Predict your next investment

Venture Capital
FINANCE | Investment Banking
bcvc.com

See what CB Insights has to offer

Investments

173

Portfolio Exits

37

Funds

16

About Blue Chip Venture Company

Blue Chip Venture Company seeks to invest in well-performing, later-stage companies, with existing venture syndicates but that have been unable to exit (via M&A or IPO) due to macroeconomic conditions and other temporary situations. Blue Chip invests across industries and geographies in companies preparing a final push to an exit event that is expected to occur within two years.

Blue Chip Venture Company Headquarters Location

312 Walnut Street

Cincinnati, Ohio, 45202,

United States

513-723-2300

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Blue Chip Venture Company Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Blue Chip Venture Company Rank

Latest Blue Chip Venture Company News

Knowlagent Secures $11 Million Series B Round « Distance-Educator.com

Jan 4, 2019

May 3, 2001 ATLANTA – Knowlagent™ — the software company that improves customer contact center performance through its integrated e-Learning platform, announced today that it has closed a $11 million round of financing led by Blue Chip Venture Company in Cincinnati. Other investors in the round included Imlay Investments, First Analysis Venture Capital, Arbor Partners and River Cities Capital Funds. The company will use the $11 million to support the continued development of new and next-generation products, expand its international sales efforts and more efficiently service its customer base. Both Imlay Investments and First Analysis are second-time investors in the company, demonstrating their faith in Knowlagents potential and scalability as a business. Both firms continued financial support – as well as that of its new investors – illustrates Knowlagents staying power and viable growth opportunities in the marketplace. There’s no trick to answering a customer service call. Knowledge and skill come into play when a company needs to turn that service call into an experience that builds brand loyalty and customer satisfaction. These are mission critical elements to any business’ success,” said Todd Gardner, director of Blue Chip Venture Company. “Knowlagent’s e-Learning technology makes it easy for contact centers to train their agents to intelligently respond to customer questions and anticipate their needs. Current Knowlagent customers are ecstatic about the product and its benefits. That is the kind of company we will invest in regardless of the capital markets.” Knowlagents success in raising a large round in a difficult technology financing environment is a direct result of the strong success that its customers have experienced from the implementation of its e-Learning platform, said Mark Koulogeorge, managing director of First Analysis Venture Capital and member of Knowlagents board of directors. Customers are reporting improvements in customer satisfaction and contact center operational metrics, which delivers a compelling return on investment. The company has also released an expanded version of its flagship product, KnowDev. Recently, Knowlagent has expanded its sales force internationally and has announced improved Web site services and implementation of global Fortune 1000 customers such as Sprint, Total Solutions and Kaiser Permanente. The company offers a unique, online tool that enables companies to build and deliver updated, customized training to their contact center agents. Training is delivered directly to the agents desktop and can be customized with text, graphics, video and audio content. The financing were receiving allows us to continue to grow and innovate, providing the best service to our clients while enabling them to better serve their customers, said Matt McConnell, Knowlagent co-founder and co-chairman. About Blue Chip Venture Company Blue Chip Venture Company is a Cincinnati-based venture capital firm that provides capital to entrepreneurs seeking to build growth companies. Blue Chip manages four venture funds totaling $600 million and has invested in 85 partner companies located throughout the United States and Canada. While Blue Chip invests across a wide range of industries, it primarily focuses on companies in the Internet infrastructure, enterprise software, telecommunications and healthcare sectors. Other Blue Chip investments include USInternetworking (Nasdaq: USIX), Blue Gill Technologies (Nasdaq: CKFR), and Regent Communications (Nasdaq: RGCI). Blue Chip will gain a seat on Knowlagents board of directors as a result of the deal. About First Analysis Venture Capital First Analysis Venture Capital (www.firstanalysisvc.com ) is a leading early-stage venture firm with more than $600 million in capital under management. FAVC has funded over 150 successful companies in the information technology, environmental and infrastructure, and outsourced services industries. The firm plays an active role in developing and scaling early-stage companies by providing entrepreneurs with assistance in strategy, corporate development, business development, alliances, and financing events. FAVC’s investment professionals are located in Chicago and Silicon Valley. Other FAVC investments include: Exodus Communications Inc. (Nasdaq: EXDS), Ariba Inc. (Tradex Technologies; Nasdaq: ARBA), and RSA Security Inc. (Nasdaq: RSAS). River Cities Capital Funds Cincinnati-based River Cities Capital Funds is a $140 million family of venture capital funds that focuses on early to middle stage businesses in the Midwest and Southeast in the information technology, healthcare, telecom and manufacturing sectors. Investments include Atomic Dog Publishing, Micronics, Inc., Darwin Networks, and MindLeaders.com. The firm will gain a seat on Knowlagents board of directors as a result of the deal. Arbor Partners Arbor Partners is an Ann Arbor, MI-based venture capital firm committed to helping entrepreneurs build lasting growth companies. The firm invests exclusively in companies focused on the creation of next-generation Internet enabling technologies, communications and enterprise software. Investments include CMS Technologies, Interlink Networks, www.knowlagent.com . Contact Information:

Blue Chip Venture Company Investments

173 Investments

Blue Chip Venture Company has made 173 investments. Their latest investment was in Attila Security as part of their Series A - III on February 2, 2021.

CBI Logo

Blue Chip Venture Company Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/4/2021

Series A - III

Attila Security

$0.82M

Yes

1

7/7/2017

Series B - II

Bidtellect

$3.25M

No

1

12/15/2016

Unattributed VC

Linkable Networks

$2.87M

No

1

7/16/2015

Series B

Subscribe to see more

$99M

Subscribe to see more

10

12/17/2014

Series B

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/4/2021

7/7/2017

12/15/2016

7/16/2015

12/17/2014

Round

Series A - III

Series B - II

Unattributed VC

Series B

Series B

Company

Attila Security

Bidtellect

Linkable Networks

Subscribe to see more

Subscribe to see more

Amount

$0.82M

$3.25M

$2.87M

$99M

$99M

New?

Yes

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

Blue Chip Venture Company Portfolio Exits

37 Portfolio Exits

Blue Chip Venture Company has 37 portfolio exits. Their latest portfolio exit was Attila Security on July 15, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/15/2021

Acquired

$99M

1

4/28/2021

Acquired

$99M

5

9/8/2017

Asset Sale

$99M

1

1/23/2017

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

8/4/2016

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/15/2021

4/28/2021

9/8/2017

1/23/2017

8/4/2016

Exit

Acquired

Acquired

Asset Sale

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

5

1

10

10

Blue Chip Venture Company Acquisitions

2 Acquisitions

Blue Chip Venture Company acquired 2 companies. Their latest acquisition was Beliefnet on May 24, 2004.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/24/2004

Series C

$99M

$33.5M

Acquired

1/22/2003

Other Venture Capital

Subscribe to see more

$99M

$99M

Subscribe to see more

0

Date

5/24/2004

1/22/2003

Investment Stage

Series C

Other Venture Capital

Companies

Subscribe to see more

Valuation

$99M

$99M

Total Funding

$33.5M

$99M

Note

Acquired

Subscribe to see more

Sources

0

Blue Chip Venture Company Fund History

16 Fund Histories

Blue Chip Venture Company has 16 funds, including Blue Omega Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/29/2016

Blue Omega Fund

Late-Stage Venture Capital

Closed

$20M

1

6/28/2013

Blue Chip Capital Fund VI

Late-Stage Venture Capital

Open

$4M

1

3/17/2012

Allos I LP

Multi-Stage Venture Capital

Closed

$10M

1

2/17/2012

Blue Chip Capital Fund V LP

Subscribe to see more

Subscribe to see more

$99M

10

12/31/2005

The Validation Fund

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

6/29/2016

6/28/2013

3/17/2012

2/17/2012

12/31/2005

Fund

Blue Omega Fund

Blue Chip Capital Fund VI

Allos I LP

Blue Chip Capital Fund V LP

The Validation Fund

Fund Type

Late-Stage Venture Capital

Late-Stage Venture Capital

Multi-Stage Venture Capital

Subscribe to see more

Subscribe to see more

Status

Closed

Open

Closed

Subscribe to see more

Subscribe to see more

Amount

$20M

$4M

$10M

$99M

$99M

Sources

1

1

1

10

10

Blue Chip Venture Company Team

7 Team Members

Blue Chip Venture Company has 7 team members, including current Controller, Tobie Cook.

Name

Work History

Title

Status

Tobie Cook

Walnut Group

Controller

Current

John C. Mcilwraith

Assurex Health, Quantum Health Resources, and First Dallas Ventures

Managing Director

Current

Jean Donnelly

Chief Financial Officer

Former

Steve Engelbrecht

Chief Financial Officer

Former

Rahul Bawa

CincyTech, Axcess, Fifth Third Bank, United Airlines, Daugherty, and IBM

Chief Operating Officer

Former

Name

Tobie Cook

John C. Mcilwraith

Jean Donnelly

Steve Engelbrecht

Rahul Bawa

Work History

Walnut Group

Assurex Health, Quantum Health Resources, and First Dallas Ventures

CincyTech, Axcess, Fifth Third Bank, United Airlines, Daugherty, and IBM

Title

Controller

Managing Director

Chief Financial Officer

Chief Financial Officer

Chief Operating Officer

Status

Current

Current

Former

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.