Participated · Equity · Aug 2011

OpenLogic offers commercial-grade technical support for open source software and a suite of governance and scanning tools. The company provides support on over 500 open source packages, a web-based platform for open source governance, scanning solutions, and a library of certified open source software with security notifications. Led by CEO Steven Grandchamp, OpenLogic serves enterprises seeking to safely acquire, support, and control open source software. The company raised new capital and converted existing bridge financing to support its operations. Management plans to use the additional capital to accelerate investment in its cloud solutions and deepen partnerships with cloud infrastructure providers. No revenue or user metrics were disclosed in the article.

Participated · Series C · Sep 2010

Retail Solutions offers a Software-as-a-Service platform that ingests downstream data—point-of-sale, supply chain, merchandiser feedback and customer loyalty data—and converts it into visibility and actionable insights for CPG firms. The platform is used to grow retail sales, maximize in-store operational productivity, plan and execute more effective promotions, reduce costs and improve shelf availability and consumer satisfaction. More than 350 CPG companies use Retail Solutions, including 3M, Abbott, Bayer, Colgate-Palmolive, Heineken, Kraft, Nestlé, Procter & Gamble and Unilever. The company targets both operational improvements and stronger collaboration with retail partners through its analytics. Retail Solutions plans to use new capital to accelerate international growth and pursue acquisitions to further consolidate market leadership. The business is headquartered in Mountain View, California.

Participated · Equity · Apr 2007

Nomis Solutions offers a cloud-native pricing and profitability management platform for retail banks and mortgage lenders, combining big data, machine learning, and AI with industry expertise. The company recently launched its nSight solution for mortgage and deposit pricing and says it has made significant investments in its core platform. Nomis reports 60 percent customer growth over the last six months and positions its platform to help banks tailor product offerings and protect margins amid changing market conditions. The Nomis Platform manages over $2.5 trillion in transaction volume, quotes a price every 60 milliseconds, empowers 14,000+ bankers, and generates nearly $800 million in value annually. With new capital from the investor, Nomis plans to accelerate market-driven innovation and further build out its pricing capabilities and customer-centric analytics. Nomis Solutions is a fintech software company offering a SaaS price-optimization and profitability-management platform for retail banks. Its platform combines big data, advanced modeling, and deep analytics to enable individualized, real-time customer-level pricing across products. Nomis was founded in 2004 and is headquartered in Silicon Valley. The company is used by seven of the top 25 North American retail banks, has over 30 deployments globally and experience in over 80 implementations. In Q1 2017 nearly a trillion dollars in retail transactions were analyzed, priced and managed through its platform; Nomis optimizes nearly $1 trillion in banking transactions annually, with more than 10,000 active frontline bankers and returns of over $300 million to customers each year. Through the Accenture alliance, Nomis intends to expand its reach by leveraging Accenture’s systems-integration capabilities and financial-services expertise. Nomis Solutions is a software company delivering advanced pricing and profitability management for financial services companies. Its Nomis Pricing and Profitability Management Suite uses comprehensive market data and behavioral analytics to predict customer price sensitivity and set prices, interest rates and fees. The platform creates a consistent bank-wide standard, prioritizes individual customer needs, increases customer-side flexibility and optimizes bank pricing to strengthen lifecycle relationships. Headquartered in San Bruno, California, with offices in Toronto, Atlanta and London, Nomis reports experience across more than 50 implementations. Customers have optimized over $600 billion in banking transactions and generated over $600 million in incremental profits using Nomis' solutions. The company says proceeds from a new $5 million credit facility will be used to accelerate growth. Nomis Solutions builds loan-pricing software that analyzes customer data to guide banks on how to price loans. The company's tools are intended to help banks maximize profits by optimizing pricing decisions. Nomis is based in San Bruno, California. The article reports the company raised $8 million in a third round of financing. Existing investor Bain Capital Ventures led the round, with August Capital, Red Rock Ventures and SVB Capital participating. Nomis has raised $20 million in venture funding since 2004.

Led · Series B · Nov 2006

Agiliance provides RiskVision, a software platform that continuously monitors big data for risks across financial, operations, and IT domains. The platform is used by Global 2000 companies and multiple U.S. government agencies. Customers named in the article include Bell Canada, Cisco Systems, Deutsche Bank AG, Qualcomm, State Street Bank and several federal departments. Led by President and CEO Joe Fantuzzi, the company plans to increase product marketing and target sector distribution efforts. Agiliance also intends to bring a new cloud offering to market. The company is backed by investors including Intel Capital, Walden International, Red Rock Ventures and Castile Ventures. Agiliance offers a top-down, risk-oriented Security Risk and Compliance management solution that enables continuous assessment, correlation and quantification of security risk and compliance posture. Its patent-pending technology integrates business processes, applications, IT and physical assets, employees and vendors, and maps controls to standards and frameworks (e.g., ISO 17799/27001, CobiT, NIST) to reduce duplication of effort. The product provides continuous visibility into risk and compliance, helping users prioritize mitigation and fine-tune control deployment. The company said about half a dozen organizations, including some Fortune 500 companies, are using the software but would not disclose how many are paying customers. Agiliance announced the product would be publicly available within a few months and said the new financing will allow it to accelerate product development as well as sales and marketing. The company framed its approach as preemptive—aimed at preventing problems rather than only diagnosing breaches after they occur.