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StarVest extends SaaS portfolio

StarVest Partners, a venture capital firm investing in technology-enabled business services companies throughout the US, has made four investments in software-as-a-service companies fro

StarVest Partners, a venture capital firm investing in technology-enabled business services companies throughout the US, has made four investments in software-as-a-service companies from its oversubscribed USD244m Fund II.

The companies are Host Analytics, PivotLink, ThinkPassenger and Iron Solutions.

Host Analytics is a fast-growing corporate performance management on-demand vendor. StarVest recently led a series B round, and Deborah A. Farrington, StarVest general partner, recently joined the Host Analytics’ board of directors.

In the first quarter of 2009, StarVest also led a series C round in PivotLink, a provider of on-demand business intelligence solutions.

Iron Solutions is based in St. Louis and is an online partner for farm and construction equipment manufacturers and dealers and is a partner of NetSuite.

Meanwhile, ThinkPassenger is a Los Angeles-based on-demand digital marketing services solution that provides private communities for corporations to enable ongoing conversations with their customers. Customers include many major consumer brand companies, including Coca-Cola, Adidas and Disney.

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