• Experify

  Participated · Seed · Apr 2022

  Experify operates a platform that connects prospective buyers with authentic product owners, either online or through in-person meetups, to collect honest product feedback. The company is led by CEO and co-founder René Pfitzner. Experify is based in Zürich, Switzerland and Palo Alto, CA. It recently closed a $4M seed funding round to support growth. The company plans to use the funds to scale and meet customer demand by increasing headcount, specifically on the sales and product engineering teams. Following the recent addition of a Head of Sales, Experify intends to add a Head of Engineering. Experify will focus on expanding its customer base, further developing the platform, and growing its network of brands using the service.

• Portainer

  Participated · Series A · May 2021

  Portainer.io began in 2017 as Portainer CE, an open-source tool for managing containers in Docker Swarm and has since evolved into a universal container management platform with a Kubernetes GUI and support for Docker, Docker Swarm and Azure ACI. The company also offers Portainer Business, an enterprise product that provides security and control for deploying containers in business-critical environments; Portainer Business launched in December 2020. Portainer is led by CEO Neil Cresswell and is based in Auckland, New Zealand. The company reports a community spanning 190 countries, 4.8 million total users and 500,000 regular monthly users. Portainer plans to use recent funding to drive worldwide user expansion and further product development, including scaling its enterprise offering. The product focus remains on simplifying container management across environments for both community and business customers. Portainer.io is a New Zealand software company that began in 2017 as an open-source product to simplify deployment and management of Docker Swarm environments. Its product has been downloaded more than two billion times and is used by about 500,000 users per month. The company is reporting 50% year-on-year growth and plans to launch Version 2.0, which includes an advanced open-source product and a commercial business edition supporting Docker Swarm, Kubernetes, and Edge computing. Portainer positions itself to make Kubernetes accessible to everyday IT teams without requiring deep Kubernetes expertise. The team intends to use new funding to grow engineering resources globally, expand Kubernetes community uptake, and build traction for the commercial product. CEO and co-founder Neil Cresswell emphasizes bringing "expert simplicity" to complex cloud-native technologies.

• IriusRisk

  Participated · Series A · Sep 2020

  IriusRisk provides an automated threat modeling platform that uses a rules engine and pattern-based approach to analyze client-side and cloud-hosted codebases, importing from tools like AWS CloudFormation, HashiCorp Terraform and Microsoft Visio to generate diagrams and threat models. The platform includes an analytics module with reports and logs and allows customers to extend its pattern detection library with components for AWS, Google Cloud, Azure and industrial control systems. IriusRisk positions its product to bake security into the software development lifecycle so engineering teams can self-serve threat modeling and meet regulatory requirements via extensive security standards libraries. The company reports product and usage growth: the free Community Edition grew 120% to just over 5,400 active users, more than 4,000 projects ran on the free platform last year, and annual recurring revenue has grown over 106% year-over-year for the past two years and is currently at 120% year-over-year growth. Customers include six of the 30 globally systemically important banks, nine Fortune 100 companies, government organizations and a digital forensics firm that supports military end-users. IriusRisk plans to expand headcount from 137 to 160, will launch a new open threat model format in November to improve interoperability, and intends to use new funding to grow its U.S. and EMEA sales and marketing teams. IriusRisk provides an automated threat‑modeling platform for application security, enabling teams to build security into software from design through production. The product helps developers, software architects and security engineers “shift left” to catch design flaws early—addressing an estimated 50% of software vulnerabilities that stem from design. IriusRisk says it has grown to more than 40 enterprise clients across the US, Europe and the UK, including Red Hat and Axway and several Fortune 500 financial, industrial and consumer customers. The company plans to use new funding to continue innovating along its product roadmap and to expand sales and marketing teams in the US, UK and Europe. Co‑founders are Stephen de Vries and Cristina Bentue. The company lists offices/locations in Madrid (Spain), London (UK) and Atlanta (US). Continuum Security is a Madrid-based cybersecurity company that created a threat-modeling platform to automate and scale secure design activities. In 2016 the company launched IriusRisk, an enterprise-focused solution that helps developers and security analysts mitigate software vulnerabilities at application design time. It also maintains BDD-Security, an open-source dynamic testing framework for integrating security testing into development pipelines. The company has a team of 10 and serves customers across Europe and the USA, primarily in the financial and technology verticals. Continuum plans to use the new capital to strengthen its international growth strategy and expand its sales and R&D teams. As a result of the investment it will release IriusRisk 2.0 in 2018.

• Arctic Wolf

  Participated · Series C · Oct 2018

  Arctic Wolf offers a cloud-native security platform that ingests endpoint, cloud and network data to provide a unified view of threats and pairs that software with concierge security teams that tailor responses. The company uses machine learning to validate incidents from more than 2.5 trillion weekly observations, forwarding fewer than five alerts per customer per week on average. Arctic Wolf targets mid-size and enterprise customers and has over 3,000 customers, including more than 100 U.S. state and local government agencies. The company reported $200 million in annual recurring revenue over the prior 12-month period as of last September. Management plans to use recent funding for product development, strategic M&A and global expansion with a particular focus on the Asia‑Pacific region, Australia and New Zealand. Arctic Wolf was co-founded in 2012 and is based in Eden Prairie, Minnesota. Arctic Wolf provides a cloud-native Security Operations Platform paired with its Concierge Security Team to deliver managed detection and response, managed risk, managed cloud monitoring, and managed security awareness. The company emphasizes a proactive, holistic approach to cybersecurity that identifies vulnerabilities, risky configurations, and user behaviors and remediates issues before exploitation. Arctic Wolf reports rapid scale: approximately 3,000 customers, 100% year-over-year ARR growth for each of the last seven years, and 438% year-over-year ARR growth in large enterprise customers. The platform processes about 1.2 trillion security events per week and has nearly 60% of customers using three or more Security Operations solutions. Arctic Wolf has expanded channel reach with 650 global partners and over 40,000 trained sellers, and has grown headcount substantially—onboarding roughly 400 employees in the last 12 months with plans to add 500 more roles. Recent product and go-to-market moves include launching a Managed Security Awareness solution, restructuring its partner program, introducing Service Assurance, and expanding into EMEA. The company says it will continue accelerating market momentum and bring new products and innovations to build world-class Security Operations globally. Arctic Wolf uses the cloud-native Arctic Wolf Platform to provide security operations as a concierge service, pairing platform intelligence with Concierge Security experts who act as extensions of customers' internal teams. Its primary offering, Arctic Wolf Managed Detection and Response (MDR), provides 24x7 monitoring, detection, response, and ongoing risk management. The company reported strong operating momentum, including 106% growth in subscription revenue, 180% growth in enterprise customers, 301% growth in customers using multiple solutions, 282% growth in channel partners, and 270% growth in security events processed (now approaching 1 trillion per week). Arctic Wolf says the new funding will accelerate the introduction of new security operations offerings and help it address new markets. The company also highlights its position as the first cloud-native MDR vendor to secure a valuation above $1 billion. Arctic Wolf is relocating its global headquarters from California to Eden Prairie, Minnesota and plans investments in the new HQ and expansion of its security operations centers. Arctic Wolf provides a security operations center (SOC)-as-a-service offering that delivers Managed Detection and Response (MDR) and Managed Risk services anchored by its Concierge Security Team. Its cloud-based SOC provides 24x7 monitoring, custom threat hunting, alerting, reporting, risk management, and incident response as an extension of customers' internal teams. The company emphasizes predictable pricing and dedicated security analysts to bring enterprise-grade security to organizations that lack internal SOC capabilities. Arctic Wolf reported its customer base grew over 130% in 2019 and has achieved 4300% revenue growth over the prior four years. It has doubled its security team to more than 400 employees across four North American offices. The company plans to use new funding to introduce new service offerings, enter new markets, and further cement its leadership in the Managed Detection and Response market. Arctic Wolf Networks provides SOC-as-a-service (AWN CyberSOC) that delivers 24×7 monitoring, custom alerting, incident investigation and response via Concierge Security engineers and a proprietary cloud-based SIEM. The turnkey service leverages Hybrid AI and threat intelligence subscriptions, requires no hardware or software purchase, and aims to reduce false positives and improve detection. Founded in 2012 and headquartered in Sunnyvale, Calif., Arctic Wolf has expanded to four North American offices and recently opened a Minneapolis location. The company has more than doubled staff in the last year to 166 employees and reports a 219% year-over-year customer growth rate. Arctic Wolf will use the new funding to accelerate company growth, expand its service offering and scale to meet individualized customer needs. Management specifically plans to build out internal vulnerability assessment and endpoint detection and response capabilities. Financially, Arctic Wolf raised $45 million in Series C funding and has now raised $91.2 million to date.

• Nextail

  Participated · Series A · Jun 2018

  Nextail has developed a cloud-based platform that combines artificial intelligence and prescriptive analytics to upgrade retailers’ inventory management processes and store operations. The company is continuously enhancing its product offering through technological innovation and advanced analytics. Founded in 2014 by Joaquín Villalba and Carlos Miragall, Nextail serves fashion and collection-based retailers including Pepe Jeans, Stefanel and Melon Fashion Group. It operates offices in Spain, Italy, Russia, the UK and the USA as it expands internationally. In June 2018 Nextail closed a $10M Series A and intends to use the funds to accelerate product development and double the size of the team. The company focuses on improving store operations and inventory planning for fashion retailers. Nextail offers a Software-as-a-Service that applies machine learning and AI (including image-recognition algorithms) to optimize daily inventory allocation and replenishment for physical retailers. Its technology aims to increase sell-through at full price and reduce markdowns by placing products in stores where they will sell fastest. Typical customers are fashion retailers with 100–1,000 stores, and the SaaS is currently operating in Spain, Italy, France and Russia, with plans to expand to the UK next year. Founded in 2014 by Joaquín Villalba and Carlos Miragall, Nextail says its product increases revenues and reduces inventories through fast-fashion optimization algorithms, massive cloud computation, and collaborative decision-making. The company reports that clients see higher full-price sales and reduced inventory levels. Financially, Nextail has closed a $1.6M funding round that brings total funding to $2M and will use the new financing to accelerate product development and expand sales and marketing.

No current team members are available.