Portfolio

Arkestro

Automated AI procurement platform that uses patented game theory and data science techniques to drive significant purchasing savings and process efficiency for customers across a diverse range of industries.

IOTA Software Inc. 2023

Real-time data visualization connects people, assets, and processes with a scalable platform that boosts operational efficiency. It provides critical insights and decision support for industries such as pharmaceuticals, energy, and utilities.

FlexGen Power Systems 2022

Providing advanced energy storage solutions, FlexGen seamlessly integrates with power generation assets. Their innovative technology enhances grid reliability and supports the transition to sustainable energy across various industries.

Seeq 2021

Advanced analytics software enables process industries to optimize operations through faster data analysis and improved decision-making. This platform enhances business outcomes across energy, pharmaceuticals, and manufacturing.

ResFrac 2020

A cutting-edge, cloud-based platform integrates fracture and reservoir simulation for precise modeling and optimization. This software enhances efficiency and performance for oil and gas operators in the energy sector.

Infrastructure Networks 2018

Delivering private LTE networks, Infrastructure Networks powers critical infrastructure industries with secure, reliable connectivity. Their solutions enable the Industrial Internet of Things (IIoT) across sectors like oil and gas, utilities, and transportation.

NuTech Energy Alliance 1998

Advanced petrophysical, engineering, and geological solutions enhance exploration and production efficiency in the energy sector.

FUND III
EXIT: 2001 (sale to Enron)

ThoughtTrace 2017

Intelligent document analysis and data extraction for the upstream oil and gas industry automate contract management and reveal critical information, boosting operational efficiency and decision-making.

FUND VI
EXIT: 2022 (SALE TO THOMSON REUTERS)

TransZap/Oildex 1999

SaaS solutions for eRevenue, ePayables, eStatement, and eBudgeting streamline financial processes in the oil and gas industry.

FUND II
EXIT: 2014 (majority recap)

MicroSeismic 2003

Advanced seismic technology for monitoring and analyzing subsurface activities enhances exploration and production efficiency. Their solutions offer precise data for reservoir management and fracture monitoring in the oil and gas industry.

FUND IV
EXIT: 2010 (majority recap)

Wenzel 1999

Supplies precision downhole drilling tools, supporting efficient and accurate drilling operations.

FUND II
EXIT: 2006 (public holding)

Syntex Management Solutions 2008

Comprehensive software and analytics solutions for energy and natural resources improve operational efficiency and strategic decision-making. Their tools support industry-leading data management and analysis for enhanced performance.

FUND IV
EXIT: 2010 (sale to IHS, now IHS Markit)

(RC)² 1999

Offers software and consulting for reservoir characterization, improving analysis and decision-making in energy exploration.

FUND II
EXIT: 2002 (sale to Veritas, now CCG)

RigNet 2001

Global managed communications and collaboration solutions optimize remote operations for the oil and gas industry. Their services ensure reliable connectivity and enhanced data management across diverse and challenging environments.

FUND III / IV
EXIT: 2012 (IPO, NASDAQ:RNET)

Canyon Offshore 1997

Provides remotely operated vehicles and subsea engineering services, enhancing underwater operations and safety.

FUND I
EXIT: 2006 (sale to Cal Dive, now Helix)

Tubel Technologies 2003

Advanced intelligent well technologies optimize oil and gas exploration with wireless downhole gauges for real-time temperature and pressure. Their fiber optic sensors measure critical data in high-temperature environments, enhancing field operations.

FUND III
EXIT: 2006 (sale to Ziebel)

Coherence Technology Company 1997

Delivers seismic data processing services to support accurate subsurface imaging and analysis.

FUND I
EXIT: 1999 (sale to Core Laboratories)