
Palomar Ventures
27702 Crown Valley Parkway, Ste D4-239, Ladera Ranch, CA, 92694, United States
Overview
Palomar Ventures was launched in 1999 by veteran venture capitalists to focus on early stage information technology companies that demonstrate the potential for exceptional growth and market leadership. The founding principle of Palomar is teamwork; they work closely with their portfolio companies to assist them in achieving their objectives. The partners at Palomar have contributed their strategic insight, network of corporate relationships, and recruiting skills to assist in building nearly 50 public companies. Palomar Ventures is currently investing Palomar III, a $225 million fund, bringing total capital under management to over $500 million. A typical investment involves $2 million to $5 million in capital, and they prefer to act as a lead or co-lead investor early in the process of value formation. They believe that beginning early with a company is the best way to utilize their experience in building value rapidly by focusing the company on a small number of key milestones. Given their personal experience in running venture-backed companies, Palomar's partners understand the frustrations of the entrepreneur in dealing with the venture community. Their philosophy includes a commitment to responding rapidly to new ideas and business plans, and to forming partnerships with the goal of creating sustainable companies for the long term.
- Total investments
- 11
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Predixion Software
Participated · Series C · Jul 2013
Predixion Software develops a cloud-based predictive analytics platform, Predixion Insight, that uses a patent-pending Machine Learning Semantic Model (MLSM) to deliver real-time predictive analytics at the decision point. The platform is designed to embed analytics into production environments including existing applications, databases, real-time streaming engines and connected or disconnected devices. Its solutions target Industrial Internet and IoT use cases such as connected vehicles, connected patients, smart buildings and sectors including manufacturing, energy & utilities, transportation, healthcare and retail. Led by CEO Simon Arkell and based in Aliso Viejo, California, the company plans to use its recent funding to expand advanced analytics for IoT use cases across those industries. Predixion raised a Series D round whose amount was not disclosed; the round was led by Software AG with participation from GE Software Ventures and other existing financial and strategic investors. The article did not report revenue or user metrics. Predixion Software is a San Juan Capistrano, CA-based developer of collaborative predictive analytics solutions that integrate with leading business intelligence platforms, business applications, and workflows. Led by CEO and co-founder Simon Arkell, the company serves nearly 200 customers across 53 countries in industries including healthcare, life sciences, financial services, marketing, government, manufacturing, and ecommerce. Predixion's platform enables customers to unlock insights within their data and embed advanced analytics into existing BI and application workflows. The company intends to use the new funds to accelerate product development and scale its sales and marketing organizations. As part of the financing Accenture will jointly develop a range of advanced analytics solutions for its clients with Predixion. Predixion Software develops and markets collaborative predictive analytics solutions that integrate with leading BI platforms, business applications and clinical and operational healthcare systems, including Excel 2010 and SharePoint. Its product, Predixion Insight, delivers easy-to-deploy, enterprise-class predictive analytics within common user interfaces. The company reports customers in healthcare, finance, retail and other industries achieving immediate results. Predixion plans to use new funding to build additional healthcare industry solutions, expand product development, and scale its service, sales and marketing organizations to support demand. Leadership says it has successfully deployed solutions in enterprises both large and small and will pursue opportunities in preventable readmissions management and financial services. The company is headquartered in Orange County, California with development offices in Redmond, Washington and is backed by venture investors including DFJ Frontier, Miramar Venture Partners and Palomar Ventures. Predixion Software develops a self-service, cloud-based business analytics service. The company is headed by Simon Arkell and is based in Aliso Viejo. It raised $5M in a Series A financing to fund growth. In addition to the equity round, Predixion obtained a growth capital facility from Silicon Valley Bank. The company said the new funding will be used for product development, sales and marketing, and to expand its sales channel and strategic partnerships. No operating metrics were disclosed in the article. Predixion Software is an Aliso Viejo-based startup developing software for predictive and behavioral analytics and data mining. The company was operating in stealth mode at the time of the report. Its technology is based on work by co-founder Jamie MacLennan from his time at Microsoft on the SQL Server Data Mining product. Founders include Simon Arkell, Steve DeSantis, and Jamie MacLennan, and Stuart Frost (former DATAllegro CEO) holds a board seat. A regulatory filing shows the firm raised $800,000 as part of an ongoing $3.0M funding round. No further details about the financing or investors were announced.
- Ace Metrix
Participated · Series C · May 2012
Ace Metrix offers a software-as-a-service platform that assesses and acts on the creative effectiveness attributes of television and online video advertising. Its Ace Metrix LIVE platform provides real-time advertising campaign optimization and houses the largest database of its kind with more than 16,000 scored ads across 75 categories and over 12,000 quantitative and qualitative data points. The company’s Creative Lifecycle Management framework enables marketers to pre-test, target, and trend advertising with complete comparability and competitive context. Ace Metrix says it serves many of the top national television advertisers and targets the $71B TV advertising sector and the emerging video advertising segment. Management stated it is on track to continue a 100% growth rate through 2012. The company is privately held and backed by leading venture and industry investors named in the announcement. Ace Metrix is a Los Angeles-based provider of real-time television advertising analytics. Its core product is a syndicated Software as a Service (SaaS), launched in June 2009, that delivers standardized metrics enabling advertisers to benchmark ads within their brands and against competitors. The company serves large national advertisers including Big Lots, Coldwell Banker Real Estate Corp., Microsoft, Nintendo and Nissan North America. In June 2010 Ace Metrix received a strategic investment from WPP Digital and entered a collaboration to promote its products to WPP clients and to develop new television advertising measurement solutions. As part of the arrangement, Mary Ann Packo, CEO of Millward Brown North America (a WPP company), will join Ace Metrix’s board. No financial terms of the investment were disclosed in the article. Ace Metrix provides online television advertising analytics and measures ad effectiveness for online television. The company is described as a fast-growing provider of advertising effectiveness measurement services. It closed a $6.0M Series B financing to support its operations. The funds will be used to expand sales and marketing. In conjunction with the funding, Pete Sinclair of Leapfrog Ventures will join Ace Metrix's board. The company is based in Los Angeles, CA.
- Bubbly
Participated · Equity · Mar 2011
Bubble Motion runs Bubbly, a Twitter‑like voice‑blogging phone service that lets users record voice updates which followers are notified of by SMS and can click to listen. The platform has about 19 million users and offers iOS and Android apps. Bubbly applies a social status‑update model to voice and mobile phones, enabling fans and followers to subscribe to ‘bubblers.’ The company says it will use the new funding to expand its presence in India, Japan, Indonesia, the Philippines and the broader global market. CEO Tom Clayton said the company hadn’t planned to raise more capital but saw JAFCO Asia as an ideal partner given the app’s popularity in Asia. Prior investors remain part of the cap table as strategic backers supporting its regional growth. Bubble Motion’s core product is Bubbly, a voice-blogging phone service that lets users record spoken status updates and notify followers by SMS who can click to listen. The platform mirrors Twitter’s social model but with voice messages and integrates notifications to Twitter and Facebook. Bubbly has over 7 million users across four countries and has delivered more than 250 million bubble messages through its service. The company has carrier partnerships with Bharti Airtel, Telkomsel, and Globe to distribute the service in Asian markets. Bubble Motion recently updated the platform to push notifications and links to Twitter and Facebook and continues to rely on SMS-focused technology. The startup plans to use the new funding to expand into new countries outside Asia, with Brazil and Europe explicitly eyed as target markets. Bubble Motion is a voice messaging company best known for BubbleTALK, a 'click, talk, and send' messaging service the company positions as more fun than SMS and that doesn’t require calling. The company works with mobile operators around the world to create a network of voice messaging and voice content applications. BubbleTALK is available to over 225 million subscribers globally. Bubble Motion operates internationally with employees in Silicon Valley, Singapore, London, Madrid, Rome, Stockholm, Helsinki, New Delhi, Kuala Lumpur, and Tokyo. The company has raised a total of $35 million to date after securing a new $6 million financing. As part of the financing, Al Snyder (former COO of Openwave) and Amanda Reed from Palomar Ventures will join Bubble Motion’s board of directors.
- MyBuys
Participated · Series C · Mar 2011
MyBuys builds profiles based on individual shoppers’ behavior and uses a patented portfolio of algorithms and real-time optimization to deliver the most relevant recommendations. The company partners with over 300 online retailers, brands and agencies to offer personalized recommendations. MyBuys recently launched predictive display advertising and personalized mobile commerce solutions for iPhone, iPad, Android and BlackBerry devices. It offers prospective clients a free test of its personalized mobile site and waives implementation fees if the mobile site does not perform better than the client’s current site. Financially, MyBuys has secured a third round of funding totaling $20 million to support its product offerings and growth. MyBuys offers a 1:1 behavioral service that targets customers while they shop and follows up via email and RSS feeds. The company positions this model as an alternative to heavy spending on banners and SEO, arguing it can keep visitors on site and increase sales. MyBuys recently raised $10 million in a Series B financing led by Palomar Ventures with participation from Lightspeed Venture Partners. The company is based in Redwood City, Calif. MyBuys is managed by Robert Cell (CEO), Mark Weiler (VP of Engineering), and Paul Rosenblum (VP of Marketing).
- Damballa
Participated · Equity · Feb 2011
Damballa develops Failsafe, an automated breach defense system that detects successful infections with certainty, terminates their activity, and provides indisputable evidence to responders. Failsafe delivers actionable information about known and unknown threats regardless of the infection’s source, entry vector, or device OS, and the company’s solutions leverage Big Data and machine learning. Damballa states it protects more than 400 million endpoints globally and supports PCs, Macs, Unix, iOS, Android, and embedded systems. The company reported its best year to date in 2013 and a record Q1 2014. It will use new funding to drive North American and international sales expansion, marketing, and channel efforts. Damballa positions its product to help security teams automate detection, reduce false positives, and shorten time to response and remediation. Damballa provides advanced threat protection solutions for corporate, telecommunications and Internet service provider networks. Its network-based, patent-pending analytics detect criminal command-and-control behaviors and inbound malware, automatically correlating evidence to uncover hidden infections and terminate criminal activity. The company’s solutions protect networks with any type of server or endpoint, including PCs, Macs, Unix, smartphones, mobile and embedded systems, and Damballa reports protecting more than 200 million endpoints worldwide. Damballa emphasizes strong returns by reducing the overall cost of threat detection and incident response for customers. The company plans to accelerate marketing, sales and channel programs to meet rising market demand. Leadership cites product innovations and expanded threat research capabilities as central to capitalizing on the advanced threat protection market. Damballa provides network security solutions that detect and terminate criminal remote-control communications, targeted attacks, botnets, and advanced malware. Its patent-pending, platform- and system-agnostic solutions protect networks across PCs, Macs, smartphones, mobile and embedded systems. Customers include Fortune 1000 companies, internet and telecommunications service providers, government agencies, and leading universities, and the company reports a 100 percent renewal rate. Damballa is privately held and headquartered in Atlanta. The company announced $12 million in new equity funding to extend its technology leadership and capitalize on growing global demand. It plans to expand research and engineering efforts and to extend protections to cloud and public sector networks as activity shifts to mobile devices and the cloud.
Team
No current team members are available.