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Before building Coviu, Silvia was a pioneer in the field of web video solutions, where she co-edited the standards that made video a prime citizen of the Web, underpinning the likes of Netflix and YouTube.
Silvia has a PhD in computer science and a Masters in business management. She has over 20 years of experience working with Google, Firefox, NICTA, and CSIRO on online video technology and is recognised as an expert at the intersection of health and technology.
The collapse last week of Silicon Valley Bank (SVB) sent shockwaves through the venture capital and technology sectors. SVB was the 16th largest bank in the United States. Its failure marked the second largest banking collapse in US history. SVB was a key banking partner to the venture capital and startup sectors, and its collapse left many thousands of companies unable to access their funds.
In a sign of the potential ramifications, the US government, via its Federal Deposit Insurance Corporation (FDIC), moved quickly to guarantee the security of all cash on deposit and to ensure that all clients of SVB would recover their funds in full.
A number of EVP companies had a US banking relationship with SVB. Whilst cash will be recovered in full under the FDIC guarantee, the bank’s collapse caused significant disruption for several businesses who relied on SVB for payroll processing and for receipt of customer payments. All have acted quickly to establish new banking arrangements and to communicate updated payment arrangements to their customers.
The collapse of SVB will have ongoing repercussions across the US technology ecosystem. For now, the direct impact on the EVP portfolio is minor.
Mutinex_
Mutinex has developed an AI based marketing analytics platform, used by large marketing teams to optimise the allocation of their marketing spend. EVP led the company’s $5m funding round with an investment of $3.4m.
Nexl_
Nexl is a relationship intelligence platform for legal firms. The Nexl product helps lawyers manage client relationships and optimise revenue opportunities. EVP led the company’s funding round with an investment of $2m.
ClearCalcs Investment Notes_
We’re proud to have completed a follow-on investment into ClearCalcs. ClearCalcs is a platform used by structural engineers and architects to perform complex calculations for the design of residential and commercial buildings.
ClearCalcs continues to deliver exceptional early growth as it builds customer numbers across Australia, Europe and the US. EVP’s Mark Velik explains why it was an easy decision to continue to support the ClearCalcs team.
Talent_OS Blog_
Fergus Gillanders is an Account Manager who recently transitioned into a Product Manager role at Ignition, an Australian-founded, global startup providing a client engagement and commerce platform for professional services businesses, with a focus on the accounting sector.
As a part of our talent series focused on operators in our portfolio, we had the pleasure of sitting down with Fergus to learn more about his experience as an Account Manager & Product Manager at Ignition.
Over 100 opportunities are currently available across the EVP Portfolio: