Participated · Series D · Nov 2022

Weka builds an AI-native data platform that creates "dynamic data pipelines" and uses a zero-copy architecture to eliminate time-consuming dataset copying and keep GPUs constantly fed. At the heart of the platform is WekaFS, a scale-out shared parallel file system that interfaces with PCIe-connected NVMe drives and supports varied data types, sizes, and I/O profiles. The company says the platform delivers 10x the performance of legacy NAS and 3x the performance of local server storage, improving GPU utilization and reducing energy use. Weka serves more than 300 customers, including 12 of the Fortune 50 and AI firms such as Stability AI, Midjourney, ElevenLabs, and The Center for AI Safety, as well as GPU-cloud providers like Iris Energy and Yotta. Financially, Weka's annual recurring revenue from its software subscription model has doubled year-over-year to exceed $100 million, and management projects it could triple or quadruple in the current fiscal year. The company plans to use capital to enhance the platform, invest in R&D and customer success, and scale hiring—aiming to grow its roughly 400-person global workforce by at least 25% this fiscal year. Weka builds data-virtualization software that lets customers move data between sources without making copies, aiming to remove storage as the bottleneck for GPU and high-throughput workloads. The company says it invented new algorithms, data structures and a network protocol that delivers RDMA zero-copy-like performance even on public cloud. Weka delivers its solution as a service, with some on-prem deployments and an increasing share of cloud transactions (43% of Q3 transactions from public cloud). The company has 300 employees and expects to double headcount in the next 12–18 months, and says hiring for diversity is a priority. Weka initially focused on high-performance computing and has expanded into commercial enterprise workloads as customers scale deployments. Financially, the company announced a $135M Series D on a $750M valuation and has now raised more than $293M to date. Weka provides a data platform designed to accelerate AI/ML, life sciences research, and high-performance computing workloads. The company is led by co-founder and CEO Liran Zvibel and is based in Campbell, California. Weka says eight of the Fortune 50 use its platform to solve large IT infrastructure problems and speed productivity. In FY21 the company delivered >2x ARR growth, >125% growth in new customers, and deployments in 18 new countries. It was recognized by Gartner as a Magic Quadrant Visionary and hit its 1QFY22 revenue target within the first 14 days of the quarter. Weka will use the new funding to accelerate go-to-market activities, operations, and engineering.

Participated · Series C · Dec 2018

Quali is an Austin, Texas-based cloud infrastructure automation company that offers the CloudShell platform to simplify cloud infrastructure and secure application development and deployment. In January 2021 the company raised $54M in funding. Led by CEO Lior Koriat, Quali serves enterprises across consumer electronics, telco, banking, technology and media. Customers mentioned in the article include Cisco, Microsoft, Dell, Verizon, multiple banks and cloud service providers. The company maintains offices in Tel Aviv and across the US, Europe and Asia. It plans to use the funds to expand its customer base, enable new partnerships, strengthen its market position, accelerate CloudShell innovation and grow the team. Led by CEO Lior Koriat, Quali provides automation and orchestration software that delivers environments-as-a-service for cloud, DevOps and security initiatives. Its CloudShell platform aims to improve productivity of dev/test engineering organizations, accelerate sales cycles for selling organizations and help security teams improve security and compliance posture. The company serves more than 200 customers worldwide, including several Tier-1 enterprises, service providers and technology vendors. In December 2018 Quali raised $22.5M in a Series C funding round. The company intends to use the funds to expand its U.S. sales footprint with new offices in Austin. Quali is headquartered in Santa Clara, California. QualiSystems provides CloudShell, an orchestration and automation platform enabling self-service, auto-provisioning and reclamation, and continuous integration across physical, virtual and public cloud infrastructure. The platform supports environments from bare metal to operations, development to deployment, and legacy to cloud and SDN. Led by CEO Lior Koriat, the company's solutions are deployed by hundreds of service providers, enterprises, government agencies, and technology manufacturers worldwide. The company received $8M in funding to support growth. QualiSystems intends to use the funds to grow customers and partnerships for its platform. The company is based in Santa Clara, CA.

Participated · Equity · Jul 2018

Eyeview is a NYC-based video marketing technology company that provides brands with a martech solution to create personalized video ads across multiple platforms. Its platform supports Mobile, Desktop, Addressable TV, ConnectedTV, OTT, Facebook and other social platforms and integrates with marketers' ad-stacks including DMPs, DSPs, CRM, measurement, brand safety and attribution platforms. The platform feeds proprietary data to brands, and Eyeview serves major advertisers including Lowe's, Walgreens, Honda, BMW and Uber. Led by CEO and co-founder Oren Harnevo, the company also has offices in Los Angeles, Detroit and Chicago. In July 2018 Eyeview received $20M in financing comprising equity and debt from current and new investors. The company said it will use the funding to further invest in its proprietary creative technology and data assets and to support continued growth. Eyeview builds outcome-based video marketing technology that delivers 1-to-1 video ads using its proprietary VideoIQ® engine. VideoIQ leverages brand, product and consumer data to make billions of decisions daily and deliver tailored messages across television, desktop, mobile and Facebook. The company serves major brands including P&G, Walgreens, Lowe’s, Honda, BMW and Priceline. Eyeview says it has tripled revenue since its last round while growing headcount by about 20 percent and was ranked the 2nd fastest growing company in the Tri-State Area by Deloitte in 2015. The company will use the new financing to invest in sales, marketing and engineering to further its leadership in outcome-based video marketing. Eyeview is headquartered in New York City with offices in L.A., Detroit, Seattle and Chicago. Eyeview is an NYC-based provider of a personalized online video advertising platform called VideoIQ. VideoIQ uses real-time insights gathered through each stage of the consumer journey and matches each consumer to a personalized brand message. The company is led by co-founder and CEO Oren Harnevo, West Naze (Executive Director of CPG Sales) and Brian Pozesky (Chief Marketing Officer). Eyeview partners with Fortune 500 leaders across Automotive, Retail, CPG, Travel, QSR and Entertainment, including P&G, Land Rover, Lowe’s and Marriott. The company has offices in New York City, Chicago, Detroit and Los Angeles. Eyeview received $15M in financing from existing investor Marker LLC and plans to use the funds to expand regional presences, increase sales and marketing in new shopper marketing and travel verticals, and grow its automotive and retail verticals. Eyeview builds technology that personalizes video ads by producing multiple tailored video versions and delivering the correct version to each viewer. Personalization can be based on location, weather, time of day and updates when information changes such as pricing. The personalization occurs in the video itself rather than via overlays, which enables delivery across devices and requires no integration from publishers. In the cloud the company says it can create hundreds of thousands of videos for use on mobile and connected TV. Eyeview reported revenue grew 6x between 2011 and 2012 and was on track to grow the same amount in 2013, and it works with advertisers including Land Rover, Lowe’s, Toyota, Paramount and Target. The company raised $8.1M in a Series C and plans to use the funding to expand availability across the United States and continue developing the technology; total funding to date is $19.4M. Eyeview creates personalized video ads that generate high-quality, splashy, 3D-rendered creatives and can customize text depending on where the ad is shown. The company’s technology is described as more advanced and better looking than Flash overlays. Eyeview has worked with brands including AT&T, T-Mobile, and McDonalds. CEO Oren Harnevo said the company will use the new funding to grow its reach across audience size and the formats it appears on. In the long term Harnevo envisions IP-enabled televisions delivering similarly personalized ads to individual users, though today all Eyeview ads appear online. The company announced a $5.2 million Series B to support that expansion.

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.

Participated · Series D · Mar 2017

Autotalks develops automotive‑qualified V2X chipsets that provide an advanced, secure, high-performing global V2X communication solution for vehicles and autonomous systems. Its technology is designed to complement sensor data in non-line-of-sight scenarios, rough weather, and poor lighting to improve road safety and coordination among vehicles, motorcyclists, and pedestrians. The company recently launched the ZooZ micro-mobility platform and plans mass deployment of its technology in the coming years. Autotalks is led by CEO Hagai Zyss and is described as a V2X chipset market leader. Financially, the company raised $10M in funding from Foxconn Interconnect Technology (FIT) tied to a strategic collaboration. Autotalks is based in Kfar‑Netter, Israel. Autotalks develops V2X (vehicle‑to‑everything) communications chipsets for connected cars and has recently expanded its product focus to motorcycles. The company is preparing for mass production in 2019. It has extended its Series D round to $40 million, an increase from an initial $30 million raised in March. Autotalks says the funding will allow it to prepare and expand operations for the upcoming start of mass production and to continue developing communication solutions for connected and autonomous vehicles. The company is based in Israel. Management highlighted the strategic interest of new investor Mirai Creation Investment Fund in vehicles as information hubs. Autotalks develops silicon chipsets that enable V2X (vehicle-to-everything) communications for cars. The company focuses on hardware for short-range vehicle communication that regulators are increasingly mandating. It is based in Israel and recently completed a financing round. Autotalks raised $30 million in a Series D from new and existing investors. The firm expects to deploy its chipsets in U.S. models in 2019 and views a U.S. Department of Transportation notice requiring short-range communication on all new vehicles by 2023 as a major market opportunity. CEO Hagai Zyss said the company’s mission to equip vehicles with lifesaving technology is being adopted by regulators and leading carmakers.