Band investments

Since 1994, the Band has facilitated the investment into Silicon Valley's best seed stage startup companies. The Band has invested more than $231M into over 277 companies since 1994. This activity has created 4,000+ jobs. Of the Band's portfolio companies, 11 have gone public and 60 have been acquired.

 
The Band of Angels has been instrumental in providing the funds needed to grow The Detection Group. The Band process provided us with thoughtful feedback and guidance, and made me a better entrepreneur.
— Laurie Conner, President & CEO The Detection Group

 
Working with the Band, and particularly the Energy SiG, was an exceptionally rewarding experience. All the investors I interacted with were intelligent, engaging, and respectful. Definitely an enjoyable group to work with.
— Rob Nordsell, CEO Lumenari

 
Sebastien.png
We enjoyed raising funds from Band of Angels members. The process was clear, the organization perfect, and we learned a lot from our discussions with this open-minded community.
— Sebastien Christian, CEO OtoSense

 

recent exits

 Apr-2018:  OtoSense  (May-2016 Dinner), a developer of sound recognition software that turns sounds and vibrations into actionable meaning, was acquired by Analog Devices.

Apr-2018: OtoSense (May-2016 Dinner), a developer of sound recognition software that turns sounds and vibrations into actionable meaning, was acquired by Analog Devices.

 Jan-2018:  Practice Fusion  (Mar-2009 Dinner), the #1 cloud-based electronic health record platform for doctors and patients, was acquired by Allscripts.

Jan-2018: Practice Fusion (Mar-2009 Dinner), the #1 cloud-based electronic health record platform for doctors and patients, was acquired by Allscripts.

 Dec-2017:  Shazam  (July 2001 Dinner), one of the world's most popular apps used by hundreds of millions of people each month to instantly identify music that's playing and see what others are discovering, was acquired by Apple.

Dec-2017: Shazam (July 2001 Dinner), one of the world's most popular apps used by hundreds of millions of people each month to instantly identify music that's playing and see what others are discovering, was acquired by Apple.

 Aug-2017:  Grand Junction  (Dec-2009 Acorn Fund), platform for managing and offering same-day and local delivery, was acquired by Target Corporation.

Aug-2017: Grand Junction (Dec-2009 Acorn Fund), platform for managing and offering same-day and local delivery, was acquired by Target Corporation.


 Jun-2017:  ShotSpotter  (Jan-2006), global leader in gunfire detection and location technology, went public on the NASDAQ.

Jun-2017: ShotSpotter (Jan-2006), global leader in gunfire detection and location technology, went public on the NASDAQ.

 May-2017:  Arrayent  (Nov-2009), an Internet of Things (IoT) services platform was acquired by cloud services firm Prodea Systems.

May-2017: Arrayent (Nov-2009), an Internet of Things (IoT) services platform was acquired by cloud services firm Prodea Systems.

 Apr-2017:  Ciel Medical  (Dec-2016), a biotech company that develops a medical device to treat ventilator associated pneumonia, was acquired by Vyaire Medical.

Apr-2017: Ciel Medical (Dec-2016), a biotech company that develops a medical device to treat ventilator associated pneumonia, was acquired by Vyaire Medical.

 Mar-2017:  Rover , previously Info Axe (Jan-2008), a personalized content recommendation engine, was acquired by Revcontent Holdings.

Mar-2017: Rover, previously Info Axe (Jan-2008), a personalized content recommendation engine, was acquired by Revcontent Holdings.


 Jan-2017:  Faraday Bicycles  (Apr-2013), the world's finest electric bikes, was acquired by Pon Holdings, owner of several bike brands.

Jan-2017: Faraday Bicycles (Apr-2013), the world's finest electric bikes, was acquired by Pon Holdings, owner of several bike brands.

 Jun-2016:  CogENT Therapeutics, LLC  was acquired by Entellus Medical, Inc. and entered into an exclusive license for the XeroGel assets.

Jun-2016: CogENT Therapeutics, LLC was acquired by Entellus Medical, Inc. and entered into an exclusive license for the XeroGel assets.

 Jan-2016: International Business Machines Corp. acquired  Ustream, Inc. , a seller of video streaming services.

Jan-2016: International Business Machines Corp. acquired Ustream, Inc., a seller of video streaming services.

 

2018 FUNDINGS

  Car IQ  is the first intelligent vehicle management platform for Carsharing, autonomous and Auto Dealer Groups that uses data from the car to enable vehicles to connect themselves to service & repair providers and automatically schedule their own service.

Car IQ is the first intelligent vehicle management platform for Carsharing, autonomous and Auto Dealer Groups that uses data from the car to enable vehicles to connect themselves to service & repair providers and automatically schedule their own service.

  CNote  is an award-winning savings platform where you earn more while investing in small businesses and communities across America.

CNote is an award-winning savings platform where you earn more while investing in small businesses and communities across America.

 CoLabs is the automated external defibrillator (AED) of advanced airways and ventilation.

CoLabs is the automated external defibrillator (AED) of advanced airways and ventilation.

  Combinati  is a precision nucleic acid quantification platform for every lab.

Combinati is a precision nucleic acid quantification platform for every lab.


  Crater  uses a mobile platform to replace onsite surveys dramatically reducing costs for moving and relocation companies.

Crater uses a mobile platform to replace onsite surveys dramatically reducing costs for moving and relocation companies.

  Gravyty  is a productized AI for Philanthropy helping technology companies and foundations raise more money by transforming their CRM from a system of record into a system of intelligence.

Gravyty is a productized AI for Philanthropy helping technology companies and foundations raise more money by transforming their CRM from a system of record into a system of intelligence.

 Hupnos is an eHealth sleep aid (sleep mask and iPhone application) focused on reduction of snoring.

Hupnos is an eHealth sleep aid (sleep mask and iPhone application) focused on reduction of snoring.

  HyperKey  provides a mobile platform that leverages the ubiquitous use of virtual keyboards to dramatically increase the use of partner applications on mobile devices.

HyperKey provides a mobile platform that leverages the ubiquitous use of virtual keyboards to dramatically increase the use of partner applications on mobile devices.


  IrisVision  offer low vision aids leveraging Virtual Reality Technology to help people with various low vision conditions like macular degeneration and more.

IrisVision offer low vision aids leveraging Virtual Reality Technology to help people with various low vision conditions like macular degeneration and more.

  Kango  is a mobile app-based "Uber + Care" ridesharing service which enables parents to book safe, trustworthy transportation, with or without childcare, for their kids of any age - from preschool to high school.

Kango is a mobile app-based "Uber + Care" ridesharing service which enables parents to book safe, trustworthy transportation, with or without childcare, for their kids of any age - from preschool to high school.

  MisFit  makes a cold-pressed juice from MISFIT fruits and veggies.

MisFit makes a cold-pressed juice from MISFIT fruits and veggies.

  Muzit  uses machine learning to identify and monetize the entertainment preferences of peer to peer (P2P) file sharing consumers.

Muzit uses machine learning to identify and monetize the entertainment preferences of peer to peer (P2P) file sharing consumers.


  mxHero  develops software applications that enable users, service providers, and companies to manage and analyze their email accounts.

mxHero develops software applications that enable users, service providers, and companies to manage and analyze their email accounts.

  Nwave Technologies  leverages its wireless, sensor, analytics, and payment technologies to disrupt the transportation market by collecting, analyzing, and monetizing parking, drivers, payments, and traffic data.

Nwave Technologies leverages its wireless, sensor, analytics, and payment technologies to disrupt the transportation market by collecting, analyzing, and monetizing parking, drivers, payments, and traffic data.

  OneDome  is a multi-user journey enabling 30 simultaneous people to explore several wildly different yet connected worlds and revolving vignettes, through voice commands, gestures, intention and visual assertion.

OneDome is a multi-user journey enabling 30 simultaneous people to explore several wildly different yet connected worlds and revolving vignettes, through voice commands, gestures, intention and visual assertion.

  OnScale  provides on-demand, scalable Computer-Aided Engineering (CAE ) in the Cloud with pay-as-you-go subscription pricing.

OnScale provides on-demand, scalable Computer-Aided Engineering (CAE ) in the Cloud with pay-as-you-go subscription pricing.


  PlayFull  is a Techstars-backed B2B SaaS platform that leverages highly engaging mobile games to drive incremental sales to some of the best QSR’s in the world.

PlayFull is a Techstars-backed B2B SaaS platform that leverages highly engaging mobile games to drive incremental sales to some of the best QSR’s in the world.

 RAM Medical Innovations is a medical device company specializing in vascular sheath technology that facilitates endovascular interventions in hostile anatomy.

RAM Medical Innovations is a medical device company specializing in vascular sheath technology that facilitates endovascular interventions in hostile anatomy.

  Snapwire  is a platform where talented mobile photographers shoot custom images for people around the world.

Snapwire is a platform where talented mobile photographers shoot custom images for people around the world.

  Strategikon Pharma  develops disruptive software for the business management of pharmaceutical clinical trials.

Strategikon Pharma develops disruptive software for the business management of pharmaceutical clinical trials.

  Your Fare  is an online ordering management platform for restaurants.

Your Fare is an online ordering management platform for restaurants.

 

2017 fundings

  Car IQ  is the first intelligent vehicle management platform for Carsharing, autonomous and Auto Dealer Groups that uses data from the car to enable vehicles to connect themselves to service & repair providers and automatically schedule their own service.

Car IQ is the first intelligent vehicle management platform for Carsharing, autonomous and Auto Dealer Groups that uses data from the car to enable vehicles to connect themselves to service & repair providers and automatically schedule their own service.

    Connect Homes  creates affordable high-design modern green prefab homes that can be delivered worldwide from a single factory.

Connect Homes creates affordable high-design modern green prefab homes that can be delivered worldwide from a single factory.

  Crater  uses a mobile platform to replace onsite surveys dramatically reducing costs for moving and relocation companies.

Crater uses a mobile platform to replace onsite surveys dramatically reducing costs for moving and relocation companies.

    HOOCH  is the first-ever subscription drink App.

HOOCH is the first-ever subscription drink App.


    Jirav  is a SaaS financial reporting, forecasting, and predictive analytics platform.

Jirav is a SaaS financial reporting, forecasting, and predictive analytics platform.

    Kango  is a mobile app-based "Uber + Care" ridesharing service which enables parents to book safe, trustworthy transportation, with or without childcare, for their kids of any age - from preschool to high school.

Kango is a mobile app-based "Uber + Care" ridesharing service which enables parents to book safe, trustworthy transportation, with or without childcare, for their kids of any age - from preschool to high school.

    Kiana Analytics  provides patented cloud-based device detection and presence analytics for operations, security and proximity services.

Kiana Analytics provides patented cloud-based device detection and presence analytics for operations, security and proximity services.

    LivWell  is a SaaS solution for hospital care coordinators and social workers to refer and track non-medical services.

LivWell is a SaaS solution for hospital care coordinators and social workers to refer and track non-medical services.


    monARC Bio  is leading the digital transformation of an antiquated and inefficient $63B clinical trial industry.

monARC Bio is leading the digital transformation of an antiquated and inefficient $63B clinical trial industry.

    Nanotech Biomachines  is breakthrough biosystems for drug discovery.

Nanotech Biomachines is breakthrough biosystems for drug discovery.

    NGX Bio  is an online curated marketplace for genome sequencing services.

NGX Bio is an online curated marketplace for genome sequencing services.

    Nwave Technologies  leverages its wireless, sensor, analytics, and payment technologies to disrupt the transportation market by collecting, analyzing, and monetizing parking, drivers, payments, and traffic data.

Nwave Technologies leverages its wireless, sensor, analytics, and payment technologies to disrupt the transportation market by collecting, analyzing, and monetizing parking, drivers, payments, and traffic data.


  Pilot.ly  is an enterprise SaaS platform that enables professional creators to optimize videos based on viewer insights in Media and Corporate Brands.

Pilot.ly is an enterprise SaaS platform that enables professional creators to optimize videos based on viewer insights in Media and Corporate Brands.

  Purissima  ultra high impact biotherapeutics for life.

Purissima ultra high impact biotherapeutics for life.

  RealKey  is a web-based platform that brings all parties involved in buying a house and getting a mortgage together into a single unified portal, so that all documentation and communication are in a single secure place.

RealKey is a web-based platform that brings all parties involved in buying a house and getting a mortgage together into a single unified portal, so that all documentation and communication are in a single secure place.

  The Detection Group  is leader of wireless remote water detection solutions for commercial, multi-story residential buildings and campuses.

The Detection Group is leader of wireless remote water detection solutions for commercial, multi-story residential buildings and campuses.


  Seal Rock Therapeutics  is a discovery stage company developing small molecules for diseases with no current treatment.

Seal Rock Therapeutics is a discovery stage company developing small molecules for diseases with no current treatment.

  Semplus  develops a multi-touch pressure sensor, designed to address and solve the needs of a 3D enhanced user experience across today's touch interfaces in automotive, mobile, gaming, virtual reality and desktop.

Semplus develops a multi-touch pressure sensor, designed to address and solve the needs of a 3D enhanced user experience across today's touch interfaces in automotive, mobile, gaming, virtual reality and desktop.

  Thinnect  is an IoT Edge Network Service Provider.

Thinnect is an IoT Edge Network Service Provider.

  VoiceBase  company provides easy-to-use APIs that automatically transcribe audio and video, provide speech analytics with extracted keywords and topics, and predictive analytics based on machine learning technology.

VoiceBase company provides easy-to-use APIs that automatically transcribe audio and video, provide speech analytics with extracted keywords and topics, and predictive analytics based on machine learning technology.


  When Labs  is an artificial intelligence technology for augmenting management.

When Labs is an artificial intelligence technology for augmenting management.

  Your Fare  is an online ordering management platform for restaurants.

Your Fare is an online ordering management platform for restaurants.

 

2016 fundings

  Aeye  is ensuring safe and reliable vehicle autonomy. Our systems are the eyes and visual cortex of autonomous vehicles.

Aeye is ensuring safe and reliable vehicle autonomy. Our systems are the eyes and visual cortex of autonomous vehicles.

  Abtum  offers a disruptive RF technology that addresses the need of the industry and creates a remarkable business opportunity.

Abtum offers a disruptive RF technology that addresses the need of the industry and creates a remarkable business opportunity.

  Bioxiness Pharmaceuticals  develops novel small molecule antimicrobial compounds for the treatment of severe bacterial infections.

Bioxiness Pharmaceuticals develops novel small molecule antimicrobial compounds for the treatment of severe bacterial infections.

  Ciel Medical  develops medical devices to prevent ventilator associated pneumonia and mal-positioning of the breathing tube for patients in the ICU.

Ciel Medical develops medical devices to prevent ventilator associated pneumonia and mal-positioning of the breathing tube for patients in the ICU.


  Forensic Logic  is search engine and information network that is tying together US law enforcement and homeland security.

Forensic Logic is search engine and information network that is tying together US law enforcement and homeland security.

  iBeat  is a stylish heart alert and emergency watch that perpetually monitors for cardiac arrest and heart stopping.

iBeat is a stylish heart alert and emergency watch that perpetually monitors for cardiac arrest and heart stopping.

  Lumenari  is developing a material to improve the efficacy of LED lighting by 20-40%, which would effectively strip nearly 50 TW-hr off the grid.

Lumenari is developing a material to improve the efficacy of LED lighting by 20-40%, which would effectively strip nearly 50 TW-hr off the grid.

  OtoSense  is a sound recognition infrastructure software company offering a deep-learning based sound recognition software platform.

OtoSense is a sound recognition infrastructure software company offering a deep-learning based sound recognition software platform.


  Practice Fusion  is the #1 Ranked Certified EHR that will have you charting in minutes, with no software to install, no hardware to manage, and no licensing fees.

Practice Fusion is the #1 Ranked Certified EHR that will have you charting in minutes, with no software to install, no hardware to manage, and no licensing fees.

  Shift Mobility  is an innovative All-In-One platform for the automotive industry integrates manufacturers, distributors, repair centers, and vehicles on a common platform.

Shift Mobility is an innovative All-In-One platform for the automotive industry integrates manufacturers, distributors, repair centers, and vehicles on a common platform.

  Social Standards  (formerly BarTrendr), is setting the bar to accurately measure, simply comprehend, and immediately take action based on the organic consume.

Social Standards (formerly BarTrendr), is setting the bar to accurately measure, simply comprehend, and immediately take action based on the organic consume.

  Sift  (previously ShopInbox) unlocks all your credit card protections to get you refunds when prices drop, extended warranties and a whole lot more!

Sift (previously ShopInbox) unlocks all your credit card protections to get you refunds when prices drop, extended warranties and a whole lot more!


  The Detection Group  is leader of wireless remote water detection solutions for commercial, multi-story residential buildings and campuses.

The Detection Group is leader of wireless remote water detection solutions for commercial, multi-story residential buildings and campuses.

  StarFlow Networks  aims to revolutionize how cloud and enterprise companies leverage the public internet to meet their business requirements.

StarFlow Networks aims to revolutionize how cloud and enterprise companies leverage the public internet to meet their business requirements.

  Tenacity ’s retention-as-a-service solution creates a tribe of happier, more loyal agents with no heavy lifting for your day-to-day staff.

Tenacity’s retention-as-a-service solution creates a tribe of happier, more loyal agents with no heavy lifting for your day-to-day staff.

  TinyKicks  is developing tiny, wireless, wearable Healthcare monitors to safely, effectively and inexpensively track fetal movements, contractions and respiration in pregnant women.

TinyKicks is developing tiny, wireless, wearable Healthcare monitors to safely, effectively and inexpensively track fetal movements, contractions and respiration in pregnant women.


  Twine Data  is a mobile data platform that works with app publishers who generate mobile dataand the agencies, brands, and ad tech companies.

Twine Data is a mobile data platform that works with app publishers who generate mobile dataand the agencies, brands, and ad tech companies.

 

2015 fundings

  CelLink  revolutionizes flexible circuits for power electronics.

CelLink revolutionizes flexible circuits for power electronics.

  Chimera  develops technology to solve immune-toxicity, the critical problem with CAR T cells.

Chimera develops technology to solve immune-toxicity, the critical problem with CAR T cells.

  ClinCapture  is the World's fastest growing Electronic Data Capture for Clinical Data Management.

ClinCapture is the World's fastest growing Electronic Data Capture for Clinical Data Management.

  Comeet  makes recruitment easy with an automated interviewing workflow that's collaborative and keeps everyone on track.

Comeet makes recruitment easy with an automated interviewing workflow that's collaborative and keeps everyone on track.


  Decision Next  is a SaaS predictive analytics startup delivering enterprise apps to businesses to help with high-value, high frequency decisions.

Decision Next is a SaaS predictive analytics startup delivering enterprise apps to businesses to help with high-value, high frequency decisions.

  The Detection Group  provides wireless, cloud-based ’smart buildings’ solutions to commercial and multi-family residential properties.

The Detection Group provides wireless, cloud-based ’smart buildings’ solutions to commercial and multi-family residential properties.

  GetGate  enables secure delivery of packages inside consumer’s homes via their mobile app and lock hardware.

GetGate enables secure delivery of packages inside consumer’s homes via their mobile app and lock hardware.

  NG1 Technology  a vortex design to increase fuel efficiency.

NG1 Technology a vortex design to increase fuel efficiency.


  NGX Bio  is a complete service solution to make gene sequencing transformatively efficient (cost) and effective (speed and quality).

NGX Bio is a complete service solution to make gene sequencing transformatively efficient (cost) and effective (speed and quality).

  Parrable  is a proprietary identification system for mobile phones that solves one of the most significant ailments in mobile advertising and has proven to outperform third-party cookies.

Parrable is a proprietary identification system for mobile phones that solves one of the most significant ailments in mobile advertising and has proven to outperform third-party cookies.

  Pegasus Solar  is a developed a residential rail-less product that reduces the total installed cost of mounting systems by 25%.

Pegasus Solar is a developed a residential rail-less product that reduces the total installed cost of mounting systems by 25%.

  Savvy  makes one-to-one learning available to anyone by creating a platform where learners and teachers can connect for live video sessions.

Savvy makes one-to-one learning available to anyone by creating a platform where learners and teachers can connect for live video sessions.


  Transcribeme  converts voice to text fast and with perfect accuracy by using human verified transcription to train speech recognition technology.

Transcribeme converts voice to text fast and with perfect accuracy by using human verified transcription to train speech recognition technology.

  Twinedata  builts a data co-op/platform for app publishers that connects identities to mobile devices.

Twinedata builts a data co-op/platform for app publishers that connects identities to mobile devices.

  Wearality  developed glasses that transform smart phones into an immersive and emotional cinema experience.

Wearality developed glasses that transform smart phones into an immersive and emotional cinema experience.

 

INITIAL PUBLIC OFFERINGS (11)

ShotSpotter
IPO: June 7, 2017
Market Cap: 138.12M
Band Presentation: January 2006

Marrone Bio Innovations
IPO: August 2, 2013
Market Cap: $264M
Band Presentation: February 2007

PortalPlayer
IPO: November 19, 2004
Market Cap: $564.37M
Band Presentation: April 2002

Genitope Corporation
IPO: November 23, 2003
Market Cap: $373.52M
Band Presentation: October 1998

Cepheid
IPO: June 23, 2000
Market Cap: $400.33M
Band Presentation: March 1997

Convergys Learning Solutions
IPO: February 23, 2000
Market Cap: $2.11B
Band Presentation: June 1996

Neoforma
IPO: January 25, 2000
Market Cap: $139.87M
Band Presentation: March 1998

Wit Capital
IPO: June 4, 1999
Market Cap: $78M
Band Presentation: August 1997

Keynote Systems
IPO: August 24, 1999
Market Cap: $255.92M
Band Presentation: June 1997

Notify Technology
IPO: August 28, 1997
Market Cap: $2.46M
Band Presentation: September 1995

Novacept
IPO: March 8, 1996
Market Cap: $3.13B
Band Presentation: September 1995


mergers and acquisitions (61)

A4Vision
AdECN (Experclick)
Airflash
AirZip, Inc.
Alere Medical
Arrayent
Auto Town
Baystone Software
Before the Call
Berkeley Heart Lab
BOPS
C Level Design
Ciel Medical
ClearVox
CogENT Therapeutics
Consorte Media
Coyote Systems
Crystallume
Delve Networks
Digital Records Corp

Digital Think
EMB
Encelle
Escapia
EveryTrail
Faraday Bycicles
GetActive
GlobalCast
Hipbone Software
InfoAxe dba Rover
innoCOMM
Innoveda
JobFlash
Kerbango
Knowledge Revolution
LeveLite Technology
Mi5 Networks
NativeMinds, Inc.
Nellix
NetBuy

Notiva
Novacept, Inc.
Novus Packaging
OASys
OnWire Technologies
OtoSense
Power Computing Corp
Practice Fusion
Pretty Good Privacy
QuickSilver Group
Qumu (Media Publisher)
Quorum Systems
SafeView
Sandpiper
Scimagix
Seadragon Software
Shazam
Spruce Technologies
Virtual Silicon Tech
Yardbarker
Ustream