• Beckon

  Participated · Equity · Sep 2016

  Beckon is a San Mateo, CA-based martech platform that provides an enterprise-class data management and real-time marketing intelligence platform. Its product offers visibility into cross-channel marketing performance, integrated campaign planning, omnichannel analytics, real-time dashboards and scorecards, and marketing KPIs. The platform is used by large brands including Coca-Cola, IBM, Gap and Reebok. Led by CEO Jennifer Zeszut, Beckon focuses on marketing performance analytics, planning and reporting. The company raised an additional $10M in funding and intends to use the proceeds to recruit and hire talent across departments and to accelerate development of its platform to further augment its analytics and reporting suite. Beckon is a San Mateo, CA–based provider of marketing intelligence software offering an omnichannel SaaS platform for management, planning, analytics and reporting. The platform integrates messy marketing data to deliver dashboards and scorecards for cross-channel marketing intelligence. Beckon’s software is used by global brands including Coca-Cola, Gap, Microsoft, Intercontinental Hotel Group, Converse, BSkyB, Union Bank, Reebok, Jive and Dolby. The company was founded in 2011 by Jennifer Zeszut (CEO) and Jochen Frey (CTO). Beckon raised $13m in a Series B round. The company intends to use the funds to continue development of its platform and to increase global customer adoption. Beckon builds a marketing data analytics platform that consolidates disparate marketing data sources and helps marketers track spend and performance in real time. Its product ingests data from multiple sources (including emails where users CC Beckon) and presents insights via a Flipboard-like dashboard and easy-to-use tools. The company positions itself as a marketing system of record that supports both experimentation and accountability for marketing teams. Beckon aims to win customers from large enterprise vendors by offering better user experience and leaner pricing than incumbents like SAP, IBM and SAS. The startup has secured customers including StubHub, Converse and Nokia and has raised capital to expand its product. Beckon was founded in 2011 by CEO Jennifer Zeszut and CTO Jochen Frey; Zeszut previously sold Scout Labs for $22.5 million in May 2010.

• Coupa

  Participated · Equity · Jun 2015

  Coupa is a pioneer and pure-play provider of cloud-based spend management solutions, offering an Open Business Network and a Savings-as-a-Service model. Its platform covers procurement, invoicing, sourcing, expense management and related financial applications. Coupa reports more than 1 million daily transactions and over $120 billion in spend processed through its platform to date, with nearly $5 billion in estimated customer savings. The company serves more than 500 customers in over 40 countries. Coupa will use new capital to expand global operations, grow sales, support and marketing worldwide, and increase product development to meet evolving enterprise needs. The company has raised more than $165 million in aggregate capital to date. Coupa Software offers cloud-based financial applications focused on procurement, expense management and accounts payable. The company develops a suite of organically built cloud spend-optimization solutions and plans to use new capital to further extend that suite and expand globally. Coupa is led by CEO Rob Bernshteyn and is based in San Mateo, California; it was founded in 2006. The company has more than 400 customers and in 2013 surpassed 100 percent year-over-year revenue growth while releasing five new industry solutions. Prior to this round, the company had raised a total of $87.5M. Coupa provides spend-optimization software that combines procurement and expense management to give businesses visibility into operating spending. Customers find products, add them to a cart and route purchases through customizable approval workflows while Coupa aggregates spend data over time. The service includes social-like features (tweeting, "thank" notifications) and expense warnings; updates roll out quarterly and are free to subscribers. The company plans to use new funding to introduce contract-tracking capabilities, build customer communities, improve its mobile footprint and enhance its budget-approval app. Founded in 2006, Coupa serves about 250 customers and reports a 96% renewal rate, roughly 130% year-over-year growth in recurring revenue for each of the last three years, and thirteen quarters of sequential growth in new first-year subscription revenue. CEO Rob Bernshteyn says the company could be profitable in a month if it cut back investments, but it is raising capital to expand product and geographic reach, particularly into Europe. Coupa offers a web-based cloud spend management (CSM) and e-procurement suite that helps companies track purchases, suppliers and contracts and automatically identify cost-saving opportunities. The platform streamlines communication between employees and executives around financial and purchasing decisions. Feature highlights mentioned in the article include the ability to tweet from the platform, automated expense-report scoring, and expense-line notifications that congratulate or warn employees based on category averages. Coupa integrates with third-party services such as Salesforce.com and Google Maps. Customers cited in the article include Michaels Stores, Pandora and Williams Sonoma, and overall active users on the platform grew eight-fold in 2010. The company had raised $12 million in the announced round, bringing total funding to $27 million. Coupa offers a Ruby on Rails-driven, subscription-based e-procurement suite that helps companies track purchases, suppliers and contracts to control costs and streamline purchasing decisions. The web-based platform emphasizes short implementation and training times versus competitors and includes a free Mobile Approver iPhone app for subscribers. It also provides a one-click Twitter integration to solicit competitive bids from suppliers globally. Coupa markets features that improve communication among employees and executives involved in procurement and aims to help customers spend smarter and improve margins with minimal hassle. The company is based in San Mateo, CA. Financially, the company has just completed a new financing that doubles its total capital to $15 million.

• Joyent

  Participated · Equity · Oct 2014

  Joyent operates a public cloud platform built on container technology and an OS virtualization layer called SmartOS that runs Docker containers on bare metal. The company emphasizes enterprise-grade networking, secure container runtime, and high workload density for data center operators. Joyent has been running an infrastructure based on containers for more than a decade and plans to leverage its experience to be a leading place to run Docker containers. It will continue to operate its public cloud as its core business while building new products and services for developers and operations teams to manage containers on bare metal. The company is developing products and services that will support and integrate with Docker. Financially, Joyent announced a new $15M raise to accelerate development around container and Docker support, bringing its cumulative funding to roughly $135M. Joyent provides cloud software and public cloud services, including its SmartDataCenter suite and JoyentCloud.com, used by customers such as LinkedIn, Gilt Groupe, Dell and Kabam. The company is steward of the open-source Node.js runtime and contributes to SmartOS, which powers its commercial SmartDataCenter product. Joyent says the new funding will enable it to build out a global compute offering to help customers expand consistent software, support and services. Management plans to roll out a collection of "seamlessly connected high performance clouds" throughout 2012 to serve global corporations on every continent. Financially, Joyent announced an $85 million funding round and had previously raised $5 million in September, which had brought prior financing close to $30 million. Existing investors named in the article include El Dorado Ventures, Epic Ventures, Greycroft Partners, Intel Capital and Liberty Global. Joyent offers an integrated cloud software suite and services for service providers, medium and large enterprises, and developers. Its product set includes the SmartDataCenter suite, JoyentCloud.com (a public cloud service positioned to rival AWS), and a Platform-as-a-Service built on Node.js. The company counts customers such as LinkedIn, Gilt Groupe, Kabam, Dell and AKQA. Joyent was founded in 2004 and operates from San Francisco. Financially, an SEC filing shows the company secured $5 million in debt financing; the article also notes Joyent has raised close to $30 million in total from outside investors. The company had not disclosed specific plans for the newly reported capital in the article. Joyent provides IaaS and PaaS cloud computing solutions designed to improve performance, scalability, manageability and security for web and mobile applications. The company serves a network of service providers and thousands of customers, including Watercooler, LinkedIn, Country Life and Gilt Group. Joyent operates smart technology in five data centers in China; Andover, Mass.; Emeryville and San Diego, Calif.; and Dallas, Tx, and supports service providers in Toronto, Las Vegas and Amsterdam. It recently expanded operations in Europe, the Middle East and Africa and acquired Layerboom, a Vancouver-based provider of hardware and software virtualization solutions. Joyent secured $15M in Series C funding to enable expansion of international operations and to extend product offerings for its core platform-as-a-service technologies. The round was led by Intel Capital with participation from existing investor Greycroft Partners and new backer Liberty Global.

• Atlantis Computing

  Participated · Series D · May 2013

  Atlantis Computing is a Mountain View, CA-based provider of data center storage optimization solutions for private and public clouds. Its Atlantis ILIO software complements virtualization solutions from Citrix, Microsoft and VMware to optimize storage use for virtualized desktops and servers and to automate large-scale deployment and management. The company supplies storage‑intensive applications and has more than 250 customers and over 300,000 licenses sold. Founded in 2006 and led by President and CEO Bernard Harguindeguy, Atlantis focuses on improving storage efficiency in virtualized environments. It plans to use the new funding to expand worldwide. Atlantis Computing offers ILIO, a VDI storage and performance optimization solution that integrates with Citrix, VMware, Quest and other VDI offerings to reduce storage costs and improve performance. The company is identified as Mountain View-based. TechCrunch reports Atlantis closed a $10 million Series C investment co-led by Partech International, El Dorado Ventures and Cisco. Atlantis said it will use the capital to fund sales growth, marketing activities and international expansion. The article does not provide operating metrics such as revenue or user counts. TechCrunch also noted it is unclear how much capital the startup has raised in total, including this round.

• TST Media

  Led · Series C · Apr 2013

  TST Media, which has consolidated under the Sport Ngin brand, offers a web and mobile software platform used by more than 100,000 sports teams, leagues, clubs, associations, tournaments, facilities and businesses worldwide. The company provides a complete suite of tools to help sports organizations manage, connect, and communicate with stakeholders including athletes, parents, administrators, coaches, referees, scouts, volunteers, fans, journalists, and sponsors. Led by co‑founder and CEO Justin Kaufenberg and based in Minneapolis, the company has nearly 120 full‑time employees. TST Media was launched in 2008 and has raised over $10M since launch. One year prior it acquired the Wisconsin Sports Network from TDS Telecom. The company plans to use the new capital to accelerate product development, marketing and sales in North America and to pursue potential acquisitions of complementary services and technologies to expand its market presence and offerings. TST Media develops digital tools and the NGIN website platform, used by thousands of sports teams, events, organizations and businesses worldwide. Led by CEO and co-founder Justin Kaufenberg, the company focuses on website, software and mobile application solutions to help organizations engage their audiences. The firm plans to use the new funding to grow existing business partnerships and introduce software and mobile application innovations. TST Media also intends to expand its team, adding over 20 new positions this year across Software Engineering, UI/UX Design, Development Operations, Project Management, Technical Support and Sales. The article reports a $3.5M funding inflow that will support those growth and product development plans.

No current team members are available.