Battery Ventures

Battery Ventures, established in 1983 and headquartered in Boston, Massachusetts, is a technology-focused private equity and venture capital firm. It invests in early and growth-stage companies across various technology sectors, including application software, IT infrastructure, consumer internet, mobile services, and industrial technologies. The firm's investment strategy is global, targeting companies primarily in the United States, Europe, and Israel. Battery Ventures is registered as an Investment Adviser.

Roland Anderson

Principal

Dallin Bills

Principal

Sudheendra Chilappagari

Vice President, Investments

Danel Dayan

Venture Investor

Zak Ewen

Partner

Zakary Ewen

Partner

Cornel J. Faucher

Partner

Russell Fleischer

General Partner

Duncan Gills

Principal

Brandon Gleklen

Principal

Barak Schoster

Partner

Luis-Luca de Haas

Analyst, Investments

Satoshi Harris-Koizumi

Partner

Margaret Hendren

Analyst

Olivia Henkoff

Venture Capital Investor

Dillon Joyce

Principal

Max-Julian Kaye

Principal

Lior Mallul

Vice President, Investments

Thomas Marchioni

Analyst, Investments

Victoria Mayzlish

Analyst, Investments

Paul Morrissey

Principal

Elena Painter

Associate

Itzik Parnafes

General Partner

Matt Penney

Vice President, Information Technology

Aaron Rinberg

Vice President

Justin Rosner

Principal

Chris Schiavo

CFO

Collier Searle

Principal

Tate Searle

Analyst

Shiran Shalev

Partner

Zachary Smotherman

General Partner

Zack Smotherman

Partner and Private Equity Investor

Gavin Tasker

Associate, Investments

Estelle Tessaro

Analyst, Private Equity

Dharmesh Thakker

General Partner

Scott Tobin

Managing Partner

Chandler Ward

Analyst

Enzo Wiener

Associate, Investments

Peter Winans

Associate, Investments

Past deals in Hardware

Quantum Machines

Series C in 2025
Quantum Machines is a start-up focused on developing advanced control and operation systems for quantum computers. The company specializes in creating innovative software, hardware, and electronics that integrate classical engineering disciplines, including electrical, hardware, and software engineering, with the principles of quantum computing. By employing expertise in algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics, Quantum Machines aims to enhance the capabilities of quantum technology. Their next-generation quantum controllers are designed to translate quantum algorithms into pulse sequences, enabling organizations across various industries to execute complex quantum algorithms and experiments in an intuitive and efficient manner.

QSR Automations

Acquisition in 2024
QSR Automations, established in 1996, specializes in providing robust and reliable software and hardware solutions for the restaurant industry. The company is renowned for its leadership in kitchen display systems, serving a wide range of restaurant types and sizes globally. QSR's offerings include advanced kitchen video software and hardware, table management and reservations solutions, and a unique link to the kitchen and dining room, all aimed at enhancing productivity, improving profit, and creating memorable guest experiences. Their products, ConnectSmart and ePic, are compatible with over forty point-of-sale systems and are supported through direct sales, service, and support, as well as resellers. Additionally, QSR's innovative DineTime solution, launched in 2013, enables restaurants to efficiently manage waiting and seated guests via an iPad.

Nexite

Series C in 2022
Nexite Ltd, founded in 2017 and based in Tel Aviv, Israel, has developed a platform that enhances engagement with physical items for retailers and brands. The company offers a unique solution through its miniature NanoBT tags, which are battery-free, cost-effective, and can be embedded into products. This technology enables item tracking, inventory transparency, and business intelligence from manufacturing to the consumer's home. The platform provides real-time insights into customer behavior and item performance, assisting businesses in stock management, loss prevention, and optimizing in-store sales. By delivering actionable data on location and availability, Nexite's solutions facilitate improved customer experiences and support the development of new revenue streams for retailers.

Quantum Machines

Series B in 2021
Quantum Machines is a start-up focused on developing advanced control and operation systems for quantum computers. The company specializes in creating innovative software, hardware, and electronics that integrate classical engineering disciplines, including electrical, hardware, and software engineering, with the principles of quantum computing. By employing expertise in algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics, Quantum Machines aims to enhance the capabilities of quantum technology. Their next-generation quantum controllers are designed to translate quantum algorithms into pulse sequences, enabling organizations across various industries to execute complex quantum algorithms and experiments in an intuitive and efficient manner.

Nexite

Series B in 2020
Nexite Ltd, founded in 2017 and based in Tel Aviv, Israel, has developed a platform that enhances engagement with physical items for retailers and brands. The company offers a unique solution through its miniature NanoBT tags, which are battery-free, cost-effective, and can be embedded into products. This technology enables item tracking, inventory transparency, and business intelligence from manufacturing to the consumer's home. The platform provides real-time insights into customer behavior and item performance, assisting businesses in stock management, loss prevention, and optimizing in-store sales. By delivering actionable data on location and availability, Nexite's solutions facilitate improved customer experiences and support the development of new revenue streams for retailers.

Quantum Machines

Series A in 2020
Quantum Machines is a start-up focused on developing advanced control and operation systems for quantum computers. The company specializes in creating innovative software, hardware, and electronics that integrate classical engineering disciplines, including electrical, hardware, and software engineering, with the principles of quantum computing. By employing expertise in algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics, Quantum Machines aims to enhance the capabilities of quantum technology. Their next-generation quantum controllers are designed to translate quantum algorithms into pulse sequences, enabling organizations across various industries to execute complex quantum algorithms and experiments in an intuitive and efficient manner.

Quantum Machines

Seed Round in 2018
Quantum Machines is a start-up focused on developing advanced control and operation systems for quantum computers. The company specializes in creating innovative software, hardware, and electronics that integrate classical engineering disciplines, including electrical, hardware, and software engineering, with the principles of quantum computing. By employing expertise in algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics, Quantum Machines aims to enhance the capabilities of quantum technology. Their next-generation quantum controllers are designed to translate quantum algorithms into pulse sequences, enabling organizations across various industries to execute complex quantum algorithms and experiments in an intuitive and efficient manner.

Nexite

Series A in 2018
Nexite Ltd, founded in 2017 and based in Tel Aviv, Israel, has developed a platform that enhances engagement with physical items for retailers and brands. The company offers a unique solution through its miniature NanoBT tags, which are battery-free, cost-effective, and can be embedded into products. This technology enables item tracking, inventory transparency, and business intelligence from manufacturing to the consumer's home. The platform provides real-time insights into customer behavior and item performance, assisting businesses in stock management, loss prevention, and optimizing in-store sales. By delivering actionable data on location and availability, Nexite's solutions facilitate improved customer experiences and support the development of new revenue streams for retailers.

Audio Precision

Acquisition in 2018
Audio Precision, Inc. specializes in designing and developing audio analyzers and measurement equipment, serving the needs of consumer and professional audio manufacturers, as well as entertainment distributors globally. The company offers a variety of products, including performance and portable audio analyzers, accessories, and specialized tools for precise electro-acoustic testing of headphones and earphones. Audio Precision also provides APx audio measurement software and technical support services for audio testing applications. Its equipment is used to test a wide range of audio devices, including digital audio recorders, loudspeakers, and mixing consoles. Founded in 1984 and headquartered in Beaverton, Oregon, Audio Precision maintains additional offices in the United Kingdom and Ireland, and distributes its products through a global network of representatives and distributors. The company has built a reputation for innovation and high performance in audio testing over its three decades of operation.

Fungible

Series A in 2016
Fungible, Inc. is a company that specializes in developing hardware and software solutions for cloud data centers. Founded in 2015 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Fungible aims to enhance data movement through innovative technology. The company's core offering includes a low latency, high throughput, and highly programmable chip designed to optimize data flow in data centers. Additionally, Fungible provides full-stack infrastructure software that leverages standard components, protocols, and interfaces, focusing on improving the economics, security, and reliability of cloud data centers to meet evolving infrastructure demands. The founders of Fungible bring substantial experience from the networking, silicon, and software sectors, positioning the company to make a significant impact in the data center industry.

Diablo Technologies

Series C in 2016
Diablo Technologies is a private fabless semiconductor company established in March 2002, specializing in the design of large mixed signal ASIC products. The company focuses on developing memory system interface products tailored for next-generation enterprise computing, emphasizing high data rates, low power consumption, and low latency. Diablo's offerings enhance the performance of memory system designs, particularly in virtualization, database management, financial services, and big data analytics. By utilizing deep sub-micron CMOS technology and highly integrated bridging and switching solutions, Diablo aims to improve operational efficiency and enable organizations to achieve greater business value through effective resource consolidation.

Diablo Technologies

Venture Round in 2014
Diablo Technologies is a private fabless semiconductor company established in March 2002, specializing in the design of large mixed signal ASIC products. The company focuses on developing memory system interface products tailored for next-generation enterprise computing, emphasizing high data rates, low power consumption, and low latency. Diablo's offerings enhance the performance of memory system designs, particularly in virtualization, database management, financial services, and big data analytics. By utilizing deep sub-micron CMOS technology and highly integrated bridging and switching solutions, Diablo aims to improve operational efficiency and enable organizations to achieve greater business value through effective resource consolidation.

Diablo Technologies

Venture Round in 2013
Diablo Technologies is a private fabless semiconductor company established in March 2002, specializing in the design of large mixed signal ASIC products. The company focuses on developing memory system interface products tailored for next-generation enterprise computing, emphasizing high data rates, low power consumption, and low latency. Diablo's offerings enhance the performance of memory system designs, particularly in virtualization, database management, financial services, and big data analytics. By utilizing deep sub-micron CMOS technology and highly integrated bridging and switching solutions, Diablo aims to improve operational efficiency and enable organizations to achieve greater business value through effective resource consolidation.

Diablo Technologies

Funding Round in 2012
Diablo Technologies is a private fabless semiconductor company established in March 2002, specializing in the design of large mixed signal ASIC products. The company focuses on developing memory system interface products tailored for next-generation enterprise computing, emphasizing high data rates, low power consumption, and low latency. Diablo's offerings enhance the performance of memory system designs, particularly in virtualization, database management, financial services, and big data analytics. By utilizing deep sub-micron CMOS technology and highly integrated bridging and switching solutions, Diablo aims to improve operational efficiency and enable organizations to achieve greater business value through effective resource consolidation.

Zenverge

Series D in 2011
Zenverge is a privately held fabless semiconductor company specializing in advanced solutions for digital media products. It develops content networking integrated circuits (ICs) that utilize its patented TransAll technology, essential for next-generation video services gateways. The company's offerings cater to a variety of high-volume markets, including service provider set-top boxes, media gateways, consumer electronics like Blu-ray recorders and HDTVs, as well as media PCs and headend video networking equipment. With an experienced team of industry veterans, Zenverge has successfully shipped millions of ICs that enhance the end-to-end media flow, from broadcast centers to consumer homes. Backed by prominent investors, Zenverge focuses on delivering cost-effective and innovative solutions that meet the evolving demands of digital media.

XtremIO

Series B in 2011
XtremIO, based in Cupertino, California, and Herzelyia, Israel, specializes in developing next-generation storage solutions utilizing solid-state technology. The company offers all-flash, scale-out enterprise storage arrays that significantly enhance performance, accelerate applications, and manage higher workloads compared to traditional disk arrays. By deploying XtremIO’s systems in data centers, organizations can lower total ownership costs, reduce power consumption, and minimize physical space requirements. Their solutions simplify provisioning and eliminate the need for complex tuning across various applications, including virtual server and desktop infrastructure, database consolidation, and analytics. Founded in 2009, XtremIO has garnered support from several venture capital firms.

Zenverge

Series C in 2010
Zenverge is a privately held fabless semiconductor company specializing in advanced solutions for digital media products. It develops content networking integrated circuits (ICs) that utilize its patented TransAll technology, essential for next-generation video services gateways. The company's offerings cater to a variety of high-volume markets, including service provider set-top boxes, media gateways, consumer electronics like Blu-ray recorders and HDTVs, as well as media PCs and headend video networking equipment. With an experienced team of industry veterans, Zenverge has successfully shipped millions of ICs that enhance the end-to-end media flow, from broadcast centers to consumer homes. Backed by prominent investors, Zenverge focuses on delivering cost-effective and innovative solutions that meet the evolving demands of digital media.

Achronix Semiconductor

Series B in 2008
Achronix Semiconductor Corp. is a privately held fabless company based in Santa Clara, California, specializing in high-density and high-performance application-targeted field programmable gate arrays (FPGAs). Its flagship product line, Speedster22i, is built on Intel's advanced 22nm process technology and incorporates fully integrated hard IP protocol functions, making it suitable for communications applications. Achronix also offers Speedcore eFPGA IP for integration into customers' system-on-chip designs, as well as a comprehensive design tool suite known as the Achronix CAD Environment (ACE), which supports industry-standard synthesis tools. The company's products cater to various markets, including networking, optical/telecom, high-performance computing, test and measurement, and military and security sectors. Achronix sells its products through distributors across North America, Europe, Israel, China, and Russia. Founded in 2004, Achronix has research and development facilities in both Santa Clara and Bangalore, India.

Optichron

Venture Round in 2007
Optichron, Inc. specializes in nonlinear signal processing technology, designing and manufacturing integrated circuits that enhance cost and performance in communications applications. Founded in January 2003, the company addresses the challenge of nonlinear distortion, a significant barrier in signal processing across various industries. This distortion hinders optimal performance in areas such as communications and data conversion. Optichron's team has developed a proprietary mathematical approach that underpins a robust integrated circuit architecture, forming the basis of its linearization products. By effectively mitigating nonlinear distortion, the company's technology improves overall system design parameters, resulting in reduced component counts and improved efficiency, ultimately lowering costs and power consumption. Optichron's products find applications in diverse fields, including wireless communications, software-defined radio, medical imaging, satellite communications, radar, infrared imaging, and test and measurement instrumentation, supported by a digital pre-distortion development tool suite for design migration across multiple protocols.

Anobit Technologies

Series A in 2007
Anobit Technologies is a fabless semiconductor company that specializes in developing solutions for the Flash memory market. Founded in 2006 and based in Pituach, Israel, the company focuses on optimizing Flash memory devices for storage applications. Anobit's technology enhances the performance of NAND flash memory chips, which are integral to various consumer electronics, including iPhones, iPads, and iPods. By improving speed, endurance, and overall performance, Anobit's innovations enable clients to enhance their flash storage systems while reducing costs. In December 2011, Anobit Technologies was acquired by Apple, further integrating its advancements into Apple's product ecosystem.

Achronix Semiconductor

Series A in 2007
Achronix Semiconductor Corp. is a privately held fabless company based in Santa Clara, California, specializing in high-density and high-performance application-targeted field programmable gate arrays (FPGAs). Its flagship product line, Speedster22i, is built on Intel's advanced 22nm process technology and incorporates fully integrated hard IP protocol functions, making it suitable for communications applications. Achronix also offers Speedcore eFPGA IP for integration into customers' system-on-chip designs, as well as a comprehensive design tool suite known as the Achronix CAD Environment (ACE), which supports industry-standard synthesis tools. The company's products cater to various markets, including networking, optical/telecom, high-performance computing, test and measurement, and military and security sectors. Achronix sells its products through distributors across North America, Europe, Israel, China, and Russia. Founded in 2004, Achronix has research and development facilities in both Santa Clara and Bangalore, India.

Tejas Networks

Series D in 2006
Tejas Networks Limited is an Indian company that specializes in designing, developing, and manufacturing optical and data networking products. Established in 2000 and headquartered in Bengaluru, the company serves a diverse clientele, including telecommunications service providers, internet service providers, utility companies, defense organizations, and government entities, both domestically and internationally. Tejas Networks offers a wide range of products, including converged packet optical solutions, enterprise Ethernet switches, and high-density metro core platforms. Their offerings also encompass multi-service provisioning platforms, LTE solutions, and advanced GPON elements for optical access networks. Additionally, Tejas Networks provides software solutions for network management and optimization, along with services such as network planning, installation, and customer support. The company's products are utilized in various applications, including access networks and wireless backhaul, contributing significantly to its revenue primarily from the Indian market.

Luminus Devices

Series D in 2006
Luminus Devices is a developer and manufacturer of high-performance solid-state lighting solutions, focusing on its patented PhlatLight LED technology. This innovative technology offers high light output and versatility, enabling a wide range of applications in the global illumination market, including projection displays, entertainment, and general lighting. Luminus Devices aims to redefine the solid-state lighting landscape by creating advanced lighting products that were previously deemed impossible with traditional lighting technologies. Their PhlatLight LEDs are utilized by leading global companies in diverse consumer and specialty markets.

Luminus Devices

Series C in 2005
Luminus Devices is a developer and manufacturer of high-performance solid-state lighting solutions, focusing on its patented PhlatLight LED technology. This innovative technology offers high light output and versatility, enabling a wide range of applications in the global illumination market, including projection displays, entertainment, and general lighting. Luminus Devices aims to redefine the solid-state lighting landscape by creating advanced lighting products that were previously deemed impossible with traditional lighting technologies. Their PhlatLight LEDs are utilized by leading global companies in diverse consumer and specialty markets.

Optichron

Series B in 2005
Optichron, Inc. specializes in nonlinear signal processing technology, designing and manufacturing integrated circuits that enhance cost and performance in communications applications. Founded in January 2003, the company addresses the challenge of nonlinear distortion, a significant barrier in signal processing across various industries. This distortion hinders optimal performance in areas such as communications and data conversion. Optichron's team has developed a proprietary mathematical approach that underpins a robust integrated circuit architecture, forming the basis of its linearization products. By effectively mitigating nonlinear distortion, the company's technology improves overall system design parameters, resulting in reduced component counts and improved efficiency, ultimately lowering costs and power consumption. Optichron's products find applications in diverse fields, including wireless communications, software-defined radio, medical imaging, satellite communications, radar, infrared imaging, and test and measurement instrumentation, supported by a digital pre-distortion development tool suite for design migration across multiple protocols.

Vertical Circuits

Series B in 2005
Vertical Circuits is a global supplier of advanced die level vertical interconnect packaging technology, products, services and intellectual property for the manufacture of low-cost, ultra high-speed/high-density semiconductor components.

Tejas Networks

Series C in 2005
Tejas Networks Limited is an Indian company that specializes in designing, developing, and manufacturing optical and data networking products. Established in 2000 and headquartered in Bengaluru, the company serves a diverse clientele, including telecommunications service providers, internet service providers, utility companies, defense organizations, and government entities, both domestically and internationally. Tejas Networks offers a wide range of products, including converged packet optical solutions, enterprise Ethernet switches, and high-density metro core platforms. Their offerings also encompass multi-service provisioning platforms, LTE solutions, and advanced GPON elements for optical access networks. Additionally, Tejas Networks provides software solutions for network management and optimization, along with services such as network planning, installation, and customer support. The company's products are utilized in various applications, including access networks and wireless backhaul, contributing significantly to its revenue primarily from the Indian market.

Aurora Networks

Series B in 2002
Aurora Networks specializes in the development of optical transport equipment tailored for hybrid fiber coaxial (HFC) networks, which are widely utilized by cable television operators. The company focuses on creating advanced optical transport systems that facilitate the integration of digital broadband, voice, video, and data applications. Aurora's product offerings include headend and hub solutions, power supplies, special application back plates, CWDM Ethernet access systems, optical node products, Wi-Fi equipment, and field passives such as optical splitters and combiners. Additionally, they provide single-channel DWDM optical filters and optical mix modules, all designed to enhance the return on investment for broadband service providers.

Aurora Networks

Series B in 2001
Aurora Networks specializes in the development of optical transport equipment tailored for hybrid fiber coaxial (HFC) networks, which are widely utilized by cable television operators. The company focuses on creating advanced optical transport systems that facilitate the integration of digital broadband, voice, video, and data applications. Aurora's product offerings include headend and hub solutions, power supplies, special application back plates, CWDM Ethernet access systems, optical node products, Wi-Fi equipment, and field passives such as optical splitters and combiners. Additionally, they provide single-channel DWDM optical filters and optical mix modules, all designed to enhance the return on investment for broadband service providers.

Sigmatel

Venture Round in 2001
Sigmatel is a semiconductor company specializing in the design, development, and marketing of proprietary mixed-signal integrated circuits (ICs). These ICs combine significant analog circuitry, which is essential for manipulating real-world signals such as sound and light, with digital circuitry that processes data in binary form. By focusing on this integration of analog and digital technologies, Sigmatel aims to deliver innovative solutions tailored to various applications in the semiconductor industry.

Symmorphix

Series A in 2000
Symmorphix is focused on developing advanced Amplifying Planar Integrated Components (APICs) utilizing proprietary thin-film process technology. These compact components are designed to enhance optical networking equipment by compensating for signal loss and improving overall performance and scalability. The company also specializes in high-quality amorphous dielectric films, which are applicable in physical barrier, dielectric, and optical layer applications. Symmorphix employs a unique wide-area, low-temperature physical vapor deposition (PVD) process for film deposition, allowing for the creation of products with a diverse range of material compositions.

Lara Networks

Series B in 2000
Lara Networks is a fabless semiconductor manufacturer specializing in the design, development, and marketing of memory-intensive application-specific integrated circuits (ASICs) tailored for the networking and communications sectors. The company focuses on creating silicon-based packet processing solutions aimed at enhancing wide area network (WAN) infrastructure equipment. Additionally, Lara Networks provides network search engines that facilitate efficient data processing within network systems.

Sigmatel

Private Equity Round in 2000
Sigmatel is a semiconductor company specializing in the design, development, and marketing of proprietary mixed-signal integrated circuits (ICs). These ICs combine significant analog circuitry, which is essential for manipulating real-world signals such as sound and light, with digital circuitry that processes data in binary form. By focusing on this integration of analog and digital technologies, Sigmatel aims to deliver innovative solutions tailored to various applications in the semiconductor industry.

Aurora Networks

Series A in 2000
Aurora Networks specializes in the development of optical transport equipment tailored for hybrid fiber coaxial (HFC) networks, which are widely utilized by cable television operators. The company focuses on creating advanced optical transport systems that facilitate the integration of digital broadband, voice, video, and data applications. Aurora's product offerings include headend and hub solutions, power supplies, special application back plates, CWDM Ethernet access systems, optical node products, Wi-Fi equipment, and field passives such as optical splitters and combiners. Additionally, they provide single-channel DWDM optical filters and optical mix modules, all designed to enhance the return on investment for broadband service providers.

Sigmatel

Venture Round in 1999
Sigmatel is a semiconductor company specializing in the design, development, and marketing of proprietary mixed-signal integrated circuits (ICs). These ICs combine significant analog circuitry, which is essential for manipulating real-world signals such as sound and light, with digital circuitry that processes data in binary form. By focusing on this integration of analog and digital technologies, Sigmatel aims to deliver innovative solutions tailored to various applications in the semiconductor industry.

Lara Networks

Series B in 1999
Lara Networks is a fabless semiconductor manufacturer specializing in the design, development, and marketing of memory-intensive application-specific integrated circuits (ASICs) tailored for the networking and communications sectors. The company focuses on creating silicon-based packet processing solutions aimed at enhancing wide area network (WAN) infrastructure equipment. Additionally, Lara Networks provides network search engines that facilitate efficient data processing within network systems.

Lara Networks

Series A in 1999
Lara Networks is a fabless semiconductor manufacturer specializing in the design, development, and marketing of memory-intensive application-specific integrated circuits (ASICs) tailored for the networking and communications sectors. The company focuses on creating silicon-based packet processing solutions aimed at enhancing wide area network (WAN) infrastructure equipment. Additionally, Lara Networks provides network search engines that facilitate efficient data processing within network systems.

Packet Engines

Funding Round in 1997
Packet Engines is a developer and manufacturer specializing in Gigabit Ethernet and routing-switch technology. The company creates networking solutions by designing and producing a range of products, including switches, hubs, and network interface cards. In addition to hardware, Packet Engines also offers intellectual property licenses related to its networking innovations. Through its focus on Gigabit Ethernet systems, the company aims to enhance the performance and efficiency of network communications.
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