News
High Peaks’ 2010 Annual “Peak Pitch” Event
Monday, February 8th, 2010
Troy, NY – High Peaks Venture Partners announces its fourth annual New York Peak Pitch event to be held Friday, March 12th at Hunter Mountain. Peak Pitch brings entrepreneurs and investors from across New York State together for a unique version of the classic “elevator pitch.” In the traditional elevator pitch, entrepreneurs take advantage of an unexpected opportunity to share an elevator ride with a potential investor and present their business idea. At Peak Pitch, a shared chairlift ride is substituted for the elevator, giving entrepreneurs the opportunity to pitch their business plans to venture capitalists and other private investors as they ride up the mountain together. Last year’s Peak Pitch was a great success, with more than 60 CEO’s and investors participating.
“Peak Pitch is a really unique event in that it offers investors and entrepreneurs a productive way to make a large number of connections in a fun and casual environment,” said Russ Howard, Managing Director at High Peaks Venture Partners. “Each year the attending CEO’s have been very pleased with the valuable connections they made and the advice they received from experienced investors. The venture capitalists also get a lot out of the event by being able to quickly meet and review a variety of new deals that they otherwise might not have found,” added Howard.
Peak Pitch is a series of networking events organized by local Village Ventures affiliate funds to support entrepreneurial communities across New York, Massachusetts, Maine, New Hampshire and Vermont. Peak Pitch NY is hosted by High Peaks Venture Partners and sponsored by the law firms of Duane Morris, Nixon Peabody and Phillips Lytle and the insurance agency Parmele, McDermott, and Thomas.
More information and registration details on Peak Pitch ’10 are available at www.peakpitch.com or by contacting Christy Douglas at 518-720-3090 or christy@hpvp.com or Russ Howard at 518-720-3090 or russ@hpvp.com
Sponsors:
HPVP Announces Successful Sale of Soft Sight, Inc. (d/b/a Threadsmith) to Vistaprint (NASDAQ: VPRT)
Thursday, January 7th, 2010High Peaks Venture Partners is pleased to announce that Endicott, NY based Soft Sight, Inc. (which does business under the name Threadsmith.com), a High Peaks portfolio company funded in early 2008, has been acquired by Boston-based Vistaprint (NASDAQ: VPRT) in an all cash transaction. The deal closed on December 30, 2009. While financial details of the transaction have not been disclosed, the deal generated an excellent outcome for HPVP, with a high double digits annualized return rate. (more…)
The NewsMarket Closes Medialink Acquisition
Wednesday, September 30th, 2009Positions Company for Aggressive Growth in Evolving Global Video Market
NEW YORK, September 29, 2009 – The NewsMarket (www.thenewsmarket.com), the innovative worldwide distributor of video marketing services, today announced the completion of the previously announced acquisition of Medialink Worldwide Incorporated (NASDAQ: MDLK), creating the global leader in the creation, execution and distribution of video-based marketing services. Investors in the privately held company include Softbank, Hearst Interactive Media, Battery Ventures, Apax Partners and High Peaks Ventures. (more…)
38,000 College Students to Save $3 Million Utilizing Flat World Knowledge Open Source Textbooks in Fall 2009 Semester
Monday, August 24th, 2009Flat World Knowledge Reduces Average Textbooks Costs By 80 Percent, Leads the Race to Deliver Affordable Higher Education Learning Materials
High Peaks Venture Partners’ portfolio company, Flat World Knowledge, the leading publisher of commercial open source college textbooks, today reported a dramatic increase in the number of colleges and classrooms adopting its textbooks. . This Fall semester, 38,000 college students at 350 colleges are enrolled to utilize Flat World textbooks, up from only 1,000 in Spring 2009 at 30 colleges. (more…)
TxVia Raises $15.5M in Series C Financing
Monday, July 27th, 2009TxVia has announced it has raised $15.5 million in Series C financing, led by Bain Capital Ventures. Also participating were all current institutional investors, including Espírito Santo Ventures, High Peaks Venture Partners and Village Ventures. New York City Investment Fund joined as a new co-investor. (more…)
The NewsMarket to Acquire Medialink (NASDAQ: MDLK)
Thursday, July 2nd, 2009Strategic Transaction Increases the Company’s Market Share, Content Archive and Service Offerings.
NEW YORK, NY–(Marketwire – July 1, 2009) – The NewsMarket (www.thenewsmarket.com) today announced that it has entered into a definitive agreement and plan of merger with Medialink Worldwide Incorporated (NASDAQ: MDLK).
The NewsMarket will acquire all of the outstanding shares of Medialink’s common stock at a price of $0.20 per share in cash. Once approved by Medialink’s shareholders, Medialink’s employees and services will be combined under The NewsMarket, Inc. This transaction combines The NewsMarket’s digital video distribution platform with Medialink’s professional services and production capabilities to create a complete video solution for corporate customers. (more…)
Applied NanoWorks Changes Name to Auterra, Inc.
Thursday, April 16th, 2009Originally founded as a nano-materials technology company, Auterra has expanded its work into advanced chemical processes. The company is targeting the flame retardant additives and the oil refinery catalyst markets with its first products from the trademarked Molecular Control Process. The company also recently relocated to the Saratoga Technology + Energy Park, more than doubling Auterra’s lab and office space.
The full article in The Business Review can be found here.
High Peaks Closes Investment in Revolutionary Education Publisher; Flat World Knowledge, Inc.
Tuesday, March 31st, 2009Troy, New York, March 25, 2009 – High Peaks Venture Partners is pleased to announce the closing of an $8M Series A financing of Flat World Knowledge (FWK) in concert with syndicate partners Valhalla Partners and Greenhill SAVP. (more…)
Annual Peak Pitch Event Drew Entrepreneurs and Venture Capitalists from Around the State to Meet on the Chairlift at Hunter Mountain
Tuesday, March 3rd, 2009
The third annual Peak Pitch event, hosted by High Peaks Venture Partners, took place last Friday, February 27th, at Hunter Mountain in the Catskills. This year’s event drew more than 50 CEO’s, entrepreneurs and Venture Capital investors together on the slopes. (more…)
Apprenda Releases SaaSGrid
Tuesday, December 2nd, 2008Albany, NY December 2, 2008 — Today, Apprenda announced the release of its Software as a Service (SaaS) platform SaaSGrid™, the world’s most powerful technology and business platform for independent software vendors (ISVs) pursuing the SaaS delivery paradigm. (more…)
