First Rays Venture Partners

First Rays Venture Partners, founded in 2020 and based in San Jose, California, is a venture capital firm that focuses on early-stage investments in B2B enterprise software. The firm primarily invests in Seed, Pre-Series A, and Series A startups that offer innovative solutions in areas such as artificial intelligence, cloud-edge-data orchestration, and automation. First Rays Venture Partners is committed to supporting visionary founders and helping startups secure early customers within AI, enterprise sectors, and developer communities. The firm's investment strategy emphasizes the potential for disruptive ideas that can transform the enterprise technology landscape.

Alok Nandan

Co-Founder and Managing Partner

Amit Sridharan

Co-Founder and Managing Partner

29 past transactions

Allstacks

Series A in 2024
Allstacks is a software engineering intelligence platform that serves enterprise software organizations by enhancing forecasting and risk management. The platform simplifies access and identity management processes, offering automatic data import capabilities and detailed analytics. It identifies roadblocks within software delivery and provides weekly reports with benchmarking tools to help software leaders recognize inefficiencies. By analyzing where developers allocate their time and which initiatives receive the most investment, Allstacks enables organizations to make informed decisions and improve their software delivery processes. Its mission focuses on building organizational trust through predictive forecasting and comprehensive risk analysis.

unSkript

Pre Seed Round in 2024
An Open, Interactive and Intelligent Cloud Ops Automation Platform

MockLab

Seed Round in 2023
MockLab specializes in providing solutions for developers to mock APIs, enhancing productivity in software development. As the demand for microservices and API-first architectures grows, developers face challenges due to their reliance on third-party and internal APIs. MockLab addresses these challenges by offering WireMock, an open-source tool, and WireMock Cloud, a hosted service that enables fast API mocking or service virtualization. The platform features a user-friendly interface that supports both manual and automated testing, allowing developers to easily create, record, and share stubbed HTTP responses. Additionally, MockLab offers support for Swagger and response templating, facilitating efficient testing while building applications.

Lumeus.ai

Seed Round in 2023
Lumeus is an Agentless Zero Trust Networking technology that enables IT and security teams to integrate connectivity and control from campus to the cloud.

Essenvia

Seed Round in 2023
Essenvia is an online software to streamline pre and post-market workflow for medical device companies by streamlining plans or activities to market, improving cross-functional collaboration, and automating steps to manage initial and subsequent device modifications.

FunnelStory

Pre Seed Round in 2023
FunnelStory is a Revenue intelligence platform that uses AI to empower Sales and Customer Success teams to predict churn and retention by analyzing usage, conversations, and business intelligence data. The platform also enables teams to discover and design data-driven customer journeys and leverage Felix, the AI Revenue Analyst, for 24/7 insights on demand. FunnelStory boasts rapid deployment, with the fastest time-to-value, and features an AI DataEngineer for autonomous setup and analysis.

Backslash Security

Seed Round in 2023
Ever felt the Appsec burnout? Exhausted from sifting through endless tool-detected vulnerabilities? We get it. Backslash is a unique fusion of SAST and SCA technology, prioritizing real vulnerabilities, based on finding the actual attack paths to reachable code. Rather than drowning in 1000 issues, our tech slashes it down to the vital 80. We focus Appsec teams like never before, freeing them for real security tasks rather than herding vulnerabilities like program managers. Stop Herding Vulnerabilities! Read more https://www.backslash.security/ and follow us on LinkedIn and X for the latest updates and insights.

Procyon.ai

Seed Round in 2023
Procyon’s Privilege Access Management solution, built from the ground up for multi-cloud and API-based infrastructure, makes it easy for enterprises to manage privileges and access to critical resources. The Procyon solution leverages next-generation networking, passwordless, and self-service capabilities to provide a seamless and secure solution.

Cloudbrink

Venture Round in 2022
Cloudbrink specializes in providing a secure, high-performance cloud networking service aimed at enhancing remote work productivity. The company delivers up to 30 times faster network performance through the use of artificial intelligence and machine learning, enabling edge-native Zero-Trust Access for cloud, SaaS, and data center applications. Its software-only solution incorporates high-performance Zero Trust Network Access (ZTNA), personal Software-Defined Wide Area Network (SD-WAN), and advanced security features, facilitating an in-office experience while simplifying operational complexity. Additionally, Cloudbrink's platform supports cloud and edge native deployment, auto-discovery, and policy-based management, allowing clients to optimize application performance for end-users and devices.

Arnica

Seed Round in 2022
Arnica is a company that specializes in behavior-based supply chain security for DevOps environments. Its platform is designed to monitor and secure existing DevOps infrastructure by identifying deviations from expected operational behavior. By defining actionable security threats and implementing appropriate responses, Arnica helps businesses minimize operational risk and optimize costs. The company focuses on enhancing the security posture of organizations by providing tools that enable them to proactively manage potential vulnerabilities within their supply chains.

Procyon.ai

Pre Seed Round in 2022
Procyon’s Privilege Access Management solution, built from the ground up for multi-cloud and API-based infrastructure, makes it easy for enterprises to manage privileges and access to critical resources. The Procyon solution leverages next-generation networking, passwordless, and self-service capabilities to provide a seamless and secure solution.

Docyt

Series A in 2022
Docyt is a real-time accounting automation platform. It uses AI and machine learning to automate financial workflows, continuously reconcile the general ledger, and generate real-time financial reports.

Arcion

Series A in 2022
Arcion is a cloud-native data mobility platform that specializes in creating high-performance, real-time data pipelines. The platform enables autonomous migration and cloud-neutral database replication, facilitating seamless database updates to streaming data pipelines. Arcion provides businesses with a consistent, real-time view of customer data and assets across various applications and business units. This capability helps organizations reduce migration and licensing costs while enhancing the productivity of their engineering teams. By eliminating the need for code, Arcion simplifies the data migration process, making it accessible to a broader range of users.

Lumeus.ai

Pre Seed Round in 2022
Lumeus is an Agentless Zero Trust Networking technology that enables IT and security teams to integrate connectivity and control from campus to the cloud.

Reposify

Seed Round in 2021
Reposify Ltd. is a cybersecurity company that specializes in external surface management, focusing on the identification, management, and protection of an organization's digital assets. Founded in 2016 and based in San Francisco, Reposify develops a platform that employs artificial intelligence to scan and map the internet, helping enterprises uncover their digital footprint, including assets they may not be aware of. The platform generates real-time alerts regarding security threats such as data leaks, misconfigurations, and phishing attacks, thereby enabling organizations to mitigate risks and enhance their cybersecurity posture. With features like automated supply chain inspections and cyber insight reports, Reposify aims to create a safer and more secure environment for its clients.

Skylyte

Pre Seed Round in 2021
Skylyte, founded in 2019 by Leah Weiss and Ines Gramegna, is headquartered in Portland, Oregon. The company specializes in burnout awareness and offers training programs aimed at leaders and their employees. Its coaching platform provides resilience training and individualized learning for managers, focusing on enhancing talent sustainability within large organizations. By addressing burnout and improving employee engagement, Skylyte enables companies to empower their managers and maintain a competitive edge in talent retention.

Peritus.AI

Seed Round in 2021
Peritus.ai Inc. is a Palo Alto-based company founded in 2017 that specializes in creating artificial intelligence-driven solutions for data center systems and developer-focused businesses. The company develops a virtual expert system that predicts support needs and incident characteristics by analyzing patterns in product designs, past incidents, configurations, and log data. In addition, Peritus.ai leverages machine learning to provide a recommendation engine that enhances developer experience, offering GPT-powered analysis and automation for cybersecurity, as well as AI-generated actionable insights for Developer Relations and community engagement. Their platform aims to facilitate knowledge sharing and collaborative problem-solving, enabling clients to scale growth and improve operational efficiency.

Arnica

Seed Round in 2021
Arnica is a company that specializes in behavior-based supply chain security for DevOps environments. Its platform is designed to monitor and secure existing DevOps infrastructure by identifying deviations from expected operational behavior. By defining actionable security threats and implementing appropriate responses, Arnica helps businesses minimize operational risk and optimize costs. The company focuses on enhancing the security posture of organizations by providing tools that enable them to proactively manage potential vulnerabilities within their supply chains.

Dendron

Seed Round in 2021
Dendron is a developer of knowledge management software that aids organizations in effectively organizing and managing their information. The platform enables users to take and structure notes simultaneously, fostering connections between different pieces of information. By simplifying the process of data management, Dendron helps reduce data logging costs significantly, without requiring manual input from developers. This approach allows users to compound the value of their notes over time, ensuring that important information is easily accessible and well-organized.

Blotout

Seed Round in 2021
Blotout is a developer of a customer data platform designed to help organizations navigate the challenges of the post-cookie era. Its platform focuses on reducing data loss and compliance risks while enhancing customer relationships. Blotout offers a range of features, including analytics, data management, advertisement segmentation, identity management, and a machine learning stack. By addressing the decline of third-party cookies and identifiers, Blotout enables enterprises to eliminate reliance on third-party scripts and software development kits, thereby reducing vulnerabilities and improving overall site performance. Trusted by enterprises, Blotout's solutions aim to create a more secure and effective digital environment for managing customer data.

Essenvia

Pre Seed Round in 2021
Essenvia is an online software to streamline pre and post-market workflow for medical device companies by streamlining plans or activities to market, improving cross-functional collaboration, and automating steps to manage initial and subsequent device modifications.

Docyt

Seed Round in 2021
Docyt is a real-time accounting automation platform. It uses AI and machine learning to automate financial workflows, continuously reconcile the general ledger, and generate real-time financial reports.

Opscruise

Seed Round in 2021
OpsCruise is a developer of a cloud management application that focuses on performance assurance within cloud operations. The company's innovative platform integrates various signals, including logs, metrics, and flows, as well as tools for Kubernetes and anomaly detection, to enable real-time root cause analysis and dynamic application behavior modeling. This model-driven closed-loop platform addresses the operational challenges associated with cloud-native applications, providing a fundamentally different approach to monitoring and observability. By leveraging popular open-source and cloud monitoring tools, OpsCruise positions itself as a leader in container, Kubernetes, and serverless monitoring, aiming to automate the performance assurance processes within digital businesses.

Kleeen Software

Seed Round in 2021
Kleeen Software Inc. is a technology company that focuses on transforming product design and development for enterprise clients. Founded in 2018 and headquartered in San Jose, California, with an additional office in Costa Rica, Kleeen offers a software-as-a-service (SaaS) application. This application leverages data science to convert user objectives into enterprise-grade user interface (UI) designs and implementations. Kleeen aims to streamline product innovation by allowing users to create visually appealing and scalable UIs without the complications of traditional hand-offs between product, design, and engineering teams. The company is recognized for its ambition to enhance both the speed and quality of the UI development process, positioning itself as a leader in simplifying enterprise product UI creation.

Arcion

Pre Seed Round in 2021
Arcion is a cloud-native data mobility platform that specializes in creating high-performance, real-time data pipelines. The platform enables autonomous migration and cloud-neutral database replication, facilitating seamless database updates to streaming data pipelines. Arcion provides businesses with a consistent, real-time view of customer data and assets across various applications and business units. This capability helps organizations reduce migration and licensing costs while enhancing the productivity of their engineering teams. By eliminating the need for code, Arcion simplifies the data migration process, making it accessible to a broader range of users.

Kleeen Software

Pre Seed Round in 2019
Kleeen Software Inc. is a technology company that focuses on transforming product design and development for enterprise clients. Founded in 2018 and headquartered in San Jose, California, with an additional office in Costa Rica, Kleeen offers a software-as-a-service (SaaS) application. This application leverages data science to convert user objectives into enterprise-grade user interface (UI) designs and implementations. Kleeen aims to streamline product innovation by allowing users to create visually appealing and scalable UIs without the complications of traditional hand-offs between product, design, and engineering teams. The company is recognized for its ambition to enhance both the speed and quality of the UI development process, positioning itself as a leader in simplifying enterprise product UI creation.

Docyt

Pre Seed Round in 2019
Docyt is a real-time accounting automation platform. It uses AI and machine learning to automate financial workflows, continuously reconcile the general ledger, and generate real-time financial reports.

Wootcloud

Seed Round in 2019
WootCloud is the only smart device security platform that uncovers unmanaged devices on both the radio and network spectrum, and analyzes over 300 device parameters to generate device risk scores. This helps organizations discover gaps in their device risk posture and the opportunity to close these gaps.

Enya.ai

Seed Round in 2018
Founded by a Stanford team, Enya.ai offers the only secure computation platform optimized for edge devices such as mobile phones, drones, cars, and IoT sensors. With the rise of data privacy concerns and the increasing cost of complying with privacy regulations, companies are looking for solutions that help them reduce their data liability.
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