The Investing Edge
of Enterprise IT


23
Jun
2014

Video: Defining the Investing Edge of Enterprise IT

After 28 years and over 100 investments, we are as passionate as ever about our focus on early-stage enterprise IT venture investing and the continually changing landscape that creates new opportunities. We have created a brief video that captures the fundamentals of Ascent, and includes a few of the CEOs we have had the good fortune to work with discussing
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


Security
04
Apr
2014

Why the IT Security Market Needs to be Even Greater than $60 Billion

In recent posts we’ve discussed how the shift to the cloud, the explosion of mobile usage, and the massive growth in data will help drive the next wave of productivity and economic gains for companies. But these new technologies also dramatically shif the nature of where data is, how much there is, and how it is accessed, and therefore require
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


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
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


ascent photo
05
Dec
2013

Ascent Index: Cybersecurity

According to a new study this week, 41 percent of global organizations will increase their IT security budgets in 2014. The increased focus on securing corporate data and devices probably isn’t surprising to most industry onlookers, given the amount of media coverage we’ve seen recently around attacks on enterprises, not to mention Edward Snowden and the NSA. Still, the increasing
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


Turning off an alarm clock
21
Oct
2013

Enterprise IT Security: The Wake-Up Call is Getting Louder

I attended two local industry events recently that highlighted the substantial gap that exists between hackers’ abilities and the average corporation’s information security defenses. While we’ve been watching the security industry closely and work with several portfolio companies in this area, it’s nonetheless unsettling how far behind the average corporation is, and how daunting the chasm is between where they
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


13
May
2013

Financing News: PerspecSys and the Cloud Data Security Opportunity

Last week PerspecSys announced a new financing round that we participated in, alongside Paladin and Intel. We are very excited to be working with the team and our co-investors, and see tremendous potential for this company. Over the last 12 to 18 months, we have witnessed an almost seismic shift in the posture of large enterprise customers toward cloud-based applications. SaaS
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


safe lock
23
Apr
2013

Six Pre-Requisites for the New Wave of Enterprise IT Security Solutions

  Given that IT security is a $60 billion market, you might think that we have robust solutions for keeping enterprise networks and data protected. But you’d be wrong. In reality, better than 1 in 5 enterprises—and likely more—has been compromised. In the past few years, the number of cyber-breaches and the sophistication of the attacks have heightened dramatically. 250,000
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


01
Mar
2013

Announcing the Ascent Storify Page

While our singular focus at Ascent is enterprise IT, our portfolio spans a wide range of tech subcategories: Software & SaaS, Data & Analytics, Cloud Business Services, Mobility & Communications, Financial Services & Transaction Technology, and Security & Compliance. Each sector witnesses regular news and innovation, and each has numerous compelling stories.      To help facilitate telling those stories, we’ve created
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


11
Feb
2013

2012 a Year of Record Growth for V.i. Labs

Our portfolio company V.i. Labs recently issued a press release that highlighted the Company’s strong performance in 2012. See the release here.  We are very pleased with the Company’s performance and congratulate the management team for a strong year. Software piracy remains an enormous problem for software providers. According to estimates from multiple analysts, the annual commercial value of software
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


19
Nov
2012

Ascent Index: Cybersecurity

AT&T last week reported that cybersecurity was a billion dollar opportunity for the company, as attacks on its networks had doubled in the past four months. But it’s not just the telecommunications giant that hopes to seize on the cyber opportunity; many leading companies – be they Google, IBM, General Dynamics or countless others – have acquired information security vendors
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus