The Investing Edge
of Enterprise IT


Promoboxx
20
Sep
2016

Why we invested in Promoboxx

Last week we announced our participation in a new round of funding for Boston-based Promoboxx. We found the team’s deep industry knowledge and focus, combined with the sizeable opportunity in front of them, to be very compelling. What further differentiates Promoboxx is its impressive success generated from only a modest seed round of capital and organic revenue growth. We are
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Boston
08
Sep
2016

Four reasons why more foreign startups are moving to the Northeast

For more than 30 years, we have been laser focused on investing in early stage business technology in the northeast U.S. because we believe an ideal combination of factors exist: B2B tech has the potential for capital efficient and rapid growth which fits the venture model well, the competition is lower than the west coast, and, perhaps most importantly, the
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IRONMAN
25
Aug
2016

Congratulations are in order…

While most of us have spent the summer enjoying the beach and maybe a few too many meals al fresco, our VP of Finance, Tom Scanlon, has qualified to race at the IRONMAN World Championship in Kailua-Kona, HI this fall. Having completed four marathons, more than a dozen half-IRONMAN triathlons, and three IRONMANS, Tom finished the most recent in just
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Codeship logo 1
26
Jul
2016

Why We Invested in Codeship

I’m thrilled to announce Ascent’s newest portfolio company, Codeship, a leader in continuous integration and continuous delivery. The company offers a cloud-based platform for developers to automate the laborious process of testing and deploying software updates quickly, reliably and securely. Codeship is 100% SaaS-based, providing the ease of trial and ease of use that is demanded by today’s leading developers.
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28
Jun
2016

Cisco announces its intent to acquire Ascent VC Portfolio Company CloudLock

This is an exciting day as Cisco announced its intent to acquire our portfolio company CloudLock (read more here). It’s a story that warrants celebration, especially in the Boston-area, where it is another example of Massachusetts’ global leadership in the IT security ecosystem. Since its founding in 2011, CloudLock has grown to be at the forefront of the cloud security sector,
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B2B IT Forum Machine Learning 6.21.16
23
Jun
2016

Ascent B2B IT Forum – Machine Learning: How Artificial Intelligence is Invading the Enterprise

There’s no denying that machine learning and artificial intelligence (AI) are invading the enterprise at warp speed. Almost every industry is affected by the technology, and the innovation it inspires is fascinating. According to Gartner, machine learning is one of the top 10 strategic technology trends for 2016. Most of us are already — often unwittingly — interfacing with the
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Pwnie Express Logo
11
May
2016

Newest Investment: Pwnie Express – Next Generation Wireless Security

At Ascent, we have been investing in IT security for decades. As technology platforms shift, security solutions must both shift with them as well as rise to meet a more severe threat landscape posed by today’s sophisticated cyber criminals and nation-state sponsored hackers. As recent RSA conferences have shown, the challenge – and opportunity – posed by IT security has
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Ascent Event image
03
May
2016

Machine Learning – How Artificial Intelligence is Invading the Enterprise

Machine learning, a method of data analysis that automates analytical model building, is at the top of the “hype curve” for emerging technologies and is one of the top 10 strategic technology trends for 2016, according to Gartner. It’s safe to say that most of us are already interacting with machine learning applications on a daily basis whether it’s Apple’s
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Internet of Things (IoT) word on wood floor with doodle icon on blackboard wall,Technology Concept Design.
08
Apr
2016

National IoT Day – Challenges the Internet of Things Currently Faces

It’s amazing how much the Internet of Things (IoT) has grown from a trending topic to actual technology over the past few years. In fact, according to Gartner, 43 percent of businesses are planning to adopt IoT technology by the end of 2016. So in honor of National IoT Day on April 9, we are taking a moment to look
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People connecting and sharing social media, view from the top
22
Mar
2016

The Combination of Cloud & Mobile and its Grip on B2B Automation – Part 2

We’ve established that the synergy between Cloud and mobile is both powerful and undeniable (as outlined in Part 1). We are not alone in this assertion. Earlier this month at Mobile World Congress in Barcelona, technology behemoths Samsung and Oracle announced a partnership to help companies make use of their existing systems in the cloud. The goal is to enable
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