Participated · Seed · Aug 2020

Ananda Networks offers the Ananda Secure Global LAN (SG-LAN), a cloud-managed service that lets organizations build private networks to connect users, devices, and cloud services anywhere with speed and security. The product targets distributed workforces, enabling remote engineering teams to access development environments on-premises or across multiple clouds. It also helps employees connect to SaaS applications with improved performance and security, positioning itself as a replacement for VPN, MPLS, SD-WAN and other legacy centralized solutions. The company is led by co-founder and CEO Adi Ruppin. Ananda intends to use its new funding to expand operations and broaden its business reach. No operating metrics (revenue/users) were disclosed in the article.

Participated · Series B · Jun 2018

Veridium develops a software-only biometrics platform (VeridiumID) and mobile SDK that enables enterprises to replace passwords, tokens, OTPs and swipe cards with face, fingerprint, behavioral biometrics and its patented 4 Fingers TouchlessID. Its product set includes enterprise-ready connectors (Active Directory, Microsoft Azure, Citrix StoreFront, NetScaler, ShareFile and Cloud Services, RADIUS, SAML, OpenID and WSO2) and the Veridium Authenticator mobile app available on the Apple App Store and Google Play. The company says it has customers across the globe, including several large financial services organizations and a multinational Swiss bank that selected Veridium to replace passwords, tokens and swipe cards. The press release is datelined Quincy, Mass., and the company also states it has offices in the U.S., U.K. and Romania. Veridium plans to use the funding to accelerate product development, drive innovation across its authentication platform, and scale sales and marketing across the Americas, Europe and Asia. Executives state the platform increases security and convenience while reducing fraud and total cost of ownership versus traditional multi-factor authentication solutions.

Participated · Seed · May 2018

Cloudtenna offers AI- and metadata-driven search applications that surface files wherever they live across services like Slack, Box, Dropbox, Google Docs and Office 365. The company launched a desktop search application in 2018 and today released a mobile search app called Workspace, which was built from the ground up for mobile collaboration. Its AI uses user history and collaboration patterns to surface the most relevant files regardless of storage location. Cloudtenna was founded in 2016 and currently has nine employees. The company reported an uptick in usage during the pandemic. Financially, it announced a $2.5 million funding round that brings total capital raised to $6.5 million. Cloudtenna, founded by Bryan Pham and Aaron Ganek, develops DirectSearch, a file-search platform that indexes on-premise repositories, cloud file services, and hosted applications. DirectSearch uses machine learning, natural language processing and automation to deliver search results in 400-600 milliseconds and to improve relevance based on context and user behavior. Its single search tool can scan local and network drives, services like Dropbox, Google Drive and Box, and SaaS platforms including Slack, ShareFile and Salesforce. Users can locate files by name, sender, date, type, keyword, content and other attributes regardless of storage location. Nearly 30 beta customers, including universities, online businesses and large enterprises, are using the product ahead of a planned early Q3 2018 release. The company raised $4M in seed funding led by Blazar Ventures with participation from Citrix and will use the proceeds to continue product development.

Participated · Seed · Dec 2017

3TEN8 operates a cloud artificial intelligence and machine learning platform that predicts and diagnoses wireless network outages and failures with the largest impact on subscriber quality of service. The platform processes over 6 billion records per day for wireless operators ranging from Tier‑1 carriers to regional midsize operators. It predicts future network states 24–72 hours in advance, including network health, performance, traffic patterns and congestion. The product lets carriers allocate resources to maximize business impact. Led by co‑founder and CEO Miro Salem with Chief Data Scientist Marcos Perreau Guimaraes, the company plans to use new funding to continue expanding operations. The company is based in San Jose, Calif.

Participated · Series B · Aug 2017

Kyndi builds an explainable AI platform that scores the provenance and origin of each document and helps users quickly locate difficult-to-find information across document collections without requiring large labeled datasets. The platform can be used alongside robotic process automation (RPA) tools to analyze text and automate inefficient workflows. Customers include Fortune 500 pharmaceutical companies and government agencies. The company was founded in 2014 by CEO Ryan Welsh and is based in San Mateo, California. Kyndi raised $20m in a Series B and intends to use the funds to expand its engineering and sales teams. Intel Capital led the round and its Investment Director Sunil M. Sanghavi will join Kyndi's board of directors. Kyndi builds artificial intelligence products and solutions that help organizations anticipate and act on future intentions, opportunities and threats. Its patented natural-language understanding technology analyzes massive amounts of unstructured data and can work with small datasets to identify very weak signals that reveal seemingly unknowable intentions. Kyndi serves business and governmental customers and positions its platform to create fully auditable knowledge faster so customers can act decisively. The company says customers achieve strong ROI by dramatically amplifying productivity and generating the critical answers and intelligence they need. Kyndi closed an $8.5 million Series B, bringing total funding to $12 million. Based in Palo Alto/Silicon Valley, the company was founded in 2014 and has doubled in size each year since founding.