Current Investments (SVP III)

CoinFlip

CoinFlip is a conversion and payment platform technology solution that enables consumers to use their loyalty points and miles for purchases at brick-and-mortar retail locations. CoinFlip’s proprietary technology facilitates conversion of points and miles to payment transactions, simplifies the transactional accounting, and provides access to valuable data streams.

Blab

Blab delivers a real time marketing platform that uses proprietary patterning technology that processes messy big data in real-time to predict target audience interest and emerging conversations, by time and channel, with a high degree of accuracy. Blab’s patterning algorithms analyze a million conversations per minute; predict how those conversations will grow in volume and velocity, and where they will migrate by channel, up to 72 hours in the future. This dynamic and real-time predictive intelligence is being used by advertising agencies, PR firms and brands, among others, to optimize media and content, as well as mitigate risk.

Microdermics

Microdermics is a Vancouver based medical device company focused on commercializing a novel hollow microneedle delivery platform targeting the multi-billion biopharmaceutical market. Microdermics’ platform aims to revolutionize the traditional hypodermic needle-based drug injection by increasing efficiency, eliminating pain, and improving personnel and patient safety.

Select Earlier Investments

The general partners, prior to SVP III, are proud to have invested in the following select companies:

SVP I

ARYx Therapeutics

The ARYx mission is to make proven therapies safer. By applying its retrometabolic approach to pharmaceutical discovery and development, ARYx serves patients by fundamentally improving the safety of oral therapies in large, chronic markets while maintaining their efficacy. To optimize shareholder value, ARYx’s strategy was to become a profitable company with a continuing pipeline of products, balancing risk against rewards through collaborations with pharmaceutical partners. In November 2007 the company completed an initial public offering led by Morgan Stanley and trades under the NASDAQ symbol ARYX.

aryx

Sector: Pharmaceutical

Location: Fremont, CA

Status: Public

Lifeline Technologies

Lifeline Technologies is a health sciences development company focused on novel strategies for lowering human cholesterol absorption by using plant sterols and stanols to block the absorption of free cholesterol in the small intestine. The company is using licensed patented intellectual property from Washington University, St. Louis, to develop complementary approaches in the following three areas: dietary supplements, food ingredients and pharmaceuticals. The company has ready access to an enabling clinical technology for the measurement of human cholesterol absorption that permits rapid assessment of promising cholesterol lowering candidates and dosing regimens. Lifeline has entered into a licensing arrangement with Archer Daniels Midland Company for worldwide food and beverage applications.

lifeline

Sector: Biotechnology

Location: Chesterfield, MO

Status: Private

Imagelock

Imagelock image protection and management service provided customers with instant access to information about the use and misuse of their digital image assets on the Web. Powered by BitShark patent-pending spidering and crawling technology, ImageLock.com located and digitally fingerprinted images, text, audio, MP3, and video on over nine million Web sites.  At the time, over 200 million digital objects were being monitored. Tracking and monitoring information was archived to enable ongoing infringement resolution.

Imagelock

Sector: Digital Content

Location: San Francisco, CA

Status: Wound down

Privada

Privada Network was a network that allowed Internet users to communicate privately via an anonymous, secure identity. The sender’s real world identity and personal information were maintained a secret from everyone — including the Privada Network.

Privada

Sector: Digital Privacy

Location: Palo Alto, CA

Status: Wound down

Speedchain

Speedchain is a provider of supply chain event management and global e-logistics solutions. Through a Web-native framework its solutions increase cross-enterprise collaboration and information sharing, ultimately resulting in faster shipment cycle times and improved customer service for its clients. Its global e-logistics solutions assist companies optimize their global supply chain operations by leveraging sophisticated rules based engines and intelligent algorithms. Speedchain Networks was acquired by Vastera in April, 2001.

speedchain

Sector: Digital Commerce

Location: San Francisco, CA

Status: Acquired by Vastera

SVP II

Alacritech

Alacritech is a Silicon Valley company which pioneered the use of “intelligent” network interface cards to offload TCP/IP processing from the CPU of computer systems to dedicated hardware on the NIC: a concept now known as TOE.

Alacritech continues to license its patented accelerator technology, but is no longer manufacturing the ANX series of NFS accelerators. ANX customers will continue to receive strong support through a special team which has been put in place to assure that support contracts are fully met.

alacritech

Sector: Storage Technology

Location: San Jose, CA

Status: Private

Callixa

Callixa specialized in helping overcome the critical challenge of data access and integration in enterprises running multiple, disparate databases. Callixa provided the first enterprise platform capable of creating a standard access layer for writing and reading data to and from all data sources of an enterprise. Callixa’s solutions and services allowed companies to rapidly build business applications without the time and expense of developing and maintaining customized data integration access for each application.

Callixa

Sector: Data Integration

Location: San Francisco, CA

Status: Acquired by SAP

Layer 7 Technologies

Layer 7 Technologies helped enterprises secure and govern interactions between their organizations and the services they use in the cloud; across the internet; and out to mobile devices.

Through its award-winning line of SOA Gateways, Cloud Brokers and API Proxies, Layer 7 gave enterprises the ability to control identity, data security, SLA and visibility requirements for sharing application data and functionality across organizational boundaries. In 2011, Layer 7 was named the 71st fastest-growing private or public technology company in North America on the Deloitte Fast 500 list. With more than 150 customers spanning six continents, Layer 7 supported the most demanding commercial and government organizations. Layer 7 solutions are FIPS compliant, STIG vulnerability tested and have met Common Criteria EAL4+ security assurance.

layer7

Sector: Service Oriented Technology

Location: Vancouver, BC

Status: Acquired by CA

Attune Systems

Attune Systems was a provider of enterprise-class Network File Management (NFM) solutions designed to reduce file management complexity while slashing operating costs and increasing scalability.

Attune

Sector: Storage Technology

Location: San Jose, CA

Status: Wound down, asset sale to F5

Health Hero

Health Hero Network was a leading innovator of technology solutions for remote health monitoring and management. These solutions demonstrated improved quality of care and cost savings in numerous published reports in medical literature, while winning industry awards as the best enabling technology for disease management. In December 2007, Health Hero was acquired by the Bosch Group.

health-hero

Sector: Health IT

Location: Palo Alto, CA

Status: Acquired by Bosch

PatientSafe Solutions

PatientSafe Solutions is committed to the transformation of care delivery through the convergence of consumer mobile technologies and enterprise clinical systems.

They believe that by reshaping care providers’ technology experience with intuitive, mobile-enabled workflows, they can build on existing EHR infrastructure to drive measurable results across patient safety, clinical quality, and care team effectiveness.

By delivering real-time patient data, care team collaboration, and clinical communications in a timely and contextual way, they can truly achieve Connected Patient Care™ with their suite of smart point-of-care mobile solutions.

patientsafe

Sector: Health IT

Location: San Diego, CA

Status: Private

Zomanex

Zomanex is a specialty pharmaceutical company dedicated to the development of proprietary pharmaceutical products based on its patented Orazom drug delivery platform.  Orazom allows hydrophobic compounds to be efficiently absorbed in the small intestine, thereby permitting oral dosing of pharmaceutical compounds that have previously required iv or injectable administration.  Orazom 3907, the Company’s lead product opportunity, is an application of Orazom to Paclitaxel, an effective and off-patent cancer chemotherapeutic agent.

zomanex

Sector: Health Care – Delivery Technology

Location: Chesterfield, MO

Status: Private

OTHER

Strutta

Strutta’s platform allows brands, small business and non-profits to build contests, sweepstakes and other products in order to help them connect with and grow their audience across multiple social web channels.  The social management dashboard allows brands to better understand how their participants are engaging with their brand and sharing their experiences.

strutta

Sector: Enterprise Software: Social Promotion

Location: Vancouver, BC

Status: Acquired by LX Ventures

Investor: GrowthWorks (Maria Pacella)

Boreal Genomics

Boreal has developed a revolutionary new approach for analysis of circulating tumor DNA in plasma enabling real-time monitoring of disease progression.   Applications include therapy selection, monitoring, and early detection of disease. Boreal’s OnTarget™ technology selectively enriches the sample for targeted DNA sequences to reveal tumor mutations which help guide clinical decision making and improve clinical trials or drug development programs.

boreal

Sector: Medtech: Diagnostics

Location: Vancouver, BC

Status: Private

Investor: GrowthWorks (Maria Pacella)

Copperleaf Technologies

Copperleaf is a leading provider of decision analytics solutions for organizations facing the challenges of aging infrastructure.  The technology leverages operational and financial data to empower these organizations to make the highest value investment decisions. Copperleaf C55 is a unique Asset Investment Planning & Management (AIPM) solution that helps customers make risk-informed decisions that are effective, transparent and focused on long-term performance.

copperleaf

Sector: Enterprise software: Decision analytics

Location: Vancouver, BC

Status: Private

Investor: GrowthWorks (Maria Pacella)

BuildDirect.com

BuildDirect is the world’s largest online marketplace for home improvement products.  The Company connects homeowners directly to the suppliers of home improvement products, which eliminates heavy retail markups and makes for a much simpler and trusted shopping experience.

build-direct

Sector: E-Commerce & Logistics Software

Location: Vancouver, BC

Status: Private

Investor: GrowthWorks (Maria Pacella)

GenoLogics

GenoLogics is a developer of industry leading laboratory information management systems (LIMS) for life sciences organizations.  Adopted by over 120 genomic labs worldwide, GenoLogics’ Clarity LIMS™ software enables lab efficiencies and improved sample throughput with increased accuracy, fast turnaround, sample traceability, and preconfigured instrument integrations.

GenoLogics

Sector: Health-IT

Location: Victoria, BC & Redwood City, CA

Status: Acquired by Illumina

Investor: GrowthWorks (Maria Pacella)

Bitfone

Bitfone offers mProve software, a software solution that helps wireless service providers do over-the-air mobile repairs and upgrades. Acquired by HP in December 2006.

Bitfone logo

Sector: Mobile

Location: Redwood City, CA

Status: Acquired by HP

Investor: Orange (Rob Taylor)