Third Wave Ventures

Third Wave Ventures is a venture capital firm based in Beverly Hills, California, founded in 1996. The firm specializes in investing in seed-stage companies, primarily focusing on sectors such as semiconductors, clean energy, and the Internet of Things. Third Wave Ventures emphasizes company building over short-term financial returns, fostering strong alignment between investors and entrepreneurs. This approach requires significant commitment and hard work, reflecting the firm's dedication to supporting the long-term success of its portfolio companies.

Babak Cyrus Razi

Managing General Partner

4 past transactions

Ingenu

Venture Round in 2015
Ingenu Inc. specializes in developing wireless networks that facilitate long-range connectivity for Internet of Things (IoT) and machine-to-machine (M2M) devices. Founded in 2008 and based in San Diego, California, the company focuses on creating a dedicated network for machines, utilizing its RPMA technology to enable reliable communication across various industries, including asset tracking, agriculture, connected cars, environmental monitoring, and fleet management. Ingenu's offerings allow for smart metering, remote monitoring, and data gathering, enhancing operational efficiency for its clients. However, as of July 27, 2020, Ingenu filed for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of California.

VideoAmp

Seed Round in 2014
VideoAmp is a software and data company that develops an integrated platform aimed at transforming the advertising landscape by unifying traditional TV, streaming video, and digital media. Its innovative platform provides measurement and optimization tools that connect media exposures directly to an advertiser's sales, allowing for a more cohesive understanding of audience engagement. By facilitating transactions based on independent measurement as a multi-platform media currency, VideoAmp enables advertisers, agencies, and media sellers to align their strategies effectively. This approach not only optimizes brand marketing investments but also drives real business outcomes, creating efficiencies across various advertising channels.

WiLinx

Series C in 2007
WiLinx Corporation is a semiconductor company. It provides single-chip complementary metal oxide semiconductor ultra-wideband solutions. WiLinx enables a Wimedia-based wireless connectivity for wireless personal area networks. The company was founded in 2003 and is headquartered in Carlsbad, California.

Neven Vision

Series B in 2005
Neven Vision is a developer of advanced mobile recognition engines tailored for the mobile phone and consumer electronics industries, as well as government and private security sectors. The company offers a range of innovative solutions, including the i-Scout Visual Mobile Search platform, which allows camera phones to recognize objects and deliver relevant content. Its Mobile Identifier platform utilizes biometric technologies such as facial recognition, fingerprint matching, and skin analysis to identify and compare tattoos or license plates. Additionally, Neven Vision provides Mobile-i Facial Feature Tracking software, enabling real-time or offline tracking of facial features in live or recorded video streams. These technologies serve various applications, including identity verification, video surveillance, mobile marketing, gaming, and enhanced communication. Founded in 2003 and headquartered in Santa Monica, California, Neven Vision also maintains offices in Tokyo, Japan, and Hamburg and Munich, Germany.
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