Participated · Debt Financing · Mar 2025

Founded in 2022, Duetti partners with independent artists, songwriters, and other music creators to unlock the value of their music catalogs through flexible capital solutions and operational support. The company acquires portions of master recording and publishing rights and then boosts catalog performance through playlisting, remix production, sync licensing, and customized marketing programs. To date, Duetti has worked with more than 1,100 creators across 40+ countries and now closes 80+ catalog deals each month—over 2.5× its pace a year ago. Its 65-person team operates across New York City, Los Angeles, Miami, Nashville, London, and Rio de Janeiro. The firm maintains a playlist network of 3,000+ playlists with 5+ million followers and releases 60+ remixes per quarter, supporting over 200 tailored artist marketing programs in 2025. Including the latest raise, Duetti has secured more than $635 million in funding, with over $100 million of that in equity, enabling continued expansion of its technology, marketing services, and global footprint.

Participated · Equity · Feb 2025

BlueWave develops, owns, and operates community solar projects across the Northeast U.S., with a focus on programs that deliver utility bill savings and decarbonize the grid. The company is a certified B Corp and has developed 46.4 MWDC in Maine to date. The newly completed Maine portfolio adds 22.7 MWDC and delivers bill credit savings to 43 small businesses while producing enough energy to support an estimated 4,685 households. Construction of the four project sites was completed in 2024 and the projects participate in Maine’s Net Energy Billing program. BlueWave recently completed projects in Massachusetts under the SMART program that deliver bill credit savings to low-income households. The company was advised on the transaction by Novogradac, KPMG, and Foley Hoag and cites ongoing support from parent company Axium Infrastructure. BlueWave is a certified B Corp that develops, owns, and operates solar and battery storage projects across Massachusetts. Led by CEO Trevor Hardy, the company focuses on projects that conserve farmland, support underserved residents, and deliver clean energy bill credits. BlueWave is building five agrivoltaics projects in Massachusetts under the Solar Massachusetts Renewable Target (SMART) Program. These projects are designed to benefit landowners, farmers, and surrounding communities while supplying clean energy to the grid. They are expected to begin commercial operation later this year and will deliver bill credit savings to about 770 low-income households and enough energy to power roughly 2,570 Massachusetts households. BlueWave estimates the projects will offset carbon emissions equivalent to 2,500 cars or what 540,000 mature trees could absorb. The company plans to use the recently raised financing to construct and provide long-term financing for these projects.

Participated · Series A · Apr 2019

Extend offers a modern spend and expense management platform that integrates directly with businesses’ existing credit-card programs, allowing them to create virtual cards for vendor and employee payments. The company partners with more than a dozen banks in the U.S. and Canada and is actively integrating with several top-10 banks as well as smaller issuers. Its API-driven software is expanding beyond virtual cards to include approval workflows, receipt capture, and automated expense reconciliation, and it is preparing to launch a paid SaaS offering. Thousands of companies rely on Extend, and the platform already powers billions of dollars in transactions across the $1.6 trillion U.S. corporate card market. Management is focused on capital efficiency and a clear path to profitability, underscored by the recent hiring of former PayPal executive Francois Horikawa as CFO. Investor interest has been driven by the product’s deep bank integrations, growing issuer pipeline, and the company’s disciplined approach to growth.

Led · Series A · Feb 2017

Exactuals offers PaymentHub, a SaaS product that automates and manages complex payments and royalties for thousands of payees in the film/TV, music and marketplace sectors. The company is led by CEO and co-founder Mike Hurst and is based in Los Angeles. In 2017 the company signed a long-term contract enabling SAG-AFTRA to offer direct deposit of residual payments to its 160,000 members. Exactuals also formed an alliance with SAG-AFTRA and City National aimed at saving an estimated 15 million sheets of paper annually, eliminating postage fees, and delivering faster, more secure payments and improved reporting. The company raised funding following that contract, positioning it to scale operations and partner integrations. The reported fundraise provides capital to expand PaymentHub’s adoption across entertainment and marketplace customers.

Participated · Equity · Oct 2016

Cloudian builds secure S3-compatible AI data lake platforms that offer military-grade security, scalability, and cloud integration. Its AI-ready data lake optimizes data access, supports data sovereignty requirements, and reduces costs by consolidating information into a single, cloud-like storage platform. Cloudian's geo-distributed architecture manages and protects object and file data at the edge, core, and cloud for both traditional and modern applications. The platform is proven with AI and analytics tools including PyTorch, TensorFlow, Kafka, and Druid, and its solutions are available via AWS Marketplace, HPE GreenLake, Lenovo, and reseller partners worldwide. Led by CEO Michael Tso and headquartered in San Mateo, CA, the company plans to use new funding to drive product innovation and sales and marketing to meet demand for its AI data lake software. A $23M growth financing was announced in June 2024. Cloudian is a San Mateo, CA-based hybrid cloud data management firm that builds cloud-native software for S3-compatible object storage. Its software transforms standard servers, virtual machines, containers, or public cloud into pools of S3 API-compatible object storage co-located with data sources and consumers. The company highlights geo-distributed architecture to manage and protect object and file data at the edge, core, and in the cloud, along with seamless cloud integration and scalability. In January 2023 Cloudian closed $60 million in new funding, bringing total funding to $233 million. The company said the investment will accelerate its hybrid cloud platform capabilities and prepare it for its next phase of growth, and it named Bob Griswold chairman of the board. Cloudian positions its offering to simplify operations and help customers derive new value from data as organizations advance digital transformation. Cloudian focuses on on-premise storage and multi-cloud data management for organizations that need to store and manage very large data sets. Its platform is positioned as a data-management solution rather than just raw storage, aiming to keep data close to where it is created and used to reduce latency and network costs. The company has about 160 employees and serves roughly 240 enterprise customers, with strong traction in large video archives for entertainment companies and customers in healthcare, automotive and Formula One. Cloudian is beginning to address machine learning use cases by helping customers retain and manage training data from IoT sensors, cameras and medical imaging. The company plans to use new funding to expand global sales and marketing and to increase its engineering team, including investment in AI and core technology innovation. To date it has raised a total of $174 million. Cloudian provides a scalable platform that consolidates, manages and protects enterprise data through enterprise object storage systems and management solutions that bring cloud technology and economics to the data center. The company is based in San Mateo, California and is led by CEO Michael Tso. Cloudian reports an installed base of more than 200 customers. The company announced a $125M joint venture with Digital Alpha to accelerate adoption of its enterprise object storage systems. The financing package is intended to support expansion of Cloudian’s sales, marketing, engineering and customer-support organizations and to enable more flexible procurement options for customers. Cloudian is a San Mateo, CA–based provider of hybrid cloud object storage systems led by CEO and co-founder Michael Tso. The company offers Cloudian HyperStore, which enables service providers and enterprises to build scalable hybrid cloud storage solutions and manage hundreds of petabytes for use cases including backup/archive, media and entertainment, bioinformatics, and IoT. In August Cloudian made HyperStore available on AWS Marketplace so customers can purchase on‑premises storage on a metered basis and manage it alongside Amazon S3 as a single pool with one invoice. The company also has an OEM agreement with Lenovo to offer a Cloudian-based object storage appliance through Lenovo’s worldwide sales force and is integrated with Google Cloud Storage Coldline for hybrid archival storage. Cloudian intends to use the new funds to accelerate innovation, expand sales and marketing, and grow international operations. The company has raised $79M in total capital to date.