Fidelity Ventures

More important now than ever, telehealth will long outlast the pandemic that drove its growth.

Telehealth

Kyruus is a company that helps healthcare organizations connect with patients. The company has a search and scheduling platform that allows health systems, hospitals, and medical groups to find patients. The foundation of the platform is made from provider data management, which allows providers to access system-wide information. The company provides tools such as its modern provider search, scheduling, and payer syndication solutions. The company also provides data management facilities to ensure patients using the search feature identify the right care providers. Its search tool covers over 300,000 providers.In September 2022, <a href="https://sp-edge.com/updates/13005">the company acquired Epion Health for an undisclosed sum </a>. The acquisition was carried out to create an all-inclusive patient access and customer engagement solution for healthcare providers and organizations.The combined entity will provide solutions that cover the entirety of a patient’s journey including patient access, care coordination, online scheduling, payment collection, and digital engagement solutions. Providers on Epion Health’s platform will also gain access to Kryuus’ patient engagement tools while Kryuss will integrate Epison’s features such as its telehealth solutions. When combined, Kyruus and Epion Health will support over 500 health systems and medical groups. Key customers and partnershipsIn April 2021, Kyruus acquired HealthSparq, which allowed it to connect to payer and provider access channels. Its customer base includes Banner Health, Baptist Health, Baystate Health, Emory Healthcare, ColumbiaDoctors, Geisinger, Hartfield Medical Group, and Prisma Health.In April 2024, Kyruus partnered with Google Cloud to add its extensive Kyruus Connect for Payers solutions to the Google Cloud Marketplace.In July 2024, the company partnered with XO Health, a healthcare services organization for self-insured employers, to provide XO Health's members with a seamless digital experience. Through the partnership, XO Health's customers will be able to access "Kyruus Connect for Payers" for features such as provider searches, cost transparency, quality scores, primary care selection, augmented provider data, appointment scheduling, and telehealth integration.Funding and financialsThe company last raised funding in June 2020, when it secured USD 30 million in a funding round led by Francisco Partners. The raised funds were set aside to help the company's ability to support healthcare organizations during the pandemic. Post funding Ezra Perlman, Co-President of Francisco Partners, joined Kyruus board of directors.

The latest line of defense against rising cyber attacks

Cyber Insurance

Safe Security is a cyber risk quantification and management (CRQM) company leveraging artificial intelligence (AI) and machine learning (ML) to predict cyber attacks and help organizations assess cyber risk. The company offers solutions to both enterprises and cyber insurers, such as its flagship SAFE cyber risk management platform and the SafeInside cyber underwriting solution. Safe Security was incubated at the Indian Institute of Technology (IIT), Bombay, and was originally known as Lucideus before rebranding in 2021 to pursue US growth plans.The SAFE platform provides organizations a holistic view of their cyber risk across their entire attack surface, including devices, users, and third parties. SAFE integrates with cybersecurity controls and external threat intelligence vendors via API, aggregating signals from across a company’s environment with business context understanding, and leverages predictive AI models co-developed with MIT to predict cyber breaches and provide comprehensive visibility of cyber posture. SAFE also allows organizations to evaluate their cybersecurity controls using the MITRE ATT&amp;CK and D3FEND framework.In June 2023, Safe Security <a href="https://sp-edge.com/updates/19112">launched the Cyber Risk Cloud of Clouds </a>, a platform aggregating risk signals from various services and platforms, including Crowdstrike, Wiz, AWS, Azure, Google Cloud Provider, Qualys, Tanium, Rapid7, and ServiceNow. The platform also integrated a generative AI chat assistant, SafeGPT, to answer cyber risk queries and offer mitigation guidance.The company also offers a cyber risk underwriting platform, SafeInside, which leverages its CRQM capability to assign each company a comprehensive risk score. Safe Security launched a cyber insurance managing general agent (MGA) in December 2022, backed by an AM Best A-rated carrier, to underwrite cyber insurance policies.In July 2023, Safe Security <a href="https://sp-edge.com/updates/20093">announced it was in talks to acquire RiskLens </a>, creator of the Factor Analysis of Information Risk (FAIR) cyber risk quantification standard, for an undisclosed sum, with plans to incorporate the FAIR standard into its platform, alongside Safe’s existing AI decision methodology.Key customers and partnershipsSafe Security partnered with specialty insurer Mosaic Insurance in December 2022 to launch a cyber risk assessment solution leveraging the SAFE platform, providing Mosaic deeper cyber risk visibility for insurance underwriting. The companies announced a <a href="https://sp-edge.com/updates/19302">cyber risk incentive program </a>in June 2023, offering benefits such as credit on premiums and expanded coverage to Mosaic policyholders.As of August 2023, Safe Security’s customers included Pizza Hut, Freddie Mac, GSK, Raytheon, and Munich Re.Funding and financialsIn April 2023, Safe <a href="https://sp-edge.com/updates/17817">raised USD 50 million </a>in a Series B funding round led by Sorenson Capital. The company planned to use the funds to further develop its data-driven cyber risk platform.Safe has reportedly raised more than USD 100 million and disclosed growth of 200% for three consecutive years as of July 2023.

Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

Israeli company, Rapyd, provides FinTech infrastructure for businesses to embed online payment mechanisms using application programming interfaces (APIs). It primarily caters to ecommerce platforms, labor and goods marketplaces, and lenders and financial services providers.Rapyd launched “Virtual Accounts” in May 2022, which function similar to local banking accounts in enabling cross-border payments through local bank transfers. The Virtual Accounts do not have the typical transaction fees and operational costs of local bank accounts, and can be integrated with Rapyd’s other solutions (disbursement, payment acceptance, and wallets). At the time of launch, Virtual Accounts supported bank transfers from over 40 countries and 25 currencies. Rapyd announced two major acquisitions in 2021, <a href="https://sp-edge.com/updates/7276">Neat </a>, a Hong Kong-based cross-border trade enablement platform for SMBs (in December) and Icelandic omnichannel payment services provider <a href="https://sp-edge.com/updates/3930">Valitor </a>(in July; for USD 100 million). The company subsequently <a href="https://sp-edge.com/updates/20618">acquired a part of PayU </a>in August 2023 for USD 610 million; the deal is subject to regulatory clearance, and PayU will retain its operations in India, Turkey, and Southeast Asia, reportedly three primary regions for the business.Post-acquisition, Rapyd had 41 licensed or regulated countries it operates from, which enhances its ability to offer card-acquiring solutions across Europe and Latin America. At the time time, Rapyd’s payment network supported over 1,200 payment methods supported by 18 settlement hubs Key customers and partnerships Rapyd noted that its customer base in August 2021, comprised around 12,000 small and medium-sized businesses and about 650 large enterprises including large multinationals such as Uber and Ikea.Additionally the leading payment infrastructure provider, Stripe, is a key investor in Rapyd. In July 2022, Rapyd also partnered with <a href="https://sp-edge.com/updates/11967?industryIds=53">Rakuten Viber, </a>the operator of messaging and voice-based communication platform Viber, to offer in-app payment transactions to the Viber app. Funding and financials In Q4 2020, Rapyd reportedly generated USD 23 million in revenue, up 241% year-over-year (YoY). The company expected the total payment value handled by the platform to exceed USD 20 billion in 2021, incidentally around 4x the value handled in 2020. The company raised multiple funding rounds in 2021, starting with a USD 300 million Series D funding round in January, followed by an undisclosed amount of funding in April, as well as a <a href="https://sp-edge.com/updates/4660">USD 300 million Series E </a>round in August. The funds earmarked for product developments, expanding its international presence, recruitment, and exploring strategic acquisitions. The company was valued at around USD 15 billion in March 2022 - during secondary dealings - from USD 2.5 billion in January 2021, reportedly making it the highest valued private tech company in Israel at the time.

Eliminating financial intermediaries by directly connecting individuals and businesses

P2P Financial Platforms

Prosper is an online peer-to-peer lending platform that has facilitated over USD 27 billion in loans to more than 1.7 million people since its inception in 2005. It connects borrowers seeking personal loans with investors willing to fund those loans. Prosper offers a range of financial products, including personal loans, home equity loans, home equity lines of credit (HELOCs), and credit cards.
Personal loans through Prosper range from USD 2,000 to USD 50,000, with repayment terms of two to five years. These unsecured loans can be used for various purposes, such as debt consolidation, home improvements, medical expenses, and large purchases. Prosper's proprietary model evaluates factors like credit score, income, and ability to repay when underwriting loan applications.
To receive a personal loan, borrowers go through a pre-qualification process that involves a soft credit check. If approved, their loan request is listed on the platform for investors to consider funding. Once the loan is fully funded by investors, the borrower receives the funds, typically within one to three business days after completing final requirements.
As of January 2024, the average personal loan amount through Prosper was USD 13,500, with an average annual percentage rate (APR) of 20.2% and an origination fee ranging from 1% to 9.99%. Prosper's minimum credit score requirement is 560, and the average borrower credit score is 710.

Digital Wallets

Rapyd is a global fintech-as-a-service company that provides an integrated payments platform allowing businesses to access a vast array of local and cross-border payment methods through a single API. Established in 2016, Rapyd operates across multiple regions through regulated entities, enabling companies to collect and disburse payments compliantly.
In the US, Rapyd Financial Technology US, Inc. facilitates services through partnerships with Evolve Trust and Bank and MVB bank, registered with FinCEN. Within the EU and UK, Rapyd Europe hf., licensed by the Central Bank of Iceland, and CashDash UK Limited, regulated by the FCA, offer electronic money services. Rapyd Holdings Pte Ltd., a major payment institution regulated by the Monetary Authority of Singapore, provides services in Singapore. Globally, Rapyd collaborates with licensed network partners to deliver regulated payment solutions.
Rapyd's platform supports over 900 locally preferred payment methods across 100+ countries, encompassing cards, bank transfers, e-wallets, and cash. Its solutions include Rapyd Collect for accepting payments, Rapyd Disburse for sending payouts, and ancillary services like virtual accounts and fraud management tools. This comprehensive offering enables businesses to streamline operations, access new markets, and create fintech applications without infrastructure or regulatory complexities.
In August 2023, Rapyd acquired PayU's Global Payments Organisation (GPO) division for USD 610 million, gaining enhanced capabilities in Latin America, Central Europe, and over 250,000 clients across 41 jurisdictions. The acquisition followed Rapyd's USD 770 million funding, with an additional USD 700 million raised to finance the deal and pursue further strategic acquisitions.

Simplifying healthcare administration with intuitive tech tools

Hospital Management

Kyruus Health is a leading provider of care access solutions that connect patients with the right healthcare providers. The company's platform integrates comprehensive provider data, enabling informed decisions and seamless access to care across various touchpoints. Kyruus Health's offerings include provider search and scheduling tools, cost transparency solutions, and data management capabilities.
Kyruus Health's technology facilitates provider matching, appointment scheduling, and digital patient intake processes. The platform enhances the overall patient experience by streamlining access to care and ensuring transparency regarding provider expertise, availability, and costs. Additionally, Kyruus Health's solutions empower healthcare organizations, such as hospitals, medical groups, and health plans, to optimize provider utilization and comply with industry mandates.
Through strategic acquisitions and partnerships, Kyruus Health has expanded its network to encompass over 425,000 providers across more than 1,000 hospitals and 500 medical groups. As of 2023, the company served over 90 million health plan members from 100 different health plan brands, solidifying its position as a leading care access platform.
Key customers and partnerships
In July 2024, Kyruus Health announced a strategic partnership with XO Health, an innovative healthcare services organization designed for self-insured employers. This collaboration aimed to enhance XO Health's digital member experience by integrating Kyruus Health's provider search and cost transparency tools, ultimately creating a seamless healthcare journey for members, providers, and payers.
Furthermore, in May 2024, Kyruus Health expanded its national provider network by integrating virtual behavioral health providers, demonstrating its commitment to improving access to mental health services. This expansion added over 30,000 virtual behavioral health providers to the Kyruus Network, enabling health plans, hospitals, and medical groups to seamlessly integrate these providers into their online directories and address access gaps.
Kyruus Health also partnered with WellHive and V3 Gate to support the Veterans Health Administration (VHA), aiming to improve care for all Veterans by accelerating access to care through centralized appointment management across VHA sites.

A new generation of building blocks for emerging tech

Next-gen Semiconductors

Tenstorrent is a company that develops AI processors, licenses AI and RISC-V IP, and builds computers for artificial intelligence applications. Founded in 2016 in Toronto, Canada, Tenstorrent has expanded its operations with offices in the US, Japan, and other global locations. The company offers a range of products including AI processors, RISC-V CPU cores, and chiplets designed for various applications from edge devices to data centers.
Tenstorrent's product line includes the Grayskull processor, announced in 2020, which was designed to accelerate AI model training in data centers and edge servers. The company has since shifted its focus to licensing and services, launching DevCloud in 2021, a cloud-based service allowing developers to run AI models without purchasing hardware. Tenstorrent's latest offering, the Wormhole processor, was unveiled in July 2024. The Wormhole n300 board, featuring dual chips, delivers up to 466 FP8 TFLOPS at 300W, positioning it as a competitive option in the AI hardware market.
The company's technology strategy involves developing both AI accelerators and RISC-V CPU designs, setting it apart from many competitors in the field. Tenstorrent's approach includes creating flexible and scalable solutions, with processors capable of merging to function as a single unit in various configurations. This scalability operates natively without the need for virtualization, allowing for efficient deployment in both workstation and data center environments.
Tenstorrent has also focused on developing its own RISC-V cores, aiming to create a second revenue stream through licensing. The company's Ascalon RISC-V CPU core technology is being leveraged in collaborations with partners to develop RISC-V CPU chiplets for edge AI accelerators. In February 2024, Tenstorrent announced a partnership with Japan's Leading-edge Semiconductor Technology Center (LSTC) to co-design a 2nm edge AI accelerator using Tenstorrent's RISC-V and chiplet IP.

Ensuring the right people access the right resources at the right time

Identity & Access Management

<div>
 
 PingIdentity provides intelligent identity solutions for enterprises. It allows organizations to implement identity-defined security and deliver personalized user experiences across cloud, mobile, SaaS, and on-premises applications by leveraging multi-factor authentication (MFA), single sign-on (SSO), access management, intelligent API security, directory, and data governance capabilities to secure the enterprise.
 
 
 Ping Identity provides PingOne DaVinci, a no-code identity orchestration service that allows organizations to design digital user journeys spanning the entire identity lifecycle, including registration, verification, authentication, authorization, risk, fraud, privileged access, and governance. DaVinci streamlines the integration and deployment of identity services through a drag-and-drop interface and features over 100 connectors for various identity, IT, and automation services. Additionally, Ping Identity offers PingOne for Customers and PingOne for Workforce, offering tiered packages for customer and workforce identity and access management (IAM). These packages help organizations adopt and orchestrate cloud identity more easily by bundling core capabilities.
 
 
 In August 2022, private equity firm Thoma Bravo acquired the company and took it private for USD 2.8 billion. Thoma Bravo's portfolio company ForgeRock was later integrated into Ping Identity. The combined company is positioned to better serve customers across the dynamic and fast-growing IAM market by providing enhanced products and services, broader geographic support, and increased innovation.
 
 
 Key customers and partnerships
 
 
 PingIdentity caters to industries such as financial services, healthcare, retail, manufacturing, government, media and telecommunication, automotive, and insurance.
 
 
 Funding and financials
 
 
 As of Q2 2022, the company had annual recurring revenues of USD 341 million, and, according to the company, it had 331 enterprise customers. PingIdentity was delisted from the NYSE following its acquisition.
 
 
 
</div>

Tenstorrent is enabling a new era in AI and deep learning with its breakthrough processor architecture and software. The company’s mission is to deliver orders of performance and efficiency for AI workloads from the data center to the edge of the Cloud by co-designing hardware, software, and AI algorithms with their technology. Tenstorrent’s architecture scales from datacenter servers to IoT devices with improved efficiency, flexibility, programmability compared to legacy accelerators including CPUs, GPUs, FPGAs, and TPU-type processors. It is developed by their team with expertise in computer architecture, hardware design and verification, systems engineering, compilers, software development, and machine learning algorithms. Tenstorrent is backed by Venture Capital firms including Real Ventures and Eclipse Venture Capital, as well as prominent industry luminaries.

Safe Security is a cyber risk management startup that helps organizations mitigate cyber risk in real-time.

Akeana is a venture funded RISC-V startup founded in early 2021 by leaders in our industry. Our semiconductor IP offerings include low end microcontroller cores, mid-range embedded cores, high end laptop/server cores along with coherent and non-coherent interconnects and accelerators.

Rapyd is a payments platform that inserts fintech services into any app and simplifies the complex offering of local payment methods. It enables e-commerce merchants, gig platforms, challenger wallets, remittance platforms, online lenders, and traditional banks to break free of their old infrastructure and limitations and create new mobile-friendly solutions.

Kyruus delivers proven provider search and scheduling solutions that help hospitals and health systems match patients with the providers best suited to care for them. The ProviderMatch suite of solutions—for consumers, access centers, and referral networks—enables a consistent patient experience across multiple points of access, while aligning provider supply with patient demand. The company’s proprietary provider data management platform forms the foundation of its solutions, powering them with accurate data by coupling data processing with administrative applications. Kyruus was founded in 2010 and is headquartered in Boston, Massachusetts.

RedHill Biopharma specializes in the field of gastrointestinal and infectious diseases, constituting its primary areas of focus within the realm of specialty biopharmaceuticals. It focuses on advancing gastrointestinal and infectious diseases management through innovation, dedication, and a collective mindset of delivering on its promises.

Stylesight is a provider of trend forecasting and product development tools for creative professionals in the fashion and style industries. With Stylesight, designers, manufacturers, and retailers will have access to the latest fashion data and images, which can then be used in advertising campaigns, design plans, and merchandise displays.

At iPipeline, they champion their strong partnerships with customers, partners and employees.They are dedicated to fostering open communication, innovation and a collaborative work environment.  They are passionate about what they do and take pride in leading the information technology and services industry in providing web-based software tools that drive straight-through processing for the insurance and financial services markets on a global basis.

Seatwave is a UK-based fan-to-fan ticket marketplace, where fans can buy and sell tickets for concerts, theatre, sports and other live events.   Sellers list tickets for free, only giving Seatwave a portion of the sale price when the ticket is sold. Buyers pay for tickets through the Seatwave site, guaranteeing secure payment and the timely arrival of tickets. Seatwave launched its iOS SDK in December 2011.  The company was founded by Joe Cohen, formerly of [Match.com](http://www.crunchbase.com/organization/match-com) and [Ticketmaster](http://www.crunchbase.com/organization/ticketmaster), in May 2006 and began online trading in February 2007.

RedBrick Health, an entirely new kind of health company headquartered in Minneapolis, was founded in 2006 to provide a unique, smart and fair solution to the challenge of rising health care costs.  They combine behavior-based health financing with personalized programs and independent advocates, helping employers, health plans, health systems and accountable care organizations experience all the rewards of better consumer health.

BridgeCo offers processor IC and software platforms for connecting Internet media sources, computers and consumer electronics throughout the home.   BridgeCo platforms are targeted at the market for stand-alone after-market and embedded audio applications. BridgeCo platforms are the core technologies underlying digital media players (DMPs), audio/video receivers (AVRs), musical instruments and external multi-channel sound cards.

Black Duck secures and manages open source software worldwide, eliminating open source security vulnerabilities and license compliance pain. With the rapid, widespread adoption of open-source software, Black Duck is a key component of Synopsys’ Software Integrity Platform, the most comprehensive solution for integrating security into the SDLC and software supply chain. Black Duck was established in 2002 and is based in Burlington, Massachusetts, United States.

Teliris delivers visual collaboration services and products designed to drive value across its customers’ video estates. Built on its lightweight Lentaris platform, Teliris delivers end-to-end managed services, immersive video solutions ranging from boardroom to desktop and cloud-based interoperability.

Vibes helps marketers increase revenue and engagement through technology and expertise. The Vibes Mobile Engagement Platform enables marketers to easily manage all mobile communication channels including text messaging, push notifications, Apple Wallet, Google Pay, messaging apps, and mobile web campaigns — all through a single interface. Vibes’ customers include Chipotle, Discover, Lane Bryant, PetSmart, and Allstate. Recognized as a “Cool Vendor in Mobile Marketing” by Gartner Research, the company has delivered more than 6 billion mobile experiences. Vibes is one of only four Tier 1 aggregators with secure, direct connections to all the major carriers. To learn more about Vibes, visit www.vibes.com or connect on Facebook.com/VibesMedia or Twitter.com/vibes.

Sphere Medical Holding PLC develops, manufactures, and commercializes monitoring products for critical care environments in the United Kingdom and internationally. The company offers microanalyser platforms that are used to measure clinical analytes, including pH, glucose, potassium, sodium, calcium, oxygen, Hct, and carbon dioxide. Its products include analyzers for intensive care units and operating rooms; and cardiopulmonary bypass monitors, monitoring catheters, and intravenous anaesthetic analyzers. The company's products also include systems for the intermittent analysis and continuous monitoring of blood and other fluids; and sensors for catheters or other measurement probes. Its products provide healthcare professionals the information to manage therapy and optimize patient outcomes. Sphere Medical Holding PLC was formerly known as Sphere Medical Holding Ltd. and changed its name in November 2006. The company was founded in 2002 and is based in Cambridge, the United Kingdom.

Capitalizing on breakthrough synthetic chemistry, Tetraphase Pharmaceuticals is leveraging a dynamic drug engine targeted at several significant disease categories.

Flock is a free web browser built on the Mozilla Firefox architecture.    Flock aggregates social networks, social media, webmail and related tools within the browser interface. With these tools you can keep your friends and media with you while you browse, and interaction with and between them is as simple as drag and drop.  Flock has 23 services integrated, including Facebook, YouTube, Flickr, Twitter, and Digg. Along with these service integrations, Flock's built-in blog editor and photo uploader deliver a whole browsing experience that is unparalleled by conventional browsers.

Cortera is a provider of comprehensive business-to-business payment and purchase behavior data and insights on public and private companies. The company tracks $1.6 trillion in business-to-business purchases across 45 spend categories to deliver insights on 20 million U.S. business locations. Cortera's solutions enable companies of all sizes to better understand their customers, suppliers and business partners by gaining visibility into what they purchase, how they pay and how their purchase and payment behavior changes over time. Thousands of companies across diverse industries use Cortera solutions to increase revenue, improve sales and marketing effectiveness, and reduce risk. Cortera is privately held with offices in Boca Raton, Florida; Boston and Quincy, Massachusetts and Bangalore, India.

mindSHIFT creats a managed IT environment where leading technology resources and proactive management are available and affordable for organizations of all sizes.   mindSHIFT is accredited by the MSP Alliance, the international organization of managed services providers. As a member of the Managed Services Accreditation Program, mindSHIFT counts itself as one of the top managed IT services providers in the world.

SpikeSource is an open source focused, software certification company.  Their platform provides ISV's with resources that ensure interoperability, scalability, and performance.  They are currently partnered with [Intel](/organization/intel), and run the certification process for applications in the Intel Business Exchange.

EDB provides enterprise-class software and services that enable organizations to harness the full power of Postgres.

GeoLearning is the leading provider of Managed Services and on-demand performance and learning platforms. Hundreds of companies, government agencies and non-profit organizations have deployed GeoLearning's enterprise learning management platforms and rely on their services to drive organizational performance.

MFG.com is the Global Contract Manufacturing Marketplace for Custom Manufactured Parts.   MFG.com enables sourcing professionals and engineers to quickly and easily locate quality suppliers for CNC Machining, Injection Molding, Metal Stamping, Metal Fabrication and many other processes through an easy-to-use online marketplace.   For buyers of custom manufactured parts, no one can match the breadth and depth of MFG.com's global network of contract manufacturers. But even more important than the size of our network of manufacturers is the qualitative data we offer on our job shop members. When you source with MFG.com, you'll see reviews written by sourcing professionals who have direct experience working with our supplier members. You'll have unprecedented clarity into the potential relationship long before the first order is placed.   For manufacturers of custom manufactured parts, the customers you want, use many tools and channels when trying to discover you. They use marketplaces, search engines, industry portals, supplier discovery databases and supplier discovery tools embedded in their internal ERP and sourcing management systems. It would be nearly impossible, and very expensive, for you to insert yourself in all the channels sourcing professionals use to discover suppliers like you. No worries, MFG.com will take care of that for you and make sure you are there when your next customer is looking for you.

NewBay operators and device makers to deliver a lifetime of digital content. connected devices such as mobiles, PCs, tablets, and TVs. They label software platforms as powering cloud-based services for storing, sharing, accessing, and organising digital content.

The Receivables Exchange is an auction-based marketplace that connects large sellers of trade receivables to a broad network of institutional buyers. Transactions over the exchange are standardized and structured to result in a ''true sale'' of the receivables, thus offering balance sheet benefits to sellers and attractive risk-adjusted returns to buyers. The auction model provides corporations with a transparent channel to monetize receivables while providing investors access to the accounts receivable market as well as liquidity, balance sheet, and risk management services. Launched in 2007, the marketplace is operated from New York, United States.

Kajeet, the industry leader for safe, mobile student Internet connectivity, is closing the Homework Gap in school districts across the country. Kajeet provides an affordable mobile broadband solution that connects low-income students to the resources needed to complete homework. The Kajeet SmartSpot® (a portable Wi-Fi hotspot), and the Kajeet SmartBus™ (school bus Wi-Fi) solutions combined with the innovative Sentinel® cloud portal, enables administrators and teachers to provide CIPA-compliant, customizable filtered Internet access that keeps students focused on school work and provides mobile Internet connectivity for education without worry of data abuse.

Xoom is a pioneer in the international money transfer market, providing consumers with an easy to use, cost-effective and safe way of sending money worldwide.     With Xoom, consumers can send money to friends and family to 30 countries in Latin America, the Philippines, India, Europe, Australia and South Africa from the convenience of their mobile phone, tablet or computer.   Xoom was founded in 2001 and is backed by Sequoia Capital, New Enterprise Associates, SVB Capital and Fidelity Ventures.

BlueNote Networks offers communications-enabled business applications. Its SessionSuite business communications platforms deliver voice, video, and other real-time interactive communication services to enterprise users.   The companyâ€™s products include SessionSuite Enterprise Edition, a standalone software application that enables an enterprise to deliver calling features and services, such as integral voicemail and conferencing to distributed Internet-connected users; and SessionSuite SOA Edition and SDK, which adds Web Service APIs that enable organizations to build business processes, applications, and Web sites. Its products also include SessionSuite WebCaller, a telephony client suited for a variety of applications, including portals, kiosks, customer-facing Web sites, Web 2.0 and thin client software applications, and software as a service solutions; SessionSuite Desktop, a Windows-based personal communications assistant that integrates telephony functions with business applications; and SessionSuite Management System, a secure Web-based application for administering SessionSuite services, users, and policies.   The companyâ€™s software allows enterprises, ISVs, and solution providers to incorporate SIP-based interactive communication services into commercial or custom software applications, Web sites, and internal business processes. BlueNote was founded in 2005 and is headquartered in Tewksbury, Massachusetts  As of July 9, 2008, BlueNote Networks, Inc. was acquired by Aspect Software, Inc.

Light Sciences Oncology develops cancer and tumor treatment drugs. Additionally, it offers oncology drugs research and development services to treat hepatocellular carcinoma, metastatic colorectal cancer, and glioma.  Light Sciences Oncology was founded in 1994 and is headquartered in Bellevue, Washington.

Prosper is an online lending platform that connects people who want to borrow money with individuals and institutions. Its platform provides lists of loan requests with low, fixed-rate loans and no hidden fees or prepayment penalties, enabling clients to easily gain access to affordable personal loans and investors to earn solid returns via a data-driven underwriting model. The company was founded in 2005 and is headquartered in San Francisco, California.

Brix Networks is a developer and marketer of real-time service assurance and performance management solutions that verify the quality of advanced, Internet Protocol-based services, such as VoIP, Virtual Private Networks (VPNs), video, and Web-hosted business applications.

eCredit is a privately-held provider of online solutions for commercial credit and collections professionals.

Intellon Corporation, a fabless semiconductor company, engages in the design, develop, manufacture, and marketing of integrated circuits (ICs) for powerline communications or high-speed communications over existing electrical wiring in the United States and internationally. They provides HomePlug-based ICs for home networking, networked entertainment, broadband over powerline access, ethernet-over-coax, smart grid management, and other commercial applications. The HomePlug-based ICs provide connectivity between broadband modems or routers and personal computers, set-top boxes, gaming consoles, and other electronic products within a home; and monitors electrical distribution system, as well as helps in distributing Internet, video-on-demand, and other services.

As of March 2007, PolyServe, Inc. was acquired by Hewlett-Packard Co. PolyServe, Inc. provides software that consolidates servers and storage into manageable, scalable, and available database and file serving utilities. It offers Database Utility for SQL server consolidation, Oracle, Oracle RAC, and DB2; File Serving Utility for high performance scalable NAS, Windows file and print, Web and application clusters, and Oracle. The company's products are distributed through a network of international distributors and direct sales force. The company has strategic partnerships with HP, Microsoft, IBM, Dell, and Novell. The company was incorporated in 1999 and is headquartered in Beaverton, Oregon with additional offices in Atlanta, Boston, Chicago, Houston, Minneapolis, New York, Washington, District of Columbia, San Francisco, and London.

Ping Identity provides cloud-based identity management software for companies and government organizations. They help enterprises achieve Zero Trust identity-defined security & more personalized, streamlined user experiences. The Ping Intelligent Identity Platform provides customers, employees, partners, and, increasingly, IoT, with access to the cloud, mobile, SaaS, and on-premises applications and APIs, while also managing identity and profile data at scale.  Ping Identity was founded in 2002 and headquartered in Denver, Colorado.

Netonomy, Inc. develops online account management, e-commerce, and electronic bill analysis solutions for the communications industry. The company’s customer self-service solution, MyNetonomy, allows consumers, business customers, and POS employees to activate and manage subscriptions, buy new products and services, review, investigate and pay bills, resolve problems, and analyze every aspect of the service relationship using virtually any communications device and also enables point of sales staff, customer service representatives, account managers, and channel marketers to support customers through assisted self-service.

EnvironmentIQ Limited produces and supplies risk management software and services for environment, health, and safety management. The company offers RiskLedger, which provides a platform for controlling risk assessments, managing various incidents and alerting, and reporting across the enterprise. Its flagship product RiskLedger offers various modules, including incident/accident monitoring, risk management, audit, event manager, action management, medical records and occupational health, training, control of substances hazardous to health, material safety data sheet, and environment monitoring and waste management. The company was founded in 1988 as Camaxys Limited and changed its name to EnvironmentIQ Limited in February 2006. The company is based in Cambridge, United Kingdom. EnvironmentIQ Limited is a former subsidiary of CamAxys Group PLC.

Neverfail, Inc., a software company, provides high availability, disaster recovery, and data protection software solutions to financial services, legal, and government industries. It offers Neverfail Continuous Availability Suite, a high availability solution for disaster recovery, business continuity, and continuous data protection, which also ensures that users stay connected to applications during migrations, upgrades, maintenance, and server consolidation. The company also provides Neverfail Application Management, which provides application monitoring and management solutions for mission-critical applications; Neverfail Plug-ins, a solution that protects various windows-based applications, such as anti-virus, archiving, back-up, anti-spam, and fax products; and Neverfail Replicator, which provides continuous data availability that delivers failover and switchback with no data recovery required from backup media. In addition, it offers Neverfail SCOPE, which provides checking, optimization, and performance evaluation solutions for Microsoft windows servers; Neverfail Low Bandwidth Module, a solution that provides bandwidth optimization for LAN and WAN environments; Neverfail Data Rollback Module, which enables network administrators to restore data when a failover occurs; and Entuity Eye of the Storm (EYE) Enterprise 2010, an automated network management software solution that ensures the availability and protection of critical network management systems for EYE users. Neverfail, Inc. has strategic alliances with BlackbBerry; Captaris RightFax; VMware; Microsoft; IBM; Citrix; and Vodafone UK, Ltd. The company was formerly known as Global Continuity and changed its name to Neverfail, Inc. in 2003. Neverfail, Inc. was founded in 1993 and is headquartered in Austin, Texas.

Oakley Networks is a security services company that specializes in threat detection and prevention. It provides military grade data and infrastructure solutions to federal and commercial customers. The Company offers various security solutions including enterprise monitoring and video surveillance for protecting data assets, intellectual property, and infrastructure. They provide integrated endpoint and network solutions with DVR-type incident replay. Oakley Networks was founded in 2002 and is headquartered in the United States.

Verid is responding by introducing a major new version of its industry leading Knowledge Based Authentication (KBA) platform that helps businesses quickly authenticate consumers through a series of personalized questions unique to that individual. Verid's clients include 11 of the top 20 financial service providers, 3 of the top 6 telecom/wireless providers and 3 of the top 10 retailers.

QUMAS delivers a closed-loop compliance model that standardizes and integrates the common elements of compliance tasks across the organization. Enterprises are able to effectively converge all of their compliance programs onto a single platform, radically reducing the cost of compliance and creating competitive advantage. With its proven track record in two of the of the most stringently regulated industries - financial services and life sciences - QUMAS has proven that it is best positioned to provide centralized compliance for any company, regardless of industry. Its solutions ensure corporate compliance with the full spectrum of global regulations.

Black Hat Systems, Inc. provides communications deployment services, management, and transport solutions.

Netifice Communications is redefining how Managed Service Providers deliver secure IP data and voice communication services.

CASHU is a safe payment method designed for and customized to suit, serve, and support online shoppers in all Arabic speaking and surrounding countries. It provides secure, accessible, and easy to use payment solutions, giving everyone the possibility to buy online without discriminating on income, nationality, or banking contacts. It is a payment platform that is built upon, and encapsulates the most sophisticated and up to date fraud prevention and AML systems reducing the risks associated with online payments for both buyers and sellers, which all allows for wider, safer, and faster consumer participation in e-commerce.   Over the years, CASHU has built a large network of approachable vendors creating its availability to its users and spread in thousands of spots across every country and city within MENA region. This huge network made easy to all online buyers to fund their CASHU accounts and spend these funds to buy online from those merchant who accepts CASHU as a payment option. It also helped thousands of merchants around the globe to grow businesses and to expand smoothly and securely in the MENA region offering their products and services to millions of buyers residing in this raw region.   CASHU was established in 2002 and is based in Dubai.

Evident Software's IT Service Intelligence platform helps drive IT value. Our software makes IT usage, costs and their business drivers evident, so our clients can manage IT as an investment. Evident's global reach and patented technology is helping some of the world's largest organizations, including IBM, Fidelity Investments, and British Telecommunications, measure and communicate the business value of IT.

Authoria, Inc. provides integrated talent management software, performance management, recruiting software, and compensation management software. Its products provide talent management solutions that help companies to recruit, develop, compensate, retain, and engage employees. The companyâ€™s products include recruiting, performance, incentive, salary, succession planning, and communications software.   Authoria was formerly known as Foundation Technologies, Inc. and changed its name to Authoria, Inc. in 1999.   The company was founded in 1997 and is headquartered in Waltham, Massachusetts with additional offices in Austin, Texas; Santa Barbara, California; and Bangalore, India.

Airespace is a market leader in the design and development of wireless networking platforms that support business-critical applications. The company's AireWave Director(TM) Software provides dynamic RF intelligence for network optimization, air tight security, seamless mobility, and support for real-time applications, such as voice. With Airespace, enterprises can maximize the value of mobility by putting the air space to work.

e-Security, Inc. is the leading global provider of enterprise security management software. The company works with large enterprises, government organizations and managed security service providers (MSSPs) to help them maximize security, increase efficiency and prove compliance with security policies and regulatory mandates.   e-Security pioneered the SEM market in 1999 and has built a leadership position with the largest install base of enterprise customers, including Methodist Hospital, Oppenheimer Funds, Qualcomm, CSC, Verizon Wireless, Department of Energy, MD Anderson and Northrop Grumman.

Fabric7 Systems, Inc. designs and builds enterprise servers that integrate compute and networking technologies for the datacenter. The companyâ€™s fabric computing architecture unifies compute and network services into a pool of resources. Its servers are designed for enterprise database requirements and electronic design automation.

Newisys® data center products are poised to service the New Economy and its associated cost, efficiency, density and “green'' pressures. All of our products provide the performance and price required for robust data center environments.

The company develops hardware geared to increase a telecommunications carrier's network capacity without disrupting or overhauling the network

InterSAN, Inc. (Scotts Valley, Calif.) is the pioneer of applications-based Storage Area Management (SAM) software that enables enterprises to fully exploit the benefits of large heterogeneous storage  networks.  Based on its unique Virtual Private DataPath (VPD) technology, the  InterSAN solution provides improved application availability, data security,  and service level management.  By centralizing and automating management of complex storage networking infrastructure, InterSAN's solution improves operational efficiency and business scalability for large enterprises.

Neustar's IP Intelligence, formerly Quova, enables businesses to accurately identify where their Website visitors are geographically, by country, state or city. Neustar's high-quality, IP intelligence and geolocation data gives advertising agencies, publishers, and web design firms the tools develop applications, and deliver content that is customized for a distinct locale and end-user. www.quova.com

Aventail is a Seattle, Washington provider of technology that allows employees to remotely access their corporate network. They were acquired by SonicWALL in June of 2007.

Founded in 1997, Santa Clara, CA-based Sanctum, Inc. is recognized by IDC as the de facto leader in Web application security. Sanctum’s solutions help organizations create reliable “hacker resistant” applications in the development environment, assure quality in the QA environment, and maintain confidence in the live production environment. Sanctum's solutions include AppShield, an automated Intrusion Prevention system, and an automated application risk assessment and security testing tool called AppScan. Together they provide the most comprehensive policy based security available today to stop any unanticipated application level attack and maintain the application behavior as originally intended by the developer. Today, with solutions from Sanctum, the enterprise is assured quality, compliance and security across the application lifecycle with the online and offline solutions that will help you develop with quality, test for compliance and operate with confidence in your online world.

Connected Corporation is the leading provider of storage software for automated protection, archiving and recovery of distributed data.

Celvibe develops advanced solutions for streaming high-quality live television broadcasts to mobile users. The core technology enables the seamless delivery of rich media content in the most efficient manner by providing wireless carriers with a unique system for delivering live multi-channel video and audio to wireless users in realtime. CelFeed, the flagship product, is a realtime MPEG-4 transcoder and streamer for supplying mobile devices with rich media content based on realtime reception quality. CelFeed handles hundreds of concurrent users with live video channels at once, by converting compressed streams of live television broadcasts and existing video content on the fly. Its unique ability to 'feel the network' and dynamically adapt to terminal conditions provides end users with an uninterrupted flow of quality data.   Celvibe's patent-pending solutions consist of realtime encoding for deploying highly compressed streams of live television broadcasts over wireless networks, and realtime transcoding for converting existing video content to MPEG-4. Customers and partners include Telco's and wireless carriers who are adding packet switch capabilities to their networks, mobile device manufacturers, content providers, application providers and video server manufacturers.

Fidelity Ventures brings resources to portfolio companies that go far beyond the capital. Their experience, track record, and unique business relationships propel new products and services into the marketplace. They leverage their relationship with Fidelity Investments, one of the pre-eminent early adopters of technology, to engage its active network of over 6,000 IT executives and business leaders with an annual IT budget of over $2.5 billion.

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