I recently enjoyed the New York Times story, Shots Fired, Pinpointed and Argued Over, featuring Erica Goode’s account of the ShotSpotter gunshot detection system in action. The article does a great job of calling attention to the success of the company’s collaboration with police forces, which in turn is creating safer communities.
For instance, less than four minutes after gunshots were detected by the ShotSpotter technicians in Mountain View, California . . .
→ Read full post: Life-Saving ShotSpotter Technology In Action
Congratulations to our portfolio company ecoATM, the award-winning San Diego start-up known for its commitment to the environment and its innovative kiosks that automate the buy-back of used mobile phones and other used portable electronics directly from consumers.
It is closing its series B investment round today of approximately $17 million. Claremont Creek Ventures, Coinstar, Inc. and TAO Ventures all increased their investments while new investors joined the syndicate.
ecoATM is . . .
→ Read full post: Claremont Creek Ventures portfolio company ecoATM attracts $17 million in second round of investments
March 22, 2012 source: Billeo
Recently, one of our portfolio companies Billeo, Inc. released data on current online shopping trends from its network of over 100,000 online shoppers. The findings suggest that the rewards offered by a loyalty program can have a large impact on online shopping behavior. One statistic I found to be intriguing is that shoppers are almost five times more likely to use a reward offering the ability . . .
→ Read full post: Claremont Creek Ventures portfolio company Billeo’s data reveals what rewards consumers find most appealing
February 15, 2012 guest post originally published at: peHUB
Recent attacks against leading GOP presidential nominee Mitt Romney depict him essentially as a brutal, bare-knuckled capitalist when he ran Bain Capital. They shed a very unflattering light on the private equity world. Romney rivals have cast him as a “vulture capitalist” that took over companies, aggressively sold significant assets and fired workers to maximize profits.
This is highly exaggerated hyperbole. The fact is, . . .
→ Read full post: A VC Leaps to Private Equity’s Defense
My hearty congratulations goes to our portfolio company ecoATM, who won The Crunchies Award for Best Clean Tech Startup in 2011 last night. The San Diego-based startup, which makes an intelligent self-serve kiosk to evaluate and purchase used electronics from consumers, bested a field of five finalists that also included Array Power, Alta Energy, EcoMotors and Hara.
The Crunchies, of course, is a big deal. Hosted by GigaOm, Venturebeat and . . .
→ Read full post: ecoATM Wins 2011 Crunchies for Best Clean Tech Startup
January 16th, 2012 source: GigaOm
We are excited by the promise of EcoATM as I mentioned in a prior post. Although a lot of these kiosks won’t be in place for a couple of years, they are gaining traction. As reported by Katie Ferenbacher in the GigaOm article, the company’s secret sauce is the kiosks’ ability to automatically estimate — using electronic and visual techniques — a . . .
→ Read full post: Claremont Creek Ventures’ portfolio company EcoATM featured in article: The Internet of Things meets cell phone recycling
This week ecoATM (www.ecoatm.com) began deploying its revolutionary recycling kiosks in Northern California. Up until now, I’ve been telling folks how intriguing this company and its recycling kiosks are, but they had to travel to Southern Cal to see them installed in retail malls. Now local folks can go to a mall, get realtime pricing on their used cellphones from the worldwide recycle/refurbish markets and trade in for cash….on the spot! It is a . . .
→ Read full post: Claremont Creek Ventures’ portfolio company ecoATM moves to Northern California: Turn in those cellphones for CASH!
Our portfolio company, Sentilla raised $15M in a Series C funding we announced today. We were happy to support Sentilla which is the leading provider of IT infrastructure software that discovers, monitors, analyzes, plans and automates data center workloads. The funding round was led by SingTel Innov8 Ventures, the corporate venture arm of the SingTel Group. This new infusion of capital will be used for sales and marketing expansion. Here’s the press release, and . . .
→ Read full post: Claremont Creek Ventures Portfolio Company, Sentilla Raises $15 Million in Series C Funding
Venture capital is about nourishing the growth of highly promising young companies to help build a better economic future. So I was naturally pleased to host a group of summer interns at Claremont Creek recently because they were interested in learning more about venture and how we work.
The group has been involved with the Community Internship Program at ShotSpotter, a Claremont Creek portfolio company and the market leader in gunshot detection . . .
→ Read full post: ShotSpotter Community Internship Program Includes A Look At Venture Capital
Our portfolio company Shotspotter, the market leader and innovator in gunshot detection and location technology and acoustic surveillance, recently announced the findings of the ShotSpotter Gunshot Location System Efficacy Study, a first-ever analyst report on the capability and effectiveness of the gunshot location system as a critical technology for public safety, police and law enforcement.
The study was endorsed by the National Organization of Black Law Enforcement Executives (NOBLE) and . . .
→ Read full post: Study Reveals Key Benefits Of Shotspotter Gunshot Location Solution