By: Baiyin Zhou and Luke Burns — As software continues eating the world, it has certainly changed the recruiting department in a big way. We aren’t the only investors excited about investing in and supporting this space – more than $1 billion was poured into HR technology in 2017. HR Tech: A Brief History Modern […]
Today is an exciting day for us as CloudBees announced their acquisition of our portfolio company Codeship. We are thrilled for Mo, Manny, and the rest of the team as they join forces with one of the leading companies in DevOps. Codeship and CloudBees are extremely complementary, and together they form a complete product offering […]
Ascent Portfolio company Codeship was recently ranked as a Top 5 Continuous Integration Vendor by Forrester’s Wave™ report, surpassing competitors like IBM, Atlassian, and JetBrains (see the report here: Forrester Wave Report on Continuous Integration tools). According to Forrester, Codeship excelled due to its product vision and execution for the Codeship Pro product and the company’s overall market […]
The topic of artificial intelligence (AI) is red hot and dominates the headlines for much of the daily tech news cycle. There’s been some intriguing (and attention grabbing) themes running between these headlines including the potential for AI to end humanity (which included a public feud between Elon Musk and Mark Zuckerberg). Another key theme […]
About 18 months ago, we led the Series B investment round in Sidecar Interactive. We were excited to back Andre and his vision for applying advanced analytics and machine learning to transform the ecommerce ad market. Since our investment, Sidecar’s business has exploded as they tripled recurring revenue in 2016 while acquiring leading brands such […]
Augmented reality and virtual reality (AR/VR) are arguably technology’s next big thing. Recent research from IDC reports the AR/VR market will reach $162 billion within four years, representing an impressive 181.3 percent compounded annual growth rate. Additionally, Gartner’s latest emerging technologies Hype Cycle plots AR and VR on the “Slope of Enlightenment.” AR and VR […]
I’m thrilled to announce Ascent’s newest portfolio company, Codeship, a leader in continuous integration and continuous delivery. The company offers a cloud-based platform for developers to automate the laborious process of testing and deploying software updates quickly, reliably and securely. Codeship is 100% SaaS-based, providing the ease of trial and ease of use that is […]
This is an exciting day as Cisco announced its intent to acquire our portfolio company CloudLock (read more here). It’s a story that warrants celebration, especially in the Boston-area, where it is another example of Massachusetts’ global leadership in the IT security ecosystem. Since its founding in 2011, CloudLock has grown to be at the forefront […]
There’s no denying that machine learning and artificial intelligence (AI) are invading the enterprise at warp speed. Almost every industry is affected by the technology, and the innovation it inspires is fascinating. According to Gartner, machine learning is one of the top 10 strategic technology trends for 2016. Most of us are already — often […]
Machine learning, a method of data analysis that automates analytical model building, is at the top of the “hype curve” for emerging technologies and is one of the top 10 strategic technology trends for 2016, according to Gartner. It’s safe to say that most of us are already interacting with machine learning applications on a […]
