Private Equity

Selected Investments: Technology-Enabled

American Power Group (OTCQB: APGI) is a nano-cap public company. APGI provides dual fuel engine conversion technology primarily for the heavy-duty truck industry and the oil and gas markets. The Company's technology allows diesel engines to operate on either diesel or natural gas fuels, enabling a reduction of up to 25% in fuel costs due to the significantly lower cost of natural gas.
Cleaire developed, manufactured and sold diesel emissions-reduction devices known as diesel particulate filters for on-road and off-road heavy-duty truck engines.
Coolerado designs, manufactures and markets super-energy-efficient central air conditioning systems for commercial and residential use. The Company's proprietary and patented technology achieves electricity savings of up to 90% compared to conventional air conditioning systems.
Giga-tronics (NASDAQ: GIGA) produces test and measurement equipment and radio frequency components for defense and commercial applications. The Company has also developed a next-generation signal generator for the testing of radar, electronic warfare and surveillance receivers mainly for defense applications on military aircraft.
IRON Solutions is a leading supplier of agricultural and construction equipment valuation and financial risk management information through its IRON Guides and services. IRON Solutions provides market information, analytics-based intelligence and a cloud-based enterprise system to improve farm equipment dealer and agricultural producer productivity. IRON Solutions manages over 15 million data points annually from over 1,200 farm equipment manufacturers and over 2,200 retail sources throughout North America.
Outrigger has developed OpenSlate, an analytics platform that ingests data from over 80 million ad-supported videos posted everyday on over 240,000 YouTube channels and has become the standard for measuring the quality of online video content. OpenSlate's proprietary algorithm uses this vast amount of data to provide a score for each YouTube channel based on quality metrics. OpenSlate demystifies YouTube, providing a standard set of metrics for brand advertisers to measure and target YouTube advertising at scale.
Perquest provided web-based payroll processing on a SaaS basis to small businesses. As a full-service payroll provider, Perquest's offering was competitive with industry leaders, ADP and Paychex. The Company combined superior national service and reliability with local ownership and accountability in a franchised model, which was unique to the space.
Powermat is a technology company that seeks to become the industry standard for wireless charging. The Company initially focused on producing wireless charging consumer products, consisting of cases and charging pads, for the mobile smartphone and handset market in partnership with Duracell. The Company has since expanded into licensing its intellectual property to original equipment manufacturers, as it is currently doing with Samsung, Kyocera, and LG, and building out a national, and eventually global, wireless charging network.
Prevalent is a leader in third-party risk management and cyber threat intelligence analytics, providing solutions that companies use to monitor and assess the IT risks posed by their vendors and other third parties. Prevalent’s solutions deliver significant workflow efficiencies and provide real-time and contextualized threat intelligence.
SimpleReach is the standard in content measurement and distribution. As content has become the defining format for digital advertising, SimpleReach provides content creators with a platform to drive ROI at scale. With insight into which content drives conversions, SimpleReach programmatically amplifies the right content to targeted audiences across channels such as Facebook, Twitter, LinkedIn, Outbrain, Nativo, StumbleUpon and TripleLift. Currently tracking and processing more than 7 billion content interactions in real-time daily, SimpleReach works with leading publishers such as The New York Times, Forbes and The Huffington Post, and Fortune 500 companies including Intel and SAP.
WhipTail is a leader in high performance, pure solid-state-data ("SSD") storage arrays for the enterprise market. The Company addresses the massive market opportunity that has arisen due to the current data storage input/output bottleneck associated with traditional hard disk drives. Substantial improvements in computing speed have far outpaced the ability to quickly access data on traditional spinning hard disk storage technology. WhipTail's products effectively remove this bottleneck and greatly improve the performance of vital enterprise applications such as virtualization, online transaction processing, databases and email. In October 2013, WhipTail was acquired by Cisco Systems, Inc. (NASDAQ: CSCO).
Ziften is a leading endpoint threat detection solution that continuously monitors an enterprise’s endpoints (computers, laptops, and mobile devices) to provide unprecedented visibility into the “last mile” of a company’s IT network. Combining real-time user, device and threat behavior monitoring, analytics, and reporting, Ziften takes the complexity, time, and cost out of endpoint detection and response with an easy-to-use solution that deploys in hours, not days. Security teams throughout the world use Ziften’s solution to augment their existing infrastructure and amplify their resources to more easily and automatically pinpoint and respond to threats, vulnerabilities, and abnormalities. Ziften has forged alliances and technology partnerships with leading security vendors including Splunk, ServiceNow, VMware, AlienVault, Lancope, and Lookingglass, among others.

The information provided herein should not be considered a recommendation to purchase or sell any particular investment. There is no assurance that any investment discussed herein will remain in the relevant fund at the time you review this website. The investments discussed do not represent the relevant fund's entire holdings. It should not be assumed that any of the investments discussed was or will prove to be profitable, or that the investment recommendations or decisions SMC makes in the future will be profitable or equal the performance of the investments discussed herein.