The Investing Edge
of Enterprise IT


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
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


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
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


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
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


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


22
Nov
2013

Acquisition is the New Innovation

This excerpt is taken from a post I wrote that was featured yesterday on Boston.com. I discuss legacy technology companies and how they are buying innovation today and in years to come. (L)ess than one in five global companies deems itself “very effective” at breakthrough innovation, according to a Bain Consulting survey. At current scale, it’s difficult for tech giants to grow faster than the
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


27
Sep
2013

Big Data is Big Hype, but Data Analytics Delivers

At Ascent, we have been focused on the growth of data analytics – or as we called it back in 2008, the ”Explosion of Data” – for close to a decade. In the early days we backed companies such as ZoomInfo, Cymfony (acq. by TNS) and Bizo that comb the web, collecting data to build professional profiles or understand customer sentiment
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


14
Aug
2013

Next B2B IT Forum – Data Analytics: Making It Real

We’ve long been excited at Ascent about the tremendous potential gains from the analysis of data and the complex business problems it can solve. And now I believe we’ve reached the point that organizations need to begin the shift toward data-driven decision making that can move the needle. But for many businesses, this shift is easier said than done. For
Read more…

  • Twitter
  • LinkedIn
  • Facebook
  • Google Plus


21
Jun
2013

Big Data: Love the Mission, Hate the Moniker

I enjoyed speaking on a big data panel at the E2 Conference on Wednesday in Boston, but the more I participate in these events, the more I agree that “big data” is a silly marketing term, a meaningless catch-all that provides answers to nothing. Perhaps it is needed to make a distinction from traditional data analytics – as people have
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