Navigating Venture

PowerDMS Named to Inc. 5000 List for 6th Consecutive Year

Posted August 19th, 2016 by PowerDMS Orlando, Fla. (August 19, 2016) – PowerDMS, the leading cloud-based policy and procedure management software company, has been named to the Inc. 5000 list of fastest growing privately-held U.S. companies. This marks the sixth consecutive year PowerDMS has made the list. “I’m humbled to be recognized alongside America’s most successful companies,” said Josh Brown, PowerDMS founder and CEO. “Our team is passionate about providing … Continue reading

Iconixx Software grows C-suite again, hires first chief revenue officer

AUSTIN, Texas – July 11, 2016 – Iconixx Software Corp., an Austin-based maker of compensation management software, has named sales veteran David Loia as its first chief revenue officer. Loia was previously the vice president of sales for Austin software maker ZenossInc. and senior vice president of revenue for Austin-based HumanIntelligence Inc. Before that, he was vice president of sales for Spokane, Washington-based Next IT Corp. and a director of … Continue reading

kSep Systems acquired by Sartorius Stedim

Sartorius Stedim Biotech acquires U.S. start-up kSep Systems Transaction to expand SSB’s bioprocessing product portfolio with innovative single-use centrifuges AUBAGNE, France– 7.6.16 –(BUSINESS WIRE)–Regulatory News: Sartorius Stedim Biotech (SSB), a leading international supplier for the biopharmaceutical industry, today has signed a contract to acquire U.S. centrifuge specialist kSep Holdings, Inc. (kSep). The privately owned company based in Morrisville, North Carolina, has been operating on the market since 2011, and is expected … Continue reading

BPV completes successful exit from Tower Cloud

BPV portfolio company Tower Cloud has been acquired by Communications Sales & Leasing, Inc (NASDAQ: CSAL) in a stock and cash deal valued at $230 million plus milestone payments.   Here is today’s write up from the Tampa Bay Business Journal: St. Pete fiber optics firm acquired in $230 million deal by Frances McMorris  St. Petersburg-based Tower Cloud is being acquired by Communications Sales & Leasing Inc. (NASDAQ: CSAL) in a stock and … Continue reading

PowerDMS aids Baltimore PD

PowerDMS, an Orlando-based portfolio company of ours, has received widespread local and national news coverage for its efforts to help the Baltimore Police Department ensure officers see, know, and implement critical policies in critical moments. Here is the story in the Orlando Sentinel, which includes an interview with PowerDMS CEO Josh Brown. National print coverage included stories in The Washington Post and The Baltimore Sun;  national television coverage included ABC News (“…the department will use web and … Continue reading

BPV Portfolio Company API Acquired by Upland Software

AUSTIN, Texas, April 27, 2016 /PRNewswire/ — Upland Software, Inc. (UPLD), a leader in cloud-based Enterprise Work Management software, today announced that it has acquired Advanced Processing & Imaging (API), a highly effective content management platform driving workflow in governments and schools across North America. API will be combined with Upland’s enterprise workflow automation solution, FileBound, to create the industry’s most powerful workflow automation and document management platform. Workflow automation … Continue reading

Governor Rick Scott Appoints Drew Graham to Institute for the Commercialization of Public Research Board of Directors

TALLAHASSEE, Fla. – Today, Governor Rick Scott announced the appointment of Drew Graham to the Institute for the Commercialization of Public Research Board of Directors Graham, 49, of Tampa, is a managing partner with Ballast Point Ventures. He currently serves as vice chair for the Tampa General Hospital Foundation. Graham received his bachelor’s degree from Princeton University and master’s degree from Harvard University. He succeeds Manny Fernandez for a term … Continue reading

The Hidden Power In Trusting Your Gut Instincts

Fast Company has a piece on The Hidden Power In Trusting Your Gut Instincts in which the author argues that your gut can be trusted: Why is trusting your gut so powerful? Because your gut has been cataloging a whole lot of information for as long as you’ve been alive. “Trusting your gut is trusting the collection of all your subconscious experiences,” says Melody Wilding, a licensed therapist and professor of human … Continue reading

The Library in St.Pete

This is a collection of books that we routinely recommend to friends, colleagues, and the executives of our portfolio companies. DECISION MAKING Everything is Obvious: *Once You Know the Answer – Duncan Watts Drawing on the latest scientific research, along with a wealth of historical and contemporary examples, Watts shows how common sense reasoning and history conspire to mislead us into believing that we understand more about the world of … Continue reading

Florida Basks in a Texas-Style Resurgence

In case you missed it in last weekend’s Wall Street Journal, Florida is now “the showcase of America’s red-state prosperity.”  Hit especially hard by the collapse of real estate values in the last recession, the state… (C)ut a variety of taxes, including those on businesses and property, no small feat in a state without an income tax. [The state government] also slashed 3,000 regulations and shrunk state payrolls by 11,000. The … Continue reading

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