News

Mayfield Fund News: June 2012

Themes

Mayfield Fund Update

It has been a productive first half of 2012 at Mayfield Fund. Highlights include:

  • Entrepreneurs from 3 new companies have joined the family (SmartRecruiters/Jerome Ternynck, MOAT/Jonah and Noah Goodhart, and BranchOut/Rick Marini).
  • We also invested in two stealth mode companies.
  • Two portfolio companies were acquired (Quickoffice/Google, Red Beacon/Home Depot), the acquisition of one is pending (Global English/Pearson PLC), one received liquidity through a secondary sale (Fourcee in India), and one filed a confidential submission with the SEC for a planned IPO (SolarCity).
  • Several portfolio companies earned awards (the latest being Appcelerator which was named Always On Mobile Company of the Year) and Navin Chaddha and Tim Chang of our team were recognized as well (Chaddha and Chang as Forbes Midas Top Tech Investors & AlwaysOn Mobile Power Players and Chaddha as an AlwaysOn Cloud Power Player).
  • We continue to meet many audacious entrepreneurs who are forming companies that support our investment themes – cloud/SaaS, mobile, social, energytech, and big data. Please visit blog.mayfield.com for our views on these themes.
  • Consequently, despite the current uncertainty in global markets, we continue to be optimistic about the state of innovation and venture capital.

Wishing all our readers an enriching summer,

Mayfield Fund Team

 

In the News

Team

AlwaysOn

Navin Chaddha and Tim Chang Named AlwaysOn Mobile Power Players

Tim Chang

Tim Chang Receives Gamification Special Achievement Award

Navin Chaddha

VentureBeat Publishes Navin Chaddha's Views on Mobile Developer Pain Points

Robin Vasan

GigaOm Publishes Robin Vasan's Views on API-fication


Successes

Moat

Quickoffice Acquired by Google

Red Beacon

Redbeacon Acquired by Home Depot

GlobalEnglish

Pearson PLC to Acquire GlobalEnglish


Portfolio Momentum

Adchemy

Adchemy CEO Shares Forecast on Online Advertising Market

Alfresco

Alfresco Outlines Waves of Cloud Content Management

Appcelerator

Appcelerator Named AlwaysOn Mobile Company of the Year

BranchOut

BranchOut CEO Comments on Facebook IPO

Brighter

Brighter.com Special Report Helps Uninsured Stretch Their Healthcare Dollars

Cloud 9

Centrify’s Suite 2012 Featured as Product of the Week in NetworkWorld

Cloud9

Cloud9 CEO Discusses the Importance of Process

Couchbase

Couchbase Named to List of Startups to Bet Your Career On

Fixya

FixYa featured on Mashable’s List of Top 6 Apps You Don’t Want to Miss

Gigya

Gigya Raises $15.3 Million, Grows Revenue 3x Year Over Year

Healthtap

HealthTap Mobile App Re-Invigorates Healthcare

Marketo

Marketo Makes Award-Winning Waves

Moat

Moat Partners with 24/7 Media

Pano Logic

CA School District Goes Viral with Panologic Zero Client Desktops

Cloud9

PlayFirst brings Mall Stars™ to iPhone, iPad & iPod Touch

Poshmark

Passion for Poshmark Grows Among Users

Rubicon Project

Rubicon Project Acquires Mobsmith to Expand into Mobile Ad

ServiceMax

ServiceMax and Salesforce Partner on Field Service

SmartRecruiters

SmartRecruiters Tab Features Job Listings on Facebook

SolarCity

SolarCity and Bayer Healthcare Announce Berkeley's Largest Solar Installation

StoreSimple

StorSimple Teams Up with HP Cloud Services

Tagged

Tagged Leads Social Discovery Category

Tagged

Viralheat Sentiment API Catches Fire

Webroot

Webroot Takes Aim at Symantec

WideOrbit

WideOrbit Receives the Red Herring Top 100 Americas Award

Zenprise

Zenprise Positioned in Gartner Leaders Quadrant for Mobile Device Management

Zimride

Zimride Introduces Lyft Mobile Ridesharing App