Raymond James Technology Investors Conference | December 4 – 6, 2017 | The Westin New York Grand Central Summary of Private Companies and Uncovered Public Companies
COMPANY RJ ANALYST DESCRIPTION HIGHLIGHTS Alkami Johnson Provides online and mobile banking solutions for credit . 80 clients and 4.1M users unions and banks. Cloud-based platform provides . During 2016, increased live client base by 38% financial institutions with an elegant UI for their clients. . 66th fastest growing company in North America
ARM Caso The world’s leading semiconductor IP company, having . Revenue of $1.4B; EBITDA of $619M shipped 100B Arm-based chipsets worldwide into the . 85% market share in mobile computing smartphone, computing, industrial and IoT sectors . Acquired by Softbank September 2016
Asana Peterson Project and task management application that facilitates . Led by Facebook co-founder Dustin Moskovitz team communication and collaboration, allowing teams to . 20,000 paying customers collaborate with less friction and produce great results . Last round valuation of $600M
Cambium McCourt Provider of wireless broadband solutions based on secure . Approximately 7.5M radios deployed in 150 countries WiFi, fixed wireless broadband point-to-point and point-to- . $2B in cumulative revenue to-date multipoint technologies and cloud management software . 2011 carve-out from Motorola led by Vector Capital
Carbon Black Turits Provides next-generation endpoint security solutions that . 3,000 customers, including 30 of the Fortune 100 enable organizations to disrupt advanced attacks, replace . Raised $192M from Kleiner, Sequoia, Highland legacy antivirus software and hunt down threats . Last round valuation of approximately $600M
Cyxtera Louthan Leading datacenter provider. Combines a modern, . Formed via a $2.8B carve out from CenturyLink hybrid-ready information security fabric with a diverse and . Top 3 global colocation market share distributed footprint of 57 world-class data centers. . 3,500 customers
Energous McCourt Developer of technologies enabling wire-free, RF-based . 76 active customer engagements (WATT) charging at a distance; charges by surrounding devices . Strategic alliance with Dialog Semiconductor with a focused, three dimensional RF energy pocket . 250+ US patent applications filed; 54 awarded to-date
Finastra Johnson Formed by the combination of Misys and D+H, provides a . 48 of the world's top 50 banks use Finastra suite of financial services software, spanning banking, . $2.1B in revenues lending, and treasury and capital markets. . 10,000 employees
Foursquare Kessler Uses location intelligence to build meaningful consumer . Roughly 50M monthly active users experiences and business solutions; offers the . More than 12B daily "check-ins" across all platforms Foursquare City Guide and Foursquare Swarm apps . More than 105M venues mapped around the world
Fuze Peterson Cloud-based unified communications platform that . Grew subscription revenues 51% y/y in the 1H of 2017 enables simplified business voice communications, . Investors include: Summit, TCV, Wellington flexible video conferencing and always-on collaboration . Raised $334M; last round valued at $1.4B
INFINIDAT Leopold Provider of storage systems that delivers sub-millisecond . Deployed over 2 Exabytes in production latency, seven 9s reliability and hyper-scale capacity with . Profitable, with 250% Y/Y revenue growth in Q2 2017 a lower TCO than incumbent storage technologies . Raised $325M to-date; last round at a $1.6B valuation
MarkLogic Turits Operational and transactional Enterprise NoSQL . Over 1,000 customers and 250 partners database enabling organizations to integrate their most . Challenger and visionary in Gartner's Magic Quadrant critical data and build applications on that data. . Annual revenue in excess of $100M
The Meet Kessler Provider of human connection and meeting apps, with a . 2.5M+ daily active users Group portfolio that includes MeetMe, Skout, Tagged, Hi5, and . 130,000+ new members per day (MEET) most recently, Lovoo . 60+ million chat messages sent per day
Nanigans Kessler Complete software solution for measuring and optimizing . Platform optimizes $700M+ in annual ad spend cross-channel digital ad spend based on incremental . Platform offers 100+ reporting attributes revenue . Raised $33M in total funding nCino Peterson Provides a cloud-based operating solution for the financial . Over 175 financial institution customers services industry leveraging the power and security of the . 9 of the top 30 U.S. banks are nCino customers Salesforce platform . 11 intellectual property patents
Octo Peterson Provider of telematics and data analytics solutions for the . Database of 175B miles of driving Telematics auto insurance industry; applies proprietary algorithms to . More than 5.1M connected users its database of driving and crash data to provide insights . Works with over 60 insurance partners
Optiv Turits Provider of end-to-end cyber security solutions; helps . More than 12,000 customers clients plan, build and run successful cyber security . Formed from the merger of Accuvant and FishNet programs . Majority owned by KKR
Proterra Molchanov Provider of zero-emission heavy-duty vehicles, enabling . Recorded more than 3.3M miles of service bus fleet operators to significantly reduce operating costs . 60% market share in the NA electric transit market while delivering clean, quiet transportation . Raised $372M to-date
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 1 Raymond James Technology Investors Conference | December 4 – 6, 2017 | The Westin New York Grand Central Summary of Private Companies and Uncovered Public Companies
COMPANY RJ ANALYST DESCRIPTION HIGHLIGHTS R3 Johnson Developer of Corda is an open source, blockchain- . $107M raised from consortium of 40 tier one partners inspired distributed ledger platform that removes costly . 60+ partners, including HP, Intel and Microsoft friction in business transactions. . Working with 100 financial firms on six continents
Sensor Tower Kessler A leader in mobile intelligence. Developers, analysts, . Thousands of customers marketing teams trust Sensor Tower to make business . Over 100,000 apps connected directly to the platform decisions and stay ahead in the mobile ecosystem. . Used by 91% of top publishers worldwide
Slice Kessler Provides solutions to online shoppers to track packages, . More than 5M online shoppers under measurement store e-receipts to facilitate returns, save money with price . Coverage spanning 30+ industry categories drop alerts and know their online spending . Acquired Vibrant Data and Unroll.Me
Sonim McCourt Provider of ultra-rugged, LTE handsets designed for . Well positioned for LMR-to-LTE transition and FirstNet professionals in the public safety, defense sectors and . Phones sold by AT&T, Verizon, Sprint, Vodafone vertical markets requiring ultra-rugged performance. . Strategic investment from JVCKENWOOD
Udacity Kessler Online learning platform offering credential programs in . More than 4M registered users on its platform fields such as artificial intelligence, machine learning, self- . Over 13,000 students enrolled in nanodegrees driving cars and robotics. . Last round was completed at a $1B valuation
Unity Kessler Creator of a flexible and high-performance end-to-end . 2.4B mobile devices running games made with Unity development platform used to create rich interactive 2D, . 34% of the top 1,000 free games are made with Unity 3D, VR and AR experiences . Raised over $400M since inception
Vectra Turits Combines cybersecurity with artificial intelligence to . 5 issued US patents with 14 more patents pending automate cyberattack detection and response from data . Revenues grew over 200% y/y in Q2 2017 center and cloud workloads to user and IoT devices . $87M raised from Khosla, Accel and others
Vestmark O'Shaughnessy Provider of wealth management technology and services . Services 43 institutions and 25,000 advisors that enable financial institutions and advisors to deliver . Services $650B in assets across 2M investor accounts holistic advice in line with investor objectives . Raised $39M; Summit Partners portfolio company
WiTricity McCourt Develops solutions to enable wireless power transfer over . Working with nine of world’s top ten auto makers distance using magnetic resonance technology; focused . 200+ patents granted and 200+ patents pending primarily on wireless electric vehicle charging . Exclusive global licensee of foundational MIT patents
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 2 Alkami Technology, Inc.
DESCRIPTION Alkami provides online and mobile banking solutions for credit unions and banks. The company’s digital banking solution is a modern, cloud-based unified platform that provides financial institutions with an elegant user interface for their clients/members across all channels and functional offerings, including retail, business, mobile, bill pay, personal finance management (PFM), marketing, and more. Additionally, the company’s platform features a fully hosted business intelligence solution featuring analytics, fraud/risk detection, targeted marketing, educational content, dashboards, and reporting.
HIGHLIGHTS . 80 clients and 4.1M users . During 2016, increased live client base by 38% and live users by 103% . Ranks as the 66th fastest growing company in North America, according to Deloitte . 275 employees
KEY FACTS Location History Key Investors Relevant Stocks Plano, TX Founded in 2009; S3 Ventures FIS, FISV, INTU, raised $47M since JKHY, QTWO inception
LEADERSHIP
. Mike Hansen, CEO – previously co-founder of Largent-Hansen; also served as president and CEO of T-System and president of Carreker Corporation . Stephen Bohanon, Founder, Chief Strategy & Sales Officer – previously vice president at Catalyst Consulting; also served as an account executive at ACI Worldwide . David Becker, CFO – previously business director for Dell Data Protection at Dell; also served as CFO of Credant Technologies prior to its acquisition by Dell in 2012
RECENT NEWS
. 11/6/17 – Veridian Credit Union, with $3.4B in assets, launches Alkami’s digital banking platform to support its 214,000 members with a modern digital banking offering . 8/21/17 – Mountain America Credit Union, with $6.7B in assets, selects Alkami’s digital banking platform to support its 650,000 members
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 3 ARM Holdings
DESCRIPTION ARM designs microprocessors, physical intellectual property (IP), and related technology and software. The company also sells development tools that enhance the performance of embedded applications. Its products include microprocessor cores, which consist of specific functions, such as video, graphics, display technology, and Bluetooth radio IP, physical IP components for the design and manufacture of ICs, which comprise SoCs, embedded memories, standard cells, and input/output components.
HIGHLIGHTS . ARM’s main growth markets include: mobile computing (>85% market share), Enterprise Infrastructure (15% market share), and Embedded Intelligence (25% market share) . ARM is developing more advanced technology, delivering a greater benefit to customers and generating a higher royalty percentage per chip . Revenue of $1.4B, $618.9M of EBITDA as of LTM as of June 2016
KEY FACTS Location History Key Investors Relevant Stocks Cambridge, UK Acquired by Softbank Softbank Group Samsung, QCOM, September 2016 TSMC, INTC
LEADERSHIP
. Simon Segars, CEO – previously Vice President of Engineering before being named CEO and held several other strategy positions including Global Head of Sales . Graham Budd, Chief Operating Officer – previously EVP and General Manager of the Process Division at ARM; also served in other leadership roles in engineering, marketing and operations . Jason Zajac, EVP & Chief Strategy Officer – previously EVP of Strategy at NBCUniversal; also served as Partner and Managing Director for BCG
RECENT NEWS
. 06/20/17 – Enhanced ARM DesignStart eliminates upfront license fees for ARM Cortext- M0 and CortexM3 processors . 06/15/17 – Previewing at ISC17 – cross-platform code optimization tools enhanced in Allinea V7.1
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 4 Asana, Inc.
DESCRIPTION Asana is a project and task management application that facilitates team communication and collaboration. With Asana, each user knows what they should be doing and why. This clarity, transparency, and focus allows teams to collaborate with less friction and produce great results. With tasks, projects, conversations and dashboards, Asana enables teams to efficiently move work from start to finish.
HIGHLIGHTS . Co-founded by Facebook co-founder Dustin Moskovitz and Justin Rosenstein . Serves over 20,000 paying customers . Annual recurring revenue in the tens of millions per year and doubling yearly . Series C round in March 2016 valued the Company at $600M
KEY FACTS Location History Key Investors Relevant Stocks San Francisco, CA Founded in 2008; Andreessen Horowitz, TEAM, BOX, RNG raised $88M to-date Founders Fund, Benchmark
LEADERSHIP
. Dustin Moskovitz, Co-Founder – previously co-founded Facebook and was a key leader within the technical staff; also served as VP of Engineering . Justin Rosenstein, Co-Founder – previously served at Facebook and Google and was co-inventor of the Like Button, Facebook Pages, Gmail Chat and Google Drive . Chris Farinacci, Head of Business – previously CMO, Google for Work and Google for Education; also served as CMO of Hara and VP of Application Marketing for Oracle . Tim Wan, Head of Global Finance – previously CFO of Apigee; also served as CFO of RealNetworks
RECENT NEWS
. 9/12/17 – Announces Asana for iOS 11, including an entirely new iPad app. . 8/29/17 – Asana completes the rewrite of its entire IT infrastructure, resulting in a 2x speed improvement for most common actions.
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 5 Cambium Networks, Ltd.
DESCRIPTION Cambium is a leading global provider of wireless broadband solutions that connect the unconnected – People, Places and Things. Through its extensive portfolio of reliable, scalable and secure WiFi, fixed wireless broadband point-to-point and point-to-multipoint platforms, managed by cloud-based software, Cambium makes it possible for service providers, enterprises, governmental and military agencies, oil, gas and utility companies, Internet service providers and public safety networks to build powerful communications networks, reach users from 200 kilometers and intelligently manage their infrastructure through end-to- end network visibility and actionable analytics.
HIGHLIGHTS . Approximately 7.5M radios deployed in 150 countries . Approximately $2B in cumulative revenue to-date . Over 4,000 channel partners worldwide
KEY FACTS Location History Key Investors Relevant Stocks Rolling Meadows, IL 2011 carve-out from Vector Capital UBNT, MSI, QCOM, Motorola Solutions COMM, ERIC
LEADERSHIP
. Atul Bhatnagar, President and CEO – previously CEO of Ixia; also served as VP and GM of Nortel's Enterprise Data Networks division . Michael Hansen, CFO – previously CFO of RAE Systems; also served as Divisional VP of Finance for Smiths Interconnect . Jim Wagener, Director, FP&A – previously Corporate Controller of Cleversafe; also served in various finance roles with SPSS and IBM
RECENT NEWS
. 10/10/17 – Cambium announces the PTP 550, a point-to-point backhaul solution with up to 1.36 Gbps capacity, and the ePMP Force 300, a point-to-multipoint solution with up to 500 Mbps subscriber connectivity. . 9/29/17 – Ingram Micro agrees to distribute the full range of Cambium’s products throughout Southeast Europe.
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 6 Carbon Black, Inc.
DESCRIPTION Carbon Black provides next-generation endpoint security solutions that enable organizations to disrupt advanced attacks. It offers Cb Endpoint Security Platform that helps organizations of various sizes replace ineffective antivirus, lock down endpoints and critical systems, and arm incident response teams with the most advanced tools to hunt down threats; and Cb Defense, a next-generation anti-virus solution for desktops, laptops, and servers that protects computers from the full spectrum of modern cyber-attacks.
HIGHLIGHTS . 3,000 customers, including 30 of the Fortune 100 . Protects more than 13M end-points around the world . Visionary in Gartner Magic Quadrant for endpoint protection platforms
KEY FACTS Location History Key Investors Relevant Stocks Waltham, MA Raised $192M in total Kleiner Perkins, CHKP, OKTA, funding Sequoia, Highland, PANW, FTNT, PFPT Evolution Equity
LEADERSHIP
. Patrick Morley, President & CEO – previously President & CEO of Imprivata Corporation and previously held senior leadership positions with six venture-backed software companies . Tom Barsi, SVP Corporate & Business Development – previously EVP of Business Development for Proofpoint as well as Vice President of Business Development for VeriSign.
RECENT NEWS
. 10/10/17 – Carbon Black Unveils Vision for Market’s First Predictive Security Cloud at Cb Connect User Conference . 10/10/17 – Carbon Black and IBM Security Deliver Increased Visibility for SOCs to Accelerate Incident Response
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 7 Cyxtera Technologies, Inc.
DESCRIPTION Cyxtera is a leading data center provider. By combining a modern, hybrid-ready information security fabric with a diverse and distributed footprint of 57 world-class data centers, Cyxtera delivers a secure platform for connecting and protecting dedicated infrastructure, private clouds, and public clouds. A consortium led by private equity firms BC Partners and Medina Capital formed Cyxtera through the acquisition of assets from CenturyLink, along with four companies from Medina’s portfolio – Cryptzone, Catbird, Easy Solutions, and Brainspace – in a $2.8B transaction.
HIGHLIGHTS . Top 3 global colocation market share . 2.6M sq. ft. of data center space . 3,500 customers . 1,100 employees
KEY FACTS Location History Key Investors Relevant Stocks Coral Gables, FL Founded in 2017 BC Partners COR, CONE, DFT, Medina Capital DLR, EQIX, INXN, QTS, SWCH
LEADERSHIP
. Manuel Medina, CEO – Founder and managing partner of Medina Capital; previously served as founder, chairman, and CEO of Terremark (acquired by Verizon for $2B) . Rene Rodriguez, CFO – Partner and CFO of Medina Capital; previously vice president of financial planning at Terremark . Andrew Albrecht, SVP, Corporate Development – Principal at A2 Advisors; previously headed strategic alliances for Pivot3 and was COO of Cirrity
RECENT NEWS
. 10/25/17 – Cyxtera launches threat analytics services to help enterprises, service providers, and public-sector organizations better predict, detect, and prevent cyberattacks . 9/25/17 – Cyxtera launches its global channel partner program, with initial partners including Avant, Westven, and SageNet
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 8 Energous Corporation (Nasdaq:WATT)
DESCRIPTION Energous has developed a technology called WattUp that consists of proprietary semiconductor chipsets, software, hardware designs and antennas that enables RF-based charging for electronic devices, providing wire-free charging solutions for contact-based charging as well as charging at a distance, ultimately enabling charging with mobility under full software control. Energous is developing a solution that charges electronic devices by surrounding them with a focused, three dimensional RF energy pocket. Energous has 76 active customer engagements, and received its first orders for WattUp chipsets in Q2 2017.
HIGHLIGHTS . Strategic alliance with Dialog Semiconductor; Dialog has invested $25M in Energous . Development and License Agreement with one of the top CE companies in the world to embed WattUp technology into mobile CE devices and accessories . 250+ US patent applications filed; 54 awarded to-date
KEY FACTS Market Cap CY 2018E Revenue CY 2018E EBITDA Relevant Stocks $311M $59.5M $4.6M AMBA, CEVA, OLED, PI, QCOM, RMBS
LEADERSHIP
. Stephen Rizzone, President and CEO – previously CEO and Chairman of Active Storage; also served as CEO of Communicado . Michael Leabman, CTO and Founder – previously President of TruePath Wireless; also served as CTO for DataRunway . Brian Sereda, CFO – previously CFO of ActiveVideo; also served as CFO for Virage Logic and Proxim Wireless
RECENT NEWS . 9/5/17 – Announces a new, high-power near-field transmitter reference design capable of charging devices with up to 10 watts of energy . 8/8/17 – Q2 results; increases patent count to 54 and customer engagements to 76 . 6/28/17 – Dialog invests $15M in Energous, bringing its total investment to $25M . 5/2/17 – Receives FCC approval for advanced near field transmitter reference design
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 9 Finastra
DESCRIPTION Formed in 2017 by the combination of Misys and D+H, Finastra provides a broad portfolio of financial services software, spanning retail banking, transaction banking, lending, and treasury and capital markets. The company’s solutions enable its customers to deploy mission-critical technology on premises or in the cloud. Finastra’s scale and geographical reach enables the company to serve customers effectively, regardless of their size or geographic location – from global financial institutions, to community banks and credit unions.
HIGHLIGHTS . 48 of the world’s top 50 banks use Finastra’s technology . 9,000 customers in total . $2.1B in revenues . 10,000 employees
KEY FACTS Location History Key Investors Relevant Stocks London, UK Formed through Vista Equity FIS, FISV, JKHY merger of Misys and D+H in 2017
LEADERSHIP
. Nadeem Syed, CEO – previously COO of Finastra; also served as COO of SumTotal and in various positions at Oracle for 19 years . Simon Paris, Deputy CEO – previously president of Finastra; also served at SAP as president of Industry Cloud and as a senior consultant with McKinsey & Company . Alex Wolff, Head of Product Strategy – previously associate partner at McKinsey & Company; also served as an executive at the Bank of Ireland
RECENT NEWS
. 11/8/17 – Bank of Commerce and Development selects Finastra to support its digital transformation and bring new banking services to consumers and businesses in Libya . 11/7/17 – KAMCO Investment Company, a GCC-based investment company, selects Fusion Invest from Finastra to help fuel its ambitions for rapid growth . 10/16/17 – Lloyds Bank implements its payments platform powered by Finastra
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 10 Foursquare
DESCRIPTION Foursquare uses location intelligence to build meaningful consumer experiences and business solutions. The Company offers Foursquare City Guide, which helps users discover new places, with recommendations from a community they trust, and Foursquare Swarm, a lifelog that keeps track of every places users go. Foursquare’s location intelligence technology also helps brands to locate, message and measure their own consumers.
HIGHLIGHTS . Roughly 50M monthly active users . More than 12B daily “check-ins” across all platforms . More than 105M venues mapped around the world
KEY FACTS Location History Key Investors Relevant Stocks New York, NY Founded in 2009; Accel Partners, DFJ, FB, GOOGL, SNAP, raised $251M to-date Khosla Ventures TRIP, YELP
LEADERSHIP
. Dennis Crowley, Co-founder and Executive Chairman – previously Founder of Dodgeball; also served as Co-creator of ConQwest . Jeff Glueck, CEO – previously EVP of Operator Solutions at Opera Software; also served as CEO of Skyfire . Rory Parness, CFO – previously CFO of Phreesia; also served as SVP and CFO of MediaNet Digital
RECENT NEWS
. 10/4/17 – Foursquare Revamps its Developer Site as API Usage Soars . 8/8/17 – Foursquare’s Redesigned Swarm App is a Journal for Capturing Your Travels . 7/15/17 – Snapchat’s Foursquare and Factual Partnerships Double Geofilter Usage
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 11 Fuze, Inc.
DESCRIPTION Fuze is a global, cloud-based unified communications platform that empowers productivity and delivers insights across the enterprise by enabling simplified business voice communications, flexible video conferencing and always-on collaboration. Fuze allows the modern, mobile workforce to seamlessly communicate anytime, anywhere, across any device.
HIGHLIGHTS . Closed a $134M round of funding in May 2017 led by Wellington valued at $1.4B . Grew subscription revenues 51% y/y in the 1H of 2017 . Named as Visionary in Gartner’s 2017 Magic Quadrant for UCaaS
KEY FACTS Location History Key Investors Relevant Stocks Boston, MA Founded in 2006; Wellington, Summit RNG, EGHT, BSFT raised $334M to-date Partners, TCV, Bessemer, ATV
LEADERSHIP
. Colin Doherty, CEO – previously CEO of Dyn (acquired by Oracle); also served as CEO of BTI Systems (acquired by Juniper) and Arbor Networks (acquired by Danaher) . Steve Kokinos – Executive Chairman, Co-Founder – previously founder of BladeLogic (acquired by BMC); also served as CEO of WebYes (acquired by Breakaway Solutions) . Brian Day, CFO – previously CEO and CFO of Apperian; also served in various finance roles at Goal.com, Gomez and Octave Communications
RECENT NEWS
. 10/10/17 – Fuze wins Frost & Sullivan’s 2017 Innovation and Leadership Award in UCaaS and converged conferencing services . 9/11/17 – Fuze named as a visionary in Gartner’s Magic Quadrant for UCaaS . 8/3/17 – Fuze announced 51% y/y growth in subscription revenue . 7/19/18 – Fuze announces the appointment of Chris Doggett as Chief Sales Officer
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 12 INFINIDAT, Inc.
DESCRIPTION INFINIDAT is a leading provider of storage technologies that help customers unlock the full potential of their data. INFINIDAT’s software-focused architecture addresses the conflicting requirements of bigger, faster and less expensive storage. The Company’s technology simultaneously delivers sub-millisecond latency, seven nines of reliability and hyper-scale capacity with a significantly lower total cost of ownership than incumbent storage technologies.
HIGHLIGHTS . Recently closed a $95M Series C round at a $1.6B valuation . INFINIDAT customers have deployed over 2 Exabytes in production . Profitable, with 13 quarters of revenue growth, including 250% Y/Y growth in Q2 2017 . Over 125 filed patents, with 65+ granted to date . Named “Visionary” in Gartner’s 2016 Magic Quadrant for General-Purpose Disk Arrays . Founded in 2011 by storage industry pioneer Moshe Yanai, a co-founder of EMC
KEY FACTS Location History Key Investors Relevant Stocks Israel and Founded in 2011; TPG Growth, PSTG, NTNX, HPE, Waltham, MA raised $325M to-date Goldman Sachs PCI NTAP, TNTR
LEADERSHIP
. Moshe Yanai, CEO – was the founder of XIV, purchased by IBM in 2008; was also among the co-founders of EMC . Nir Simon, CFO – previously CFO of XIV and IBM Israel; also served as CFO of Arnona . Izhar Sharon, President, INFINIDAT USA – previously VP, Technical Service and Operations for XIV and IBM; also served in senior technical roles for EMC and RAD
RECENT NEWS
. 10/3/17 – Announces the closing of a $95M Series C round led by Goldman Sachs PCI . 8/8/17 – Reports 250% revenue growth in Q2 2017 and its most profitable quarter . 3/14/17 – Reports 144% y/y revenue growth for fiscal 2016 . 10/26/16 – Opens a 23,000 square foot US headquarters office in Waltham, MA
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 13 MarkLogic Corporation
DESCRIPTION MarkLogic is an operational and transactional Enterprise NoSQL database platform. Organizations around the world rely on it to integrate their most critical data and build innovative applications on a 360-degree view of that data. MarkLogic is ideal for a wide variety of information applications that involve heterogeneous data integration or content delivery at massive scale. The company’s solutions include: 360 of Anything; Mainframe to NoSQL; Operational Data Hub; Governance, Risk & Compliance; New Generation Data Warehouse; Suspicious Activity Monitoring; and more.
HIGHLIGHTS . Over 1,000 customers and 250 partners . Challenger in Gartner’s Magic Quadrant for Operational Database Management Systems . Visionary in Gartner’s Magic Quadrant for Data Management Solution for Analytics . Annual revenue in excess of $100M
KEY FACTS Location History Key Investors Relevant Stocks San Carlos, CA Founded in 2001; Sequoia, Tenaya, MDB, ORCL, MSFT, raised $173M to date Northgate, Wellington IBM, SAP, TDC
LEADERSHIP
. Gary Bloom, CEO – previously president of eMeter (acquired by Siemens); also served as a consultant with TPG, president of Symantec, CEO of Veritas, and in a variety of senior leadership roles with Oracle . Peter Norman, CFO – previously CFO of Chordiant Software; also served for 12 years in the audit practice of KPMG Peat Marwick LLP
RECENT NEWS
. 11/14/17 – Named a Challenger in the 2017 Gartner Magic Quadrant for operational database management systems . 9/26/17 – Announces a new reference architecture, the MarkLogic Data Hub Framework . 6/13/17 – MarkLogic’s database platform is now available on Microsoft Azure . 6/1/17 – NTT DATA makes a strategic investment in MarkLogic and expands alliance
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 14 The Meet Group, Inc. (Nasdaq: MEET)
DESCRIPTION The Meet Group is a provider of human connection and meeting apps. The Company continuously develops new products for different ways to connect; from live video to lively discussions; all backed by data science that engineers good matches. Brands under the portfolio include MeetMe, Skout, Tagged, Hi5, and most recently, Lovoo.
HIGHLIGHTS . 2.5+ million daily active users . 130,000+ new members per day . 60+ million chat messages sent per day
KEY FACTS Market Cap CY 2018E Revenue CY 2018E EBITDA Relevant Stocks $262M $138M $43M MOMO, MTCH, LOV, FB, TWTR, SNAP
LEADERSHIP
. Geoffrey Cook, CEO – previously co-founder of myYearbook; also previously co-founded EssayEdge and ResumeEdge . David Clark, CFO – previously CFO for NutriSystem; with past experiences in financial roles at Claymont Steel and SunCom Wireless . Jim Bugden, SVP Corp. Dev. – previously the CFO at myYearbook; led in various financial roles at Rent the Runway, Solve Media, Circulate and TurnTide
RECENT NEWS
. 9/28/17 – The Meet Group wins a spot on the Soaring 76: Greater Philadelphia’s list of fastest growing public companies . 9/20/17 –The Meet Group agrees to acquire Lovoo, a social dating app . 3/6/17 – MeetMe agrees to acquire If(we), a social and mobile technology company
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 15 Nanigans, Inc.
DESCRIPTION Nanigans arms in-house marketing teams with a complete software solution for measuring and optimizing cross-channel digital ad spend based on incremental revenue. The Company’s platform offers unified campaign management, real-time reporting, modern measurement / attribution and predictive revenue optimization, among other features.
HIGHLIGHTS . Commerce advertisers currently optimize more than $700M in annual ad spend through the platform . Platform offers 100+ reporting attributes combined with interactive visualizations and dashboards
KEY FACTS Location History Key Investors Relevant Stocks Boston, MA Raised $33M in total Cheetah Mobile, MRIN, GOOGL, FB, funding Avalon Ventures CRTO, SNAP, TWTR, TTD
LEADERSHIP
. Ric Calvillo, Co-Founder, CEO – previously founder and CEO of Incipient; also served in a managerial role at EMC . Claude Denton, Co-Founder, CTO – previously co-founder and CTO of CourseAdvisor; also led product development for Network Elements . Ben Tregoe, SVP Corp. Dev. – previously served as an advisor to RiffWare; was also founder at Good Connective and Getsugar
RECENT NEWS
. 10/3/17 – Nanigans announces industry-first incrementality functionality: marketers can now measure and optimize digital ad spend based on incremental revenue . 6/21/16 – Nanigans launches Nanigans University to address growing demand for in- house advertising talent and expertise with the Company’s software . 3/1/16 – Nanigans announces extension of its software to Twitter, offering advertisers a more robust SaaS advertising solution
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 16 nCino, Inc.
DESCRIPTION nCino provides a cloud-based operating solution for the financial services industry. The Company’s flagship platform, the nCino Bank Operating System, leverages the power and security of the Salesforce platform to empower bank employees and leaders with true insight into the bank through an end-to-end solution combining customer relationship management (CRM), loan origination, workflow, enterprise content management, account opening, and instant reporting capabilities. nCino integrates with the bank's core and transactional systems, while replacing point solutions and manual-based processes.
HIGHLIGHTS . Over 175 financial institutions use the nCino Bank Operating System . 11 Intellectual property patents . 9 of the top 30 U.S. banks by asset size are nCino customers . Created by bankers, for bankers, to drive increased profitability, productivity gains, regulatory compliance and operating transparency
KEY FACTS Location History Key Investors Relevant Stocks Wilmington, NC Founded in 2012 by a Insight Venture QTWO, VEEV, ELLI team of bankers and Salesforce Ventures entrepreneurs Wellington Mgmt.
LEADERSHIP
. Pierre Naudé, CEO– previously Divisional President of community financial at S1 Corporation; also served as VP and Managing Partner at Unisys . Jeff Babka, CFO – previously Venture Partner at Insight Venture Partners; also served as CFO of Applied Predictive Technologies and NeuStar
RECENT NEWS . 10/12/17 – announced New Jersey based, ConnectOne Bank, adopted nCino’s cloud- based platform to streamline lending, account opening and client engagement. . 8/2/17 – announced that Pacific Western Bank, headquartered in Beverly Hills, Calif., is the 100th customer to go live with its Bank Operating System. . 6/29/17 – announced that London based, OakNorth Bank, has successfully deployed its Bank Operating System. This is the first financial institution outside of the United States to deploy nCino’s platform.
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 17 Octo Telematics Ltd
DESCRIPTION Octo Telematics is the number 1 global provider of telematics and data analytics solutions for the auto insurance industry. Octo applies proprietary algorithms to its market-leading database of driving and crash data to deliver powerful new insights into driver risk, informing solutions that benefit both auto insurance companies and policyholders. The company is headquartered in London, with offices in Boston, Rome, Stuttgart, Madrid, and Sao Paulo.
HIGHLIGHTS . Leading global provider of telematics for the auto insurance industry, with data comprised from more than 175 billion miles of driving and 433,000 crashes . Octo has more than 5.1 million connected users and works with over 60 insurance partners
KEY FACTS Location History Key Investors Relevant Stocks London, England Founded in 2002 Renova Group OM:HEXA B, GRMN, Pamplona Capital ENXTAM:TOM2
LEADERSHIP
. Fabio Sbianchi, CEO – previously General Manager of Octo Telematics Srl and Octo Telematics Italia; also served as COO and CIO at Viasat . Maria Enrica Angelone, CFO – previously CFO of Venere.com; also served as a Senior Auditor at Arthur Andersen . Paul Harvey, Exec. Chairman and President of North America – previously with Bank of America Merrill Lynch, Atlantic Bridge Capital, Goldman Sachs and Morgan Stanley . Nino Tarantino, CEO of North America – previously with Iridium/Motorola, and Anoto/Ericsson . Jonathan Hewitt, Chief Marketing Officer – previously with Barclays Bank, Dixons Group, among others
RECENT NEWS
. 10/11/17 –Octo, the number one global provider of telematics for the auto insurance industry, has today announced that it will acquire the usage-based insurance (UBI) assets of Willis Towers Watson, including its market-leading DriveAbility® solution and the DriveAbility Marketplace.
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 18 Optiv Security, Inc.
DESCRIPTION Optiv is a market-leading provider of end-to-end cyber security solutions. The company helps clients plan, build and run successful cyber security programs. Optiv helps clients achieve their business objectives through its depth of cyber security offerings, extensive capabilities & proven expertise in cyber security strategy, managed security services, incident response, risk & compliance, security consulting, training & support, integration & architecture services, and security technology.
HIGHLIGHTS . Served more than 12,000 clients of various sizes across multiple industries . Premium partnerships with more than 350 of the leading security product manufacturers . Advanced research and extensive hands-on experience has enabled the company to create comprehensive solutions that target the most pressing information security issues
KEY FACTS Location History Key Investors Relevant Stocks Denver, CO Founded in 2002 KKR CDW, PSDO, FEYE, Blackstone QLYS, FTNT, CUDA
LEADERSHIP . Dan Burns, CEO – previously CEO of Accuvant; also served as Regional Vice President of Sales for the Western Region of OneSecure . David Roshak, CFO – previously served as COO and CFO for Accuvant; also served as CFO for iBAHN . Nate Brady, Chief Accounting Officer – previously Chief Accounting Officer for FishNet Security; also served as CFO for Waller Truck Company Co.
RECENT NEWS
. 9/18/17 – Optiv Security today announced that Richard Fadden, formal National Security Advisor to Prime Ministers Stephen Harper and Justin Trudeau, will deliver the featured keynote address at Optiv’s Toronto Enterprise Security Solutions Summit (ES3). . 9/7/17 – Optiv Security Appoints Dave DeWalt and General (Ret.) David Petraeus to Board of Directors.
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 19 Proterra, Inc.
DESCRIPTION Proterra is a leader in the design and manufacture of zero-emission heavy-duty vehicles, enabling bus fleet operators to significantly reduce operating costs while delivering clean, quiet transportation to local communities across the US. With more than 400 vehicles sold to 42 different municipal, university, airport and commercial transit agencies in 20 states, Proterra is committed to providing state of the art, high-performance vehicles to meet today’s growing market demand. The Company’s configurable Catalyst platform is capable of serving the full daily mileage needs of nearly every US transit route on a single charge.
HIGHLIGHTS . Has recorded more than 3.3M miles of service across North America . Holds 60% market share in the North American electric transit market . Generates lifetime TCO advantages of $450k over diesel and diesel-hybrid vehicles
KEY FACTS Location History Key Investors Relevant Stocks Burlingame, CA Founded in 2004; Kleiner Perkins, TSLA, PLUG, VSLR, raised $372M to-date Constellation, GM, RUN Generation, BMW
LEADERSHIP
. Ryan Popple, CEO – previously a partner at Kleiner Perkins; was also an early employee of Tesla, having served as Senior Director of Finance . Amy Ard, CFO – previously CFO at Advanced Metallurgical Group; also served as a Manager at PricewaterhouseCoopers . Gary Horvat, CTO – previously VP of Powertrain at DENSO; also served in various senior engineering roles at GM and Fisker Automotive
RECENT NEWS
. 10/9/17 – Introduces the DuoPower drivetrain, providing nearly twice the horsepower and acceleration and five times the efficiency of a standard diesel bus . 9/29/17 – Announces with LG Chem the co-development of a battery cell optimized to meet the performance and safety demands of the heavy-duty vehicle market . 9/19/17 – Catalyst E2 max sets a world record by driving 1,100 miles on a single charge
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 20 R3
DESCRIPTION R3 is an enterprise software firm working with over 100 banks, financial institutions, regulators, trade associations, professional services firms, and technology companies to develop Corda, a distributed ledger platform designed specifically for businesses. Corda is an open source, blockchain-inspired DLT platform that removes costly friction in business transactions by enabling institutions to transact directly using smart contracts, while ensuring the highest levels of privacy and security. With Corda, participants can transact without the need for central authorities, creating a world of frictionless commerce.
HIGHLIGHTS . Corda partner network has grown to 60+ companies, including HP, Intel, and Microsoft . Serves 100+ global financial institutions and regulators on six continents . Supported by 2,000+ technology, financial, and legal experts . 125 employees
KEY FACTS Location History Investors Relevant Stocks New York, NY Founded in 2013; Group of 40 financial WK, APTY, INS, raised $107M in its institutions and MPAY, RP Series A round strategic investors
LEADERSHIP
. David Rutter, CEO – previously CEO of Electronic Brokering at ICAP; also served as CEO (Americas) of Prebon Yamane . Todd McDonald, Head of Partnerships – previously managing director and global head of electronic FX trading with Standard Chartered Bank . Jed Talvacchia, Associate Director – previously an associate at Goldman Sachs; also served as reporting officer at the U.S. Department of Justice
RECENT NEWS
. 11/13/17 – R3’s Corda partner network grows to over 60 companies . 11/6/17 – SIA and R3 launch a strategic partnership to accelerate adoption of blockchain applications by leveraging SIAnet’s 600 nodes provided to financial institutions . 10/5/17 – Finastra, R3 and seven leading banks partner to create a distributed ledger technology platform for the syndicated lending community
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 21 Sensor Tower Inc.
DESCRIPTION Sensor Tower is a leader in competitive mobile intelligence. Developers, analysts, and marketing teams trust Sensor Tower to help make business decisions and stay ahead in the mobile ecosystem. The company’s product suite includes App Intelligence, Store Intelligence, Ad Intelligence, Usage Intelligence, and Custom Alerts. The company’s solutions enable organizations to understand which apps are doing best, how the mobile ecosystem is evolving, which keywords will drive app traffic, and how ad campaigns measure up.
HIGHLIGHTS . Thousands of customers including Zynga, Reddit, AdColony, Adobe, and NBC Universal . Over 100,000 apps connected directly to the Sensor Tower platform . Has tracked over 150B downloads and $62B in app revenue . Used by 91% of top publishers worldwide
KEY FACTS Location History Key Investors Relevant Stocks San Francisco, CA Founded 2012; Rembrandt, Merus SHOP, BABA, AMZN, raised $1M to date Capital, Bertelsmann WUBA, JD
LEADERSHIP
. Alexey Malafeev, Co-Founder – previously a professional gamer; also co-founded Level86, a developer of software for video gamers . Oliver Yeh, Co-Founder – previously a platform engineer for Appboy; also was a platform engineer for Gilt Groupe
RECENT NEWS
. 10/16/17 – Introduces Featured Today, which provides a full history of Today features in the App Store . 10/3/17 – Launches News Feed feature to deliver trending app insights . 6/1/17 – Partners with Niko Partners, a leader in Asian digital games market intelligence, to produce actionable analysis of mobile gaming trends and leaders across Asia . 7/5/16 – Launches Custom Alerts to deliver timely app insights
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 22 Slice Technologies
DESCRIPTION Slice Technologies provides solutions to online shoppers to track packages automatically, store e-receipts to facilitate returns, save money with price drop alerts and know their online spending. It offers Slice Shopping, a solution for consumers to manage all their purchases, organize receipts, track shipping, take advantage of price adjustments, and improve their shopping experiences. Slice also operates a market research business, Slice Intelligence. Slice Intelligence's data is collected using a proprietary technology that identifies e-receipts within inboxes. Using sophisticated machine learning methods, Slice Intelligence extracts every available data point about every purchase at the item level.
HIGHLIGHTS . More than 5 million online shoppers under measurement . Coverage from 2013 onward, spanning 30+ industry categories . Acquired 2 companies since 2014 (Vibrant Data and Unroll.Me)
KEY FACTS Location History Key Investors Relevant Stocks San Mateo, CA Founded in 2010, Rakuten SHOP, BABA, AMZN, Acquired by Rakuten WUBA, JD LinkShare in 2014
LEADERSHIP
. Harpinder Madan, Co-Founder & CEO – previously Co-founder of FiberTower; also serves as Investment Partner at Innovation Endeavors . Eric Botto, Co-Founder & CTO – previously Co-Founder & CTO of FiberTower; also serves as an Advisor to Lumo BodyTech, Innovation Endeavors and Parastructure . Scott Brady, Co-Founder & Chairman – currently a Partner at Innovation Endeavors; also serves on the Boards of Plenty, ClearMetal, Citrine Informatics and Stanford . Kenneth Cassar, Principal Analyst – previously SVP, Media Analytics at The Nielsen Company; also served as an analyst with Jupiter Research
RECENT NEWS
. 6/28/16 – Slice Technologies Acquired Vibrant Data for an Undisclosed Amount
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 23 Sonim Technologies Inc.
DESCRIPTION Sonim Technologies is a provider of mission-critical solutions designed specifically for professionals in the public safety and defense sectors. The Sonim solution includes ultra- rugged, mission-ready LTE handsets, applications, and a suite of public safety-grade accessories, collectively designed to increase the productivity, accountability, and safety of first responders. Sonim also focuses on vertical markets requiring ultra-rugged communication, including construction, security, oil, gas and chemical operations, utilities, transportation and logistics, forestry and agriculture.
HIGHLIGHTS . Leader in intrinsically safe phones, certified to operate in potentially explosive atmosphere . Offers its phones through leading mobile carriers (e.g., AT&T, Verizon, Sprint, Vodafone) . Phones are backed by a three-year comprehensive warranty
KEY FACTS Location History Key Investors Relevant Stocks San Mateo, CA Founded in 2007; Verdoso, Investec, MSI, AAXN, HRS raised $50M to date Waveland, JVCKENWOOD
LEADERSHIP
. Bob Plaschke, CEO – previously an entrepreneur-in-residence at Sutter Hill Ventures; also served as SVP of worldwide client services at Infospace and CFO and vice president for business development at Prio . Richard Long, CFO – previously VP of finance at Sybase’s $200M mobile services division (formerly known as Mobile365); also served as VP corporate controller at Informix (acquired by IBM)
RECENT NEWS
. 11/1/17 – Sonim highlights LMR-to-LTE evolution path at IWCE's Critical LTE Communications Forum . 10/19/17 – Sonim demonstrates law enforcement solutions at IACP 2017 based on its XP7 ultra-rugged handset, in collaboration with Intrepid, RapidSOS, and SceneDoc . 3/24/17 – JVCKENWOOD makes a $10M strategic investment in Sonim
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 24 Udacity, Inc.
DESCRIPTION Udacity is an online learning platform offering credential programs in fields such as artificial intelligence, machine learning, self-driving cars, and robotics, as well as app and web development and digital marketing. The company’s mission is to democratize education by offering world-class higher education opportunities that are accessible, flexible, and economical. Virtually anyone with an internet connection and a commitment to self- empowerment through learning can come to Udacity, master a suite of job-ready skills, and pursue rewarding employment.
HIGHLIGHTS . Started by Google X founder and self-driving car pioneer Sebastian Thrun . Udacity has more than 4M registered users on its platform . Over 13,000 students are enrolled in the company’s Nanodegree programs . Udacity’s last financing round was completed at a $1B valuation
KEY FACTS Location History Key Investors Relevant Stocks Mountain View, CA Founded in 2011; Andreessen Horowitz; ABCD, ASPU, LAUR raised $160M to date Bertelsmann, CRV, Drive, GV
LEADERSHIP
. Sebastian Thrun, President & Founder – previously founder of Google X, leading projects including the Self-Driving Car, Google Glass, and more . Vish Makhijani, CEO – previously SVP of Yahoo’s Search Group; also served as general manager at Inktomi . Nikhil Abraham, CFO – Founded SpeakCode; also served with Codecademy and was a consultant with The Boston Consulting Group
RECENT NEWS
. 10/13/17 – Google partners with Udacity to offer 50,000 new scholarships for developers . 10/5/17 – Udacity and Unity Technologies collaborate on new augmented reality course . 9/19/17 – Udacity opens registration for a new “Intro to Self-Driving Cars” course
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 25 Unity Technologies ApS
DESCRIPTION Unity is the creator of a flexible and high-performance end-to-end development platform used to create rich interactive 2D, 3D, VR and AR experiences. Unity’s powerful graphics engine and full-featured editor serve as the foundation to develop beautiful games or apps and easily bring them to multiple platforms: mobile devices, home entertainment systems, personal computers and embedded systems. Unity Technologies serves millions of registered developers including large publishers, indie studios, students and hobbyists around the globe.
HIGHLIGHTS . 5 Billion downloads of games made with Unity in Q3 2016 . 2.4 Billion unique mobile devices running games made with Unity . 34% of top 1,000 free mobile games are made with Unity . Customers include Coca-Cola, Disney, Electronic Arts, LEGO, Microsoft, NASA, Nexon, Nickelodeon, Square Enix, Ubisoft, Obsidian, Insomniac and Warner Bros
KEY FACTS Location History Key Investors Relevant Stocks San Francisco, CA Founded in 2004; DFJ NTES, EA, ATVI, raised $400M+ since Silver Lake CYOU, TTWO, UBI inception Sequoia Capital
LEADERSHIP
. John Riccitiello, Chairman and CEO – previously CEO of Electronic Arts; also served as President and COO of Electronic Arts . Mike Foley, CFO – previously SVP of Strategy and Corporate Development at Electronic Arts; also served as Director of Corporate Development at Microsoft . Joachim Ante, Co-Founder & CTO – Co-Founded Unity in 2004
RECENT NEWS
. 7/27/17 – Unity Technologies Debuts New Artist Tools and Innovations at SIGGRAPH 2017 . 7/12/17 – Unity Technologies Partners with Lionsgate to Create First-of-its-Kind Interactive Virtual Reality Advertisement for Upcoming Theatrical Film Release of Jigsaw
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 26 Vectra Networks
DESCRIPTION Vectra is focused on transforming cybersecurity with artificial intelligence. The Company’s Cognito platform automates cyberattack detection and response from data center and cloud workloads to user and IoT devices. Cognito correlates threats, prioritizes hosts based on risk and provides rich context to empower response with existing security systems, reducing security operations workload for its customers.
HIGHLIGHTS . Named “Most Innovative Emerging Company” in Dark Reading Best of Black Hat Awards . 5 issued US patents with 14 additional patents pending . Revenues grew over 200% y/y in Q2 2017
KEY FACTS Location History Key Investors Relevant Stocks San Jose, CA Founded in 2010; Khosla, Accel, IA, FEYE, CYBR, IMPV, raised $87M to-date AME Cloud and DAG FTNT, PANW
LEADERSHIP
. Hitesh Sheth, CEO – previously COO at Aruba Networks; also served as EVP/GM for the switching business of Juniper and held senior roles in the switching group of Cisco . Oliver Tavakoli, CTO – previously CTO for the security business of Juniper; also served as CTO of Funk Software and was a co-founder of Trilogy . Howie Shohet, CFO – previously CFO at Lattice Engines; also served as CFO of C3 Energy and business unit controller for Juniper
RECENT NEWS
. 10/4/17 – Named a 2018 TAG Cyber Distinguished Vendor . 9/13/17 – Cognito platform wins the “Overall Threat Detection Solution of the Year” award from CyberSecurity Breakthrough . 9/6/17 – Introduces attack campaign detection and prediction and enhances solution for the datacenter and cloud . 8/15/17 – Issued five US patents for artificial intelligence that automates the hunt for cyber attacker behaviors
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 27 Vestmark, Inc.
DESCRIPTION Vestmark develops and markets wealth management technology solutions for individual and institutional investors. It offers VestmarkONE, a real-time technology platform that enables broker dealers, investment managers, RIAs, bank trusts, and other financial firms to deliver wealth management and a range of advisory solutions. The company also offers VestmarkONE Advisor, a solution that empowers financial advisors to manage fee-based advisory accounts and monitor their book of business in real time. Its custodial and trading network provides connectivity and automated processing with custodians and brokerage platforms.
HIGHLIGHTS . 43 institutions . 25,000 advisors . $650B in assets . Over 2M investor accounts
KEY FACTS Location History Key Investors Relevant Stocks Wakefield, MA Founded in 2001 Summit Partners ENV, SSNC, FNGN
LEADERSHIP
. John Lunny, CEO – previously COO of Vestmark; also served as senior director of engineering at Vignette Corporation . Tiffany Freitas, CFO – previously VP of finance for the Interactive Division at the Walt Disney Company; also held roles at Bain Consulting and Citigroup Investment Banking . Elizabeth Storti, Finance Manager – previously senior finance associate at Bain Capital; also served as senior tax associate at Caturano
RECENT NEWS
. 3/14/17 – Thomson Reuters Surpasses 150 Wealth Management Service Providers with Addition of FolioDynamix, Helix Financial, and Vestmark . 3/14/17 – VestmarkONE Robo Solution Wins 2017 BISA Technology Innovation Award
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 28 WiTricity Corporation
DESCRIPTION WiTricity develops solutions to enable wireless power transfer over distance using its patented magnetic resonance technology. WiTricity works with top global carmakers and Tier 1 suppliers to deploy magnetic resonance solutions, helping realize a future of transportation that is electrified, shared and autonomous. WiTricity supports consumer electronics, industrial and medical wireless solutions through its licensee partners. WiTricity is working with nine of world’s top ten auto makers, either directly or through Tier 1 suppliers.
HIGHLIGHTS . 200+ patents granted worldwide and 200+ patents pending . Exclusive global licensee of foundational MIT patents . Licensees include Delphi Automotive, Foxconn Interconnect Technology, IHI, Intel, Lite- On, STMicroelectronics, TDK and Toyota
KEY FACTS Location History Key Investors Relevant Stocks Watertown, MA Founded in 2007; Stata, Argonaut, Intel AMBA, CEVA, PI, raised $67M to-date Capital, Toyota, QCOM, RMBS, Foxconn OLED
LEADERSHIP
. Alex Gruzen, CEO – previously co-founded Corsa Ventures; also served as SVP of Dell’s consumer and SMB product group, and previously led Dell’s global notebook business . Donald Peck, CFO – previously CFO of Lojack; also served as CFO of Satcon Technology and The First Marblehead Corporation . Morris Kesler, Ph.D., CTO – previously founded Wide Net Technologies; also served as Consulting Engineer at PhotonEx and spent 10 years with the Georgia Tech Research Institute; holds over 70 patents
RECENT NEWS
. 9/26/17 – Shindengen licenses WiTricity technology for EV wireless charging . 7/11/17 – Dell announces availability of the Latitude 7285, the world’s first wireless charged 2-in-1 notebook computer powered by WiTricity technology . 2/9/17 – Announces collaboration with Nissan on wireless charging for EVs
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 29 Material is provided for informational purposes only and does not constitute a recommendation. It has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Past performance does not guarantee future results. There is no assurance these trends will continue. The market value of securities fluctuates and you may incur a profit or a loss.
Source: Company website, Crunchbase, VentureSource and Capital IQ.
Raymond James & Associates, Member New York Stock Exchange/SIPC | For Institutional Investors 30