Participated · Series A · Mar 2025

WunderGraph develops Cosmo, an open-source GraphQL federation designed to address API sprawl by unifying GraphQL, REST, SOAP and databases. The company sells hosting, premium support and professional services, including help with database integration, analytics, authentication and observability. Cosmo was debuted in late 2023 as an open-source alternative to Apollo’s proprietary federation offering. WunderGraph plans to grow its roughly 20-strong workforce and double down on tools that improve collaboration and governance for distributed teams at large enterprises. The firm previously built an SDK and raised a $3M seed round in 2023 to pursue a “GitHub for APIs” vision. The company emphasizes open source licensing to attract large customers seeking transparency, flexibility and control. WunderGraph provides an open-source framework that automates much of the work involved in building APIs and generating Backends-for-Frontends from a single data pane. The platform creates a unified API across services and databases so developers can produce tailored backends for websites, apps, and other data consumers with a single command. Led by CEO Jens Neuse, the company maintains offices in Miami, FL and Frankfurt, Germany. WunderGraph is used by developers at companies such as Tripadvisor and Mr.Yum and has partnerships with technology providers including Oracle, Fauna, and Auth0. The company closed a $3M Seed funding round and intends to use the proceeds to grow its team and expand its global user base.

Led · Equity · Dec 2024

Ethyca provides an enterprise-grade data privacy and AI governance platform that embeds privacy into technical infrastructure through an engineering-first approach. Its open-source project, Fides, is described in the article as the most widely adopted open-source privacy platform and powers privacy management for enterprises. Ethyca focuses on improving data visibility and governance to help customers accelerate use of proprietary data while meeting compliance and ethics requirements. The company reports rapid enterprise adoption, adding customers such as Mozilla, Axios, Remitly, Ramp and others in 2024. Ethyca plans to enhance product capabilities, grow its team, and expand globally following a recent rebrand and fresh funding. The company says it will use the new investment to support continued product development and customer success. Ethyca is a New York–based privacy-by-design technology startup that builds APIs, detection tools and analytics to help organizations adhere to data privacy laws such as GDPR. Its commercial Pro tools integrate with some 700 apps to monitor privacy policy alignment and it counts dozens of customers, including Away, IDEO and InVision, plus unnamed public enterprises. The company has open sourced Fides, a definition and configuration language and toolkit (initially Fides Ops and Fides Control) to let developers embed privacy checks into CI/CD workflows and orchestrate privacy rights. Fides integrates with databases and platforms including DynamoDB, Redshift, Snowflake, Databricks, MongoDB, MariaDB, SQL Server, MySQL and PostgreSQL, and has Slack and GitHub as supporters. Ethyca's proprietary APIs also automate data-rights requests and detect problematic data patterns before code reaches production. The company intends to use the newly raised capital to continue commercial development, hire staff and contribute to the Fides open-source community; it has raised $27.5M to date. Ethyca provides an infrastructure platform that gives developers and product teams tools to ensure consumer data privacy throughout application and service design. Its premium product, Ethyca Pro+, is used by consumer-driven brands such as Away, Parachute Home and Aspire IQ. The company was founded in 2018 by Cillian Kieran and Miguel Burger-Calderon and is headquartered in New York. Ethyca has raised capital to date, bringing total funding to $20M. The company intends to use the Series A proceeds to continue to expand operations and broaden its business reach. No revenue or user metrics are disclosed in the article. Ethyca offers a data platform that discovers sensitive data, lets customers view, edit, or delete their records, and enforces access controls across an organization to support GDPR compliance. The product emphasizes automation and privacy-by-design at the infrastructure level to reduce reliance on consultants and manual remediation. Ethyca says it does not capture raw personal data, instead locating information via unique identifiers. The company has been around for more than a year and spent its first year developing the solution. Management frames the recent financing as validation of the market need and intends to use the product to address multiple privacy frameworks beyond GDPR. The platform’s automation is positioned to lower the complexity and cost of compliance for customers.

Led · Series A · Sep 2024

DefectDojo provides an open, scalable platform that aggregates data from over 180 security tools and automates vulnerability triage, enrichment, noise reduction, SLA management, and risk acceptance. The platform tracks vulnerabilities across builds, releases, CI/CD, repositories, engagements and endpoints and uses machine-learning to consolidate duplicates, eliminate false positives, and surface trends. The project began as an open-source community more than ten years ago and has grown to more than 38 million downloads, with users ranging from Fortune 10 companies and international banks to government agencies, startups, and solo consultants. DefectDojo offers a Pro Edition that builds on the Community Edition with enterprise scalability, additional features, improved visualization and premium support. Recent Pro enhancements include stronger automation, new insights and analytics, and data enrichment using FIRST’s Exploit Prediction Scoring System to improve vulnerability context. The company says it will continue investing in its community-driven platform while expanding product development and market presence.

Participated · Series A · Nov 2023

Kloudfuse provides a centralized data lake for unstructured observability data, enabling analysis of metrics, events, logs and traces across compute environments. Its platform automatically alerts customers to anomalies to help developers, DevOps and site reliability engineers diagnose issues faster. The founders say the product helps enterprises handle increased cardinality, gain more control and reduce observability costs. Kloudfuse competes with established observability vendors but reports rapid commercial traction: revenue tripled in the last two quarters. Its customer base includes Workday, GE HealthCare and Automation Anywhere. The company plans to use new funding to expand product management, marketing and sales teams.

Participated · Series B · May 2022

Vendia is a blockchain-based platform that enables businesses to share code and data with partners across applications, platforms and clouds, offering an immutable serverless ledger for data accuracy, provenance and traceability. Developers supply a JSON schema and receive a GraphQL API, with the blockchain layer largely abstracted from users. The company has added customers including BMW, Aerotrax and Slalom and has focused on financial services, travel and hospitality verticals to date. Vendia currently supports AWS, recently launched Azure support, and lists Google Cloud Platform on its roadmap while expanding connections to more services. The company launched a CRM data-sharing product line and is investing in its file-sharing capabilities in response to customer traction. Vendia has about 100 employees and plans to use the new funding to double headcount by the end of the year. Vendia offers a serverless, distributed platform that makes sharing real-time data and code across accounts, regions, clouds, and organizations straightforward and well-governed. The company launched Vendia Share with a free developer tier to let teams build multi-region, multi-account, multi-owner distributed applications on AWS quickly, with autogenerated GraphQL APIs, fine-grained authorization, and integrations for AWS services like Lambda, SQS, and S3. Customers named in the article include BMW, Best Friends Animal Society, United Natural Foods, Inc., and a leading travel-industry company, with use cases spanning supply chains, logistics tracking, financial settlements, and ML/Edge/IoT data sharing. Vendia emphasizes easy proof-of-value (a one-week pilot) and schema-driven development to turn custom data models into production multi-party solutions. The company was founded by Dr. Tim Wagner and Shruthi Rao and is based in San Francisco. With the Series A, Vendia is accelerating go-to-market efforts, opening new sales channels, growing engineering teams, and planning platform expansion to Microsoft Azure and Google Cloud. Vendia was founded by Tim Wagner (inventor of AWS Lambda) and Shruthi Rao (former head of blockchain at AWS) to combine serverless and distributed-ledger ideas into a multicloud serverless platform. Its first product, Vendia Share, lets businesses share data with partners and across clouds in real time while preserving control, provenance tracking, and tamper-proofing. The company positions Vendia Share as a virtual data lake for large datasets that need controlled sharing with third parties. Vendia is already working with a handful of design partners across multiple industries to test the product. The startup raised a $5.1M seed round and plans to use the funding to expand its engineering team and build out tooling. The company completed most of the round after the coronavirus pandemic took hold in the U.S.