Participated · Seed · Jan 2026

New York–based CVector Energy builds an AI software layer that sits between plant operations and bottom-line economics, continuously analyzing data to flag equipment issues, optimize energy use, and link actions such as opening a valve to their exact financial impact. The platform is already deployed with customers ranging from ATEK Metal Technologies’ aluminum casting facility in Iowa to San Francisco ammonia-production startup Ammobia, as well as public utilities, advanced manufacturing sites, and chemical producers. Founders Richard Zhang and Tyler Ruggles describe the offering as "operational economics," giving operators a clear, dollar-based view of every decision in complex facilities. Since its pre-seed round last July, CVector has grown to 12 employees and opened its first office in Manhattan’s financial district, increasingly recruiting data talent from hedge funds and fintech. The team reports that wider industry comfort with AI and strong demand for cost-control tools are accelerating adoption. The newly secured seed capital will fund further product development and expansion into additional heavy-industry verticals. Prior to the seed raise, the company had completed an undisclosed pre-seed round; no revenue or user counts were disclosed in the article.

Led · Series A · Jul 2024

Lineaje builds a platform to discover, manage and secure software components across an organization’s supply chain, detecting tampered packages and outdated or vulnerable open-source software. The product flags likely vulnerabilities, recommends available fixes and warns against remediations that might break software. The founders, Javed Hasan and Anand Revashetti, built the company from prior cybersecurity experience at vendors including Symantec, McAfee and Norton. Lineaje emphasizes defense work and claims a contract with the U.S. Air Force’s “Eagle Eyes” program along with relationships with other federal agencies. The startup competed in a crowded market that includes Kusari, Ox Security, Chainguard, Dustico and Endor and faces efforts from Google, Amazon and Microsoft to improve OSS security. Last year was Lineaje’s first year of revenue; it has about 30 employees and plans to double headcount by the end of the year. Lineaje builds SBOM360, an industry-first software supply chain and software bill of materials (SBOM) manager that identifies components, maps multi-level dependencies, and fingerprints components to attest supply-chain authenticity. The product enables software producers and consumers to create, publish, and evaluate SBOMs, search deployed software for vulnerabilities and indicators of compromise, and support compliance with U.S. Executive Order 14028 and other regulations. Lineaje reports managing more than 150,000 SBOMs spanning custom applications, open-source packages, commercial off-the-shelf software, mobile apps, and containers. The company announced a distribution agreement with Persistent Systems to resell SBOM360 and help customers create and manage secure software supply chains. Lineaje closed a $7 million seed round led by Tenable Ventures and plans to use the proceeds to accelerate go-to-market, invest in R&D, and expand its workforce. Tenable has selected Lineaje as one of three inaugural members of Tenable Ventures and is collaborating to create shareable data models to improve runtime security.

Led · Equity · Mar 2012

Silver Spring Networks offers a unified Smart Energy Platform that connects meters, load management controllers, electric-vehicle charging stations and other devices to utilities. The firm supplies the hardware, software and services needed to create interoperable smart utility networks. Over its platform, utilities can deploy advanced applications including Smart Metering, Demand Response, Distribution Automation and Distributed Generation. The company positions its technology to transform delivery of smart grid services, improve energy efficiency, empower customers and ensure reliable, low-cost service delivery. According to a Securities and Exchange Commission filing, the company recently raised $30 million from a single investor. The firm is based in Redwood City, CA. Silver Spring Networks provides hardware, software and services designed to allow utilities to deploy and run multiple smart grid solutions — including Smart Metering, Demand Response, Distribution Automation and Distributed Generation — over a single, unified network. The company lists customers such as Baltimore Gas & Electric, CitiPower & Powercor, Florida Power & Light, Jemena Electricity Networks, Pacific Gas & Electric, Pepco Holdings and United Energy Distribution. It is based in Redwood City, California. Silver Spring filed with the SEC for an IPO of its common stock on July 7, 2011. Prior investors include Kleiner Perkins Caufield & Byers, Google Ventures, Foundation Capital and Northgate Capital. The company recently received an additional investment from publicly traded GSV Capital Corp. Silver Spring Networks makes data networking equipment and infrastructure that links smart meters to utility networks, enabling real-time energy consumption data transfer. The company sells to utilities and has landed contracts with Pacific Gas & Electric, Florida Power & Light, Pepco Holdings and American Electric Power. It has $800 million in deals in the pipeline to connect about 16 million utility customers. Recent strategic moves include acquiring Greenbox, a home energy monitoring company, and partnering with AT&T to allow utilities to use AT&T’s wireless networks for data transfer. Silver Spring plans to use new equity to add more utility customers and grow its presence in Australia, and may expand into additional smart-grid segments. The company is based in Redwood City, Calif., and CEO Scott Lang has signaled that a public offering could be imminent. Silver Spring Networks builds communications equipment and systems that connect utilities to electricity consumers for smart-grid and energy-efficiency applications. The article describes the company as rapidly growing. It recently raised $75M in a financing led by Kleiner Perkins' Green Growth Fund. That raise follows a $60 million third round the company completed in April of this year. No operating metrics (revenue or users) or additional financial details were provided in the article.