Battery Ventures: Portfolio: Seed/Early Stage

Current Investments		IPOs and M&As
	World's fastest field programmable gate arrays		Acquired by Symantec
	Solar cell and module manufacturer		Acquired by Cisco Systems
	Enterprise mobility solutions		IPO (AKAM) 10/29/99
	Signal processing solutions for memory		IPO (ALGX) 7/1/98
	Products for network security performance		Acquired by U.S. Robotics Corporation
	High-bandwidth cable and fiber optic transmission systems		Acquired by Davox Corporation
	IPO (BLOG) 7/25/07		IPO 10/29/99
	Light management products for display applications		Acquired by Motorola
	Telephony switches for the cable market		IPO (CBEY) 11/10/05
	SaaS procurement solution targeting small & mid-size business		Acquired by InterContinental Exchange
	Online personalization and serialization		IPO 7/28/99
	Account origination and portfolio management services		IPO (HNCS) 6/21/95 See the Case Study
	Online video advertising infrastructure		IPO (SEEK) 6/11/96
	Time Temperature Indicator technology		Acquired by EMC
	Voice services in telephone networks		Acquired by Cypress Semiconductor
	Next generation battery technologies		IPO (NWK) 6/12/89
	Social media ad monetization platform		IPO (PXLW) 5/19/00
	Large-die LEDs for displays and solid-state lighting		Acquired by Nortel
	IPO (PCS) 4/19/2007		Acquired by Siemens AG
	Wireless Infrastructure Management software		Acquired by Siemens
	Transaction solutions for mobile commerce		Acquired by Motorola
	Nano-based electronic cooling technology		IPO (SSYS) 10/20/94
	Solutions for remote access, security and authentication		Acquired by Ariba
	IPO (NZ) 7/20/07		Acquired by Mentor Graphics
	Proprietary mixed-signal semiconductors		Acquired by American Tower
	IPO (OPTM) 10/27/06		Acquired by Viewlogic
	Online trading platform for physical goods and services		Acquired by Nextlink
	Financial supply chain services		Acquired by Level 3 Communications
	High performance materials and semiconductor packaging solutions		Acquired by Novell
	Online entertainment network for students and education
	Internet-based ad agency for small businesses
	Power electronics for renewable technologies
	High flux membranes for purification, filtration, and desalination
	A biofuels technology company
	24-hour cable television network
	Non-cash online payment company
	IPO (VRAZ) 4/5/07
	The world’s most photo-realistic online golf experience