SAVANA: Why does it take several weeks to get a mortgage when everything is electronic, and why have some banks been fined billions of dollars, and why are mortgage regulations so burdensome, and finally, why does it cost so much to close and service mortgage loans? Savana looks to revolutionize the mortgage industry and help financial institutions handle customer complaints. Wouldn't it be nice to ask for a mortgage loan in the morning and get the funding by the end of the day? That vision, and Savana's long history and culture of delivering results to their customers, is why so many people are interested in Savana.
AGILENCE: Retailers don't like fraud, or theft, or costly employee mistakes. That's why many retailers use Agilence's 20/20 SaaS solution which connects all the dots within their stores by automatically collecting all their data. And the smart people at Agilence added in some analytics, so now the right people have the data to identify any problems - before they become problems - and to improve operations and reduce fraud.
SIDECAR: Their SaaS marketing engine is not quite a crystal ball - but it IS like a crystal box. Most online retailers have lots of people, flipping lots of switches in lots of software packages in hopes of increasing their online sales. Sidecar's engineers have a way to take tons of data (aka - bigdata) from their customers and even their customer's competitors - dump it in a 'box' and in most cases - increase online sales. Its a crystal box because customers can see things that's are going on inside. Oh - most of Sidecar's customers have also decreased their cost of sales, while increasing their sales at the same time!
LUMESIS: In today's world, you can buy municipal bonds, trade municipal bonds, underwrite municipal bonds, and even wallpaper your kitchen with municpal bonds - but its more difficult to buy insurance on municpal bonds than it was in the 'old days'. So traders, portfolio managers, financial advisors, and underwriters and issuers have to know what they are selling, and know what's happening in the portfolio, as well as comply with the regulators. That's why Lumesis' snazzy data driven heat maps show up on CNBC, and why lots of people in all aspects of the municipal bond industry subscribe to Lumesis' SaaS solutions.
ANYSOURCE MEDIA (acquired by DivX): Have you ever complained about your cable company, or wanted to eliminate paying for 500+ channels of the Kardashians? That may be why Rovi/DivX bought AnySource - because the world wanted to connect their TVs to the Internet without needing boxes and a degree in electrical wiring.
MODA (acquired by Lonza Group): Lonza bought MODA, which had developed great technology to help pharmaceutical and consumer products companies keep track of boring quality control in their manufacturing processes. People don't like to be bored so MODA takes care of the boring stuff, letting their smart customers make great things.
HARDMETRICS (acquired by iQor): Call centers have always focused on analyzing their rep's time on a call, calls per day, and other things that pump more call throughput. HardMetrics helps call centers make business sense out of the calls and figure out what is happening in their business based on the calls taking place - its called Business Intelligence. iQor bought HardMetrics and now, its customers all over the world are even more intelligent.
ORBIUS (acquired by Beyond.com): Before social networks were, well...really social, Orbius figured out how to let anyone create a limitless social community of social communities. If it sounds like you could use Orbius for anything that connected people - you're right, which is probably why Beyond.com bought Orbius.
HX Technologies (acquired by Medecision): Why doesn't my doctor have my MRI from two years ago? Heck - why doesn't my doctor have my MRI from two WEEKS ago?! This should have been solved long time ago which is why the folks at HX Technologies patented technology to match patients' records to the right patient in a HIPPA compliant way. Medecision bought the company and will hopefully eliminate my doctor asking me for a two year old CD ROM (what's a CD-ROM anyway?).
CERTES NETWORKS: Certes aims to make the data world a safer place. Lots of buzzwords like low latency, wire-speed encryption, and key management means a lot to their really smart customers like governments, financials institutions, and anyone else that doesn't want people cracking their information.
EVIDENT: When company IT departments create a virtual machine, its easy to manage. But most ecommerce, pharama, financial services, governments, etc. create tens of thousands of virtual machines - each with virtual storage and virtual networks. Its virtually -no, its actually - impossible to monitor these without something like Evident's solution. Evident would be a stronger company today if they hadn't had so much success in the financial services industry - just before the financial services industry downturn!
DAYAK: We invested in Dayak because we understand Human Capital, and Dayak's platform helped recruiters do their jobs better. But when the world seemed to stop hiring during the financial downturn, Dayak still helped recruiters but the recruiters didn't have a job to do. That's why we have a portfolio of companies and why entprenerurs with failures become valuable.
VIZINEX: When Carl Sagan uttered the phrase "Billions Upon Billions", he was talking about stars in the universe. When Vizinex talks about Billions Upon Billions, they are talking about those little chips that identify everything from T-Shirts to plane parts, to body implants to soft drinks. Vizinex makes these chips special - not every one of course - but for customers who need RFID chips to do something unique - Vizinez might be able to make a special chip - and lots of them.
TICKETLEAP: Ever wanted to sell tickets to your own event? Millions of people do every day and now they can use their mobile device, computer, tablet, or whatever they want, to create a great event, attract ticket buyers, and make some money. The Ticketleap team keeps inventing really cool things like the "Selfie Ticket", and the big guys keep copying Ticketleap. But, no one likes to buy things from big, dumb, copiers so Ticketleap sells over $100M a year in tickets online.
WAYWIRE (aka MAGNIFY): Waywire curates video, and has patents on its video curation engines, and a book on Curation from its founder - all before curation became cool. Imagine what TV would be like if all we had was YouTube. NBC, CBS, CNN, Disney, ESPN etc. etc. etc. ALL exist because we expect a certain experience. Waywire's SaaS video curation platform is for any online publisher, media company, or brand, that has an audience (... isn't that any company?).
PROCTORU (Acquired HIGHERNEXT): Cheaters never prosper. ProctorU is one of the largest online proctoring companies in the world, monitoring test takers in colleges and universities in realtime. So ProctorU bought our investment - HigherNext - which had developed technology to catch online test cheaters.