Tag Archives: Florida

BPV Portfolio Company API Acquired by Upland Software

May 19, 2016

AUSTIN, Texas, April 27, 2016 /PRNewswire/ — Upland Software, Inc. (UPLD), a leader in cloud-based Enterprise Work Management software, today announced that it has acquired Advanced Processing & Imaging (API), a highly effective content management platform driving workflow in governments and schools across North America. API will be combined with Upland’s enterprise workflow automation solution, FileBound, to create the industry’s most powerful workflow automation and document management platform. Workflow automation … Continue reading

Florida Basks in a Texas-Style Resurgence

March 14, 2016

In case you missed it in last weekend’s Wall Street Journal, Florida is now “the showcase of America’s red-state prosperity.”  Hit especially hard by the collapse of real estate values in the last recession, the state… (C)ut a variety of taxes, including those on businesses and property, no small feat in a state without an income tax. [The state government] also slashed 3,000 regulations and shrunk state payrolls by 11,000. The … Continue reading

BPV announces two new growth equity investments

January 27, 2016

PowerChord – St. Petersburg, FL Provider of digital brand management software and services – Ballast Point Ventures has led a $10 million equity investment in PowerChord, Inc. Founded in 2001, PowerChord, Inc. provides a suite of internet brand management and digital marketing services for major brands and their dealer networks in the United States and Europe. PowerChord’s Software-as-a-Service offering allows major brands to maintain brand consistency down to the local dealer level. … Continue reading

PDMS-BPV relationship featured at Florida Venture Forum Boot Camp

October 16, 2015

Yesterday at the Florida Venture Forum Boot camp event at the Citrus Club in Orlando, Josh Brown (PowerDMS CEO), Cathy McKenna (PowerDMS’s auditor for Vestal and Wiler), Jeremy Sloane (PowerDMS’s counsel from law firm Sloane and Johnson), and I had a chance to do a panel discussion moderated by Steve Castino of Vestal and Wiler on the topic of Ballast Point’s investment in PowerDMS in April of 2014 and lessons … Continue reading

PowerDMS named one of Florida’s best companies

July 28, 2015

For the 2nd year in a row our portfolio company PowerDMS has been named one of Florida’s best mid-sized companies by Florida Trend magazine. (They’re up to #3 this year.) The news comes on the heels of May’s news that the company had been named one of Central Florida’s 2015 Best Places to Work by Nebraska-based Quantum Workplace, and June’s big event: the company’s relocation to the Church Street Exchange Building as an anchor … Continue reading

See you next month in Orlando

December 12, 2013

If you are an entrepreneur or part of the “hodge-podge of scientists, institutions, and funding” that make up our state’s entrepreneurial ecosystem, please join us at the 2014 Florida Venture Capital Conference.  On January 28 & 29, hundreds of venture capitalists and private equity investors from across the U.S. and the world will be at the Hyatt Regency Orlando to listen to some of the most dynamic high-growth companies in … Continue reading

Tower Cloud named to Inc. 500 List of Fastest-Growing Private Companies

October 24, 2013

With 3-Year Sales Growth of 964%, the BPV portfolio company ranked #478 on the 2013 Inc. 500 List of America’s Fastest-Growing Private Companies. The 2013 Inc. 500, unveiled in the September issue of Inc., is the most competitive crop in the list’s history.  To make the cut, companies had to have achieved a staggering minimum of 918.59% in sales growth.   “We are honored to be recognized by the 2013 … Continue reading

The promise of personalized cancer treatment, part II

August 13, 2013

Today’s Wall Street Journal includes a story about the dramatic genetic breakthroughs that are revolutionizing cancer treatment. (The promise of personalized cancer treatment, part I, can be found here.) One of our portfolio companies, MolecularMD, provides highly validated, standardized pharmacogenomic tests that support regulatory approval and clinical adoption of targeted, personalized oncology.  Several of their assays help to identify a subset of the EGFR mutations mentioned in the story. MolecularMD was founded by CEO … Continue reading

Rise of the high-tech South, cont.

July 16, 2013

The Private Equity Growth Capital Council (PEGCC) reports that Texas received the most private equity investment in U.S. based companies in 2012: $46.6 billion in growth equity and venture capital invested in 222 companies.  (Florida ranked 4th in companies and 5th in dollars invested: 115 companies and $17.3 billion.) This is the latest confirmation of “the gradual but inexorable geographic spread of the start-up ethos throughout the country” we wrote of … Continue reading

UF incubator named 2013 Incubator of the Year

April 12, 2013

Congratulations to David Day, his team at UF’s Office of Technology Licensing, and the University of Florida on being named the 2013 Incubator of the Year, besting much larger competition from all around the globe.  The university’s OTL, Innovation Hub and incubator are vital parts of the hodge-podge of scientists, institutions and funding that make up Florida’s entrepreneurial ecosystem. We provide a few excerpts from the story below.  Click here … Continue reading

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