vSpring Capital

vSpring Capital was a private equity and venture capital firm founded in 2000 and based in Salt Lake City, Utah. It specialized in seed, startup, and early-stage investments, with a focus on information technology and life sciences sectors, including areas such as genomics, drug discovery, enterprise software, and medical devices. The firm primarily targeted companies located in the Intermountain West region of the United States, particularly the Rocky Mountain area. Known for its hands-on approach, vSpring Capital aimed to be the first investor in its portfolio companies, providing operational assistance, making key introductions, and helping to recruit top executives. The firm typically invested between $2 million and $3 million initially, with potential follow-on investments up to $10 million over the life of a company. In 2012, vSpring Capital merged with Signal Peak Ventures, combining their expertise and resources under the Signal Peak Ventures name.

Paul Ahlstrom

Managing Director

David L Anderson

CFO

Ed Ekstrom

Managing Director

Dinesh Patel

Founding Managing Director

Past deals in Utah

Lineagen

Series B in 2011
Lineagen, Inc. is a genetics diagnostic company based in Salt Lake City, Utah, that specializes in genetic testing and clinical information services for neurodevelopmental disorders, particularly autism spectrum disorders (ASDs). Founded in 2002, Lineagen offers several key products, including FirstStepDx PLUS, a chromosomal microarray platform designed to identify genomic changes associated with autism, and NextStepDx PLUS, a genetic sequencing test that detects small genomic alterations. Additionally, the company provides M-CHAT.org, an online tool for developmental screening. Lineagen aims to improve outcomes for individuals affected by complex diseases through early diagnosis and intervention, leveraging extensive proprietary research and access to the Utah Population Database to enhance its understanding of genetic contributions to these conditions. As of August 2020, Lineagen operates as a subsidiary of Bionano Genomics, Inc.

Control4

Venture Round in 2011
Control4 Corporation specializes in smart home and business automation solutions, providing a comprehensive range of products and services that enhance comfort, convenience, and security. Founded in 2003 and headquartered in Salt Lake City, Utah, the company offers an integrated system that includes wired and wireless devices for audio, video, lighting, temperature, and security control. Key offerings comprise the Control4 home operating system, application software, and a variety of hardware such as wireless dimmers, speakers, thermostats, and touch screens. Control4 also enables remote access and system management through its 4Sight subscription service. The company distributes its products through a network of dealers, custom integrators, and retail outlets across the United States and internationally, serving a diverse clientele that includes consumer electronics companies, hotels, and utility sectors.

Lineagen

Series A in 2010
Lineagen, Inc. is a genetics diagnostic company based in Salt Lake City, Utah, that specializes in genetic testing and clinical information services for neurodevelopmental disorders, particularly autism spectrum disorders (ASDs). Founded in 2002, Lineagen offers several key products, including FirstStepDx PLUS, a chromosomal microarray platform designed to identify genomic changes associated with autism, and NextStepDx PLUS, a genetic sequencing test that detects small genomic alterations. Additionally, the company provides M-CHAT.org, an online tool for developmental screening. Lineagen aims to improve outcomes for individuals affected by complex diseases through early diagnosis and intervention, leveraging extensive proprietary research and access to the Utah Population Database to enhance its understanding of genetic contributions to these conditions. As of August 2020, Lineagen operates as a subsidiary of Bionano Genomics, Inc.

Control4

Venture Round in 2009
Control4 Corporation specializes in smart home and business automation solutions, providing a comprehensive range of products and services that enhance comfort, convenience, and security. Founded in 2003 and headquartered in Salt Lake City, Utah, the company offers an integrated system that includes wired and wireless devices for audio, video, lighting, temperature, and security control. Key offerings comprise the Control4 home operating system, application software, and a variety of hardware such as wireless dimmers, speakers, thermostats, and touch screens. Control4 also enables remote access and system management through its 4Sight subscription service. The company distributes its products through a network of dealers, custom integrators, and retail outlets across the United States and internationally, serving a diverse clientele that includes consumer electronics companies, hotels, and utility sectors.

Catheter Connections

Seed Round in 2009
Catheter Connections, Inc. specializes in developing vascular access products aimed at preventing infections during intravenous infusion therapy. Founded in 2008 and based in Salt Lake City, Utah, the company offers the DualCap System, which includes user-friendly, single-use disinfecting caps designed to protect IV catheter access points. The system helps healthcare facilities combat IV catheter-related bloodstream infections by effectively disinfecting IV tubing end connectors and needle-free valves. Catheter Connections markets its products through a network of sales representatives, focusing on providing integrated solutions for infection control in healthcare settings across the United States. As of early 2017, the company operates as a subsidiary of Merit Medical Systems, Inc.

Lineagen

Series A in 2008
Lineagen, Inc. is a genetics diagnostic company based in Salt Lake City, Utah, that specializes in genetic testing and clinical information services for neurodevelopmental disorders, particularly autism spectrum disorders (ASDs). Founded in 2002, Lineagen offers several key products, including FirstStepDx PLUS, a chromosomal microarray platform designed to identify genomic changes associated with autism, and NextStepDx PLUS, a genetic sequencing test that detects small genomic alterations. Additionally, the company provides M-CHAT.org, an online tool for developmental screening. Lineagen aims to improve outcomes for individuals affected by complex diseases through early diagnosis and intervention, leveraging extensive proprietary research and access to the Utah Population Database to enhance its understanding of genetic contributions to these conditions. As of August 2020, Lineagen operates as a subsidiary of Bionano Genomics, Inc.

Control4

Series F in 2008
Control4 Corporation specializes in smart home and business automation solutions, providing a comprehensive range of products and services that enhance comfort, convenience, and security. Founded in 2003 and headquartered in Salt Lake City, Utah, the company offers an integrated system that includes wired and wireless devices for audio, video, lighting, temperature, and security control. Key offerings comprise the Control4 home operating system, application software, and a variety of hardware such as wireless dimmers, speakers, thermostats, and touch screens. Control4 also enables remote access and system management through its 4Sight subscription service. The company distributes its products through a network of dealers, custom integrators, and retail outlets across the United States and internationally, serving a diverse clientele that includes consumer electronics companies, hotels, and utility sectors.

Q Therapeutics

Venture Round in 2008
Q Therapeutics is a development stage company based in Salt Lake City, Utah, focused on creating human cell-based therapies for degenerative diseases affecting the brain and spinal cord. The company is known for its innovative Q-Cells, which are designed to treat a range of conditions, including amyotrophic lateral sclerosis, multiple sclerosis, transverse myelitis, traumatic spinal cord injury, Parkinson’s disease, Alzheimer’s disease, traumatic brain injury, cerebral palsy, leukodystrophies, central nervous system storage diseases, and peripheral neuropathies. These stem cell therapies aim to replace damaged myelin on neurons and offer trophic support, thus restoring and preserving normal neurological functions. The primary emphasis of Q Therapeutics is on developing treatments for neurodegenerative diseases, with ALS being the initial focus.

ExpertVoice

Series B in 2006
ExpertVoice is a provider of an online marketing platform used to connect brands with influencers. Its platform helps brands easily find, educate and reward trusted influencers, create deals, and discounts for the advocates to try the products that enable brands to drive more sales with the help of expert recommendations from retail sales associates and respected category professionals. ExpertVoice was founded in 2004 and is headquartered in Salt Lake City, Utah.

Control4

Series D in 2006
Control4 Corporation specializes in smart home and business automation solutions, providing a comprehensive range of products and services that enhance comfort, convenience, and security. Founded in 2003 and headquartered in Salt Lake City, Utah, the company offers an integrated system that includes wired and wireless devices for audio, video, lighting, temperature, and security control. Key offerings comprise the Control4 home operating system, application software, and a variety of hardware such as wireless dimmers, speakers, thermostats, and touch screens. Control4 also enables remote access and system management through its 4Sight subscription service. The company distributes its products through a network of dealers, custom integrators, and retail outlets across the United States and internationally, serving a diverse clientele that includes consumer electronics companies, hotels, and utility sectors.

ExpertVoice

Series A in 2005
ExpertVoice is a provider of an online marketing platform used to connect brands with influencers. Its platform helps brands easily find, educate and reward trusted influencers, create deals, and discounts for the advocates to try the products that enable brands to drive more sales with the help of expert recommendations from retail sales associates and respected category professionals. ExpertVoice was founded in 2004 and is headquartered in Salt Lake City, Utah.

Cogito

Series B in 2005
Cogito, Inc. offers graph-based relationship analytics software and services. It offers Cogito Knowledge Center, which provides middleware engines, servers, and development tools. The company also provides components, such as Graph Engine, which provides modeling and query services, as well as fundamental graph services; Workbench, a Windows application for prototyping graph data stores and ingesting static data sets, browsing, and diagramming data stores; Graph Server, a Windows service that hosts various graph stores for multiple clients; Data Integration Broker, which mediates or brokers data exchanges between a graph store and other data stores; Web-based administration tools that connect and monitor administrators to various graph servers or data integration brokers; and Web service interfaces. In addition, Cogito offers graph technology, which is used in intelligence and security, social network analysis, manufacturing, and bioinformatics; Graph Query Language, which allows users to create query statements; and Graph Analytics that provide tools to determine patterns of interaction between actors and groups in social networks. The company was founded in 1994 and is based in Draper, Utah. Cogito, Inc. operates as a subsidiary of 7 Degrees, Inc.

Control4

Series C in 2005
Control4 Corporation specializes in smart home and business automation solutions, providing a comprehensive range of products and services that enhance comfort, convenience, and security. Founded in 2003 and headquartered in Salt Lake City, Utah, the company offers an integrated system that includes wired and wireless devices for audio, video, lighting, temperature, and security control. Key offerings comprise the Control4 home operating system, application software, and a variety of hardware such as wireless dimmers, speakers, thermostats, and touch screens. Control4 also enables remote access and system management through its 4Sight subscription service. The company distributes its products through a network of dealers, custom integrators, and retail outlets across the United States and internationally, serving a diverse clientele that includes consumer electronics companies, hotels, and utility sectors.

Control4

Series A in 2003
Control4 Corporation specializes in smart home and business automation solutions, providing a comprehensive range of products and services that enhance comfort, convenience, and security. Founded in 2003 and headquartered in Salt Lake City, Utah, the company offers an integrated system that includes wired and wireless devices for audio, video, lighting, temperature, and security control. Key offerings comprise the Control4 home operating system, application software, and a variety of hardware such as wireless dimmers, speakers, thermostats, and touch screens. Control4 also enables remote access and system management through its 4Sight subscription service. The company distributes its products through a network of dealers, custom integrators, and retail outlets across the United States and internationally, serving a diverse clientele that includes consumer electronics companies, hotels, and utility sectors.

Salus Therapeutics

Series B in 2002
Salus Therapeutics Inc., a privately held biotechnology company founded in July 1999 and located in Salt Lake City, uses a proprietary "OptiSense(R)" technology for the discovery of new oligonucleotide-based medicines. The company's unique co-polymers are used as transfection vehicles to deliver RNA- and DNA-based drugs.
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