HOME ABOUT US OUR TEAM PORTFOLIO NEWS & EVENTS CONTACT US LP REPORTING Internet Infrastructure Colubris Networks, Waltham, MA / Montreal, Canada Colubris Networks is a leading global provider of wireless LAN (WLAN) access solutions to enterprise and service provider customers. The award winning products from Colubris deliver seamless, secure access to broadband services and applications while integrating into existing network infrastructure, security and management systems. Colubris is the market share leader in the hospitality and aerospace segments and has equipment deployed by more than 1,500 organizations worldwide. Investment Date: January 2004 Sold to Hewlett-Packard, October 2008 GrandBanks Board Representative: Charles R. Lax Co-investors: Business Development Bank of Canada, Prism VentureWorks, Mid-Atlantic Venture Association, DCM-Doll Capital Management, Technology Development Fund Coradiant, San Diego, CA / Waltham, MA / Montreal, Canada Coradiant offers performance management appliances that transparently monitor web traffic to provide real-time insight on an end user’s experience. Coradiant’s customers include enterprise customers, software ASPs and e-commerce companies with revenue generating, financial transaction-based, mission critical web initiatives. Investment Date: January 2001 Sold to BMC Software, April 2011 GrandBanks Board Representative: Charles R. Lax Co-investors: DCM-Doll Capital Management, Desjardins Venture Capital, Miramar Venture Partners, Mesirow Financial, Fonds de solidarité FTQ SilverRail Technologies, Woburn, MA / London, U.K. SilverRail Technologies provides technology solutions for the distribution of train tickets and other rail-related products. Investment Date: August 2009 Sold to Expedia, June 2017 GrandBanks Board Representative: Charles R. Lax Co-investors: Brook Ventures, PAR Capital Management, Accel Europe, Canaan Partners, Mithril Capital Trilio Data, Hopkinton, MA Trilio is an OpenStack provider of backup and migration solutions for IT Organizations and Cloud Service Providers deploying Application workloads in the Cloud. The solution provides a reliable recovery of applications from data corruption or data loss scenarios. Investment Date: October 2014 GrandBanks Board Representative: Charles R. Lax Co-investors: .406 Ventures, Windspeed Ventures, Cambria Ventures, SSK LLC Career opportunities at Trilio Data xkoto, Boston, MA / Toronto, ON xkoto’s technology platform enables the replication and virtualization of data. The GRIDSCALE Database Load Balancer manages a geographic grid of standard, commercial databases, making them appear virtually as a single local database so that applications become continuously available and horizontally scalable. Recently named one of Deloitte’s 2007 Companies-to-Watch, xkoto’s technology partners include IBM, Microsoft, Novell, Sun Microsystems and Sybase. Investment Date: September 2007 Sold to Teradata Corporation, May 2010 GrandBanks Board Representative: Tim Wright Co-investors: GrowthWorks Canadian Fund RECENT NEWS Creative Automation Company Celtra Announces Majority Investment by Symphony Technology Group (STG) OpenExchange Announces Intent to Acquire Veracast, Further Enhancing Virtual Event Product Offering FactSet Acquires Cobalt Software, Inc. OpenExchange Ranks #183 on Inc. 5000 List of Fastest Growing Companies in America OpenExchange Raises $23 Million to Support Complementary Acquisitions, Continued Organic Growth SUBSCRIBE TO OUR NEWSLETTER Subscribe © 2021 GrandBanks Capital, all rights reserved. 1150 Great Plains Avenue, #920315 Needham, MA 02492 Tel: 781.997.4300 Fax: 781.997.4301 About This Site