RWI Ventures

Established in 2000, RWI Ventures is a California-based private equity firm specializing in early-stage investments in the life science, telecoms, semiconductor, and networking industries throughout the United States. With a focus on supporting emerging companies in these sectors, RWI Ventures aims to provide strategic guidance and financial backing to drive growth and innovation within the technology and healthcare sectors.

Mark J. Foley

Managing Director

20 past transactions

Infinera

Series D in 2003
Optical networking systems based on photonic integration technology in the united states

BlueArc

Venture Round in 2006
BlueArc is a leading provider of high performance unified network storage systems to enterprise markets, as well as data intensive markets, such as electronic discovery, entertainment, federal government, higher education, Internet services, oil and gas and life sciences. Their products support both network attached storage, or NAS, and storage area network, or SAN, services on a converged network storage platform. Aquired by HDS as of September 7th 2011.

Sonitus Medical

Series D in 2012
Sonitus Medical Inc., is a privately held medical device company committed to providing innovative and clinically effective hearing solutions that Otologists, ENTs, and Audiologists can use to help their patients rejoin the conversation of life. As an emerging leader in bone conduction hearing devices, Sonitus Medical currently markets the SoundBite Hearing System, the world's first non-invasive and removable hearing solution that imperceptibly transmits sound via teeth. Relying on the principle of bone conduction, this nearly invisible ITM (in-the-mouth) hearing system is a simple and non-surgical solution that is currently FDA cleared as a prosthetic device for the treatment of single sided deafness and conductive hearing loss. Intended future applications for this platform technology include indications for hearing disorders such as mixed hearing loss and tinnitus, as well as consumer and covert communications. Founded in June 2006, Sonitus Medical is headquartered in San Mateo, California.

SiGe Semiconductor

Venture Round in 2007
SiGe Semiconductor, Inc., a fabless semiconductor company, designs and offers radio frequency (RF) integrated circuits and multi-chip modules for wireless consumer electronics market. It offers wireless LAN front end modules, dual band front end modules, and discrete power amplifiers; WiMAX power amplifiers/front end modules and transceivers; GPS radio ICs and GPS receivers; and Bluetooth power amplifiers. The company, through a network of distributors, offers its RF solutions to computing, home entertainment, and mobile device applications in the consumer electronics markets in Asia, Europe, the Middle-East, and North America.

Barosense

Series D in 2009
BaroSense is committed to develop and commercialize novel anti-obesity products that provide a meaningful contribution to this leading healthcare problem facing the United States today. BaroSense was conceived in order to create a safe, simple, effective, and minimally invasive alternative to the surgical treatment of obesity - an innovative approach to assist those people who need help beyond traditional diets, and who wish to avoid extensive, irreversible surgery.

Infinera

Series E in 2004
Optical networking systems based on photonic integration technology in the united states

Voyage Medical

Series B in 2008
Voyage Medical, Inc. manufactures cardiac medical devices that help in the treatment of atrial fibrillation. Voyage Medical, Inc. was incorporated in 2006 and is based in Redwood City, California.

Red Condor

Series A in 2006
Red Condor Inc., a managed service provider of highly resilient email security systems for businesses, education, government agencies and service providers. There cutting edge technology eliminates spam, viruses, spyware, phishing schemes and other dangerous and offensive content. Red Condor’s sophisticated technology also protects email servers and systems from external threats such as denial of service and directory harvest attacks. Red Condor provides advanced email protection both as a hosted service that requires no hardware or software installation, and as a plug-and-play network appliance that delivers cost effective, localized protection of email systems and users. Red Condor’s network appliances are standalone devices that work without the need for software to be installed or updated on other servers or client computers. Red Condor’s next generation, behavior-based filtering technology sets a new standard for effectiveness in eliminating unwanted, fraudulent, and predatory email while ensuring that real email get delivered without being incorrectly labeled as spam. Red Condor’s technology provides long-term spam block rates greater than 98% and with a false-positive rate less than 0.01%. And because the nature of spam and other email threats is constantly changing, Red Condor’s technology tracks evolving spam campaigns in real-time; antivirus and other threat definitions are updated every few minutes. Updates are then distributed to both hosted services and network appliance devices, automatically providing customers with continuously updated email protection.

Response Analytics

Venture Round in 2007
Response Analytics, Inc. provides financial services optimization solutions for the loan service, distressed asset investor, retail banking, mortgage banking, commercial banking, and automotive finance industries. Its platform delivers business speed using software practices, modeling, and optimization technology, as well as provides distressed loan optimization, price optimization, NSF Fee optimization, and enterprise modeling and analysis platform solutions. The company was incorporated in 2006 and is based in Scottsdale, Arizona.

eSilicon

Series F in 2005
eSilicon, a pioneering semiconductor Value Chain Producer (VCP), provides a comprehensive suite of ASIC design, productization and manufacturing services, enabling a flexible, low-cost, lower-risk path to volume production of integrated circuits (ICs). The company delivers custom chips (ASICs) to system original equipment manufacturers (OEMs) and fabless semiconductor companies (FSCs) who serve a wide variety of markets including the consumer, computer, communications and industrial segments. eSilicon creates a unique, optimized semiconductor Value Chain for each customer and each design - from design services and tools, to IP and materials suppliers, to test and packaging providers. By integrating this Value Chain with its internal expertise and proven eSilicon Enterpriseâ„¢ infrastructure, the ASIC services and solutions provider produces more than 10 million leading-edge chips per year.

Novalux

Series C in 2000
Novalux develops, manufactures, and distributes laser systems. The company offers Novalux Extended Cavity Surface Emitting Laser, a surface-emitting semiconductor laser. Its products are used in various applications, such as projection display, specialty lighting, neon sign alternative lighting, and automotive lighting. The company was founded in 1998 and is headquartered in Sunnyvale, California. As of January 8, 2008, Novalux, Inc. operates as a subsidiary of Arasor International Limited.

Barosense

Series C in 2007
BaroSense is committed to develop and commercialize novel anti-obesity products that provide a meaningful contribution to this leading healthcare problem facing the United States today. BaroSense was conceived in order to create a safe, simple, effective, and minimally invasive alternative to the surgical treatment of obesity - an innovative approach to assist those people who need help beyond traditional diets, and who wish to avoid extensive, irreversible surgery.

Therative

Series B in 2007
Therative, Inc. engages in the development of skin care devices and solutions for consumers. The company focuses on converting advanced treatments into consumer products for medical and cosmetic treatments. Its products include ThermaClear, a hand-held medical device for the treatment of inflammatory acne; and ThermaClear Essentials, a preventative treatment and skin care regimen consisting of topical applications, such as ThermaClear cleansing pads, clarifying cleanser, and acne clearing gel containing benzoyl peroxide. The company was formerly known as DermaCare, Inc. Therative, Inc. was incorporated in 2004 and is based in San Francisco, California. On August 20, 2009, Therative, Inc. filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the Northern District of California.

Attune Systems

Venture Round in 2006
Attune Systems, Inc. provides network file management products to reduce file management complexity for the enterprise, government, and education storage environments. It offers Maestro File Manager, a file virtualization appliance that helps information technology administrators to discover, analyze, manage, and optimize their existing heterogeneous file storage resources. The company also provides archive intelligence and security diligence, data migration and consolidation, disaster recovery, forensic search, tiered backup, and tiered storage with deduplication solutions. Attune Systems, Inc. has strategic partnerships with Microsoft, Data domain, Net App, Symantec, and Google. The company was founded in 1999 and is based in Santa Clara, California.

Therative

Series C in 2007
Therative, Inc. engages in the development of skin care devices and solutions for consumers. The company focuses on converting advanced treatments into consumer products for medical and cosmetic treatments. Its products include ThermaClear, a hand-held medical device for the treatment of inflammatory acne; and ThermaClear Essentials, a preventative treatment and skin care regimen consisting of topical applications, such as ThermaClear cleansing pads, clarifying cleanser, and acne clearing gel containing benzoyl peroxide. The company was formerly known as DermaCare, Inc. Therative, Inc. was incorporated in 2004 and is based in San Francisco, California. On August 20, 2009, Therative, Inc. filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the Northern District of California.

EdgeWave

Venture Round in 2010
EdgeWave (formerly St. Bernard Software, Inc.), a software development company, engages in the design, development, and marketing of Internet security appliances and service. It offers secure content management and policy compliance solutions. The company's solutions enable its customers to manage their employee usage policy for Internet access, email, and instant messaging. Its products include iPrism, a Web content filtering appliance that enables organizations to enforce Internet use policies by providing multi-protocol Web filtering and access control; iPrism Enterprise Reporting Server, a non-filtering appliance that enables organizations to aggregate user activity reporting and archiving across multiple iPrism appliance deployments in one centrally managed reporting solution. The company products also consist of OEM Software Development Kit that allows the OEM partners the ability to leverage the Web filtering database; and ePrism, an email filtering and content inspection appliance, which protects against spam, viruses, and other unwanted email content, and against outbound data leakage through message content and attachment inspection and policy enforcement. EdgeWave offers its products through distributors, dealers, and original equipment manufacturers, as well as through direct sales channels to network managers, directors, and administrators in enterprises, educational institutions, small and medium businesses, and government agencies worldwide. The company is headquartered in San Diego, California.

Voyage Medical

Series A in 2006
Voyage Medical, Inc. manufactures cardiac medical devices that help in the treatment of atrial fibrillation. Voyage Medical, Inc. was incorporated in 2006 and is based in Redwood City, California.

Voyage Medical

Series C in 2010
Voyage Medical, Inc. manufactures cardiac medical devices that help in the treatment of atrial fibrillation. Voyage Medical, Inc. was incorporated in 2006 and is based in Redwood City, California.

SiGe Semiconductor

Venture Round in 2005
SiGe Semiconductor, Inc., a fabless semiconductor company, designs and offers radio frequency (RF) integrated circuits and multi-chip modules for wireless consumer electronics market. It offers wireless LAN front end modules, dual band front end modules, and discrete power amplifiers; WiMAX power amplifiers/front end modules and transceivers; GPS radio ICs and GPS receivers; and Bluetooth power amplifiers. The company, through a network of distributors, offers its RF solutions to computing, home entertainment, and mobile device applications in the consumer electronics markets in Asia, Europe, the Middle-East, and North America.

Red Condor

Debt Financing in 2007
Red Condor Inc., a managed service provider of highly resilient email security systems for businesses, education, government agencies and service providers. There cutting edge technology eliminates spam, viruses, spyware, phishing schemes and other dangerous and offensive content. Red Condor’s sophisticated technology also protects email servers and systems from external threats such as denial of service and directory harvest attacks. Red Condor provides advanced email protection both as a hosted service that requires no hardware or software installation, and as a plug-and-play network appliance that delivers cost effective, localized protection of email systems and users. Red Condor’s network appliances are standalone devices that work without the need for software to be installed or updated on other servers or client computers. Red Condor’s next generation, behavior-based filtering technology sets a new standard for effectiveness in eliminating unwanted, fraudulent, and predatory email while ensuring that real email get delivered without being incorrectly labeled as spam. Red Condor’s technology provides long-term spam block rates greater than 98% and with a false-positive rate less than 0.01%. And because the nature of spam and other email threats is constantly changing, Red Condor’s technology tracks evolving spam campaigns in real-time; antivirus and other threat definitions are updated every few minutes. Updates are then distributed to both hosted services and network appliance devices, automatically providing customers with continuously updated email protection.