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February 8, 2018

By Hadley Harris, Founding General Partner


TapCommerce Founders Brian Long & Andrew Jones announce Attentive’s $13M Series A.

We’re super excited to announce that our portfolio company Attentive is coming out of stealth today and has closed a $13M Series A led by our friends at Bain Capital Ventures. This is especially exciting for us because this is the first time we’ve backed a founding team for the second time. In 2013, Eniac Ventures led a seed round for TapCommerce, a mobile retargeting startup, that was founded by Brian Long and Andrew Jones. They built an amazing team that we thoroughly enjoyed working with, and it wasn’t long before TapCommerce was the clear leader in mobile retargeting. Then after less than two years, the company was acquired by Twitter for $100M — all their blood, sweat and tears led to a nice outcome.

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January 25, 2018

By Vic Singh, Founding General Partner


Why we led a $3MM round with the most promising Esportspreneur.

Eniac is getting in the game with Esports One! We are excited to announce we’ve co-led their $3MM seed round with XSeed Capital. Esports One, the brainchild of “Esportsprenuer” Matt Gunnin, has coupled their proprietary computer vision technology with machine learning and custom datasets, creating real-time modules that are reshaping the way fans can watch and engage with esports. The financing will support the team ramp up operations and continue hiring.

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November 27, 2017

By Nihal Mehta, Founding General Partner


We need your help in saving Net Neutrality. It is the internet’s guiding principle: It preserves the people’s right to communicate freely online. Net Neutrality means an internet that enables and protects free speech, that Internet Service Providers shouldn’t block any applications that use those networks.

Without Net Neutrality, cable and phone companies could carve the internet into fast and slow lanes. An ISP could slow down its competitors’ content or block political opinions it disagreed with. ISPs could charge extra fees to the few content companies that could afford to pay for preferential treatment — relegating everyone else to a slower tier of service. This would destroy the open internet.

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November 9, 2017

Eniac Ventures has grown!

November 9, 2017

By The Eniac Partners


In many years in the industry helping our founders grow their own businesses and find success, we’ve continued to look for ways to be more strategic, improve processes, streamline efforts and help our portfolio get the support they needed outside traditional term sheets and cap tables.

We care about the people we invest in and with our latest fund, we’ve launched the Eniac Platform. It was born because we want our founders to focus on making their product the best in the world, and to make that happen, we are offering to provide hands-on support ranging from recruiting, operational resources, business development, exclusive networking, marketing and PR and fundraising advisory — rare resources for a seed-stage firm. But coming from our diverse backgrounds of starting and scaling companies each ourselves, we know what it is like to be stretched dangerously thin and scrambling for reliable resources. We want to offer our founders the best possible experience, we want them to succeed.

November 6, 2017

By Vic Singh, Founding General Partner, Eniac Ventures


Eniac is excited to lead Pienso’s seed round with our friends at SoftTech. Founded by seasoned MIT graduates, Birago Jones and Karthik Dinakar, Pienso is making machine learning accessible to enterprise domain experts who don’t have the requisite data science experience. As corporations heavily invest in big data lake initiatives to glean insights into their business, domain experts find it challenging to communicate their requirements to data scientists, often times those requirements get lost in translation.

Enter Pienso, a startup that has built a proprietary method called Lensing which uses machine learning to cluster data through an intuitive UI that domain experts (researchers at pharma companies, analysts at energy corporations, intelligence analysts etc.) can access directly to make sense of the copious data across the enterprise.

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October 23, 2017

Why we’re betting on Zero

October 23, 2017

By Tim Young, Founding General Partner

Money is universal. But how we use it says a lot about us. According to Facebook IQ Insights, 49% of millennials prefer mobile banking. Nobody has time for disjointed checking and savings accounts, separate credit cards with high APR’s and confusing (and sometimes costly) rewards programs. Our experiences are now instant, easy and, most importantly, connected, and so should our money.

Enter Zero, the company that aims to replace traditional consumer credit, debit and checking ecosystem. Today, the company announced the close of their $8.5M seed round, which supports the San Francisco-based company to continue to scale as quickly as their 150,000+ waiting list.

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October 18, 2017

The API is the new APP

October 18, 2017

By Nihal Mehta, Founding General Partner


Today, we’re excited to announce our investment in Alloy, an API for identity. And let’s face it, the API is the new APP. We’ve been witness to other API-centric companies like Cloudflare, Factual, Foursquare, mParticle, Sendgrid, Shopify, Stripe, Twilio, and many more, all scaling faster than any company has done have before, leveraging what the API is good for- lightweight, frictionless, self-serve and powerful- to millions of customers.

One of the things Alloy solves what many of us have experienced: applying for a credit card and getting a rejection letter in the mail three weeks later. Alloy’s API enables financial institutions like credit cards the ability to generate real-time decisions so that banks can provide approvals in seconds, increasing customer satisfaction and reducing churn and brand degradation. And that’s just one of the company’s first use cases and initial customer verticals through their robust API.

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October 13, 2017

By Tim Young, Founding General Partner, Eniac Ventures


Today, we are excited to announce that Eniac Ventures has led a $3.6 million seed stage fund for Visual Vocal, a leading AR/VR productivity platform for team collaboration. The fund aims to scale the company by driving continued product innovation, growing the enterprise customer base and attracting top talent.

The continued advancements in AR and VR are rapidly changing the way we approach the world. We believe that AR will revolutionize how we interface with computing resources. As demonstrated by the buzz of this week’s Oculus Connect in San Jose, there is mounting excitement and a bright future for the crops of new companies paving the way for immersive games and sports experiences. The Eniac Team also believes that VR, AR, and AI technologies will push the boundaries on how businesses operate, collaborate and go to market in the next five to 10 years. We look to work with founders and companies, such as Visual Vocal, that are leading this charge.

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May 23, 2017

By Hadley Harris, Founding General Partner


Today we are incredibly excited to announce the Eniac-led $2.5M seed round and launch of Embrace.iothe first platform to provide performance feedback for mobile. At Eniac we all cut our teeth as developers and operators and spent many hours praying for a solution like Embrace. Other sectors had tools like New Relic and AppDynamics but in the mobile world once you publish your app you are blind to everything but crashes. This has been a major thorn in the side for the mobile ecosystem, so why are we all in on Embrace?

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February 10, 2016

Why We Invested in Anchor

February 10, 2016

By Hadley Harris, Founding General Partner, Eniac Ventures


Today we’re excited to announce our investment in Anchorwhich launched todayAnchor is a social audio platform that lets users effortlessly create “waves”, short bits of audio content. Users can also listen to waves by creator, hashtag or category and reply to create an interactive conversation.

It looks like we weren’t alone in loving the concept of Anchor. Apple is featuring it as the #1 Best New App and Anchor spent a whole day as the #1 overall product on Product Hunt! You can’t ask for a better launch!!!

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