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 JournalJune 28, 2018Mirantis 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. SiliconANGLEJanuary 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, 2018Although 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 InvestorOctober 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-onMarch 31, 2018Altierre 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. AltierreApril 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, 2018MongoDB 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. MongoDBDecember 18, 2017First 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 MongoDBJune 06, 2018 Stratim portfolio Company MongoDB Prices Successful IPO TechCrunchOctober 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. PitchBookNovember 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.comOctober 18, 2017 EverQuote Closes $23 Million Series B Funding To Rapidly Scale Personal Risk Marketplace EverQuoteOctober 20, 2016Cafepress prices IPO above range ReutersMarch 29, 2012Covario Sees Highest Growth in Latest Search Agency Rankings by Ad Age YAHOO! FinanceMay 3, 2012Yodle ranked number nine on Crain’s New York Fast 50 list of companies Crain's New YorkJune 25, 2012Giant coupon company to be created by Valpak distributor and Savings.com YAHOO! FinanceJune 21, 2012MobiTV launches PVR in the cloud Broadband TV NewsJuly 19, 2012Yodle to hire hundreds in Austin Austin Business JournalJuly 20, 2012MobiTV Expands Data Center for Movie Delivery Broadcasting CableAugust 8, 2012Covario teaming up with MajesticSEO for global link building Search Engine WatchAugust 14, 2012MobiTV heads for London in continued EMEA expansion Rapid TV NewsAugust 24, 2012MobiTV: Turnkey Managed Video Platforms (MVPs) Grow Faster than CDNs and OVPs Advanced TelevisionAugust 30, 2012Covario Recognized for Second Year in a Row as OMMA Award Finalist Loyalty 360August 31, 2012BBC Worldwide Americas Partners With CafePress CafePress Inc.September 4, 2012MobiTV showcases benefits of HEVC (H.265) video compression for service providers PR NewswireSeptember 5, 2012Yodle’s Google Premier SMB Partner Video YodleSeptember 10, 2012TV Everywhere: a business model in search of an audience TV TechnologySeptember 20, 2012Covario Makes the 30th Annual “Software 500” for Third Year in a Row YAHOO! FinanceSeptember 20, 2012PE HUB: Stratim Capital Seeks $150M Fund III The PE HUB NetworkSeptember 24, 2012CafePress Launches “Press It” Feature, Enabling a New Kind of Social Sharing CafePressSeptember 25, 2012mBlox Updates Messaging Product Line in Face of Exploding Demand for B2C SMS Business WireOctober 8, 2012CafePress Expands e-Commerce Services With Acquisition of EZ Prints CafePress Inc.October 10, 2012Covario Releases Q3 2012 Spend, CPC Analysis YodleOctober 11, 2012MobiTV Named 2012 Winner at the First-Ever Variety Entertainment Apps Conference PR NewswireDecember 4, 2012MobiTV Demos New LTE Broadcast Solution TMCnetJanuary 10, 2013CafePress: 20% Growth Trading For Book Value Seeking AlphaJanuary 11, 2013Covario Report: Global Paid Search Spending Up 18% In 2012 Search Engine LandJanuary 15, 2013Yodle CEO: 2013 Local Marketing Trends: What’s Next on the Horizon? YodleJanuary 15, 2013Late-stage Venture Companies in No Rush to go Public The PE HUB NetworkJanuary 18, 2013 Yodle Gives Ad Tips for Google Mobile UPSTART Business JournalJanuary 24, 2013Sports Fans Rejoice: MobiTV Live Delivers Game Day Coverage PR NewswireFebruary 1, 2013WSJ on Public Debt, Equity Issues, and Private Issues WSJFebruary 4, 2013Startup Employees Invoke Obscure Law to Open Up Books WSJMay 24, 2016Yodle Closes 2012 With 50% YOY Growth, $130+ MM in Revenue and Almost 900 Employees YodleFebruary 11, 2013Covario-Supported Lenovo Campaign Drove Worldwide Visibility, Website Traffic, Social Engagement, and Revenue Yahoo! Finance March 3, 2013Yodle Acquires Lighthouse Practice Management Group YodleMarch 4, 2013mBlox sees eleventh year of sustained SMS growth the MarketingblogMarch 6, 2013Yodle CEO says IPO ‘highly likely’ Crain’s New York Business March 6, 2013Investors Bullish On PE Secondaries FIN Alternatives March 21, 2013Bloomberg TV: Yodle CEO Interview Bloomberg BusinessMarch 21, 2013TV broadcasters can offer OTT benefits with their OTA service TV TechnologyApril 11, 2013Yodle is named as a top IPO candidate among New York companies Crain’s New York BusinessMay 13, 2013CafePress Sets Scene for 2014 Profit Chicago TribuneMay 30, 2013Online Advertising company Yodle planning IPO this year WSJApril 1, 2014BrightRoll, Eyeing TV Dollars, Takes on Google and AOL WSJJuly 1, 2014mBlox raises significant capital to accelerate growth and innovation ReutersJuly 9, 2014Marketing software company Yodle files for IPO The PE Hub NetworkJuly 9, 2014Rio SEO Announces Future Path Following the Dentsu Aegis Network Acquisition of Covario, Inc. Business WireSeptember 17, 2014Dentsu Aegis Network to acquire Covario’s search and content marketing agency business iProspectSeptember 17, 2014Yahoo acquires BrightRoll BrightRollNovember 11, 2014High VC valuations hitting secondaries deals Secondaries InvestorOctober 7, 2015WSJ Article feature Altierre: Now Prices Can Change From Minute to Minute WSJDecember 14, 2015Web.com Announces Agreement to Acquire Yodle YodleFebruary 16, 2016Business Insider picks Yodle as one of the “13 Companies That Could Be New York’s Next Billion-Dollar Exit” Business InsiderMay 31, 2013Two Stratim Portfolio Companies Yodle & Covario are named as the fastest growing companies in North America on the Deloitte 2013 Technology Fast 500 DeloitteNovember 13, 2013Reaches 10 Million Graphical Digital Tags Globally Business WireSeptember 29, 2015Named to Deloitte’s Technology Fast 500 for the Third Consecutive Year Market WiredNovember 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.
