December 2004
- Savage Beast Technologies raised $8.8 million and was featured in the Boston Globe, San Francisco Chronicle and Dow Jones' Venture Wire.
- NextHop announced that it has increased its funding, bringing the total amount raised to date to $24.5 million. The most recent financing was led by Duchossois Technology Partners, and included all of the previous investment partners: New Enterprise Associates, Labrador Ventures, and Parker Price Venture Capital. This financing, along with the acquisition of Legra Systems’ wireless capabilities, are keys to helping them increase their market share over the next several quarters.
November 2004
- Traverse Networks Wins Innovation Award at IBD Networks Under the Radar showcase hosted by Microsoft.
- TeraBurst™ Networks, Inc. announced commercial deployments of its V2D (video-to-data) platform to large enterprises and government customers.
October 2004
- OnAir Entertainment featured in PC Magazine article "Easy Wait at gate 58".
- Labrador’s Larry Kubal participated in a brainstorming session for the upcoming 2005 Stanford Graduate School of Business Conference on Entrepreneurship co-sponsored by the Center for Entrepreneurial Studies (CES).
- Aperto Networks appoints wireless industry luminary Rod Nelson to its Board of Directors.
- Labrador invested $2,500,000 in Traverse Networks as part of a $8,500,000 Series B financing. Existing investors Lightspeed Venture Partners and Foundation Capital also participated in the financing.
September 2004
- OnAir showcased its wireless live satellite TV services at the 6th Annual DEMOmobile Conference and was featured in the New York Daily News, San Jose Mercury News, MSNBC.com and Forbes.com.
- Everyone.net announced enhancements to its private label email program, including the addition of new billing automation tools and Spanish-language email interface to customers.
- Aperto Networks announced the appointment of Allen Adolph as vice president of operations.
- Labrador's Larry Kubal spoke on a panel titled "What's it Going to Take to Raise a VC Fund in 2005-- What Veterans and Emerging Managers Need to Know" at the Private Equity Analyst Conference in New York.
- Labrador's Larry Kubal led a roundtable, "How Will Investing in Early Stage Companies Provide Returns for Investors?" at the Private Equity Analyst Conference in New York.
- Aperto Networks deployed its PacketWave® 5 GHz point-to-multipoint systems in the Douglas Fast Net Network (DFN) of Oregon, a utility that has built carrier-class fiber and wireless networks throughout the mountainous terrain of Douglas County, Oregon.
- NextHop expanded its marketing team with the addition of a new director of technical marketing and a new director of product management.
- Labrador's Sean Foote teaches a Fall 2004 course on Venture Capital and Entrepreneurship at the University of California Berkeley, Haas School of Business.
- Savage Beast Technologies rolled out its music discovery pilot program with Borders Books in Kansas City, Missouri on September 16, 2004.
- Everyone.net, a global provider of integrated hosted email services, announced the appointment of a new President and CEO, Mr. Michael Rose, on September 15, 2004.
- Labrador's Sean Foote spoke as a panelist at the VC Task Force's September 30, 2004 event titled "Profitable Business Models: 2004."
- Labrador's Larry Kubal spoke as a panelist at the SVASE/PWC Money Tree Mid Year Update on Emerging Trends in Venture Financing on September 9, 2004.
- Labrador's Sean Foote participated in Pillsbury Winthrop's "Back Stage Pass" Investor Presentation Practice Session on September 23, 2004 with representatives from Allegis Capital,Walden VC, Onset Ventures, Hummer Winblad, Woodside Fund, Battery Ventures, Lightspeed, Sequoia Capital, Telesoft, AlloyVentures, Trinity Ventures, Canaan Partners, and Mohr Davidow.
August 2004
- BlueStar Solutions was acquired in a cash transaction for approximately $73 million on August 26, 2004 by Affiliated Computer Services, Inc., (NYSE: ACS), a provider of business process and information technology outsourcing solutions. This acquisition allows Affiliated Computer Services to expand its IT outsourcing capabilities in the enterprise resource planning market.
- Larry Kubal participated in a VentureCircle breakfast roundtable briefing hosted by VentureOne and Silicon Valley Bank.
- NextHop enables non-stop forwarding through network clustering support with GateD NGC 2.3 and FTS Manager 1.0 Software.
- NextHop’s CTO and Founder Sue Hares was named one of the “Top Michigan Women in Computing.”
- Labrador Ventures was selected as one of the "Most Active Venture Capital Firms" in 2003 by the Silicon Valley/San Jose Business Journal.
- PricewaterhouseCoopers ranked Labrador Ventures a top venture capital firm for entrepreneurs in Entrepreneur Magazine's VC 100 for 2004.
July 2004
- Aperto Networks announced that France Telecom is using its PacketWave® systems for the 91st Tour de France 2004 bicycle road race.
- NextHop and Enea Embedded Technology partner to provide high-capacity, integrated embedded platform for routing and switching platforms.
- Business Week cited Labrador Ventures as a longtime specialist in the field of early-stage finance in a July 19, 2004 article titled "Fresh Seed In The Valley."
- Savage Beast appointed new CEO, Joe Kennedy, former President of E-Loan, Inc.
- Labrador's Larry Kubal spoke on a panel titled "Syndicating Deals" sponsored by the VC TaskForce on July 15, 2004.
- Labrador, in conjunction with Sevin Rosen and TPG Ventures, supported GreenBorder Technologies, Inc. with a $6 million series C financing.
June 2004
- Aperto Networks announced on June 2, 2004 that France Telecom R&D launched a pilot broadband wireless access network in France, using Aperto Networks' 802.16-class 3.5 GHz licensed frequency PacketWave systems.
- OnAir appoints new CEO, Rand Bleimeister.
- Proficient Systems Shows Banks How To Better Monetize Their Web Presence At Forrester Finance Forum June 2004.
- Labrador's Sean Foote participated on a panel at the International Business Forum Conference on June 10, 2004 in San Francisco. Mr. Foote was joined by representatives from Woodside Fund, Crescendo Ventures, Gemini Ventures, Blueprint Ventures, Fidelity Ventures and InterWest Partners.
May 2004
- Labrador Ventures co-led Integrated Materials, Inc. (IMI) $8.5 million financing with a $2.6 million investment. Alloy Ventures and Rocket Ventures were the other major investors in the financing.
- NextHop Technologies Named To Red Herring and Always On Top 100 Private Company Lists.
- Labrador Ventures led a $4.3 million Series A financing in Eoplex Technologies Inc., a manufacturing of miniature electronic components and subassemblies. Draper Fischer Jurvetson and Draper-Richards also participated in the financing.
- Labrador's Larry Kubal spoke on a panel titled "Q1 2004 Shaking the MoneyTree" on May 12, 2004 sponsored by PricewaterhouseCoopers and Silicon Valley Bank.
- NextHop was selected as a Red Herring 100 Company. The selection process is long and rigorous and includes evaluating business models, analyzing profitability forecasts, assessing management teams and examining technology. All Red Herring 100 firms will have the opportunity to present their company at Red Herring Spring, May 18-20 in Monterey.
April 2004
- Labrador Ventures sponsored Stanford's Graduate School of Business Annual SMIF Carnival on Friday, April 23, 2004.
- Labrador Ventures V invested $2 million in Savage Beast Technologies in the first quarter 2004. Walden VC also participated in the Series A round. Savage Beast Technologies provides music navigation and recommendation software in which the search is based on the music itself and driven entirely by the unique tastes of each individual.
- NextHop Technologies announced that it added $4 million in funding, bringing the total amount raised to date to $18 million. The new financing included all of NextHop's current investment partners: Labrador Ventures, New Enterprise Associates, and Parker Price Venture Capital.
- ezboard named Robert Labatt at CEO of the Company in the first quarter 2004. Prior to joining ezboard, Labatt was a Research Director at the Gartner Group where he worked with the B2C online retail sector and the emerging Web Services area.
- Silverpop named Elaine O'Gorman as Vice President of Strategy for its Global 1000 customers. Gorman brings 11 years email marketing experience with Fortune 100 companies, including Kraft Foods and most recently, American Airlines.
- Aperto announced on April 7, 2004 that its WiMAX-class network has been deployed in Chicago.
- Aperto Networks presented at the Broadband Wireless Investor Forum hosted by Prudential Equity Group in New York on April 1, 2004.
March 2004
- Aperto was named among the top wireless start-ups of 2004 by Fiercewireless.
- Labrador Ventures Announces Joe Jennings as Entrepreneur in Residence.
- Aperto Networks announced on March 8, 2004 a $20 million Series D financing round, led by JK&B Capital and with participation from Aperto investors including Canaan Partners, Alliance Ventures, Innovacom, Tyco Ventures, Labrador Ventures, and Satwik Ventures. This funding brings the company's total financial backing to $77 million. Aperto will use the Series D funds to expand its sales initiatives, further develop its technology portfolio to complete certification of 802.16/WiMAX-compliant products, and increase support for Aperto's global customers, which number over 120 service providers in over 40 countries.
- Labrador's Stuart Davidson attended the European Private Equity and Venture Capital Association Investor's Conference on March 10 and 11 in Geneva, Switzerland.
- Labrador's Sean Foote spoke on a panel titled "Building New Enterprises with Government Funded Research" at the World's Best Technologies Showcase on Monday, March 22, 2004 in Arlington, Texas.
- Labrador's Larry Kubal moderated a panel titled "What Start-ups Need to do to Avoid Common Mistakes and Thrive" at the VentureOne Summit on Wednesday, March 31, 2004 in San Francisco. Panelists include: Gary Rieschel, Mobius Venture Capital; Tom Byers, Professor Stanford University; Andrea Baptiste, President & CEO of Arteus Systems and David Helfrich, Garnett & Helfrich Capital.
February 2004
- Labrador Ventures hosted a Mardi Gras Party for the Silicon Valley Venture Capital community on Tuesday, February 24.
- "Labrador Ventures closes its fifth fund." Article in the Private Equity Analyst February 2004 newsletter.
- "Labrador gathers $90 million for seed-stage investments." Article appeared in the Silicon Valley/San Jose Business Journal on February 2, 2004.
January 2004
- Aperto Networks' Chairman and CEO, Dr. Reza Ahy, addressed the Annual Wireless Communications Association (WCA) Techincal Symposium on January 20, 2004 with a speach titled "WiMAX Network Architecture, Backhaul, and Traffic Management Innovations." Aperto and two of its service providers also participated on several panels throughout the conference.
