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Charles River Ventures
Charles River Ventures (CRV) is a venture capital firm focused on early-stage investments in technology. The firm was founded in 1970 to commercialize research that came out of MIT. Its name comes from the Charles River. History The firm has raised over $4.3 billion since inception across 18 funds. Upon closing of the 16th fund, the firm rebranded to CRV. Prior to that, CRV's 15th fund closed in February 2012 with $375 million of investor commitments. CRV's 14th fund raised $320 million of commitments. In 2013, it purchased a large portion of Pebble Technology for 15 million dollars and is credited as the primary reason why Pebble was sold to Fitbit in December 2016. This netted CRV nearly 40 million dollars. Among CRV's portfolio companies are Airtable, Amgen, Aveksa, Blippy, Cascade Communications, ChipCom, Ciena Corporation, ClassPass, Continental Cablevision, Crushpath, DoorDash, Drift, Earbits, Fiksu, iBasis, mabl, Netezza, OneLogin, Parametric Technology Corporation, ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Continental Cablevision
MediaOne Group, Inc. (Comcast MO Group, Inc.) was created by US WEST Inc, one of the original Baby Bells Regional Bell Operating Companies, acquisition of Boston-based Continental Cable and combined with its previously acquired Atlanta-based Wometco/GTC. Wometco/GTC adopted the MediaOne name a year earlier. Media One Group was acquired in 2000 by AT&T Broadband, which was subsequently acquired by Comcast in 2002. History U S WEST Inc. was a regional holding company formed from the combination of three Bell Operating Companies: The Mountain States Telephone and Telegraph Company (or Mountain Bell, based in Denver, Colorado); Northwestern Bell, based in Omaha, Nebraska; and Pacific Northwest Bell, based in Seattle, Washington. U S WEST Inc. also operated BetaWest, U S WEST International, as well as a directory publishing company, LANDMARK Publishing, renamed US WEST Direct and finally U S WEST Dex. On January 1, 1991, Northwestern Bell and Pacific Northwest Bell were legally me ...
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Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and 'Reblogging, retweet' tweets, while unregistered users only have the ability to read public tweets. Users interact with Twitter through browser or mobile Frontend and backend, frontend software, or programmatically via its APIs. Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams (Internet entrepreneur), Evan Williams in March 2006 and launched in July of that year. Twitter, Inc. is based in San Francisco, California and has more than 25 offices around the world. , more than 100 million users posted 340 million tweets a day, and the service handled an average of 1.6 billion Web search query, search queries per day. In 2013, it was one of the ten List of most popular websites, most-visited websites and has been de ...
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Sybase
Sybase, Inc. was an enterprise software and services company. The company produced software to manage and analyze information in relational databases, with facilities located in California and Massachusetts. Sybase was acquired by SAP in 2010; SAP ceased using the Sybase name in 2014. History *1984: Robert Epstein, Mark Hoffman, Jane Doughty, and Tom Haggin founded Sybase (initially trading as ''Systemware'') in Epstein's home in Berkeley, California. Their first commercial location is half of an office suite at 2107 Dwight Way in Berkeley. They set out to create a relational database management system (RDBMS) that will organize information and make it available to computers within a network. *March 1986: Systemware enters into talks with Microsoft to license Data Server, a database product built to run on UNIX computers. Those talks led to a product called Ashton-Tate/Microsoft SQL Server 1.0, shipping in May 1989. *May 1991: Systemware changes its name to Sybase. *January 19 ...
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Stratus Technologies
Stratus Technologies, Inc. is a major producer of fault tolerant computer servers and software. The company was founded in 1980 as Stratus Computer, Inc. in Natick, Massachusetts, and adopted its present name in 1999. The current CEO and president is Dave Laurello. Stratus Technologies, Inc. is a privately held company, owned solely by Siris Capital Group. The parent company, Stratus Technologies Bermuda Holdings, Ltd., is incorporated in Bermuda. Stratus Computer was a Marlborough, Massachusetts, based producer of fault tolerant minicomputers. It competed with computers from Tandem Computers and to a lesser extent Digital Equipment Corporation's VAX. Starting in 1983, its computers were resold worldwide by Olivetti under the CPS/32 ("Continuous Processing System") brand. Then, from 1985 to 1993, its computers were resold by IBM under the IBM System/88 brand. The company is now based in Maynard, Massachusetts. History Stratus shipped its first computer in February 1982, 21 ...
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SpeechWorks
SpeechWorks was a company founded in Boston in 1994 by speech recognition pioneer Mike Phillips and Bill O'Farrell. The Boston-based company developed and supported speech-related computer software. Originally known as Applied Language Technologies, SpeechWorks went public in 2000 and tripled its value. ScanSoft (now Nuance Communications) acquired Nuance in 2003, and changed its name to Nuance Communications. The company's main focus was bringing speech recognition solutions to phone systems. Carriers and voice portals were able to use these speech-activated services to direct consumer calls, conduct transactions, and obtain information. SpeechWorks technology was uniquely suited for these applications because it was the first software that offered a human-sounding voice that asked callers questions which they could verbally answer, allowed callers to interrupt the software before it concluded reciting a list of options, and could learn from previous calls in order to add new voc ...
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Ring (company)
Ring LLC is a home security and smart home company owned by Amazon. Ring manufactures home security products that incorporate outdoor surveillance cameras, including the Ring Video Doorbell smart doorbell, and hosts an app, Neighbors, for online social sharing of captured footage among users. Ring also provides video footage from its cameras and data from its Neighbors app to law enforcement agencies on request. Its police partnerships have been criticized by civil rights advocacy groups as building an invasive private surveillance network. Privacy concerns have increased since Mayor London Breed of San Francisco has supported ordinances that would allow city police to be able to access Ring footage at any time. History Pre-acquisition (2013–2017) In 2013, Ring was founded as Doorbot by Jamie Siminoff. Doorbot was crowdfunded via Christie Street, and raised 364,000, more than the $250,000 requested. In 2013, Siminoff and Doorbot appeared on an episode of the reality s ...
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PillPack
PillPack, Inc. is an American online pharmacy which is a subsidiary of Amazon.com. It is based in Manchester, New Hampshire, United States. The company was founded in 2013. History The company was founded in 2013 by TJ Parker and Elliot Cohen. By 2014 the IDEO incubated company was licensed in 31 states and shipping medication in dosage packets with robots handling the packaging process. Software development and management were based in Somerville, Massachusetts, with pharmacy fulfillment operations at the Millyard complex in Manchester, New Hampshire, former site of the Amoskeag Manufacturing Company. In April 2016, Express Scripts announced it would remove PillPack from its pharmacy benefit manager network at the end of the month, saying the company had misrepresented itself as a physical pharmacy rather than mail-order. PillPack alleged that Express Scripts was simply trying to give an anti-competitive advantage to its own mail-order pharmacy. PillPack launched the website Fix ...
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Parametric Technology Corporation
PTC Inc. (formerly Parametric Technology Corporation) is an American computer software and services company founded in 1985 and headquartered in Boston, Massachusetts. The global technology company has over 6,000 employees across 80 offices in 30 countries, 1,150 technology partners and over $1bn in revenue. The company began developing parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for product lifecycle management (PLM) in 1998. PTC products and services include Internet of things (IoT), augmented reality (AR), and collaboration software. They also do consulting, implementation and training business. History 1985-1999 Russian immigrant and mathematician Samuel P. Geisberg worked at software-design providers Applicon and Computervision prior to forming Parametric Technology Corporation in May 1985. In 1988, the company unveiled its first Unix-based commercial product called Pro/ENGINEER an ...
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OneLogin
OneLogin, Inc. is a cloud-based identity and access management (IAM) provider that develops a unified access management (UAM) platform to enterprise-level businesses and organizations. It was founded in 2009 by brothers Thomas Pedersen and Christian Pedersen. History OneLogin was founded in 2009 in San Francisco by Thomas and Christian Pedersen. The brothers were previously involved with the help desk application Zendesk, before launching OneLogin. The service officially launched in 2010. In December 2015, the company acquired San Diego-based Cafésoft, a provider of on-premise Web Access Management (WAM) software. The company provided on-premises Single Sign-On (SSO) applications. In June 2016, OneLogin acquired a cloud-based password management tool known as Portadi. Later, in November 2016, OneLogin acquired a software vendor with container technology that runs on mobile devices, as well as an account takeover detection company in 2017. In 2019, OneLogin made several sig ...
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Netezza
IBM Netezza (pronounced ne-teez-a) is a subsidiary of American technology company IBM that designs and markets high-performance data warehouse appliances and advanced analytics applications for uses including enterprise data warehousing, business intelligence, predictive analytics and business continuity planning. Netezza was acquired by IBM on September 20, 2010 and reached end of support in June 2019. It was later reintroduced in June 2020 as part of the IBM CloudPak for Data offering. History Netezza was founded in 1999 by Foster Hinshaw. In 2000 Jit Saxena joined Hinshaw as co-founder. The company was incorporated in Delaware on December 30, 1999 as Intelligent Data Engines, Inc. and changed its name to Netezza Corporation in November 2000. Netezza announced the industry's first "data warehouse appliance" in 2003 to meet the industry's need to make use of the rapidly increasing ability to collect consumer data. In July 2007, Netezza Corporation had its initial public offeri ...
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IBasis
iBASIS is a communications provider based in Lexington, Massachusetts. iBASIS offers voice, mobile data, and IoT services. In February 2019, iBASIS was acquired by Tofane Global from KPN. More than 1,000 mobile and fixed line telecommunications carriers and service providers outsourced some or all of their international voice traffic to iBASIS. It had one of the largest carriers of international voice traffic by 2007. iBASIS customers include many carriers, mobile operators, and emerging service providers including Verizon, Vodafone, VSNL, China Mobile, China Unicom, IDT Corporation, Qwest, Skype, Telecom Italia, and Telefonica. The company also offers online pre-paid international calling services to business and consumer customers through a product called Pingo. History iBASIS was founded in 1996 by Ofer Gneezy and Gordon VanderBrug to provide wholesale international long distance services to carriers using Voice over Internet Protocol (VoIP) technology. It held an initial pu ...
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