ITU Ventures is an investment firm focused on supporting technology businesses that emerge from prominent universities, research institutions, and corporations. The firm primarily targets startup companies located in California, New Mexico, and the Midwest region of the United States. ITU Ventures specializes in investing within the software, semiconductor, and commercial product sectors, aiming to nurture innovative ventures that have the potential for significant growth and impact. Through its strategic investments, ITU Ventures seeks to foster the development of cutting-edge technology and drive advancements in various industries.
Luxtera, Inc. is a company based in Carlsbad, California, that specializes in silicon photonics technology, primarily for data centers and mobile infrastructure. Founded in 2001, Luxtera creates optical modules, including faceplate pluggable optical transceivers and embedded optical transceivers, which enable direct fiber-to-chip connectivity. The company is noted for overcoming significant technical challenges in integrating high-performance optics with silicon electronics on a mainstream CMOS chip. Its patented technology combines the long reach of single-mode fiber with the affordability of integrated optoelectronics, resulting in advanced transceiver devices that enhance high-speed optical communications. As a fabless semiconductor company, Luxtera's innovations provide low-cost, high-volume optical solutions characterized by superior performance and reliability. In December 2018, Luxtera was acquired by Cisco Systems, further extending its reach in the communications and semiconductor industries.
XAware
Series C in 2008
XAware is an open-source data integration vendor that specializes in creating composite data services. The company offers a suite of tools, including XAware Designer, an Eclipse plug-in that facilitates the design, testing, and deployment of standards-compliant web services and data integration applications. Its XAware Engine enables the management of concurrent web services, while various connectors and adapters help users access and integrate data across applications and business processes. XAware’s solutions are designed to transform data into reusable services for real-time integration, supporting service-oriented architecture and rich Internet applications. The platform adheres to key technical and industry standards, allowing for seamless integration in diverse environments.
Holochip
Series A in 2007
Holochip Corporation specializes in the development and manufacturing of adaptive polymer lenses designed to manipulate light for various applications. Founded in 2002 and headquartered in Albuquerque, New Mexico, with an additional office in Hawthorne, California, the company provides OEM zoom lens modules for camera manufacturers, adaptive singlet lenses for optical research, and tailored optical solutions for the military, medical, and automotive sectors. Holochip's lenses are particularly notable for their use in virtual reality and augmented reality headsets, offering dynamic accommodation that allows users precise control over lens interface and behavior. The company operates within the defense contracting and embedded electronics manufacturing sectors.
Comet Solutions
Series A in 2007
Comet Solutions, Inc. specializes in developing engineering simulation applications aimed at enhancing the automation of modeling and simulation tasks in product development. Founded in 2001 and headquartered in Cincinnati, Ohio, the company offers a range of software solutions, including SimApps and Gearbox SimApps, which allow manufacturers to conduct "what if?" analyses, assess design modifications, and optimize performance across various domains such as acoustics, dynamics, durability, and cost management. These applications facilitate collaboration among design and engineering teams by enabling non-experts to perform simulations and adhere to best practices. Additionally, Comet Solutions provides a process automation platform for computer-aided engineering (CAE), simulation templates, and consulting services. Its products cater to diverse industries, including space systems, consumer products, electronics, and automotive applications. Comet Solutions also maintains offices in Albuquerque, New Mexico; Troy, Michigan; Shanghai, China; and India.
Chip Estimate
Venture Round in 2006
Chip Estimate Corporation is an electronic design automation company that specializes in integrated chip (IC) project planning solutions. It operates the ChipEstimate.com portal, which serves the electronics and semiconductor design communities by providing comprehensive chip planning capabilities. The company develops the InCyte chip estimation systems, which integrate intellectual property (IP) and manufacturing process models for precise chip estimation. The InCyte product line includes InCyte Lite, designed for early architectural feasibility analysis, and the InCyte Enterprise system, which facilitates the generation of detailed chip specifications and accurate quotations. Chip Estimate also offers enterprise-level IP reuse management solutions, enhancing efficiency in chip design. Established in 2003 and headquartered in Cupertino, California, the company was previously known as Giga Scale Integration Corporation and became a subsidiary of Cadence Design Systems in 2008.
XAware
Series B in 2006
XAware is an open-source data integration vendor that specializes in creating composite data services. The company offers a suite of tools, including XAware Designer, an Eclipse plug-in that facilitates the design, testing, and deployment of standards-compliant web services and data integration applications. Its XAware Engine enables the management of concurrent web services, while various connectors and adapters help users access and integrate data across applications and business processes. XAware’s solutions are designed to transform data into reusable services for real-time integration, supporting service-oriented architecture and rich Internet applications. The platform adheres to key technical and industry standards, allowing for seamless integration in diverse environments.
g8wave
Series A in 2006
8Wave, a Boston-based provider of a technology platform for marketing through mobile phone networks.
Comet Solutions
Series A in 2006
Comet Solutions, Inc. specializes in developing engineering simulation applications aimed at enhancing the automation of modeling and simulation tasks in product development. Founded in 2001 and headquartered in Cincinnati, Ohio, the company offers a range of software solutions, including SimApps and Gearbox SimApps, which allow manufacturers to conduct "what if?" analyses, assess design modifications, and optimize performance across various domains such as acoustics, dynamics, durability, and cost management. These applications facilitate collaboration among design and engineering teams by enabling non-experts to perform simulations and adhere to best practices. Additionally, Comet Solutions provides a process automation platform for computer-aided engineering (CAE), simulation templates, and consulting services. Its products cater to diverse industries, including space systems, consumer products, electronics, and automotive applications. Comet Solutions also maintains offices in Albuquerque, New Mexico; Troy, Michigan; Shanghai, China; and India.
Authenticlick
Series A in 2006
Authenticlick is a web analytics company specializing in web traffic quality intelligence solutions for online advertising optimization. Authenticlick aims to drive greater transparency in the search and display advertising market through a standardized quality scoring system and powerful web traffic quality reporting and analysis tools. Authenticlick's analysis platform and scoring methodologies enable advertisers to obtain a unique view of the quality of their web traffic and take actions to dramatically improve conversion and return on ad spend.
Pivotal Systems
Series B in 2006
Pivotal Systems Corporation specializes in designing, developing, and manufacturing gas flow controllers for the semiconductor industry, primarily in Asia and North America. Founded in 2003 and based in Fremont, California, the company offers a technology platform that includes innovative hardware and software solutions. Their products, such as gas flow controllers and monitors, utilize advanced machine learning to enhance monitoring and control of critical parameters in wafer processing, thereby improving productivity and efficiency in semiconductor fabrication. Pivotal Systems serves a diverse clientele, including integrated device manufacturers, foundries, and original equipment manufacturers, with a significant portion of its revenue generated from the Asian market.
Penthera
Series A in 2006
Penthera is an international software company that specializes in enhancing video streaming experiences. The company develops a download-to-go software that allows users to access television shows, movies, and other video content seamlessly, even in the absence of a reliable internet connection. By addressing common streaming challenges, such as buffering and low quality, Penthera's technology aims to minimize stream abandonment and customer churn, ultimately improving the mobile video experience for network operators and their audiences.
Agility Design Solutions
Series B in 2005
Agility Design Solutions, Inc. develops software tools that shorten the time to design, verify, and implement signal processing algorithms. The company offers solutions for algorithm acceleration, prototyping, and implementation in software and hardware. Its products include RMS, which improves the execution speed of MATLAB programs; MCS, which automatically synthesizes MATLAB code to C code; MCS Function Library, which includes functions that are synthesized using MCS to generate ANSI-C source; DK Design Suite, a design environment for C-based algorithmic design entry, simulation, and synthesis; RC Series Platforms, a family of FPGA-based rapid prototyping/development boards; and PixelStreams Imaging Library, which includes IP cores for digital image and video processing. The company also offers training, support, and algorithm implementation consulting services. It serves customers in various fields, including video analysis, image recognition, and wireless and wired communications. The company markets and sells its products through direct sales channels and local distributors in North America, Asia, and Europe. Agility Design Solutions, Inc. was formerly known as Catalytic, Inc. and changed its name to Agility Design Solutions, Inc. in January, 2008. Agility Design Solutions, Inc. was founded in 2001 and is headquartered in Palo Alto, California with additional offices in Austin, Texas; Abingdon, England; and Yokohama, Japan.
Coled Display Technology
Series A in 2005
COLED, a super energy conservation technology for display application. They currently have patents filed in USA, China, Japan, Korea and internationally. This is a game-changing technology that will correct the existing problems of OLED and other display technology. COLED technology provides the sunlight readable screens to users, who will no longer need to charge their cell phones on a daily basis. In addition, they provide simple structures that will enable display manufacturers to save 30 - 35% in manufacturing costs. This will ultimately pass the cost-saving benefits to consumers. COLED Display Technology Inc, formed a collaboration with SRI to co-develop this great technology and they anticipate to complete the single color prototypes in 12 months and the full color prototypes in 18 months. They are seeking financial and strategic partners to commercialize this game-changing technology with a global market growing to $160+ billion in 2017.
Dynamic Organic Light
Series A in 2005
Dynamic Organic Light, Inc. develops novel organic materials for use in next generation flat panel displays, solar cells, and solid state lighting. Dynamic Organic Light, Inc. was formerly known as COLED Technologies Incorporated till 2006. The company was founded in 2003 and is based in Longmont, Colorado.
XAware
Series B in 2004
XAware is an open-source data integration vendor that specializes in creating composite data services. The company offers a suite of tools, including XAware Designer, an Eclipse plug-in that facilitates the design, testing, and deployment of standards-compliant web services and data integration applications. Its XAware Engine enables the management of concurrent web services, while various connectors and adapters help users access and integrate data across applications and business processes. XAware’s solutions are designed to transform data into reusable services for real-time integration, supporting service-oriented architecture and rich Internet applications. The platform adheres to key technical and industry standards, allowing for seamless integration in diverse environments.
Catalytic
Series A in 2004
A Palo Alto, Calif.-based provider of software designed to increase DSP application productivity
PowerSicel
Series A in 2003
PowerSicel, Inc. is a Boulder, Colorado based company that was spun off from the University of Colorado and Astralux, Inc. in 2001 with a mission to commercialize enabling SiC power electronics with significant performance and cost enhancements over both conventional and future technologies. PowerSicel was seed funded by ITU Ventures and subsequently raised additional capital from both ITU Ventures and Digital Power Capital.
Hier Design
Series B in 2003
Hier Design Inc. develops, markets, and supports hierarchical floor planning and analysis software for design of ultra deep sub-micron, multi-million gates, and Field Programmable Gate Arrays (FPGA).
XAware
Series A in 2002
XAware is an open-source data integration vendor that specializes in creating composite data services. The company offers a suite of tools, including XAware Designer, an Eclipse plug-in that facilitates the design, testing, and deployment of standards-compliant web services and data integration applications. Its XAware Engine enables the management of concurrent web services, while various connectors and adapters help users access and integrate data across applications and business processes. XAware’s solutions are designed to transform data into reusable services for real-time integration, supporting service-oriented architecture and rich Internet applications. The platform adheres to key technical and industry standards, allowing for seamless integration in diverse environments.
Luxtera
Series A in 2002
Luxtera, Inc. is a company based in Carlsbad, California, that specializes in silicon photonics technology, primarily for data centers and mobile infrastructure. Founded in 2001, Luxtera creates optical modules, including faceplate pluggable optical transceivers and embedded optical transceivers, which enable direct fiber-to-chip connectivity. The company is noted for overcoming significant technical challenges in integrating high-performance optics with silicon electronics on a mainstream CMOS chip. Its patented technology combines the long reach of single-mode fiber with the affordability of integrated optoelectronics, resulting in advanced transceiver devices that enhance high-speed optical communications. As a fabless semiconductor company, Luxtera's innovations provide low-cost, high-volume optical solutions characterized by superior performance and reliability. In December 2018, Luxtera was acquired by Cisco Systems, further extending its reach in the communications and semiconductor industries.
Mobile Skyflow
Seed Round in 2000
Skyflow, Inc. is a technology company based in Los Altos, California, that specializes in providing a privacy data vault platform for businesses to securely store and manage sensitive user information, such as social security numbers and other personally identifiable information (PII). Established in 2017 and formerly known as Prekari Labs, the company offers a modern, cloud-native solution that employs polymorphic encryption and tokenization to protect data across various applications. Skyflow's platform allows organizations to efficiently manage, access, and govern sensitive data through a set of application programming interface (API) calls, ensuring compliance with stringent privacy standards. The company has steadily expanded its customer base and continues to innovate in the realm of data privacy and security.
Isovia
Seed Round in 2000
Isovia specializes in developing wireless applications that facilitate supply chain and customer relationship management within a mobile framework. The company has assembled a team of experts in enterprise applications, wireless technologies, and speech recognition to create a comprehensive suite of mobile business applications. These applications utilize wireless connectivity and intelligent synchronization technologies to enhance mobility across various devices, including smartphones, PDAs, two-way pagers, and voice interfaces. Isovia's focus on m-business applications positions it to meet the demands of an increasingly mobile-centric market.
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