Current Investments
Accruent

Accruent is the leading provider of contract management solutions for Fortune 1000 companies.

Santa Monica, CA

 
Aurora Flight Sciences

Aurora Flight Services provides contract manufacturing, sub-system design and development services for Unmanned Aerial Vehicles.

Manassas, VA

 
Aveksa

Aveksa develops software solutions for the monitoring of requirements associated with compliance and regulatory matters.

Waltham, MA

 
Blazent

Blazent is the leading provider of IT analytics and IT optimization software for enterprises.

San Francisco, CA

 
Boomi

Boomi provides a next-generation SaaS-based application integration platform, used to connect both on-demand and on-premise applications.

Berwyn, PA

 
Clickable

Clickable is an online solution that makes creating and managing online advertising simple and effective. Clickable provides an intuitive interface to view and manage performance across all ad networks.

New York, NY

 
Conductor

Emerging leader in natural search solutions, helping organizations manage information for greater search engine visibility, developing industry leading SEO solutions, and providing thought leadership for the natural search industry.

New York, NY

 
COPAN Systems

COPAN Systems builds next generation disk based systems which fill the need for low cost, high density, data storage solutions.

Longmont, CO

 
Dovetail Insurance

Dovetail is a technology-based, insurance service business that enables state and federal governments to issue and service insurance policies to its residents.

Columbia, SC

 
Duck Creek Technologies

Duck Creek Technologies develops and markets software that enables insurance carriers to rapidly define, develop, deploy, and manage their insurance products and services – for any line of business.

Bolivar, MO

 
Duck Creek Technologies Europe

Duck Creek Technologies Europe is focused on developing new solutions that improve the way the insurance industry process their business - resulting in increased revenue and decreased costs for customers.

London, UK

 
EagleEye Analytics

EagleEye was created to be the preeminent predictive analytics, data and information vendor to the financial services industry.

Columbia, SC

 
Elance

Elance is the leading provider of software solutions for services procurement and management, improving the way that enterprises buy and manage services.

Mountain View, CA

 
First Advantage

First Advantage (NADSAQ: FADV) provides best-in-class single source solutions for global risk mitigation and enterprise and consumer screening needs.

Poway, CA

 
GCT Semiconductor

GCT Semiconductor is a fabless semiconductor company that designs, develops and markets innovative integrated circuit solutions for the wireless communications industry.

San Jose, CA

 
Hammerhead Systems

Hammerhead Systems builds a next generation, high performance service migration switch for the telecommunications industry.

Mountain View, CA

 
Health Plan One

Health Plan One (HPO) is an innovative online health insurancemarketplace for individuals, families, small groups and Medicarerecipients to research, compare and purchase health care plans from awide range of leading national carriers.

Shelton, CT

 
iBiquity Digital

iBiquity is the only FCC-approved provider of end-to-end digital broadcasting within the existing spectrum in conjunction with continued analog broadcasts to legacy receivers.

Murray Hill, NJ

 
IMImobile

IMI provides mobile value-added content and technology to wireless carriers primarily serving the Indian market and also serving countries in the Middle East and Latin America.

Hyderabad, India

 
Klocwork

Klocwork provides automated software solutions that enable enterprise customers to develop and deliver reliable, secure and high performance software.

Ottawa, Canada

 
Live Gamer

Live Gamer is the first and only publisher-supported MMOG (massive multiplayer online gamers)and virtual world commerce platform serving gamers for the buying and selling of virtual gaming items.

New York, NY

 
Lumos Labs

Lumos Labs builds subscription-based and free online games for improving brain health and performance, based on the latest neural cognitive research and development.

San Francisco, CA

 
Mantaro Networks

Mantaro provides hardware design contracting and consulting services to technology companies.

Myersville, MD

 
MTM Technologies

MTM (NASDAQ: MTMC) is a leading computer and communications technology management company providing IT networking and data center services.

Stamford, CT

 
NewRiver

NewRiver offers critical regulatory compliant financial data to financial institutions including the mutual fund and broker dealer industries.

Andover, MA

 
Recordant

Recordant has developed a system composed of hardware and software components that enables users to record and analyze communications between sales forces and their customers.

Alpharetta, GA

 
Reflexis Systems

Reflexis is the only Workforce Management solution that closes-the-loop on task and labor planning, store execution, and compliance measurement in real-time to help retailers optimize productivity and ensure a consistent customer experience at every store.

Norwood, MA

 
Riot Games

Riot Games is a consumer-facing game development studio.

Los Angeles, CA

 
Rsoft Design Group

RSoft Design Group offers development, design and configuration software for the photonics and telecommunications industries.

Ossining, NY

 
Saba Software (SABA)

SABA Software (NASDAQ: SABA) is a leading provider of Human Capital Development and Management solutions.

Redwod Shores, CA

 
Scalent Systems

Scalent is the emerging technology leader providing IT infrastructure virtualization software for enterprises, enabling on-demand and utility computing.

Redwood City, CA

 
SecondMarket

SecondMarket is the largest secondary market dedicated to creating liquidity for illiquid assets.

New York, NY

 
SkyOnline

SkyOnline is an integrated telecommunications solutions provider based in Latin America that delivers data, voice and Internet services.

McLean, VA

 
SPADAC

SPADAC utilizes geospatial mapping techniques with additional data sets and its proprietary analytics software engine to forecast future events.

McLean, VA

 
Summit Microelectronics

Summit Microelectronics is a fabless semiconductor company that designs, develops and markets programmable analog power management devices.

Campbell, CA

 
Superior Access Insurance Services

Superior Access is a technology enabled wholesaler of insurance that has created an online exchange for 4,000 subscribing agents to purchase policies from over 60 carriers using the system.

Irvine, CA

 
Swingtide

Swingtide provides information technology and product distribution strategy consulting services for the financial services industry.

Portsmouth, NH

 
Tectura

Tectura is the leading global solutions provider for the implementation of Microsoft Business Solutions.

Redwood City, CA

 
Touchdown Technologies

Touchdown designs and fabricates next generation solutions for production testing of semiconductor devices.

Baldwin Park, CA

 
weplay

weplay operates an online youth sports community for kids, families, coaches and fans.

New York, NY

 
Workscape (Performaworks)

Workscape is a proven provider of benefits and workforce management solutions.

Burlington, MA

 
Historical Investments
Alidian Networks

Alidian Networks

Alidian Networks offered Optical Service Network (OSN) products used to assist multiple data types to be carried in native mode on a single wavelength.

San Jose, CA

 
Altawave (LightBridge)

Altawave was a provider of carrier-class software for wireless application management and caching. Acquired by LightBridge.

Fremont, CA

 
Amber Networks (Nokia)

Amber Networks was a provider of advanced carrier-class IP/Optical edge networking systems, delivering wire-speed processing performance and high service availability. Acquired by Nokia.

Milpitas, CA

 
Analex (NLX)

Analex was a provider of technology-based professional services to the federal government clients. Acquired by QinetiQ North America.

Alexandria, VA

 
Arrowpoint (Cisco Systems)

ArrowPoint was a provider of switches that optimized the delivery of content over the Internet. Acquired by Cisco Systems.

Westford, MA

 
Asia Online

Asia Online

Asia Online was a provider of Pan-Asia-Pacific business Internet solutions, including dial-up, leased lines, ISDN, roaming, Web design & hosting, advertising and e-commerce.

Hong Kong, China

 
AsiaDemand

AsiaDemand

AsiaDemand was a provider of an e-commerce platform for customers engaged in international trade.

Chino Hills, CA

 
Authoria

Authoria is a provider of integrated talent management, performance management, recruiting and compensation management software.

Waltham, MA

 
Bizgenics (Cyclone Commerce)

BizGenics was a provider of real-time analytics software for proactively managing customer interactions over B2B networks. Acquired by Cyclone Commerce.

San Mateo, CA

 
BOPS (Altera)

BOPS was a provider of programmable broadband digital signal processing (DSP) cores, used in system-on-chip-based applications in the digital communications markets. Acquired by Altera.

Mountain View, CA

 
Bowstreet (IBM)

Bowstreet was a provider of application development tools for building portals, prepackaged composite applications and distributed Web-based services. Acquired by IBM.

Portsmouth, NH

 
BriteSmile (BSML)

BriteSmile provides teeth whitening products and services that are distributed in professional salon settings known as BriteSmile Professional Teeth Whitening Centers.

Boca Raton, FL

 
Celeritek (Strasbaugh)

Celeritek was a provider of gallium arsenide (GaAs) semiconductor components and subsystems used in the transmission of voice, video, and data over wireless networks. Acquired by Strasbaugh.

Santa Clara, CA

 
Celiant (Andrew)

Celiant was a provider of power amplifiers and radio frequency subsystems for 2G and 3G wireless systems. Acquired by Andrew Corp.

Warren, NJ

 
Cobalt Networks (Sun Microsystems)

Cobalt Networks was a provider of Linux-based server appliances that functioned as engines for the delivery of network based services. Acquired by Sun Microsystems.

Mountain View, CA

 
Coppercom (Heico)

Coppercom is a provider of switching, portal and application solutions for communication carriers. Acquired by Heico Companies.

Boca Raton, FL

 
Covalent

Covalent

Covalent was an application services provider offering Web-based customer support services.

San Francisco, CA

 
CPlane

CPlane

CPlane was a provider of service control software solutions to network operators.

San Francisco, CA

 
Debix Systems

Debix Systems

Debix Systems was a provider of debit-based, customizable, multipurpose marketing and payment debit cards for corporate and consumer needs.

New York, NY

 
Digital Generation Systems (StarGuide Digital Networks)

Digital Generation Systems operated a value-added digital advertising network for radio and TV stations in North America. Acquired by StarGuide Digital Networks.

San Francisco, CA

 
Elastic Networks (Paradyne)

Elastic Networks was a provider of high-speed, broadband communications products, enabling broadband access over the existing copper telephone wire infrastructure. Acquired by Paradyne Networks.

Alpharetta, GA

 
Emperative

Emperative

Emperative was a provider of on-demand, service provisioning and management software for carriers.

Waltham, MA

 
Ennovate Networks

Ennovate Networks

Ennovate Networks was a provider of communications edge devices, offering IP QoS through proprietary ASIC and IETF standard MPLS, enabling service providers to sell premium IP services. 

Boxborough, MA

 
Equipe Communications

Equipe Communications

Equipe Communications was a provider of asynchronous transfer mode (ATM) and multiprotocol label switching (MPLS) products to telecom carriers and service providers.

Acton, MA

 
eShare Technologies (Melita)

eShare Technologies (Melita)

eShare Technologies was a provider of real-time customer service and interactive communication solutions for e-commerce and online communities. Acquired by Melita.

East Northport, NY

 
Everest Broadband Networks (SureWest)

Everest Broadband Networks was a provider of multi-tenant broadband services, including Internet, local and long distance telephone services, and Web applications. Acquired by SureWest.

Fort Lee, NJ

 
eWork (Prosavvy)

eWork delivers integrated e-procurement, management, and payroll solutions.

Englewood, CO

 
Flarion Technologies (Qualcomm)

Flarion Technologies was a provider of radio-frequency base stations enabling mobile wireless carriers to offer high-speed data services to subscribers. Acquired by Qualcomm.

Bedminster, NJ

 
Futurelink

Futurelink

Futurelink was an Applications Service Provider focused on Delivery of applications using Citrix.

Garden City, NY

 
Galvantech (Cypress)

Galvantech was a provider of static random access memory products for personal computers. Acquired by Cypress Semiconductor.

Santa Clara, CA

 
Garden.com

Garden.com

Garden.com was a provider of online gardening and gardening-related commerce, content and community.

Austin, TX

 
Giga Information Group (Forrester)

Giga Information Group was a provider of technology information, research, advice and consulting services. Acquired by Forrester Research.

Cambridge, MA

 
Guggenheim.com

Guggenheim.com is the online unit for the Guggenheim contemporary art museum.

New York, NY

 
Haley Systems (RuleBurst)

Haley Systems, Inc. is a technology leader in business rules management systems that provide the fastest cycle times associated with automating business rules, such as policies, procedures, regulations, and logic.

Arlington, Va

 
Homespace (LendingTree)

HomeSpace was an e-commerce site offering mortgage, real estate brokerage services and other related services. Acquired by LendingTree.

Denver, CO

 
Ikena (Net2Phone)

Ikena was a provider of an Interactive Internet application, Group Browsing, which enabled various end-users to surf the Web together and share their Web experience. Acquired by Net2Phone.

Cambridge, MA

 
Installation Included

Installation Included

Installation Included was a provider of installation solutions for products ordered over the Web.

New York, NY

 
InterPacket Networks (Amer. Tower)

InterPacket Networks was an operator of satellite-based Internet network, delivering Internet services to international ISPs in approximately 90 countries. Acquired by American Tower.

Santa Monica, CA

 
Irvine Sensors (IRSN)

Irvine Sensors is a provider of vision systems and miniaturized electronic products for defense, security and commercial applications.

Irvine, CA

 
Iwant

Iwant

Iwant was a community-driven e-commerce site, matching all requests to their database of live offers and initiating one-to-one dialogues between buyers and sellers.

Burlington, MA

 
Kavado (Protegrity)

Kavado was an application-layer security solutions company. Acquired by Protegrity

New York, NY

 
Local Financial (International Bancshares)

Local Financial (International Bancshares)

Local Financial was a provider of commercial loan portfolio, consisting of secured fixed-rate and adjustable-rate loans. Acquired by International Bancshares Corporation.

Oklahoma City, OK

 
Lumenati

Lumenati

Lumenati was a provider of multimedia software and appliances for playing and viewing digital media.

San Rafael, CA

 
Mamamedia

MaMaMedia is a provider of activity-based learning products for kids and their families.

New York, NY

 
Mediaplex (ValueClick)

Mediaplex was a provider of technology-based advertising and marketing solutions including digital ad-serving, e-mail marketing and campaign management solutions. Merged with ValueClick.

Irvine, CA

 
Megsinet (CoreComm)

MegsINet was a provider of packet-based data network and telecommunications services. Acquired by CoreComm.

Chicago, IL

 
MessageMedia (Doubleclick)

MessageMedia was a provider of permission-based, e-mail marketing and messaging solutions. Acquired by DoubleClick.

San Diego, CA

 
MobileQ (Extended Systems)

MobileQ was a provider of server software and solutions for mobile employees, partners and customers. Acquired by ViaFone.

New York, NY

 
Navic Networks (Microsoft)

Navic Networks is a leading data transport technology and service provider, supplying cable and satellite operators with intelligent software connectivity to digital settop boxes.

Newton, MA

 
Netegrity (CA)

Netegrity was a provider of identity and access management products for continuously evolving computing environments. Acquired by CA.

Waltham, MA

 
NETGEAR (NTGR)

NETGEAR provides a range of networking equipment -- hubs, routers, switches, servers and interfaces -- for connecting PCs in home and small business settings to each other and the Internet.

Santa Clara, CA

 
Nitorum (Elance)

Nitorum was a provider of Web-based software for automating the process of procuring business services. Acquired by Elance.

Norwalk, CT

 
Online Retail Partners

Online Retail Partners, now called Accordia, is a provider of application integrations, business intelligence, and packaged software implementation and customization services.

New York, NY

 
OuterForce Systems

OuterForce Systems

OuterForce Systems was a provider of technology platforms for media publishing companies and content providers, for managing external content contributors and editors.

New York, NY

 
Outlooksoft (SAP)

OutlookSoft was a provider of comprehensive business performance management software, offering planning, budgeting, forecasting, reporting and dashboards capabilities. Acquired by SAP.

Stamford, CT

 
Picolight (JDS Uniphase)

Picolight is a provider of high-bandwidth optical transceivers and components. Acquired by JDS Uniphase.

Boulder, CO

 
Preview Travel (Travelocity)

Preview Travel was a provider of online travel services for leisure and small business travelers. Merged with Travelocity.

San Francisco, CA

 
Primordial

Primordial

Primordial was a provider of e-business services including front-end digital brand development, interactive marketing, Internet production, competitive analysis and hosting.

New York, NY

 
Quantum Bridge Communications (Motorola)

Quantum Bridge Communications was a provider of Optical Access Networking equipment designed to eliminate the bandwidth bottlenecks that exist in the public network. Acquired by Motorola.

North Andover, MA

 
Raindance (West)

Raindance provides remote communication services offering audio / Web conferencing and presentation tools. Acquired by West Corporation.

Louisville, CO

 
Remec

Remec

Remec was a provider of high frequency subsystems used in the transmission of voice, video, and data traffic over commercial wireless communications networks in the defense and commercial sectors.

Del Mar, CA

 
RiverDelta Networks (Motorola)

RiverDelta Networks was a provider of carrier-class broadband routing, switching, cable modem termination system (CMTS), and service management solutions. Acquired by Motorola.

Tewksbury, MA

 
Securify

Securify is a pioneer in policy-based security management, enabling enterprises to see, manage and secure their whole IT infrastructure to reduce risk.

Mountain View, CA

 
Service Metrics (Exodus)

Service Metrics was a provider of Internet performance data and diagnostic services. Acquired by Digital Island.

Boulder, CO

 
SilverStream Software (Novell)

SilverStream Software was a provider of Web services-oriented application development platform, used for building sophisticated business applications. Acquired by Novell.

Burlington, MA

 
Sphera Optical Networks (OnFiber)

Sphera Optical Networks was a provider of optical metropolitan networks for ISPs, ASPs, and worldwide service providers. Acquired by OnFiber Communications.

New York, NY

 
STM Wireless

STM Wireless

STM Wireless was a provider of wireless-based satellite communications infrastructure and user terminal products.

Irvine, CA

 
StubHub (eBay)

StubHub operates an online ticket marketplace, enabling fans to buy and sell sporting, concert, theater, and other live entertainment events’ tickets. Acquired by eBay.

San Francisco, CA

 
Sycamore Networks (SCMR)

Sycamore Networks provides intelligent bandwidth management solutions including optical switches; network performance management system; and mesh network modeling and configuration software.

Chelmsford, MA

 
Syncra Systems (Retek)

Syncra Systems was a provider of collaborative planning, forecasting and replenishment (CPFR) solutions that allow supply chain collaboration between trading partners. Acquired by Retek.

Cambridge, MA

 
Syndesis (Subex)

Syndesis was a provider of service fulfillment solutions, enabling operators to create, offer and automate advanced communications services such as IPTV, VoIP and broadband. Acquired by Subex.

Ontario, Canada

 
Telelogue (ScanSoft)

Telelogue was a provider of directory assistance services to telecommunications service providers. Acquired by ScanSoft.

Iselin, NJ

 
Tellium (Zhone)

Tellium was a provider of OADM (optical add-drop multiplexer) for photonic networks for service providers. Merged with Zhone Technologies.

Oceanport, NJ

 
TheStreet.com (TSCM)

TheStreet.com is a financial media company, providing financial commentary, analysis, and news with financial coverage to individual investors.

New York, NY

 
Thor Technologies (Oracle)

Thor Technologies was a provider of identity management solutions, that automate the management of identities and administer lifecycles of access privileges. Acquired by Oracle.

New York, NY

 
Tian Software Company (OutlookSoft)

Tian Software Company was a provider of personalized Web sites and marketing solutions for e-businesses. Acquired by OutlookSoft.

Denver, CO

 
Trigo Technologies (IBM)

Trigo was a provider of product information management middleware, enabling customers to centrally manage product information from disparate data sources. Acquired by IBM.

Brisbane, CA

 
Trikon Technologies (Aviza)

Trikon Technologies was a provider of front-end wafer processing semiconductor-manufacturing equipments, used for chemical vapor deposition and plasma etch processes. Acquired by Aviza Technology.

 

Newport, United Kingdom

 
US Search (First Advantage)

US SEARCH was a provider of risk management data and enhanced services, including individual location, identity verification, criminal record checks, employment and education verifications services.

Culver City, CA

 
Vallent (IBM)

Vallent was a provider of network infrastructure performance management software enabling service providers to monitor network problems and improve service quality. Acquired by IBM.

Bellevue, WA

 
Vcommerce (Sun Hill Software)

Vcommerce was a provider of enterprise e-commerce and marketing solutions for online retailers and multi-channel companies. Acquired by Sun Hill Software.

Scottsdale, AZ

 
Vertel

Vertel is a provider of telecommunications software and professional services company.

Woodland Hills, CA

 
Viasat (VSAT)

ViaSat engages in the production of satellite and other wireless communications and networking systems for government and commercial customers.

Carlsbad, CA

 
Wit Capital

Wit Capital was a technology-focused, research driven investment banking firm. Acquired by Goldman Sachs.

New York, NY