• LockPath, Inc.

  Participated · Series B · Jul 2012

  LockPath is a Kansas City-based provider of governance, risk and compliance (GRC) applications. Its core product, Keylight, is a GRC platform that correlates security information from multiple data sources with current regulations and policies to gauge risk and support compliance decisions. The company serves organizations of all sizes seeking to address regulatory compliance and risk-management challenges. LockPath intends to use recent funding to further develop Keylight to increase scalability and usability. It also plans to expand its channel program via global team growth and improved partner development and certification programs. LockPath closed a $6M Series B led by El Dorado Ventures, which strengthens its financial position for product and go-to-market expansion. LockPath develops information security software products designed to enable regulated organizations of all sizes to move from isolated compliance initiatives and departmental silos of risk-related information to integrated, company-wide compliance strategies. Led by CEO Chris Caldwell, the company offers governance, risk and compliance (GRC) applications. LockPath is based in Overland Park in the Kansas City area and has offices in Minneapolis and Santa Clara. The company closed a $2m Series A financing to support growth. It intends to use the funds to expand its team. In conjunction with the funding, El Dorado Ventures’ General Partner Jeff Hinck joined LockPath’s board.

• enStratus Networks

  Participated · Series A · Nov 2011

  enStratus delivers governance for enterprise cloud deployments via a patent-pending security architecture and a management console that works across leading public and private clouds. Its platform integrates with providers including Amazon Web Services, Windows Azure, Rackspace, OpenStack and others. The company targets enterprise customers and counts hundreds of enterprises worldwide, including Korea Telecom (KT), systems integrator SAIC, Silanis and The Cloud Security Alliance. Led by CEO David Bagley, enStratus focuses on enabling enterprise-class application deployment and management in public, private and hybrid cloud environments. The company plans to expand the business with new team members, partners, solutions and international presence using the newly raised funds. The article does not disclose revenue figures or other financial metrics.

• Visage Mobile

  Participated · Equity · Nov 2010

  Visage Mobile, led by CEO Bzur Haun, is a San Francisco-based provider of a SaaS enterprise mobility management (EMM) solution. Its core product, MobilityCentral, aggregates and organizes data about enterprise mobility spend, devices and users. The company also launched Visage MXP, an automated expense management solution that addresses Bring Your Own Device (BYOD) mobility. Visage has previously integrated its core expense products with Concur, and the recent transaction is the third strategic initiative between the two companies. Concur made an investment via the Concur Perfect Trip Fund. The amount of the investment was not disclosed in the report. Visage Mobile provides a SaaS application, MobilityCentral, that gives businesses control and visibility over wireless devices and corporate mobile spend. MobilityCentral organizes how many wireless devices are in use, which employee is using each device, monthly wireless spend and how spending breaks down. The service helps businesses set policies to govern employee smartphone and mobile broadband usage and aggregates carrier data, device management and usage data for analysis. CEO Bzur Haun says the company's goal is to help enterprises 'organize disparate data sources to make better decisions around managing mobility.' MobilityCentral is deployed with more than 200 enterprise customers, including several Fortune 500 companies. The company has raised $8M in this Series C and $16.1M in total funding to date. Visage Mobile provides a SaaS enterprise mobility management application that gives businesses control and visibility over wireless devices and spend. The service organizes device counts, maps devices to employees, reports monthly wireless spend and spending breakdowns, and helps set policies governing smartphone and mobile broadband usage. The startup’s platform is currently used by over 150 companies and is tracking more than 100,000 devices. Visage Mobile raised $3.6 million in new funding from Qualcomm Ventures, Worldview Technology Partners, and Vesbridge Partners. Earlier this year the company raised $4.5 million from Qualcomm and others, bringing total capital raised to $8.1 million to date. The new funding will be used for product development and customer acquisition. Visage Mobile provides a SaaS application that lets businesses control and gain visibility over all wireless devices and related spend across their companies. The service organizes how many wireless devices are used, which employee is using each device, monthly wireless spend, and how spending breaks down. It also helps businesses set policies to govern employee usage of smartphones and mobile broadband. The company sells enterprise mobility management and inventory controls to help firms manage mobility budgets. Visage Mobile says the new funding will be used to invest in product development and additional services to further these capabilities. The company has raised nearly $100 million in total funding to date. Visage Mobile has reemerged as a San Francisco software company offering tools to help IT directors manage employees' mobile phones. The pivot followed a recapitalization that allowed the company to buy out past investors who objected to the rebranding, clear debt, and grant employees new equity stakes. It recently secured $2 million in venture backing from Vesbridge Partners and Emergence Capital Partners and is seeking an additional $1 million to reach break-even. In its prior incarnation the company built software for mobile virtual network operators, served clients such as Disney and ESPN, raised upwards of $90 million in venture capital, and reached a $200 million valuation in 2007. Since restructuring it acquired Agistics, an early-stage SaaS company, and sold unrelated business units to Convergys Corp. The company is positioned to focus on corporate phone-management software and pursue profitability under the new capital structure.

No current team members are available.