Samsung NEXT

Samsung NEXT is Samsung Electronics' innovation group focused on identifying and pursuing growth opportunities for the next decade. It collaborates with startups and internal teams to explore emerging technologies across artificial intelligence, fintech, blockchain, health technology, infrastructure, and media technology, and serves as the company’s venture arm through Samsung NEXT Ventures, backing early-stage software, robotics, and related technology companies from its Mountain View, California base.

Royi Benyossef

Investor

Sam Campbell

Investor

Carlos Castellanos

Venture Capitalist

Leo Chang

Principal

Andy Duong

Principal

Past deals in Networking

Monogoto

Series A in 2024
Monogoto provides a cloud-based cellular network and API-driven Infrastructure-as-a-Service that enables enterprises to integrate cellular connectivity with their existing IT infrastructure. The platform supports IoT, private LTE, and 5G use cases with edge-to-cloud security, comprehensive network event auditing, anomaly detection, and automated alerts. It offers an enterprise-friendly, zero CAPEX, as-a-Service model and global reach, with public connectivity in many countries and options for roaming across private and public networks. The solution supports on-premise local breakout for private networks and private wireless broadband, helping organizations achieve secure, scalable cellular connectivity with centralized management and roaming capabilities worldwide.

MetaBlox

Venture Round in 2024
MetaBlox is a network that facilitates Web3 and metaverse development through Decentralized ID (DID) technology.

Synadia Communications

Series B in 2024
Synadia Communications develops and maintains NATS.io, an open-source messaging system designed for cloud-native applications, microservices architectures, IoT, and other distributed systems. Founded in 2017, the company offers commercial support, consulting services, and training around its technology.

LayerZero

Series B in 2023
LayerZero develops a blockchain interoperability platform that enables data exchange between disparate blockchains. Its platform achieves speed and security by validating as an on-chain light node, allowing companies to build cross-chain applications using a low-level communication primitive.

Expeto

Series B in 2022
Expeto delivers a private mobile networking platform designed for enterprises to securely extend public and private mobile networks into a single corporate wide area network. The solution is containerized software that can be installed behind the firewall and delivered as a service from cloud, edge, or on premises, enabling IT to deploy and manage the network with simplicity. It replaces hardware heavy legacy systems by providing a scalable, software driven approach that sits behind the firewall while maintaining control over data and devices. The platform enables secure control and coordination across operations, logistics, analytics, and reporting, supporting global deployment of connected devices within the private network. By design, it reduces reliance on untrusted third parties and methods, allowing organizations to manage connectivity and devices through a unified, secure, and centrally governed environment. Expeto emphasizes ease of deployment and management similar to a Wi-Fi network, but at carrier scale for enterprise needs.

ZEDEDA

Series B in 2022
ZEDEDA, Inc. is a developer of cloud-native edge virtualization software that provides visibility, control, and security for IoT edge gateways, applications, and networks at the enterprise edge. Founded in 2016 and headquartered in Santa Clara, California, with additional offices in Bengaluru and Pune, India, the company offers solutions such as Edge Quick Connect for Azure IoT Edge. This software-as-a-service enables customers to manage and secure their IoT deployments through virtualization and facilitates the use of cloud-managed gateways for remote administration. ZEDEDA's platform supports a variety of applications, including predictive analytics in renewable energy and industrial automation, allowing organizations to monitor and manage real-time edge applications while avoiding vendor lock-in.

FreedomFi

Series A in 2022
FreedomFi is a company that specializes in building cost-efficient private LTE and 5G networks using commodity hardware and open-source software. It offers a radio-agnostic network core that integrates with various small cell technologies, allowing clients to deploy fixed wireless access, enterprise cellular, or mobile broadband solutions. FreedomFi provides a comprehensive software-as-a-service portal for managing network operations, including radio frequency planning and procurement, along with pre-programmed SIM cards and access to CBRS shared spectrum. This enables customers to effectively manage their private cellular networks while leveraging open standards to ensure flexibility and scalability.

Arrcus

Venture Round in 2021
Arrcus, Inc. is a company that specializes in designing and developing closed-source operating systems for networking hardware, such as switches and routers. Founded in 2016 and based in San Jose, California, Arrcus offers a range of products including ArcOS, a hardware-agnostic network operating system; ArcRR, a 64-bit route reflector; and ArcIQ, an analytics platform that provides real-time insights for network management. Additionally, the company provides the Arrcus VDR routing platform, the IP/EVPN Clos solution, and a multi-cloud networking platform. Arrcus focuses on enabling organizations to build scalable infrastructure across physical, virtual, and cloud environments, simplifying network operations and enhancing connectivity among people, machines, and data.

Tetrate

Series B in 2021
Tetrate.io, Inc., founded in 2017 and based in San Francisco, California, specializes in application management for hybrid and multi-cloud environments. The company provides an enterprise-ready service mesh platform that simplifies the management of complex application infrastructures for DevOps, security, and network administrators. Tetrate's platform enables organizations to run and manage microservices effectively, facilitating the modernization of applications and accelerating the adoption of public cloud solutions. By partnering with enterprises on their app modernization journeys, Tetrate supports businesses in navigating the intricacies of modern cloud infrastructures.

Cellwize

Series B in 2020
Cellwize specializes in accelerating next-generation mobile networks through its cloud-based automation platform, Chime. This AI-driven solution enables mobile network operators to swiftly deploy and manage 5G networks, optimize coverage, and enhance user experience across diverse environments.

Homeis

Series A in 2019
Homeis Inc. is an online social network designed to connect local foreign-born communities, enabling members to share their culture, local knowledge, and experiences. Founded in 2016 and based in New York, the platform caters to the unique needs of immigrants by fostering digital connections among individuals who share similar backgrounds and interests. Homeis aims to empower these communities by providing a space where users can access tailored services, connect with nearby individuals, and engage in meaningful interactions. The company also develops mobile applications for both Android and iOS, further enhancing accessibility and user experience. Through its innovative approach, Homeis seeks to transform invisible groups into visible communities, addressing the complexities of identity for those who navigate multiple cultural landscapes.

Theta Network

Venture Round in 2019
Theta Network, developed by Theta Labs, is a decentralized video delivery platform that leverages blockchain technology and cryptocurrency to incentivize users to share their excess bandwidth for relaying video streams. This peer-to-peer network operates on top of existing streaming applications and networks, enabling low-latency live content streaming from platforms like YouTube, Facebook, Twitch, and Twitter. By rewarding users for their contribution, Theta Network reduces content delivery costs and drives incremental revenues for video platforms. The company, based in Cupertino, California, has attracted strategic investments from prominent corporations and venture capital firms.

Tetrate

Series A in 2019
Tetrate.io, Inc., founded in 2017 and based in San Francisco, California, specializes in application management for hybrid and multi-cloud environments. The company provides an enterprise-ready service mesh platform that simplifies the management of complex application infrastructures for DevOps, security, and network administrators. Tetrate's platform enables organizations to run and manage microservices effectively, facilitating the modernization of applications and accelerating the adoption of public cloud solutions. By partnering with enterprises on their app modernization journeys, Tetrate supports businesses in navigating the intricacies of modern cloud infrastructures.

Edgeworx

Seed Round in 2018
Edgeworx, Inc. is a software development company headquartered in Menlo Park, California, founded in 2017. The company specializes in edge computing technology, focusing on facilitating the deployment and management of software across various edge computing devices. Its flagship product, ioFog, is an open-source application platform that provides a standardized framework for developing and remotely deploying secure microservices. By utilizing a proprietary mesh network, ioFog enables seamless integration of different nodes and simplifies the deployment process by abstracting underlying hardware. This approach allows developers to package and deploy applications efficiently using containerization technologies, making it easier to build applications for edge environments similar to cloud environments. Edgeworx serves a diverse range of industries, emphasizing accessibility and reliability in edge computing solutions.

Packet

Series B in 2018
Packet is a cloud hosting provider that specializes in automated bare metal infrastructure, serving enterprises, SaaS companies, and software innovators. The company's platform enables automation of physical servers and networks, offering a seamless experience without relying on virtualization or multi-tenancy. Packet operates over 20 global public cloud locations and facilitates more than 60,000 deployments each month across its extensive network of data centers and private sites. This flexibility allows customers to manage custom hardware both on-premises and at edge locations, making it suitable for a wide range of workloads, from traditional applications to cloud-native solutions. By providing reliable and scalable infrastructure, Packet empowers organizations to leverage technology as a competitive advantage.

Puls

Private Equity Round in 2018
Puls operates a platform that connects customers with a nationwide network of service providers delivering in-home repairs and installations. The company offers a range of home services, including handyman tasks such as furniture assembly, wall mounting and shelf installation, drywall repair, interior painting, appliance installation and repair, fan installation, and disinfection. It also provides TV mounting and setup, Wi-Fi configuration, and the installation of devices and systems, including garage doors and security systems, with same-day service options. Founded in 2015 and based in San Francisco, Puls positions itself as a scalable solution enabling convenient access to local technicians for on-demand home maintenance and device support.

Homeis

Seed Round in 2017
Homeis Inc. is an online social network designed to connect local foreign-born communities, enabling members to share their culture, local knowledge, and experiences. Founded in 2016 and based in New York, the platform caters to the unique needs of immigrants by fostering digital connections among individuals who share similar backgrounds and interests. Homeis aims to empower these communities by providing a space where users can access tailored services, connect with nearby individuals, and engage in meaningful interactions. The company also develops mobile applications for both Android and iOS, further enhancing accessibility and user experience. Through its innovative approach, Homeis seeks to transform invisible groups into visible communities, addressing the complexities of identity for those who navigate multiple cultural landscapes.

Puls

Series B in 2017
Puls operates a platform that connects customers with a nationwide network of service providers delivering in-home repairs and installations. The company offers a range of home services, including handyman tasks such as furniture assembly, wall mounting and shelf installation, drywall repair, interior painting, appliance installation and repair, fan installation, and disinfection. It also provides TV mounting and setup, Wi-Fi configuration, and the installation of devices and systems, including garage doors and security systems, with same-day service options. Founded in 2015 and based in San Francisco, Puls positions itself as a scalable solution enabling convenient access to local technicians for on-demand home maintenance and device support.

LiquidSky

Convertible Note in 2017
LiquidSky Software is an online platform founded in 2014 and headquartered in New York, United States, that focuses on streaming interactive applications and experiences. The company specializes in cloud gaming and thin-client computing, offering a gaming and content delivery network that allows users to access high-performance applications on low-end devices. By enhancing load balancing, storage, networking, scheduling, and streaming capabilities, LiquidSky aims to provide reduced latency and an improved interactive experience for its users.

Figure 1

Series B in 2017
Figure 1 is a Canadian company based in Toronto that specializes in developing a mobile application for sharing medical images. Founded in 2013, the company's platform allows healthcare professionals, including physicians, nurses, and medical students, to share images and case studies of patients for educational and diagnostic purposes. This facilitates global collaboration among millions of healthcare professionals, enhancing patient outcomes through real-time consultation and knowledge exchange.

Bayshore Networks

Series A in 2017
Bayshore Networks, Inc. is a cybersecurity company focused on the industrial Internet of Things (IoT), established in 2012 and based in Durham, North Carolina. The company specializes in developing software solutions designed to safeguard operational technology (OT) environments from internal and external cyber threats. Its flagship product, the Bayshore IT/OT Gateway, provides critical functionalities such as granular inspection and filtering of network flows, policy building and enforcement, and the detection of industrial protocols. Bayshore's software enhances visibility for industrial enterprises, enabling them to manage and protect their applications, networks, and machinery effectively. Additionally, Bayshore Networks collaborates with major technology firms, including Cisco Systems, BAE Systems, and VMware, to deliver solutions that ensure operational continuity, data protection, and improved safety in industrial settings. The company's innovations have positioned it as a leader in the cybersecurity landscape for industrial applications.

Homeis

Seed Round in 2017
Homeis Inc. is an online social network designed to connect local foreign-born communities, enabling members to share their culture, local knowledge, and experiences. Founded in 2016 and based in New York, the platform caters to the unique needs of immigrants by fostering digital connections among individuals who share similar backgrounds and interests. Homeis aims to empower these communities by providing a space where users can access tailored services, connect with nearby individuals, and engage in meaningful interactions. The company also develops mobile applications for both Android and iOS, further enhancing accessibility and user experience. Through its innovative approach, Homeis seeks to transform invisible groups into visible communities, addressing the complexities of identity for those who navigate multiple cultural landscapes.

LiquidSky

Convertible Note in 2016
LiquidSky Software is an online platform founded in 2014 and headquartered in New York, United States, that focuses on streaming interactive applications and experiences. The company specializes in cloud gaming and thin-client computing, offering a gaming and content delivery network that allows users to access high-performance applications on low-end devices. By enhancing load balancing, storage, networking, scheduling, and streaming capabilities, LiquidSky aims to provide reduced latency and an improved interactive experience for its users.

LiquidSky

Seed Round in 2016
LiquidSky Software is an online platform founded in 2014 and headquartered in New York, United States, that focuses on streaming interactive applications and experiences. The company specializes in cloud gaming and thin-client computing, offering a gaming and content delivery network that allows users to access high-performance applications on low-end devices. By enhancing load balancing, storage, networking, scheduling, and streaming capabilities, LiquidSky aims to provide reduced latency and an improved interactive experience for its users.
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