Third Wave Ventures
345 N Maple Dr., Suite 277, Beverly Hills, CA, 90210, United States
Overview
The focus is on company building rather than on short-term returns. This is a lengthy and challenging process that requires great commitment and hard work. It is also an essence of venture capital. Its rewards include strong alignment between investors and entrepreneurs and the highest likelihood of long-term success.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Impact Investing
- Venture Capital
Investment portfolio
- On-Ramp Wireless, Inc.
Participated · Series C · Jul 2013
On-Ramp Wireless develops wireless solutions for energy automation and M2M communications, with a network purpose-built to efficiently connect billions of hard-to-reach devices in metro-scale and other challenging environments. Its Total Reach technology scales from dense urban to vast rural settings, above or below ground, enabling low-power monitoring and control applications for Smart Grid, oil & gas, water efficiency, industrial sensing, and location tracking. The company is commercializing Smart Grid and Digital Oil Field solutions and plans to open new markets that need to connect distributed corporate assets regardless of location. Its solutions have delivered measurable results—San Diego Gas & Electric used On-Ramp to reduce outage downtimes and to more accurately predict future service disruptions via distribution monitoring and automation. Oil & Gas is its fastest-growing global sector, with business-critical wireless solutions for production and delivery applications; new investor Enbridge plans to use the platform for long-range monitoring of its distributed asset base. GE Ventures is both an investor and a strategic integration partner, having embedded On-Ramp’s Total Reach in GE’s Grid IQ AMI P2MP solution; water and natural gas offerings are slated for release next year.
Team
No current team members are available.