zions First National Bank. C7 will use the funds to accelerate organic growth, fund additional phases for its data centers, and enable new expansion facilities. The article does not disclose additional financial metrics or prior rounds.

  • Solera Networks

    Participated · Series C · Jul 2010

    Solera Networks develops the DeepSee Platform, which indexes and classifies all network traffic to give companies a comprehensive, real-time view of their network security. The platform is positioned for both proactive risk spotting and rapid response after breaches. Solera says both domestic and international sales grew more than 100 percent last year. The company will use the new funding to expand global sales, marketing, and product development. Intel Capital's investment and expertise are expected to help with future product improvements. Intel described Solera as delivering a scalable, high-performance solution and the only independent platform capable of broad integration. Solera Networks makes hardware appliances and a suite of applications that capture, store, index and provide real-time forensic analysis of network traffic. Its products create instantly accessible, searchable records of network activity to help companies reconstruct attacks and perform post-incident investigations. The company plans to use the new capital to expand sales and marketing, accelerate product development and set itself up for growth. Solera was founded in 2005 and is based in South Jordan, Utah, and has about 40 employees. The company reports bookings have grown 100% year-over-year for multiple years and has raised $31.9 million to date. Solera Networks builds network-forensics software that records all network activity and enables operators to retrace steps to pinpoint glitches and security breaches. Its software captures large volumes of data without slowing other system operations and indexes events to make them searchable and replayable on demand. The product runs at high speeds in both virtual and physical server environments and the company says it can operate in a 10‑gigabyte environment where competitors require more resources. Solera reports its customer base is split roughly evenly between corporate and government organizations; federal agencies use it to locate possible security violations while corporations use it as a backup. The company plans to use the recent funding to expand marketing efforts and its Washington, D.C. office to be near likely government clients. Solera is based in Lindon, Utah.

Team

No current team members are available.