# Alliance Venture: portfolio, investments and team

> Alliance Venture is a vc firm based in Norway. 35 investments on record, latest Jun 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/alliance-venture (Millionrounds; every figure on the page links to its filing or article)

Norway · [Investor](https://millionrounds.com/investors)

# Alliance Venture

Last cheque observed Jun 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm Now at alliance.vc

Seed Series A Series B Biotechnology CMS Developer Tools

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 35 on record

Since the last cheque **2694** days **00** hrs **00** min **00** sec

Median round **$12M** Rounds led **0 of 35** Sole investor **1 rounds** Exits **5 from the portfolio** Mostly in **United States, 61%**

Pitch Alliance Venture

## Alliance Venture highlights

- 01 35 rounds on record
- 02 Mostly Series A and Series B: 50% of its rounds
- 03 Sole investor in 1 rounds, median $840K
- 04 5 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B
- **Sectors:** Biotechnology CMS Developer Tools
- **Based in:** Norway
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **35 appearances**

- **2019** 1 round
- **Jun** **[Aquabyte](https://millionrounds.com/company/aquabyte)** Series A · US · FinSMEs **$10M** With 4 others
- **2017** 2 rounds
- **Feb** **[Xeneta](https://millionrounds.com/company/xeneta)** Series B · NO · FinSMEs **$12M** With 1 other
- **Jan** **[Fuse](https://millionrounds.com/company/fuse)** Series A · NO · FinSMEs **$12M** With 1 other
- **2015** 6 rounds
- **Sept** **[Swarm64](https://millionrounds.com/company/swarm64)** Series A **$8.0M** With 2 others
- **Aug** **[Wake](https://millionrounds.com/company/wake)** Seed · US **$1.9M** With 8 others
- **Jun** **[Celtaxsys](https://millionrounds.com/company/celtaxsys)** Series D · US **$40M** With 4 others
- **Feb** **[poLight](https://millionrounds.com/company/polight)** Growth · NO **$19M** With 4 others
- **Feb** **[Xeneta](https://millionrounds.com/company/xeneta)** Series A · NO **$5.3M** With 3 others
- **Jan** **[Fuse](https://millionrounds.com/company/fuse)** Seed · NO **$2.8M** With 1 other
- **2014** 3 rounds
- **Dec** **[Novelda AS](https://millionrounds.com/company/novelda-as)** Series A · NO **$12M** With 2 others
- **Jun** **[Outracks](https://millionrounds.com/company/outracks)** Venture · NO **$3.5M** With 1 other
- **Jun** **[Fuse](https://millionrounds.com/company/fuse)** Seed · NO **$3.5M** With 1 other
- **2012** 1 round
- **May** **[bMobilized](https://millionrounds.com/company/bmobilized)** Series A · US · techcrunch.com **$1.5M** With 1 other
- **2011** 1 round
- **Jul** **[poLight](https://millionrounds.com/company/polight)** Series B · NO · marketwire.com **$19M** With 2 others
- **2010** 3 rounds
- **Sept** **[MemfoACT](https://millionrounds.com/company/memfoact)** NO · finsmes.com **Undisclosed** With 2 others
- **Sept** **[Ping Communication](https://millionrounds.com/company/ping-communication)** Venture · NO · finsmes.com **$3.6M** With 2 others
- **Feb** **[Encap](https://millionrounds.com/company/encap)** Seed · NO **$840K** Sole investor
- **2009** 2 rounds
- **Jun** **[Apieron](https://millionrounds.com/company/apieron)** Series D · US · onbiovc.com **$5.9M** With 3 others
- **May** **[poLight](https://millionrounds.com/company/polight)** Venture · NO **$3.4M** With 2 others
- **2008** 1 round
- **Apr** **[Aperto Networks](https://millionrounds.com/company/aperto-networks)** Series F · US · lightreading.com **$20M** With 8 others
- **2006** 2 rounds
- **Nov** **[Nethra Imaging](https://millionrounds.com/company/nethra-imaging)** Series C · US · deals.venturebeat.com **$14M** With 4 others
- **Apr** **[Aperto Networks](https://millionrounds.com/company/aperto-networks)** Series E · US · apertonet.com **$26M** With 7 others
- **2005** 2 rounds
- **Sept** **[Aperto Networks](https://millionrounds.com/company/aperto-networks)** Series E · US · apertonet.com **$17M** With 6 others
- **Jun** **[Xceive](https://millionrounds.com/company/xceive)** Series C · US · thefreelibrary.com **$14M** With 4 others
- **2004** 2 rounds
- **Mar** **[Aperto Networks](https://millionrounds.com/company/aperto-networks)** Series D · US · apertonet.com **$20M** With 8 others
- **Jan** **[Xceive](https://millionrounds.com/company/xceive)** Series B · US · xceive.com **$11M** With 2 others
- **2003** 3 rounds
- **Dec** **[Athena Semiconductors](https://millionrounds.com/company/athena-semiconductors)** Series B · US **$10M** With 2 others
- **Nov** **[Bay Microsystems](https://millionrounds.com/company/bay-microsystems)** Series C · US **$10M** With 4 others
- **Jan** **[Apieron](https://millionrounds.com/company/apieron)** Series A · US · deals.venturebeat.com **$4.6M** With 1 other
- **2002** 2 rounds
- **Dec** **[Aperto Networks](https://millionrounds.com/company/aperto-networks)** Series C · US · apertonet.com **$22M** With 4 others
- **Feb** **[alfabet](https://millionrounds.com/company/alfabet)** Series B · US **$5.2M** With 3 others
- **2001** 3 rounds
- **Dec** **[Maranti Networks](https://millionrounds.com/company/maranti-networks)** Series B · US **$25M** With 2 others
- **Sept** **[Corona Networks](https://millionrounds.com/company/corona-networks)** Series C **$40M** With 4 others
- **Sept** **[Xalted Networks](https://millionrounds.com/company/xalted-networks)** Series A · US **$21M** With 3 others
- **2000** 1 round
- **Oct** **[Aperto Networks](https://millionrounds.com/company/aperto-networks)** Series B · US · apertonet.com **$26M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**28** of 57 we have independently watched raise

[1X](https://millionrounds.com/company/1x)[APEXX](https://millionrounds.com/company/apexx)[Aprila Bank](https://millionrounds.com/company/aprila-bank)[Bits](https://millionrounds.com/company/bits)[Endform](https://millionrounds.com/company/endform)[Enode](https://millionrounds.com/company/enode)[Eventum](https://millionrounds.com/company/eventum)[Exited Arundo](https://millionrounds.com/company/arundo-analytics)[Fika](https://millionrounds.com/company/fika-jobs)[Fuse](https://millionrounds.com/company/fuse)[General Intuition](https://millionrounds.com/company/general-intuition)[Gilion](https://millionrounds.com/company/gilion)[Grunt](https://millionrounds.com/company/grunt)[Hemby](https://millionrounds.com/company/hemby)[IndyKite](https://millionrounds.com/company/indykite)[Lace Lithography](https://millionrounds.com/company/lace-lithography)[Lightbringer](https://millionrounds.com/company/lightbringer)[Medal](https://millionrounds.com/company/medal)[Sanity](https://millionrounds.com/company/sanity)[Scrimba](https://millionrounds.com/company/scrimba)[Shoreline](https://millionrounds.com/company/shoreline)[Spiich](https://millionrounds.com/company/spiich)[Steep](https://millionrounds.com/company/steep)[Superside](https://millionrounds.com/company/superside)[Tana](https://millionrounds.com/company/tana)[Two](https://millionrounds.com/company/two)[Versiro](https://millionrounds.com/company/versiro)[Xeneta](https://millionrounds.com/company/xeneta) 3D Perception Boost Ciloo Encore Exited Alexis Exited Aquabyte Exited Capnia Exited Edvantage Group Exited Encap Exited Equality Check Exited Falanx Exited Interagon Exited Memoscale Exited Net4Call Exited Nevion Exited Oda Exited Sendr Exited Swarm64 Exited Tific Exited Wake Globus Hemi Kvist Solutions Mjuk Newcode Northern.tech Odins OptiFish Unleash

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **5 in all**

**[alfabet](https://millionrounds.com/company/alfabet)** Bought by [Software AG](https://millionrounds.com/fund/software-ag) **Undisclosed** Jun 2013

**[Nethra Imaging](https://millionrounds.com/company/nethra-imaging)** Bought by [Imagination Technologies](https://millionrounds.com/fund/imagination-technologies) **Undisclosed** Jun 2012

**[Aperto Networks](https://millionrounds.com/company/aperto-networks)** Bought by Tranzeo Wireless Technologies **Undisclosed** Mar 2010

**[Athena Semiconductors](https://millionrounds.com/company/athena-semiconductors)** Bought by [Broadcom](https://millionrounds.com/fund/broadcom-limited) **Undisclosed** Oct 2005

**[Maranti Networks](https://millionrounds.com/company/maranti-networks)** Bought by [EMC](https://millionrounds.com/fund/emc) **$5.0M** Aug 2005

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$12M** the round, not its cheque Alone, median **$840K**

Led 0 of 35 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Jun 2019
- **Exits:** 5 from the portfolio

Rounds by stage said on their site

- Series A said *8*
- Series B said *7*
- Series C *5*
- Seed said *4*
- Venture *3*
- Series D *3*

Cheques by year Led Joined

2000 2019

Often in the room with

- [Canaan](https://millionrounds.com/fund/canaan-partners) 6
- [Investinor](https://millionrounds.com/fund/investinor) 6
- [Innovacom](https://millionrounds.com/fund/innovacom) 5
- [JK&B Capital](https://millionrounds.com/fund/jk-and-b-capital) 4
- [Labrador Ventures](https://millionrounds.com/fund/labrador-ventures) 4
- [Northzone](https://millionrounds.com/fund/northzone) 4

**Pitching Alliance Venture?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Alliance Venture. A count of rooms they were both in, not a relationship either has claimed.

[**Canaan** VC firm **6** rounds together](https://millionrounds.com/fund/canaan-partners)[**Investinor** VC firm **6** rounds together](https://millionrounds.com/fund/investinor)[**Innovacom** VC firm **5** rounds together](https://millionrounds.com/fund/innovacom)[**JK&B Capital** VC firm **4** rounds together](https://millionrounds.com/fund/jk-and-b-capital)[**Labrador Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/labrador-ventures)[**Northzone** VC firm **4** rounds together](https://millionrounds.com/fund/northzone)[**Satwik Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/satwik-ventures)[**Tyco Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/tyco-ventures)[**Viking Venture Management** VC firm **4** rounds together](https://millionrounds.com/fund/viking-venture-management)[**GunnAllen Financial** VC firm **3** rounds together](https://millionrounds.com/fund/gunnallen-financial)[**Icon Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/icon-ventures)[**Ignite Group** Growth equity **3** rounds together](https://millionrounds.com/fund/ignite-group)

## Recently backed

The latest companies Alliance Venture put money into.

[**Aquabyte** $10M · Jun 2019](https://millionrounds.com/company/aquabyte)[**Xeneta** $12M · Feb 2017](https://millionrounds.com/company/xeneta)[**Fuse** $12M · Jan 2017](https://millionrounds.com/company/fuse)

## Quick answers about Alliance Venture

### What does Alliance Venture invest in?

Alliance Venture invests most often at Series A and Series B (50% of the rounds on record), in sectors such as Biotechnology, CMS and Developer Tools.

### How active is Alliance Venture?

35 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2019.

### What has Alliance Venture invested in recently?

Its most recent investments on record: Aquabyte (Series A, Jun 2019), Xeneta (Series B, Feb 2017) and Fuse (Series A, Jan 2017).

### How big are Alliance Venture's cheques?

The median round it joins is $12M.

### Does Alliance Venture lead rounds?

Rarely, if at all: none of its 35 investments on record names it as the lead.

### Where does Alliance Venture invest?

Most of the companies it backs are in the United States (61%) and Norway (39%).

### Is Alliance Venture investing now?

No investments in the last 12 months; the latest was in Jun 2019.

### Who does Alliance Venture invest alongside?

Most often Canaan (6 rounds together), Investinor (6 rounds together) and Innovacom (5 rounds together).

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