# Ascend Venture Group: portfolio, investments and team

> Ascend Venture Group is a growth equity based in United States. 30 investments on record, latest Apr 2012. Portfolio, stages, co-investors and team.

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

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

# Ascend Venture Group

No cheque observed since Apr 2012, after 30 earlier cheques, and the website is dead.

Dormant Growth equity

Series B Series A Series C Biotechnology Food And Beverage Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 30 on record

Since the last cheque **5318** days **00** hrs **00** min **00** sec

Median round **$5.8M** Rounds led **0 of 30** Sole investor **9 rounds** Exits **9 from the portfolio** Mostly in **United States, 96%**

Pitch Ascend Venture Group

## Ascend Venture Group highlights

- 01 30 rounds on record
- 02 Mostly Series B and Series A: 59% of its rounds
- 03 Sole investor in 9 rounds, median $3.0M
- 04 9 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Biotechnology Food And Beverage Venture Capital & Private Equity
- **Based in:** New York, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **30 appearances**

- **2012** 1 round
- **Apr** **[Mogreet](https://millionrounds.com/company/mogreet)** Venture · US · marketwatch.com **$4.1M** With 5 others
- **2009** 2 rounds
- **Mar** **[StrikeIron](https://millionrounds.com/company/strikeiron)** Series D · US · finance.yahoo.com **$5.5M** With 1 other
- **Jan** **[Schoolnet](https://millionrounds.com/company/schoolnet)** Series D · US · fis.dowjones.com **$13M** With 3 others
- **2008** 5 rounds
- **Nov** **[Mogreet](https://millionrounds.com/company/mogreet)** Series B · US · techcrunch.com **$5.0M** With 3 others
- **Sept** **[Send Word Now](https://millionrounds.com/company/send-word-now)** Series D · US · sendwordnow.com **$14M** With 2 others
- **Aug** **[DimensionU](https://millionrounds.com/company/dimensionu)** Series B · US · venturebeat.com **$6.0M** Sole investor
- **Jun** **[Playboox](https://millionrounds.com/company/playboox)** Series A · US · equityhelpdesk.com **$3.0M** Sole investor
- **Apr** **[Channel M](https://millionrounds.com/company/channel-m)** Series C · US · channelm.com **$6.0M** With 2 others
- **2007** 6 rounds
- **Nov** **[Wimba](https://millionrounds.com/company/wimba)** Series B · US · wimba.com **$8.4M** Sole investor
- **Oct** **[Send Word Now](https://millionrounds.com/company/send-word-now)** Series C · US · sendwordnow.com **$8.5M** With 1 other
- **Aug** **[ITM Software](https://millionrounds.com/company/itm-software)** Series D · US · venturebeat.com **$4.0M** With 5 others
- **May** **[Tutor](https://millionrounds.com/company/tutor)** Series B · US · thealarmclock.com **$14M** With 3 others
- **Jan** **[Boxxet](https://millionrounds.com/company/boxxet)** Series A · paidcontent.org **$900K** Sole investor
- **Jan** **[Tripology](https://millionrounds.com/company/tripology)** Series A · US · venturebeat.com **$1.3M** Sole investor
- **2006** 2 rounds
- **Aug** **[Send Word Now](https://millionrounds.com/company/send-word-now)** Series B · US · sendwordnow.com **$11M** Sole investor
- **Jul** **[NextMedium](https://millionrounds.com/company/nextmedium)** Series B · US · freshnews.com **$6.0M** With 2 others
- **2005** 5 rounds
- **Dec** **[DimensionU](https://millionrounds.com/company/dimensionu)** Series A · US · venturebeat.com **$3.0M** Sole investor
- **Aug** **[ClassLink](https://millionrounds.com/company/classlink)** Series A · US · globenewswire.com **$3.0M** Sole investor
- **Jul** **[GridApp Systems](https://millionrounds.com/company/gridapp-systems)** Series A · US · networkcomputing.com **$5.0M** With 1 other
- **Feb** **[NextMedium](https://millionrounds.com/company/nextmedium)** Series A · US **$3.5M** With 1 other
- **Jan** **[ITM Software](https://millionrounds.com/company/itm-software)** Venture · US · thefreelibrary.com **$6.0M** With 3 others
- **2004** 1 round
- **Aug** **[Platform Learning](https://millionrounds.com/company/platform-learning)** Series C **$9.0M** With 4 others
- **2003** 3 rounds
- **Nov** **[ITM Software](https://millionrounds.com/company/itm-software)** Series B · US **$9.0M** With 3 others
- **May** **[Netilla Networks](https://millionrounds.com/company/netilla-networks)** Series C **$6.0M** With 4 others
- **Feb** **[PhatNoise](https://millionrounds.com/company/phatnoise)** Series A · US **$3.4M** With 3 others
- **2002** 3 rounds
- **Dec** **[PhatNoise](https://millionrounds.com/company/phatnoise)** US **$500K** Sole investor
- **Nov** **[Optate](https://millionrounds.com/company/optate)** Venture · US **$1.8M** With 2 others
- **May** **[SageMetrics](https://millionrounds.com/company/sagemetrics)** Series B · NG **$6.0M** With 1 other
- **2001** 2 rounds
- **Sept** **[Optate](https://millionrounds.com/company/optate)** Series B · US **$6.5M** With 1 other
- **Aug** **[SafeRent](https://millionrounds.com/company/saferent)** Series C · thefreelibrary.com **$3.0M** With 9 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 **6** 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **9 in all**

**[Mogreet](https://millionrounds.com/company/mogreet)** Bought by Outspoken **Undisclosed** May 2013

**[Tutor](https://millionrounds.com/company/tutor)** Bought by [IAC](https://millionrounds.com/fund/iac) **Undisclosed** Jan 2013

**[Schoolnet](https://millionrounds.com/company/schoolnet)** Bought by [Pearson Education](https://millionrounds.com/fund/pearson-education) **$230M** Apr 2011

**[GridApp Systems](https://millionrounds.com/company/gridapp-systems)** Bought by BMC Software **Undisclosed** Dec 2010

**[Wimba](https://millionrounds.com/company/wimba)** Bought by Blackboard **Undisclosed** Jul 2010

**[ITM Software](https://millionrounds.com/company/itm-software)** Bought by BMC Software **Undisclosed** Jun 2008

**[Netilla Networks](https://millionrounds.com/company/netilla-networks)** Bought by AEP Networks **Undisclosed** Dec 2004

**[Optate](https://millionrounds.com/company/optate)** Bought by WebMD **Undisclosed** Apr 2003

**[SafeRent](https://millionrounds.com/company/saferent)** Bought by [First American](https://millionrounds.com/fund/first-american) **Undisclosed** Nov 2002

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

## The cheque

Series B Series A Series C

Median round joined **$5.8M** the round, not its cheque Alone, median **$3.0M**

Led 0 of 30 rounds **0%**

- **Sole investor:** 9 rounds
- **Last cheque:** Apr 2012
- **Exits:** 9 from the portfolio

Rounds by stage said on their site

- Series B *9*
- Series A *8*
- Series C *5*
- Series D *4*
- Venture *3*

Cheques by year Led Joined

2001 2012

Often in the room with

- [InnoCal Venture Capital](https://millionrounds.com/fund/innocal-venture-capital) 3
- [Technology Partners](https://millionrounds.com/fund/technology-partners) 3
- [Black Diamond Ventures](https://millionrounds.com/fund/black-diamond-ventures) 2
- [DFJ Frontier](https://millionrounds.com/fund/dfj-frontier) 2
- [Globespan Capital Partners](https://millionrounds.com/fund/globespan-capital-partners) 2
- [Opportunity Capital Partners](https://millionrounds.com/fund/opportunity-capital-partners) 2

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

Add to your CRM *→*

## Who they invest alongside

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

[**InnoCal Venture Capital** Growth equity **3** rounds together](https://millionrounds.com/fund/innocal-venture-capital)[**Technology Partners** Hedge fund **3** rounds together](https://millionrounds.com/fund/technology-partners)[**Black Diamond Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/black-diamond-ventures)[**DFJ Frontier** Investment firm **2** rounds together](https://millionrounds.com/fund/dfj-frontier)[**Globespan Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/globespan-capital-partners)[**Opportunity Capital Partners** Growth equity **2** rounds together](https://millionrounds.com/fund/opportunity-capital-partners)[**RBC Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/rbc-venture-partners)[**Southpaw Asset Management** VC firm **2** rounds together](https://millionrounds.com/fund/southpaw-asset-management)

## Quick answers about Ascend Venture Group

### What does Ascend Venture Group invest in?

Ascend Venture Group invests most often at Series B and Series A (59% of the rounds on record), in sectors such as Biotechnology, Food And Beverage and Venture Capital & Private Equity.

### How active is Ascend Venture Group?

30 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2012.

### How big are Ascend Venture Group's cheques?

The median round it joins is $5.8M.

### Does Ascend Venture Group lead rounds?

Rarely, if at all: none of its 30 investments on record names it as the lead.

### Where does Ascend Venture Group invest?

Most of the companies it backs are in the United States (96%).

### Is Ascend Venture Group investing now?

It looks quiet: no investment on record since Apr 2012.

### Who does Ascend Venture Group invest alongside?

Most often InnoCal Venture Capital (3 rounds together), Technology Partners (3 rounds together) and Black Diamond Ventures (2 rounds together).

### What kind of investor is Ascend Venture Group?

Ascend Venture Group is a growth equity firm based in New York, United States.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=ascend-venture-group) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=ascend-venture-group)
