Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Bookmark and Share   

Home

Marketplace
Database
Deals
News
Store
Resources
Contact Us

 

 

 

News

VCPro Database 2014 (17th Edition) Now Available! Newly released


Venture Capital Deals Spreadsheet Now Available Newly released


 

OGSystems Announces Partnership with General Catalyst to Pursue Acquisitions and Enhancements of VIPER Labs

Tad Elmer, XIR at General Catalyst Partners and Former CEO of BBN Technologies, Joins OGSystems’ Board of Directors

CHANTILLY, Va., May 1, 2014-- OGSystems today announced a partnership with General Catalyst Partners that will enable OGSystems to accelerate an innovation engine focused on the creation of agile software and integration solutions across cybersecurity, geospatial, and data science disciplines for the Department of Defense (DoD), Intelligence Community (IC) and commercial clients. The company also announced the appointment of Tad Elmer, an XIR at General Catalyst and former CEO of BBN Technologies (a long-time innovator in the DoD/IC space), to its board of directors.

OGSystems (OGS) was founded in 2004 with the mission to provide technically advanced solutions to customers through a culture of constant innovation, and a vision to effect positive change in every engagement. In an industry that is accustomed to long and inefficient procurement cycles, OGS has been an alternative for DoD and IC clients seeking innovative, nimble companies to solve their most difficult problems. OGS’ growth is driven by a customer centric focus, an ability to grow talented engineers, proven performance across mission critical prime contracts, and a start-up culture that produces ideas and avoids red tape. Coupling mission expertise with the Virtual Integrated Product Engineering Room (VIPER) Labs idea-to-platform innovation center enables immersion engineering solutions that are fit for very unique purposes. VIPER Labs is a key component of OGSystems’ innovation engine, providing a space for staff, clients, and partners to collaborate on building next-generation solutions by leveraging the platform’s rapid prototyping and agile development capabilities.

“Our tagline, ‘Own the Outcome’, is a mental state and mantra for everyone at OGSystems to take responsibility and embrace the risk of new ideas, and it has defined our success in delivering customer innovation,” said Garrett Pagon, co-founder and president of OGSystems. “VIPER embodies OGS’ culture and mission. It is a playground for creative engineers to explore and define the art of the possible in the areas that matter most to our clients”, said Omar Balkissoon, co-founder and CEO of OGSystems. “Our partnership with General Catalyst will fuel the rapid velocity of that innovation and active, efficient engineering. General Catalyst embraces creativity through disruptive business models and has invested in innovation pioneers like BBN Technologies, all of which are highly relevant to our mission and future growth.”

OGSystems’ investment in emerging talent, technologies and techniques provides a foundation for an entrepreneurial culture that rewards ingenuity and calculated risk taking. Inspiration for project initiatives comes from the company’s customer engagements, mission understanding, design contests, and simple imagination. This focus on new thinking, backed by focused investment capital, will further inspire commercially available platform services. OGSystems has a growth rate of over 100% year-over-year since inception and employs over 220 geospatial engineers, software developers, data scientists and analysts, and mission subject matter experts.

“I look forward to collaborating with Omar, Garrett and the OGS team and leveraging my experience at BBN Technologies to create new opportunities for partnership and growth,” said Tad Elmer, an XIR at General Catalyst and board member of OGSystems. “The IC and DoD are ripe for a new platform to deliver rapid innovation. OGS is perfectly positioned to deliver needed solutions quickly and efficiently.”

About OGSystems

OGSystems (OGS) specializes in mission-focused agile software development and systems engineering for the Department of Defense (DoD), Intelligence Community (IC), and commercial markets. OGS is headquartered in Chantilly, Virginia and has employees located throughout the country and overseas. OGS has a growth rate of over 100% year-over-year since inception and currently has a team of more than 220 geospatial engineers, software developers, data scientists and analysts, and mission subject matter experts in the areas of cybersecurity, geospatial intelligence, and big data analytics. Our goal is to provide rapid, innovative, and cost-effective solutions to the US Government and commercial businesses in our core service areas. For more information, visit: www.ogsystems.com.

About the General Catalyst XIR Program

Exceptional businesses are built by exceptional people. General Catalyst’s XIR program combines experience, expertise and acceleration strategies to support founders building transformative businesses, enabling profitable, mid-market companies at the threshold of hyper-growth to realize their full potential. XIRs are proven founders and CEOs – operators with deep domain expertise who have built and grown companies with hundreds of millions to over a billion dollars in revenues. XIRs identify investments and work alongside founders to provide leadership, mentorship and operational support to drive rapid scale via an active board role. This collaboration is the X-factor that accelerates the trajectory and improves the eventual outcome of a business.

About General Catalyst Partners

General Catalyst Partners is a venture capital firm that makes early-stage and growth equity investments. The firm backs exceptional entrepreneurs who are building innovative technology companies that transform industries, including KAYAK, Demandware, Stripe, Airbnb, The Honest Company, Warby Parker, Datalogix, BigCommerce, Snapchat, HubSpot, and Datto. The General Catalyst partnership leverages its broad experience to help founders build market-leading businesses. General Catalyst has offices in Cambridge, MA, Palo Alto, CA and New York City. For more information, visit: www.generalcatalyst.com or www.twitter.com/gcvp.

Contact:
General Catalyst Partners
Katja Gagen, 415-690-6689
kgagen@generalcatalyst.com


News Index

Venture Capital Database

Venture Capital Deals Spreadsheet

 

 NEWS

Latest VC News
VC News Archive
News Search
Venture Capital Deals New
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Venture Capital Deals

vcaDeals
Download Sample
Buy Now

VC Tools

Venture Capital StarterPak
VC Pitch
Private Placement Memorandum
Confidentiality Agreement Package
Series A Preferred Term Sheet
Bridge Financing Contract
Employment Agreements
Understanding Employee Stock Options

Business Plan Tools

Free Business Plan Template
Sample Business Plans
Business Plan Pro

 

 

Copyright © 1998-2014 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer