Venture Fund Member Profile
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Ascent has been investing in early stage, emerging technology companies since 1985. In backing over 85 companies, Ascent has remained committed to its mission of investing in exceptional entrepreneurs striving to build innovative market leaders. With over 80 years of combined venture capital experience, the Ascent investment team has managed four venture funds with total commitments of $380M. Ascent is currently investing out of the firm's fourth fund, a $140 million fund launched in 2004.
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Matt Fates Partner Ascent Venture Partners |
Experience: Matt has worked with emerging technology companies since 1996. Prior to joining Ascent in 2002, Matt worked in business development at Gold Wire Technology, a network configuration management software company. Before Gold Wire, Matt served as an Investment Analyst in the Boston office of Norwest Venture Partners where he worked on venture investments such as Broadband Access Systems (acquired by ADC Telecom), Gold Wire Technology (acquired by Intelliden), and COSpace (acquired by InterNAP). He also worked in technology investment banking at Alex. Brown & Sons, where he helped execute both equity and M&A transactions, working with companies such as BBN, CIENA, DSET, RSA Security and SwitchBoard.com.
Current board seats include HubCast, Interactive Supercomputing, StrikeIron, Terascala and The Corporate Marketplace.
Education: Double Major in Computer Science and Economics from Yale University. MBA from the Tuck School of Business at Dartmouth (Tuck Scholar).
Representative Investments
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StrikeIron StrikeIron offers a web services marketplace where businesses can subscribe to live, standards-based data feeds that can be easily integrated into applications, web pages and spreadsheets. The company offers over 100 different services, some generated by StrikeIron, and others obtained through partnerships with firms such as D&B, Zacks and Mapquest. |
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Fidelis Security Fidelis Security develops extrusion prevention solutions. The Company's network-based product, DataSafe, monitors outbound data traffic at wireline speeds and can prevent unauthorized data transfers in real time. |
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HubCast HubCast runs a global print network for enterprise and agency customers. Print work can be done around the globe with consistent quality thoughout the network of commercial grade printers. This Open Commercial Print Utility truly enables the distribute and print model for printing. |
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Interactive Supercomputing Interactive Supercomputing (ISC) develops and sells Star-P, an interactive parallel computing platform. With automatic parallelization and interactive execution of existing desktop simulation applications, Star-P merges two previously distinct environments - desktop computers and high performance servers - into one. The company markets Star-P for a range of security, intelligence, manufacturing, energy, biomedical, financial, and scientific research applications. |
Matt participated in the FundingPost event: Boston Early-Stage Angel and Venture Event
on Wednesday, June 24, 2009 in MA, Sponsored by Bingham McCutchen LLP
To list your Company on our website and make your profile available to Matt and 7,500+ other VCs and Angel Investors, Click Here.
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| Venture Fund Member Profile |
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