Quest Software Acquires VKernel
In November 2011, VKernel was acquired by Quest Software, a publicly traded provider of enterprise systems management software products. We first invested in VKernel in April 2009, leading the Series B round, when the Company had less than a million in TTM revenue. With strong management and sales execution, the Company grew 10x in less than three years to become a leader in the virtual server tools space. We are excited with the outcome of VKernel and congratulate CEO Doug McNary and the entire VKernel team.
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uTest Raises Successful Follow-on Round
With 250% year over year revenue growth since 2008 and a large market opportunity fueled by the many apps being written for platforms like the iPhone, iPad, Android, Salesforce.com and others, uTest closed on a successful $17 million Series D round led by new investor QuestmarkPartners. Longworth and other existing investors participated in this round, which was at a sharp increase in value from the prior round. Longworth previously led uTest's first institutional round of financing in 2008.
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Mobiquity - a Hot Startup To Watch in 2012
Since its founding in early 2011 when Longworth led its Series A round, Mobiquity has grown to be the mobile services leader designing, building, deploying and managing enterprise-class mobile solutions.
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PowerInbox highlighted on TechCrunch
PowerInbox - the Company that brings the interactivity of apps directly into your email - was recently highlighted by TechCrunch. Imagine commenting on a Facebook post, changing your seat assignment on your next airline flight, re-bidding in an eBay auction, and now responding to Google+ notifications - all inside your email. PowerInbox is the solution and it's free to download.
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