July 2020: Our First COVID-19 Investment and Updates
08.14.20
Blog, News
By Tribeca Venture PartnersAs the world shut down around us and we shifted to working from home, we were forced to reinvent our investment process. Our old investment process, which consisted of a lot of in-person interactions, just isn’t possible anymore. But we still need to invest in promising start-ups…it’s what we do. Post-COVID, a trusted VC partner intro’d us to Matt Gillis and the clean.io team. Chip’s been operating and investing in the martech space for over two decades, so we have a deep understanding of the problem space and the people in the sector, so we dug in. After completing numerous Zooms, phone calls, model reviews, and 2x our typical number of front and back door references, we closed our first COVID investment without ever meeting the team live. And you know what…it all worked just fine. We are pleased to announce that we are leading the Series A in clean.io.
clean.io is a cybersecurity company that protects enterprises from the execution of malicious and untrusted code. A single line of malicious JavaScript on a brand’s website or mobile app can breach data security, create poor user experiences, reduce revenue, and tarnish a brand’s reputation. clean.io stops it.
What We’re Reading
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Our Ghost-Kitchen Future The New Yorker
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How Payments Fintech Is Using Banking As A Service To Drive Growth Forbes
Governor Cuomo Announces $94 Million For School Technology Upgrades New York State
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