Portfolio Companies

Austin Logistics

Austin Logistics is a leading provider of software and solutions with embedded analytics that predict customer behavior to get more value from every customer interaction—delivering a proven return on investment in six months or less. The company's solutions enable its worldwide clients to take proactive, profit-focused actions in the areas of collections, telemarketing, customer service, and risk & fraud. Unlike other enterprise solutions, our solutions quickly return high value by solving specific business problems using focused analytics and advanced optimization.

Avalon International

Avalon International is a growing provider of software and services to the payment processing domain within the US and across the globe. Avalon believes it is the only provider of a solution designed from the ground up with Check21 as the core reality of the check and payment processing functions. Its flagship product ImagePoint, is built using Microsoft .NET, Web Services and uses SQL Server and Oracle. Avalon combines today's technology and the latest in regulatory advances in banking to deliver a set of powerful solutions to its customers. The company is headquartered in Norcross, GA.

Chain Reaction Ecommerce

Chain Reaction Ecommerce (CRE) is a leading supplier of commercial open source ecommerce software and related services. Its flagship application, CRE Loaded, is designed to provide comprehensive, yet customizable web store software for small to medium-sized companies selling products and/or services online.

Connecture

Connecture provides sales automation software to the insurance industry. The product integrates the customer's online and offline information, broker and agent channels, and back office support by leveraging existing legacy systems. The results to the customer are increased sales, lower customer acquisition costs and reduced operating expenses. Connecture has worked with many industry leading health plans and insurance companies. Current customers include multi-state health organizations, such as Health Net and PacifiCare and mid-sized regional health organizations such as ConnectiCare and Health Alliance Plan.

ControlScan

ControlScan is a certified Payment Card Industry (PCI) Compliance scan vendor. ControlScan provides third party verification and services to identify, measure and prioritize security, privacy, quality, accessibility and compliance risks that exist on corporate web properties. ControlScan solutions provide the vulnerability scan and assessments, visibility and control necessary to evaluate a company's Web property risk exposure, and to put processes and procedures in place to effectively implement online governance strategies.

E-Duction

E-Duction is at the leading edge of a growing trend in payment technology. E-Duction seamlessly interfaces payroll and human resources systems enabling employers to provide their employees with guaranteed-issue MasterCards. One such product, the Clear card, allows employees to pay for personal, business and emergency expenses directly from their paychecks without incurring interest charges or late fees by use of a MasterCard that is paid off by payroll deductions. Additionally, E-Duction is partnering with large health insurance carriers to create a similar card product for Health Savings Accounts.

Financial Transaction Systems

FTRANS Corp., based in Atlanta, GA is the inventor of Trade Credit Express(tm). In cooperation with financial institutions, FTRANS provides businesses with a new B2B payments system which provides B2B sellers with all of the benefits of accepting a bank credit card for payment while still providing their B2B buyers with free and flexible credit terms. In addition, B2B sellers reduce their risk, minimize cost, and free their time as FTRANS conducts the tasks involved with customer credit administration. As a result, businesses can focus their resources on more important items such as customers and growth. For banks, this payments system provides them with a safe business lending platform allowing them to increase lending, deposits, and fees with existing and new customers.

Green Dot

GreenDot, formally NextEstate Communications, issues and markets through retailers a prepaid MasterCard card, called the “I-Gen MasterCard.” Once purchased by a customer, the I-Gen card can be used to make purchases via the Internet, catalog, telephone, or anywhere that MasterCard is accepted. The target demographic is teens and other unbanked individuals who are not able to obtain a traditional credit card. GreenDot is currently selling and reloading their cards at a variety of drug, grocery and convenience stores. The Company generates revenue from one-time activation, re-load, and monthly maintenance fees.

Interactive Advisory Software

Interactive Advisory Software (IAS) offers a best of breed web-based wealth management solution for middle market wealth managers and financial planners. IAS’s product encompasses all aspects of relationship management, client communications, financial planning, portfolio management, and practice improvement into a single integrated platform that enables its customers to attract and retain profitable advisory relationships, streamline their practices, maintain high levels of service and client satisfaction, and consistently deliver exceptional client presentations.

iKobo

iKobo Inc. is a financial services company that provides a secure, cost-effective, and convenient payment solution to individuals in the online international money-transfer and payment market. iKobo enables individuals to send money via the Internet and to receive money at over 750,000 ATMs and over 20 million Point-Of-Sale locations in over 170 countries by utilizing a debit card product.

IP Commerce

IP Commerce, Inc. has developed a transformational web services platform for the payments industry. Built utilizing Service Oriented Architecture principles, this platform enables electronic payment services to be delivered through desktop computer software. The result is that commerce service providers (bankcard processing, remote deposit capture and ACH processing) and independent software vendors can collaborate to create commerce solutions for traditional retailers and un-served or under-served non-retail and small and medium-sized businesses.

KnowledgeStorm
Acquired by TechTarget (NASDAQ "TTGT")

KnowledgeStorm is the Internet's most highly trafficked business technology search site. KnowledgeStorm shortens and streamlines the IT buy cycle by providing software, service, reseller and hardware information on thousands of IT solutions, alongside white papers, webinars, and case studies. This information is available at KnowledgeStorm.com and through syndication partners including The Wall Street Journal's StartupJournal.com, TechTarget, Aberdeen Group, InfoWorld, Fastcompany.com, Inc.com and DevX. More than 1.5 million visit KnowledgeStorm each month, and 80% of those visitors influence business technology purchase decisions.

Magnet Banking
Acquired by Digital Insight (NASDAQ "DGIN")

Magnet Communications is a leading software provider of web-based corporate cash management and business banking applications to financial institutions of all sizes. The Company's banking service includes items such as ACH, money transfers, balance reporting, loans, and lock boxes. Magnet targets the corporate customer base of financial institutions. A sampling of current customers includes: ABN AMRO, SunTrust, Harris Bank, Washington Mutual, and Silicon Valley Bank.

Market Velocity
Acquired by Mediagrif Interactive Technologies
(TSX: MDF)

Market Velocity (formerly TradeUps) provides electronic marketplace management solutions that help Fortune 1000 manufacturers increase customer loyalty and market share, drive incremental revenue, and optimize the disposition of surplus inventories. Market Velocity allows clients to sell overstocked, returned or used inventory online or through a network of distributors.

Neovest
Acquired by J.P. Morgan Chase & Co. (NYSE: JPM)

Neovest develops proactive intelligent technology solutions designed to make equity traders and investors more productive. Neovest's products enable fast, efficient delivery of market data from multiple sources and drives real-time data analysis and decision support, creating a powerful equity trading solution.

PayCycle

PayCycle provides small businesses and accountants an easy-to-use, Web interface that collects payroll information in a timely fashion, allows employers to produce paychecks or pay employees through electronic funds transfer, sends email reminders when tax filings are due, and produces pre-filled tax forms and W-2's that can be printed and/or filed electronically. PayCycle's affordable self-serve, online payroll service saves employers time and frustration while keeping them in control of their payroll expenses.

Pay Rent, Build Credit

Pay Rent, Build Credit, Inc. (PRBC) is an alternative credit bureau that allows individuals to demonstrate credit worthiness with their bill payment history. PRBC generates a credit score based on self reported bill payments for individuals with “thin” or “no hit” credit files from the traditional credit bureaus, allowing access for these individuals for loans and interest rates they would traditionally not be considered for.

Peppercoin
Acquired by Chockstone, Inc.

Peppercoin develops and markets an innovative suite of products and services for processing small payments. The company provides its payments service to online, mobile and point-of-sale merchants and enables them to grow revenue and profits through the sale of low-priced offerings. Peppercoin capitalizes on the small payments opportunity by leveraging consumers' trusted and preferred payment instruments-their credit and debit cards. The company collaborates with leading banks and financial services institutions to help them address small payments for credit cards, debit cards, and emerging payment forms.

Perimeter Internetworking

Perimeter Internetworking is a managed service provider (MSP), hosting networking and security solutions for mid-sized enterprises. The Company's bundled service offering includes managed firewall, intrusion defense, virus protection, high speed internet access, VPN, IP telephony, and desktop management. Perimeter Internetworking primarily targets community financial institutions. Examples of current customers include Investors Savings Bank, Union Savings Bank, Ocean First Bank and Rockville Savings Bank.

Serious

Serious is a provider of digital publishing and marketing services with offices in New York, London and Singapore. Its portfolio of intellectual property includes over 100 optical card patents in 60 countries. Applications of its proprietary technology include interactive gift cards, loyalty cards, pharmaceutical patient education cards, direct mail programs and collectible digital trading cards (CD & DVD Cardz).

Silverpop

Silverpop is a leading provider of permission-based email marketing solutions, strategy and services. Ranked as having the highest business value and richest feature set by JupiterResearch in 2004, Silverpop was also acknowledged by Forrester Research as a "strong performer" that "stands out with an interface that is quite easy to use while providing strong functionality." Silverpop helps marketers cultivate and maintain long-term strategic relationships with customers and partners by maximizing the potential of email as a relationship tool. Its flexible service model allows marketers to choose from full service, ASP or install and easily move between the three, making it an ideal solution for marketers at any stage of using email. Silverpop provides email marketing to industry leading companies including The Bombay Company, British Sky Broadcasting, Weather.com and more.