Participated · Series A · Oct 2023

MangoBoost is a Washington State–based semiconductor company building advanced data processing units (DPUs) that offload networking, storage, security and other I/O tasks from CPUs and GPUs, greatly improving the efficiency of AI and cloud data centers. Founded by Seoul National University professor Kim Jang-woo, the firm is regarded as having some of the most sophisticated independent DPU technology still on the market. Its chips tackle the performance limitations that even the fastest GPUs encounter when data-movement and storage become bottlenecks, a pain point that is growing as AI workloads surge. The company has attracted strong industry interest, fielding partnership approaches from NVIDIA, AMD, Intel, Samsung Electronics and SK Hynix, and it reportedly declined an acquisition offer from NVIDIA earlier this year to remain independent until mass production begins in earnest. MangoBoost is positioning itself as a strategic technology partner to multiple semiconductor majors rather than a single acquirer. The business is now in its Series B stage and is using new capital to fund commercialization and scale-up of its DPU product line.

Led · Series A · Feb 2016

Scriptr.io enables enterprises to create and deliver IoT applications by combining agile application creation, a zero-DevOps managed service environment and a marketplace of pre-built vertical IoT applications and connectors to major IoT and enterprise systems. The platform can be provided from cloud-based infrastructure or as a fully-managed service delivered on premise or at the edge. The company is led by Founder and CEO Rabih Nassar. Scriptr.io closed the second and final round of its $5m Series A funding. The company intends to use the funds to expand business operations in the U.S. No operating metrics were disclosed in the article. scriptr.io provides a cloud-based platform that allows developers to connect devices to the cloud and create and run custom web services with no DevOps, hosting, server management, or deployments. The platform gives users access to more than 60 APIs and connectors, SDKs that support the majority of industry IoT platforms, and connectors to vertical solutions in integration, health, automotive, and big data (including CarVoyant, Fitbit, and little Bits). The company was established in 2015 by Rabih Nassar and is based in New York City. scriptr.io has formed partnerships with wot.io, Marvell Kinoma, Parrot, and Withings. The firm intends to use new funding to expand U.S. business operations, including opening an office in San Francisco, and to continue research and development. No operating metrics (revenue/users) are disclosed in the article.