Venture Capital In The Rockies – History
For the last 23 years, the Venture Capital in the Rockies conference has been the signature fund-raising conference in the Rocky Mountain region. A full day of presentations from companies looking for venture capital (with the presenters mostly in suits – a rarity in this part of the country) followed by a day of legendary skiing (and – while I don’t ski – this year was phenomenal) makes for a great conference. 320 attended this year – 100 were investors including a number from out of state.
It was fun to look through the list of presenters since 1996 and see the following companies that I’ve been involved in:
1996: Mercury Mail – IPO as Exactis
1998: Email Publishing – acquired by MessageMedia
Vstream – IPO as Raindance
1999: Service Metrics – acquired by Exodus
Tellsoft – unsuccessful
2000: Finali – acquired by Convergys
Service Magic – acquired by IAC
2001: Deuxo – unsuccessful
Latis – now StillSecure – current portfolio company
Prosavvy – acquired by eWork
2002: Dante Group – acquired by webMethods
Npulse (Xaffire) – acquired by Quest
Wideforce – unsuccessful
2003: F4 Technologies – now Rally Software
Finali (again) – acquired by Convergys
Newmerix – current portfolio company
It was also interesting to see all the companies I haven’t invested in over the years that presented at this conference that have either been successful (oops – missed that one) or unsuccessful (sorry – but I’m glad I didn’t invest.)
Chris Onan from Appian Ventures did an awesome job hosting the conference this year. He followed a tough act from Chris Wand of Mobius Venture Capital who hosted the preceding two years – and did great. Maybe they should rename the conference “Venture Capital in the Rockies: By Chris.”
All the local papers have now written up their piece on the conference at this point. The Boulder Daily Camera had a light weight piece on the conference in general. The Rocky Mountain News ran two pieces – one that highlighted David Moll – CEO of Webroot (and the article said that he didn’t stay long because he had more important things to do – ouch) and one that announced ITU Ventures new $120 million fund. The article in the Denver Post was the most substantive, actually highlighting several companies including Collective Intellect, Accucode, and Groople.
Given the lack of actual focus on the companies, I’ll write up a separate post talking about the ones I saw at the conference, offering feedback and (hopefully) constructive advice.