# Fluke: portfolio, investments and team

> Fluke is a corporate vc based in United States. 14 investments on record, latest Feb 2012. Portfolio, stages, co-investors and team.

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

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

# Fluke

Last cheque observed Feb 2012. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Corporate VC Website unconfirmed

Venture Series B Series A Consumer Electronics Manufacturing Robotics

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 14 on record

Since the last cheque **5376** days **00** hrs **00** min **00** sec

Median round **$6.5M** Rounds led **0 of 14** Sole investor **1 rounds** Exits **4 from the portfolio** Mostly in **United States, 100%**

Pitch Fluke

## Fluke highlights

- 01 14 rounds on record
- 02 Mostly Venture and Series B: 64% of its rounds
- 03 Sole investor in 1 rounds, median $4.0M
- 04 4 exits from the portfolio

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Consumer Electronics Manufacturing Robotics
- **Based in:** Everett, United States
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=fluke).

## The record

Every round we can evidence, newest first **14 appearances**

- **2012** 1 round
- **Feb** **[Concordia Coffee Systems](https://millionrounds.com/company/concordia-coffee-systems)** Series A · US · bizjournals.com **$6.5M** With 2 others
- **2011** 1 round
- **Jul** **[PayScale](https://millionrounds.com/company/payscale)** Venture · US · finsmes.com **$7.0M** With 4 others
- **2008** 2 rounds
- **Jun** **[Vantos](https://millionrounds.com/company/vantos)** Series B · US · venturebeat.com **$11M** With 2 others
- **Jan** **[Confirma](https://millionrounds.com/company/confirma)** Series C · US **$18M** With 3 others
- **2007** 3 rounds
- **Aug** **[Calidora Skin Clinic](https://millionrounds.com/company/calidora-skin-clinic)** Venture **$4.0M** Sole investor
- **Jul** **[PayScale](https://millionrounds.com/company/payscale)** Series C · US · mashable.com **$10M** With 7 others
- **Mar** **[SprayCool](https://millionrounds.com/company/spraycool)** Venture · US · thealarmclock.com **$10M** With 1 other
- **2006** 1 round
- **Sept** **[Phoseon Technology](https://millionrounds.com/company/phoseon-technology)** Venture · US · phoseon.com **$1.3M** With 3 others
- **2005** 4 rounds
- **Oct** **[Pacific Star Communications](https://millionrounds.com/company/pacific-star-communications)** Series B · US · pacstar.com **$4.5M** With 3 others
- **Oct** **[PayScale](https://millionrounds.com/company/payscale)** Series B · US · findarticles.com **$7.0M** With 3 others
- **Aug** **[Fios](https://millionrounds.com/company/fios)** Venture · US **$6.5M** With 4 others
- **Mar** **[Phoseon Technology](https://millionrounds.com/company/phoseon-technology)** Series B · US · phoseon.com **$6.4M** With 3 others
- **2004** 1 round
- **Oct** **[PayScale](https://millionrounds.com/company/payscale)** Series A · US **$3.2M** With 2 others
- **1999** 1 round
- **Nov** **[Viathan Corp.](https://millionrounds.com/company/viathan-corp)** Series A · US **$6.5M** With 4 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 **2** 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)

**1** of 13 we have independently watched raise

[Irisys](https://millionrounds.com/company/irisys) Amprobe Beha-Amprobe China 中国 Comark Fluke Biomedical Fluke Networks Fluke Process Instruments Landauer Pacific Laser Systems Pomona Raysafe Solmetric

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 **4 in all**

**[PayScale](https://millionrounds.com/company/payscale)** Bought by [Warburg Pincus](https://millionrounds.com/fund/warburg-pincus) **$100M** Apr 2014

**[Fios](https://millionrounds.com/company/fios)** Bought by [DTI](https://millionrounds.com/fund/dt-and-i) **Undisclosed** Nov 2012

**[SprayCool](https://millionrounds.com/company/spraycool)** Bought by [Parker Hannifin](https://millionrounds.com/fund/parker-hannifin) **Undisclosed** Mar 2010

**[Confirma](https://millionrounds.com/company/confirma)** Bought by Merge Healthcare **Undisclosed** Aug 2009

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

## The cheque

Venture Series B Series A

Median round joined **$6.5M** the round, not its cheque Alone, median **$4.0M**

Led 0 of 14 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Feb 2012
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Venture *5*
- Series B *4*
- Series A *3*
- Series C *2*

Cheques by year Led Joined

1999 2012

Often in the room with

- [Madrona Venture Group](https://millionrounds.com/fund/madrona) 5
- [Montlake Capital](https://millionrounds.com/fund/montlake-capital) 3
- [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) 3
- [Capybara Ventures](https://millionrounds.com/fund/capybara-ventures-llc) 2
- [PacRim Venture Partners](https://millionrounds.com/fund/pacrim-venture-partners) 2
- [SAP Ventures](https://millionrounds.com/fund/sap-ventures) 2

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## Who they invest alongside

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

[**Madrona Venture Group** VC firm **5** rounds together](https://millionrounds.com/fund/madrona)[**Montlake Capital** Private equity **3** rounds together](https://millionrounds.com/fund/montlake-capital)[**Trinity Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/trinity-ventures)[**Capybara Ventures** Growth equity **2** rounds together](https://millionrounds.com/fund/capybara-ventures-llc)[**PacRim Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/pacrim-venture-partners)[**SAP Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/sap-ventures)[**Sapphire Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/sapphire-ventures)[**SmartForest Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/smartforest-ventures)

## Quick answers about Fluke

### What does Fluke invest in?

Fluke invests most often at Venture and Series B (64% of the rounds on record), in sectors such as Consumer Electronics, Manufacturing and Robotics.

### How active is Fluke?

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

### How big are Fluke's cheques?

The median round it joins is $6.5M.

### Does Fluke lead rounds?

Rarely, if at all: none of its 14 investments on record names it as the lead.

### Where does Fluke invest?

Most of the companies it backs are in the United States (100%).

### Is Fluke investing now?

No investments in the last 12 months; the latest was in Feb 2012.

### Who does Fluke invest alongside?

Most often Madrona Venture Group (5 rounds together), Montlake Capital (3 rounds together) and Trinity Ventures (3 rounds together).

### What kind of investor is Fluke?

Fluke is a corporate VC based in Everett, United States.

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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=fluke) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=fluke)
