Founded in 1993, Spinner Asset Management focuses on early and late stage ventures, typically funding Series C and Series B rounds. Some of its notable portfolio companies include Xactly, a provider of cloud-based incentive compensation software, Netronome Systems, a developer of programmable semiconductor products for network and communications devices, and kSARIA, a company specializing in fiber optic solutions for retrofitted weapon systems and commercial aircrafts. The fund has a preference for investing in startups with founders who are 1 year old or less, and typically participates in rounds with 5 other investors.