Peninsula Ventures

Peninsula Ventures is a private equity and venture capital firm founded in 2000, with offices in Menlo Park, California, and Portland, Oregon. The firm specializes in early-stage investments, mezzanine financing, and bridge financing, primarily targeting companies in the technology sector. Its investment focus includes software related to data aggregation and optimization, social technology, and software as a service, as well as infrastructure areas like mobile applications, video edge, cloud computing, and cybersecurity. Additionally, Peninsula Ventures invests in core technology sectors, including advanced materials, alternative energy, and wireless communications. The firm emphasizes investments in the Western United States, aiming to support innovative entrepreneurs and drive the growth of promising early-stage companies.

Robert Patterson

Managing Director

Past deals in Oregon

DeepSurface

Seed Round in 2022
DeepSurface Security is a cybersecurity company based in Portland, Oregon, specializing in automated Predictive Vulnerability Management. The firm provides a suite of tools designed to assist cybersecurity teams in identifying, analyzing, and prioritizing vulnerabilities based on their potential risk to enterprise networks. By utilizing advanced rules for comprehensive context gathering, DeepSurface predicts where attackers could inflict the most damage, thereby streamlining the vulnerability management process. Trusted by enterprise organizations, DeepSurface aims to enhance the efficiency and effectiveness of cybersecurity efforts, enabling teams to focus on critical threats. The company is privately held and has received funding from Cascade Seed Fund, SeaChange Fund, and Voyager Capital.

Bumped

Series A in 2018
Bumped, Inc. develops a platform that allows publicly traded consumer brands to offer customers fractional shares of stock as loyalty rewards. Its platform offers consumers to stock ownership while also giving brands a way to reward customers. Bumped, Inc. was formerly known as Solovex, Inc. The company was founded in 2017 and is based in Portland, Oregon.

Bumped

Seed Round in 2018
Bumped, Inc. develops a platform that allows publicly traded consumer brands to offer customers fractional shares of stock as loyalty rewards. Its platform offers consumers to stock ownership while also giving brands a way to reward customers. Bumped, Inc. was formerly known as Solovex, Inc. The company was founded in 2017 and is based in Portland, Oregon.

The Dyrt

Series A in 2018
The Dyrt, Inc. operates a leading online platform that provides extensive information and ratings on campsites across the United States. Founded in 2013 and based in Portland, Oregon, The Dyrt has developed a community-driven platform where campers can search, review, and book campgrounds. The Dyrt's application, available on both iOS and Google Play, is highly regarded among camping apps, with the website attracting approximately 20 million visits annually. The community has contributed over 1.5 million campground reviews, photos, and tips, making it the most comprehensive camping resource available. In 2020, The Dyrt launched a subscription service called The Dyrt PRO, which offers members discounts at nearly 1,000 campgrounds and enhanced features such as offline access and road trip planning tools. This subscription has seen rapid growth, with new users signing up approximately every three minutes.

Cloudability

Series B in 2016
Cloudability Inc. specializes in cloud cost management software solutions, providing a platform that allows organizations to monitor and analyze their cloud expenses effectively. Established in 2011 and headquartered in Portland, Oregon, the company offers tools that aggregate spending data into detailed reports, facilitating the identification and allocation of cloud costs. The platform employs real-time analytics and machine learning, enabling IT, finance, and business teams to gain a precise understanding of their cloud expenditures. Key features include budget alerts, custom dashboards, anomaly detection, and True Cost Explorer, which helps enterprises navigate vendor billing. Cloudability serves a diverse clientele, including operations teams, product owners, finance departments, and executives, with additional offices located in Seattle, Boulder, Sydney, and London. The company operates as a subsidiary of Apptio, Inc.

Keyssa

Series C in 2014
Keyssa, Inc. specializes in the development and manufacturing of contactless connectors and wireless semiconductors utilizing millimeter-wave technology for data transfer. The company offers a compact system known as Kiss Connectivity, which facilitates simple, secure, and instantaneous data flow between devices without the need for metal connectors, cables, or traditional wireless networks. This innovative solution enables rapid transmission of large amounts of data and video between devices in close proximity while minimizing battery drain. Keyssa's technology relies on extremely high frequency signals and integrates advanced mechanical design, electromagnetics, materials science, and semiconductor technologies. Founded in 2009 and originally known as WaveConnex, Inc., Keyssa is headquartered in Campbell, California, with additional offices in Oregon, China, South Korea, and Taiwan.
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