“Rally Ventures does a better job of conveying our primary differentiator — which is our tech partner network that we leverage for our companies,” says General Partner Jeff Hinck.
Led by Hinck (MN) and Charles Beeler (CA), Rally Ventures also provided a portfolio update for 2014, during which the firm made ten investments (not counting follow on like Sport Ngin); three of which came via Hinck out of the Minnesota office:
- Elevate (MN), a SaaS application that allows retailers and restaurants immediate feedback from real customers in order to improve the customer experience
- Cloud Elements (CO), a cloud API integration service that enables SaaS application developers to rapidly deliver apps that connect seamlessly with other leading cloud services
- Kapta (CO), a cloud application that provides executives an easier way to communicate, align and track company initiatives and performance in real time
Rally invests exclusively in early-stage B2B technology companies, focusing on big data, cloud technologies, infrastructure software, mobility, IoT, SaaS, security, and storage. Hinck and Beeler have been co-investing since 1997 (Vesbridge, El Dorado), while successful exits of Minnesota-based startups include Compellent (acquired by Dell subsequent to IPO), Enstratius (acquired by Dell), NuSpeed (acquired by Cisco) and Sistina (acquired by Red Hat).