GlassHouse Technologies, Inc., Framingham, MA
GlassHouse Technologies is the global leader in providing vendor-independent storage services to Fortune 1000 and Global 2000 organizations. GlassHouse's service offering includes storage assessment, design and implementation, as well as remote monitoring and solution maintenance.

Investment Date: June 2002
GrandBanks Board Representative: Ryan Moore
Co-investors: Sigma Partners, Shiprock LLC, Globespan Capital Partners, Kodiak Venture Partners, Paladin Capital Group, Montagu Newhall

Career opportunities at GlassHouse Technologies

Incipient, Inc., Waltham, MA
Incipient develops switch-resident, storage management software designed to reduce the cost and complexity of managing Storage Area Networks (SANs). Incipient's software helps companies decrease operating expenses by enabling enterprise users to manage, move and protect data regardless of platform or location within the network.

Investment Date: January 2005
GrandBanks Board Representative: Charles R. Lax
Co-Investors: Greylock Partners, Sigma Partners, Globespan Capital Partners, HLM Venture Partners, Essex Investment Management, QuestMark Partners

Career Opportunities at Incipient

OutStart, Inc., Boston, MA
OutStart provides a software-based e-learning knowledge management and delivery platform for enterprises seeking to increase individual and organizational performance. OutStart's broad product family, delivered either on an enterprise or ASP basis, helps improve sales force productivity, customer service efficiencies, customer and partner education and technology adoption. GrandBanks Capital's original investment in OutStart was the result of a business combination between Concentric Visions and OutStart in 2002.

Investment Date: September 2002
GrandBanks Board Representative: Charles R. Lax
Co-investors: Sigma Partners, General Catalyst Partners, Boston University Community Technology Fund, Solstice Capital, InterWest, TL Ventures

Career opportunities at OutStart

Vela Systems, Inc., Burlington, MA
Vela provides a Software-as-a-Service (SaaS) solution to the Architecture, Engineering, and Construction space. The Vela software suite significantly accelerates field processes related to construction, capital projects and capital equipment - reducing cycle times while improving quality assurance and risk management for building contractors and architectural firms.

Investment Date: June 2007
GrandBanks Board Representative: Ryan Moore
Co-investors: Commonwealth Capital Ventures

Career opportunities at Vela Systems

Vivox Inc., Framingham, MA
Originally known as LibreTel, Vivox was founded by industry veteran Jeff Pulver and spun out of pulvermedia. Vivox provides online games, virtual worlds and other online communities with robust, integrated communication services that deliver superior quality voice, video, Instant Messaging (IM) and presence - all of which greatly improve gameplay and social interaction. Today, Vivox is bringing voice to over one million subscribers in more than 180 countries.

Investment Date: August 2005
GrandBanks Board Representative: Ryan Moore
Co-investors: Canaan Partners, Benchmark Capital

Career opportunities at Vivox

xkoto Inc., Boston, MA / Toronto, ON
xkoto's technology platform enables the replication and virtualization of data. The GRIDSCALE Database Load Balancer manages a geographic grid of standard, commercial databases, making them appear virtually as a single local database so that applications become continuously available and horizontally scalable. Recently named one of Deloitte's 2007 Companies-to-Watch, xkoto's technology partners include IBM, Microsoft, Novell, Sun Microsystems and Sybase.

Investment Date: September 2007
GrandBanks Board Representative: Tim Wright
Co-investors: GrowthWorks Canadian Fund

Career opportunities at xkoto

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