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Portfolio Company Focal Systems Praised ‘Most Promising Retail Tech Startup’ at NRF!

Focal Systems develops computer vision technology that automatically builds a comprehensive CPG product database, optimizes operations for retailers, and helps customers find what they want.

LaunchDarkly Raises $8.7M to Get Access to The Right Features In Front of Right Users

Just two years into their journey, LaunchDarkly has emerged as a core part of the continuous integration and delivery stack, and one of the most innovative solutions for teams looking to develop and deploy software faster. The LaunchDarkly team is just getting started, yet they’re already serving billions of flags per day via their platform for some very large customers.

Thanx Raised a $17M Series B Led by Icon and Sequoia

Thanx's customer happiness platform helps multi-location merchants build and strengthen relationships with their customers. Thanx will use the funding for growth of its sales and engineering teams.

Looking Glass Factory Launches Volume - Your Own Personal 3-D Volumetric Display

Super excited to share the launch of Volume, from our portfolio company Looking Glass, which creates three-dimensional holographic displays in transparent cubes that harness more than 2 million pixels. This will allow consumers and professionals to experience 3-D assets in an unprecedented way – without requiring goggles.

Appdiff Raises $2.5M for AI-Powered Mobile Testing Platform

Testing is the most expensive and time-consuming process in bringing an app to market. Appdiff is solving that problem by creating AI bots which test every facet of an app before it launches. The round led by SoftTech VC & Zetta Venture Partners will be used to further improve technology.

Ford Mobility Services Acquires Chariot!

Since 2014, Chariot has provided a fast, reliable, affordable commute in San Francisco and the Bay area, with over 100 Chariots provide thousands of rides each day. Now, as the first acquisition by Ford's Smart Mobility division, Chariot will be the cornerstone of Ford's new global shuttle service business. At least five new markets beyond the Bay Area in the next 18 months are on the agenda with the acquisition.



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Portfolio Company @FocalSystems Systems Praised ‘Most Promising Retail Tech Startup’ at NRF! https://t.co/n4r5JbTAfO

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From Our Blog

SoftTech VC Closes $150M Across Two New Funds

Early in January 2016, I was thrilled to announce Stephanie Palmeri and Andy McLoughlin becoming Partners! At that time, we filed SEC Form Ds disclosing the creation of two new funds – SoftTech VC V and SoftTech Plus. We’re delighted to announce that both funds have closed at their hard cap, respectively $100M and $50M –  great news as we celebrate our 12-year anniversary. Most importantly, we are beyond excited by the myriad of new, radical innovations we see coming from early stage entrepreneurs and the opportunity we have to help them realize their vision with our active support and capital.

To share a bit of background: we invest our funds on a 3-year investment cycle and will be wrapping up Fund IV (that held a final close a couple of years ago) as planned sometime in Q316. Why raise a fund when we had plenty of dry powder in Fund IV? When we discussed our fund raising plans with … Read more »

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