Stratim Press EverQuote Inc. announced the pricing of its initial public offering of 4,687,500 shares of its Class A common stock at a public offering price of $18 per share. The shares are scheduled to begin trading on the Nasdaq Global Market today under the ticker symbol “EVER.” Insurance Journal 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. Yahoo! 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. PitchBookAlthough high start-up 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. Secondaries Investor 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. PR.com Portfolio News All20132014201520162017Act-OnActiveInvestmentsAltierreBrightRollCafePressCovarioEverQuotemBloxMirantisMobiTVMongoDBPortfolioRecommendedRioseosavings.comStratimPressYodle EverQuote Inc. announced the pricing of its initial public offering of 4,687,500 shares of its Class A common stock at a public offering price of $18 per share. The shares are scheduled to begin trading on the Nasdaq Global Market today under the ticker symbol “EVER.” Insurance Journal June 28, 2018 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. GlobeNewswire April 17, 2018 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. SiliconANGLE January 25, 2018 “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. StratimCapital January 01, 2018 Although high start-up 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. Secondaries Investor October 07, 2015 “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 March 31, 2018 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. Altierre April 17, 2018 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. Yahoo! June 14, 2018 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. MongoDB December 18, 2017 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 MongoDB June 06, 2018 Stratim portfolio Company MongoDB Prices Successful IPO TechCrunch October 19, 2017 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. PitchBook November 28, 2017 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. PR.com October 18, 2017 EverQuote Closes $23 Million Series B Funding To Rapidly Scale Personal Risk Marketplace EverQuote October 20, 2016 Cafepress prices IPO above range Reuters March 29, 2012 Covario Sees Highest Growth in Latest Search Agency Rankings by Ad Age YAHOO! Finance May 3, 2012 Yodle ranked number nine on Crain’s New York Fast 50 list of companies Crain's New York June 25, 2012 Giant coupon company to be created by Valpak distributor and Savings.com YAHOO! Finance June 21, 2012 MobiTV launches PVR in the cloud Broadband TV News July 19, 2012 Yodle to hire hundreds in Austin Austin Business Journal July 20, 2012 MobiTV Expands Data Center for Movie Delivery Broadcasting Cable August 8, 2012 Covario teaming up with MajesticSEO for global link building Search Engine Watch August 14, 2012 MobiTV heads for London in continued EMEA expansion Rapid TV News August 24, 2012 MobiTV: Turnkey Managed Video Platforms (MVPs) Grow Faster than CDNs and OVPs Advanced Television August 30, 2012 Covario Recognized for Second Year in a Row as OMMA Award Finalist Loyalty 360 August 31, 2012 BBC Worldwide Americas Partners With CafePress CafePress Inc. September 4, 2012 MobiTV showcases benefits of HEVC (H.265) video compression for service providers PR Newswire September 5, 2012 Yodle’s Google Premier SMB Partner Video Yodle September 10, 2012 TV Everywhere: a business model in search of an audience TV Technology September 20, 2012 Covario Makes the 30th Annual “Software 500” for Third Year in a Row YAHOO! Finance September 20, 2012 PE HUB: Stratim Capital Seeks $150M Fund III The PE HUB Network September 24, 2012 CafePress Launches “Press It” Feature, Enabling a New Kind of Social Sharing CafePress September 25, 2012 mBlox Updates Messaging Product Line in Face of Exploding Demand for B2C SMS Business Wire October 8, 2012 CafePress Expands e-Commerce Services With Acquisition of EZ Prints CafePress Inc. October 10, 2012 Covario Releases Q3 2012 Spend, CPC Analysis Yodle October 11, 2012 MobiTV Named 2012 Winner at the First-Ever Variety Entertainment Apps Conference PR Newswire December 4, 2012 MobiTV Demos New LTE Broadcast Solution TMCnet January 10, 2013 CafePress: 20% Growth Trading For Book Value Seeking Alpha January 11, 2013 Covario Report: Global Paid Search Spending Up 18% In 2012 Search Engine Land January 15, 2013 Yodle CEO: 2013 Local Marketing Trends: What’s Next on the Horizon? Yodle January 15, 2013 Late-stage Venture Companies in No Rush to go Public The PE HUB Network January 18, 2013 Yodle Gives Ad Tips for Google Mobile UPSTART Business Journal January 24, 2013 Sports Fans Rejoice: MobiTV Live Delivers Game Day Coverage PR Newswire February 1, 2013 WSJ on Public Debt, Equity Issues, and Private Issues WSJ February 4, 2013 Startup Employees Invoke Obscure Law to Open Up Books WSJ May 24, 2016 Yodle Closes 2012 With 50% YOY Growth, $130+ MM in Revenue and Almost 900 Employees Yodle February 11, 2013 Covario-Supported Lenovo Campaign Drove Worldwide Visibility, Website Traffic, Social Engagement, and Revenue Yahoo! Finance March 3, 2013 Yodle Acquires Lighthouse Practice Management Group Yodle March 4, 2013 mBlox sees eleventh year of sustained SMS growth the Marketingblog March 6, 2013 Yodle CEO says IPO ‘highly likely’ Crain’s New York Business March 6, 2013 Investors Bullish On PE Secondaries FIN Alternatives March 21, 2013 Bloomberg TV: Yodle CEO Interview Bloomberg Business March 21, 2013 TV broadcasters can offer OTT benefits with their OTA service TV Technology April 11, 2013 Yodle is named as a top IPO candidate among New York companies Crain’s New York Business May 13, 2013 CafePress Sets Scene for 2014 Profit Chicago Tribune May 30, 2013 Online Advertising company Yodle planning IPO this year WSJ April 1, 2014 BrightRoll, Eyeing TV Dollars, Takes on Google and AOL WSJ July 1, 2014 mBlox raises significant capital to accelerate growth and innovation Reuters July 9, 2014 Marketing software company Yodle files for IPO The PE Hub Network July 9, 2014 Rio SEO Announces Future Path Following the Dentsu Aegis Network Acquisition of Covario, Inc. Business Wire September 17, 2014 Dentsu Aegis Network to acquire Covario’s search and content marketing agency business iProspect September 17, 2014 Yahoo acquires BrightRoll BrightRoll November 11, 2014 High VC valuations hitting secondaries deals Secondaries Investor October 7, 2015 WSJ Article feature Altierre: Now Prices Can Change From Minute to Minute WSJ December 14, 2015 Web.com Announces Agreement to Acquire Yodle Yodle February 16, 2016 Business Insider picks Yodle as one of the “13 Companies That Could Be New York’s Next Billion-Dollar Exit” Business Insider May 31, 2013 Two Stratim Portfolio Companies Yodle & Covario are named as the fastest growing companies in North America on the Deloitte 2013 Technology Fast 500 Deloitte November 13, 2013 Reaches 10 Million Graphical Digital Tags Globally Business Wire September 29, 2015 Named to Deloitte’s Technology Fast 500 for the Third Consecutive Year Market Wired November 13, 2015
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.
“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.
