New Enterprise Associates

New Enterprise Associates is a venture capital firm founded in 1977 and based in Menlo Park, California, with offices in the United States, India and China. It makes investments across technology and healthcare startups at multiple stages, from seed to growth, including software, cloud, data, internet services, fintech, AI, e-commerce, and enterprise technology, as well as healthcare information technology, life sciences, medical devices, and biopharma. It also considers energy technology and infrastructure opportunities, such as solar, batteries and smart grids. The firm pursues a global approach, with activity in the United States, Asia and other regions, and supports companies through rounds of financing ranging from small to sizable investments as they scale. NEA focuses on building portfolios in software, IT services, consumer technology, and healthcare technology, backing ambitious entrepreneurs across sectors and geographies.

Michael Albert

Associate

Kate Barrett

Partner, Communications

Forest Baskett

General Partner

Ann Bordetsky

Partner

James Buxton MD

Principal

Past deals in Industrial Automation

Chaos Industries

Series C in 2025
Chaos Industries is a technology company focused on defense and critical industries, developing advanced sensing, detection, and communication capabilities. It leverages Coherent Distributed Networks to enhance sensing, detection, and communication across platforms and emphasizes time synchronization to enable highly mobile, scalable, and cost-efficient systems. The company delivers integrated, software-defined solutions for defense, government, and industrial applications in challenging environments.

Swift Navigation

Series D in 2022
Swift Navigation is a technology company that delivers precise GNSS positioning solutions for autonomous and automated systems across automotive, robotics, aerospace, agriculture, and industrial applications. Founded in 2012 and based in San Francisco with an additional location in Melbourne, Australia, the company develops hardware and software that enable centimeter-level real-time positioning through multi-band, multi-constellation RTK receivers and complementary offerings such as a ruggedized module, a positioning engine, and cloud-based corrections. Its product lineup includes Piksi Multi GNSS receivers, Duro rugged receivers, Starling positioning engine, and Skylark cloud corrections, along with related modules, antennas, radios, and cables. The end-to-end GNSS platform supports low-cost, high-accuracy positioning for autonomous vehicles, drones, robots, precision agriculture, surveying, and other industrial uses.

Built Robotics

Series C in 2022
Built Robotics develops automation technology for the construction industry by turning heavy equipment into autonomous robots with AI-guided software that integrates sensors such as GPS, cameras, and Lidar. The systems retrofit onto earthmoving equipment to enable autonomous operation on job sites, supporting projects such as wind farms, oil and gas pipelines, mining, and housing developments, and they are used to automate repetitive tasks in solar projects to accelerate the transition to clean energy.

Rapid Robotics

Series B in 2021
Rapid Robotics is a provider of industrial automation solutions focused on robotic arms and palletizing systems for manufacturing and logistics. The company develops and deploys affordable robotic workcells and software that combine AI and vision-based capabilities to handle a range of palletizing and material-handling tasks. Its offerings enable rapid deployment, often in hours rather than weeks, and aim to lower operating costs while increasing production capacity, efficiency, and quality. Through a Robot-as-a-Service model, Rapid Robotics helps sites scale automation without the burden of ownership or extensive custom programming. Founded in 2019 and headquartered in San Francisco, the company targets manufacturers facing labor shortages and rising fulfillment complexity by delivering flexible, service-driven automation that improves margins and throughput.

Tulip Interfaces

Series C in 2021
Tulip Interfaces is a technology company that creates shop‑floor applications for the manufacturing sector. Its no‑code platform integrates sensor data, digital work instructions, real‑time visualization, and operator inputs to connect existing equipment and streamline operations. The solution is used by firms in consumer electronics, pharmaceuticals, apparel, medical devices, aerospace, defense, automotive, and contract manufacturing to improve productivity, quality, and operational visibility. Founded in 2012, the company is headquartered in Somerville, Massachusetts.

Berkshire Grey

Post in 2021
Berkshire Grey, Inc. is a technology company specializing in the development of artificial intelligence-driven robotic and automated material handling systems. Founded in 2013 and based in Lexington, Massachusetts, the company focuses on automating tasks traditionally performed by humans in commercial settings, enhancing efficiency in fulfillment, supply chain, and logistics operations. Its offerings include a range of robotic solutions, such as autonomous picking and sorting systems, mobile robotic units, and dynamic parcel sortation technologies. Additionally, Berkshire Grey provides electromechanical solutions that incorporate vision systems and advanced scanning technologies. By leveraging AI, computer vision, and machine learning, the company's systems enable clients to achieve higher accuracy and throughput speeds while managing diverse product assortments. The majority of its revenue is generated from North America, positioning Berkshire Grey as a significant player in the automation landscape.

Rapid Robotics

Series A in 2021
Rapid Robotics is a provider of industrial automation solutions focused on robotic arms and palletizing systems for manufacturing and logistics. The company develops and deploys affordable robotic workcells and software that combine AI and vision-based capabilities to handle a range of palletizing and material-handling tasks. Its offerings enable rapid deployment, often in hours rather than weeks, and aim to lower operating costs while increasing production capacity, efficiency, and quality. Through a Robot-as-a-Service model, Rapid Robotics helps sites scale automation without the burden of ownership or extensive custom programming. Founded in 2019 and headquartered in San Francisco, the company targets manufacturers facing labor shortages and rising fulfillment complexity by delivering flexible, service-driven automation that improves margins and throughput.

KONUX

Series C in 2021
KONUX GmbH is a German company based in Munich, founded in 2014, that specializes in developing Industrial Internet of Things (IIoT) solutions for railway and industrial applications. The company integrates smart sensor systems with artificial intelligence-driven analytics to provide real-time monitoring of asset and infrastructure conditions, enabling predictive maintenance and enhancing operational efficiency. KONUX's offerings include switch monitoring, asset monitoring, rolling stock monitoring, anomaly detection, and customized hardware solutions. By leveraging machine learning and IoT technologies, KONUX aims to transform railway operations, making them more sustainable, reliable, and cost-effective. The company has expanded its footprint across Europe and Asia and has gained recognition as one of the most innovative startups globally, underscoring its commitment to modernizing transportation systems.

Everactive

Series C in 2020
Everactive develops ultra-low-power chips for battery-less wireless sensors, enabling end-to-end IoT data services. Its solutions provide low-cost, long-lived, intelligent instrumentation for industrial operations across various applications.

Vimaan

Series A in 2020
Vimaan is a technology company specializing in computer vision and AI solutions for warehouse inventory management. Their systems employ AI-powered cameras, autonomous drones, and machine learning algorithms to capture, digitize, and analyze inventory data across warehouses, enhancing inventory accuracy and reducing manual labor.

Berkshire Grey

Series B in 2020
Berkshire Grey, Inc. is a technology company specializing in the development of artificial intelligence-driven robotic and automated material handling systems. Founded in 2013 and based in Lexington, Massachusetts, the company focuses on automating tasks traditionally performed by humans in commercial settings, enhancing efficiency in fulfillment, supply chain, and logistics operations. Its offerings include a range of robotic solutions, such as autonomous picking and sorting systems, mobile robotic units, and dynamic parcel sortation technologies. Additionally, Berkshire Grey provides electromechanical solutions that incorporate vision systems and advanced scanning technologies. By leveraging AI, computer vision, and machine learning, the company's systems enable clients to achieve higher accuracy and throughput speeds while managing diverse product assortments. The majority of its revenue is generated from North America, positioning Berkshire Grey as a significant player in the automation landscape.

Built Robotics

Series B in 2019
Built Robotics develops automation technology for the construction industry by turning heavy equipment into autonomous robots with AI-guided software that integrates sensors such as GPS, cameras, and Lidar. The systems retrofit onto earthmoving equipment to enable autonomous operation on job sites, supporting projects such as wind farms, oil and gas pipelines, mining, and housing developments, and they are used to automate repetitive tasks in solar projects to accelerate the transition to clean energy.

Tulip Interfaces

Series B in 2019
Tulip Interfaces is a technology company that creates shop‑floor applications for the manufacturing sector. Its no‑code platform integrates sensor data, digital work instructions, real‑time visualization, and operator inputs to connect existing equipment and streamline operations. The solution is used by firms in consumer electronics, pharmaceuticals, apparel, medical devices, aerospace, defense, automotive, and contract manufacturing to improve productivity, quality, and operational visibility. Founded in 2012, the company is headquartered in Somerville, Massachusetts.

KONUX

Series B in 2019
KONUX GmbH is a German company based in Munich, founded in 2014, that specializes in developing Industrial Internet of Things (IIoT) solutions for railway and industrial applications. The company integrates smart sensor systems with artificial intelligence-driven analytics to provide real-time monitoring of asset and infrastructure conditions, enabling predictive maintenance and enhancing operational efficiency. KONUX's offerings include switch monitoring, asset monitoring, rolling stock monitoring, anomaly detection, and customized hardware solutions. By leveraging machine learning and IoT technologies, KONUX aims to transform railway operations, making them more sustainable, reliable, and cost-effective. The company has expanded its footprint across Europe and Asia and has gained recognition as one of the most innovative startups globally, underscoring its commitment to modernizing transportation systems.

Waterbit

Series A in 2018
WaterBit is a developer of precision irrigation solutions that enhance crop quality and optimize water usage for growers. The company's innovative technology enables precise control of local irrigation by considering factors such as plant growth stages and soil conditions with a level of granularity and accuracy unmatched by traditional methods. This sophisticated approach helps cultivators avoid crop failures and improve yields while also implementing labor-saving strategies. By translating advanced technology into practical applications, WaterBit delivers significant value to the agricultural sector, promoting sustainable and efficient farming practices.

KONUX

Series B in 2018
KONUX GmbH is a German company based in Munich, founded in 2014, that specializes in developing Industrial Internet of Things (IIoT) solutions for railway and industrial applications. The company integrates smart sensor systems with artificial intelligence-driven analytics to provide real-time monitoring of asset and infrastructure conditions, enabling predictive maintenance and enhancing operational efficiency. KONUX's offerings include switch monitoring, asset monitoring, rolling stock monitoring, anomaly detection, and customized hardware solutions. By leveraging machine learning and IoT technologies, KONUX aims to transform railway operations, making them more sustainable, reliable, and cost-effective. The company has expanded its footprint across Europe and Asia and has gained recognition as one of the most innovative startups globally, underscoring its commitment to modernizing transportation systems.

Cista

Venture Round in 2018
Cista System is a high-tech enterprise based in San Jose, California, founded in 2013. The company specializes in the independent design, development, packaging, testing, and marketing of integrated circuit chips. Cista focuses on leveraging domestic industrial resources to create electronic information products that are developed entirely within China. Its products cater to a wide array of sectors, including communications, consumer electronics, medical equipment, automotive, industrial automation, precision agriculture, and scientific research, as well as applications in the Internet of Things (IoT). By emphasizing the role of integrated circuit enterprises in these industries, Cista aims to drive and accelerate the growth of both national and local integrated circuit industries.

Built Robotics

Series A in 2017
Built Robotics develops automation technology for the construction industry by turning heavy equipment into autonomous robots with AI-guided software that integrates sensors such as GPS, cameras, and Lidar. The systems retrofit onto earthmoving equipment to enable autonomous operation on job sites, supporting projects such as wind farms, oil and gas pipelines, mining, and housing developments, and they are used to automate repetitive tasks in solar projects to accelerate the transition to clean energy.

Everactive

Venture Round in 2017
Everactive develops ultra-low-power chips for battery-less wireless sensors, enabling end-to-end IoT data services. Its solutions provide low-cost, long-lived, intelligent instrumentation for industrial operations across various applications.

Runtime

Venture Round in 2017
Runtime specializes in cloud-based management solutions for connected devices, catering to consumer, medical, commercial, and industrial Internet of Things (IoT) applications. The company offers a comprehensive suite of services that leverage free, open source software as a foundational element. Central to its offerings is Apache Mynewt, an embedded operating system designed specifically for networking and remote management. This operating system provides developers with essential components typical of modern general-purpose operating systems, tailored for constrained devices that cannot support more resource-intensive platforms like Linux or Android. Through its innovative approach, Runtime facilitates the development and management of IoT applications across various sectors.

Swift Navigation

Series B in 2017
Swift Navigation is a technology company that delivers precise GNSS positioning solutions for autonomous and automated systems across automotive, robotics, aerospace, agriculture, and industrial applications. Founded in 2012 and based in San Francisco with an additional location in Melbourne, Australia, the company develops hardware and software that enable centimeter-level real-time positioning through multi-band, multi-constellation RTK receivers and complementary offerings such as a ruggedized module, a positioning engine, and cloud-based corrections. Its product lineup includes Piksi Multi GNSS receivers, Duro rugged receivers, Starling positioning engine, and Skylark cloud corrections, along with related modules, antennas, radios, and cables. The end-to-end GNSS platform supports low-cost, high-accuracy positioning for autonomous vehicles, drones, robots, precision agriculture, surveying, and other industrial uses.

Tulip Interfaces

Series A in 2017
Tulip Interfaces is a technology company that creates shop‑floor applications for the manufacturing sector. Its no‑code platform integrates sensor data, digital work instructions, real‑time visualization, and operator inputs to connect existing equipment and streamline operations. The solution is used by firms in consumer electronics, pharmaceuticals, apparel, medical devices, aerospace, defense, automotive, and contract manufacturing to improve productivity, quality, and operational visibility. Founded in 2012, the company is headquartered in Somerville, Massachusetts.

Bonsai

Series A in 2017
Bonsai offers an AI platform that empowers enterprises to build and deploy intelligent systems. By completely automating the management of complex machine learning libraries and algorithms, Bonsai enables enterprises to program AI models that improve system control and enhance real-time decision support. Businesses use these models today to increase automation and improve operational efficiency of industrial systems including robotics, manufacturing, supply chain, logistics, energy and utilities. Based in Berkeley, CA, Bonsai is backed by leading investors including NEA, Microsoft Ventures, ABB, Samsung NEXT and Siemens.

KONUX

Series A in 2017
KONUX GmbH is a German company based in Munich, founded in 2014, that specializes in developing Industrial Internet of Things (IIoT) solutions for railway and industrial applications. The company integrates smart sensor systems with artificial intelligence-driven analytics to provide real-time monitoring of asset and infrastructure conditions, enabling predictive maintenance and enhancing operational efficiency. KONUX's offerings include switch monitoring, asset monitoring, rolling stock monitoring, anomaly detection, and customized hardware solutions. By leveraging machine learning and IoT technologies, KONUX aims to transform railway operations, making them more sustainable, reliable, and cost-effective. The company has expanded its footprint across Europe and Asia and has gained recognition as one of the most innovative startups globally, underscoring its commitment to modernizing transportation systems.

Runtime

Seed Round in 2016
Runtime specializes in cloud-based management solutions for connected devices, catering to consumer, medical, commercial, and industrial Internet of Things (IoT) applications. The company offers a comprehensive suite of services that leverage free, open source software as a foundational element. Central to its offerings is Apache Mynewt, an embedded operating system designed specifically for networking and remote management. This operating system provides developers with essential components typical of modern general-purpose operating systems, tailored for constrained devices that cannot support more resource-intensive platforms like Linux or Android. Through its innovative approach, Runtime facilitates the development and management of IoT applications across various sectors.

Bonsai

Series A in 2016
Bonsai offers an AI platform that empowers enterprises to build and deploy intelligent systems. By completely automating the management of complex machine learning libraries and algorithms, Bonsai enables enterprises to program AI models that improve system control and enhance real-time decision support. Businesses use these models today to increase automation and improve operational efficiency of industrial systems including robotics, manufacturing, supply chain, logistics, energy and utilities. Based in Berkeley, CA, Bonsai is backed by leading investors including NEA, Microsoft Ventures, ABB, Samsung NEXT and Siemens.

KONUX

Series A in 2016
KONUX GmbH is a German company based in Munich, founded in 2014, that specializes in developing Industrial Internet of Things (IIoT) solutions for railway and industrial applications. The company integrates smart sensor systems with artificial intelligence-driven analytics to provide real-time monitoring of asset and infrastructure conditions, enabling predictive maintenance and enhancing operational efficiency. KONUX's offerings include switch monitoring, asset monitoring, rolling stock monitoring, anomaly detection, and customized hardware solutions. By leveraging machine learning and IoT technologies, KONUX aims to transform railway operations, making them more sustainable, reliable, and cost-effective. The company has expanded its footprint across Europe and Asia and has gained recognition as one of the most innovative startups globally, underscoring its commitment to modernizing transportation systems.

Everactive

Series B in 2015
Everactive develops ultra-low-power chips for battery-less wireless sensors, enabling end-to-end IoT data services. Its solutions provide low-cost, long-lived, intelligent instrumentation for industrial operations across various applications.

Swift Navigation

Series A in 2015
Swift Navigation is a technology company that delivers precise GNSS positioning solutions for autonomous and automated systems across automotive, robotics, aerospace, agriculture, and industrial applications. Founded in 2012 and based in San Francisco with an additional location in Melbourne, Australia, the company develops hardware and software that enable centimeter-level real-time positioning through multi-band, multi-constellation RTK receivers and complementary offerings such as a ruggedized module, a positioning engine, and cloud-based corrections. Its product lineup includes Piksi Multi GNSS receivers, Duro rugged receivers, Starling positioning engine, and Skylark cloud corrections, along with related modules, antennas, radios, and cables. The end-to-end GNSS platform supports low-cost, high-accuracy positioning for autonomous vehicles, drones, robots, precision agriculture, surveying, and other industrial uses.

Uptake

Series B in 2015
Uptake Technologies, Inc. is a technology company that specializes in developing a predictive analytics platform designed to enhance operational efficiency across various industries, including healthcare, insurance, locomotives, construction, and manufacturing. Founded in 2014 and headquartered in Chicago, Illinois, Uptake's platform analyzes sensor data to predict and prevent equipment failures, identify hidden profit opportunities, and uncover new growth avenues. By transforming data into actionable insights, the platform facilitates equipment monitoring, diagnostic troubleshooting, event and condition prediction, and task management, ultimately improving uptime and streamlining operations for its clients.

SmartDrive Systems

Venture Round in 2015
Founded in 2004, SmartDrive Systems provides driver safety and fuel management solutions for commercial fleets worldwide. Its core offerings include SmartDrive Safety (video-based driver coaching), SmartDrive Fuel (fuel performance analytics), SmartIQ (real-time actionable fleet data), and SmartRecorder (event recording system). The company employs over 400 people globally, with headquarters in San Diego, California.

Everactive

Series A in 2014
Everactive develops ultra-low-power chips for battery-less wireless sensors, enabling end-to-end IoT data services. Its solutions provide low-cost, long-lived, intelligent instrumentation for industrial operations across various applications.

Bonsai

Seed Round in 2014
Bonsai offers an AI platform that empowers enterprises to build and deploy intelligent systems. By completely automating the management of complex machine learning libraries and algorithms, Bonsai enables enterprises to program AI models that improve system control and enhance real-time decision support. Businesses use these models today to increase automation and improve operational efficiency of industrial systems including robotics, manufacturing, supply chain, logistics, energy and utilities. Based in Berkeley, CA, Bonsai is backed by leading investors including NEA, Microsoft Ventures, ABB, Samsung NEXT and Siemens.

Bonsai

Seed Round in 2014
Bonsai offers an AI platform that empowers enterprises to build and deploy intelligent systems. By completely automating the management of complex machine learning libraries and algorithms, Bonsai enables enterprises to program AI models that improve system control and enhance real-time decision support. Businesses use these models today to increase automation and improve operational efficiency of industrial systems including robotics, manufacturing, supply chain, logistics, energy and utilities. Based in Berkeley, CA, Bonsai is backed by leading investors including NEA, Microsoft Ventures, ABB, Samsung NEXT and Siemens.

SiTime

Series F in 2013
SiTime Corporation is a semiconductor company based in Santa Clara, California, specializing in MEMS-based silicon timing solutions that replace traditional quartz products. Established in 2003, SiTime holds an 85% market share in the $5 billion timing market and has shipped over 50 million devices globally. The company offers a diverse range of products, including programmable OCXOs, precision MHz super-TCXOs, various oscillators, and embedded resonators, catering to industries such as automotive, telecommunications, industrial, Internet of Things, mobile, and aerospace and defense. SiTime's innovative solutions enable customers to achieve higher performance, reduced size, and enhanced reliability, while also streamlining supply chains and lowering costs. By utilizing standard semiconductor processes and high-volume plastic packaging, SiTime ensures optimal availability and minimal lead times for its products.

SmartDrive Systems

Venture Round in 2012
Founded in 2004, SmartDrive Systems provides driver safety and fuel management solutions for commercial fleets worldwide. Its core offerings include SmartDrive Safety (video-based driver coaching), SmartDrive Fuel (fuel performance analytics), SmartIQ (real-time actionable fleet data), and SmartRecorder (event recording system). The company employs over 400 people globally, with headquarters in San Diego, California.

NovaTorque

Series B in 2012
NovaTorque, Inc. specializes in the design and manufacture of electric motors tailored for industrial and commercial applications in the United States. Founded in 2005 and headquartered in Fremont, California, the company serves original equipment manufacturers across various sectors, including air handling, pumping, compressing equipment, and off-grid battery-powered mobile equipment. NovaTorque's innovative motors disrupt traditional designs by offering a more cost-effective and efficient alternative, significantly appealing to industries where energy consumption is a critical concern. These motors are not only more affordable upfront but also operate with greater efficiency, while being more compact and eliminating the need for expensive rare earth magnets. This unique approach positions NovaTorque as a significant player in the electric motor market, addressing the growing demand for advanced solutions in data centers, industrial processes, and other applications.

Roka Bioscience

Series D in 2012
Roka Bioscience specializes in the development of rapid and accurate molecular assays and instrument systems aimed at the food safety industry. The company's latest innovation, the Atlas System, introduces advanced molecular rapid pathogen testing, which enhances laboratory efficiency through automation and user-friendly design. By focusing on innovative testing solutions, Roka Bioscience aims to assist food manufacturers in minimizing risks, safeguarding their brands, and addressing the growing demands for testing in the sector.

Roka Bioscience

Series C in 2011
Roka Bioscience specializes in the development of rapid and accurate molecular assays and instrument systems aimed at the food safety industry. The company's latest innovation, the Atlas System, introduces advanced molecular rapid pathogen testing, which enhances laboratory efficiency through automation and user-friendly design. By focusing on innovative testing solutions, Roka Bioscience aims to assist food manufacturers in minimizing risks, safeguarding their brands, and addressing the growing demands for testing in the sector.

Alien Technology

Venture Round in 2010
Alien Technology Corporation is a manufacturer and supplier of radio frequency identification (RFID) products, specializing in ultra-high frequency (UHF) solutions. The company offers a range of products including UHF passive RFID transceiver chips, tags, antennas, inlays, labels, and both fixed and mobile readers. Additionally, Alien Technology provides professional services such as item tagging, technical consulting, project management, and training services tailored for various sectors including retail, logistics, life sciences, and government. Utilizing a patented manufacturing process known as Fluidic Self Assembly, Alien Technology produces electronic product code (EPC) compliant RFID tags that enhance inventory management and reduce operational costs. Founded in 1994 and headquartered in San Jose, California, the company has expanded its presence globally with offices in China, Korea, Europe, Australia, and Asia, as well as a dedicated RFID solutions center in Dayton, Ohio. Alien Technology was previously known as Beckman Display, Inc. before rebranding in 1999.

SmartDrive Systems

Series E in 2009
Founded in 2004, SmartDrive Systems provides driver safety and fuel management solutions for commercial fleets worldwide. Its core offerings include SmartDrive Safety (video-based driver coaching), SmartDrive Fuel (fuel performance analytics), SmartIQ (real-time actionable fleet data), and SmartRecorder (event recording system). The company employs over 400 people globally, with headquarters in San Diego, California.

NovaTorque

Series A in 2009
NovaTorque, Inc. specializes in the design and manufacture of electric motors tailored for industrial and commercial applications in the United States. Founded in 2005 and headquartered in Fremont, California, the company serves original equipment manufacturers across various sectors, including air handling, pumping, compressing equipment, and off-grid battery-powered mobile equipment. NovaTorque's innovative motors disrupt traditional designs by offering a more cost-effective and efficient alternative, significantly appealing to industries where energy consumption is a critical concern. These motors are not only more affordable upfront but also operate with greater efficiency, while being more compact and eliminating the need for expensive rare earth magnets. This unique approach positions NovaTorque as a significant player in the electric motor market, addressing the growing demand for advanced solutions in data centers, industrial processes, and other applications.

SiTime

Series D in 2009
SiTime Corporation is a semiconductor company based in Santa Clara, California, specializing in MEMS-based silicon timing solutions that replace traditional quartz products. Established in 2003, SiTime holds an 85% market share in the $5 billion timing market and has shipped over 50 million devices globally. The company offers a diverse range of products, including programmable OCXOs, precision MHz super-TCXOs, various oscillators, and embedded resonators, catering to industries such as automotive, telecommunications, industrial, Internet of Things, mobile, and aerospace and defense. SiTime's innovative solutions enable customers to achieve higher performance, reduced size, and enhanced reliability, while also streamlining supply chains and lowering costs. By utilizing standard semiconductor processes and high-volume plastic packaging, SiTime ensures optimal availability and minimal lead times for its products.

Alien Technology

Venture Round in 2008
Alien Technology Corporation is a manufacturer and supplier of radio frequency identification (RFID) products, specializing in ultra-high frequency (UHF) solutions. The company offers a range of products including UHF passive RFID transceiver chips, tags, antennas, inlays, labels, and both fixed and mobile readers. Additionally, Alien Technology provides professional services such as item tagging, technical consulting, project management, and training services tailored for various sectors including retail, logistics, life sciences, and government. Utilizing a patented manufacturing process known as Fluidic Self Assembly, Alien Technology produces electronic product code (EPC) compliant RFID tags that enhance inventory management and reduce operational costs. Founded in 1994 and headquartered in San Jose, California, the company has expanded its presence globally with offices in China, Korea, Europe, Australia, and Asia, as well as a dedicated RFID solutions center in Dayton, Ohio. Alien Technology was previously known as Beckman Display, Inc. before rebranding in 1999.

GridPoint

Series E in 2008
GridPoint specializes in comprehensive energy management solutions. It offers hardware for monitoring energy endpoints like HVAC and lighting systems, along with a cloud-based software platform for real-time data collection and analytics. The company serves various industries such as retail, commercial buildings, and government institutions, helping them optimize energy usage and reduce costs.

Attero

Series A in 2008
Attero is a group dedicated the recycling of the electrical and electronic industry. To do justice to the name "Attero" (which means "waste" in Latin) Recycling, they look at e-waste as an important resource that can be made useful instead of shunning it as a social and environmental burden. As a reflection of their belief in what they do, Attero Recycling is the only e Waste recycling company in India which does complete processing of E Waste with zero landfill. Attero promises close technical collaboration with a leading US company for mechanical separation, a first-of-its kind indigenous metallurgical process developed in the separate R&D division, an highly automated facility for integrated e-waste recycling at Roorkee spread over 100,000 sqft.

Hillcrest Labs

Series D in 2008
Hillcrest Laboratories is a prominent global supplier of motion processing solutions, specializing in the use of MEMS sensors to capture and translate human and mechanical movements into actionable motion patterns. This technology is utilized across various sectors, including consumer electronics and industrial applications. Known for its significant contributions to the Smart TV industry, Hillcrest Labs developed HoME, the first pointer-based interactive media system for television, along with the award-winning Loop remote control. The company has expanded its reach to the smartphone and mobile device markets, licensing technology for leading gaming systems and providing solutions for virtual reality applications. Hillcrest Labs has garnered numerous accolades, including multiple CES Innovations Awards and recognition from notable publications such as PC World and Popular Mechanics. Founded in 2001 by Dan Simpkins and based in Rockville, Maryland, Hillcrest Labs continues to innovate in sensor processing and data fusion, offering advanced 9-axis and 6-axis embedded systems and software for applications in robotics, augmented reality, and handheld motion control.

ForHealth Technologies

Venture Round in 2007
ForHealth Technologies is a company dedicated to developing automation technology solutions specifically for the intravenous drug preparation process. Founded in 1998 and headquartered in Daytona Beach, Florida, the company has a focus on enhancing the efficiency and safety of drug preparation in healthcare settings. In March 2009, ForHealth Technologies was acquired by Baxa Corporation, further expanding its reach and capabilities within the medical technology sector.

SmartDrive Systems

Series D in 2007
Founded in 2004, SmartDrive Systems provides driver safety and fuel management solutions for commercial fleets worldwide. Its core offerings include SmartDrive Safety (video-based driver coaching), SmartDrive Fuel (fuel performance analytics), SmartIQ (real-time actionable fleet data), and SmartRecorder (event recording system). The company employs over 400 people globally, with headquarters in San Diego, California.

GridPoint

Series D in 2007
GridPoint specializes in comprehensive energy management solutions. It offers hardware for monitoring energy endpoints like HVAC and lighting systems, along with a cloud-based software platform for real-time data collection and analytics. The company serves various industries such as retail, commercial buildings, and government institutions, helping them optimize energy usage and reduce costs.

Luminary Micro

Series C in 2007
Luminary Micro, Inc. specializes in the design, marketing, and sale of ARM Cortex-M3-based microcontrollers, primarily targeting the energy, security, and connectivity sectors. The company offers a range of mixed-signal microcontrollers suitable for applications in motion control, industrial automation, medical devices, transportation, appliances, and security systems. In addition to microcontrollers, Luminary Micro provides various evaluation, development, and reference design kits to support its products. Their product lineup includes stepper motor modules, AC induction motor modules, brushless DC motor modules, and intelligent display modules, among others. The company also offers libraries and tools, such as the Stellaris Peripheral Driver Library and Stellaris Graphics Library, to facilitate the development and integration of their microcontroller solutions. Founded in 2004 and based in Austin, Texas, Luminary Micro operates as a subsidiary of Texas Instruments, serving a global market through a network of representatives across multiple regions.

SiTime

Series C in 2007
SiTime Corporation is a semiconductor company based in Santa Clara, California, specializing in MEMS-based silicon timing solutions that replace traditional quartz products. Established in 2003, SiTime holds an 85% market share in the $5 billion timing market and has shipped over 50 million devices globally. The company offers a diverse range of products, including programmable OCXOs, precision MHz super-TCXOs, various oscillators, and embedded resonators, catering to industries such as automotive, telecommunications, industrial, Internet of Things, mobile, and aerospace and defense. SiTime's innovative solutions enable customers to achieve higher performance, reduced size, and enhanced reliability, while also streamlining supply chains and lowering costs. By utilizing standard semiconductor processes and high-volume plastic packaging, SiTime ensures optimal availability and minimal lead times for its products.

Luminary Micro

Series B in 2006
Luminary Micro, Inc. specializes in the design, marketing, and sale of ARM Cortex-M3-based microcontrollers, primarily targeting the energy, security, and connectivity sectors. The company offers a range of mixed-signal microcontrollers suitable for applications in motion control, industrial automation, medical devices, transportation, appliances, and security systems. In addition to microcontrollers, Luminary Micro provides various evaluation, development, and reference design kits to support its products. Their product lineup includes stepper motor modules, AC induction motor modules, brushless DC motor modules, and intelligent display modules, among others. The company also offers libraries and tools, such as the Stellaris Peripheral Driver Library and Stellaris Graphics Library, to facilitate the development and integration of their microcontroller solutions. Founded in 2004 and based in Austin, Texas, Luminary Micro operates as a subsidiary of Texas Instruments, serving a global market through a network of representatives across multiple regions.

Cassatt

Series D in 2006
Cassatt Corporation specializes in software solutions and technologies for managing green data centers. The company’s flagship product, the Active Response software line, utilizes Active Power Management technology to optimize the utilization of both physical and virtual server resources. This technology employs policy-driven controls to efficiently manage server operations, including turning servers on and off as needed. Cassatt offers several editions of its Active Response products, designed to enhance energy efficiency, improve application resiliency and availability, manage server workloads in production environments, and ensure optimal control of data center resources across multiple locations. In addition to its software offerings, Cassatt provides various services, including assessments for Active Power Management, deployment consultations, and implementation guidance. Founded in 2003 and headquartered in San Jose, California, Cassatt also operates offices in several other U.S. cities and London. As of 2009, Cassatt operates as a subsidiary of CA, Inc.

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.

Diodes Incorporated

Post in 2004
Diodes is a global manufacturer and supplier specializing in application-specific standard products within the discrete and analog semiconductor markets. The company serves various sectors, including consumer electronics, computing, communications, industrial, and automotive industries. Diodes offers a diverse range of products, including diodes, rectifiers, transistors, MOSFETs, protection devices, functional-specific arrays, and power management solutions such as DC-DC converters and linear voltage regulators. Additionally, the product lineup includes amplifiers, comparators, Hall-effect sensors, and temperature sensors, catering to the specific needs of its customers across multiple applications.

Hillcrest Labs

Series B in 2004
Hillcrest Laboratories is a prominent global supplier of motion processing solutions, specializing in the use of MEMS sensors to capture and translate human and mechanical movements into actionable motion patterns. This technology is utilized across various sectors, including consumer electronics and industrial applications. Known for its significant contributions to the Smart TV industry, Hillcrest Labs developed HoME, the first pointer-based interactive media system for television, along with the award-winning Loop remote control. The company has expanded its reach to the smartphone and mobile device markets, licensing technology for leading gaming systems and providing solutions for virtual reality applications. Hillcrest Labs has garnered numerous accolades, including multiple CES Innovations Awards and recognition from notable publications such as PC World and Popular Mechanics. Founded in 2001 by Dan Simpkins and based in Rockville, Maryland, Hillcrest Labs continues to innovate in sensor processing and data fusion, offering advanced 9-axis and 6-axis embedded systems and software for applications in robotics, augmented reality, and handheld motion control.

Alien Technology

Series E in 2002
Alien Technology Corporation is a manufacturer and supplier of radio frequency identification (RFID) products, specializing in ultra-high frequency (UHF) solutions. The company offers a range of products including UHF passive RFID transceiver chips, tags, antennas, inlays, labels, and both fixed and mobile readers. Additionally, Alien Technology provides professional services such as item tagging, technical consulting, project management, and training services tailored for various sectors including retail, logistics, life sciences, and government. Utilizing a patented manufacturing process known as Fluidic Self Assembly, Alien Technology produces electronic product code (EPC) compliant RFID tags that enhance inventory management and reduce operational costs. Founded in 1994 and headquartered in San Jose, California, the company has expanded its presence globally with offices in China, Korea, Europe, Australia, and Asia, as well as a dedicated RFID solutions center in Dayton, Ohio. Alien Technology was previously known as Beckman Display, Inc. before rebranding in 1999.
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