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CRVC
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 Boston area 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 and is credited as the primary reason why Pebble was sold to Fitbit in December 2016. This netted CRV nearly $40 million. In 2024, CRV returned 275 million dollars from the 500 million it had raised in its current fund back to investors, stating that their focus would shift away from late-stage investments and toward the early stage. Among CRV's portfolio companies are Aveksa, mabl, OneLogin, Stella, Sybase, Yammer, ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, 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 general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Venture Capital Firms Of The United States
Venture may refer to: Arts and entertainment Music *The Ventures, an American instrumental rock band formed in 1958 *"A Venture", 1971 song by the band Yes *''Venture'', a 2010 EP by AJR Games * ''Venture'' (video game), a 1981 arcade game *''Venture'', a strategic card game by Sid Sackson * Venture (''Overwatch''), a playable character from the video game '' Overwatch 2'' Film * SS ''Venture'', a ship in ''King Kong'' and its 2005 remake * SS ''Venture'', an InGen-owned ship featured in '' The Lost World: Jurassic Park'' Other uses * ''Venture'' (TV series), a Canadian business television show Magazines * '' Venture Science Fiction'', defunct US science fiction magazine * ''Venture'' (magazine), a management magazine Business * Business venture * Venture (department store), a defunct discount department store operating across Australia * Venture Stores, a former retail chain Transportation * Chevrolet Venture, a General Motors minivan * Yamaha Ventur ...
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Zendesk
Zendesk, Inc. is an American company that provides software-as-a-service (SaaS) products related to customer support, sales, and other customer communications. The company was founded in Copenhagen, Denmark, in 2007 and is headquartered in San Francisco, California, United States. Zendesk raised about $86 million in venture capital investments before going public in 2014. On November 22, 2022, Zendesk announced that it had been acquired by a group of investors led by Hellman & Friedman and Permira for approximately $10.2 billion. History Origins and funding Zendesk was founded in Copenhagen, Denmark in 2007 by three friends: Morten Primdahl, Alexander Aghassipour, and Mikkel Svane. The founders started developing the Zendesk software in Svane's loft. Initially, Zendesk was funded by the cofounders themselves, each doing consulting jobs to support their families. Within a few months of the Zendesk software-as-a-service product being released in the fall of 2007, it had about ...
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Yammer
Viva Engage (formerly Yammer) is an enterprise social networking service that is part of the Microsoft 365 family of products. It is used mainly for private enterprise social software, communication within organizations but is also used for networks spanning various organizations. Access to a Yammer network is determined by a user's Internet domain, so only individuals with approved Email address, email addresses may join their respective networks. The service began as an internal communication system for the genealogy website Geni.com and was launched as an independent product in 2008. Microsoft later acquired Yammer in 2012 for US$1.2 billion (~$ in ). Currently, Yammer is included in all enterprise plans of Microsoft 365, and evolved into ''Viva Engage'' as of February 2023. Viva was re-launched as an "employee experience platform" and to make it more community-friendly. History Pre-acquisition In 2008, Yammer was built as an internal feature for Geni.com, Geni by David O. ...
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Sybase
Sybase, Inc. was an enterprise software and services company. The company produced software relating to 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—formerly with Ingres—and Mark Hoffman leave Britton-Lee. They, Jane Doughty, and Tom Haggin start 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 Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in ...
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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 for enterprise-level businesses and organizations. 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. 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. OneLogin was acquired on October 4, 2021, by Quest Software, One Identity. Security breaches In August 2016, OneLogin reported that "an unauthorized user gained access to one of ...
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Aveksa
RSA Security LLC, formerly RSA Security, Inc. and trade name RSA, is an American computer security, computer and network security company with a focus on encryption and decryption standards. RSA was named after the initials of its co-founders, Ron Rivest, Adi Shamir and Leonard Adleman, after whom the RSA (algorithm), RSA public key cryptography algorithm was also named. Among its products is the SecurID authentication token. The BSAFE cryptography libraries were also initially owned by RSA. RSA is known for incorporating backdoors developed by the National Security Agency, NSA in its products. It also organizes the annual RSA Conference, an information security conference. Founded as an independent company in 1982, RSA Security was acquired by EMC Corporation in 2006 for US$2.1 billion and operated as a division within EMC. When EMC was acquired by Dell Technologies in 2016, RSA became part of the Dell Technologies family of brands. On 10 March 2020, Dell Technologies announced ...
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Fitbit
Fitbit is a product lining, line of wireless-enabled wearable technology, physical fitness monitors and activity trackers such as smartwatches, pedometers and monitors for heart rate, quality of sleep, and stairs climbed as well as related software. It operated as an American consumer electronics and fitness company from 2007 to 2021. The Fitbit brand name was originally owned by Fitbit, Inc., founded by James Park (entrepreneur), James Park and Eric Freidman. The company was acquired by Google in January 2021 and was absorbed into the company's hardware division. In 2019, Fitbit was the fifth largest wearable technology company in shipments. The company has sold more than 120 million devices and has 29 million users in over 100 countries. History Fitbit LLC was founded as Healthy Metrics Research, Inc. in San Francisco, California, on March 26, 2007, by James Park (entrepreneur), James Park (Chief executive officer, CEO) and Eric Friedman (Chief technology officer, CTO). In ...
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Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ...
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Pebble (watch)
Pebble is a discontinued smartwatch developed by Pebble Technology Corporation based in Palo Alto, California that shipped from 2013 to 2016. A brainchild of Eric Migicovsky, funding was conducted through a Kickstarter campaign in 2012. It was the most funded project in Kickstarter history at the time, raising $10.3 million. Pebble watches can be connected to Android and iOS devices to show notifications and messages. An online app store distributed Pebble-compatible apps from many developers including ESPN, Uber, Runkeeper, and GoPro. Pebble has been succeeded by Core Devices, a company founded by Eric Migicovsky manufacturing new PebbleOS devices under the Core name, and continuing software development on the open source PebbleOS project. A steel-bodied variant to the original Pebble, the Pebble Steel, was announced at CES 2014 and released in February 2014. It had a thinner body, tactile metal buttons, and a Corning Gorilla Glass screen. In 2015, Pebble launched its second ...
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Charles River
The Charles River (Massachusett language, Massachusett: ), sometimes called the River Charles or simply the Charles, is an river in eastern Massachusetts. It flows northeast from Hopkinton, Massachusetts, Hopkinton to Boston along a highly meandering route, that doubles back on itself several times and travels through 23 cities and towns before reaching the Atlantic Ocean. The indigenous Massachusett named it , meaning "meandering" or "meandering still water". Hydrography The Charles River is fed by approximately eighty streams and several major aquifers as it flows , starting at Teresa Road just north of Echo Lake (Hopkinton), Echo Lake () in Hopkinton, passing through 23 cities and towns in eastern Massachusetts before emptying into Boston Harbor. Thirty-three lakes and ponds and 35 municipalities are entirely or partially part of the Charles River drainage basin. Despite the river's length and relatively large drainage area (), its source is only from its mouth, and the r ...
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