Portfolio

Current portfolio Investments

10gen is a new platform-as-a-service technology designed to help developers quickly and easily build dynamic, scalable, mission critical web sites and applications. The 10gen software stack is analogous to Google App Engine in that it provides a new stack of tools (database, grid management, application server) that are purpose-built to run in a cloud environment.

AdaptiveBlue builds tools to enhance the browsing experience. By leveraging a top-down approach to the semantic web, AdaptiveBlue maps web pages to semantic objects, which are used to increase efficiency, offer contextually relevant actions, and aid memory. The company was founded in 2006 by Alex Iskold. Alex is the founder of Information Laboratory (acquired by IBM) and a contributor at Read/Write Web.

AMEE catalyses change in carbon emissions by providing benchmarks for measurement, tracking, collaboration and reporting. AMEE is complementary to and can facilitate smart grids, information systems, legislative frameworks and compliance schemes. AMEE provides an API to aggregate every emission factor and methodology related to CO2 and energy assessments (individuals, businesses, buildings, products, supply chains, countries, etc.), and all the consumption data (fuel, water, waste, quantitative and qualitative factors). The service combines measurement, calculation, profiling and transactional systems.

Boxee is the first social media center, an open-source software platform for entertainment across computers or traditional living room devices. Boxee's TV-like interface lets users enjoy personal videos, music, and photos as well as content from Internet services like Hulu, CBS.com, Last.fm, Flickr, etc. In addition, users can share information about what they're watching with friends so they can find it legally and enjoy it too. Boxee's CEO is Avner Ronen and the company is based in NYC.

Bug Labs is developing BUG, an open, modular, consumer electronics web services + hardware platform. Designed for the general audience, not just the technically inclined, Bug seeks to bring to the world of hardware gadgets what the Internet, open source, XML and web services have brought to the world of software and media. The company was founded in 2006 by Peter Semmelhack, the founder of Antenna Software.

Clickable is an online solution that makes creating and managing online advertising simple and effective. Clickable provides an intuitive interface to view search marketing performance across a broad range of networks, including Google AdWords, Yahoo Search Marketing, Microsoft adCenter and others. With Clickable, advertisers are empowered to self-manage their ad buying, yielding transformational results. Clickable was co-founded by David Kidder and Munish Gandhi.

Covestor allows its members to create public, verifiable track records from public equity trading data. Using this trading data, members can follow high performers' trades and replicate their portfolio. Covestor was founded by Rikki Tahta and has offices in London and New York.

Disqus gives publishers a better way to manage comments while also making comments more interactive and engaging for readers. Disqus was created by Big Head Labs, which was founded by Daniel Ha and Jason Yan, and is based in San Francisco.

Etsy is an online marketplace which focuses primarily on buying and selling handmade items. The site was launched in June of 2005 and the company is based in Brooklyn, NY. Etsy grants sellers their own personal storefronts where they may list items for a small fee and showcase their handcrafted goods.

Heyzap syndicates and distributes the best casual games on the internet, allowing publishers to increase traffic and user time on site. Heyzap was founded by Jude Gomila and Immad Akhund in January 2009 and is based in San Francisco, CA.

Indeed is a search engine for jobs. In one search, Indeed gives job seekers free access to millions of employment opportunities from hundreds of websites. Indeed.com includes all the job listings from major job boards, newspapers, associations and company career pages - and they continue to add new sites every day.

InfoNgen is a financial information services company providing collaborative solutions to the financial industry. The management team includes the founders of Multex, whose highly regarded offerings helped to redefine the financial information and research marketplace. The new product - TouchPoint - offers an innovative approach to connecting financial professionals to the ideas, information, analytics, and individuals they depend on effectively and efficiently.

Meetup is the world's largest network of local groups. Meetup makes it easy for anyone to organize a local group or find one of the thousands already meeting up face-to-face. More than 2,000 groups get together in local communities each day, each one with the goal of improving themselves or their communities.

Oddcast develops and distributes avatar (conversational character) software products. Oddcast's core technology, the VHost™, enables companies to improve business results and consumers to communicate using customizable talking avatars. The Oddcast VHost™ platform is the industry-leading solution, serving over 5,000 businesses and millions of consumers worldwide. All of Oddcast's products are Web-based, ASP-hosted and can be delivered to any device in low or high bandwidth environments. The company's partners and clients include Coca-Cola, CBS, ESPN, ICQ and McDonalds.

Outside.in is a way to discover the conversations that are going on in a neighborhood—whether that's where you live, where you work, or where you want to be. Outside.in delivers local knowledge by leveraging local sources of information such as placeblogs, town papers, and geotagged blog posts. Steven Johnson, co-founder of Plastic and prominent author, launched Outside.in in October 2006.

Pinch Media builds free tools for iPhone SDK developers, allowing them to focus on the core features of their next-generation mobile applications. Pinch Media was founded by Greg Yardley and Jesse Rohland in April 2008, and is based in the NYC area.

Since 1999, Return Path has helped some of the world’s most successful companies use email more effectively. They began with the notion that there was a better way to do things: that email marketing didn’t have to be a war between marketers and consumers, that it was possible to do more with less, that the smartest email solutions were the ones that not only impacted your bottom line in the short term but also benefited your reputation for the long term.

Simulmedia is a New York City-based media marketing company dedicated to improving the effectiveness of program promotion on television. The company is pioneering the development of predictive technology to help television companies deliver the right on-air promotions to the right viewers at the right time.

Targetspot is an advertising platform that enables small businesses to advertise their products and services via Internet radio in a self-serve model. Ads can be targeted on a local or national scale. Doug Perlson is the founding CEO of Targetspot.

Twitter is a social networking and micro-blogging site that allows users to post their latest updates. An update is limited by 140 characters and can be posted through three methods: web form, text message, or instant message. Twitter was co-founded by Jack Dorsey and Biz Stone out of the offices of Obvious Corp in March of 2006. They are located in San Francisco, California.

Tumblr Tumblr is a web service that enables simple creation of a tumblelog. A tumblelog is a short-form blog that often consists of mixed media and multiple posts that flow together; the result is often a stream of consciousness of the author. It is one of the easiest and most-elegant ways to create personal expression online.

Founded in December 2005, Wesabe is an easy-to-use, web-based tool gives members a better understanding of how they spend money. The Wesabe community shares tips and advice to help each other make better financial decisions. Wesabe was co-founded by Jason Knight and Marc Hedlund and is headquartered in San Francisco, CA.

Zemanta is a service that's focused on helping the blogger/content creator make the process of creating their content simpler and easier. As you write, Zemanta processes all of your text (like a spell checker in a word processing program does) and suggests things to you. Currently, Zemanta suggests stories/posts/research you might want to read as you compose your post, images you might want to include in the post, words you might want to hyperlink out with, and tags for search engines and other services to use to discover your content.

Zynga is the largest social gaming company on the web. They build games that run inside social networks and leverage the social graphs that users have already built in social networks to let users play against their real friends online instead of strangers. Zynga was founded by Mark Pincus in 2007 and is headquartered in San Francisco, CA.

Prior Investments

Del.icio.us (Acquired by Yahoo!) was created in 2003 by Joshua Schachter as a way to organize and share his online content consumption. After opening up the service to allow other users to do the same, the service grew to 100,000 users. Del.icio.us, the leading “social bookmarking” service, allows users to “tag” websites, categorizing them with their own personal descriptions. Since the tags are public, any user can discover new content by searching the aggregated list of links associated with any tag in the system, as well as subscribe to it via RSS. Tagging is quickly becoming a widely used method for navigation and discovery on the web.

FeedBurner , founded in 2003, enables bloggers, podcasters and commercial publishers such as Reuters and USA TODAY to reach millions of subscribers in more than 190 countries. FeedBurner’s advanced feed management technology delivers subscription services for publishers large and small to grow their reach, measure their audience and monetize their content. The company is headquartered in Chicago with resellers in Europe and Asia.



TACODA was founded in April of 2001 by David Morgan, the founder and former CEO of Real Media. Since late 2002, TACODA has provided software and services to media companies to enable them to target advertising based on consumer behavior on their web sites. Today, TACODA serves 35 media companies with over 2700 Web sites reaching over 75% of the US Internet audience. In late 2004 TACODA shifted its focus from providing software and services to media companies to offering behaviorally targeted advertising directly to marketers through its network of media partners.