March 2014
Portfolio Monitor
Dear Longworth Friend,
 
In the midst of March Madness we wanted to update you on some of the recent activities at Longworth.
New Investments


Olapic is a SaaS technology platform that helps brands and retailers increase sales by integrating customer photos and videos into the ecommerce experience. We led Olapic's Series A round.



PatientRoute Systems provides software to improve patient outcomes, increase throughput, optimize resource utilization and reduce waste in hospital environments. We participated in PatientRoute's seed round.
Follow-on Financings

uTest Logo 1

uTest raised a $43 million Series E round led by Goldman Sachs. uTest is the world's largest provider of in-the-wild testing for mobile, web and desktop apps. 
NuoDB
 
NuoDB, the new-SQL operational database for the cloud, raised a $14 million strategic round led by Dassault Systemes.


Mobiquity Logo
 
Mobiquity raised a $12 million Series B round led by NewSpring Growth Capital. Mobiquity provides innovative enterprise mobile solutions that change behavior and business. 



Swirl

Swirl, the end-to-end mobile marketing platform that enables retailers to engage with consumers where and when it matters most - while they shop, raised an $8 million Series B round led by Hearst Ventures.
Exits

Velobit

VeloBit, a leader in storage I/O optimization software, was acquired by Western Digital.

Varolii was acquired by Nuance Communications. Varolii provides on-demand proactive outbound communications software. 

Creative Market

Creative Market was acquired by Autodesk. Creative Market is a marketplace for digitally-designed content.
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About Longworth 

Longworth Venture Partners, a Boston based venture firm, invests in early stage Internet, digital media and software companies.

 

Founded in 1999, Longworth leverages the deep operating experience of its principals and its market-driven research process to identify and help grow the leading companies of tomorrow.

In This Issue
New Investments
Follow-on Financings
Exits
Featured Portfolio Companies 

Olapic

PatientRoute

uTest

NuoDB

Mobiquity

Swirl

VeloBit

Varolii

Creative Market

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