Digital Alpha Advisors

Digital Alpha Advisors is a private equity firm founded in 2017 and based in Henderson, Nevada. The firm specializes in investing in the digital technology sector, focusing on areas such as digital infrastructure, next-generation networks, cloud computing, the Internet of Things, and smart city initiatives. Digital Alpha Advisors manages an infrastructure fund that targets early-stage companies within these industries, aiming to support the growth of essential services and solutions needed in the rapidly evolving digital economy. The firm is registered as an investment adviser, reflecting its commitment to professional investment management.

Vasa Babic

Partner

Jeff Frazier

Operating Partner

Karl Meyer

Partner

Cornelius Sheridan

Principal and Partner

Rick Shrotri

Founder, Managing Partner

13 past transactions

Sharecare

Post in 2021
Sharecare is the digital health company that helps people manage all their health in one place. The Sharecare platform provides each person – no matter where they are in their health journey – with a comprehensive and personalized health profile, where they can dynamically and easily connect to the information, evidence-based programs and health professionals they need to live their healthiest, happiest and most productive life. With award-winning and innovative frictionless technologies, scientifically validated clinical protocols and best-in-class coaching tools, Sharecare helps providers, employers and health plans effectively scale outcomes-based health and wellness solutions across their entire populations. To learn more, visit www.sharecare.com. In 2017 alone, Sharecare has raised more than $100 million in new funding; and more than $300 million in total capital since its founding in 2010. May 26, 2017 Sharecare announced it has received an investment from global alternative investment firm, Summit Partners. Sharecare will use the debt capital to fund new capabilities and acquire talent to support the aggressive growth trajectory of both the company and its platform, where people can manage all their health in one place.

Quantela

Series B in 2021
Quantela is a digital technology solutions company focused on the Internet of Things (IoT), dedicated to enhancing smart communities. The company offers a customizable and scalable platform named Atlantis, which employs artificial intelligence and machine learning to help cities address social, economic, and environmental challenges. Atlantis is designed to integrate data from various sources, providing comprehensive insights that enable proactive decision-making. The platform supports a wide range of applications, including smart lighting, location insights, and digitized citizen services, contributing to improved integration and management of urban environments. Through its strong emphasis on IoT and advanced analytics, Quantela aims to create positive impacts on the communities it serves.

WeLink

Private Equity Round in 2021
WeLink Inc. is a company based in San Jose, California, that operates a digital risk management platform designed for enterprises. This platform focuses on detecting and preventing threats derived from social media data, allowing organizations to gather actionable threat intelligence from extensive social media activity. Additionally, WeLink provides fixed-wireless broadband services to homes and businesses, utilizing a unique approach that offers quicker and more cost-effective deployment compared to traditional fiber-to-the-home solutions. By integrating these services, WeLink addresses both digital security and connectivity needs for its clients.

CIMCON Lighting

Debt Financing in 2019
CIMCON Lighting, Inc. specializes in developing web-based wireless outdoor lighting management solutions for various types of street lights, including traditional, LED, and solar. The company's systems enable utilities, municipalities, and commercial customers to monitor and control outdoor lighting fixtures effectively. Its offerings include LightingGale software for automated streetlight management, the iSLC-3100 wireless lighting controller, and the NearSky platform, which facilitates the integration of smart city applications such as air quality monitoring and public safety enhancements. CIMCON's technologies have been implemented in over 50 cities across 16 countries, contributing to decreased energy consumption and maintenance costs. The company serves a diverse clientele, including outdoor lighting manufacturers, contractors, and government entities, and is headquartered in Burlington, Massachusetts. Founded in 2012, CIMCON Lighting aims to improve urban living by leveraging existing streetlight infrastructure as a foundation for connected smart city solutions.

CIMCON Lighting

Series C in 2019
CIMCON Lighting, Inc. specializes in developing web-based wireless outdoor lighting management solutions for various types of street lights, including traditional, LED, and solar. The company's systems enable utilities, municipalities, and commercial customers to monitor and control outdoor lighting fixtures effectively. Its offerings include LightingGale software for automated streetlight management, the iSLC-3100 wireless lighting controller, and the NearSky platform, which facilitates the integration of smart city applications such as air quality monitoring and public safety enhancements. CIMCON's technologies have been implemented in over 50 cities across 16 countries, contributing to decreased energy consumption and maintenance costs. The company serves a diverse clientele, including outdoor lighting manufacturers, contractors, and government entities, and is headquartered in Burlington, Massachusetts. Founded in 2012, CIMCON Lighting aims to improve urban living by leveraging existing streetlight infrastructure as a foundation for connected smart city solutions.

PacketFabric

Private Equity Round in 2019
PacketFabric, Inc. develops a Network-as-a-Service platform that offers Ethernet-based cloud networking solutions. Founded in 2015 and headquartered in Culver City, California, the company provides a private layer 2 network service that facilitates secure and scalable connectivity between colocation facilities, major cloud providers, and Internet exchanges. Its platform leverages automated software-defined networking and advanced optical and packet-switching technologies to deliver dynamic, real-time connectivity services at terabit-scale. Through its user-friendly portal and API, PacketFabric enables enterprises to efficiently manage their network connectivity, enhancing security and control while optimizing costs.

Pryon

Series A in 2019
Pryon Inc. is an artificial intelligence company headquartered in Raleigh, North Carolina, that specializes in augmented intelligence solutions for enterprises. Founded in 2017, Pryon has developed a platform that enhances the capabilities of employees by facilitating access to knowledge and streamlining workflows. The platform intelligently orchestrates information across various channels and sources, utilizing advanced AI techniques such as natural language processing and context awareness. This enables organizations to navigate unstructured data more effectively, improve decision-making, and reduce operational complexities and costs. Through its innovative approach, Pryon aims to support businesses in their digital transformation efforts by making knowledge more accessible and actionable.

JetStream Software

Series A in 2019
JetStream Software, founded in 2016, specializes in cloud data protection solutions that enhance enterprise hybrid cloud computing. The company develops a platform that supports workload migration and ensures business continuity across multi-cloud and multi-data center environments. This technology enables managed service providers and cloud service providers to offer disaster recovery as a service and continuous data protection for a diverse clientele, which includes enterprise customers, government agencies, and educational institutions. By collaborating with leading technology developers, JetStream Software aims to create agile, resilient, and efficient cloud-native infrastructures that meet the evolving needs of modern computing.

UKCloud

Private Equity Round in 2019
UKCloud Ltd operates multi-cloud platforms designed specifically for the UK public sector, including central and local government, defense, education, and law enforcement. Established in 2011 and based in Farnborough, the company provides Infrastructure-as-a-Service solutions that facilitate data center operations, cloud migration, data protection, and application development. UKCloud emphasizes choice and flexibility, offering open-source cloud infrastructure that enables public sector organizations to enhance service delivery while ensuring value for taxpayers. The company's commitment to innovation and security supports clients in achieving their digital transformation goals effectively and sustainably. UKCloud was previously known as Skyscape Cloud Services Ltd before rebranding in August 2016.

Quantela

Series A in 2018
Quantela is a digital technology solutions company focused on the Internet of Things (IoT), dedicated to enhancing smart communities. The company offers a customizable and scalable platform named Atlantis, which employs artificial intelligence and machine learning to help cities address social, economic, and environmental challenges. Atlantis is designed to integrate data from various sources, providing comprehensive insights that enable proactive decision-making. The platform supports a wide range of applications, including smart lighting, location insights, and digitized citizen services, contributing to improved integration and management of urban environments. Through its strong emphasis on IoT and advanced analytics, Quantela aims to create positive impacts on the communities it serves.

Cloudian

Series E in 2018
Cloudian is a file and object storage company that specializes in S3 object storage within data centers. Its platform provides scalable and secure object storage for hybrid cloud deployments, allowing customers to manage and protect their data both on-premises and in the cloud from a unified solution. Cloudian's Enterprise Object Storage integrates cloud technology and economics into the data center, offering high data durability and user-friendly management tools. The company serves Global 1000 clients by simplifying the management of unstructured data while preparing for the increasing demands of artificial intelligence and machine learning.

Connexin

Private Equity Round in 2017
Connexin Limited, founded in May 2006 and based in Cambridge, United Kingdom, offers a range of Internet phone services for both home and business users globally. The company specializes in enterprise solutions, including SIP trunking and disaster recovery, along with additional offerings such as number porting, international numbers, and broadband services. Connexin also provides various VoIP devices, including cordless phones, desk phones, conference phones, and adaptors, as well as network devices and accessories. In addition to its telecom services, Connexin is dedicated to developing smart city infrastructure and end-to-end broadband services, aiming to enhance communication and productivity for individuals and communities.

Working Group Two

Funding Round in 2017
Working Group Two AS is a technology company that provides a Platform as a Service platform tailored for mobile operators and enterprises. Founded in 2017 and headquartered in Oslo, Norway, with additional offices in Trondheim and Stockholm, the company enables its clients to create and monetize innovative mobile services through a cloud-based Application Program Interface (API). This platform is designed to enhance product innovation and significantly decrease time to market, allowing mobile operators to better control their networks and respond to evolving consumer demands.
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