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At August Capital, we are here to help you change the world

Consumer

Industry Sector: eCommerce

Headquartered: Chicago, IL

Lead Investment Professional: Eric Carlborg/John Johnston

AvantCredit: Avant is a fast-growing marketplace lending platform that is lowering the costs and barriers of borrowing for consumers. Utilizing big data and machine-learning algorithms, the company offers a unique and highly customized approach to streamlined credit options. At its core, Avant is a tech company that is dedicated to creating innovative and practical financial products for all consumers. After securing more than $1.5 billion in loan funding, Avant was the most funded company in Chicago in 2014. More than 250,000 loans have been issued through the Avant website. In 2015, Avant was named to Forbes America’s Most Promising Companies list as well as Forbes list of Next Billion Dollar Startups. Loans through Avant are available in 46 U.S. states and in the United Kingdom.

Industry Sector: eCommerce

Headquartered: Seattle, WA

Lead Investment Professional: Eric Carlborg

zulily (ZU, acquired by Liberty Interactive): zulily is a fabulous new online store offering something special every day. Members can enjoy savings of up to 70% off retail prices; not to mention discover some exciting new brands and products. Only members can shop our sales, but membership is free and to sign up is instant and easy. zulily is a retailer obsessed with bringing moms special finds every day–all at incredible prices. We feature an always-fresh curated collection for the whole family, including clothing, home décor, toys, gifts and more.

Industry Sector: eCommerce

Headquartered: San Francisco, CA

Lead Investment Professional: David Hornik

eBates (acquired by Rakuten): Ebates is the pioneer and leader of online Cash Back Shopping. The company was founded in 1998 by two Deputy District Attorneys in Silicon Valley who used to prosecute online fraud & identity theft before starting Ebates (so you can be sure we are very into secure online transactions!). So go ahead, sign up and start shopping now. Joining Ebates is always free – you’ll never pay us anything. And four times a year or more, we’ll mail you a Big Fat Check, or transfer the money to your PayPal account if you’d prefer. We can even send the money to your favorite charity. All 100% free. People often ask: “This sounds too good to be true, how are you able to do it?” It really is quite simple. Just like almost every other online shopping center, we get a commission from the stores when you make a purchase. Instead of keeping that money – like almost all other sites do – we share it with you! So, as long as 1,700+ of the world’s top online stores are happy to pay a bonus to attract the new, valuable customers we send their way, Ebates.com is going to continue to send Big Fat Checks to our satisfied customers across the globe.

Industry Sector: eCommerce

Headquartered: Chicago, IL

Lead Investment Professional: Tripp Jones

Rocket Travel (RocketMiles) acquired by Priceline Group (NASDAQ: PCLN): We’ve done extensive research on where and how people want to travel. Some of them save up miles and points with a specific personal goal in mind. They want to learn to play guitar in Andalusia, bring their daughter to Yellowstone, or take their boyfriend on a trip to Lahaina. Others are enablers: they fuel the adventures of their college-bound sons, or donate their miles to charity.

How Rocketmiles Works:

1 – Book Hotels – Pay the same rates for the best hotels. Refundable rates available.

2 – Earn Miles – Get thousands of airline miles or points — up to 5,000 per night.

3 – Vacation Faster – Use your miles to reach your dream destination.

Industry Sector: eCommerce

Headquartered: San Francisco, CA

Lead Investment Professional: Howard Hartenbaum

Turo (RelayRides): It’s taken six years, hundreds of thousands of trips, and millions of miles to arrive here at Turo. Our marketplace has blossomed into something truly extraordinary — a vibrant community of car owners and travelers who inspire and fuel us every day.

Industry Sector: eCommerce

Headquartered: New York, NY

Lead Investment Professional: Tripp Jones

CommonBond: In 2011, David Klein, Mike Taormina, and Jessup Shean met as Wharton MBA students and set out to tackle one of the most frustrating areas of consumer finance: the student lending industry. Armed with backgrounds in finance, and a wealth (or more accurately, debt) of first-hand student loan experience, they co-founded CommonBond. Since then, the company has grown, but what has remained consistent is the mission to deliver competitive pricing, a simple, tech-enabled experience, and exceptional customer service.

CommonBond is shaking up the student loan market.

Industry Sector: eCommerce

Headquartered: San Diego, CA

Lead Investment Professional: Eric Carlborg

Housecall (Codefied): The HouseCall team came together after working for many years on contextual software for smartphones at world-leading wireless company Qualcomm. We are out to change the $500B+ home services industry by rethinking how things should work in a mobile-centric world.

Industry Sector: eCommerce

Headquartered: New York, NY

Lead Investment Professional: Tripp Jones

Paperless Post: Our Vision — Communication is an extension of personal style. Paperless Post is innovating on tradition and redefining the way you connect with people both online and off. Beautiful design meets seamless technology. Our Product — Paperless Post helps you create online and paper stationery that reflects your individual aesthetic. Our distinctive, customizable designs and powerful online tools make it easy to communicate expressively on any occasion—from everyday correspondence to milestone life events. Paperless Post collaborates with leading fashion and lifestyle designers, including kate spade new york, Oscar de la Renta, Jonathan Adler, and John Derian. To date, Paperless Post users have sent over 85 million cards. Our Company — Siblings James and Alexa Hirschfeld launched Paperless Post in 2009 to prove that communication could be personal and well-designed regardless of the medium. Since then, we’ve established new standards for modern correspondence, allowing users to communicate expressively on platforms that have otherwise favored efficiency over design. In 2013, Paperless Post introduced the first collection of hybrid online-offline stationery, bringing the timeless tradition of fine paper to users who value the efficiency and accessibility of the web.

Industry Sector: Data Communications

Headquartered: San Francisco, CA

Lead Investment Professional: Howard Hartenbaum

Open Garden: We’re dedicated to connecting the next 5 billion mobile devices with peer-to-peer connections. Many call us the pioneers of peer-to peer mesh networking. We created FireChat, the first off-the-grid messaging app to enable people to communicate even without any Internet or cellular connection.

Technology
Open Garden’s technology creates a software-based network, also known as a peer-to-peer wireless mesh network, among participating mobile devices using WiFi, Bluetooth LE, and other technologies. Open Garden’s innovations include: seamless device discovery and pairing, offline identity, a proprietary network protocol for addressing and routing messages off-the-grid, distributed algorithms for managing mesh networks, advanced traffic management (multi-hop, store and forward), and battery use reduction.

FireChat
FireChat is the messaging app that works when and where others cannot. Winner of a 2015 SXSW Innovation award, FireChat uses peer-to-peer mesh networking technology to connect people and mobile devices even when no Internet connection or mobile data service is available.

FireChat has been among the top 10 social networking applications in 124 countries. From Burning Man to Taiwan, HongKong, Delhi, Moscow, Manila, Paris, Srinagar, Kuala Lumpur and Austin, pro-democracy protesters, disaster relief organizations, leaders and artists are choosing FireChat to stay connected to their fans, friends and communities.

Firechat has been featured on CNN, CNBC, the BBC, the Financial Times, the Economist, the Wall Street Journal, and almost any major news outlet or TV network you can think of.

Industry Sector: eCommerce

Headquartered: San Clemente, CA

Lead Investment Professional: Eric Carlborg

STANCE: Stance’s founders saw a category that had been ignored, taken for granted, and dismissed. By breathing life into something that had been overlooked, Stance has ignited a movement of art and self-expression that has drawn athletes, performers and iconic cultural influencers to the brand – a group called the Punks & Poets. And by underpinning its creative roots with a relentless focus on technical innovation, Stance is now found in over 40 countries on the feet of those who dare to be different.

Industry Sector: eCommerce

Headquartered: Toronto, Canada

Lead Investment Professional: Tripp Jones

Wattpad: Wattpad is a place to discover and share stories: a social platform that connects people through words. It is a community that spans borders, interests, languages. With Wattpad, anyone can read or write on any device: phone, tablet, or computer. With thousands of stories added each day, there’s always something you want to read. Want a story about a daughter smuggling her zombie mother to safety? We have that. Want a story about a time-traveling frog with super powers? We don’t have that, and we’d be happy to see you write it. Wattpad stories are free. Whether you’re online or off, use the devices you already own to carry an entire library wherever you go. Join the conversation about the stories you read: message the writer and interact with other people who love the story as much as you.

Industry Sector: eCommerce

Headquartered: Berkely, CA

Lead Investment Professional: Howard Hartenbaum

Callisto Media: Callisto Media was founded in 2011 by veterans of the technology and digital media industries. Callisto utilizes proprietary algorithms to mine big data for topics of consumer interest and produces non-fiction titles which enable readers to lead healthier, more fulfilled lives. Callisto Media represents a new publishing paradigm: one which combines rich data analysis with deep publishing expertise. Callisto has worldwide distribution under its subsidiary Arcas Publishing and a family of imprints that includes Rockridge Press, Garamond Press, Salinas Press, Healdsburg Press, Althea Press, and others.

Industry Sector: eCommerce

Headquartered: San Francisco, CA

Lead Investment Professional: David Hornik

MassDrop: Massdrop is an online community for enthusiasts that provides people across several communities — from audio and electronics to quilting and cooking — a place to connect, discuss their favorite products and activities, and buy those products together.

Industry Sector: eCommerce

Headquartered: Palo Alto, CA

Lead Investment Professional: David Hornik

RocketLawyer: Helping 20 million people.  Just like you. Our laws were created to protect and empower us — as individuals, families and business owners — but many people don’t get the help they need because of costly legal fees and complexity.

At Rocket Lawyer, we want to change things by making legal services affordable, simple and available to more people than ever before. I’m proud to say that we’ve been able to build a service that millions of people rely upon. Every day we spend our time and resources making it easier for people to get the legal help they need, so they can focus on what’s really important — taking care of their families and building strong businesses.

We combine free legal documents and free legal information with access to affordable representation by licensed attorneys. With Rocket Lawyer On Call, you can create a Will for your family for free or incorporate a business free from legal fees. Then, because we know there’s no replacement for qualified counsel, local attorneys are here to help when you need more guidance. With Rocket Lawyer you never have to go it alone.

Our commitment to affordable and accessible legal services is at the heart of everything we do. Most attorneys and bar associations agree that much can and should be done to improve access to the law by reducing cost and complexity. We invite you to try our service and see why customers like Sean Reid say they’re glad to have Rocket Lawyer On Call®.

Together, we’ll make the law work for you.

Industry Sector: eCommerce

Headquartered: Richmond, VA

Lead Investment Professional: Eric Carlborg

snagajob.com: Some people would pay not to think about work, but at Snagajob – it’s all we think about. Since 2000, we’ve made it our mission to help hourly workers find jobs they love–and help hourly employers find the best people for their jobs. Our passion has made us the number one hourly job site in the world. But it doesn’t stop there. We continually develop innovative tools to help hourly workers and employers simplify their jobs and start living their dreams. That’s sort of our “thing”, and we’re beyond excited about it. We believe everyone reaps the benefits when that perfect employee-employer match occurs. And that belief is ingrained in every aspect of our company–from every job seeker and employer we work with to each Snagger at our Richmond, Va. headquarters. At Snagajob, we know that getting the right job isn’t an ending. It’s the beginning of something much, much bigger. America’s largest hourly employment network for job seekers and employers. The #1 Source of Hourly Employment ®

Enterprise

Industry Sector: Data Communications

Headquartered: San Francisco, CA

Lead Investment Professional: David Hornik

Fastly: Fastly is changing the way the world experiences the internet.

We’re redefining content delivery. Our mission is to help businesses operate in real time and increase their speed of innovation. With Fastly, you can manage traffic spikes and mitigate security threats all while improving the performance of your website and mobile application.

More insight into your digital world

Fastly isn’t a black box — our services integrate with your existing software stack via API and become a core part of your development environment. Custom configurations and real-time performance analytics allow you to make informed decisions instantly, ensuring a better user experience for your visitors and shoppers.

Improved business agility

Our technology and infrastructure lets your team innovate rapidly and multiply traffic capacity without added risk or the need to increase your infrastructure investment.

Security without sacrificing performance

Security is crucial to any enterprise, but it shouldn’t come at the cost of performance. We continually protect our customers from the largest attacks. Fastly also lets you move authorizations to the edge of our global network, ensuring that your users’ information stays secure.

Industry Sector: Data Communications

Headquartered: Richardson, TX

Lead Investment Professional: Vivek Mehra

Mavenir (MVNR, acquired by MITL): Mavenir is a leading provider of software-based networking solutions that enable mobile service providers to deliver high-quality internet protocol (IP)-based voice, video, rich communications and enhanced messaging services to their subscribers globally. Mavenir’s mOne® Convergence Platform has enabled leading mobile service providers to introduce the industry’s first live network deployment of Voice-Over-LTE (VoLTE) and the industry’s first live deployment of next-generation Rich Communication Services. Our solutions deliver next-generation services such as Rich Communication Services (RCS), Voice over LTE (VoLTE) and Voice over Wi-Fi (VoWi-Fi) over existing 2G/3G networks and next-generation 4G LTE networks.

Industry Sector: Software and Services

Headquartered: Cupertino, CA

Lead Investment Professional: David Hornik

PayCycle (acquired by Intuit): SMB Online Payroll Application Service Provider

Industry Sector: Software and Services

Headquartered: San Francisco, CA

Lead Investment Professional: David Hornik

Splunk (SPLK): It enables the curious to look closely at what others ignore—machine data—and find what others never see: insights that can help make your company more productive, profitable, competitive and secure. What can you do with Splunk?

Just ask.

Powerful search, analysis and visualizations. Thousands of enterprise customers. Quick to get started. Our breakthrough products change how organizations use data. By enabling everyone in the organization, from the system administrator to the C-level executive, to bridge the data divide, Splunk products unify business and IT users around the tremendous value and ROI to be found in machine data. Unlocking powerful insights from machine data is something every organization needs to take advantage of—and with Splunk products, they can.You see servers and devices, apps and logs, traffic and clouds. We see data—everywhere. Splunk® offers the leading platform for Operational Intelligence.

Industry Sector: Hardware

Headquartered: Newark, CA

Lead Investment Professional: Vivek Mehra

Tegile Systems: Our mission is to accelerate the transformation of enterprise IT by changing the performance and economics of enterprise storage. Our flash storage arrays, with patented IntelliFlash™ architecture, deliver high I/O and low latency for business applications such as databases, server virtualization and virtual desktops. Our customers achieve business acceleration and unmatched storage capacity reduction.

Our Intelligent Flash Arrays enable you to dial up or down the amount of flash storage to meet the specific performance needs of your applications. Get the high performance of flash with the economics of disk storage.

Since 2010, we’ve provided innovative flash-optimized storage solutions that enable businesses of all sizes to accelerate their applications, reduce their storage footprint and cut operational costs. With demand growing for bigger data and faster service, your data storage choices can make or break your business. Accelerate your business with Tegile’s all-flash and hybrid storage solutions.

Industry Sector: Software and Services

Headquartered: New York, NY

Lead Investment Professional: Eric Carlborg

Integral Ad Science: We are a global media valuation platform that enables digital buyers and sellers to assess the value of every ad opportunity across channels and screens, and make informed decisions that maximize ROI. Through constant technological innovation, key partnerships, and strong client relationships, we’re driving the industry toward realizing the full potential of online advertising.

Industry Sector: Software and Services

Headquartered: Sunnyvale, CA

Lead Investment Professional: Vivek Mehra

Virsto (acquired by VMWare): Virsto develops a VM-centric storage hypervisor. The company is privately funded and headquartered in Sunnyvale, California. On February 11, 2013, VMware announced that it had signed a definitive agreement to acquire Virsto.

Industry Sector: Software and Services

Headquartered: San Francisco, CA

Lead Investment Professional: Vivek Mehra

Kentik: Kentik is a big data-based SaaS for network visibility, DDoS detection, and infrastructure optimization. We scale to any volume of traffic, catch issues in moments, and inform your response with data-driven insights. Ready for network intelligence at Terabit scale? Kentik is your visibility solution.

Industry Sector: eCommerce

Headquartered: Palo Alto, CA

Lead Investment Professional: David Hornik

WePay: WePay is built for companies facilitating transactions between merchants and payers on their platform. We understand that these three party transactions (merchants, payers, your platform) have their own unique needs and we’re designed with your needs in mind. The payments API calls are grouped into three categories, based on the key points in the payment user experience. Explore them below and see the flexibility you have in designing your platform’s unique user experience.

Industry Sector: Software and Services

Headquartered: Mountain View, CA

Lead Investment Professional: Vivek Mehra

Mirantis: Mirantis is the pure play OpenStack company, providing all the software, services, training and support you need to run a production deployment of OpenStack at scale. We deliver all the technology, integration, training and support required for companies to succeed with production-grade open source cloud. More customers rely on Mirantis than any other company to scale out OpenStack without the compromises of vendor lock-in. Our bench of 400+ open source infrastructure experts helped make us one of the top 5 contributors to OpenStack’s upstream codebase.

 

Industry Sector: Software and Services

Headquartered: San Francisco, CA

Lead Investment Professional: Howard Hartenbaum/David Marquardt

Samba TV: Samba TV is a leading provider of television analytics and cross screen advertising. We make TV better.

We started Samba TV in 2008 with one goal: To improve the TV experience for the people who watch, broadcast and advertise on TV.

Our team has deep experience in digital media, algorithms, large-scale Web engineering, big data & design.

At Samba TV, we work together to make television the best it can be.

Industry Sector: Enterprise Services and Logistics

Headquartered: Palo Alto, CA

Lead Investment Professional: Howard Hartenbaum

EatClub: Introducing innovation to the online food delivery space is no small task, but in 2010 that is what EAT Club set out to do.

Today, EAT Club is the largest business-focused online lunch delivery company in the US. We currently serve the San Francisco Bay Area and Los Angeles. We collaborate with the best local restaurants to provide quality and affordable meals that are prepared fresh daily. We also prepare healthy and tasty food in EAT Club’s own kitchens.

We make it easy to find the perfect lunch because every meal is beautifully photographed and presented with a description, ratings and ingredients. We keep things interesting by providing a changing assortment of top rated dishes and adding new ones weekly. And we make lunch convenient by delivering to you on time and backing every order with amazing customer support.

EAT Club is based in Palo Alto, California. We have attracted a world class group of investors, including:

Industry Sector: Software and Services

Headquartered: Los Angeles, CA

Lead Investment Professional: David Hornik

Second Spectrum: Second Spectrum was founded in 2013 by Rajiv Maheswaran, Yu-Han Chang, and Jeff Su. Rajiv and Yu-Han were faculty in USC’s Computer Science Department and Jeff was a software engineer at Factual, a leading big data company. In their spare time, Rajiv and Yu-Han began a project analyzing NBA player tracking data, working with a few talented USC undergrads (who later joined the Second Spectrum team). Their work was awarded with the Best Research Paper at the 2012 MIT Sloan Sports Analytics Conference, garnering the attention of professional sports leagues and teams. They won a second Best Research Paper at Sloan two years later. Today, we have over 40 full-time employees, including former professors, big data startup veterans, talented undergraduates, incredible designers and professional athletes. Together, we are transforming sports through technology.

Industry Sector: Software and Services

Headquartered: Toronto, Canada

Lead Investment Professional: Tripp Jones

Quandl: Quandl is a Data Platform. We host data from hundreds of publishers on a single easy-to-use website. We help data analysts save time, effort and money, by delivering financial and economic data in the format they want: via our website, our API, or directly into dozens of tools.

Our Mission
1 – Our mission is to make all the numerical data in the world available on this website. We already cover 10s of millions of datasets across 100s of unique databases
2 – We enable our users to get the precise data they need, in the exact format they want. Instant unlimited downloads in any format or via any tool
3 – We support open data. We believe that public data must be free, open, and accessible to all. We promise never to charge for data that is available elsewhere for free
4 – We support commercial data. We believe that data users are entitled to data of the highest quality. Our premium databases set the standard for paid commercial data
5 – We respect data as IP. We believe that data publishers have the right to control the data they create. We empower individuals and organizations to monetize their data expertise
6 – We are an open platform. Anybody can buy, sell, store or share data on Quandl. We will not build walls around data or restrict who can participate in the data economy

Industry Sector: Software and Services

Headquartered: San Francisco, CA

Lead Investment Professional: Vivek Mehra

UpGuard (ScriptRock): UpGuard is the first digital resilience platform that evaluates the ongoing configuration state of every server, application, or network device in your complex corporate infrastructure to provide deep visibility and insight into your configuration state.

UpGuard can help you accelerate DevOps initiatives by validating your complete tool-chain and pipeline, discover critical security gaps and vulnerabilities, and foster the necessary insights for deploying, managing, retiring and optimizing IT systems safely and securely.

UpGuard is now the only company that provides you with your Cyber Security Threat Assessment Report, or CSTAR, score. The CSTAR score is a single, easy-to-understand value representing an organization’s aptitude in monitoring compliance, tracking unwanted change and detecting vulnerabilities in their infrastructure.

UpGuard customer’s are already using their CSTAR score to easily understand and remediate their risk for data breaches and unplanned outages as well as obtaining cyber insurance coverage that was never available before