Hitachi Ventures

Hitachi Ventures, founded in 2019 and headquartered in Munich, Germany, serves as the corporate venture capital arm of Hitachi Group. The firm focuses on investing in innovative companies that tackle significant technological challenges across various sectors, including IT, industrial automation, cloud services, mobility, energy, and smart medicine. With an initial fund of USD 150 million, Hitachi Ventures targets Series A, B, and C funding rounds for leading startups in Europe, Israel, and North America. The firm emphasizes collaboration with prominent technology hubs and co-investors to enhance its portfolio companies' growth. By leveraging Hitachi's extensive expertise and global network, Hitachi Ventures aims to support advancements that contribute to societal improvement and innovation.

Peter Bastien

President and Partner

Stefan Gabriel

Managing Director

Tobias Jahn

Partner

Agnes Lin

Investment Professional

Ankesh Madan

Principal

Jan Marchewski

Analyst

Galina Rachenkova

Principal

Gayathri Radhakrishnan

Partner

Joanna Soroka

Principal

53 past transactions

ArsenalBio

Series B in 2022
ArsenalBio is a programmable cell therapy company focused on creating effective and accessible immune cell therapies, particularly for cancer patients. Established in 2019, the company integrates advanced technologies, including CRISPR-based genome engineering, synthetic biology, and machine learning, to revolutionize the discovery and development of immune cell therapies. ArsenalBio employs a comprehensive research and development approach to produce multifunctional T-cell therapies, utilizing the precise insertion of large synthetic DNA sequences. The company's mission is to enhance the efficacy and safety of immune cell therapies while reducing costs for providers and expanding access for patients. Through its innovative framework, ArsenalBio aims to significantly improve treatment outcomes for a broader patient population.

Proscia

Series C in 2022
Proscia Inc. is a Philadelphia-based software company focused on transforming pathology practices through its cloud-based digital pathology platform, Concentriq. Founded in 2014, Proscia aims to enhance cancer research and diagnosis by leveraging advanced computing technologies to extract hidden data from pathology images. This data is converted into valuable insights that empower physicians to improve patient outcomes and facilitate the development of life-saving medical advancements. By introducing AI-powered applications, Proscia provides laboratories with innovative tools to meet the growing demand for pathology services and to advance the field of precision diagnostics.

Scipher Medicine

Series D in 2022
Scipher Medicine is a biotechnology company based in Waltham, Massachusetts, that focuses on developing a molecular technology platform to predict patient responses to drug therapies, particularly in cardiovascular and autoimmune diseases. The company offers several diagnostic tests, including PrismDx, which identifies patients who may not respond to specific medications, PrismRA for patients with rheumatoid arthritis, and PrismUC for those with ulcerative colitis. These tests enable healthcare providers to prescribe more suitable alternative therapies for patients who are unlikely to benefit from traditional treatments. Scipher Medicine emphasizes the importance of providing scientifically backed data to improve patient outcomes and enhance treatment decisions. The company has also established a strategic partnership with Ambry Genetics Corporation to further advance its capabilities. Founded in 2014, Scipher Medicine was previously known as DZZOM Delaware Corporation before changing its name in 2015.

WEKA

Series C in 2022
WekaIO has built the world's fastest parallel file system, designed to solve the performance challenges in AI deep learning and technical computing. Matrix, WekaIO’s flagship product, leapfrogs legacy storage infrastructures by delivering the highest performance, lowest latency storage at a fraction of the cost or traditional NAS. WekaIO's software provides a seamless hybrid cloud solution between on-premises data centers and the public cloud. WekaIO has customers in several high performance markets including autonomous vehicle AI training, genomics, financial modeling, EDA, software development, satellite imaging and media and entertainment.

Provectus Algae

Seed Round in 2021
Provectus Algae Pty Ltd is a biotechnology company based in Noosaville, Australia, founded in 2017. The company specializes in the optimization of microalgae to produce high-value compounds suitable for various industrial applications. Provectus Algae develops biosynthetic solutions that facilitate the production of medicines, vaccines, plant-based food products, flavors, and natural biopesticides. Additionally, the company focuses on creating biological treatments for infectious, inflammatory, and cardiovascular diseases, thereby enabling healthcare professionals to discover and commercialize novel bioproducts derived from algae.

Ascend Elements

Venture Round in 2021
Ascend Elements specializes in the sustainable manufacturing of battery materials by utilizing elements extracted from discarded lithium-ion batteries. The company employs advanced hydro process recycling and direct recycling techniques to deconstruct old cathode materials at the atomic level, facilitating the creation of new cathode materials. This innovative approach allows clients to achieve a favorable return on assets while promoting economically viable recycling and affordable battery materials. Ascend Elements' patented Hydro-to-Cathode™ technology enhances the efficiency of producing new cathode materials from spent lithium-ion cells compared to traditional methods, leading to reduced costs, improved performance, and lower greenhouse gas emissions. Founded in 2015, Ascend Elements is positioned as a leader in transforming battery resource processing and sustainability in the industry.

inVia Robotics

Series C in 2021
inVia Robotics, LLC specializes in automation solutions tailored for e-commerce fulfillment centers, enhancing the efficiency of order fulfillment processes. Based in Agoura Hills, California, the company has developed the inVia Dynamic Automated Storage and Retrieval System, which integrates robotics management software to facilitate the retrieval of various items from storage, ranging from small products to larger packages. By offering a "Robotics-as-a-Service" model, inVia enables businesses to adopt advanced autonomous mobile robots for picking and goods-to-person systems without disrupting their existing operations. This innovative approach aims to improve fulfillment efficiency, save time, and optimize productivity within warehouses, making it a crucial partner for e-commerce retailers and fulfillment providers.

SORACOM

Venture Round in 2021
SORACOM is a company that provides IoT (Internet of Things) platform of data communication by delivering scalable and elastic cloud technologies running on Amazon Web Services (AWS), which makes IoT solution providers/developers to efficiently deliver and extend their services, and also allow the flexibility and customization to fit the various needs of IoT services. With SORACOM, the data communication of IoT / M2M device become more secure and ensure reliable data transfer by supporting many devices and custom protocols. It also provides reduced time-to-market for M2M/IoT services, while significantly reducing the cost of delivering such services, and extend the business by paying as you grow cost structures. SORACOM Air is a service that provides data communication for IoT devices SIM "Air SIM". Users can change the settings from Web console (user console) or by API control, and monitor the data traffic, as well as manage the configuration of data communication of IoT devices centrally. Air SIM provides connectivity for LTE/3G mobile data communication as MVNO, and supports wide coverage area required for IoT and secure communication achieved through a closed network using LTE/3G. SORACOM Beam is a service that offloaded data from IoT devices to cloud with a high encryption load and connection destination setting without directly setting to large devices onsite, that can be controlled from a remote location on cloud. It also has a benefit to manage the data securely without going through the Internet, if the cloud data storage of IoT devices is located in AWS. SORACOM officially launched its service on the 30th of September 2015, and is headquartered in Tokyo, Japan.

Huma

Series C in 2021
Huma Therapeutics Limited is a healthcare technology company based in London, United Kingdom, focused on improving the lives of individuals with chronic, complex, and rare diseases. The company operates a healthcare platform that integrates patient data from various medical databases and devices, making it accessible to healthcare professionals. One of its key offerings is Medopad, a remote patient monitoring platform that allows doctors to oversee patients with conditions such as Covid-19 without the need for hospital admission. Huma collaborates with leading healthcare providers, pharmaceutical companies, insurers, and technology firms, including Apple and Tencent, to create a connected digital health ecosystem. Founded in 2011 and rebranded from Humaforhealth Limited in April 2020, Huma continues to expand its impact in the healthcare sector.

GlobalLogic

Acquisition in 2021
GlobalLogic is a full-lifecycle product development services leader that combines deep domain expertise and cross-industry experience to connect makers with markets worldwide. Using insight gained from working on innovative products and disruptive technologies, we collaborate with customers to show them how strategic research and development can become a tool for managing their future. Headquartered in the United States, GlobalLogic operates design and engineering centers around the world, extending the benefits of its authentic global presence to customers in digital media, electronics, healthcare, infrastructure, finance, retail, and telecom industries. The company works with both start-ups and industry leaders, including many of the world’s top hardware, software, and consumer brands.

Rescale

Series C in 2021
Rescale, Inc. is a provider of cloud-based infrastructure and software platforms that facilitate scientific and engineering simulations. Founded in 2011 and headquartered in San Francisco, the company offers several products, including ScaleX Pro for independent professionals and small to medium-sized businesses, and ScaleX Developer, which allows external developers to build and deploy applications on Rescale's platform. Additionally, ScaleX Enterprise provides a comprehensive simulation solution that integrates on-premise high-performance computing resources and software management. Rescale serves various industries, including aerospace, automotive, consumer products, electronics, oil and gas, and life sciences, leveraging advanced technologies to empower engineers and scientists in their research and product development efforts. With a global presence that includes offices in Tokyo, Munich, and Singapore, Rescale continues to expand its role as a leading provider of cloud simulation services.

Ra2Sa communications

Seed Round in 2021
Ra2Sa is an engineer of a video specialized instrument intended to draw in the crowd with better video correspondence. Its program based stage empowers groups to arrange their web-based occasions in a single spot, from any gadget they need. It likewise gives each of the apparatuses expected to make custom points of arrival, send limited time messages and updates, hostengaging on the web occasions with coordinated talk, surveys, and Q&A functionalities, and dissect occasion execution through a high level examination dashboard, empowering organizations to integrate video into a correspondence, to draw in, connect with and teach their crowd. The organization was established in 2020 and is settled in Bangalore,India.

Proscia

Series B in 2020
Proscia Inc. is a Philadelphia-based software company focused on transforming pathology practices through its cloud-based digital pathology platform, Concentriq. Founded in 2014, Proscia aims to enhance cancer research and diagnosis by leveraging advanced computing technologies to extract hidden data from pathology images. This data is converted into valuable insights that empower physicians to improve patient outcomes and facilitate the development of life-saving medical advancements. By introducing AI-powered applications, Proscia provides laboratories with innovative tools to meet the growing demand for pathology services and to advance the field of precision diagnostics.

ThinkIQ

Series A in 2020
ThinkIQ Inc. operates a cloud-based platform that simplifies the creation of web-based applications and utilizes Internet of Things, big data, data science, semantic modeling, and machine learning. Its platform offers time-series data, supports sharing of data between enterprises, creates context to make the data useful, and makes the deployment of analytics. The company was founded in 2015 and is based in Aliso Viejo, California.

SOPHiA GENETICS

Series F in 2020
SOPHiA GENETICS combines deep expertise in life sciences and medical disciplines with mathematical capabilities in data computing. The company aims to bring data analytics solutions to the market, to support healthcare professionals by maximizing the power of data-driven medicine. It achieves this mission through the adoption of SOPHiA AI, which is built using techniques such as statistical inference, pattern recognition, and machine learning. This enables SOPHiA to provide equal benefits to all users, unite experts in a gold standard health-tech platform, and motivate expert knowledge sharing for a sustainable impact on future patients. It contributes to making the global healthcare system more sustainable. By helping healthcare professionals leverage their expertise and work together as a community, patients can receive equal access to better diagnoses and treatments. It combines the first two pillars of data-driven medicine, genomics, and radionics, the company ensures that the data used to help patients. Founded by Jurgi Camblong, Lars Steinmetz, and Pierre Hutter, SOPHiA GENETICS was incorporated in 2011. It has offices in Boston, Massachusetts, Switzerland, and France.

Taranis

Series C in 2020
Taranis is a precision agriculture intelligence platform that leverages advanced computer vision, data science, and deep learning algorithms to monitor agricultural fields effectively. The platform assists farmers in making informed decisions by identifying early signs of various issues, including weeds, nutrient deficiencies, diseases, insect infestations, water damage, and machinery problems. By overseeing millions of acres across countries such as Argentina, Brazil, Russia, Ukraine, and the United States, Taranis provides real-time insights that help farmers enhance their yields and reduce costs. Headquartered in San Francisco, Taranis operates with a team of over 100 employees and has subsidiaries in Israel, Argentina, and Brazil.

Informetis

Venture Round in 2020
Informetis Co., Ltd. manufactures and sells electricity sensors for disaggregation that derives and analyses data from home appliances. Its solution provides disaggregation service of household electricity that generates a breakdown of a monthly bill by appliances. The company’s solution also provides real time status of appliances, including on/off, consumption exceeding pre-determined limit, etc., as well as provides the consumer with an itemized bill of their electricity usage. In addition, its solution provides trend analysis for utility companies of usage, time, seasonality, and geography; and detects abnormal power consuming appliances leading to failure. The company was founded in April 8, 2013 and is based in Tokyo, Japan.

Rescale

Series C in 2020
Rescale, Inc. is a provider of cloud-based infrastructure and software platforms that facilitate scientific and engineering simulations. Founded in 2011 and headquartered in San Francisco, the company offers several products, including ScaleX Pro for independent professionals and small to medium-sized businesses, and ScaleX Developer, which allows external developers to build and deploy applications on Rescale's platform. Additionally, ScaleX Enterprise provides a comprehensive simulation solution that integrates on-premise high-performance computing resources and software management. Rescale serves various industries, including aerospace, automotive, consumer products, electronics, oil and gas, and life sciences, leveraging advanced technologies to empower engineers and scientists in their research and product development efforts. With a global presence that includes offices in Tokyo, Munich, and Singapore, Rescale continues to expand its role as a leading provider of cloud simulation services.

Toletta

Series A in 2019
Toletta Cats inc. develops an Internet of things (IoT)-based litter box for cats. The company’s product toletta, provides sensor and camera that enables users to watch pets and then captures and records signs of cat diseases by measuring body weight and urine volume. It also has an application which allows refilling food from the equipment. Toletta Cats inc. was formerly known as Hachi Tama Inc. The company was founded in 2015 and is based Fujisawa, Japan.

JR Automation

Acquisition in 2019
JR Automation Technologies, LLC staffs ingenious, qualified professionals who design and build solutions for efficiency and speed, customized for your specific needs. Whether that means machines or process development, we are rapidly expanding to serve a variety of industries and provide smart, lean solution to your challenging project.

Digital Grid

Venture Round in 2018
Digital Grid Inc. operates in the electricity retail sector, focusing on non-electrified and off-grid communities in Africa. The company has developed a fee-based electricity credit system that allows kiosk owners to provide charging services for various electronic devices, including phones and lanterns. Additionally, Digital Grid offers rental options for rechargeable devices such as LED lanterns, portable radios, and tablet PCs, as well as leasing solutions for equipment like photovoltaic panels and batteries. The company's innovative approach aims to improve access to electricity in underserved areas, enhancing the quality of life for local populations. Founded in 2013, Digital Grid is headquartered in Tokyo, Japan.

ABB - Power Grids Business

Acquisition in 2018
ABB - Power Grids Business offer innovative energy solutions. ABB - Power Grids Business engages in pioneering technologies that help balance the growing need for electricity while reducing environmental impact as a partner of choice for enabling a stronger, smarter and greener grid.

The Fabric

Venture Round in 2018
The Fabric is a startup co-creation foundry based in Sunnyvale, California, focusing on the cloud and Internet of Things (IoT) infrastructure sector. Founded in 2012, it specializes in collaborating with entrepreneurs to develop their ideas into fully operational companies. The Fabric's team comprises experienced company creators who work closely with founders throughout the entire business lifecycle, from initial concept to market launch. Additionally, The Fabric manages a venture capital fund that invests in Series-A rounds, further supporting the growth of projects within the cloud and IoT domains.

Preferred Networks

Venture Round in 2017
Preferred Networks, Inc. is a Tokyo-based company founded in 2014 that specializes in software development services focused on real-time machine learning and deep learning technologies. The company aims to create practical applications for the Internet of Things, particularly in transportation systems, manufacturing, and bio-healthcare. Its services encompass data analytics, edge computing, distributed intelligence, and computer vision, catering to various sectors including retail, automotive, healthcare, advertising, life sciences, manufacturing, public safety, network security, and transportation. Preferred Networks also explores the integration of machine learning in areas such as personal robotics, plant optimization, materials discovery, and sports analytics. With a branch in Berkeley, California, the company is dedicated to advancing technologies that combine data from the physical and digital realms for applications like autonomous driving and medical diagnosis.

Enechange

Series A in 2016
Enechange Co., Ltd., founded in April 2015 and based in Tokyo, Japan, operates a comprehensive electricity plan comparison website that assists consumers in selecting their electricity providers. The company provides online switching services for energy and gas, facilitating a more informed decision-making process for users. In addition to its comparison platform, Enechange offers an Energy Marketing Acceleration Platform (EMAP), which supports electricity and gas retailers with marketing and customer acquisition through cloud-based solutions. The company also specializes in AI-driven technologies for energy digitalization, including profitability analysis and demand response services. By promoting energy deregulation, Enechange aims to optimize energy usage and streamline the switching process for consumers, contributing to a more competitive energy market in Japan.

Ignify

Acquisition in 2015
Founded in 1999, Ignify is a privately-held ISO 9001 certified company focused on the mid-market and enterprise businesses and public sector organizations for ERP, CRM, Point of Sale (POS), Portals, and eCommerce implementations. Their Management team brings rich experience in several industries including manufacturing, retail, distribution, business software applications, and management consulting.

Ideaca

Acquisition in 2013
Ideaca, a consulting company, provides a portfolio of management consulting, implementation, and support services. It offers services in the areas of enterprise resource planning, business intelligence, portals and collaboration, cloud computing, custom development and integration, customer relationship management, application infrastructure, and support services. The company serves retail, oil and gas, professional service, energy and utility, financial service, manufacturing and distribution, mining and resource, media and communication, and life science industries.

Hitachi Payment Services

Acquisition in 2013
Hitachi Payment Services is focused on delivering secure and innovative payment solutions to financial institutions, retailers, and service providers. The company emerged from the integration of Integrated Maintenance and Services Private Limited and financial investor Sequoia Capital, aiming to create a modern payments ecosystem. Operating under the Prizm Payments brand, it serves a broad customer base across 70 cities in India, managing over 3,500 electronic transaction terminals, including ATMs and kiosks. Its services encompass a wide range of payment solutions, such as cash recycling systems, point-of-sale solutions, internet payment gateways, and digital platforms. Additionally, Hitachi Payment Services offers risk management, analytics, and merchant services to help businesses acquire and retain customers. With a strong infrastructure that includes 43 spare part depots and a rework center in Chennai, the company ensures efficient support and service delivery throughout the country.

The Fabric

Venture Round in 2013
The Fabric is a startup co-creation foundry based in Sunnyvale, California, focusing on the cloud and Internet of Things (IoT) infrastructure sector. Founded in 2012, it specializes in collaborating with entrepreneurs to develop their ideas into fully operational companies. The Fabric's team comprises experienced company creators who work closely with founders throughout the entire business lifecycle, from initial concept to market launch. Additionally, The Fabric manages a venture capital fund that invests in Series-A rounds, further supporting the growth of projects within the cloud and IoT domains.

Horizon Nuclear Power

Acquisition in 2012
Horizon Nuclear Power is a UK energy company developing a new generation of nuclear power stations. A wholly owned subsidiary of Hitachi,Ltd., we plan to provide at least 5,400MW of new power station capacity to the UK, enough to power around 10 million homes.

Cofio Software

Acquisition in 2012
Cofio was acquired by Hitachi Vantara in 2012. AIMstor was renamed Hitachi Data Instance Director. http://www.cofio.com NOTE: New URL at Hitachi: https://www.hitachivantara.com/en-us/products/data-protection/data-instance-director.html

Hi-Rel Electronics

Acquisition in 2011
Founded & established in 1983 as Hi-Rel Electronics Pvt. Ltd., the company is now called Hitachi Hi-Rel Power Electronics Pvt. Ltd. The company is recognized as a pioneer in power electronics with more than 3 decades of experience. They have proven and gained significant level of trust the market segment and continue to offer world class power electronics products, value added services & customized solutions.

BlueArc

Acquisition in 2011
BlueArc is a prominent provider of high-performance unified network storage systems tailored for enterprise and data-intensive markets. The company specializes in delivering storage hardware that supports both network-attached storage (NAS) and storage area network (SAN) services on a converged network storage platform. Its offerings include SiliconFS, a file system engine designed for efficient data movement, and JetClone, which facilitates data storage in virtual environments using a VMDK file structure. Additionally, BlueArc provides a suite of software solutions aimed at optimizing the performance of its storage systems, as well as tiered storage options that allow for the consolidation and deployment of various storage types within the same network-attached storage framework. The company's products serve a diverse range of sectors, including entertainment, federal government, higher education, internet services, oil and gas, and life sciences.

Aloka

Acquisition in 2011
Aloka, the innovator in ultrasound is the longest operating ultrasound company in the world with its international headquarters located in Tokyo, Japan and U.S. headquarters in Wallingford, CT.

Parascale

Acquisition in 2010
Parascale Cloud Storage software aggregates disk storage on multiple standard Linux servers to provide one highly scalable storage cloud, accessible via standard file-access protocols (NFS, HTTP, FTP). Parascale delivers massive storage capacity and parallel throughput. Deployments can start easily with several terabytes and scale to several petabytes in a single namespace with administrator-specified redundancy. A single administrator can manage hundreds of servers, with the system automatically balancing out hot-spots and capacity utilization across the various nodes.

Hitachi ID Systems

Acquisition in 2008
Hitachi ID Systems is a provider of identity and access management solutions aimed at enhancing network security and internal controls for organizations worldwide. The company's software platform consolidates critical security features, enabling clients to effectively manage risk and strengthen their overall security posture. By offering manageable and deployable identity solutions, Hitachi ID Systems equips organizations with tools for improved risk detection and control, helping them safeguard their business operations.

Archivas

Acquisition in 2007
Archivas, Inc. software lets customers store, protect and manage fixed-content data in the most open and operationally efficient online environment available on the market today, in order to meet both internal governance, as well as external compliance regulations. The Archivas Cluster (ArC) simultaneously addresses the need for immediate access to archive data while lowering the total cost of ownership.

Ember

Venture Round in 2004
Ember is a design-oriented company specializing in temperature control technologies that enhance the way individuals consume food and beverages. Founded by inventor Clay Alexander, Ember has developed a range of patented products, including the world’s first temperature control smart mug, which allows users to customize the temperature of their drinks for optimal flavor. The company aims to revolutionize industries such as healthcare and wellness by creating advanced temperature-adjustable dishware and drinkware. By focusing on precise temperature control, Ember seeks to improve user experiences and drive significant changes in how people eat, drink, and live.

Mempile

Series B in 2004
Mempile developed removable storage technology for the healthcare, public, entertainment, security, financial & business sectors. It focused on developing optical storage that is designed to hold up to one Terabyte of information on a single removable disc. The company offered its products for use in applications, such as home archiving, entertainment, public sector, business compliance, healthcare & video monitoring. Mempile had a development center in the United States & a business development unit in Japan. Mempile was founded in 2000 and was based in Yehuda, Israel. It closed down as of January 2009.

PureSight

Venture Round in 2003
PureSight Technologies Ltd. is a company focused on developing online child protection software. Established in 1998 and based in Kfar Saba, Israel, the company offers a solution called PureSight Multi, which helps parents safeguard their children from cyberbullying, Internet predators, and inappropriate content on both PCs and mobile devices. The software features a parent portal that allows for the establishment of family Internet policies, monitoring of online activities, and management of various protective measures, including Facebook and cyberbullying protection, Internet curfews, porn web filtering, and alerts. PureSight's technology includes tools like Active Chat Inspector, which detects harmful discussions, and Active Content Recognition, which identifies and blocks undesirable websites in real time. The company's products are distributed globally through Internet Service Providers, mobile operators, OEMs, and other distributors.

Mountain View Data

Series B in 2003
Mountain View Data, Inc. delivers cluster server management software and advanced storage software. Top-tier server manufacturers, telecomm leaders and system integrators in Asia and the United States are integrating Mountain View Data software into their network storage products and services. Mountain View Data was established in October 2000, and has offices in San Francisco, Tokyo and Beijing. Mountain View Data's products deliver performance and scalability, while enabling system integrators, xSPs, and Internet data centers worldwide to use commodity-based hardware components that lower ownership costs.

Magis Networks

Series B in 2003
Magis Networks was a provider of wireless home networking chipsets.

Autonomic Networks

Series C in 2002
Autonomic Networks focuses on enhancing network security and compliance through innovative technology that automates the learning, auditing, and management of user access to sensitive data and applications within enterprise networks. Its patent-pending risk-weighted clustering and profiling methods effectively identify critical incidents among numerous potential security threats, allowing organizations to prioritize their response. The company offers risk-managed policy overrides that facilitate on-demand access to essential resources while ensuring continuous monitoring of that access for security and compliance purposes. Additionally, Autonomic Networks’ devices are designed for deep stream inspection with minimal latency, eliminating the need for extensive data integration or infrastructure modifications. Overall, Autonomic Networks provides adaptive access controls that empower security professionals to balance business needs with security risks, regulatory compliance, and protection against fraud and theft.

Magis Networks

Series B in 2002
Magis Networks was a provider of wireless home networking chipsets.

Magis Networks

Series B in 2002
Magis Networks was a provider of wireless home networking chipsets.

Embedix

Venture Round in 2001
Embedix is focused on the development of natural flax fibers in composite applications. It offers FlaxTape, FlaxPly, FlaxPreg, and FlaxPreg T-UD. Embedix was acquired by Metrowerks Inc in December 2002. Embedix was founded in July 1999.

Sanctum

Venture Round in 2001
Founded in 1997, Santa Clara, CA-based Sanctum, Inc. is recognized by IDC as the de facto leader in Web application security. Sanctum’s solutions help organizations create reliable “hacker resistant” applications in the development environment, assure quality in the QA environment, and maintain confidence in the live production environment. Sanctum's solutions include AppShield, an automated Intrusion Prevention system, and an automated application risk assessment and security testing tool called AppScan. Together they provide the most comprehensive policy based security available today to stop any unanticipated application level attack and maintain the application behavior as originally intended by the developer. Today, with solutions from Sanctum, the enterprise is assured quality, compliance and security across the application lifecycle with the online and offline solutions that will help you develop with quality, test for compliance and operate with confidence in your online world.

SteelEye Technology

Series B in 2001
SteelEye is a leading provider of data and application availability management solutions for business continuity and disaster recovery. The SteelEye LifeKeeper family of application-focused data replication, high availability clustering and disaster recovery solutions are easy to deploy and operate, and enable enterprises of all sizes to ensure continuous availability of business-critical applications, servers and data.

Sanrise

Series B in 2001
Secure data management services. After filing for bankruptcy in June 2002, Sanrise's software division was sold to EMC and its other assets were sold to ManagedStorage International.

Photobit Corp.

Series B in 2001
Photobit Corp. is a supplier of CMOS image sensors.

Turbolinux

Series C in 2000
Turbolinux from its founding in 1995, the foundation of the development capabilities of open source software (OSS), the development and support of the Linux OS, and middleware / application development and delivery of, such as the SI business, expand the business by utilizing the OSS doing. In addition, in order to promote the use of OSS in the business market, we are promoting a wide range of alliances with partner companies.

Magnum Technologies

Series B in 2000
Magnum Technologies developed software solutions that aligned IT operations with enterprise priorities. Magnum’s software solutions were designed to easily integrate with and enhance the effectiveness of existing management platforms by monitoring and measuring IT performance from a line-of-business perspective. Magnum Technologies clients included Target Stores, IBM and Thomson West. Mike Wethington was on the board of Magnum Technologies through a successful exit to Quest Software, which was subsequently then acquired by Dell.

eHitex

Private Equity Round in 2000
Hitex can look back on more than 30 years of company history. After the success of the first in-circuit emulators, Hitex began marketing worldwide: the company founded a branch in Great Britain and is represented by sales partners in all other important regions of the globe. In 1997, Hitex acquired the development tools branch of Kontron, thereby strengthening its position in the market. Since the beginning of 2003, Hitex belongs to Infineon Technologies AG. This connection guarantees Hitex a solid and secure future and allows Hitex to maintain and extend its existing partnerships with other semiconductor manufacturers as an independent company.
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