• RedSeal

  Participated · Series C · Apr 2015

  RedSeal provides a cyber risk modeling platform that models public cloud, private cloud and physical networks to validate security posture, accelerate investigations and improve productivity for network and security teams. Its platform delivers actionable intelligence, situational awareness and a Digital Resilience Score. RedSeal's analytics are designed to help security teams prepare for and contain cyber risks within minutes rather than days. The company serves more than 220 Global 2000 corporations and mission-critical government agencies, including all branches of the U.S. military, power grid companies and major financial institutions. Led by chairman and CEO Ray Rothrock, RedSeal intends to use the new funding to accelerate its growth. RedSeal provides a security analytics platform that generates intelligence to protect critical network assets and supports emerging cloud and mobile technologies. Its analytics engine builds a functioning model of a customers network, tests the network to identify security risks, prioritizes needed actions, and supplies information to remediate issues. The platform is in use in more than 200 finance, retail, and technology companies, utilities, service providers and government agencies. RedSeal has operations in North America, Europe and Asia. Led by Chairman and CEO Ray Rothrock, COO Pete Sinclair and CTO Mike Lloyd, the company intends to use new funding to increase engineering capabilities and expand its presence domestically and overseas. RedSeal Networks provides proactive security intelligence solutions that help IT security management and staff understand the security state and regulatory compliance of their network and information systems. Its platform enables customers to recognize the resulting risk to operations and assets and to identify and drive actions to improve security and reduce risk. The company recently launched RedSeal 5, adding capabilities around security performance metrics and predictive security infrastructure impact analysis. RedSeal serves Fortune 1000 customers, government organizations and large global multinationals. It plans to use new funding to expand its presence in Europe—growing the size and reach of its sales and channel programs—and to support customers in India, where it opened an office in Bangalore. The company is led by President and CEO Parveen Jain and has secured $10M in funding. RedSeal Systems is a San Mateo-based vendor of security posture management software. Its product enables organizations to assess and strengthen their cyber-defenses. The company raised $12M in a financing round led by OVP Venture Partners with participation from Venrock, Jafco Ventures, Sutter Hill Ventures and Leapfrog Ventures. This investment brought RedSeal's total capital raised to approximately $43M. Mark Ashida, managing director at OVP Venture Partners and former general manager of enterprise networking and authentication for Microsoft, joined RedSeal’s board of directors. The financing was reported by FinSMEs on October 21, 2009.

• RetailNext

  Participated · Equity · Jul 2014

  RetailNext provides smart store analytics that automatically collects and analyzes shopper behavior through proprietary sensors and a centralized SaaS solution to optimize store performance, security, and compliance. The platform includes solutions such as theft prevention analytics and predictive traffic forecasting and is used for in‑store traffic and conversion analytics. RetailNext has scaled to more than 100 countries, served 560 retail brands, and in 2024 averaged 1,200 installations into physical retail shops per month. The company plans to expand its international team, accelerate product innovation, and use significant capital for acquisitions. RetailNext was founded in 2008 and is headquartered in Campbell, California. Houlihan Lokey served as advisors on the transaction. RetailNext operates a centralized SaaS and IoT platform that aggregates shopper behavior data and delivers in-store analytics to help retailers optimize the customer journey and operations. The platform integrates data from staffing systems, promotional calendars, weather services, point-of-sale systems, Wi‑Fi device detection, and video analytics. Its tools enable retailers to measure store performance, drive sales, reduce costs, and mitigate liability risks. The company was founded in 2007 by Cisco engineers and, as of May 2021, its analytics software has been adopted by over 450 retailers in more than 85 countries. RetailNext experienced record growth in Q1 2021, and the firm says post-COVID retailers are seeking innovative platforms to sustain their business. The company plans to use new capital to accelerate implementation of retail data infrastructure solutions in response to rising market demand. RetailNext operates a retail-oriented Internet-of-Things platform that conducts shopper analytics via a centralized SaaS platform. The company focuses on providing analytics to retail operators to understand shopper behavior. Its core product is described in the article as a consolidated SaaS solution for shopper analytics. The report highlights a strategic equity investment into the company, suggesting external investor interest. The article does not provide operating metrics, revenue, user counts, or financing size. No future product plans or financial details are specified in the coverage. RetailNext offers a SaaS platform that collects and correlates data from a broad set of in-store data sources, including sensors, to measure shopper behavior. Led by founder and CEO Alexei Agratchev, the company operates in 40 countries. It plans to use new funding to extend platform capabilities through investment in research and development, including expanding engineering resources and adding in-store location and predictive analytics technologies. RetailNext also intends to accelerate growth in new markets, strengthen its presence in North America, Europe and Asia, and pursue strategic acquisitions. The company has raised $184M to date, including the most recent $125M round. RetailNext offers in-store analytics and big-data services that aggregate video, passive Wi‑Fi, point-of-sale, workforce management, credit-card and other data to track and analyze shopper behavior. The company tracks over 500 million shoppers per year across nearly 100,000 in-store sensors in 33 countries and serves about 140 global retail customers. New store deployments are growing at a rate of at least 400 installations per month, and customers include Bloomingdales, American Apparel, Brookstone, Mont Blanc, Ulta and Family Dollar. RetailNext acquired the opt-in in-store data tracking service Nearbuy in December 2013 in a mid-teen-millions deal to add Wi‑Fi-based tracking. With the new funding, the company plans to expand into Asia, Europe, Latin America and other emerging markets and to boost research and development. It is pursuing additional in-store location and predictive analytics applications for the data it collects.

• iControl Networks

  Participated · Series D · Jun 2011

  iControl Networks develops OpenHome, a broadband home management software platform that enables broadband service providers, home security companies, and utilities to offer interactive services and let customers control and connect to their homes via web and mobile devices. OpenHome currently powers Comcast’s XFINITY Home Security service and the nationally‑launched ADT Pulse service, and is in market deployments with additional unannounced broadband service providers. The company offers an energy management solution alongside its other broadband home management services. iControl says the new capital will accelerate deployment of its energy management solution and other services. The company also plans to use the funding to position itself for international expansion. With this round, total investment in iControl has exceeded $100 million. iControl Networks builds broadband-enabled home security and energy control systems that are sold and installed by home protection companies and broadband service providers. The company has extended accessibility with an iPhone app that lets users remotely view cameras and control heating, cooling, lighting and security systems. iControl does not sell directly to homeowners; its technology is designed to be sold by partners such as ADT, and homeowners pay a monthly subscription fee for the service. The company is Palo Alto–based. Competitors mentioned include 4HomeMedia in Sunnyvale. iControl recently closed a third round that added $23 million, bringing total funding to more than $45 million.

• Kovio

  Led · Equity · Jun 2011

  Kovio develops a high-performance printed silicon manufacturing platform that enables scalable item-level NFC technology for branded products and retail markets. The company produces printed silicon NFC Barcodes, RFID tags, and Electronic Article Surveillance (EAS) products. Kovio recently released an EAS product intended to improve the retail experience and enhance loss prevention for retailers. It plans to soon release NFC Barcode products that enable real-time, customizable interaction between consumers, brands, and retailers. Kovio traces its origins to the MIT Media Lab and operates as a privately held Silicon Valley (San Jose-based) company. The company has venture backers including Kleiner Perkins Caufield & Byers, DAG Ventures, and Tyco. Kovio builds semiconductor products using printed silicon electronics and thin-film technology, combining proprietary high-performance silicon inks with graphics printing to produce RF Barcodes on flexible substrates. Its RF Barcodes are designed to work with NFC-enabled mobile phones and devices to enable mobile marketing, targeted promotions, product authenticity checks and deeper product insight for brand owners and retailers. The company cites applications across retail, healthcare, consumer electronics, transportation, manufacturing and energy. Led by CEO Amir Mashkoori, Kovio aims to integrate its products with partner offerings and broaden market adoption. The recent financing is intended to support integration with Tyco Retail Solutions and help introduce Kovio’s products to market.

No current team members are available.