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Luke Burns

Luke Burns has 22 post(s) at Ascent Venture Partners


18
Feb
2015

Democratizing Analytics with RapidMiner

Today I’m happy to announce Ascent’s newest portfolio company, RapidMiner. In leading the $15M Series B financing of RapidMiner, we are following through on an investment theme I’ve been pursuing for several years – bringing advanced analytics to the business analyst. As we’ve all seen, there’s been tremendous hype around big data, but unfortunately many companies have been left disappointed
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B2B IT Forum 10.14.14
17
Oct
2014

Want to change the world? ‘Secure’ the Next Killer App in IoT

“What’s the next killer app in the Internet of Things?” It was the first of many topics of discussion at the Ascent B2B IT Forum in Cambridge on Tuesday night. In front of a packed house of nearly 200 attendees, panelists at “From Industry 4.0 to iWatch: The Internet of Things” suggested several groundbreaking ideas that might be in the
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ascent strategy photo for blog
14
Sep
2014

Announcing the October B2B IT Forum on the Internet of Things

Industry analysts have predicted 26 billion devices will be connected to the internet by 2020, creating a several trillion dollar market in Internet of Things (IoT) goods and services. With claims that this sector could usher in the Fourth Industrial Revolution, it’s important to look beyond the hype and better define the opportunities and challenges presented by IoT. The widespread
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Planting Seeds
03
Sep
2014

Startup Success in Every Stage of Growth – Seed Stage

First of a three-part series from Luke Burns, offering observations on what makes a successful startup at every stage of growth. There might not be a better time to be an entrepreneur on the East Coast. Massachusetts companies raised over $1 billion (over 100 deals) in venture capital in Q2 of 2014, the state’s highest in three years, according to
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Bitcoin image
08
Aug
2014

The Real Deal Surrounding Digital Currency

Last week, I attended the Digital Currencies Conference in NYC. Organized by American Banker, it’s a good conference to dig-in to digital currency as it has a more realistic bent and a good representation from banks and government regulators. Think less ‘Bitcoin bravado’ and more real details of how the underlying technologies could be integrated into the global financial system,
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VentureFizz logo2
11
Jul
2014

Three Keys for Graduating Entrepreneurs

As we enter the middle of summer, new college graduates are setting out to change the world with their innovative ideas.  The National Center for Education Statistics (NCES) projects 1,606,000 students at the bachelor’s degree level will graduate as the college Class of 2014. This year many of those students will choose to start their own companies, as entrepreneurship has
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TiECON East logo
12
Jun
2014

Observations from TiECON East 2014

I attended TiECON East 2014 last month in Cambridge, and had the opportunity to speak on the Internet of Things (IoT) panel. TiECON East bills itself as the largest startup conference on the East Coast, and this year drew a crowd of more than 500 entrepreneurs. The IoT panel was an enjoyable and informative discussion; here are a few takeaways
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iotmay
21
May
2014

Ascent Index: Internet of Things (IoT)

Even though the concept of the Internet of Things (IoT) was introduced in 1999 by Kevin Ashton, only relatively recently has it gained significant footholds both culturally and professionally. But make no mistake: IoT has enormous potential, with Cisco suggesting the market opportunity for the next decade is north of $14 trillion. It seems an ideal time to use the
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Landmark CIO Summit 2014
11
Apr
2014

Observations from the Landmark CIO Summit 2014

On Wednesday I attended the Landmark CIO Summit 2014 in New York City. With hundreds of attendees – including CEOs, CIOs, and other senior technology executives – and 49 speakers, there was certainly a lot to talk about.  And due to the private, invitation-only format of the summit, attendees were able to engage in candid discussions and debates. Overall, it was
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cloudlock-founders
31
Jan
2014

CloudLock’s Momentum Grows – This Week’s Series C Financing

We are very pleased to have participated in another financing round for CloudLock, which on Wednesday announced a $16.5 M Series C. Launched in 2011, CloudLock now protects millions of end-users across a wide range of organizations. They were a pioneer of cloud security and we saw the promise of their vision when we led the Company’s Series B in
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