The Outlook
  VOLUME 4 ISSUE 2    
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New Investments:
Lasso Logic, GraniteEdge, ClairMail

Lasso Logic
Lasso Logic offers continuous data protection solutions that reduce downtime after failure from hours or days to minutes. Lasso offers reliable, zero-touch, hassle-free backup solutions that provide enterprise-level data protection at affordable prices. Lasso Logic’s flagship product, Lasso CDP, protects against data loss resulting from events such as user error, hardware failure, virus corruption and theft. Lasso CDP includes local and off-site backup, file sharing, unlimited versions, instant recovery features and remote administration for desktops, mobile PCs and servers.

Lasso Logic delivers on site and off site backup. Lasso CDP utilizes a two-step backup architecture to protect against data disasters large and small. First, data is replicated in real-time and maintained on site to enable for instant and easy data recovery. Data is then replicated off-site to a secure data center to protect business data from fire, theft, computer viruses and other disasters. Lasso CDP supports Microsoft Exchange, SQL Server, ACT!, Goldmine, QuickBooks, Peachtree, Outlook and Outlook Express as well as most other industry specific applications. It also supports databases such as Microsoft Access, DBASE, and MYSQL. Continuous data protection, even when users are on their laptops working remotely. Remote access features is included for travelers and telecommuters, providing instant and secure access to data through any Internet-enabled device.

The company is located in San Francisco and has a shipping product, and several early stage customers and resellers. The Lasso Logic team consists of 20 people including CEO Steve Goodman who co-founded the company along with Salvatore Sferlazza. The Series A investment was done in early July and was co-funded with a group of angel investors. This funding was used to build out the team, expand the initial customer base and deliver the next version of the product.

The company was in the process of raising a Series B round in November when it received a compelling all-cash acquisition bid from SonicWALL, a leading provider of security, mobility and productivity solutions. Lasso Logic accepted the bid on November 22 which resulted in a strong return to Outlook Ventures The acquisition is very synergistic, as both companies focus on the SMB space and sell through indirect reseller and system integrator channels. Under the terms of the deal, Lasso Logic’s employees will remain in their San Francisco offices.

GraniteEdge Networks
GraniteEdge Networks adds a new level of intelligence to network security. The company's products will radically change the way companies protect themselves from both internal and external threats. Based on patent-pending causality and distributed event analysis technology, GraniteEdge ESP, allows companies to detect all types of threats, including insider and "zero day" breaches, worms and trojans, as well as the most subtle network attacks.

As the industry's first solution to offer causality analysis, GraniteEdge ESP takes today's security analytics to a new level, adding intelligence to the seemingly random stream of network and security data. GraniteEdge ESP detects all types of threats, including insider and "zero day" breaches, worms and trojans as well as the most subtle network attacks.

The company is located in Seattle and has a shipping product, and several early customers. The GraniteEdge team consists of 20 people including CEO Tony Naughtin who recently joined from Internap. Tony has a strong background in leading startups in the security space from early stage to IPO. He has a track record of successfully selling to Fortune 1000 IT organizations. Ken Hines and Ross Ortega, the Co-Founders, have strong technical background and have started a business together in the past. This Series A investment has been co-funded with OVP and Acartha Group. Funding will be used to build out the team, expand the initial customer base and deliver next version of the product.

ClairMail
ClairMail delivers true workforce mobility by extending access to enterprise applications from any mobile device with just one-click. Using ClairMail, mobile workers get the information they need without having to log into and use complex applications. ClairMail’s customers span a wide array of verticals, yet they all share a common vision – making it easier for their employees and customers to get what they need easily and quickly.

ClairMail enables 1-click access to business applications and web-based applications from any mobile or desktop device. Delivered as a packaged appliance or hosted solution, ClairMail is a robust and scaleable transactional messaging system that enables organizations to mobilize applications without requiring any changes to applications. It accepts messages from authentic users and acts on their behalf, enabling directed application access via messaging for both wired and wireless users. ClairMail crosses all messaging platforms – email, SMS, IM - and through a “trusted path” is able to access information from any internal application and external source – combining information from multiple sources into one request back to the user. This is all done without a new client or modifications to existing applications.

The company is located in Novato, California and has a shipping product, and several early stage customers. The ClairMail team consists of 20 people including CEO Joe Salesky who recently joined from AppStream. Joe has a strong background in leading startups in the enterprise software space. He has a track record of building innovative solutions to tough problems. The team includes strong and proven executives in sales, product management and engineering roles. This Series A investment has been co-funded with Norwest Venture Partners. Funding will be used to build out the team, expand the initial customer base, and deliver the next version of the product.

Published by Outlook™ Ventures
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