TIFF
170 N Radnor Chester Rd Ste 300, Radnor, PA, 19087, United States
Overview
TIFF was founded in 1991 by a network of foundations with the express purpose of serving the investment needs of the non-profit community. More about our history can be found in our 25th Anniversary booklet. As of September 30, 2016, TIFF served about 700 non-profit members who entrust about $9.5 billion in assets, including committed capital, to our firm. The organization's mission is: to seek to enhance the investment returns of non-profit organizations to reduce the investment and administrative expenses of non-profit organizations to broaden the universe of investment choices available to non-profit organizations to assist non-profit organizations in deploying their assets in a manner that will support charitable expenditures while preserving the purchasing power of their assets to help non-profit organizations monitor and evaluate their investment performance to promote within the non-profit community an understanding of investment management
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Financial Services
Investment portfolio
- Propel Software Solutions
Participated · Series C · Sep 2021
Propel develops Product 360, a unified solution that combines quality management (QMS), product lifecycle management (PLM) and commercialization on the Salesforce platform. Product 360 connects product, quality, customer and supplier information in a single platform to help manufacturers launch products faster, simplify quality and compliance, and improve employee user experience. The product also supports businesses launching recurring‑revenue models that require long‑term customer engagement and enterprise‑wide collaboration with real‑time data. Propel targets industries requiring fast, high‑quality product delivery, including high tech, health and life sciences, consumer, and automotive suppliers. Customers and users cited in the company materials include Cisco, Guardant, Henry Schein, HP, Teladoc, Traeger, Desktop Metal, Imperative Care, Inari Medical, Simplisafe, Vizio, Shell and Zoetis. The company is headquartered in Santa Clara, Calif., and has raised $48 million in total funding to date. Propel offers a cloud-native platform for managing the full product lifecycle from concept and design through manufacturing, sales and service. The company sells three core products: product lifecycle management (PLM) for engineering and manufacturing, product information management for sales and marketing, and quality management for service teams. Propel is built on the Salesforce platform to give sales, marketing, engineering and service personnel shared access to product data. The startup positions its cloud-first approach as faster to deploy and more flexible than legacy on-premise PLM systems from vendors like SAP and Oracle. Propel was founded in 2015 and is headquartered in Santa Clara. It currently has 35 employees and plans to expand headcount to about 50 with the new funding. Financially, the company has raised more than $28 million to date, including an $18 million Series B announced in this round. Propel offers a customer-centric cloud PLM platform built on Salesforce that enables engineers, software developers, sales channels and partners to coordinate the product, customer and service information needed to launch and support products. The platform lets manufacturers capture customer requests, collaborate on the content that defines modern products, and ensure customers embrace products after purchase. Propel serves manufacturers of all sizes with a cloud PLM solution. The company is led by CEO Ray Hein, CTO Ron Hess and CPO Brian Sohmers. Propel intends to use new funding to increase sales and marketing and accelerate development of its cloud PLM solution for manufacturers.
- Astute Networks
Participated · Series B · Jun 2012
Astute Networks develops networked Flash solutions including its patented DataPump Engine™ and Networked Performance Flash architecture, delivered in the ViSX family of flash‑optimized appliances. The company’s technology is designed to accelerate virtual machine and application performance on major virtualization platforms such as VMware vSphere, Microsoft Hyper‑V, Citrix XenServer, and Red Hat RHEV. Led by CEO Steve Topper and based in San Diego, CA, Astute targets virtualized server, desktop, and cloud computing environments. The company closed a $12M Series B to support growth. It plans to use the proceeds to expand global sales, marketing, channel development, and support efforts. The funding will also finance ongoing innovation of its core DataPump Engine, Networked Performance Flash, and related technologies. Astute Networks is a San Diego-based provider of ATCA bladed storage solutions. Its systems are used worldwide by customers in telecommunications, military, aerospace, government and other mission-critical markets. The company developed a 10Gb iSCSI ATCA storage blade designed to support the bandwidth needs of next-generation applications. Astute Networks received a "significant" capital investment from Tallwood Venture Capital. The investment is intended to enable the company to expand its existing customer base and enhance its portfolio of ATCA bladed storage products. The article does not disclose financial details beyond the investment's description.