21
53
Growth Score 21 in past quarter
-1 pts
Heat Score 53 in past quarter
3 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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Seed/early stage fund; >$200m AUM, 5 funds since 1996; portfolio market cap >$15b; offices in Pittsburgh and Palo Alto.
Ivan Koon: Venture PartnerPast Role: TenMarks Education, CEO
Ned Renzi: Fouding PartnerPast Role: Concurrent Technologies Corporation, Senior Manager
About the Company
Across five funds and two decades, we've helped build numerous successful companies such as Cvent (event management - IPO) , TenMarks (math tutoring - acquired by Amazon) CyOptics (optical chips - acquired by Avago), Neolinear (EDA - acquired by Cadence), and FreeMarkets (B2B marketplace - IPO).
We believe great companies can start anywhere
(but to scale quickly they may require a coastal presence), and the best engineers and scientists do not go to just a few schools on each coast. These core principles lead us to invest in companies from across the country overlooked by many other investors, uncovering hidden gems and helping them scale up.




