ITU Ventures is a California-based investment firm that specializes in early-stage technology companies emerging from leading universities, research institutions, and corporations across the United States. Founded in 2002, it focuses on sectors such as software, semiconductors, and commercial products. The firm targets investments primarily in California, New Mexico, and the Midwest, seeking to support innovative startups with high growth potential. ITU Ventures aims to leverage its expertise and network to foster the development of technology businesses that contribute to advancements in various industries.
Luxtera, Inc. is a company specializing in silicon photonics technology, focusing on the design and production of optical modules for data centers and mobile infrastructure. Established in 2001 and headquartered in Carlsbad, California, Luxtera has developed a range of products, including faceplate pluggable optical transceivers and embedded optical transceivers. By integrating high-performance optics directly with silicon electronics on a standard CMOS chip, Luxtera has pioneered direct "fiber to the chip" connectivity, significantly enhancing the capabilities of high-speed optical communications. The company's innovative approach combines the long reach of single-mode fiber with cost-effective, highly integrated optoelectronics, resulting in advanced transceiver devices. As a fabless semiconductor company, Luxtera leverages ultra-large scale integration in its production process to offer low-cost, high-volume optics solutions with superior performance and reliability. In December 2018, Luxtera became a subsidiary of Cisco Systems, further solidifying its position in the optical communications industry.
XAware is an open-source data integration vendor that specializes in creating composite data services. The company offers a suite of tools, including XAware Designer, an Eclipse plug-in that facilitates the design, testing, and deployment of standards-compliant web services and data integration applications. Its XAware Engine enables the management of concurrent web services, while various connectors and adapters help users access and integrate data across applications and business processes. XAware’s solutions are designed to transform data into reusable services for real-time integration, supporting service-oriented architecture and rich Internet applications. The platform adheres to key technical and industry standards, allowing for seamless integration in diverse environments.
Holochip Corporation develops and manufactures adaptive polymer lenses (APL) that enable engineers, scientists, and consumers to utilize and manipulate light. It offers OEM zoom lens modules for camera and camera-module manufacturers; adaptive singlet lenses for optical research and engineering; and optical solutions for military, medical, and automotive industries. The company was founded in 2002 and is based in Albuquerque, New Mexico with an additional office in Hawthorne, California.
Comet Solutions, Inc. specializes in developing software applications that streamline engineering simulation for product development. Founded in 2001 and headquartered in Cincinnati, Ohio, the company offers a range of tools known as SimApps, which automate modeling and simulation tasks for manufacturers. These applications facilitate "what if?" analyses, assess the impact of design changes, and promote collaborative efforts among design and engineering teams, even involving non-experts in the simulation process. Additionally, Comet Solutions provides Gearbox SimApps, an automated solution focused on optimizing performance in areas such as acoustics, dynamics, durability, and cost management. The company also offers a variety of services, including SimApp development, training, and consulting for computer-aided engineering (CAE) processes. Its products are applicable in various sectors, including aerospace, consumer goods, electronics, and automotive industries. Comet Solutions operates additional offices in Albuquerque, New Mexico; Troy, Michigan; Shanghai, China; and India.
Chip Estimate Corporation is an electronic design automation company that specializes in integrated chip (IC) project planning solutions. It operates the ChipEstimate.com portal, which serves the electronics and semiconductor design communities by providing chip planning capabilities. The company develops the InCyte chip estimation systems, which integrate intellectual property (IP) and manufacturing process models to facilitate accurate chip estimation. Its offerings include InCyte Lite, designed for early project feasibility analysis, and the InCyte Enterprise system, which generates refined chip specifications and customized estimations tailored to corporate needs. Chip Estimate also provides enterprise-level IP reuse management solutions. Founded in 2003 and headquartered in Cupertino, California, the company was formerly known as Giga Scale Integration Corporation and became a subsidiary of Cadence Design Systems, Inc. in 2006.
XAware is an open-source data integration vendor that specializes in creating composite data services. The company offers a suite of tools, including XAware Designer, an Eclipse plug-in that facilitates the design, testing, and deployment of standards-compliant web services and data integration applications. Its XAware Engine enables the management of concurrent web services, while various connectors and adapters help users access and integrate data across applications and business processes. XAware’s solutions are designed to transform data into reusable services for real-time integration, supporting service-oriented architecture and rich Internet applications. The platform adheres to key technical and industry standards, allowing for seamless integration in diverse environments.
g8wave
Series A in 2006
8Wave, a Boston-based provider of a technology platform for marketing through mobile phone networks.
Comet Solutions, Inc. specializes in developing software applications that streamline engineering simulation for product development. Founded in 2001 and headquartered in Cincinnati, Ohio, the company offers a range of tools known as SimApps, which automate modeling and simulation tasks for manufacturers. These applications facilitate "what if?" analyses, assess the impact of design changes, and promote collaborative efforts among design and engineering teams, even involving non-experts in the simulation process. Additionally, Comet Solutions provides Gearbox SimApps, an automated solution focused on optimizing performance in areas such as acoustics, dynamics, durability, and cost management. The company also offers a variety of services, including SimApp development, training, and consulting for computer-aided engineering (CAE) processes. Its products are applicable in various sectors, including aerospace, consumer goods, electronics, and automotive industries. Comet Solutions operates additional offices in Albuquerque, New Mexico; Troy, Michigan; Shanghai, China; and India.
Authenticlick is a web analytics company focused on enhancing the quality of web traffic for online advertising optimization. The company provides solutions that promote transparency in the search and display advertising marketplace through a standardized quality scoring system. Authenticlick's platform offers comprehensive web traffic quality reporting and analytical tools, allowing advertisers to gain a detailed understanding of their web traffic quality. By applying its scoring methodologies, Authenticlick enables advertisers to make informed decisions that can significantly improve conversion rates and return on ad spend.
Pivotal Systems Corporation designs, develops, manufactures, and sells gas flow controllers for the semiconductor industry in Asia and North America. The company's platform includes gas flow controller product lines that provide real-time monitoring and control of the critical parameters difficult to control in wafer processing. It serves integrated device manufacturers, foundries, and original equipment manufacturers. The company was founded in 2003 and is headquartered in Fremont, California.
Penthera Partners, Inc. is a software company that specializes in portable video solutions for television networks and content distributors globally. Founded in 2005 and headquartered in Pittsburgh, Pennsylvania, with additional offices in New York, Penthera develops software products that facilitate the transfer of video content from the cloud to mobile and IP-enabled devices. One of its key offerings, Cache&Carry, allows users to download large videos for offline viewing, ensuring access even without network connectivity. The company's technology addresses common streaming challenges like buffering and low quality, enhancing the video experience for audiences and helping to reduce stream abandonment. Penthera serves a diverse clientele, including network operators, device manufacturers, and entertainment companies, aiming to provide seamless video viewing across various platforms.
Agility Design Solutions
Series B in 2005
Agility Design Solutions, Inc. develops software tools that shorten the time to design, verify, and implement signal processing algorithms. The company offers solutions for algorithm acceleration, prototyping, and implementation in software and hardware. Its products include RMS, which improves the execution speed of MATLAB programs; MCS, which automatically synthesizes MATLAB code to C code; MCS Function Library, which includes functions that are synthesized using MCS to generate ANSI-C source; DK Design Suite, a design environment for C-based algorithmic design entry, simulation, and synthesis; RC Series Platforms, a family of FPGA-based rapid prototyping/development boards; and PixelStreams Imaging Library, which includes IP cores for digital image and video processing. The company also offers training, support, and algorithm implementation consulting services. It serves customers in various fields, including video analysis, image recognition, and wireless and wired communications. The company markets and sells its products through direct sales channels and local distributors in North America, Asia, and Europe. Agility Design Solutions, Inc. was formerly known as Catalytic, Inc. and changed its name to Agility Design Solutions, Inc. in January, 2008. Agility Design Solutions, Inc. was founded in 2001 and is headquartered in Palo Alto, California with additional offices in Austin, Texas; Abingdon, England; and Yokohama, Japan.
Coled Display Technology
Series A in 2005
COLED, a super energy conservation technology for display application. They currently have patents filed in USA, China, Japan, Korea and internationally. This is a game-changing technology that will correct the existing problems of OLED and other display technology. COLED technology provides the sunlight readable screens to users, who will no longer need to charge their cell phones on a daily basis. In addition, they provide simple structures that will enable display manufacturers to save 30 - 35% in manufacturing costs. This will ultimately pass the cost-saving benefits to consumers. COLED Display Technology Inc, formed a collaboration with SRI to co-develop this great technology and they anticipate to complete the single color prototypes in 12 months and the full color prototypes in 18 months. They are seeking financial and strategic partners to commercialize this game-changing technology with a global market growing to $160+ billion in 2017.
Dynamic Organic Light
Series A in 2005
Dynamic Organic Light, Inc. develops novel organic materials for use in next generation flat panel displays, solar cells, and solid state lighting. Dynamic Organic Light, Inc. was formerly known as COLED Technologies Incorporated till 2006. The company was founded in 2003 and is based in Longmont, Colorado.
XAware is an open-source data integration vendor that specializes in creating composite data services. The company offers a suite of tools, including XAware Designer, an Eclipse plug-in that facilitates the design, testing, and deployment of standards-compliant web services and data integration applications. Its XAware Engine enables the management of concurrent web services, while various connectors and adapters help users access and integrate data across applications and business processes. XAware’s solutions are designed to transform data into reusable services for real-time integration, supporting service-oriented architecture and rich Internet applications. The platform adheres to key technical and industry standards, allowing for seamless integration in diverse environments.
PowerSicel, Inc. is a Boulder, Colorado based company that was spun off from the University of Colorado and Astralux, Inc. in 2001 with a mission to commercialize enabling SiC power electronics with significant performance and cost enhancements over both conventional and future technologies. PowerSicel was seed funded by ITU Ventures and subsequently raised additional capital from both ITU Ventures and Digital Power Capital.
Hier Design
Series B in 2003
Hier Design Inc. develops, markets, and supports hierarchical floor planning and analysis software for design of ultra deep sub-micron, multi-million gates, and Field Programmable Gate Arrays (FPGA).
XAware is an open-source data integration vendor that specializes in creating composite data services. The company offers a suite of tools, including XAware Designer, an Eclipse plug-in that facilitates the design, testing, and deployment of standards-compliant web services and data integration applications. Its XAware Engine enables the management of concurrent web services, while various connectors and adapters help users access and integrate data across applications and business processes. XAware’s solutions are designed to transform data into reusable services for real-time integration, supporting service-oriented architecture and rich Internet applications. The platform adheres to key technical and industry standards, allowing for seamless integration in diverse environments.
Luxtera, Inc. is a company specializing in silicon photonics technology, focusing on the design and production of optical modules for data centers and mobile infrastructure. Established in 2001 and headquartered in Carlsbad, California, Luxtera has developed a range of products, including faceplate pluggable optical transceivers and embedded optical transceivers. By integrating high-performance optics directly with silicon electronics on a standard CMOS chip, Luxtera has pioneered direct "fiber to the chip" connectivity, significantly enhancing the capabilities of high-speed optical communications. The company's innovative approach combines the long reach of single-mode fiber with cost-effective, highly integrated optoelectronics, resulting in advanced transceiver devices. As a fabless semiconductor company, Luxtera leverages ultra-large scale integration in its production process to offer low-cost, high-volume optics solutions with superior performance and reliability. In December 2018, Luxtera became a subsidiary of Cisco Systems, further solidifying its position in the optical communications industry.
Skyflow, Inc. is a technology company based in Los Altos, California, that specializes in providing a privacy data vault platform for businesses to securely store and manage sensitive user information, such as social security numbers and other personally identifiable information (PII). Established in 2017 and formerly known as Prekari Labs, the company offers a modern, cloud-native solution that employs polymorphic encryption and tokenization to protect data across various applications. Skyflow's platform allows organizations to efficiently manage, access, and govern sensitive data through a set of application programming interface (API) calls, ensuring compliance with stringent privacy standards. The company has steadily expanded its customer base and continues to innovate in the realm of data privacy and security.
Isovia specializes in developing wireless applications that facilitate supply chain and customer relationship management within a mobile context. The company has assembled a team of experts in enterprise applications, wireless technologies, and speech recognition to create a comprehensive suite of mobile business applications. These applications leverage wireless connectivity and intelligent synchronization technologies, ensuring functionality across various devices, including smartphones, PDAs, two-way pagers, and voice interfaces. Isovia's focus on mobility enables businesses to manage their operations and customer interactions more effectively in today's fast-paced market.
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