Stratim Press



Portfolio News 


Mirantis announced today the beta program for Mirantis Application Platform, based on the Spinnaker open source project. Mirantis Application Platform helps enterprises run applications in the public cloud, employing the approach pioneered by hyperscalers like Netflix and Google and commonly referred to as cloud-native continuous delivery.

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Mirantis Inc. today announced that co-founder Adrian Ionel, who served as its chief executive officer until 2015, has returned to the helm to lead a new strategy that will focus on emerging growth opportunities in the cloud market.

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“2nd Watch is  great example of an innovative company that is helping enterprise move compute workloads into the cloud.” said Craig Such, a partner with Stratim.

“We are excited to have 2nd Watch in Stratim’s Cloud Fund and look forward to working with them as the transformation to the cloud accelerates.” added Zachary Abrams, Managing Partners of Stratim Capital, LLC.

Although high startup valuations are making direct secondaries investments more challenging, they are also making the exit environment more attractive, explains Zach Abrams, managing partner at Stratim Capital. 

“In Q1, we made many important business updates and necessary changes to ensure profitable and sustainable growth while significantly increasing our investment in technology innovation and world class support. We are on target in executing to our transition plan, becoming cash flow positive and hiring much of the talent that will see Act-On through to long-term viability,” said Kate Johnson, Act-On CEO.

Act On

Altierre Corp and Sirqul today announced a strategic global alliance at Retail World Congress in Madrid. The alliance brings together Altierre’s leading Internet of Things (IoT) platform and Electronic Shelf Labels (ESL) with Sirqul’s IoT platform and location-based Edysentechnology to give retailers a smart, efficient solution for locating items and shoppers in their stores.

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Shares of database systems expert MongoDB (NASDAQ: MDB) gained 31% in May 2018, according to data from S&P Global Market Intelligence. These gains were achieved despite a relative lack of market-moving news.

Mongo DB

 MongoDB Inc., (Nasdaq: MDB), the leading modern, general purpose database platform, today announced the availability of MongoDB Atlas on AWS Marketplace. The company is also announcing several technology advancements for its fast-growing cloud database service that give customers improved performance, resilience and efficiency in the cloud.

Mongo DB

First Quarter Fiscal 2019 Total Revenue of $48.2 million, up 49% Year-over-Year Over 6,600 Customers at April 30, 2018, up 83% Year-over-Year MongoDB Atlas Revenue 14% of Total Q1 Revenue, up over 400% Year-over-Year

Mongo DB

Stratim portfolio Company MongoDB Prices Successful IPO

 

 

Mongo DB

The rise of private market unicorns is well known—rising from 40 in the US when the term was coined four years ago to more than 120 now. The cumulative unrealized value of current US unicorns is approaching $600 billion, per PitchBook data.

Stratim Capital LLC, a leading late-stage venture firm focused on secondary direct investments, today announced the first closing of its Stratim Cloud Fund, which is focused on purchasing secondary direct interests in late stage SaaS and cloud computing infrastructure and services companies. The new fund is expected to bring the firm’s total institutional capital under management to over $160 million.

 

EverQuote Closes $23 Million Series B Funding To Rapidly Scale Personal Risk Marketplace

Cafepress prices IPO above range

Covario Sees Highest Growth in Latest Search Agency Rankings by Ad Age

Yodle ranked number nine on Crain’s New York Fast 50 list of companies

Giant coupon company to be created by Valpak distributor and Savings.com

MobiTV launches PVR in the cloud

Yodle to hire hundreds in Austin

MobiTV Expands Data Center for Movie Delivery

 

Covario teaming up with MajesticSEO for global link building

 

MobiTV heads for London in continued EMEA expansion

MobiTV: Turnkey Managed Video Platforms (MVPs) Grow Faster than CDNs and OVPs

Covario Recognized for Second Year in a Row as OMMA Award Finalist

BBC Worldwide Americas Partners With CafePress

 

MobiTV showcases benefits of HEVC (H.265) video compression for service providers

Yodle’s Google Premier SMB Partner Video

 

TV Everywhere: a business model in search of an audience

Covario Makes the 30th Annual “Software 500” for Third Year in a Row

PE HUB: Stratim Capital Seeks $150M Fund III

CafePress Launches “Press It” Feature, Enabling a New Kind of Social Sharing

 

mBlox Updates Messaging Product Line in Face of Exploding Demand for B2C SMS

CafePress Expands e-Commerce Services With Acquisition of EZ Prints

Covario Releases Q3 2012 Spend, CPC Analysis

MobiTV Named 2012 Winner at the First-Ever Variety Entertainment Apps Conference

MobiTV Demos New LTE Broadcast Solution

CafePress: 20% Growth Trading For Book Value

Covario Report: Global Paid Search Spending Up 18% In 2012

Yodle CEO: 2013 Local Marketing Trends: What’s Next on the Horizon?

Late-stage Venture Companies in No Rush to go Public

 Yodle Gives Ad Tips for Google Mobile

Sports Fans Rejoice: MobiTV Live Delivers Game Day Coverage

WSJ on Public Debt, Equity Issues, and Private Issues 

Startup Employees Invoke Obscure Law to Open Up Books

Yodle Closes 2012 With 50% YOY Growth, $130+ MM in Revenue and Almost 900 Employees

Covario-Supported Lenovo Campaign Drove Worldwide Visibility, Website Traffic, Social Engagement, and Revenue

Yodle Acquires Lighthouse Practice Management Group

mBlox sees eleventh year of sustained SMS growth

Yodle CEO says IPO ‘highly likely’

Investors Bullish On PE Secondaries

Bloomberg TV: Yodle CEO Interview

TV broadcasters can offer OTT benefits with their OTA service

Yodle is named as a top IPO candidate among New York companies

CafePress Sets Scene for 2014 Profit

Online Advertising company Yodle planning IPO this year

BrightRoll, Eyeing TV Dollars, Takes on Google and AOL

mBlox raises significant capital to accelerate growth and innovation

Marketing software company Yodle files for IPO

Rio SEO Announces Future Path Following the Dentsu Aegis Network Acquisition of Covario, Inc.

Dentsu Aegis Network to acquire Covario’s search and content marketing agency business

Yahoo acquires BrightRoll

High VC valuations hitting secondaries deals

WSJ Article feature Altierre: Now Prices Can Change From Minute to Minute

Web.com Announces Agreement to Acquire Yodle

Business Insider picks Yodle as one of the “13 Companies That Could Be New York’s Next Billion-Dollar Exit”

Two Stratim Portfolio Companies Yodle & Covario are named as the fastest growing companies in North America on the Deloitte 2013 Technology Fast 500

Reaches 10 Million Graphical Digital Tags Globally

Named to Deloitte’s Technology Fast 500 for the Third Consecutive Year