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Over the course of their careers Equip's GP's have made venture investment and entrepreneurial decisions on over 20 companies including four in which they have taken equity stakes in since the formation of Equip Ventures. Equip's GP's have added significant value and at times have taken on executive roles at these companies to ensure their ability to reach their milestones. This is emblematic is Equip's hands-on very active investment approach.
Wasabi
Systems
Wasabi
Systems is an embedded OS developer focused on the embedded
storage systems market. An Equip GP invested at the seed
stage and worked closely with management in developing
the business plan and converting from a services to a
productized business model. To-date Wasabi has signed
contracts with over 10 major customers, received an investment
from Intel Capital has grown to 45 team-members and $2
Million + in revenues, brought on a new CEO with a track
record in the space and is primed for further growth.
Aspeed
Software
Aspeed
Software (Formerly Powerllel Corp.) is a parallel computing
software developer focusing initially on the financial
services space. An Equip GP invested at the seed stage
and worked closely with management in developing the
business plan, securing initial customers and closing
a $5.6 Million Series A led by Kodiak Venture Partners
and Castile Ventures and preparing the groundwork for
recruiting a senior industry executive team. To-date
Aspeed has signed contracts with significant financial
services and pharmaceutical companies and is primed for
further growth.
eZore Systems
eZore Systems is developing the next generation services platform for outdoor wireless municipal broadband networks. An Equip Ventures GP made a pre-seed stage investment and is serving as Chairman and Seed Stage CEO of eZore. The Company was selected for DEMOmobile 2004, has been selected as Red Herring Top 100 Innovator for 2005, is recruiting a top-tier management team and will be launching its next Financing Round in once it achieves certain milestones.
Caringo
Caringo has developed a disruptive product in the fixed
content storage space that delivers the distilled OS and
all the software needed to turn any commodity hardware
into a storage node. An Equip Ventures GP made a pre-seed
stage investment and is serving as CEO of Caringo. Caringo
has a very experienced management team with a strong track
record and has developed significant customer and industry
interest since launch earlier in 2006.
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