July 2020
This month’s update will contain two parts - the first will offer additional insight into some Fund IV restructuring underway, while the second part will address some of the content our portfolio companies are generating for their customers, partners, and the market as a whole.
PART I - Fund IV Restructuring
With the current restructuring of LP IV underway, we wanted to address some of the inbound questions from investors related to the circulation of various Docusign and LP Agreements.
Parallel Fund Structure
With the significant cash returns across Funds A, B, C, and SPV I over the last nine months, we have had a higher than anticipated demand for Limited Partnership interests in Janvest IV. Venture funds typically are exempt from a number of costly and time consuming SEC regulations in two ways:
A) They limit the total number of participating Accredited Investors (AI) in any given fund to 99
B) They work exclusively with Qualified Purchasers (QP), which are essentially institutional investors
Given that most of our pre-existing limited partners are Accredited Investors, the demand we have seen from those folks to participate in LP IV has pushed us north of the aforementioned 99 LP limit. Therefore, we have created two parallel Fund IV entities - one for QPs and one for AIs. These two entities are identical so that they can essentially function as one fund - each with the same terms, portfolio ownership, pro rata investments, and so forth. This is merely a compliance exercise and no single entity has any advantage over the other.
Management Fee
Through this restructuring, we are standardizing our management fee across all closes to be more in line with the market at 2% on committed capital.
PART II - Portfolio Company Content
Over the last few months our portfolio entrepreneurs, like their peers around the world, have worked tirelessly to meet the challenges of what seems to be a constantly evolving market. With this adaptation has come the need to be more communicative with their customers and partners on how they are continuing to deliver the highest quality solutions and services. That communication is being delivered through the production of pinpointed technical and business content on websites, blogs, and trade publications. This month we’d like to share some of the messaging our entrepreneurs and their teams are distributing.
We’d like to share some of that content with you to provide a firsthand look at some of the messaging coming out of the Janvest portfolio:
Altostra (Fund C and SPV III)
What does Altostra do? Altostra automates the maintenance enterprise Cloud infrastructure and in doing so, allows for software engineers to focus on what’s most important – writing code. Altostra’s target market is software developers and so their content is highly technical, yet important and so we’ve tried to include some layman’s terms to make their messaging more understandable:
July 14, 2020
Serverless Star of the Week - Gal Zabib, CEO of Altostra
LINK
July 1, 2020
Automating CloudWatch Logs Aggregation
(Translation: How companies can improve products by using their own data)
LINK
Atomation (Fund B and C )
What does Atomation do? Atomation is a smart Internet of Things (IoT) platform that connects previously unconnected utility infrastructure to the Cloud and provides corresponding data analytics.
April 24, 2020
Choosing the Right Internet of Things (IoT) Platform
https://blog.atomation.net/choosing-the-right-iot-platform
BioCatch (Funds A, B, C and SPVs I and II)
What does BioCatch do? BioCatch uses advanced behavioral biometric technology to build behavioral profiles of individuals in order to prevent fraudulent transactions within the financial services industry.
June 25, 2020
BioCatch now has over 150 million behavioral biometrics profiles
https://findbiometrics.com/biocatch-now-has-over-150-million-behavioral-biometric-profiles-062503/
June 17, 2020
Mark Elliot joins BioCatch as Chief Marketing Officer
https://www.helpnetsecurity.com/2020/06/17/biocatch-mark-elliot/
April 2, 2020
Tips for Fraud & Security Teams Working Remotely During COVID-19
https://www.biocatch.com/blog/tips-fraud-teams-remote-work-covid
Coralogix (Fund B and SPV III)
What does Coralogix do? Coralogix is one of the fastest growing companies in the Development Operations (DevOps) space. They allow for companies to stream their software code through Coralogix’s platform to identify problematic code that could lead to buggy software or security vulnerabilities down the road.
July 13, 2020
Modern development – Coralogix: What’s next for managed services?
https://www.computerweekly.com/blog/CW-Developer-Network/Modern-development-Coralogix-Whats-next-for-managed-services
June 15, 2020
Coralogix teams up with AWS Marketplace for Log Management
https://coralogix.com/log-analytics-blog/aws-marketplace/
Obsecure (Fund IV)
What does Obsecure do? Obsecure uses Intent Biometrics to provide notary-grade authentication for all digital actions performed in order to prevent fraud and identity theft
June 17, 2020
On the journey to digital trust? You might be on the wrong path
https://www.obsecure.io/post/on-the-journey-to-digital-trust-you-might-be-on-the-wrong-path
June 29, 2020
Second guessing your customers? Guess again.
https://www.obsecure.io/post/second-guessing-your-customers-guess-again
Rupert (Fund IV)
What does Rupert do? Rupert has created a backlog management solution for enterprise analysts dealing with an influx of data requests from business users throughout a given organization.
July 20, 2020
Dear Data Analysts, let’s talk about your backlog
LINK
Outgage (Fund C)
What does Outgage do? Outgage has developed a platform that allows for enterprise marketers to more effectively and efficiently execute B2B direct mail campaigns – a tactic that has seen a dramatic rise amongst mid-size to large companies in recent years.
July 8, 2020
Round Table Discussions: Networking & Connecting with the B2B Marketing Community
https://blog.outgage.co/round-table-discussions-b2b-marketing/
June 29, 2020
Bringing the Marketing Community Together: Job Board for B2B Marketers
https://blog.outgage.co/b2b-marketing-community-job-board/
Reposify (Fund C)
What does Reposify do? Reposify provides enterprises with an Attack Surface Management solution that maps in real-time a company’s known and unknown digital assets to identify potential vulnerabilities.
June 4, 2020
What Verizon’s 2020 Data Breach Investigations Report findings mean for your attack surface
https://blog.reposify.com/what-verizons-2020-dbir-findings-mean-for-your-attack-surface
May 26, 2020
Reposify study finds critical exposures and vulnerabilities in the attack surfaces of the world’s top banks
https://reposify.com/news/reposify-banking-report-2020
Simpo (Fund C and SPV III)
What does Simpo do? Simpo is a zero configuration onboarding and support platform that automatically trains enterprise workforces on how to utilize and get the most value out of new software.
May 2020
Case Study: Why Neat chose Simpo to drive user adoption and education
https://www.linkedin.com/company/simpoio/
