• Backbone Software

  Participated · Seed · Apr 2022

  Backbone offers a browser-based supply-mesh platform that virtualizes decentralized supply chains and surfaces replacement vendors to respond to disruptions in real time. The product aggregates production compliance, yields, and audit reporting data into a visual dashboard and estimates item costs while accounting for supply chain variability. It is customizable for regulated industries such as pharma and agriculture and initially engaged with cannabis and hemp suppliers. Backbone plans to expand into agriculture, hemp, cosmetics, and pharmaceuticals and to facilitate cannabis transactions between the U.S. and U.K. The company says it has over 100 customers, about 65 employees, and is on track to triple revenue for the second time in two years.

• FiscalNote

  Participated · Equity · Dec 2020

  FiscalNote delivers legislative and regulatory data, policy news and analysis, stakeholder management, collaboration and advocacy tools to customers worldwide. The company serves more than 4,000 clients, including the U.S. Centers for Disease Control and Prevention, the Federal Reserve Board, 3M, AstraZeneca and the American Hospital Association. Led by Founder & CEO Tim Hwang, FiscalNote operates offices in the US, Belgium, India and Korea. The product suite focuses on aggregating and analyzing regulatory and legislative information to help organizations manage policy risk and advocacy. FiscalNote intends to use recent financing to accelerate technology and service development, pursue strategic acquisitions, expand into new international markets and refinance existing debt. FiscalNote builds a platform for analyzing government risk, using proprietary code to parse millions of regulatory and legislative actions and generate actionable insights for investor, compliance, and legal professionals. Its product suite includes powerful legislative searching, tracking, and forecasting tools alongside federal and state regulatory data and analytics. The company offers a mobile application that lets users access and analyze every bill at every stage from all fifty states, D.C., and Congress. FiscalNote's customers include Southwest Airlines, Aetna, Lyft, the Democratic Governors Association, VMWare, Planned Parenthood, Allergan, the University of Virginia, and the Natural Resources Defense Council. The company emphasizes design and real-time analytics and says it aims to unlock legislative and regulatory data with best-in-class analytics, insights, and predictions. Financially, the company has raised multiple rounds and recently completed a financing that increased its total funding to over $30 million. Founded in 2013 by CEO Tim Hwang, FiscalNote provides legislative searching, tracking, and forecasting products built on artificial intelligence and design. Its flagship product is Prophecy, and the company said it will introduce a regulatory product called Sonar later this year. FiscalNote's product suite is used by customers including Uber, the Democratic and Republican Governors Associations, VMWare, Planned Parenthood, United Therapeutics, Allergan, Auction.com, and the Natural Resources Defense Council. In March 2015 FiscalNote raised $10M in a Series B funding round to support expansion into new markets. The company previously raised a $7M Series A in November 2014. FiscalNote provides the Prophecy platform, which applies artificial intelligence to real-time and historic legislative data and offers search and advanced notification functionality. The Prophecy platform was launched in early 2014. Customers include Planned Parenthood, New Balance, VMware, Natural Resource Defense Council, Ally Financial, Allergan, both the Republican and Democratic Governors Associations, and the University of Virginia School of Law. FiscalNote closed a $7M Series A led by Visionnaire Ventures with participation from AME Cloud Ventures, NEA, Green Visor Capital, Winklevoss Capital and angel investor Duke Chung. The company intends to use the funds to continue content expansion, increase engineering capacity to cover information domestically and globally, and grow its sales and marketing teams. FiscalNote was co-founded by CEO Tim Hwang, Jonathan Chen and Gerald Yao. FiscalNote aggregates legislative data posted to public sources to help businesses stay up-to-date with state and local legislation. It is developing the PoliticalGenome Project, which analyzes bill language and the histories of legislators to predict a bill's success. The nine-person startup uses machine learning and natural language processing and plans to boost its algorithm and expand its ML/NLP team. FiscalNote is conducting a closed beta with customers that include legal and marketing departments within Fortune 500 companies, national advocacy groups, and financial institutions. Founders include CEO Tim Hwang, CTO Jonathan C. Chen, and CFO Gerald Yao, and the advisory board includes Chris Lu, Youngsuk "Y.S." Chi, and LegalZoom CEO John Suh. The company intends to expand beyond legislation into other industries and geographies.

• Point2 Technology

  Led · Series A · Dec 2017

  Point2 Technology develops RF signaling-based interconnect platforms—branded Active RF Cable and e-Tube—that use RF over plastic waveguides to connect accelerators and scale rack-level compute. Its technology aims to extend reach compared with copper, lower power and cost versus optical approaches, and deliver ultra-low latency without laser-based systems. The platform supports multiple form factors including pluggable cables, near-package modules, and co-packaged solutions for accelerator-to-accelerator communication. Point2 is moving from development toward commercialization and deployment and is expanding engineering and systems teams to support that transition. The company has garnered industry recognition such as a BloombergNEF Pioneers award and recently raised $76 million in a Series B extension to fund commercialization and continued product development.

• Voke

  Participated · Series A · Mar 2016

  Voke builds stereoscopic, panoramic camera systems to produce 3D live streams that can be broadcast to VR headsets and 2D streams for mobile devices, tablets, and TV. Its VR experiences offer multiple viewpoints, instant seat changes, pause/rewind functionality, and graphic overlays (for sponsorships and game details such as first-down lines). The company has strategic partnerships with professional teams including the Sacramento Kings and the Jacksonville Jaguars and has delivered live VR streams such as the Kings’ season opener to fans in Mumbai. Voke was founded by Sankar (Jay) Jayaram and Uma Jayaram, who originally developed the technology and tested experiences at Washington State University. The company is now based in Silicon Valley and is advised by entertainment and sports figures including Marc Anthony; Jeff Jonas serves as CCO. Voke plans to use new funding to secure more top sports for live streaming in VR.

• Maluuba

  Participated · Series A · Jan 2016

  Maluuba is a deep-learning company that aims to enable machines to think, reason and communicate with human-like intelligence. Its technology powers interactive natural language and conversational dialogue experiences in over 50 million smart devices globally across IoT, mobile phones and smart TVs. The platform supports more than 10 languages and is provided to industry OEMs including LG. The company intends to use the new capital to further enhance its deep learning research and development and to expand its product in the automotive and IoT sectors. Led by co-founder and CEO Sam Pasupalak, Maluuba strengthened its board as part of the financing and appointed Dave Grannan as chairman. The company has now raised C$12m ($8.3m) in total funding to date following the Series A.

No current team members are available.