Participated · Equity · May 2018

Sckipio Technologies, led by CEO David Baum, is a Ramat Gan, Israel-based provider of Gfast chipsets and develops standards-compliant Gfast modems used to enable ultra-broadband access and mobile backhaul. The company partners with more than 30 companies globally on Gfast and is one of the contributors to the ITU-T standard. It raised $10M in a funding round led by MegaChips, bringing total funding to date to $50M. The round included participation from Intel Capital, Pitango Venture Partners, Genesis Partners, Gemini Israel Ventures, Amiti Ventures, Aviv Ventures, CIRTech Fund and Axess Ventures. Sckipio intends to use the funds for the global rollout of Gfast with tier-1 service providers. Sckipio is a fabless semiconductor company that develops standards-compliant G.fast modems to enable ultra-broadband access and mobile backhaul. The company says it partners with more than 30 companies globally and is a leading contributor to the ITU‑T G.fast standard. Sckipio has delivered several industry firsts, including a 16-port Distribution Point Unit, running UHDTV across G.fast, demonstrating SDN over G.fast with AT&T, and delivering 1Gbps at 300 meters. The company intends to increase technology investments to accelerate innovations in the broadband access market following the new investment. Financially, this financing represents Sckipio’s third round of funding; previously it raised $27 million from Amiti Ventures, Aviv Ventures, Genesis Partners, Gemini Israel Ventures and Pitango Venture Capital. Sckipio was founded in 2012 and is based in Ramat Gan, Israel. Sckipio Technologies develops G.fast modem chipsets and bundles them with software to deliver ultra-broadband over existing copper using Fiber-to-the-distribution-point (FTTdp) architectures. The company provides complete G.fast solutions for access and mobile backhaul based on the ITU G.fast G.9700 and G.9701 standards, to which it is a leading contributor. Sckipio says it intends to extend its leadership in the G.fast market and to scale production to meet rising demand. Management states the additional capital will help the company move faster, enhance its product offering, and provide working capital to scale production. The market for G.fast is cited as expected to reach $2.9B by 2020, underscoring commercial opportunity. Sckipio is backed by venture investors and operates out of Ramat Gan, Israel.

Led · Equity · Apr 2017

ColorChip develops Planar Lightwave Circuit (PLC) platform and Top-Of-Rack interconnect optical transceivers used for high-definition video and data transmission across telecommunications, networking, cloud and storage markets. The company operates a production facility in Thailand and maintains offices in San Jose, California. Founded in 2001 by CEO Yigal Ezra, ColorChip focuses on supplying hyper-scale optical transceivers for datacenters and HPCs. It will use newly raised funds to accelerate go-to-market efforts, expand research and development initiatives, and grow manufacturing capabilities. The article reports an additional $17M was secured as part of the recent financing round, bringing the round total to $37M. No operating metrics were disclosed in the article. ColorChip develops dense, hyper-scale transceivers and advanced optical splitters designed to accelerate delivery of streaming HD video, virtual reality, cloud computing, and IoT traffic from data centers. Its product, called SystemOnGlass, is produced and manufactured in-house; the company is noted as the only Israeli chip maker to both produce and manufacture its own product. The components are aimed at reducing latency and improving image delivery for high-bandwidth services. ColorChip was founded in 2001 by Dr. Shimon Eckhouse and Prof. Shlomo Rushin and is based in Yokneam near Haifa. Financially, the company has raised $25 million in the latest financing and $60 million in total to date. An investor-side board appointment from the latest round signals active investor involvement going forward.

Participated · Equity · Nov 2016

indeni is a provider of what it calls the world’s first crowd-sourced and machine-learning network operations platform. Its platform monitors devices from vendors including Blue Coat, Check Point, Cisco, F5 and Palo Alto Networks and delivers proactive alerts with human-readable recommendations. indeni leverages a community of experts plus machine learning and automation to help organizations move from reactive to proactive IT operations. The company says its customers span financial services, healthcare and retail, and include two of the top four credit card providers. indeni announced $10 million in funding to support aggressive growth plans, including enabling its enterprise customer base and increasing investment in sales and marketing. The firm aims to create category-defining technology for mission-critical devices and reach a broader market to reduce downtime.