Asset Manager

Updated:

Splashtop

Fast and secure solutions for remote work, remote support, remote learning & more at the best value. Splashtop remote access is #1 in user satisfaction.

Splashtop

Fast and secure solutions for remote work, remote support, remote learning & more at the best value. Splashtop remote access is #1 in user satisfaction.

General information

Firm type

Asset Manager

Year founded

2006

Location

Region

North America

Country

United States

City

San Jose

Corporate office

San Jose, CA, United States

Principals

Mark Lee

Co-founder

Robert Ha

Co-founder

Thomas Deng

Co-founder

Philip Sheu

Co-founder

Sector focus

Enterprise Software

Frequently asked questions

Who runs investment decisions at Splashtop?

Splashtop is an operating company, not an investment firm. Strategic and capital-allocation decisions reside with the four co-founders — Mark Lee, Robert Ha, Thomas Deng, and Philip Sheu — who have run the company together since 2006. Their venture backers (Sapphire Ventures, Storm Ventures, NEA, DFJ DragonFund) hold board seats but operational control remains with the founding team.

How does Splashtop acquire customers?

The company sells directly to enterprise IT organizations and through a channel of managed service providers. Its flagship case studies involve large deployments at companies like GE and Warner Bros., while the MSP channel extends reach into small and mid-sized businesses. The firm also operates a self-service subscription model for individuals and teams.

Is Splashtop structured as an asset manager or an operating business?

Splashtop is an operating enterprise-software business. It is not a family office, asset manager, or investment vehicle. The four co-founders own and operate the company alongside their venture capital investors.

Does Splashtop participate in fund commitments or direct deals?

No. Splashtop is an operating company and does not make fund commitments, direct investments, or co-investments. The capital it has raised ($49 million in early-stage funding and a $50 million growth round in January 2021) was used to build and scale its product suite.

What does Splashtop's product portfolio include?

The product suite covers attended and unattended remote access, remote support for IT helpdesks, and autonomous endpoint management with patch management and policy enforcement. The company also offers an on-premises deployment option for enterprise customers under Splashtop Enterprise.

Which sectors does Splashtop target?

Splashtop's software is horizontal — it serves any organization with distributed endpoints. The firm does not publicly segment by industry vertical. Known deployments include media and entertainment (Warner Bros.), energy (Strobel Energy Group), and education (St. Joseph's School for the Deaf), along with a large managed-service-provider channel.

What is Splashtop's known posture on co-investments or acquisitions?

Splashtop has not disclosed a strategy of acquiring other companies or co-investing alongside its venture backers. The only publicly described M&A activity is the acquisition of the founders' prior company, OSA Technologies, by Avocent in 2004 — which provided the capital and track record to launch Splashtop.

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