YEARLY ARCHIVES
  • Skyview Ventures Makes Significant Investment in Silk Technologies, Ltd.

    Skyview Ventures is excited to announce its Series A investment in Silk Technologies, a highly innovative biotech company with patented technology that uses silk protein to develop biological drugs designed to treat eye disease.

     

    Skyview Ventures has committed $11.2 Million to support development of SDP-4 through Phase-2 proof of concept studies.

    Dry Eye Disease is a multi-billion dollar market estimated to effect hundreds of millions of people worldwide, with at least 30+ million of those people in the United States. Dry eye is a disease of the tears and ocular surface that results in discomfort, visual disturbance, and tear film instability and which often limits vision. Inflammation is known to be a major causal contributor. Typical discomfort symptoms associated with dry eye include burning, stinging, grittiness, foreign body sensation, tearing, ocular fatigue, pain and of course, dryness. Although several current Dry Eye therapies exist, the market continues to demand a more robust and effective form of treatment. The SDP-4 drug is uniquely designed to address both the underlying inflammation as a result of the disease while providing the patient greater relief from their symptoms than currently available treatment options provide.

    Alex Soltani, Skyview Ventures’ Chairman & CEO, stated, “Skyview Ventures has had great success partnering with exceptional entrepreneurs and helping disruptive, market-changing, companies achieve their maximum potential, and we believe this recipe for success will again be replicated through our investment and partnership with SILKTECH. SILKTECH and its highly savvy team has developed a novel product to solve a significantly growing problem which still has yet to find an appropriate and consistently effective solution. We are confident that the SILKTECH therapeutic which combines novel wetting attributes with potent targeted anti-inflammatory properties will provide a significant improvement to existing prescription Dry Eye therapies in the market today. Dry Eye impacts tens of millions of patients in the United States alone, and as a result the opportunity for disruption of this market is truly substantial. I, for one, suffer from this condition and I am looking forward to seeing this product quickly advance and become available for the benefit of the general population.”

    Brian Lawrence, Ph.D., SILKTECH’s co-founder and CEO, says, “We are thrilled to have Skyview Ventures as our Series A investment partner. They are an optimal partner for SILKTECH given their enthusiasm for the Dry Eye space and their strong track record of success for investing in markets that require innovative approaches. In addition to capital, Skyview Ventures will provide SILKTECH with enhanced operational bandwidth that will be critical in accelerating our technology to the marketplace.” Dr. Lawrence has a Ph.D. from the Biomedical Engineering Department at Cornell University (Ithaca, NY), and has been devoted to developing the use of silk protein to treat eye disease for the past 12 years. SILKTECH team members will be speaking at the Ophthalmology Innovation Summit preceding the American Academy of Ophthalmology annual meeting on November 9th in New Orleans, LA.

    Richard Lindstrom, M.D., a leading Ophthalmology expert who is on the SILKTECH Medical Advisory Board and a practicing Ophthalmologist and founder of Minnesota Eye Consultants, states, “SDP-4 offers a very novel approach to treating Dry Eye symptoms. It provides several modes of action to address this serious problem.”

    Brian Levy, O.D., M.Sc, Chairman of SILKTECH, and a leading Ophthalmology industry expert who served as Chief Medical Officer for Bausch + Lomb and Aerie Pharmaceuticals says, “We are excited to have the Skyview Capital team join us at SILKTECH. The need for more effective Dry Eye therapies continues and the SDP-4 biologic offers a compelling solution.”

    Emmett T. Cunningham, Jr, MD, PhD, MPH, an internationally recognized ocular inflammatory disease expert and leading venture investor in the sector will join the SILKTECH board of directors and states, “SILKTECH’s SDP-4 represents an exciting and potentially disruptive treatment approach to several, common ocular surface disorders, including dry eye.”

    Paul Karpecki, OD, a leading expert in the field of dry eye disease, who is on the SILKTECH Board of Directors commented that, “The field of protein-based treatments for dry eye is significant and could represent one of the key mechanisms to managing this vast disease. SDP-4 is a prime example of how this silk protein may affect lubrication, inflammation and ocular surface healing.”

    Matt Thompson, Skyview Ventures Senior Vice President says, “Dry Eye syndrome is a massive, under-diagnosed health issue. The current products on the market have significant adverse side effects and provide limited relief. This research was built on solid underlying science and has been funded to date by Small Business Innovation Research (SBIR) awards from both the National Science Foundation and the Department of Defense. Our investment will help accelerate their growth, resulting in new products for consumers entering the market in the next several years.”

    The Silk Technologies board of directors includes Dr. Brian Levy, Alex Soltani, Dr. Brian Lawrence, Bill Mower, Dr. Emmett Cunningham, Jr and Dr. Paul Karpecki.

    About Skyview Ventures
    Skyview Ventures is a wholly owned division of Skyview Capital, LLC. Skyview Ventures partners with talented entrepreneurs who are developing highly-disruptive technologies in a variety of different markets and industries. Skyview Ventures invests in early stage businesses, where the team can leverage industry experience and its vast relationships. Current areas of focus include Digital Media, IoT, Augmented and Virtual Reality, Telecom and Software, Social Media, Fintech, HealthTech and Biotech. Skyview Ventures is based in Los Angeles, California. http://www.skyviewcapital.com/ventures

    About Skyview Capital, LLC
    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed more than 25 transactions within its target market verticals. Visit http://www.skyviewcapital.com.

    About Silk Technologies, Ltd.
    Silk Technologies, Ltd is a biotech company focusing on innovating and developing silk-derived protein (SDP) products for ophthalmic applications. The Company’s patented SDP material is being developed for applications in treating dry eye disease, ocular inflammation, wound healing and tear film health. More information on the Plymouth, MN based Silk Technologies, Ltd. can be found at http://www.silk-tech.com.

  • Skyview Ventures Invests in Buy It Installed, Inc.

    LOS ANGELES, CALIFORNIA, UNITED STATES, August 1, 2017 /EINPresswire.com/ — Skyview Ventures is excited to announce its investment in the A-Round of Buy It Installed, Inc. This software-enabled-services company has invented a process that fully automates the integration of installation services throughout the supply chain, enabling online retailers to dynamically connect consumers with qualified installers. For consumers, the Buy It Installed solution means simple, “one-click” access to professional installation services: Consumers simply push a button and get the products they are buying installed. For retailers, the Buy It Installed button means an enhanced consumer experience that leads to exponential sales growth. A large percentage of consumers are ready to make an online purchase, but they are turned off by the need to separately find an installer. By packaging the online order with installation, the Buy It Installed button dramatically increases the close rate on transactions. This helps retailers increase both sales and customer satisfaction, while reducing product returns.

    The investment in Buy It Installed will be used to further develop the service platform, recruit additional team members, and harness the existing large customer demand. Skyview Ventures is investing in this round alongside Tech Coast Angels, the ACE Fund, and families core to the venerable Crosspoint Venture Partners.

    Skyview Capital Ventures has relevant experience in the Mobile, Software as a Service, Cloud-based customer support, and eCommerce segments through previous investments in NewPace, Headsprout, Mimio, LSSiData, Kangarootime and Syncplicity.

    Alex Soltani, Skyview Capital’s CEO, says “Skyview Ventures has had great success helping disruptive companies in the software and E-commerce sectors. E-commerce has become a major sales channel globally and providing coordinated installations is a logical next step. Buy It Installed has a great team, and this additional capital will help them scale into a major player in this E-commerce logistics space.”

    Todd Banhidy, Buy It Installed’s founder, says, “We are very excited to have Skyview Ventures participate in this round. Skyview brings relevant technical and operating experience, and a great camaraderie as the first institutional investors in this round.”

    Matt Thompson, Skyview Capital Ventures Senior Vice President says, “We are looking forward to partner with Todd Banhidy and the Buy It Installed team. We see a huge market in finishing the eCommerce last foot’ of completing the assembly and installation of the items. There are so many times when I choose not to purchase an item because I don’t know who will install it. We expect Buy It Installed to define this market segment which is at the intersection of eCommerce, Artificial Intelligence, big data, and mobility.”

    About Skyview Ventures
    Skyview Ventures is a wholly owned division of Skyview Capital LLC. Skyview Ventures partners with entrepreneurs in Southern California who are developing disruptive technologies. Skyview Ventures invests in early stage businesses, where the team can leverage industry experience and its vast relationships. Current areas of focus include Digital Media, IoT, Augmented and Virtual Reality, Telecom and Software, Social Media, Fintech, HealthTech and Biotech. Skyview Ventures is based in Los Angeles, California. www.skyviewcapital.com/ventures

    About Skyview Capital, LLC
    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed more than 25 transactions within its target market verticals. Visit www.skyviewcapital.com.

    About Buy It Installed, Inc.
    Buy It Installed™ is a button integrated into a retailer’s e-commerce site which enables a consumer to buy their product with manufacturer certified service nationwide. Having automated the complex human system that is installed sales, they are the first to successfully serve large retailers at a massive scale. More information on the Irvine, CA based Buy It Installed, Inc. can be found at www.buyitinstalled.com

    Matt Thompson
    Skyview Ventures
    310-273-6000
    email us here

  • Skyview Ventures Invests in Kangarootime Inc

    Read original article here: http://www.einnews.com/pr_news/390663521/skyview-ventures-invests-in-kangarootime-inc

    LOS ANGELES, CALIFORNIA, UNITED STATES, July 5, 2017 /EINPresswire.com/ — Skyview Ventures LLC is excited to announce its investment in the Seed Round of Kangarootime. Kangarootime is a leading provider of cloud-based software solutions for early learning centers. The Kangarootime suite of products allows childcare centers and other educational centers to digitize their operations. The Kangarootime suite allows parents to check their children in and out of the center, pay tuition electronically, view and share photos, complete student paperwork and interact with teachers. The tool also helps childcare centers manage their compliance issues, improve staffing oversight, and increase and automate revenue and collections.

    This investment in Kangarootime will go to help accelerate their growth into new school organizations in the United States and abroad. Skyview Ventures is investing alongside Mucker Capital and Tech Coast Angels in this round.

    Skyview Ventures has relevant experience in the mobile, EdTech and cloud-based software segments through previous investments in NewPace, Headsprout, Mimio, LSSiData, and Syncplicity.

    Scott Wayman, Kangarootime CEO, says, “We are very excited to have Skyview Ventures participate in this round. Skyview brings a lot of relevant financial, technical, and operating experience. We are building the first cloud-based enterprise-capable platform for early education, and having the operating expertise of Skyview behind us is an invaluable asset. Another appeal of teaming up with Skyview was that their team consists of real entrepreneurs. As we work with the large franchise businesses in early childhood education, having former operators like Skyview in our corner is a real asset.”

    Matt Thompson, Skyview Ventures LLC Senior Vice President says, “We are looking forward to partnering with Scott Wayman and the Kangarootime team. We first met Scott at the Founders Institute pitch session two years ago and have been impressed with his progress. Early education and day-camps are sectors ripe for digital disruption. As a parent, I am tired of all of the duplicative paper forms. We see Kangarootime both growing the market and taking share.”

    Chris Aye, Skyview Capital COO, says “We are excited to help Kangarootime on their journey. They have a great foundation and this additional capital will help them scale the business.”

    About Skyview Ventures LLC
    Skyview Ventures LLC is a wholly-owned division of Skyview Capital LLC. Skyview Ventures partners with entrepreneurs in Southern California who are developing disruptive technologies. Skyview Ventures invests in early stage businesses, where the team can leverage industry experience and its vast relationships. Current areas of focus include Digital Media, IoT, Augmented and Virtual Reality, Telecom and Software, Social Media, Fintech, HealthTech and Biotech. Skyview Ventures is based in Los Angeles, California. www.skyviewcapital.com/ventures

    About Skyview Capital, LLC
    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed more than 25 transactions within its target market verticals. Visit www.skyviewcapital.com.

    About Kangarootime, Inc.
    Kangarootime is a leader in the education software market and is based in Long Beach, California. Kangarootime provides a suite of software tools including Tuition Collection Manager, Child Checkin and Checkout, Messaging and Picture Sharing and Employee Management. Kangarootime serves preschool, elementary school, elder care, and day-camp market segments.

    Matt Thompson
    Skyview Ventures
    310-273-6000
    email us here

  • Dale Quayle Named CEO of Digital Fuel

    Quayle has a long track record of innovation and business success as President and CEO of Interset and President and CEO of Integrien, which was acquired by VMware in 2011. Quayle’s 35-year career also includes senior positions at Hewlett Packard and Trinagy.

    “Dale is the right CEO to take Digital Fuel to its next phase of growth, customer expansion and innovation” said Alex Soltani, Skyview Capital CEO and Chairman. “His successful track record in leading enterprise software companies through rapid growth and his ability to capitalize on emerging opportunities makes him the right candidate for the job.”

    Together with the Digital Fuel leadership team, Quayle will focus on four priorities:

    • Strengthening customer intimacy by enhancing the current culture of customer relationship and success to ensure Digital Fuel’s success
    • Accelerating product innovation, ensuring that our market leading products continue to meet and exceed rapidly changing market and customer needs. This includes increasingly leveraging new technologies and forming innovative new partnerships
    • Establishing market leadership through education, community and best practices that can be adopted throughout the industry.
    • Maintaining value for customers by providing the lowest total cost of ownership and therefore the greatest return on investment

    “I am very excited to join Digital Fuel, which has built such great momentum in the market place,” said Dale. “Enterprises are embracing the power of IT innovation within all functions of the organization, and solutions like Digital Fuel help manage and aid these companies to make informed and timely decisions on their IT spend particularly in complex cloud technology implementations. Digital Fuel is in the forefront of this transition and is poised for aggressive growth. I am very pleased to be joining the Digital Fuel team and look forward to accelerate the growth.”

    About Digital Fuel 
    Digital Fuel develops software solutions that help organizations deliver more business value from every dollar spent on IT. We provide the only solution where IT leaders plan, manage and optimize the cost, quality and business value of IT service investments in one single system of record. IT and business leaders use Digital Fuel’s solutions for 100% of IT spend, private, public and hybrid cloud and for corporate shared services and revenue generating services. Digital Fuel maximizes the return on investment for hundreds of customers worldwide by providing low total cost of ownership (TCO). To learn more, please visit http://www.digitalfuel.com.

    Press Contact
    Digital Fuel Media
    PR@digitalfuel.com
    (925) 997-2557

    About Skyview Capital, LLC

    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed over 25 transactions within its target market verticals. To learn more, please visit http://www.skyviewcapital.com

    Skyview Contact:
    Shrikar Kasturi
    Sr. VP – Mergers & Acquisitions
    Skyview Capital, LLC
    skasturi@skyviewcapital.com

  • Skyview Capital Launches Skyview Ventures to Invest in Tech Startups
  • Skyview Capital to Launch Venture Investing Initiative: Skyview Ventures

    LOS ANGELES, CALIFORNIA, UNITED STATES, April 4, 2017 /EINPresswire.com/ — Founded in 2005 to focus on operationally challenged corporate carveouts in the lower middle market, Skyview Capital (“Skyview”) has built a deep and talented, multi-disciplinary team of seasoned in-house professionals. Since inception of the firm, Skyview has generated exceptional cash-on-cash returns. In the last several years, the Skyview team has had great success with technology carve-outs and buyouts. Selected recent portfolio company exits include the sales of:

    • Headsprout Educational Software to Cambium Learning (NASDAQ: ABCD)
    • Mimio Educational Hardware to Boxlight
    • IMT Microwave to xG Technologies (NASDAQ: XGTI)
    • NewPace Rich Communications Services business to Samsung
    • LSSI Data to Neustar (NYSE: NSR)
    • Syncplicity to Axway (AXW.PA)

    On the heels of these successes, and seeking to leverage the team’s expansive skill set and experience base in investing in as well as operating growth-oriented technology and telecommunications businesses, Skyview Capital has launched Skyview Ventures. Skyview Ventures is an internally managed pool of partners’ capital that will invest in high growth companies in Southern California. Focusing on Seed, Angel, A, B &C investment rounds, Skyview Ventures will target technology sectors in which Skyview Capital has a strong angle due to relevant experience and relationships. Areas of focus include Internet of Things (IOT), Enterprise Software, Digital Media, Virtual Reality, Telecom and Mobile Infrastructure, Consumer Technology, Biotech/Healthtech, and FinTech..

    “Historically within our portfolio companies, we opportunistically have evaluated and incubated startup ventures. Now we are very excited to formalize our activities in the venture realm. Over the last several years, we have generated exceptional returns on our technology- and telecom-related investments, and in doing so, have built our team to the point where we are now well-positioned to pursue this new avenue. Through our business development team, we have significant technology deal flow. With our in-house operations team, we have experience scaling highly successful technology businesses. We strongly believe we bring a differentiated skill set and new point of view to the venture world” said Alex Soltani, Chairman & CEO of Skyview Capital and Skyview Ventures.

    Matt Thompson, Senior Vice President at Skyview Capital, will be coordinating investment activities for Skyview Ventures. Matt has 20 years of investing and operating experience with Technology, Consumer, Software, and Healthcare startups and larger enterprises. Matt is an active and connected member of the Angel and Venture Capital communities in Southern California. Matt says of Skyview Ventures, “We are really excited to invest in the Southern California startup ecosystem. We see significant opportunity to help entrepreneurs realize their vision. The Skyview Capital platform allows us to hit the ground running and accelerate these new ventures. We believe that our industry expertise, operational capabilities and experience in the corporate carveout world will allow us to bring a fresh perspective to our portfolio companies.” Matt Thompson will be working with Edward Zyszkowski, Skyview Chief Technology Officer, to source and evaluate new technologies for Skyview Ventures. Mr. Zyszkowski has served as a founder, CEO, CTO, investor and corporate advisor to industry-transforming technologies.

    About Skyview Ventures
    Skyview Ventures is a wholly-owned division of Skyview Capital LLC. Skyview Ventures partners with entrepreneurs in Southern California who are developing disruptive technologies. Skyview Ventures invests in early stage businesses, where the team can leverage industry experience and its vast relationships. Current areas of focus include Digital Media, IoT, Augmented and Virtual Reality, Telecom and Software, Social Media, Fintech, HealthTech and Biotech. Skyview Ventures is based in Los Angeles, California.

    About Skyview Capital, LLC
    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed more than 25 transactions within its target market verticals. Visit www.skyviewcapital.com.

    Matt Thompson
    Skyview Ventures
    310-273-6000
    email us here

  • Samsung’s Rich Communications Service Is Compatible With Other RCS Clouds

    HIGHLIGHTS

    • The RCS services support required Android Marshmallow and later
    • Samsung’s service and Google’s Jibe use same Universal Profile
    • Samsung acquired the RCS arm last year

    Read original Gadgets360 article by Shekhar Thakran here: https://m-gadgets-ndtv-com.cdn.ampproject.org/c/m.gadgets.ndtv.com/telecom/news/samsungs-rich-communications-service-is-compatible-with-other-rcs-clouds-1665016?amp=1&akamai-rum=off

    Samsung has announced that the company is expanding its Rich Communications Services (RCS) with its recently-acquired NewNet Communication Technologies RCS arm. The South Korean company has said that its RCS service is a complete end-to-end solution that includes an interconnectivity hub among operators and a third-party monetization platform.

    The company says that its RCS cloud service will allow mobile network operators to quickly launch the service and “avoid the costly and time-consuming efforts of building their own network infrastructure,” in its press release. As per Samsung, its RCS hub will support and simplify the interconnectivity between itself, RCS-enabled operators, and third-party RCS clouds to allow for the same service ubiquity for users as SMS and MMS.

    Apart from the provision of interconnectivity hub, Samsung’s RCS service includes RCS-enabled devices, native/ downloadable device clients, and cloud-based RCS application servers.

    “Samsung’s RCS solution is compliant with the latest GSMA RCS specifications. As a standards-based solution, it will be a true messaging evolution post SMS/MMS, making it possible to achieve a global footprint very quickly,” the company said in its release.

    The company is currently working with several network provider partners including Deutsche Telekom, KT, SK Telecom, T-Mobile, and Vodafone to improve the availability of the RCS messaging. “To suit each partner’s specific needs, the solution is offered not only as a full packaged partnership but also in a variety of modular options. More partners are expected to join in the near future,” it said.

    As per the company, its RCS solution will be supported by the Samsung smartphones running Android 6.0 Marshmallow or later. “The GSMA aligned the mobile industry behind a single, Universal Profile for advanced RCS messaging and we have already seen a number of significant operator launches,” Alex Sinclair, Chief Technology Officer at GSMA, was quoted as saying.

    Since Samsung’s service is using the same Universal Profile as Google’s Jibe service is, presumably users on both platforms will be communicate with each other once the services are implemented fully, points out Android Police.

    Google recently announced that the company has partnered with 27 carriers and device manufacturers available worldwide, who have now launched RCS (Rich Communications Services) for Android users with the search giant.

     

  • Skyview Capital sells Syncplicity to Axway

    LOS ANGELES, CA – February 24, 2017 – Skyview Capital today announced that it has completed the sale of Syncplicity, a leading enterprise file sync and share (EFSS) solution that provides users with the experience and tools they need for secure collaboration, to Axway (Euronext: AXW.PA). Skyview Capital acquired Syncplicity from EMC Corporation in 2015.

    Under Skyview Capital’s ownership, Syncplicity has emerged as the leader of the hybrid enterprise file sync and share (EFSS) market.  In 2016 the company successfully secured and deployed a number of key large accounts highlighted by the largest EFSS deployment in the world with Siemens AG for 350,000 employees. Syncplicity’s solutions are deployed in a wide range of industries including retail, manufacturing, financial services, higher education, and health sciences.  In 2016, Syncplicity was positioned as a leader in the Forrester Wave™: Enterprise File Sync And Share Platforms, Hybrid Solutions, Q2 2016.  Syncplicity is also positioned as a visionary in the Magic Quadrant for Enterprise File Synchronization and Sharing. Syncplicity was ranked number 1 for IT Modernization by the Gartner EFSS critical capabilities report.

    “We are exceptionally proud to have partnered with Syncplicity during a time when the entire organization delivered remarkable operational, technological, and financial results,” said Alex Soltani, Chairman of both Syncplicity and Skyview Capital. “Part of our underlying thesis in acquiring Syncplicity was its unique and market differentiating, hybrid cloud approach which has proven to be instrumental to global enterprises in their digital transformation efforts. Axway and Syncplicity present a highly complementary fit which will only further enhance value to customers, and we remain confident in Syncplicity’s continued growth strategy and unique position in the market. Finally, this initial investment and current exit represents yet another strong return for Skyview Capital, further solidifying our consistent ability to significantly increase value in the companies which we acquire.”

    Union Square Advisors served as the exclusive financial advisor to Skyview Capital in this transaction.

    About Skyview Capital, LLC

    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed over 25 transactions within its target market verticals. Visit www.skyviewcapital.com.

    About Syncplicity
    Syncplicity is the leading hybrid enterprise file sync and share and mobile collaboration solution that provides users with the experience and tools they desire and gives IT the security and control it needs, while significantly reducing infrastructure cost. Some of its customers include Siemens AG, Texas A&M University, EMC Corporation, State of Indiana, the Associated Press and the Boston Red Sox. Visit www.syncplicity.com.

    About Axway

    Axway (Euronext: AXW.PA) is a catalyst for transformation. With Axway AMPLIFY™, our cloud-enabled data integration and engagement platform, leading brands better anticipate, adapt and scale to meet ever changing customer expectations. Our unified, API-first approach connects data from anywhere, fuels millions of apps and delivers real-time analytics to build customer experience networks. From idea to execution, we help make the future possible for more than 11,000 organizations in 100 countries. To learn more about Axway, visit www.axway.com.

    Press Contact

    Matt Oehlmann

    Moehlmann@skyviewcapital.com

    (310) 273-6000

  • Axway announces the acquisition of Syncplicity

    Leader in secure collaboration and file sharing to join Axway in advancing the digital workplace without borders

    PARIS – February 22, 2017 – Axway (Euronext: AXW.PA), a catalyst for transformation, today announced the all-cash acquisition of Syncplicity, a leading enterprise file sync and share (EFSS) solution that provides users with the experience and tools they need for secure collaboration. With the acquisition of Syncplicity, Axway will be able to further enhance the Axway AMPLIFY™ platform to transform the way modern enterprises collaborate and innovate across digital ecosystems and further heighten engagement with customers, employees and partners

    Syncplicity, located in the heart of Silicon Valley, was founded in 2007 and was owned by global investment firm Skyview Capital. More than 25,000 businesses and individuals across a wide variety of verticals rely on Syncplicity’s enterprise-grade file sync and share solutions to get more business value from their data within applications, databases or files, whether stored on-premise or in private or public clouds.

    “As businesses continue to collaborate using cloud-based tools, it’s imperative that file exchanges and synchronization between individuals is a secure and seamless experience,” said Jean-Marc Lazzari, CEO at Axway. “Together, Axway and Syncplicity will create a one stop shop for digital shared services.”

    “Syncplicity’s EFSS expertise and product excellence will complement Axway MFT solutions perfectly by encouraging and supporting greater collaboration among employees, partners and customers,” said Jonathan Huberman, CEO at Syncplicity. “The Syncplicity team is proud to join Axway to create the best possible outcomes for our customers.”

    The details of the transaction are not made public.

    To learn more about the acquisition and what it means for your business, click here.
    Follow @Axway for additional information.

    About Axway
    Axway (Euronext: AXW.PA) is a catalyst for transformation. With Axway AMPLIFY™, our cloud-enabled data integration and engagement platform, leading brands better anticipate, adapt and scale to meet ever changing customer expectations. Our unified, API-first approach connects data from anywhere, fuels millions of apps and delivers real-time analytics to build customer experience networks. From idea to execution, we help make the future possible for more than 11,000 organizations in 100 countries. To learn more about Axway, visit www.axway.com.

    About Syncplicity 
    Syncplicity is a leader in secure file sharing and collaboration solution. Over 25,000 businesses and individuals rely on us to deliver secure solutions with exceptional performance. We are proud to employ Silicon Valley’s best talent—people who are dedicated to, and even a bit obsessed with, redefining file sharing and revolutionizing the way we work. By leveraging our resources and inspiring our employees, we will continue to reinvent enterprise file sharing and collaboration through rapid product release and innovative design. To learn more about Syncplicity, visit www.syncplicity.com.

    About Skyview Capital, LLC
    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed over 25 transactions within its target market verticals. Visit www.skyviewcapital.com

    Press Contacts
    Sylvie Podetti
    Financial Communications,  Axway
    spodetti@axway.com
    +33 (0)1 47 17 22 40
    Patrick Gouffran
    Investor Relations, Axway
    pgouffran@axway.com
    +33 (0)1 40 67 29 26

  • Digital Fuel Announces Growth Initiatives

    Read original article here: http://www.prweb.com/releases/2016/10/prweb13795548.htm

    LOS ANGELES, CA (PRWEB) – Digital Fuel SV, LLC (“Digital Fuel”) co-sponsored the IQPC IT Financial Management Conference in San Francisco on October 24th and 25th.

    Digital Fuel is the leader in the rapidly growing IT Business Management (ITBM) sector, which provides software solutions that help CIOs, IT Managers, and Finance Managers oversee IT spending and budgets.  ITBM provides IT leaders with capabilities to manage their costs and services while also demonstrating the value provided.

    During the IQPC IT Financial Management Conference and in their show booth, Digital Fuel has announced several growth initiatives. The initiatives include:

    • Aggressive Hiring — Digital Fuel has hired additional Product and Sales staff including Brett Arnott, Director of Product Marketing and Management. Brett had previously worked in the Digital Fuel unit at VMware. Brett says of his new role, “I’m very excited to join the new Digital Fuel. I see a lot of opportunities to service Fortune-1000 and SMBs with their IT Business Management needs.” Digital Fuel is also actively hiring additional Sales professionals to ramp up customer growth.
    • New Logo and Branding — Digital Fuel commissioned a new logo that has been deployed on digitalfuel.com and on social media.
    • New Software release in fourth quarter 2016 — The new release will include improved usability, new branding, enhanced pdf export capabilities, and upgraded reporting.
    • Additional Channel Partners. Digital Fuel is actively bringing on additional Channel Sales partners to expand sales initiatives globally.
    • Inorganic Growth. Digital Fuel is also evaluating acquisition opportunities to add new capabilities and adjacent technologies.

    Since acquisition, Digital Fuel has brought on several key team members. Rick Bigelow has joined as Chief Operating Officer and General Manager. Rick was previously CEO of Skyview Capital Portfolio Companies Mimio LLC and Integrated Microwave Technologies.

    Digital Fuel has emerged as an industry leader in the ITBM sector, selling to blue-chip enterprise customers across multiple end markets including Financial Services, Government, Education, and Healthcare. The business has helped customers optimize their IT spend and realize significant cost savings, while being more responsive to internal customer needs. Digital Fuel provides Cost Transparency, Service Level Management, and IT Benchmarking modules. Digital Fuel sells software licenses, SaaS subscriptions, and professional services to Fortune-1000 enterprises globally. Digital Fuel provides the granularity and accuracy which other systems lack. This level of detail allows enterprises to reliably perform customer chargebacks, budgeting & planning, accurate cost optimization insights, and robust IT Financial management activities.

    “We are excited to grow the features and functionality of the Digital Fuel product suite. We are aggressively targeting new use cases for our software to help our customer base meet their financial and IT goals” said Rick Bigelow, chief operating officer and general manager of Digital Fuel.

    “Digital Fuel will be releasing exciting new usability and modularization features over the coming quarters addressing key needs in the market segment, and further positioning us as the technology leader in the space” said Jason Nienaber, SVP of sales and marketing at Digital Fuel. “We are seeing strong demand from our Service Integrator and Reseller partners, including a significant interest from new channels who want to be part of our strategy to scale globally with regional focus. There is a growing need for our solution in the Enterprise and SMB space when you appreciate the pressure they face to optimize IT portfolios, and respond swiftly to Cloud strategies.”

    About Skyview Capital, LLC 
    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed over 25 transactions within its target market verticals. Visit http://www.skyviewcapital.com.

    About Digital Fuel SV, LLC  
    Digital Fuel is an IT Business management (ITBM) tool that provides transparency and control over the costs of cloud environments and quality of IT services. Its suite of products allow businesses to optimize costs and sourcing across internal virtual infrastructure/private cloud and public cloud.  Infrastructure teams use Digital Fuel to understand the costs of supplying private and public cloud environments, while CIOs and IT executives can understand the costs of supplying IT services.

    For additional information, please contact Public Relations at Digital Fuel
    (925) 997-2557
    PR(at)digitalfuel(dot)com

    Stay connected with Digital Fuel by following our LinkedIn Account at https://www.linkedin.com/company/digital-fuel

     

  • The New Digital Fuel Recognized in Most Recent Gartner and Forrester IT Business Management Reports

    Read original article here: https://world.einnews.com/pr_news/354576177/the-new-digital-fuel-recognized-in-most-recent-gartner-and-forrester-it-business-management-reports

    LOS ANGELES, CALIFORNIA, UNITED STATES, November 21, 2016 /EINPresswire.com/ — Digital Fuel SV, LLC (“Digital Fuel”) has been recognized in the most recent Forrester report on Technology Business Management (TBM) Solutions and the most recent Gartner report on IT Financial Management (ITFM).

    Digital Fuel is a leader in the rapidly growing IT Business Management (ITBM) sector, which provides software solutions that help CIOs, IT Managers, and Finance Managers oversee IT spending and budgets. ITBM provides IT leaders with capabilities to manage their costs and services while also demonstrating the value provided.

    On September 29, 2016, Gartner released its Market Guide for IT Financial Management, where Digital Fuel was recognized as a pure play vendor in the ITFM sector.

    On October 31, 2016, Forrester released its Vendor Landscape report on the TBM Solutions market, where the new Digital Fuel is mentioned as a TBM vendor with broad focus in the marketplace.

    Brett Arnott, Digital Fuel Director of Product Management and Product Marketing says of the recent coverage, “Establishing our new independent identity as Digital Fuel is extremely important for our success. So we are excited to be recognized by these respected analysts. Expect to see much more of the Digital Fuel brand as we build awareness in this dynamic marketplace.”

    Digital Fuel will be issuing IT Business Management Suite Version 8.5 in December 2016. Brett Arnott says of the release, “This release is very important because it is our first release as Digital Fuel. With this release, we demonstrated the speed at which we can bring new solutions to market. We will maintain this new pace to quickly bring highly valuable and innovative solutions to our current and future customers.”

    Digital Fuel has emerged as an industry leader in the ITBM sector, selling to blue-chip enterprise customers across multiple end markets including Financial Services, Government, Education, and Healthcare. The business has helped customers optimize their IT spend and realize significant cost savings while being more responsive to internal customer needs. Digital Fuel provides Cost Transparency, Service Level Management, and IT Benchmarking solutions. Digital Fuel sells software licenses, SaaS subscriptions, and professional services to Fortune-1000 enterprises globally. Digital Fuel provides the openness, certainty and flexibility which other systems lack. This allows enterprises to perform customer chargebacks, budgeting & planning, and cost optimization with confidence and credibility.

    Digital Fuel COO and General Manager, Rick Bigelow, says of the release, “Digital Fuel is investing time and resources to make the product and user experience world-class. We have a big opportunity to grow Digital Fuel in 2017 so we are considering many options that will help us accelerate our growth.”

    About Skyview Capital, LLC
    Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed over 25 transactions within its target market verticals. Visit www.skyviewcapital.com.

    About Digital Fuel SV, LLC 
    Digital Fuel is an IT Business management (ITBM) tool that provides transparency and control over the costs of cloud environments and quality of IT services. Its suite of products allows businesses to optimize costs and sourcing across internal virtual infrastructure/private cloud and public cloud. Infrastructure teams use Digital Fuel to understand the costs of supplying private and public cloud environments, while CIOs and IT executives can understand the costs of supplying IT services.

    For additional information, please contact Public Relations at Digital Fuel at (925) 997-2557 or via email at PR@digitalfuel.com .
    Stay connected with Digital Fuel by following our LinkedIn Account at https://www.linkedin.com/company/digital-fuel

    Brett Arnott
    Digital Fuel
    925 997 2557
    email us here

     

  • xG Technology, Inc. Pays Off Debt from IMT Acquisition

    Read original article here: http://www.prnewswire.com/news-releases/xg-technology-inc-pays-off-debt-from-imt-acquisition-300391777.html

    SARASOTA, Fla.Jan. 17, 2017 /PRNewswire/ — xG Technology, Inc. (“xG” or the “Company”) (Nasdaq: XGTI, XGTIW), a leader in providing critical wireless communications for use in challenging operating environments, announced today that the Company has paid off debt incurred from the acquisition of Integrated Microwave Technologies (“IMT”) and earlier than required in the original acquisition agreement.

    xG completed the $3MM acquisition of IMT on January 29th, 2016 using debt financing from the seller, Skyview Capital, LLC (“Skyview”).  xG subsequently recorded a bargain purchase gain on the acquisition of approximately $2.7MM after receiving an independent valuation of the assets acquired. The original agreement required payoff of the debt over the following eighteen months. xG made the final payment on the outstanding debt and, as such, the obligation to Skyview has now been paid in full.

    Roger Branton, CFO said, “We wish to formally thank Skyview and its principals for their professionalism in working with us over the past year on the transaction.”

    About xG Technology, Inc.

    Founded in 2002, xG Technology has developed technologies that enable always-available, always-connected and always-secure voice, broadband data and video communications. The company’s brand portfolio includes xMax and Integrated Microwave Technologies (IMT).

    xMax is a patented all-IP, software-defined cognitive radio network that delivers mission-assured wireless connectivity in any RF environment. It provides a solution to the challenges of interoperability, survivability and flexibility in expeditionary and critical communications networks. xMax incorporates advanced optimizing technologies that include spectrum sharing, interference mitigation, multiple-input multiple-output (MIMO) and software defined radio (SDR), making it ideal for wide area, as well as rapid emergency communication deployment in unpredictable environments and during fluid situations. xMax offers solutions for numerous industries worldwide, including military, emergency response and public safety, telemedicine and critical infrastructure.

    IMT is a leading provider of mission-critical video solutions, advanced digital microwave systems and engineering, integration, installation and commissioning services serving the Broadcast, Sports & Entertainment and MAG (Military, Aerospace & Government) markets. Since its inception, IMT has focused on building a product portfolio that incorporates a high level of performance, reliability and build quality, extended operating ranges and compact form factors. IMT’s product lines include digital broadcast microwave video systems, compact microwave video equipment for licensed and license-free sports and entertainment applications, and wireless video solutions designed for use by state, local and federal police departments. More information on IMT can be found at www.imt-solutions.com.

    Based in Sarasota, Florida, xG has over 100 patents and pending patent applications. xG is a publicly traded company listed on the NASDAQ Capital Market (symbol: XGTI) For more information, please visit www.xgtechnology.com

    Cautionary Statement Regarding Forward Looking Statements

    Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties.  These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target”, “intend” and “expect” and similar expressions, as they relate to xG Technology, Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company’s actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.

    For More Information:

    Daniel Carpini
    xG Technology
    daniel.carpini@xgtechnology.com
    (941) 953-9035

    SOURCE xG Technology, Inc.

    Related Links

    http://www.xgtechnology.com

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