Cobalt, Boston, MA
Cobalt is an online information exchange network that empowers private equity funds, venture capital firms, pension plans, family offices, foundations, and endowments to make the best possible alternative investment decisions by transforming unstructured fund data into consistent, meaningful, and actionable investment information.
Investment Date: June 2012 Sold to FactSet, October 2021
GrandBanks Board Representative: Tim Wright
Co-investors: Accomplice, FINTOP Capital, Hamilton Lane, TechStars Boston
InfoActive, Montreal, QC / Chicago, IL
Infoactive is building new ways to merge data and design. Our team helps people turn live data into mobile-friendly, interactive infographics. Thousands of active users from 150 countries use Infoactive for a simplified approach to visualizing and exploring information.
Investment Date: October 2014 Sold to Tableau, August 2015
GrandBanks Board Representative: Charles R. Lax
Co-investors: BDC Venture Capital, Alistair Croll, Randy Smerik
OpenExchange, Concord, MA
On October 22, 2019, KnowledgeVision Systems merged with OpenExchange. The merger brings together KnowledgeVision’s patented and proprietary Knovio technology in the hosting, streaming, organization and tracking of on-demand and live video and online presentations, with OpenExchange’s extensive network of video conference connections throughout the global financial services sector. OpenExchange video-enables the vital daily communications of the financial services and professional investment industry and its clients with advanced one-to-one, one-to-many, and many-to-many video technologies, tools and services.
Investment Date: December 2010
GrandBanks Board Representatives: Charles R. Lax and Jeff Parker
Career opportunities at OpenExchange
TIM Group, Boston, MA/London, UK
TIM Group is a software company delivering coverage optimization solutions to the institutional investment community, and enhancing the relationship between buy-side investment professionals and their sell-side coverage. Coverage optimization results in measurably higher returns for the buy-side and their investors, enhanced visibility of the value generated by institutional salespeople and accountability in the commission allocation process.
Investment Date: November 2006 Sold to Mergermarket Limited, May 2017
GrandBanks Board Representative: Charles R. Lax
Co-investors: Relay Ventures, Commonwealth Capital Ventures, Merrill Lynch