The Investing Edge
of Enterprise IT


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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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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Cloud 2
23
Feb
2016

The Combination of Cloud & Mobile and its Grip on B2B Automation – Part 1

Mention the words “cloud computing” to anyone outside the tech industry just five years ago and chances are you’d have been met with a blank stare. Today, everyone has some level of knowledge of the cloud, even if it’s just to understand that it’s where our smartphone stores our pictures. Cloud computing has come a LONG way since its birth
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10
Dec
2015

B2B IT Forum: How Cybersecurity is being handled today and a look ahead

With all companies now targets of cyber-attacks, and the average cost of a successful attack rising to $4 million, the demand for security talent is at an all-time high. But while cyber security jobs are up 74 percent in the last five years, more than 209,000 cyber security jobs in the U.S. are unfilled. To add to the complexity, this
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23
Nov
2015

Transforming E-commerce Marketing with Sidecar

I’m excited to announce Ascent’s newest portfolio company, Sidecar, the leader in programmatic, product-level advertising. We at Ascent have been active investors in the ad tech space with companies like Bizo (acquired by LinkedIn for $175M) and StartApp (Deloitte’s #1 fastest growing tech company in the US ). We’ve seen the power of advanced analytics delivering superior results, especially through
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11
Jun
2015

Welcome Peter Lee as CEO of Rapidminer

I’m thrilled today to welcome Peter Lee as the new CEO of RapidMiner. When we invested in RapidMiner in February of this year, we enthusiastically backed founder Ingo Mierswa and his vision to bring powerful, predictive analytics to the business analyst. Under Ingo’s leadership, the RapidMiner team developed the leading next generation predictive analytics platform (placed in the Leaders Quadrant
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09
Jun
2015

CloudLock Co-Founder and CEO, Gil Zimmermann Named EY Entrepreneur of the Year® in New England

We love when our partners succeed. And today, we’re very pleased to offer congratulations to our portfolio company CloudLock, the leading provider of cloud cybersecurity solutions, and highlight their exemplary award recognition in the last couple weeks. Yesterday, co-founder and CEO Gil Zimmermann, was publicly named as EY Entrepreneur of the Year in New England, recognizing his excellence and extraordinary
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08
Jan
2015

Why the Northeast is Best for Enterprise IT Investing

A recent look at 2015 innovations trends by IDC shows significant growth in nearly every area impacting enterprise IT – including cloud, big data and analytics, mobile and internet of things. In fact, cloud services, a hotbed of activity in 2014, will likely accelerate in 2015 with $118 billion in spending on the greater cloud ecosystem. As the topic rises
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Time to Adapt - Clock
16
Dec
2014

The new normal: Cloud, it’s not just early adopters anymore Part II

In our last blog post , we referenced an IDG study suggesting that in the past two years, the percentage of enterprises with either applications or infrastructure running in the cloud has gone from just 12 percent to an enormous 69 percent. This post will discuss why. Business Insider recently reported that a gigabyte’s worth of storage on a hard drive
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11
Dec
2014

The new normal: Cloud, it’s not just early adopters anymore: Part I

With last month’s sold out AWS re:Invent conference in Las Vegas and the jam-packed media frenzy around cloud industry announcements, it’s clear that “the cloud” continues to drive enormous PR and marketing spend. Conversations with IT decision makers across companies large and small, within many different industries, indicate that the level of adoption advanced significantly in 2014. Not only are
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