
OnPoint Technologies
750 S Orlando Ave Ste 200, Winter Park, FL, 32789, USA
Overview
OnPoint Technologies was created to address the needs of the U.S. Army, as identified in Broad Agency Announcement (BAA) DAAB07-02-R-B223. This BAA was the result of Section 8150 of Public Law 107-117, the Department of Defense Appropriations Act for fiscal year 2002 which, set aside funding for a Venture Capital Initiative. OnPoint was created to meet the goal of the Venture Capital Initiative which is to develop "better collaborative ties with young, small, growth-oriented companies that take risks and push innovation." OnPoint will invest in or otherwise assist those young, small, growth-oriented companies developing innovative technologies of interest to the U.S. Army, specifically within the technology areas of interest. The investment activity undertaken by OnPoint is expected to provide the U.S. Army greater visibility into the technical development activities of companies that deal in areas of science and technology of interest to the U.S. Army and to accelerate the transition of new, or significantly improved, technologies into the U.S. Army.
- Total investments
- 5
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- CleanTech
- Nanotechnology
- Venture Capital
Investment portfolio
- GoSecure
Participated · Series B · Jun 2014
GoSecure provides an integrated Managed Detection and Response (MDR) platform that combines endpoint, network, and email threat detection with behavioral analysis, memory forensics, machine learning, and reputational techniques. The platform delivers predictive multi-vector detection, prevention, and response, and the company reports detecting and mitigating threats on average in less than 15 minutes. Since launching as CounterTack in 2012, GoSecure has acquired several companies and grown to about 200 employees with country headquarters in Montreal, Quebec, and San Diego, California. Management says the company continues to add new customers at the highest rate in its history and that growth accelerated prior to the COVID-19 pandemic has continued as organizations adopt a more mobile workforce. Future plans emphasized by management and investors focus on increasing awareness and adoption of GoSecure's MDR approach and going to market at full speed. Financially, the company recently closed an oversubscribed $35M Series E growth round. CounterTack is a Waltham, Massachusetts-based provider of behavior- and memory-based Endpoint Detection and Response (EDR) technology. Led by CEO Neal Creighton, the company offers an Endpoint Threat Platform (ETP) that supplies threat context, organizational resiliency, and broad visibility to mitigate endpoint risk and reduce the impact of advanced attacks in real time. CounterTack delivers its endpoint security solutions to over 250 customers globally. The company received an investment from NTT Docomo Ventures and intends to use the funds to continue to grow globally. The article does not disclose the amount or specific instrument of the investment. CounterTack offers a behavior- and memory-based Endpoint Threat Platform (ETP) that combines behavioral analysis, machine learning, and reputational techniques to detect and remediate advanced threats. The company is building its ETP on the SAP HANA in-memory analytics platform and incorporates Smart Data Streaming, machine learning, predictive analysis, natural language processing, and graph features. CounterTack says this architecture enables rapid ingestion of huge volumes of data and full-fidelity data persistence to provide situational awareness for security analysts. It announced a strategic partnership with SAP NS2 to deliver full-spectrum, highly scalable endpoint security to enterprise and government customers and to bolster ETP deployments at enterprise scale. CounterTack is investing in future capabilities to add detection algorithms, improve performance, and increase deployment flexibility on premise or in the cloud. Financially, the company recently announced a $20 million Series D growth financing and reports delivering its technology to over 250 customers globally. CounterTack sells behaviorally-based EDR technology—notably its Sentinel continuous monitoring and threat response platform and the Digital DNA (DDNA) in-memory binary analysis engine. The company emphasizes predictive, behavior-based detection combined with binary analysis to detect zero-days, rootkits, targeted malware and advanced persistent threats. CounterTack reported nearly 150% year-over-year growth in the APAC market and said over 225 customers use its solutions globally. The DDNA product licensing program has accelerated growth and has been integrated with more than five major cyber organizations. CounterTack has bolstered its Federal presence with the appointment of Matthew Addington and plans to accelerate hiring while unveiling multiple strategic initiatives and a major partner to scale its U.S. Federal business over the next six months. CounterTack builds the Sentinel platform, a real-time Big Data endpoint detection and response solution that provides visibility, forensic analysis, threat visualization and automated response across enterprise endpoints. The platform uses tamper-resistant collection for behavioral capture on laptops, servers, workstations and mobile devices to detect advanced, persistent threats at scale. CounterTack sells to enterprise and SMB customers and distributes via strategic MSSP partnerships. The company has reported strong growth, citing 300% year-over-year Q1 growth from 2014 to 2015. The new funding is intended to support an accelerated go-to-market strategy and further global expansion, including plans for Asian growth mentioned by investor EDBI. CounterTack positions its Big Data architecture as a scalable alternative to SQL-based detection approaches for enterprise security teams.
- InVisage Technologies
Participated · Equity · Apr 2014
InVisage Technologies develops imaging and sensing technologies based on its QuantumFilm platform. Its first product captures high-fidelity, high-resolution images from mobile devices such as camera phones and digital cameras. The company positions itself as an advanced materials and camera-platform developer for mobile imaging. In December 2014 it raised $32.5M in funding. The company said it intends to use the funds for working capital and capital expenditures. InVisage was founded in 2006 by Jess Lee and is based in Menlo Park, California. InVisage Technologies, founded in 2006 and based in Menlo Park, Calif., is a fabless semiconductor company focused on imaging. The company has developed QuantumFilm™, a camera technology that captures high-fidelity, high-resolution images for mobile devices such as camera phones and digital cameras. Leadership includes President and CEO Jess Lee, with Ephraim Kwok as CFO and Emanuele Mandelli as VP of Engineering. The company raised $18M in funding in the reported round. Backers in the raise included GGV Capital, Nokia Growth Partners, RockPort Capital, InterWest Partners, Intel Capital and OnPoint Technologies. InVisage intends to use the funds to scale manufacturing capacity from its initial pilot production line. InVisage Technologies develops QuantumFilm, a light-sensitive image sensor for smartphones intended to produce high-quality photos in any lighting condition. Founded in 2006 and led by CEO Jess Lee, the company has focused on bringing its sensor technology to market. Its sensors are currently being evaluated by phone manufacturers. The company intends to use the Series D capital to begin manufacturing its sensors. Devices incorporating the technology are expected to ship in the second quarter of 2014. Financial details beyond the Series D being raised were not disclosed in the article. InVisage Technologies develops QuantumFilm, a commercial quantum dot–based imaging material intended to improve or replace silicon image sensors. The company’s first product targets high‑resolution imaging for handheld devices such as camera phones and PDAs. InVisage is a fabless semiconductor firm based in Menlo Park, Calif. It was founded in 2006. The company says it will use the newly received funds to bring its products and technology into mass production. InVisage is backed by RockPort Capital, Charles River Ventures, InterWest Partners and OnPoint Technologies.
- Nanosolar
Participated · Equity · Jun 2012
Nanosolar develops and manufactures thin-film solar cells and panels using proprietary roll-to-roll printing of CIGS inks on low-cost aluminum foil. The company’s core product is the Nanosolar Utility Panel, aimed at utility-scale installations and defense applications. It operates a roll-to-roll solar cell printing factory in San Jose, California, and a panel-assembly factory in Luckenwalde, Germany. Nanosolar reports manufacturing capacity in excess of 100 MW and has committed deliveries to multiple international customers in the 2 to 11 MW range. The company has achieved a lab-tested top cell efficiency of 17.1 percent as certified by the National Renewable Energy Laboratory (NREL). With the new financing, Nanosolar plans to expand production, deepen R&D to drive greater efficiency, accelerate commercialization, and significantly expand its employee base in Europe and the United States.
- Blue Pillar
Participated · Series B · May 2012
Blue Pillar provides an Internet of Things (IoT) solution that connects energy devices and systems via its Aurora® platform. The Aurora platform is installed at large energy providers, commercial facilities (including Walmart, Target and Comcast) and higher-education campuses such as the University of Hawaii and Texas A&M University. It leverages real-time data to strengthen critical infrastructure, enable new energy services, centralize facilities operations, support safe hospital operations, and manage microgrids and energy. The platform is automated through a template-driven process with security built in from sensor to cloud. Led by CEO Tom Willie and based in Frederick, MD, the company said it will deploy new financing primarily for customer acquisition. Blue Pillar, led by CEO Tom Willie and based in Frederick, MD, offers software and services to connect, control and analyze distributed energy and facility equipment. Its Aurora Digital Energy IoT platform securely connects, controls and collects data from facility equipment. Its Avise Foresite suite provides centralized facility and energy fleet management for multi-site operators to manage energy efficiency, resiliency, capital and local emergency events. These platforms, together with professional services, augment the company’s Avise Insite real-time analytics offering to give local facility operators insight into energy, operations and compliance within single complex facilities. The company raised $14M to accelerate demand for its platforms and expand adoption. Blue Pillar develops distributed energy asset management software and control solutions designed to turn healthcare, manufacturing, telecom, data center, higher education, military and government facilities’ on-premises energy assets into Actionable Microgrids. Its core product is the Actionable Microgrid software product portfolio. The company plans to use new funding to accelerate deployment of that product portfolio and increase adoption among customers in healthcare, telecom/data, military, education and manufacturing sectors. Blue Pillar is led by CEO Kevin Kushman and is based in Indianapolis, Indiana. The company closed a $7M Series B equity financing to support these plans. In conjunction with the financing, three investor representatives will join Blue Pillar’s board of directors.
- Petra Systems
Participated · Equity · Feb 2010
Petra Solar designs and supplies pole-mounted smart grid and solar systems for utility customers. The company recently raised $40M to support growth. It plans to use the financing to expand its customer base and accelerate hiring. Petra Solar intends to add 30 executive and professional employees immediately. By the end of 2010 the company expects to employ 165 people, a ten-fold increase from its base of 15 last spring. The firm is actively recruiting across the United States for project developers, regulatory experts, account managers, engineers and manufacturing staff.
Team
No current team members are available.