Charley Lax

GrandBanks Capital, Inc. (GrandBanks Capital) is a venture capital firm founded in 2000 by Charley R. Lax and Ryan Robert Moore. The firm is headquartered in Needham, Massachusetts.

SilverRail Technologies, Inc. provides technology solutions for the distribution of train tickets and other rail-related products. It offers SilverCore, a global rail distribution platform that brings railways and travel retailers together. The firm also offers SilverAPI that provides end-to-end booking services that comprise search, book, cancel, payment, and ticketing, SilverAgent Lite, a Web-based application that delivers travel management companies’ access to live reservations made through its online booking tool partners, and SilverAgent Pro, a Web-based application for travel professionals that provide staff with a Web interface to search, book, pay, ticket, and modify company global rail content. The company was founded by Aaron M. Gowell and William D. Phillipson in 2009 and is headquartered in Boston, MA.

At OutStart, they are out to solve a big problem. Most organizations posses a wealth of underutilized collective intelligence around their products, services and processes. This underutilization negatively impacts employees, customers and partners, costing precious time and money while hindering performance. Said simply, 'what your people don't know will hurt you.' OutStart's social business software and learning systems act like a lifeline: connecting people to the know-how, creativity and learning they require to be efficient, effective and agile. Since its inception in 1999, and backed by leading venture capital firms, OutStart has matured into a profitable and rapidly growing company with an impressive range of customers who are surpassing expectations and delivering exceptional business results. The company is honored to have customers like Autodesk, BB&T, Boeing Company, BT, CVS Caremark, DIRECTV, EDS, General Dynamics, Internal Revenue Service, Lufthansa, McDonald's, MetLife, Prudential, TiVo, Australian Defense Force, U.S. Navy, UK Ministry of Defense, Verizon Wireless and Yum! Brands.

Incipient, Inc. develops and markets data storage software solutions. It engages in the development of enterprise-class storage, storage area networks, storage virtualization, and automated data migration software solutions. The firm offers data migration, automated storage provisioning, data copy services, and data protection solutions. The company was founded in 2001 and is headquartered in Waltham, MA.

Silicon Labs Ember, Inc. provides wireless sensor and control network technologies. The firm develops wireless mesh networking technology chips, software, tools for Smart Energy, connected homes, as well as many other monitoring and control applications. The company was founded in 2001 and is headquartered in Boston, MA.

Colubris Networks, Inc. provided wireless computer networking equipment used to build wireless LANs. The company was founded in 2000 by Pierre Trudeau and was headquartered in Waltham, MA.

Coradiant, Inc. manufactures user performance monitoring equipment. The company was founded by Thanos Moschopoulos in 1997 and is headquartered in San Diego, CA.

CXO Systems, Inc. provides risk and operational intelligence software solutions for senior managers. Its products include CXO Visibility 3.5, Studio, Operational Dashboards and Cisco AON and CXO. The company was founded by Carter Michael M. and Batra Alok in 2002 and is headquartered in Watertown, MA.

Phoenix Technologies Ltd. designs, develops, and sells systems software products for PCs, peripherals, and information appliances. It develops basic input/output systems (BIOS), the software that loads a computer's operating system each time it is turned on. The company was founded by Rich W. Levandov in 1979 and is headquartered in Campbell, CA.