Walden Venture Capital: BlueLithium Bulks Up

BlueLithium announced some key hires today.

About Walden Venture Capital

Walden Venture Capital targets Sprout Stage™ investments. We seek products or services with mass-market potential and powerful underlying technologies. We invest in our target sectors: digital media and cloud services for consumers and enterprise.

Sprout Stage™ companies have a demonstrable product, service or technology. We seek feedback from early adopters, examine user behavior and form our own opinion to assess mass-market potential. We are not sprinkling seeds to see what might grow, but instead focus our energy on a portfolio of "Sprouts," taking active supporting roles typically as first institutional investors. We care deeply about Founders and Management and work diligently to help manifest their vision. Our portfolio includes leaders in music, mobile, internet media and breakthrough cloud services.

Walden’s portfolio includes

Pandora (Internet Radio)
Glam (top 10 US web site)

SoundHound (sound and voice search),

Informifi (Contextualizing the real-time web)

Telekenex (IP and telecom services provider)

PowerCloud Systems (cloud management of network devices)

Image Vision Labs (image and video content detection / compliance)
Iconoculture (market insight service)

Real Girls Media (women’s media site)
Comedy.com (comedy network)

H5 (legal discovery tech enabled service)
Palamida (open source application security)
Gumps (high end retailer)

Market Insight

Blue Lithium (acquired by Yahoo)

Niku (acquired by Computer Associates)
Vitalstream (acquired by Internap)

Cybertrust (acquired by Verizon)
Terayon (acquired by Motorola)
Gymboree (IPO)
Transmeta (IPO)

Walden Team:
Art Berliner
Larry Marcus
Matt Miller
George Sarlo
Bill McDonagh
Bob Raynard
Elaine Ou

More information at www.waldenvc.com