Garage Technology Ventures’ portfolio companies are among the most cutting-edge technology companies in the world. They have worked with us to effectively raise venture capital that has helped them build their businesses. As equity-holders in most of our clients, we have a long-term interest in their success. We deliver ongoing support in the areas of business development, human capital, and marketing to further ensure that our portfolio companies grow and prosper.

Recent Investments

STEP Labs
STEP Labs is a Silicon Valley-based acoustic software company whose technology produces crystal-clear voice communications even in the noisiest environments. STEP’s patented technology enables speech recognition and hands-free communication by using an understanding of the physics of sound wave propagation to isolate voice from ambient noise. This approach offers broad applicability to a wide range of wireless telecommunications and consumer electronic devices.

ThermoCeramix
ThermoCeramix is commercializing a revolutionary new “smart” electroresistive coating and heating technology. The Company is developing applications in the appliance, aerospace, automotive, semiconductor, medical, and molding industries.

D.light Design
D.light Design makes clean, affordable lighting and power solutions. Two billion people in the world currently live without access to electricity. They rely on kerosene and candles for their lighting needs. These sources of light are expensive, hazardous and polluting. D.light Design is committed to bringing light, safety and prosperity to millions of hardworking households. D.light Design’s vision is to improve the quality of light, the quality of life, and the quality of the atmosphere.

Packet Island
Packet Island has pioneered the development of award-winning SaaS-based solutions for managing converged media networks carrying voice, data, and video. The Company has introduced a VoIP micro-appliance, a plug-and-play device for monitoring and troubleshooting VoIP networks.

Vigilistics
Vigilistics provides configurable software for tracking, tracing, and analyzing process manufacturing for the dairy and food processing industry. Developed with global leaders in dairy and food manufacturing, the Vigilistics software provides auditable records that reduce product loss, improve energy use, and provide timely production data for ERP enterprise systems. Vigilistics aids in regulatory compliance through comprehensive traceback, especially in commingled processes.

ClearFuels Technology
ClearFuels Technology’s mission is to produce clear clean renewable fuels such as ethanol, methanol, hydrogen and synthetic gas from sustainable cellulosic biomass using advanced thermochemical technologies. ClearFuels’ initial focus is sugarcane, using bagasse and cane trash as a source of cellulosic biomass. Building biorefineries integrating thermochemical production of ethanol and syngas from cellulose with existing sugar mill and sugar fermentation facilities, ClearFuels will enable the production of more ethanol per acre of sugarcane with lower carbon dioxide emissions per gallon.

Cfares
Cfares.com harnesses the complexity of identifying more air travel options, to ensure that the lowest priced flights are chosen as often as possible. Consumers can see how much money they are saving because of the entire array of web markets, including wholesalers and Dynamically Priced Fares (DPE) from the Cfares technology.

Kaboodle
Kaboodle’s mission is to make it easy to collect, organize, and share information for shopping, travel or any other research. Kaboodle’s team has extensive experience building both large scale and consumer friendly applications. It is this mixture of expertise that benefits users. Kaboodle provides a very powerful engine that is extremely easy to use. Just one “click” and you have started your own Kaboodle page.

FilmLoop (acquired by Fabrik)
FilmLoop provides a Visual Communications Network that enables people to broadcast, find, and communicate using digital content. For businesses, FilmLoop is a real-time connection that extends brands direct to consumers’ PC desktops. For individuals, it’s a unique way to instantly express oneself, voice a perspective, or share images with friends, family, or the general public.

Simply Hired
Simply Hired is a vertical search engine company based in Silicon Valley that is building the largest online database of jobs on the planet. Their goal is to make finding jobs a simple yet effective and enjoyable journey.

Other Portfolio Companies

BusinessLayers (acquired by Netegrity which was acquired by Computer Associates)
Business Layers is the leading provider of provisioning solutions, which form the cornerstone of today’s Identity Management and Security initiatives. Netegrity Inc. (NASDQ: NETE) is a leading provider of security software solutions that securely manage identities and their access to enterprise information assets, letting business in while keeping risk out. Netegrity provides a comprehensive identity and access management product line for continuously evolving computing environments, including legacy, Web, and service-oriented architectures. Netegrity’s flexible, standards-based offerings increase security, reduce administrative costs and enable you to grow your business. Supported by a network of over 1200 trained integration consultants and 200 technology partners, Netegrity solutions are licensed to more than 300 million users at over 800 organizations worldwide, including more than half of the Fortune 100.

CaseStack
CaseStack is a logistics outsourcing provider that provides clients with all of the advantages that the largest corporations enjoy without the infrastructure investment. A company that taps into CaseStack’s Fortune 500-caliber logistics program has access to benefits normally enjoyed only by world-class competitors.

Claria
Claria Corporation is a leader in online behavioral marketing, serving tens of millions of consumers and more than 1000 Advertisers to date. Claria publishes advertising messages for top tier companies and agencies to consumers who are part of the GAIN Network, Claria’s network of tens of millions of consumers who agree to receive advertising based on their actual online behavior.

Digital Envoy
Digital Envoy was formed on a basic premise: to deliver new levels of intelligence about the vast online universe. In 1999, the company invented a new technology called geo-intelligence, which enables companies to uncover geographical information about online users based solely on their IP addresses. Their revolutionary technology has allowed countless businesses to move beyond the "borderless Internet" and leverage the power of IP-based decision making in their online endeavors.

Digital Fountain
Digital Fountain software optimizes the delivery of digital media over any network. The technology eliminates the common limitations associated with digital media distribution solutions over both private and public networks, maximizing customers’ existing infrastructure investments, and enabling expanded revenue opportunities. Digital Fountain technologies are used today by leading mobile carriers, IPTV providers, and national defense agencies throughout the world, and have been standardized by leading international standards bodies, including DVB, 3GPP, and IETF.

FutureTrade
FutureTrade provides electronic trading tools and services to institutional traders and hedge fund managers. The trading platform licensed by FutureTrade allows buy-side traders to react quickly to market information and movement, as well as manage their portfolio strategy as they monitor risk.

GuruNet Corporation (NASDQ: ANSW)
GuruNet (AMEX: GRU), develops and markets its GuruNet Answer Engine, which provides quick integrated reference answers instead of just search engine links.

Hoku Scientific (NASDQ: HOKU)
Hoku Scientific is a leading developer and provider of proprietary fuel cell solutions. They focus on innovative new component and system designs that offer breakthrough capability in the rapidly emerging fuel cell market. Hoku Scientific is dedicated to developing technologies that will establish fuel cells as the leading source of power in the transportation, stationary, and portable markets.

Immunix (acquired by Novell)
Immunix is a leading provider of Linux application security solutions. The Immunix SubDomain Host Application Security Suite is a set of unique security technologies that assures the integrity of servers by preventing hackers from exploiting software bugs to compromise critical business data. Immunix provides proactive protection for Linux programs and operating system services and eliminates the requirement for constant security patching, increasing infrastructure up time, and improving resource utilization and efficiency.

iNest (acquired by Lending Tree)
iNest, the country’s leading real estate broker specializing in newly constructed homes, has been putting buyers and builders together since 1997. iNest is a subsidiary of RealEstate.com, which is owned and operated by LendingTree, Inc. Through iNest, more than 9,000 buyers have found their homes and earned over $18.3 million in rebates. By working with iNest, new homebuyers save time, money and aggravation because of our exclusive offerings and patented program.

Innovative Robotics
Innovative Robotics provides class 1 equipment front-end module (EFEM) systems for 200 bridge tool and 300 mm wafer, mask, and small glass substrate platforms.

IP3 Networks (acquired by Second Rule)
IP3’s broadband subscriber management solution, NetAccess™, enables service providers to easily manage and control public access to the Internet by establishing a customized billing and authentication system. IP3 Networks meets the growing demand for high-performance, reliable and secure subscriber management solutions by developing a flexible architecture based on embedded Linux OS. Analysts estimate the market to be 1.4M establishments or a $2.75B market and IP3 has positioned itself as a market leader in this rapidly expanding market.

LeftHand Networks
LeftHand Networks pioneered the open iSCSI SAN market and is the only storage vendor to build enterprise-class SANs on industry-standard platforms. A key differentiator for LeftHand is its patented SAN/iQ storage clustering software. LeftHand’s SAN/iQ software turns standard servers like the HP ProLiant DL380 into scalable network storage ideal for primary storage, server consolidation, disaster recovery and campus SANs.

LeftHand leads the fastest growing segment of the storage industry with more than 4,000 systems sold and 6,000 terabytes of storage powered by SAN/iQ, as of October 2006. The company has strategic partnerships with Intel, HP and Microsoft, and many enterprise-class customers including Alcoa, Comcast, Pfizer, Time Warner and Verizon.

Media Publisher
Media Publisher Inc., (MPI) provides enterprise software that eliminates technical complexity and simplifies all phases of the rich media publishing and management process. Our products help large organizations remove IT as a process bottleneck while allowing IT to maintain control of their infrastructure and enabling even non-technical employees to fully utilize rich media publishing and management tools.

Miasolé
Miasolé technology revolutionizes solar cell manufacturing. Leveraging our deep expertise in the manufacturing of computer hard drives, our proprietary process allows us to create thin-film solar cells at lower cost, higher quality, greater efficiency, and using far more environmentally friendly processes.

The Motley Fool
The Motley Fool’s mission is to educate, enrich and amuse individual investors around the world.

NetConversions (acquired by aQuantive which was acquired by Microsoft)
NetConversions is the leading provider of website usability and optimization solutions. NetConversions operates as part of Atlas DMT. NetConversions was founded on the belief that all organizations need to provide the most usable online experience to maximize their website performance. The organizations that possess the best information, such as ISI (Interactive Scrolling Index) and Click Density, will make better decisions to optimize success rates.

NovaCentrix
NovaCentrix provides custom engineered nanopowders specifically designed to solve the unique problems of our customers, adding significant value to their products. With a growing number of applications, the demand for custom-designed nanopowders is increasing. At NovaCentrix, we are experts at meeting the demand for unique particles with defined particle size, crystallinity, and morphology, resulting in superior end-product performance.

Pandora (formerly SavageBeast)
Pandora is the leader in music navigation and recommendation technology -- a powerful, must-have functionality for all businesses that offer music to consumers. Pandora’s systems, powered by a proprietary database known as the Music Genome Project, enables consumers to easily find music they will want to purchase or play. By leveraging the wealth of musicological information stored in the Music Genome Project, Pandora’s technology can be highly responsive to each user, and provide an unparalleled degree of personalization.

PhatNoise
PhatNoise is working with leading car companies, consumer electronics companies, Tier I automotive suppliers, component makers and content providers on a wide range of products, features, and exciting possibilities.a whole new driving experience, powered by PhatNoise. The PhatNoise Car Audio System has made that simple goal a proven reality. Our integrated suite of software, hardware, connectivity and media technologies opens up the car to the digital world, and our products have won praise from the press, the industry, and most importantly, our users.

Psionic (acquired by Cisco)
Psionic develops network security software that increases the efficiency of intrusion detection systems (IDS) by reducing false alarms by up to 95 percent.

PureSight
PureSight, Inc. is the leading provider of advanced content recognition and management solutions for mobile operators and Enterprise markets. PureSight’s proprietary Advanced Content Recognition (ACR) technology, dynamically analyzes and classifies Internet content in real-time to ensure complete coverage of the constantly changing Internet environment.

Razz
Razz is a mobile entertainment and technology company focused on developing creative, cutting-edge software products and services for mobile phones and handhelds. Razz debut technology, the patent-pending RAZZ™, enables people to inject sound bites into live conversations, outgoing messages, photo messages, and voicemails.

Sapias
Sapias delivers advanced web-enabled solutions for managing enterprise fleets: improving productivity, security, operating efficiency, and customer satisfaction. Our patented technologies transform real-time location-based data into business intelligence. The Sapias solution: Supplies data to your existing applications, to third-party software application providers, and to partners you specify; Delivers customizable real time event notification; Provides route and schedule monitoring; Integrates easily with existing applications; Offers multi-protocol/network support, delivering the most comprehensive solutions available.

SignaCert
SignaCert delivers independent IT controls that provide a deeper understanding to enterprise systems and prove applications are deployed as intended. The company’s Enterprise Trust Server product enables business and government to measure, validate, and maintain the state of their technology infrastructure using a device-independent proactive approach that checks the operating system, applications, platforms and other software against a known trusted reference. This independent monitoring increases the security and availability of critical IT infrastructure and fulfills critical compliance and auditing requirements.

Tripwire
Tripwire is the leading provider of Change Auditing software. They create software which reduces operational risk and ensures the security and availability of your networks. By establishing a baseline of data in its desired state, and detecting and reporting changes to that baseline, Tripwire ensures rapid discovery and remediation when an undesired change occurs. This results in stretched IT staffs gaining increased visibility and control over change and establish a foundation for stable IT operations and systems security.

u-Nav Microelectronics
u-Nav is a fabless semiconductor company developing GPS chipsets and software for the mobile location based services market. u-Nav’s technology delivers ultra-low power at low cost with state of the art performance to enable operation indoors and in urban canyons. With the smallest footprint available, the easy-to-integrate GPS chipset is targeted for battery powered mobile applications.

Virtualis (acqured by Allegiance Telecom)
Virtualis provided a unique blend of software and hosting that allows the small business owner to manage their Internet presence without outsourcing.

VisaNow
VisaNow.com prepares and submits applications for visas, permanent residence, and citizenship to the U.S. Immigration and Naturalization Service/Bureau of Citizenship and Immigration Services and other governmental agencies related to the movement of foreign persons into the United States.

WebOrder (acquired by Netopia which was acquired by Motorola)
WebOrder provided a small business solution to quickly enable ecommerce on their web site. Netopia enables carriers and service providers to improve their profitability with expanded broadband service offerings focused on the needs of distributed, small and medium enterprises, small office/home office professionals, and residential subscribers.

WhiteHat Security
WhiteHat Security is a leading provider of website vulnerability management services. WhiteHat delivers turnkey solutions that enable companies to secure valuable customer data, comply with industry standards and maintain brand integrity. WhiteHat Sentinel, the company’s flagship service, is the only solution that incorporates expert analysis and industry-leading technology to provide unparalleled coverage to protect critical data from attacks.

Xora
Xora GPS TimeTrack provides a simple, inexpensive way for businesses to track employee location, record shift times and breaks, and capture job/work order information from a GPS-enabled mobile phone.