• Airlinq

  Participated · Series C · Nov 2017

  Globetouch builds global connectivity infrastructure and IoT/M2M platforms focused on the connected car market and other verticals. Its service offers a single connection across 400+ network operations in over 180 countries. The company has partnerships with major operators and announced an expansion with General Motors’ OnStar. Globetouch recently acquired Teramatrix Technologies, adding an IoT sensor data analytics capability. It was named in Gartner’s 2017 Magic Quadrant for Managed M2M Services. The company plans to use new funding to enhance services, grow market share, extend its OEM and service-provider ecosystem, and push into logistics, industrial IoT, and healthcare.

• VeloCloud

  Led · Series D · Mar 2017

  VeloCloud Networks delivers Cloud-Delivered SD-WAN solutions that automate branch WAN deployment and optimize access to cloud services, private datacenters and enterprise applications. Its product portfolio includes branch appliances, optional data center appliances, software-defined control and automation, virtual services delivery and a multi-tenant cloud gateway architecture that supports private, broadband and wireless links. The company sells to both enterprises and service providers and has secured deals with AT&T, Sprint, Mitel, TelePacific and Windstream, alongside a partner ecosystem including Vonage, MetTel, EarthLink and NetOne. VeloCloud has grown rapidly—its SD-WAN sites exceed 50,000 and total customer wins top 600—and the company reports record sales since its last round. The Series D proceeds will be used to expand business, capacity and operations, accelerate SD-WAN product development, support larger customer rollouts, and increase global sales and marketing. VeloCloud is headquartered in Mountain View, California. VeloCloud Networks builds a cloud-delivered, virtualized wide-area network platform that optimizes traffic across Internet and private links for branch offices and mobile users. The company uses deep packet inspection to identify roughly 2,000 applications and routes each flow to the most appropriate link. VeloCloud emerged from a two-year incubation at The Fabric and launched from stealth with commercial beta deployments. It reports 20 large, distributed customers in beta. The company is led by CEO Sanjay Uppal and aims to drive down WAN costs by combining inexpensive Internet links with private networks.

• Fuze, an 8x8 company

  Led · Equity · May 2015

  Fuze provides a cloud-based voice and HD video conferencing service that lets distributed teams meet, share content, and screen-share from any device. The platform is used by more than 100,000 businesses, including customers such as Groupon, Starbucks, Macy’s, and ThoughtWorks. In 2014 the service supported 6.5 million individual users—double the prior year—and now hosts nearly 2 million meeting minutes every day. Through the newly launched Fuze Spaces, the company is extending beyond meetings to persistent team collaboration with chat, file sharing, Google Drive integration, task lists, and one-click escalation to live video. This expansion was accelerated by the acquisition of online workspace startup LiveMinutes, whose team and technology are being integrated to lead product strategy. Fuze operates a freemium model and plans to add features like Collaborative Notes as it moves the product out of beta later this year. The company faces competition from incumbents such as WebEx, Basecamp, Slack, and Atlassian’s HipChat as remote work adoption rises. Significant new capital will fund continued product development and market expansion.

• Instart

  Led · Equity · May 2015

  Instart Logic offers a global, cloud-based, AI-driven digital experience platform that optimizes cloud, web and mobile application performance, image optimization, digital advertising recovery, and security (WAF, DDoS, bot management) along with a next-generation CDN. The platform is deployed across top-tier data centers, is protected by 80+ patents, and currently processes more than 10 billion transactions a day. Customers include hundreds of leading brands such as Neiman Marcus and Bonnier; Instart says clients typically see 5–8% higher online revenue and up to 30% faster mobile and website performance, while publishers can gain 3–15% higher ad revenue. Features include AI-driven application and device awareness, a Nanovisor JavaScript virtualization layer, unified management and open APIs, with 24x7x365 operations and no hardware or software installs required. Gartner placed the company in the "Visionary" quadrant of its Magic Quadrant. The company has raised a total of $140 million in equity funding and plans to use new capital to expand globally, extend its platform and build advertising-optimization initiatives to address ad blocking and grow its TAM beyond $10 billion. Instart Logic provides a cloud application-delivery platform that focuses on speeding up applications rather than serving static files like traditional CDNs. It accelerates performance by splitting applications into small chunks, sending critical pieces first so users can interact quickly, and optimizing image sizes, formats, and compression. The company counts customers such as Shutterstock (which is moving all of its web traffic to the service), Evite, and Nasty Gal. Instart plans to use new funding to hire, expand R&D, and grow its international footprint, beginning with Europe. The company announced several executive hires including a new CFO and VPs of product and technical operations. To date the company has raised a total of $95 million. Instart Logic is building a new approach to content delivery networks that algorithmically detects which parts of a website users are most likely to interact with and loads those parts first. The software concentrates on critical page elements while loading less-critical parts in the background, improving perceived load time especially on mobile networks. The company says its machine‑learning models get smarter over time and can show speed improvements for a site even before a sale. Instart Logic claims its customer base grew more than 500% over the past year and lists customers including One Kings Lane, Volcom, The Washington Post, Wine.com and Omni Hotels. The company raised new funding to continue reinventing CDNs and to expand its product deployment and ML capabilities. No revenue or valuation figures were disclosed in the article. Instart Logic offers a cloud-based, easy-to-deploy service that improves responsiveness and dramatically reduces load times for web and mobile applications. Its product is designed to address performance bottlenecks on congested mobile and Wi‑Fi networks and can be deployed in about 15 minutes. The company completed its beta in December 2012 and is currently in limited availability, with a general release planned later this year. Customers include a Fortune 500 company and paying clients across retail, travel and hospitality, enterprise SaaS, online gaming, and media. The founding team — Manav Mital, Hariharan Kolam and Raghu Venkat — came from the engineering group at Aster Data (acquired by Teradata in 2011), and early employees hail from Google, Facebook, Amazon, VMware, Citrix, Akamai, Adobe and Mozilla. Financially, the company has raised a $17M Series B and has $26M in total funding.

• The Trade Desk

  Led · Series B · Feb 2014

  The Trade Desk provides a self-service platform that enables ad buyers to manage data-driven digital advertising campaigns across display, video, social, and connected TV. The platform supports campaigns across a multitude of devices and is used by buyers to run their own teams. The company is headquartered in Ventura, California and maintains offices across the United States, Europe, and Asia. The Trade Desk is pursuing global expansion initiatives, which management has cited as a key use of new capital. Financially, the company announced a $125 million revolving credit facility and earlier secured a $60 million equity round from Wellington Management. Management indicated the new financing will support working capital and the company’s international growth plans. The Trade Desk operates a demand-side platform that lets agencies, aggregators and advertisers manage omnichannel advertising campaigns. Led by CEO and founder Jeff Green, the company serves customers through its global platform and offices across the United States, Europe and Asia. The Trade Desk is using recent capital to repurchase shares from early investors and to expand operations internationally. The company announced that Netflix CFO David Wells joined its board as an independent member. The article frames the business as focused on scaling its adtech platform and global footprint. The Trade Desk operates a demand-side platform (DSP) that enables agencies, aggregators and advertisers to manage display, social and video campaigns with expressive bid capabilities, full-funnel attribution, and detailed reporting. The company emphasizes a pure buy-side focus and positions itself as a leader in real-time bidding. Management is expanding into advanced TV and aims to capture television budgets as the market shifts from traditional models to digital. The Trade Desk announced a $45M debt financing to support working capital and accelerate growth after two years of profitability. Earlier in the year the company completed a $20M Series B. The company is headquartered in Ventura, Calif., and has offices across the United States, Europe and Asia; it plans to hire about 100 additional employees over the next 12 months to support demand. The Trade Desk is an RTB demand-side platform offering programmatic ad-buying technology with expressive bid capabilities, full-funnel attribution, and detailed reporting. The company maintains a pure buy-side focus to deliver branding and performance for clients worldwide. It has expanded internationally, opening offices in Singapore, Sydney and Hamburg, and has broadened its presence in major U.S. media markets beyond its Ventura, Calif. headquarters and New York offices. The team has more than doubled in size as the company pursues strategic growth in core media markets. The Trade Desk has been profitable for more than a year and reports revenue growth of hundreds of percentage points year-over-year on limited capital. The company aims to use its platform to capture a larger share of programmatic ad budgets as advertisers shift spend into real-time bidding.

No current team members are available.