SJF Invests in EnTouch and Expands Team: SJF Ventures Bulletin

 

 

 

We are delighted to share SJF’s latest bulletin.  SJF Ventures has invested in EnTouch Controls, participated in a $105 million follow-on financing of eRecyclingCorps, and added new team members.  In addition, the bulletin provides updates on portfolio companies, news on upcoming events, and a recognition of an SJF investor.

 

Sincerely,

The SJF Team

NEW INVESTMENTS

sjf Invests in EnTouch 

 

sjf Ventures has led an $8.25 million financing of EnTouch Controls.  Based in Richardson, TX, the company’s technology helps national restaurant and retail chains, franchise owners, and schools reduce energy costs and remotely manage facilities. “Significant investment has gone into energy management systems for large buildings and for homes, but very little into solutions for small retail facilities,” noted Dave Kirkpatrick, SJF Managing Director.  “EnTouch’s system utilizes the latest wireless and machine-to-machine technologies to deliver immediate energy savings and enterprise-level SaaS analytics for facility and equipment management.”


The SJF-led equity financing was joined by NRG Energy, Inc. and previous EnTouch investor Trailblazer Capital.  An expanded credit line was provided by Comerica Bank.  For more details, please read the press release.  EnTouch is now hiring for a VP of Sales and Marketing.  More information.

 

PORTFOLIO NEWS

eRecyclingCorps Announces Series C Financing

 

eRecyclingCorps announced a $105 million Series C financing.  Silver Lake Kraftwerk joined current investors Kleiner Perkins Caufield & Byers, OpenAir Equity Partners, SJF Ventures, NGEN Partners RRE Ventures and TAP Advisors.  This investment will provide growth capital to support potential acquisitions, geographic expansion and new, innovative products and services for its customers.  Founded in 2009 with original investments from OpenAir Equity Partners and SJF Ventures to provide a scalable model to repurpose and reuse perceptually obsolete devices, ERC partners with global wireless carriers and retailers to provide instant, in-store trade-in credit.  For more information, please read here

 

eRecyclingCorps’ Kelly Carnago has also been selected for the Women Who Mean Business Honor; a recognition by the Kansas City Business Journal for corporate leadership and community involvement.  For more, please click here.

 

MediaMath logo

MediaMath Recognized for Fast Growth

 

MediaMath ranked 91 on Deloitte’s Technology Fast 500, a listing of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.  The advertising demand-side platform company was also listed as the 17th fastest growing company in New York on Crain’s 2013 Fast 50 list. 

Think Through Learning Receives High Marks

 

Think Through Math has been named one of the ten finalists in the “cool tools” category of the Ed Tech Digest awards.  It has also been named a “Readers’ Choice Top 100 Product” by District Administration Magazine.  For more, please read about the award andmagazine story

Community Energy

CEI’s Temple University Project Featured

 

Community Energy’s new solar project at Temple University was featured on the CBS evening news.  To watch the video, click here.

 

TEAM UPDATES

SJF Welcomes Daniel Geballe and 

Daniel Robinson

 

Daniel Geballe has joined as an Associate in the San Francisco Bay Area office.  Prior to SJF, Dan worked for Corporation for Enterprise Development, Fisher Investments and DBL Investors.  He has a Bachelor’s Degree in anthropology and Master’s Degree in environmental management from Yale University and an MBA from the Stanford Graduate School of Business. 

Daniel Robinson has joined as a Senior Associate / Venture Fellow in the New York office.  Prior to SJF, Daniel worked with Good Energies, Opower and a stealth battery technology company.   Daniel is a graduate of Dartmouth College and holds an MBA from the Wharton School of the University of Pennsylvania.   

UPCOMING EVENTS

 

Dave Kirkpatrick will be speaking on a “Getting Your Company Funded” Panel on December 10 in Boston prior to the December 11 New England Venture Summit.  Agenda

 

Stephanie Nieman will be attending the Investors’ Circle Impact Spotlight event in New York City on December 10.  Further information.

 

FEATURED SJF VENTURES INVESTOR

ImpactAssets

 

SJF Ventures would like to thankImpactAssets for its partnership with SJF and investment in SJF Ventures III.  ImpactAssets is a financial services firm that increases the flow of capital into investments that deliver financial, social, and environmental returns.  Its donor advised fund (“The Giving Fund”), impact investment notes, and field building initiatives enable philanthropists, other asset owners, and wealth advisors to advance social or environmental change through investment.  The organization also curates the ImpactAssets 50, a list of top equity and debt impact investment managers.