Next47

Next47 is a global venture firm established in 2016 and backed by Siemens, with its headquarters in Palo Alto, California, and additional offices in Berlin, Tel Aviv, London, Munich, and Paris. The firm focuses on investing in startups that utilize emerging technologies, including artificial intelligence, cybersecurity, autonomous driving, the Internet of Things, and advanced manufacturing. By leveraging its connection to Siemens, Next47 provides portfolio companies with access to international markets, a global customer base, and technical expertise, thereby facilitating their growth. With a commitment to enterprise-focused businesses, Next47 aims to make swift investment decisions while fostering deep collaboration with its partners to maximize their potential.

Lak Ananth

Global Managing Partner

Lakshmikanth K. Ananth

Founding CEO and Managing Partner

Cody Anderson

Investor

Michael Aust

Principal

Josiah Bejide

Investor

Vivian Cheng

Partner

Colton Dempsey

Partner

Lidiya Dervisheva

Partner

Felix Fischer

Investor

Birgit Gocht

Principal

Jennifer Graetzel

Partner, Seed Funds

Klaus Grünfelder

CFO

Susanne von Gültlingen

Director

Ching-Yu Hu

Partner

Heiko Huber

Principal

Aviel Ichai

Senior Associate

Assaf Jacobi

Venture Partner

Daria Kalatcheva

Principal, Private Equity Asset Management

Puneet Kalhan

Principal

Vaishnavi Katamreddy

Principal

Daniel Kirchleitner

Managing Director

Thomas Kolbinger

Venture Partner

Gaurav Kotak

Partner

Ulrich Kreutzer

Principal

Jessica Lieber

Senior Associate

Richard Lui

Partner

Claudia-Camilla Malcher

Principal

Stefan Parhofer

Principal

Rene Pompl

Principal

Eric Radist

Director and Partner, Operations

Srinidhi Rao

Senior Associate

Kate Reznykova

Partner

Matthias Roth

Director

TJ Rylander

General Partner

Daryl Schlepp

Investor

Jen Shi

Associate

Svetoslav Simeonov

Managing Director

Will Smith

Venture Partner

Micah Smurthwaite

Partner

Ingo Susemihl

Principal

Jason Sydow Ph.D

Partner

Irina Ungureanu

Associate

Robert Williamson

Principal

Bob Wood

Venture Partner

Gert Wrigge

Partner

Moshe Zilberstein

Partner, Israel

Rylander, T. J.

General Partner

257 past transactions

Verkada

Series D in 2022
Verkada Inc. develops and offers a cloud-based video management software that enables users to manage physical security. Its Command platform enables users to access, share, and archive footage across locations. The company also offers security cameras for security services. Its products include Dome; Mini; Fisheye; and Viewing Station series. It serves Healthcare, banks, education, retail, restaurants, government, and private business sectors. The company was incorporated in 2016 and is based in San Mateo, California. It has an additional location in London, United Kingdom.

15Five

Series C in 2022
15Five, Inc. is a company that develops a cloud-based performance management platform aimed at enhancing employee engagement and performance. Founded in 2011 and headquartered in San Francisco, with additional offices in Raleigh and New York, 15Five offers a suite of tools that includes employee appreciation software, one-on-one meeting agendas, and a comprehensive 360° performance review system. The platform facilitates weekly check-ins for performance feedback, enables users to set objectives through OKRs, and allows for the collection of insights via polls and custom reports. With nearly 2,000 businesses globally utilizing its services, 15Five’s solutions are designed to help organizations foster high-performing teams by promoting regular communication, celebrating achievements, and providing constructive feedback to guide employee development.

BuildOps

Series A in 2022
BuildOps, Inc. provides a comprehensive software solution tailored for commercial HVAC, plumbing, and electrical contractors. Founded in 2018 and based in Santa Monica, California, the company’s platform integrates various functionalities, including dispatching, scheduling, customer management, and mobile invoicing. This all-in-one operational software streamlines business processes, enabling subcontractors to efficiently manage invoicing, billing, estimates, proposals, payments, workflows, and financial reporting. Designed by a team of subcontractors and engineers, BuildOps aims to enhance operational efficiency and profitability through its cloud-based technology, allowing users to improve their day-to-day operations while reducing costs.

TRACTIAN

Series A in 2022
Your machines are talking, we are listening. TRACTIAN is a platform that analyzes vibration and temperature data collected by our sensors to reduce unplanned downtime inside industries.

Observe.AI

Series C in 2022
Observe.AI specializes in enhancing customer experiences and agent performance in contact centers through advanced artificial intelligence solutions. By analyzing 100% of customer calls, the company offers high-accuracy transcriptions and facilitates agent coaching, providing businesses with comprehensive insights into their customer service operations. Using technologies such as automatic speech recognition and Natural Language Processing, Observe.AI helps organizations streamline quality assurance workflows and improve overall service effectiveness. Trusted by over 150 clients, including notable brands like Root Insurance and Tripadvisor, Observe.AI operates from its headquarters in San Francisco and has an additional office in Bangalore, India. The company is supported by several prominent investors, contributing to its growth and innovation in the field of Contact Center AI.

Metadata

Series B in 2022
Metadata, Inc. operates a demand generation platform tailored for B2B enterprises, focusing on inbound marketing and customer acquisition. The platform automates essential marketing tasks, allowing users to efficiently scale their demand generation efforts. It offers features such as campaign amplification, detailed profile information for incoming signups, and the auto-generation of buyer personas. Users can segment prospects by various criteria, including industry and technology stack, and monitor new signups to enhance their sales pipeline. By leveraging machine learning and a proprietary identity graph, Metadata streamlines marketing processes and aligns them with revenue objectives, helping businesses convert target accounts into customers more effectively than traditional methods. Incorporated in 2015, Metadata is based in San Francisco, California, and is utilized by numerous innovative B2B marketers to optimize their marketing strategies.

Wandelbots

Series C in 2022
Wandelbots GmbH, based in Dresden, Germany, is a startup focused on simplifying the programming of industrial robots. The company has developed sensor-attached wearables that allow users to teach robots through demonstration, eliminating the need for coding. By wearing a suit equipped with sensors, operators can perform tasks that the robots then learn to replicate. Wandelbots' software tracks these movements and creates machine learning models from multiple demonstrations, which generate automation workflows that can be refined and optimized. The system is designed to be self-adaptive, allowing robots to adjust to dynamic environments through automatic anomaly detection and process adaptation. This innovative approach significantly reduces the time and cost associated with automation projects, making it accessible for both small and large enterprises.

Alaiko

Series A in 2022
Alaiko is Europe's leading logistics operating system that enables e-commerce SMEs by providing them with access to a wide range of fulfillment services out of one hand. In order to achieve that, we connect all relevant stakeholders being e-commerce shops themselves, ERP-systems, fulfillers & shipping providers on one logistic-as-a-service platform.

Noname Security

Series C in 2021
Noname Security is a cybersecurity company based in Palo Alto, California, founded in 2020. The company specializes in providing security solutions for application programming interfaces (APIs), focusing on protecting against data leakage, authorization issues, and other vulnerabilities. Its agentless platform enables enterprises to discover, classify, and secure both managed and unmanaged APIs in real-time without requiring modifications to the network or the installation of agents. Noname Security's offerings include comprehensive detection and prevention capabilities, delivering greater visibility and security than traditional API gateways and load balancers.

Sysdig

Series G in 2021
Sysdig, Inc. provides network and application monitoring software solutions designed to enhance the performance and security of cloud-based application delivery infrastructures. Founded in 2013 and headquartered in San Francisco, California, Sysdig addresses the complexities of securing containers, Kubernetes, and cloud services through its Sysdig Secure DevOps Platform. This platform enables organizations to secure their build pipelines, detect and respond to runtime threats, validate compliance, and monitor cloud infrastructure effectively. Built on an open-source foundation that includes tools like Falco and sysdig OSS, Sysdig's SaaS offerings are relied upon by numerous companies for their container and Kubernetes security needs. The company also operates data centers in Oregon and Frankfurt, Germany, and has a subsidiary in Japan.

Software.com

Series A in 2021
Software.com is an online retailer of software solutions based in Manhattan Beach, California. As a subsidiary of Internet Real Estate Group, LLC, the company focuses on enhancing software development by collecting and analyzing data across the development stack. This approach aims to assist developers and teams in learning from their experiences, thereby increasing productivity and improving coding practices.

Homez

Series A in 2021
A global network of move-in-ready apartments for a month, a year, or longer.

Zesty

Series A in 2021
Zesty Ltd. develops and offers real-time cloud management platform that optimizes companies’ cloud infrastructure. It provides Commitment Manager, an automatic management of reserved instances and savings plans; EBS Auto-scaler, an automatic right-sizing of EBS Volumes; Resource Cleaner, an automatic decommission of unused cloud resources; and Spot Instances. The company was founded in 2018 and is based in Ramat Gan, Israel.

Blink

Series A in 2021
Blink is an enterprise communication platform that enhances the digital experience for frontline workers, such as nurses, bus drivers, construction personnel, and supply chain operators, who play a crucial role in the economy. Designed for users who are often away from traditional computer settings, the app has been adopted by over 60,000 individuals in more than 100 companies across the UK, US, and Australia. Users engage with the Blink app frequently throughout the day, addressing a significant gap in support and resources for the 70% of the workforce that comprises frontline employees. Blink aims to improve employee morale and retention, having achieved a 26% reduction in staff turnover and doubled employee satisfaction within its client organizations. The platform provides an all-in-one solution that digitizes frontline operations, ensuring that essential information and tools are readily accessible. With a strong recommendation rate among users, Blink is committed to empowering and equipping frontline workers to enhance their productivity and engagement.

Yellowbrick Data

Series C in 2021
Yellowbrick Data, Inc. is a technology company founded in 2014 and headquartered in Palo Alto, California, with additional offices in Salt Lake City, Hong Kong, and London. The company specializes in developing and deploying data warehouse solutions, offering both on-premises and cloud-based options. Its platform is designed to efficiently store, transform, and analyze large volumes of business data, enabling organizations to run complex mixed workloads and support numerous concurrent users. Yellowbrick’s data warehouse allows for seamless analytics across various environments, including private and public clouds, while delivering superior performance and cost-effectiveness. By addressing challenges such as high availability and scalability, Yellowbrick Data empowers enterprises to make faster, data-driven decisions.

Brilliant

Series B in 2021
Brilliant Home Technology, Inc. is a home automation company based in San Mateo, California, founded in 2016. The company specializes in the development of smart home devices, including smart home controls, dimmer switches, smart plugs, and various accessories. These products enable users to manage and control multiple aspects of their home environment, such as lighting, music, climate, security, and doorbells, enhancing convenience and efficiency in modern living.

Apollo GraphQL

Series D in 2021
Driving the momentum behind GraphQL, its Data Graph Platform helps developers, startups, and enterprises get the most out of GraphQL. Apollo builds open source tools and commercial services used by thousands of developers in production and has cultivated a strong community around GraphQL. With the Apollo Data Graph Platform, customers like Expedia, Airbnb, Audi, SurveyMonkey, and others rapidly implement GraphQL, consistent with industry best practices, providing their customers with the high-quality, personalized digital experiences they expect—on all of their devices. Based in San Francisco, Apollo is backed by Andreessen Horowitz, Matrix Partners, Webb Investment Network, and Trinity Ventures.

Aforza

Series A in 2021
Aforza Ltd. is a company based in Altrincham, United Kingdom, that specializes in developing mobile and cloud-based applications aimed at transforming the consumer goods industry. Incorporated in 2019, Aforza provides innovative solutions that enhance sales and operational processes for consumer goods companies. The company's applications focus on hyper-local sales intelligence and execution, enabling businesses to optimize their strategies for individual customers and improve retail performance. By partnering with Salesforce, Aforza aims to lead fast-moving consumer goods companies into a new era of digital transformation, thereby redefining usability and value in the sector.

75F

Series A in 2021
75F is a U.S.-based building intelligence company making smart building automation affordable and easy to deploy. 75F leverages IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC, lighting and energy optimization. 75F's mission is to improve occupant productivity through enhanced comfort and indoor air quality – while saving energy and the environment. 75F is currently headquartered in Burnsville, Minnesota.

Noname Security

Series B in 2021
Noname Security is a cybersecurity company based in Palo Alto, California, founded in 2020. The company specializes in providing security solutions for application programming interfaces (APIs), focusing on protecting against data leakage, authorization issues, and other vulnerabilities. Its agentless platform enables enterprises to discover, classify, and secure both managed and unmanaged APIs in real-time without requiring modifications to the network or the installation of agents. Noname Security's offerings include comprehensive detection and prevention capabilities, delivering greater visibility and security than traditional API gateways and load balancers.

Bringg

Series E in 2021
Bringg Delivery Technologies Ltd. is a software-as-a-service (SaaS) provider specializing in delivery logistics solutions. Founded in 2012 and headquartered in Tel Aviv, Israel, with additional offices in several locations including London and Chicago, Bringg offers a platform that enables businesses to efficiently manage their delivery operations. The platform allows users to order, track drivers in real-time, and communicate with both drivers and customers, enhancing the overall delivery experience. Various industries, including retail, grocery, and healthcare, utilize Bringg's technology to streamline their logistics, optimize supply chain processes, and improve customer satisfaction by ensuring timely and cost-effective deliveries. By automating and digitizing local and last-mile delivery operations, Bringg helps organizations achieve logistical excellence while balancing the needs of all participants in the delivery ecosystem.

Bringg

Series E in 2021
Bringg Delivery Technologies Ltd. is a software-as-a-service (SaaS) provider specializing in delivery logistics solutions. Founded in 2012 and headquartered in Tel Aviv, Israel, with additional offices in several locations including London and Chicago, Bringg offers a platform that enables businesses to efficiently manage their delivery operations. The platform allows users to order, track drivers in real-time, and communicate with both drivers and customers, enhancing the overall delivery experience. Various industries, including retail, grocery, and healthcare, utilize Bringg's technology to streamline their logistics, optimize supply chain processes, and improve customer satisfaction by ensuring timely and cost-effective deliveries. By automating and digitizing local and last-mile delivery operations, Bringg helps organizations achieve logistical excellence while balancing the needs of all participants in the delivery ecosystem.

VAST Data

Series D in 2021
VAST Data, Inc. is a New York-based company specializing in data storage solutions designed to simplify and enhance data management for various demanding applications. Founded in 2016, VAST offers a universal storage platform that utilizes Intel's Optane SSDs as a cache for data stored on quad-level cell (QLC) SSDs, effectively eliminating the need for complex storage tiering and traditional hard disk drives. The company's all-flash storage system consolidates multiple applications, catering to sectors such as animation, deep learning, enterprise backup recovery, life sciences, and quantitative trading. By redefining the economics of flash infrastructure, VAST makes it feasible for organizations to store all their data on flash, thereby improving performance and operational efficiency. With an emphasis on scalability and productivity, VAST Data accelerates time-to-insight for workload-intensive applications, enabling businesses to leverage advanced analytics more effectively.

Sysdig

Series F in 2021
Sysdig, Inc. provides network and application monitoring software solutions designed to enhance the performance and security of cloud-based application delivery infrastructures. Founded in 2013 and headquartered in San Francisco, California, Sysdig addresses the complexities of securing containers, Kubernetes, and cloud services through its Sysdig Secure DevOps Platform. This platform enables organizations to secure their build pipelines, detect and respond to runtime threats, validate compliance, and monitor cloud infrastructure effectively. Built on an open-source foundation that includes tools like Falco and sysdig OSS, Sysdig's SaaS offerings are relied upon by numerous companies for their container and Kubernetes security needs. The company also operates data centers in Oregon and Frankfurt, Germany, and has a subsidiary in Japan.

Pipe

Venture Round in 2021
Pipe Technologies Inc. is a financing platform designed specifically for Software as a Service (SaaS) companies. Established in 2019 and headquartered in Walnut, California, Pipe enables these businesses to access immediate liquidity by converting their recurring revenues into cash. This innovative approach allows companies to receive non-dilutive financing through instant cash advances based on the total annual value of their subscription contracts, facilitating growth without the need to give up equity. Additionally, larger SaaS firms utilize Pipe's platform to provide more flexible payment options to their customers, enhancing their competitive edge in the market.

DataGrail

Series B in 2021
DataGrail, Inc. is a privacy management platform designed to help companies comply with various privacy regulations, including GDPR and CCPA. Founded in 2018 and headquartered in San Francisco, the platform integrates with over 300 business systems such as Salesforce and Adobe, allowing organizations to quickly discover and map personal data. This capability enables companies to streamline privacy request workflows and manage communication preferences efficiently. By facilitating these processes, DataGrail aims to simplify compliance for both businesses and consumers while enhancing the overall management of personal data privacy.

Pipe

Series A in 2021
Pipe Technologies Inc. is a financing platform designed specifically for Software as a Service (SaaS) companies. Established in 2019 and headquartered in Walnut, California, Pipe enables these businesses to access immediate liquidity by converting their recurring revenues into cash. This innovative approach allows companies to receive non-dilutive financing through instant cash advances based on the total annual value of their subscription contracts, facilitating growth without the need to give up equity. Additionally, larger SaaS firms utilize Pipe's platform to provide more flexible payment options to their customers, enhancing their competitive edge in the market.

Skydio

Series D in 2021
Skydio, Inc., founded in 2014 and based in Redwood City, California, specializes in the design, assembly, manufacturing, and support of drones. The company is recognized as a leader in autonomous flight, utilizing artificial intelligence and advanced computer vision technology to create intelligent drones capable of real-time obstacle recognition and avoidance. These drones are employed in various applications, including public safety, inspection, and defense, serving a diverse clientele that encompasses consumers, enterprises, and government entities. Skydio sells its products online, enabling users to engage in complex tasks with enhanced safety and simplicity. The company's innovative approach positions it at the forefront of the drone industry, catering to a wide range of sectors and applications.

Armorblox

Series B in 2021
Armorblox, Inc., founded in 2017 and headquartered in Cupertino, California, specializes in data security solutions that focus on safeguarding the human layer of organizations. The company utilizes advanced techniques in machine learning and artificial intelligence to protect against identity-based attacks and prevent data loss. As a venture-backed startup, Armorblox aims to enhance cybersecurity measures for businesses through innovative technology.

Cargo.one

Series B in 2020
Cargo.one GmbH operates a digital platform that enables freight forwarders to search, compare, and book air freight capacities from various airlines. Founded in 2017 and based in Berlin, Germany, the platform aims to digitize the air freight industry by providing real-time pricing and availability of cargo space. This service facilitates efficient and data-driven distribution channels for international freight forwarders and cargo carriers, helping them attract new business while responding to the increasing demand for air cargo, particularly in North America. Cargo.one's focus on innovation supports a more streamlined and competitive approach to air freight logistics.

Bizzabo

Series E in 2020
Bizzabo Ltd. is a cloud-based platform that specializes in event management, designed for in-person, hybrid, and virtual events. Established in 2011 and headquartered in Tel Aviv-Yafo, Israel, Bizzabo provides a comprehensive suite of tools to facilitate various aspects of event planning, including registration, ticketing, marketing, agenda management, networking, and sponsorship opportunities. The platform aims to enhance the event experience for organizers, attendees, sponsors, and speakers, and is utilized by notable brands such as HubSpot, Forbes, and Uber. Bizzabo operates on a subscription model, charging an annual fee along with a per-registration fee. The company has received multiple accolades, recognizing its contributions to event technology and workplace culture.

Observe.AI

Series B in 2020
Observe.AI specializes in enhancing customer experiences and agent performance in contact centers through advanced artificial intelligence solutions. By analyzing 100% of customer calls, the company offers high-accuracy transcriptions and facilitates agent coaching, providing businesses with comprehensive insights into their customer service operations. Using technologies such as automatic speech recognition and Natural Language Processing, Observe.AI helps organizations streamline quality assurance workflows and improve overall service effectiveness. Trusted by over 150 clients, including notable brands like Root Insurance and Tripadvisor, Observe.AI operates from its headquarters in San Francisco and has an additional office in Bangalore, India. The company is supported by several prominent investors, contributing to its growth and innovation in the field of Contact Center AI.

Seeq

Series B in 2020
Seeq Corporation specializes in analytics software designed for processing industrial manufacturing data. The company's flagship application, Seeq, enables users to analyze time-series data, search and cleanse data, model information, identify patterns, and monitor assets while facilitating real-time collaboration. Seeq integrates data from various historians, such as OSIsoft PI, Honeywell PHD, and GE Proficy, as well as relational databases like SQL Server, Oracle, and MySQL. The platform serves a wide range of industries, including food and beverage, oil and gas, pharmaceuticals, and utilities, helping organizations derive actionable insights from their process data. Founded in 2013 and based in Seattle, Washington, Seeq aims to enhance business decision-making and operational performance through improved data analysis and collaboration.

Cargo.one

Series A in 2020
Cargo.one GmbH operates a digital platform that enables freight forwarders to search, compare, and book air freight capacities from various airlines. Founded in 2017 and based in Berlin, Germany, the platform aims to digitize the air freight industry by providing real-time pricing and availability of cargo space. This service facilitates efficient and data-driven distribution channels for international freight forwarders and cargo carriers, helping them attract new business while responding to the increasing demand for air cargo, particularly in North America. Cargo.one's focus on innovation supports a more streamlined and competitive approach to air freight logistics.

Skydio

Series C in 2020
Skydio, Inc., founded in 2014 and based in Redwood City, California, specializes in the design, assembly, manufacturing, and support of drones. The company is recognized as a leader in autonomous flight, utilizing artificial intelligence and advanced computer vision technology to create intelligent drones capable of real-time obstacle recognition and avoidance. These drones are employed in various applications, including public safety, inspection, and defense, serving a diverse clientele that encompasses consumers, enterprises, and government entities. Skydio sells its products online, enabling users to engage in complex tasks with enhanced safety and simplicity. The company's innovative approach positions it at the forefront of the drone industry, catering to a wide range of sectors and applications.

Wandelbots

Series B in 2020
Wandelbots GmbH, based in Dresden, Germany, is a startup focused on simplifying the programming of industrial robots. The company has developed sensor-attached wearables that allow users to teach robots through demonstration, eliminating the need for coding. By wearing a suit equipped with sensors, operators can perform tasks that the robots then learn to replicate. Wandelbots' software tracks these movements and creates machine learning models from multiple demonstrations, which generate automation workflows that can be refined and optimized. The system is designed to be self-adaptive, allowing robots to adjust to dynamic environments through automatic anomaly detection and process adaptation. This innovative approach significantly reduces the time and cost associated with automation projects, making it accessible for both small and large enterprises.

VAST Data

Series C in 2020
VAST Data, Inc. is a New York-based company specializing in data storage solutions designed to simplify and enhance data management for various demanding applications. Founded in 2016, VAST offers a universal storage platform that utilizes Intel's Optane SSDs as a cache for data stored on quad-level cell (QLC) SSDs, effectively eliminating the need for complex storage tiering and traditional hard disk drives. The company's all-flash storage system consolidates multiple applications, catering to sectors such as animation, deep learning, enterprise backup recovery, life sciences, and quantitative trading. By redefining the economics of flash infrastructure, VAST makes it feasible for organizations to store all their data on flash, thereby improving performance and operational efficiency. With an emphasis on scalability and productivity, VAST Data accelerates time-to-insight for workload-intensive applications, enabling businesses to leverage advanced analytics more effectively.

Bringg

Series D in 2020
Bringg Delivery Technologies Ltd. is a software-as-a-service (SaaS) provider specializing in delivery logistics solutions. Founded in 2012 and headquartered in Tel Aviv, Israel, with additional offices in several locations including London and Chicago, Bringg offers a platform that enables businesses to efficiently manage their delivery operations. The platform allows users to order, track drivers in real-time, and communicate with both drivers and customers, enhancing the overall delivery experience. Various industries, including retail, grocery, and healthcare, utilize Bringg's technology to streamline their logistics, optimize supply chain processes, and improve customer satisfaction by ensuring timely and cost-effective deliveries. By automating and digitizing local and last-mile delivery operations, Bringg helps organizations achieve logistical excellence while balancing the needs of all participants in the delivery ecosystem.

Bringg

Series D in 2020
Bringg Delivery Technologies Ltd. is a software-as-a-service (SaaS) provider specializing in delivery logistics solutions. Founded in 2012 and headquartered in Tel Aviv, Israel, with additional offices in several locations including London and Chicago, Bringg offers a platform that enables businesses to efficiently manage their delivery operations. The platform allows users to order, track drivers in real-time, and communicate with both drivers and customers, enhancing the overall delivery experience. Various industries, including retail, grocery, and healthcare, utilize Bringg's technology to streamline their logistics, optimize supply chain processes, and improve customer satisfaction by ensuring timely and cost-effective deliveries. By automating and digitizing local and last-mile delivery operations, Bringg helps organizations achieve logistical excellence while balancing the needs of all participants in the delivery ecosystem.

Verkada

Series C in 2020
Verkada Inc. develops and offers a cloud-based video management software that enables users to manage physical security. Its Command platform enables users to access, share, and archive footage across locations. The company also offers security cameras for security services. Its products include Dome; Mini; Fisheye; and Viewing Station series. It serves Healthcare, banks, education, retail, restaurants, government, and private business sectors. The company was incorporated in 2016 and is based in San Mateo, California. It has an additional location in London, United Kingdom.

Scoutbee

Series B in 2020
scoutbee GmbH operates a digital B2B platform that facilitates global supplier searches for procurement and supply chain professionals. Founded in 2015 and headquartered in Germany, the platform enables users to discover new suppliers and partners while providing essential B2B information. It serves a diverse clientele, from small and medium enterprises to large original equipment manufacturers across various sectors, including automotive, drive technology, and plastics. Utilizing artificial intelligence, scoutbee delivers in-depth supplier insights to help procurement leaders make informed decisions. The platform analyzes substantial amounts of supply chain data, establishing connections among millions of companies and OEMs. Its main offerings, Streamline and DeepSee, enhance supplier discovery by allowing users to filter based on specific requirements and offer detailed insights into suppliers' pricing, competitive relationships, and delivery history. Scoutbee addresses the challenges of rising supply chain costs, geopolitical tensions, and sustainability concerns, positioning itself as a key player in the digital transformation of global procurement.

Pando

Series A in 2020
Pando is a Chennai-based company founded in 2015 that offers an open-market freight management platform designed to digitize logistics operations. The platform aims to enhance efficiency within the delivery ecosystem for traditional enterprises by facilitating advanced connectivity and data sharing among various stakeholders, including devices, information systems, and services. Pando's no-code fulfillment cloud platform provides manufacturers and retailers with comprehensive visibility and optimization of the end-to-end supply chain, allowing them to streamline the order-to-fulfillment process. By enabling organizations to digitalize information, transactions, communication, and documentation, Pando seeks to improve service levels while reducing costs and carbon footprints in logistics and supply chain execution.

Gecko Robotics

Series B in 2019
Gecko Robotics, Inc. is a company that specializes in industrial inspection services to safeguard and maintain critical infrastructure using advanced robotic technology. Founded in 2013 and based in Pittsburgh, Pennsylvania, with additional locations in Texas, Spain, and Chile, Gecko Robotics focuses on automating infrastructure inspections primarily for the power, oil and gas, and pulp and paper sectors. The company's innovative wall-climbing robots are designed to conduct non-destructive testing, utilizing ultrasound transducers and high-definition cameras to provide comprehensive insights into asset health. By enabling faster and safer inspections, Gecko Robotics significantly reduces downtime and minimizes the risks traditionally associated with manual inspections, ultimately leading to substantial cost savings for industrial clients. Through its advanced machines and platforms, the company aims to enhance the efficiency and safety of infrastructure maintenance globally.

Citrine Informatics

Series B in 2019
Citrine Informatics, Inc. is a technology company that operates an artificial intelligence platform focused on materials development. Established in 2013 and headquartered in Redwood City, California, with an additional office in Pittsburgh, Pennsylvania, the company specializes in aggregating and analyzing extensive technical data related to materials, chemicals, and devices. Its platform leverages machine learning and data science to enhance research and development, manufacturing, and supply chain operations for organizations involved in physical product production. By facilitating the discovery of new materials and identifying defects early in the research process, Citrine Informatics aims to streamline product growth and design, thereby transforming the materials and chemicals development landscape.

Built Robotics

Series B in 2019
Built Robotics Inc. develops automation technology solutions for the construction industry. It develops AI guidance systems to transform heavy equipment into autonomous robots, which combines various sensors, such as GPS, cameras, and Lidar with advanced software. The company’s guidance systems are deployed on earthmoving equipment, and used to build critical infrastructure, such as wind farms, oil and gas pipelines, mining, and new housing developments. Built Robotics Inc. was founded in 2016 and is headquartered in San Francisco, California.

Sennder

Series C in 2019
Sennder GmbH is a digital road freight forwarder based in Berlin, Germany, founded in 2015. The company operates a web-based platform that connects large commercial shippers with small freight carriers across continental Europe. By digitizing the freight-forwarding process, sennder enhances the efficiency, transparency, and automation of the €300 billion road freight market, which has traditionally relied on outdated communication methods. The platform provides services such as instant pricing, live tracking, and fleet management tools, allowing for real-time booking and customized reporting. With access to over 10,000 vehicles, sennder offers significant capacity for both short and long-haul routes. Its API integration enables seamless connectivity with shippers' Transport Management and Freight Management Systems, streamlining operations and reducing costs by minimizing the need for intermediaries.

15Five

Series B in 2019
15Five, Inc. is a company that develops a cloud-based performance management platform aimed at enhancing employee engagement and performance. Founded in 2011 and headquartered in San Francisco, with additional offices in Raleigh and New York, 15Five offers a suite of tools that includes employee appreciation software, one-on-one meeting agendas, and a comprehensive 360° performance review system. The platform facilitates weekly check-ins for performance feedback, enables users to set objectives through OKRs, and allows for the collection of insights via polls and custom reports. With nearly 2,000 businesses globally utilizing its services, 15Five’s solutions are designed to help organizations foster high-performing teams by promoting regular communication, celebrating achievements, and providing constructive feedback to guide employee development.

Yellowbrick Learning

Series C in 2019
Yellowbrick Learning, Inc. is an online education platform based in New York, dedicated to helping individuals explore and pursue career paths aligned with their interests in sectors such as fashion, sports, beauty, music, and media. Founded in 2013, the company offers courses and experiences developed in partnership with leading universities and brands. These programs are designed to help students acquire relevant skills and insights into various industries, facilitating a seamless transition into fulfilling careers. Yellowbrick's mission is to empower the next generation of talent by connecting their passions with opportunities for personal and professional advancement.

Yellowbrick Data

Series C in 2019
Yellowbrick Data, Inc. is a technology company founded in 2014 and headquartered in Palo Alto, California, with additional offices in Salt Lake City, Hong Kong, and London. The company specializes in developing and deploying data warehouse solutions, offering both on-premises and cloud-based options. Its platform is designed to efficiently store, transform, and analyze large volumes of business data, enabling organizations to run complex mixed workloads and support numerous concurrent users. Yellowbrick’s data warehouse allows for seamless analytics across various environments, including private and public clouds, while delivering superior performance and cost-effectiveness. By addressing challenges such as high availability and scalability, Yellowbrick Data empowers enterprises to make faster, data-driven decisions.

Logz.io

Series D in 2019
Logz.io develops a cloud observability platform tailored for modern engineering teams, focusing on log management, cloud security information and event management (SIEM), and infrastructure monitoring. The platform incorporates advanced analytics for application performance monitoring (APM), security, cloud environments, DevOps, and container management, leveraging artificial intelligence and machine learning to enhance its capabilities. Launched in 2019 and based in London, United Kingdom, Logz.io aims to simplify the monitoring and troubleshooting of mission-critical applications, enabling organizations to efficiently manage the vast amounts of machine data generated in IT environments. By combining user-friendly design with scalability, Logz.io assists companies of all sizes in identifying and addressing critical issues proactively.

Verkada

Series B in 2019
Verkada Inc. develops and offers a cloud-based video management software that enables users to manage physical security. Its Command platform enables users to access, share, and archive footage across locations. The company also offers security cameras for security services. Its products include Dome; Mini; Fisheye; and Viewing Station series. It serves Healthcare, banks, education, retail, restaurants, government, and private business sectors. The company was incorporated in 2016 and is based in San Mateo, California. It has an additional location in London, United Kingdom.

Software.com

Venture Round in 2019
Software.com is an online retailer of software solutions based in Manhattan Beach, California. As a subsidiary of Internet Real Estate Group, LLC, the company focuses on enhancing software development by collecting and analyzing data across the development stack. This approach aims to assist developers and teams in learning from their experiences, thereby increasing productivity and improving coding practices.

Bizzabo

Series D in 2019
Bizzabo Ltd. is a cloud-based platform that specializes in event management, designed for in-person, hybrid, and virtual events. Established in 2011 and headquartered in Tel Aviv-Yafo, Israel, Bizzabo provides a comprehensive suite of tools to facilitate various aspects of event planning, including registration, ticketing, marketing, agenda management, networking, and sponsorship opportunities. The platform aims to enhance the event experience for organizers, attendees, sponsors, and speakers, and is utilized by notable brands such as HubSpot, Forbes, and Uber. Bizzabo operates on a subscription model, charging an annual fee along with a per-registration fee. The company has received multiple accolades, recognizing its contributions to event technology and workplace culture.

Sila

Series E in 2019
Sila Nanotechnologies Inc. specializes in developing advanced materials for batteries that enhance energy density. The company serves various sectors, including automotive, consumer electronics, electric utilities, and aerospace, by providing innovative battery materials chemistry. Founded in 2011 and based in Alameda, California, Sila collaborates closely with leading original equipment manufacturers (OEMs) to support their product development timelines and partners with battery manufacturers to facilitate commercial cell production.

Avidbots

Series B in 2019
Avidbots Corp. develops and manufactures autonomous floor cleaning robots, primarily focusing on its flagship product, NEO, which is recognized as one of the most advanced autonomous scrubbing robots available. Founded in 2014 and based in Ottawa, Canada, Avidbots uses laser mapping technology to create detailed area maps and plan efficient cleaning paths. Its robots are designed to automate the labor-intensive aspects of commercial cleaning, allowing human cleaning crews to concentrate on higher-value tasks. Avidbots' products are utilized in various settings, including airports, retail malls, hospitals, colleges, and industrial sites across multiple countries. The company's vision is to integrate robots into everyday life to enhance human capabilities and improve operational efficiency in cleaning processes.

Markforged

Series D in 2019
Markforged, founded in 2013 and based in Watertown, Massachusetts, specializes in designing and manufacturing advanced 3D printers that utilize materials such as carbon fiber, metal, fiberglass, nylon, and PLA filament. The company's printers are engineered to produce durable parts, tooling, fixtures, and functional prototypes suitable for industrial applications. Markforged also offers EIGER, its proprietary 3D printing software, which enhances the printing process. With a global workforce of approximately 300 employees, the company has attracted significant investment, totaling around $137 million. Markforged has garnered recognition for its innovative contributions to manufacturing, including being featured in Forbes' Next Billion-Dollar Startups list and ranking as one of the fastest-growing hardware companies in the United States according to Deloitte's Fast 500.

ubitricity

Series C in 2019
ubitricity has developed a highly efficient solution to make charging and billing of green electricity affordable everywhere.The ubitricity Mobile Charging System offers the first possibility to roll out scalable charging infrastructure everywhere. To this end, ubitricity has developed an intelligent charging cable which entails all metering and billing technology: the SmartCable. The user carries the mobile electricity contract, tied to the SmartCable, along to the charging spot. The technologically lean charging spots produce next to no running costs. They can be installed practically everywhere: at a wall, integrated into a standing pole or even integrated into urban furniture such as street lights. The user portal offers (among other services) a transparent overview of all transaction data. The charging and transaction data is managed by ubitricity. The all-round service is completed by the monthly invoice.

Bringg

Series C in 2019
Bringg Delivery Technologies Ltd. is a software-as-a-service (SaaS) provider specializing in delivery logistics solutions. Founded in 2012 and headquartered in Tel Aviv, Israel, with additional offices in several locations including London and Chicago, Bringg offers a platform that enables businesses to efficiently manage their delivery operations. The platform allows users to order, track drivers in real-time, and communicate with both drivers and customers, enhancing the overall delivery experience. Various industries, including retail, grocery, and healthcare, utilize Bringg's technology to streamline their logistics, optimize supply chain processes, and improve customer satisfaction by ensuring timely and cost-effective deliveries. By automating and digitizing local and last-mile delivery operations, Bringg helps organizations achieve logistical excellence while balancing the needs of all participants in the delivery ecosystem.

Bringg

Series C in 2019
Bringg Delivery Technologies Ltd. is a software-as-a-service (SaaS) provider specializing in delivery logistics solutions. Founded in 2012 and headquartered in Tel Aviv, Israel, with additional offices in several locations including London and Chicago, Bringg offers a platform that enables businesses to efficiently manage their delivery operations. The platform allows users to order, track drivers in real-time, and communicate with both drivers and customers, enhancing the overall delivery experience. Various industries, including retail, grocery, and healthcare, utilize Bringg's technology to streamline their logistics, optimize supply chain processes, and improve customer satisfaction by ensuring timely and cost-effective deliveries. By automating and digitizing local and last-mile delivery operations, Bringg helps organizations achieve logistical excellence while balancing the needs of all participants in the delivery ecosystem.

Turvo

Series B in 2018
Turvo Inc. operates a collaborative logistics platform that connects shippers, brokers, and carriers, facilitating real-time communication and collaboration across the supply chain. The platform offers a range of features, including real-time tracking of assets, drivers, and freight, as well as tools for managing tasks, creating digital invoices, and handling payments. Users can receive updates and manage documentation while benefiting from a dashboard that consolidates key business metrics. Turvo's technology integrates various business systems, enhancing operational efficiency and automating processes. Established in 2014 and headquartered in Sunnyvale, California, with additional offices in Dallas, Texas, and Hyderabad, India, Turvo serves a diverse clientele, including major logistics service providers and shippers, enabling them to improve customer experiences and streamline their supply chain operations.

Albert Health

Pre Seed Round in 2018
Albert Health develops a voice-based health assistant aimed at improving medication adherence among elderly patients with chronic diseases. Recognizing that a significant portion of individuals with chronic conditions do not follow prescribed medication regimens, Albert's platform utilizes machine learning and artificial intelligence to facilitate an intuitive conversational experience. Patients can manage their medications through voice commands, allowing them to track health measurements, maintain a medical diary, and set pill reminders effortlessly. Additionally, the platform features a "Caregiver Mode," enabling family members to remotely monitor and manage their relatives' treatment. By simplifying medication management, Albert Health aims to enhance patient compliance, reduce hospitalizations, and lower healthcare costs for insurers.

Yellowbrick Learning

Series B in 2018
Yellowbrick Learning, Inc. is an online education platform based in New York, dedicated to helping individuals explore and pursue career paths aligned with their interests in sectors such as fashion, sports, beauty, music, and media. Founded in 2013, the company offers courses and experiences developed in partnership with leading universities and brands. These programs are designed to help students acquire relevant skills and insights into various industries, facilitating a seamless transition into fulfilling careers. Yellowbrick's mission is to empower the next generation of talent by connecting their passions with opportunities for personal and professional advancement.

Yellowbrick Data

Series B in 2018
Yellowbrick Data, Inc. is a technology company founded in 2014 and headquartered in Palo Alto, California, with additional offices in Salt Lake City, Hong Kong, and London. The company specializes in developing and deploying data warehouse solutions, offering both on-premises and cloud-based options. Its platform is designed to efficiently store, transform, and analyze large volumes of business data, enabling organizations to run complex mixed workloads and support numerous concurrent users. Yellowbrick’s data warehouse allows for seamless analytics across various environments, including private and public clouds, while delivering superior performance and cost-effectiveness. By addressing challenges such as high availability and scalability, Yellowbrick Data empowers enterprises to make faster, data-driven decisions.

Braincube

Venture Round in 2018
Braincube SAS develops and provides cloud based manufacturing solutions for paper and forest products, chemical, glass, automobile and aeronautics, metal, food, and consumer goods industries. Its cloud software solution analyzes raw production data of manufacturing sites in real time and transforms them into outputs and instructions. The company was formerly known as IP Leanware. Braincube SAS was founded in 2007 and is based in Issoire, France with additional offices in Versailles, France; Portland, Maine; and Campinas, Brazil.

Varjo

Series B in 2018
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Sila

Series D in 2018
Sila Nanotechnologies Inc. specializes in developing advanced materials for batteries that enhance energy density. The company serves various sectors, including automotive, consumer electronics, electric utilities, and aerospace, by providing innovative battery materials chemistry. Founded in 2011 and based in Alameda, California, Sila collaborates closely with leading original equipment manufacturers (OEMs) to support their product development timelines and partners with battery manufacturers to facilitate commercial cell production.

rideOS

Series B in 2018
rideOS Inc., founded in 2017 and headquartered in San Francisco, California, specializes in developing marketplace and mapping services that facilitate on-demand transportation for both self-driving and human-operated fleets. The company's offerings include self-driving vehicle routing, estimated time of arrival (ETA) calculations, dispatch services, supply positioning, multi-rider trip planning, and performance monitoring dashboards. rideOS aims to accelerate the global adoption of next-generation transport systems by collaborating with a range of partners, including startups and established ride-hailing companies. Its advanced technologies enable mobility service providers to efficiently deploy autonomous vehicles, ensuring that passengers are routed correctly and that human operators are dispatched when necessary. The team comprises experienced engineers with backgrounds from leading technology companies, enhancing its capabilities in the transportation sector.

Seeq

Series B in 2018
Seeq Corporation specializes in analytics software designed for processing industrial manufacturing data. The company's flagship application, Seeq, enables users to analyze time-series data, search and cleanse data, model information, identify patterns, and monitor assets while facilitating real-time collaboration. Seeq integrates data from various historians, such as OSIsoft PI, Honeywell PHD, and GE Proficy, as well as relational databases like SQL Server, Oracle, and MySQL. The platform serves a wide range of industries, including food and beverage, oil and gas, pharmaceuticals, and utilities, helping organizations derive actionable insights from their process data. Founded in 2013 and based in Seattle, Washington, Seeq aims to enhance business decision-making and operational performance through improved data analysis and collaboration.

Falkonry

Series A in 2018
Falkonry Inc. is a developer of machine learning software that enhances condition recognition through the integration of new data and expert feedback. Founded in 2012 and based in Sunnyvale, California, the company offers products such as Falkonry LRS, which analyzes multivariate time series data to identify patterns, predict critical events, and explain operational behaviors, and Falkonry Edge Analyzer, a portable engine for deploying predictive models on edge devices. Falkonry's solutions are designed for Global Fortune 2000 industrial companies, helping them achieve significant return on investment by improving manufacturing operations. The company's Operational AI allows for scalable implementation across various environments, including on-premises, cloud, and edge, empowering organizations to automatically discover, predict, and explain behaviors affecting their operations without the need for extensive data science expertise.

Verkada

Series A in 2018
Verkada Inc. develops and offers a cloud-based video management software that enables users to manage physical security. Its Command platform enables users to access, share, and archive footage across locations. The company also offers security cameras for security services. Its products include Dome; Mini; Fisheye; and Viewing Station series. It serves Healthcare, banks, education, retail, restaurants, government, and private business sectors. The company was incorporated in 2016 and is based in San Mateo, California. It has an additional location in London, United Kingdom.

DeepScale

Series A in 2018
DeepScale is a technology company that develops perceptual systems for semi-autonomous and autonomous vehicles. It help automakers use industry-standard low-wattage processors to power more accurate perception. Alongside sensors, mapping, planning and control systems, perception, (sometimes referenced as “computer vision”) enables vehicles to make sense of what’s going on around them in real time.

Fair

Series A in 2018
Fair is a car leasing company based in Santa Monica, California, founded in 2016. It offers a mobile application that simplifies the vehicle leasing process, allowing users to shop for, get approved for, and pay for a car using only their driver's license and bank account. By pioneering the car-as-a-service concept, Fair provides customers with the freedom to choose their vehicle and the flexibility to lease it for as long as desired, without the long-term commitments associated with traditional financing or leasing options. This innovative approach aims to enhance access to personal mobility for a wide range of consumers.

Faircom

Venture Round in 2018
FairCom is a database technology company based in Columbia, Missouri, known for its innovative multimodel No+SQL technology. Its flagship product, c-treeACE, is an advanced, full ACID key-value store that offers simultaneous access to both NoSQL and SQL interfaces within the same application, enabling users to efficiently manage and customize their data. With over 35 years of experience, FairCom's solutions are utilized in mission-critical environments and by enterprises that demand high reliability and performance. The company's technology is designed to enhance application performance and meet the complex data needs of modern businesses.

Seurat Technologies

Series A in 2018
Seurat Technologies, Inc. is a company that specializes in advanced printing services. Founded in 2015, it is headquartered in Mountain View, California, and also has significant operations in Wilmington, Massachusetts. The company focuses on innovative approaches to printing technology, aiming to enhance efficiency and quality in the production process.

Atom Power

Series A in 2017
Atom Power, Inc. is a manufacturer based in Charlotte, North Carolina, that specializes in intelligent electrical infrastructure solutions for the commercial power industry. Founded in 2014, the company produces a range of products designed to manage electricity flow and enhance safety. Its offerings include the Atom Switch, a circuit breaker that safeguards against electrical surges; the Atom Panel, a distribution panel that organizes electrical distribution; and Atom OS, a software platform that allows for comprehensive control and customization of electrical systems. Through its innovative technology, Atom Power aims to improve the efficiency and safety of electrical management in commercial and industrial settings.

Markforged

Series C in 2017
Markforged, founded in 2013 and based in Watertown, Massachusetts, specializes in designing and manufacturing advanced 3D printers that utilize materials such as carbon fiber, metal, fiberglass, nylon, and PLA filament. The company's printers are engineered to produce durable parts, tooling, fixtures, and functional prototypes suitable for industrial applications. Markforged also offers EIGER, its proprietary 3D printing software, which enhances the printing process. With a global workforce of approximately 300 employees, the company has attracted significant investment, totaling around $137 million. Markforged has garnered recognition for its innovative contributions to manufacturing, including being featured in Forbes' Next Billion-Dollar Startups list and ranking as one of the fastest-growing hardware companies in the United States according to Deloitte's Fast 500.

Veo Robotics

Series A in 2017
Veo Robotics, Inc., founded in 2016 and based in Waltham, Massachusetts, specializes in developing robotics systems that enhance manufacturing processes. The company focuses on creating industrial automation products that allow high-performance robots to work collaboratively and safely alongside human workers. By integrating advanced computer vision, 3D sensing, and artificial intelligence, Veo Robotics' products aim to create more flexible, productive, and efficient manufacturing workcells. Their proprietary algorithms and distributed sensing technologies enable clients to improve productivity while reducing operating costs in both manufacturing and logistics environments.

Riffyn

Series A in 2017
Riffyn, Inc. is a software company that provides a cloud-based platform designed for research and development in the life sciences, pharmaceutical, food, and chemical industries. Founded in 2014 and headquartered in Oakland, California, Riffyn's flagship product, Riffyn Nexus, enables users to visually design, measure, analyze, and collaborate on experiments. The software integrates diverse scientific data in real time, fostering enhanced data quality and facilitating reproducible discoveries. Riffyn's offerings include implementation, change management, and educational services, which support organizations in improving their research and development processes through advanced data analytics and machine learning capabilities. The company serves clients in the biopharmaceutical, industrial biotech, and materials sectors, both domestically and internationally.

EcoG

Pre Seed Round in 2017
EcoG GmbH, founded in 2017 and based in Fürth, Germany, specializes in developing an Internet of Things (IoT) operating system and platform tailored for electric vehicle (EV) charging infrastructure. The company provides a comprehensive starter kit that includes charging control, backend connectivity, payment solutions, and user interface components, along with tools for software development, testing, and simulation for EV chargers. EcoG's cloud-based platform facilitates the monetization of charging infrastructure by enabling shared revenue streams and value-added services, thus enhancing the fast charging experience for users. With additional offices in Oslo, Norway, and Detroit, Michigan, EcoG aims to connect users, vehicles, and businesses to deliver customized charging solutions that help charger manufacturers and operators stand out in a competitive market.

Identify3D

Seed Round in 2017
Identify3D, Inc. is a technology company that specializes in providing solutions for intellectual property protection, quality assurance, and data security in digital manufacturing. Founded in 2014 and headquartered in San Francisco, California, with additional offices in Lexington, Kentucky, and Germany, the company offers a platform that encrypts designs and integrates enforceable manufacturing rules. Its key products include Protect, which secures the digital supply chain; Manage, which facilitates secure digital distribution and tracking; Enforce, which ensures security and integrity during production; and Trace, which records operational and transaction details for audit purposes. Identify3D serves various industries, including aerospace, automotive, defense, and medical, helping clients prevent counterfeiting and maintain the confidentiality and integrity of data throughout the manufacturing process.

Atom Power

Series A in 2017
Atom Power, Inc. is a manufacturer based in Charlotte, North Carolina, that specializes in intelligent electrical infrastructure solutions for the commercial power industry. Founded in 2014, the company produces a range of products designed to manage electricity flow and enhance safety. Its offerings include the Atom Switch, a circuit breaker that safeguards against electrical surges; the Atom Panel, a distribution panel that organizes electrical distribution; and Atom OS, a software platform that allows for comprehensive control and customization of electrical systems. Through its innovative technology, Atom Power aims to improve the efficiency and safety of electrical management in commercial and industrial settings.

GoSecure

Series C in 2016
GoSecure is an information technology company that specializes in the fields of cybersecurity, cloud security, and network security. The CounterTack Platform delivers predictive multi-vector detection, prevention, and response. GoSecure provides a detection and response platform that delivers predictive multi-vector detection, prevention, and response by applying a combination of behavioral analysis, memory forensics, machine learning, and reputational techniques to counter the most advanced threats.

Frustum

Series A in 2016
Frustum, Inc., established in 2013 and headquartered in Boulder, Colorado, specializes in design and topology optimization tools aimed at enhancing product development for designers and engineers. The company's key offerings include the Generate platform, which integrates design and topology optimization to facilitate advancements in additive manufacturing, and TrueSOLID, which supports 3D manufacturing processes. Frustum's software tools empower businesses to create, test, and refine manufactured parts and structures, thereby optimizing material layouts based on specific scenarios. This approach helps companies improve product quality while streamlining the design process by reducing the need for manual remodeling or editing. Frustum operates as a subsidiary of PTC Inc.

Electric Cloud

Series F in 2016
Electric Cloud, Inc. specializes in developing release automation and continuous delivery software for a diverse range of industries, including financial services, automotive, and embedded systems. Founded in 2002 and based in San Jose, California, the company offers products such as ElectricFlow, a release orchestration platform that enables teams to manage releases efficiently, and Electric Accelerator, which enhances build and testing processes by distributing workloads across various resources. Electric Cloud's solutions help organizations like Cisco, GE, and Intel improve their DevOps productivity and streamline their software delivery processes. By automating manual tasks and reducing the risks associated with software releases, the company empowers development teams to accelerate time-to-market and enhance software quality. As of April 2019, Electric Cloud operates as a subsidiary of CloudBees, Inc.

LogRhythm

Venture Round in 2016
LogRhythm, Inc. specializes in developing a comprehensive security intelligence and analytics platform aimed at addressing the challenges posed by cyber threats. The platform integrates various functionalities, including next-generation security information and event management (SIEM), log management, network and endpoint forensics, and advanced security analytics. This unified solution enables organizations to detect, respond to, and neutralize threats such as ransomware and spear phishing, while also supporting business intelligence, insider threat detection, and compliance initiatives. LogRhythm serves a diverse clientele, including Fortune 500 companies and sectors such as banking, healthcare, and government, providing not only technology solutions but also professional services, training, and compliance support. Founded in 2003 and headquartered in Boulder, Colorado, LogRhythm operates globally across North America, South America, Europe, and the Asia Pacific, establishing itself as a leader in the cybersecurity field.

Bytemark

Venture Round in 2016
Bytemark Inc., founded in 2011 and headquartered in New York, provides a mobile ticketing platform designed for various sectors, including transit, sports, and events. The company offers a comprehensive suite of tools that includes smartphone applications, point-of-sale plugins, and open APIs to facilitate an integrated mobile commerce experience. Its services cater to organizations operating ferries, buses, trains, and subways, allowing for efficient fare collection and management through features such as handheld and onboard ticket validators. Bytemark also specializes in Mobility as a Service (MaaS) and Payments as a Service (PaaS) solutions, helping cities and agencies enhance the travel experience for riders. The company holds patents related to electronic ticket distribution and validation technologies. In addition to its New York headquarters, Bytemark has offices in Toronto, Canada, and Bengaluru, India, and operates as a subsidiary of HaCon Ingenieurgesellschaft mbH.

Sternico

Venture Round in 2016
Sternico has been providing innovative software solutions for over 15 years, focusing on business solutions and industrial automation. With expertise in the industrial sector, the company develops cloud-based software aimed at digitizing and automating industrial processes. Sternico offers a range of services, including analysis, consulting, software development, system integration, and software assurance. Their approach emphasizes both standard products and customized services, aimed at enhancing the quality and efficiency of clients' operations. By fostering a partnership relationship with clients, Sternico seeks to optimize processes and integrate systems effectively.

BlackDuck

Venture Round in 2016
Black Duck secures and manages open source software worldwide, eliminating open source security vulnerabilities and license compliance pain. With the rapid, widespread adoption of open-source software, Black Duck is a key component of Synopsys’ Software Integrity Platform, the most comprehensive solution for integrating security into the SDLC and software supply chain. Black Duck was established in 2002 and is based in Burlington, Massachusetts, United States.

Riffyn

Venture Round in 2016
Riffyn, Inc. is a software company that provides a cloud-based platform designed for research and development in the life sciences, pharmaceutical, food, and chemical industries. Founded in 2014 and headquartered in Oakland, California, Riffyn's flagship product, Riffyn Nexus, enables users to visually design, measure, analyze, and collaborate on experiments. The software integrates diverse scientific data in real time, fostering enhanced data quality and facilitating reproducible discoveries. Riffyn's offerings include implementation, change management, and educational services, which support organizations in improving their research and development processes through advanced data analytics and machine learning capabilities. The company serves clients in the biopharmaceutical, industrial biotech, and materials sectors, both domestically and internationally.

Veo Robotics

Pre Seed Round in 2016
Veo Robotics, Inc., founded in 2016 and based in Waltham, Massachusetts, specializes in developing robotics systems that enhance manufacturing processes. The company focuses on creating industrial automation products that allow high-performance robots to work collaboratively and safely alongside human workers. By integrating advanced computer vision, 3D sensing, and artificial intelligence, Veo Robotics' products aim to create more flexible, productive, and efficient manufacturing workcells. Their proprietary algorithms and distributed sensing technologies enable clients to improve productivity while reducing operating costs in both manufacturing and logistics environments.

thinkstep

Venture Round in 2016
Thinkstep enables organizations worldwide to succeed sustainably. Their industry-leading software, data and services drive operational excellence, product innovation, brand value and regulatory compliance. With a global presence in 19 countries they serve more than 2,000 companies, including 40 percent of the Fortune 500 such as BASF, Hewlett-Packard, Interface, Siemens, Unilever and Volkswagen.

Power Plus Communications

Venture Round in 2016
Power Plus Communications AG specializes in broadband powerline communications (BPL) systems designed for smart grids, smart metering, and smart homes. Founded in 2001 and based in Mannheim, Germany, the company provides a range of products including G4 broadband powerline systems, various types of BPL modems, and network management software. Its technology enables utilities to utilize the existing electricity grid for real-time data transfer from electronic meters, facilitating smart metering and grid automation. The company also offers integration of meters with BPL systems and advisory services for communications infrastructure. Power Plus Communications serves utilities and distributed network operators across Europe, the Middle East, and beyond, employing around 60 personnel. The company's strategic location in Mannheim supports its innovative approach and access to key European markets.

STAT-Dx

Series C in 2016
STAT-Dx Life S.L. is a Barcelona-based company that specializes in the development, manufacturing, and marketing of molecular diagnostic systems. Established in 2010, the company focuses on creating near-patient testing products aimed at providing timely and efficient patient care, particularly in critical care environments. Its flagship product, the DiagCORE, is a portable multi-analyte instrument designed for molecular and immunoassay testing across various clinical settings. STAT-Dx offers several diagnostic panels, including the DiagCORE Cartridge for syndrome testing, the DiagCORE Analyzer for modular analysis, and specific panels for respiratory, gastrointestinal, central nervous system, pneumonia, and blood culture identification. In 2018, STAT-Dx became a subsidiary of QIAGEN N.V., further enhancing its capabilities in the diagnostics field.

CyberFlow Analytics

Venture Round in 2016
CyberFlow Analytics is a cybersecurity firm based in San Diego, California, with additional offices in Silicon Valley. The company specializes in developing FlowScape software, which provides continuous threat assessment and monitoring for enterprise security and the Industrial Internet of Things. Utilizing unsupervised machine learning and behavioral analytics, CyberFlow focuses on detecting Advanced Persistent Threats (APTs) and cyber breaches. The company has introduced the concept of "anomalytics," emphasizing real-time network anomaly detection through advanced analytics. CyberFlow Analytics is led by a seasoned management team, including Dr. Hossein Eslambolchi, Tom Caldwell, and Louie Gasparini.

Adarza BioSystems

Series B in 2016
Adarza BioSystems is an early-stage medical diagnostics company developing a rapid and label-free biological assay platform for measuring clinical and point-of-care (POC) samples. In addition to performing sophisticated clinical tests within minutes, this technology potentially allowing hundreds of tests to be run simultaneously on a single chip. It was founded in 2008 and headquartered in St Louis, Missouri.

PHM Technology

Venture Round in 2016
PHM Technology is an advanced engineering company focused on developing model-based engineering tools for the design, safety, reliability, and health management of complex systems. The company aims to establish itself as the global standard for engineering decision support solutions, particularly in safety-critical and mission-critical industries. By collaborating closely with industry stakeholders, government operators—primarily in the defense sector—and academic institutions, PHM Technology enhances its capabilities to meet specific user requirements. Their tools facilitate the creation of functional models of systems and offer model-based reliability, availability, maintainability, and safety (RAMS) solutions, which are essential for the design, certification, and sustainment of complex systems.

Sunverge

Series C in 2016
Sunverge Energy Inc. is a company that develops and operates a cloud-based platform for the aggregation and management of distributed energy resources. It provides integrated solar solutions, including the Sunverge Solar Integration System (SIS) Release 1.2, which facilitates the distribution of renewable energy generation and storage, and the Sunverge SISport load management software, designed to help manage peak residential load. The company caters to a diverse clientele, including homeowners, small to medium-sized businesses, utilities, and electricity regulators. Founded in 2010, Sunverge is headquartered in San Francisco, California, with an additional office in Fortitude Valley, Australia. The company has formed strategic alliances with LG Electronics and Eaton to enhance its offerings.

Wirescan

Venture Round in 2016
Wirescan AS specializes in the diagnosis and condition assessment of electrical cables, providing innovative tools for real-time monitoring and analysis. The company's primary product, LIRA Portable, allows users to evaluate the degradation of cable insulation and conductors due to environmental factors and mechanical stress. Wirescan's solutions enable clients to ensure the quality of installed cables, facilitate maintenance planning, accurately locate faults, and assess the remaining lifespan of cables. The company serves various industries, including offshore wind, nuclear power, oil and gas, and power transmission and distribution. Founded in 2005, Wirescan is headquartered in Trollåsen, Norway, and aims to help clients reduce costs and prevent unscheduled shutdowns through its advanced cable analytics platform.

Power Plus Communications

Venture Round in 2016
Power Plus Communications AG specializes in broadband powerline communications (BPL) systems designed for smart grids, smart metering, and smart homes. Founded in 2001 and based in Mannheim, Germany, the company provides a range of products including G4 broadband powerline systems, various types of BPL modems, and network management software. Its technology enables utilities to utilize the existing electricity grid for real-time data transfer from electronic meters, facilitating smart metering and grid automation. The company also offers integration of meters with BPL systems and advisory services for communications infrastructure. Power Plus Communications serves utilities and distributed network operators across Europe, the Middle East, and beyond, employing around 60 personnel. The company's strategic location in Mannheim supports its innovative approach and access to key European markets.

Digital Guardian

Venture Round in 2015
Digital Guardian, Inc. specializes in advanced data protection solutions designed to safeguard sensitive information from both insider and external threats. The company offers a comprehensive data protection platform that operates across corporate networks, traditional endpoints, and cloud applications, leveraging deep data visibility and real-time analytics. Its services include data loss prevention, application control, device control, encryption, and malware protection, tailored to meet the needs of various sectors such as healthcare, financial services, and government. Digital Guardian also provides professional services, including implementation and training for effective threat protection. With deployment options ranging from on-premise to managed services, the platform ensures organizations can protect their valuable data without hindering operational efficiency. Founded in 2003 and headquartered in Waltham, Massachusetts, Digital Guardian has expanded its presence internationally, with additional offices in locations such as London and Tokyo.
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