# Frank Lee

> Frank Lee is a Series B investor at Applied Ventures (San Francisco) backing SaaS and Database. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Applied Ventures](https://shizune.co/investors/profile/applied-ventures)
- Location: San Francisco, United States
- Total investments: 4
- Last investment: Nov 2013
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/frank-lee-0152753/

Frank Lee is a Series B investor at Applied Ventures in San Francisco focused on SaaS and Database. Frank Lee is the Sr. Investment Director at Applied Ventures.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 25% |
| Database | 1 | 25% |
| Security | 1 | 25% |
| Software | 1 | 25% |
| Marketing | 1 | 25% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 2 | 50% |
| Series C | 1 | 25% |
| Series D | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cloudwords | Cloudwords unleashes powerful project management capabilities to speed time to market for global campaigns and localized content. By connecting marketing systems and automating project workflow, Cloudwords eliminates time-consuming tasks and delivers unprecedented visibility into the localization process. With Cloudwords, marketers realize theglobal value of their marketing technology stack, enabling the delivery of more personalized content, in more languages, to more customers at a speed and quality impossible to achieve with manual processes.Delivering strategic integration capabilities for all leading marketing automation and content management systems, Cloudwords is an integral partner in the localization process for Fortune 500 and Global 2000 companies worldwide, including PTC, Iron Mountain, Agilent, Hubspot, Oracle, Marketo, McDonald’s, CA Technologies, and Verisign. Headquartered in San Francisco, Cloudwords is backed by Storm Ventures and Cloud computing visionaries such as Marc Benioff, founder of salesforce.com. Visit www.cloudwords.com for more information and join the global conversation on Twitter (@cloudwordsinc). | $9.1M | Series B | Nov 22, 2013 |  |
| QSecure | QSecure is the platform company whose SmartStripeâ„¢ electronic powered credit cards prevent the use of stolen card data without changing retail systems or card holder behavior. QSecure's patented, magnetic media chip and authentication solutions are designed to allow card issuers to deliver solutions to protect card data without requiringchanges to the card processing environment.QSecure's initial solution is based on a proprietary chip that is embedded in the magnetic stripe and creates a unique number on the magnetic stripe each time the card is used. The unique number for each transaction is authenticated by the card issuer in real time using QSecure's patented authentication technology. | $10M | Series D | Oct 05, 2009 |  |
| QSecure | QSecure is the platform company whose SmartStripeâ„¢ electronic powered credit cards prevent the use of stolen card data without changing retail systems or card holder behavior. QSecure's patented, magnetic media chip and authentication solutions are designed to allow card issuers to deliver solutions to protect card data without requiringchanges to the card processing environment.QSecure's initial solution is based on a proprietary chip that is embedded in the magnetic stripe and creates a unique number on the magnetic stripe each time the card is used. The unique number for each transaction is authenticated by the card issuer in real time using QSecure's patented authentication technology. | $5M | Series C | Dec 21, 2007 |  |
| QSecure | QSecure is the platform company whose SmartStripeâ„¢ electronic powered credit cards prevent the use of stolen card data without changing retail systems or card holder behavior. QSecure's patented, magnetic media chip and authentication solutions are designed to allow card issuers to deliver solutions to protect card data without requiringchanges to the card processing environment.QSecure's initial solution is based on a proprietary chip that is embedded in the magnetic stripe and creates a unique number on the magnetic stripe each time the card is used. The unique number for each transaction is authenticated by the card issuer in real time using QSecure's patented authentication technology. | $10M | Series B | Nov 15, 2006 |  |

4 of 4 investments shown.

## Co-investors
- [AllegisCyber](https://shizune.co/investors/profile/allegis-capital) — VC Fund, 3 deals together
- [Societe Generale S.A.](https://shizune.co/investors/profile/societe-generale) — VC Fund, 2 deals together
- [Storm Ventures](https://shizune.co/investors/profile/storm-ventures) — VC Fund, 1 deal together
- [Worldview Technology Partners](https://shizune.co/investors/profile/worldview-technology-partners) — VC Fund, 1 deal together

## About Applied Ventures

VC Fund · Santa Clara, United States

Applied Ventures, LLC is the venture capital fund of Applied Materials, Inc., (NASDAQ: AMAT), the global leader in nanomanufacturing technology solutions for the electronics industry with a broad portfolio of innovative equipment, service, and software products. At Applied Materials, they apply nanomanufacturing technology to improve the way peoplelive.Applied Ventures invests in early-stage technology companies that promise to deliver high growth and exceptional returns. Their charter is to profitably invest in companies that provide a window on technologies that advance or complement Applied Materials' core expertise. Their investments help develop technologies and markets that provide natural extensions to Applied Materials' core business and stimulate the growth of applications for semiconductors, displays, solar PV, and related products and services.

4 contacts available at Applied Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Anand Kamannavar | Founder & Global Head | https://shizune.co/investors/profile/anand-kamannavar |
| Frank Lee | Sr. Investment Director | https://shizune.co/investors/profile/frank-lee-2 |
| Rajesh Ramanujam | Director | https://shizune.co/investors/profile/rajesh-ramanujam-f354 |
| Steven Konsek | Principal | https://shizune.co/investors/profile/steven-konsek |

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Frank Lee invest in?

Frank Lee invests primarily in SaaS, Database and Security startups, most often at Series B and Series C stage. Most of the 4 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Frank Lee last invest?

The most recent investment recorded for Frank Lee closed in Nov 2013. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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