Participated · Series B · Dec 2023

LiveIn is Malaysia's leading long-stay provider that converts vacant buildings into fully furnished, long-stay rental homes via an Offline-to-Online (O2O) managed platform. The company targets students and young professionals by using second-tier locations and offering rents significantly below market rates to improve affordability for roughly 60 million young adults in Southeast Asia. LiveIn reports an average occupancy rate of 90% across Malaysia, Thailand and Vietnam and has over 20 buildings (about 2,000 rooms) in Thailand. Its Ho Chi Minh District 9 launch reached full occupancy within 40 days, and the company plans to onboard two more buildings this quarter. LiveIn provides furnished rooms, dedicated concierge services and community events, and intends to roll out new service features and strategic partnerships to reinforce growth. The company is expanding regionally, with plans to enter Indonesia in 2024, and has attracted a diverse set of global investors supporting its scaling efforts. LiveIn (formerly Hostel Hunting) operates a student accommodation rental and community platform focused on long-term leases for younger demographics. The service is active in Malaysia and Thailand. The company positions itself as a rental community targeting students and young renters. LiveIn emphasizes long-term rental offerings rather than short-term stays. Recently the company completed a new financing that supports its regional operations and growth plans. No operating metrics or revenue figures were disclosed in the article. HostelHunting.com is a Malaysia-based student accommodation marketplace. The company operates an online marketplace for student housing and hostels. It raised $500,000 in a seed round led by KK Fund. Incubate Fund and Cradle Fund also participated, with Cradle’s involvement via the CIP 500 grant programme (CIP 500). The article did not disclose revenue, user metrics, founding year, or previous financing rounds.

Participated · Equity · Oct 2021

Pluribus Networks delivers data center network solutions built around disaggregation and controllerless SDN automation, including the Netvisor ONE operating system and the Adaptive Cloud Fabric software. Its software ships on the company’s Freedom Series white-box switches and on third-party platforms such as Dell EMC PowerSwitch and Edgecore Open Cloud switches. Pluribus is deployed by more than 350 customers, including over 100 tier-one mobile network operators, in mission-critical networks worldwide. Led by CEO Kumar Srikantan and based in Santa Clara, CA, the company raised $20M in the reported funding round. Prior to this financing Pluribus had raised $125M in funding. The company intends to use the new capital to accelerate R&D for multiple new product initiatives and to expand sales and marketing to deepen penetration in the distributed cloud market and move into adjacent sectors. Pluribus Networks delivers software-defined networking via its Netvisor distributed network hypervisor operating system, converging compute, network, storage and virtualization with an open, programmable approach. The company positions Netvisor as a platform to simplify data center operations and protect existing network investments. Pluribus says its architecture addresses Global 2000 needs for hardware independence, scale, automated configuration and operational simplicity. Customers’ rapidly growing demand is cited as a driver for expansion of sales, marketing, business development and engineering. The company reported a $50 million Series D that increased total funding to $95 million, and says it is the best-funded private SDN company. Pluribus Networks is a Palo Alto, CA-based developer of hardware-accelerated network virtualization solutions for private and public cloud datacenters. Founded in 2010 by Sunay Tripathy (CTO), Robert Drost (CEO) and C.K. Ken Yang (VP of Product Engineering), the company provides the Pluribus Netvisor, a programmable, distributed network operating system that runs on its optimized Server-Switch hardware. Netvisor provides a platform for fabric-based computing that enables applications to move into the network and supports both physical and virtual network infrastructure. The Netvisor solution is currently available to select customers on the Pluribus F64 Series platform. The company closed a $23M Series C in December 2012 and intends to use the capital to expand adoption of its systems. Pluribus previously closed a $17.5M Series B in April 2011.

Led · Series C · Mar 2021

Webscale is a cloud automation, management and hosting SaaS provider focused exclusively on ecommerce. Its platform leverages automation and DevOps protocols to simplify deployment, management and maintenance of infrastructure while providing enterprise-grade security, predictive scalability and fast performance. The SaaS supports omni-channel use cases across headless, progressive web applications, self-hosted and fully hosted commerce clouds and is deployed in multi-cloud environments including Amazon Web Services, Google Cloud Platform and Microsoft Azure. Webscale powers Fortune 1000 brands including Dollar General, Watsco and Regal Cinemas, plus thousands of other B2C, B2B and B2E ecommerce storefronts across ten countries. Led by CEO Sonal Puri, the company has offices in Santa Clara, Boulder, San Antonio, Bangalore and London. In May 2021 Webscale closed a $26M Series C and said it will use the funds to expand operations and its business reach. Webscale offers a converged software platform for hyperscale cloud automation, delivered as-a-Service to provide scalability, load balancing, high performance, outage prevention, security, and management across multi-cloud environments including AWS, GCP, and Azure. The platform targets retailers, enterprises, and digital brands and supports B2C, B2B, and B2E e-commerce and enterprise customers. Webscale serves six of the Fortune 1000, including Puma, Unilever, Hanes, Ferguson, Tommy Hilfiger, and Cineworld Group, and operates in seven countries. Led by CEO Sonal Puri, the company maintains offices in Sunnyvale, CA, Boulder, CO, and Bangalore, India. The business plans to use new funding to accelerate growth, expand internationally, strengthen customer success, and increase channel velocity. Webscale offers a cloud-based integrated web application delivery and control platform that leverages machine learning and session analysis to help businesses manage application scalability, load balancing, outages and security across multiple cloud providers. The company serves customers in fashion, retail, travel, health and beauty across the USA, UK, Canada, China and Australia, and maintains offices in Mountain View, Boulder and Bangalore. Its leadership includes Sonal Puri (CEO) and founder & CTO Jay Smith, along with product, engineering, sales and marketing heads. Webscale plans to use the new funding to expand operations and grow the business globally. Financially, the company has raised $20M in total financing to date, including the most recent Series A1. No operating metrics such as revenue or user counts were disclosed in the article.

Participated · Series F · May 2019

Aryaka provides a fully managed SD‑WAN platform that bundles a purpose‑built secure private network, global connectivity, WAN optimization, orchestration, edge devices and security in a single managed service. The company has built out global points‑of‑presence (POPs), Network Operations Centers (NOCs) and 24x7 support to deliver services at scale. Aryaka cites partnerships with major public cloud providers including AWS, Microsoft Azure, Google and Oracle, and with security vendors such as Palo Alto Networks, Symantec and Zscaler to extend its multi‑cloud and edge security capabilities. In the last twelve months the company has added thousands of globally managed sites and reported significantly larger annual recurring revenue streams. Aryaka serves more than 800 global customers and says it is seeing larger deal sizes and continued global customer expansion. The company plans to use new funding to scale business operations, grow revenues and hire additional talent to accelerate its market momentum. Aryaka provides a global SD-WAN platform delivered as a service that combines a purpose-built private network, SD-WAN, optimization and acceleration techniques, connectivity to cloud platforms, and network visibility. The company is led by President and CEO Shawn Farshchi and recently added CFO Aidan Cullen. It is based in Milpitas, California. Aryaka now serves more than 500 global enterprise customers with sites in 63 countries. In January 2017 it completed a $45M Series D financing led by Third Point Ventures with participation from new investor Deutsche Telekom Capital Partners and existing investors. The company intends to use the funds to expand its global reach. Aryaka offers Aryaka ONE, an integrated platform that addresses WAN needs including optimized connectivity for geographically dispersed offices, application delivery, and cloud networks. The company delivers WAN Optimization-as-a-Service that creates an optimized, fully meshed network for accessing on‑premises applications and cloud services. Its platform enables globally distributed employees, customers, partners, and mobile users to reach centralized enterprise applications and public web resources from anywhere. Customers include Fortune 100 companies as well as small- and medium-sized businesses with global operations. Led by founder and CEO Ajit Gupta, Aryaka is based in Milpitas, California. The company raised funding to scale its global sales infrastructure. Aryaka, led by founder and CEO Ajit Gupta and based in Milpitas, CA, delivers an application and network performance platform for globally distributed enterprises. Its product suite includes WAN Optimization-as-a-Service, Network-as-a-Service (including Network-OnDemand), Cloud Network-as-a-Service and Application Delivery-as-a-Service, all designed to optimize connectivity and application access. All services provide end-to-end visibility and 24×7 support. The company serves hundreds of customers across more than 3,000 customer sites in 280 cities and 48 countries, across industries such as technology, manufacturing, logistics, media, financial services, architecture and government. Aryaka intends to use new funding to accelerate global expansion and move toward profitability. Aryaka is a Milpitas, Calif.-based provider of a cloud-based WAN optimization as-a-Service platform that aims to solve application and network performance issues faced by distributed enterprises. Its platform eliminates the need for expensive and complex WAN optimization appliances and long-haul connectivity, and enhances collaboration across corporate locations, data centers and cloud services. The company serves customers across six continents. It intends to use the $25M Series C funding to improve market penetration and expand its global reach. Ajit Gupta is founder, president and CEO. The company positions its service as an alternative to on-premises WAN appliances for distributed enterprise networks.

Participated · Equity · Dec 2017

Splice Machine is a San Francisco-based data platform for operational artificial intelligence that combines a scale-out SQL RDBMS, data warehouse and machine learning platform in one. It is open source and built on Apache Hadoop, HBase and Spark, and can be deployed on-premise or as a fully-managed cloud service. Led by co-founder and CEO Monte Zweben, the company powers intelligent applications used in companies' operational workflows. It serves customers in financial services, healthcare, retail, manufacturing and logistics. The company raised $16M in a Series B that brought total funding to $58M to date. Splice Machine plans to use the funds to further innovate its data platform, expand its global go-to-market team, and grow distributed engineering and customer success teams across the U.S. and around the world. Splice Machine provides an Online Predictive Processing (OLPP) platform that makes predictive analytics actionable in real-time operational applications at big data scale. Its platform unifies machine learning, analytics and transactions within a SQL relational database management system, lowering the latency, cost and complexity of predictive applications. The company says customers use the platform across financial services, healthcare, retail, manufacturing and logistics. Splice Machine is led by co-founder and CEO Monte Zweben. The company raised additional funding to continue to expand operations. The article identifies the company as based in San Francisco, CA. Splice Machine offers a relational database management system that combines in-memory technology from Spark with the scale-out capabilities of Hadoop. Its hybrid architecture and advanced resource isolation aim to replace legacy databases such as Oracle and MySQL while improving performance. The company highlights Spark-based in-memory processing and Hadoop scalability as core technical differentiators. Led by co-founder and CEO Monte Zweben, Splice Machine plans to use new funding to accelerate customer traction. The article states the company has raised approximately $31m since inception and will deploy the latest capital to grow adoption. Splice Machine provides a next-generation Hadoop RDBMS designed to scale real-time applications using commodity hardware without application rewrites. The platform enables customers to power real-time applications and operational analytics at Big Data scale. The company has been selected for the Wells Fargo Startup Accelerator program, which will run for six months. Through the accelerator, Wells Fargo mentors will guide Splice Machine and connect it with business and tech leaders inside the bank. Those connections are intended to surface opportunities to solve real problems and potentially sell the Splice Machine Hadoop RDBMS to the bank. The company is led by co-founder and CEO Monte Zweben and is based in San Francisco. Splice Machine offers a Hadoop RDBMS designed to scale real-time applications and operational analytics as customers approach Big Data scale. Its database is presented as an alternative to traditional RDBMSs such as Oracle, MySQL, IBM DB2 and Microsoft SQL Server. The product enables real-time application workloads on commodity hardware without application rewrites. The company is led by co-founder and CEO Monte Zweben and is based in San Francisco, CA. Splice Machine has previously received funding from Mohr Davidow Ventures in October 2012. It intends to use newly raised funds to accelerate product development and build out sales and marketing teams.