The Venture Codex

Participated · Series B · Jul 2021

Lucata provides a new computer architecture that enables organizations to accelerate and scale graph analytics. Led by Michael Mallick, the company leverages patented migrating thread technology to massively scale unified memory and conduct high-performance, multi-hop analytics, including breadth-first search (BFS), on unpruned and unsharded databases with 1 trillion vertices and beyond. Its solution can be used with today’s graph database software or custom-written graph solutions, enabling organizations to use existing software to analyze much larger graphs. Target use cases include fraud detection, cybersecurity, blockchain, risk assessment and healthcare. The company has offices in Palo Alto, New York City and South Bend, Ind. Lucata raised $11.9M in a Series B to accelerate growth and expand operations and business reach. Emu Technology is a NYC-based provider of migratory thread technology for data-intensive, real-time Big Data analytics. Its Emu Chick is a 256-core computer tower built and delivered by Plexus manufacturing in Neehah, WI, designed to run from 120 VAC without special computer room infrastructure. The system provides memory and storage for analytics workloads including graph analysis, cybersecurity, non-obvious relationship analysis and semi-supervised machine learning, and is software compatible with larger Emu1 systems. Emu's technology combines finely grained parallelism with in-memory computing and migration of compute context to data. The team has completed software support for CentOS 7.3, Cilk, C++, CilkPlus and the GMP library. The company completed a Series A-2 round raising over $5M and intends to use the funds to continue developing and scale adoption of its platform.

Led · Series A · Jun 2016

Vagabond Vending is a Washington, DC-based provider of route management and data analytics tools for vending machine operators. It operates an integrated communications network that combines Vending Management Software (VMS), hardware solutions, and cashless financing capabilities. The platform includes web and mobile apps that allow vending businesses to interface with machines in real time to determine best-selling products and identify which machines need service from the warehouse. Led by founder and CEO Michael Lovett and COO Juan Jorquera, the company also engages in financing arrangements to support operators deploying new technologies. Vagabond closed more than $3M across two related financing rounds and has engaged partners to expand its financing options. The company will use the funds to expand its communications network.

Participated · Seed · Apr 2015

CargoSense provides a Visibility OS platform for automating supply chain operations using visibility data. The platform runs customized digital agents that unify IIoT data sources, real-time transportation visibility platforms, risk analysis platforms, and customers' systems of record into a single stack. This integration enables automated contextual analysis and execution across supply chain functions and scales exception management workflows. CargoSense says the platform helps customers drive core systems with visibility data and reduce the workloads of supply chain teams through measurement, automation, and collaboration. The company intends to use its recently raised $8M Series A to expand its partner ecosystem of integrated management systems, data sources, and industrial IIoT platforms available to digital agents. Founded in 2012 and led by CEO Richard Kilmer, CargoSense is based in Reston, VA. CargoSense is a smart-data and MicroAnalytics Software-as-a-Service (SaaS) company led by CEO Rich Kilmer and based in Reston, Virginia. It has created collaborative supply chain software that collects data with sensor technologies and is available via tablet, web, and mobile devices. The platform is powered by a centralized API and SaaS applications and focuses on optimizing logistics networks to reduce product loss, transportation and packaging costs, and optimize quality control processes. Target industries include healthcare, food, medical devices and other industries with complex supply chains. The company raised an additional $1m in seed financing and has now raised a total of $3.67m. CargoSense is working towards the closure of its Series A funding round and will use the new funds for product innovations and customer acquisition through focused sales and marketing efforts. CargoSense is a Reston, Virginia-based big data and analytics SaaS company that provides a smart data and microanalytics platform for supply chain logistics, focused on pharmaceutical, cold chain, and refrigerated storage industries. Its platform records environmental and motion data (temperature, light, humidity, pressure, shock, and tilt) from origin to destination and lets users combine those values into climate ranges for shipped products. The solution supports sharing of shipment-level environmental measures with supply chain partners to ensure a single view of captured data. Led by CEO Rich Kilmer, the company serves manufacturers and shippers of pharmaceuticals, biologics, medical devices, food, and other climate-sensitive cargo. CargoSense closed a $2.5M seed funding round and plans to use the proceeds to expand sales, marketing, and development teams, drive new product innovations, and accelerate customer acquisition. CargoSense offers collaborative supply chain software that runs on tablet, web and mobile devices to optimize logistics networks for healthcare, food, medical devices and other industries with complex supply chains. The company sells a big data and analytics product targeted at healthcare logistics providers and is initially focused on life sciences. CargoSense was founded in 2012 by CEO Rich Kilmer and is pursuing partnerships in food, restaurants, grocery chains and other market segments with sensitive supply chains. The product roadmap includes extensions to reporting and analytics functionality. The company intends to use recently raised funds to extend those product features and to grow sales within its existing customer segments. No operating metrics or revenue figures were disclosed in the article.