Participated · Series B · Dec 2023

Origin AI develops WiFi Sensing technology that transforms WiFi signals into precise presence-sensing solutions. Its patented AI detects and verifies human presence, offering accuracy and security for Fortune 500 ISP, security, and IoT companies. Use cases include property security, smart automations, and eldercare. Origin AI is led by CEO Spencer Maid and is based in Rockville, MD. The company closed a $15.9M Series B extension to accelerate growth, expand its product portfolio, and bolster support for customer deliveries. Management intends to use the capital to broaden product offerings and grow its commercial business to reach a wider customer base.

Participated · Series B · Oct 2023

TileDB builds a "modern database" that consolidates multiple data modalities, reproducible runnable code, and serverless distributed compute in a single product. Its platform treats multi-dimensional arrays as a first-class data structure to handle tables, genomics, images, graphs, key-values, point clouds and more. TileDB offers an open-source ecosystem alongside a commercial product, TileDB Cloud, for secure multi-modal data management, discovery, interactive analysis and collaboration. The company emphasizes cost savings by reducing software licenses, lowering cloud consumption, and cutting data engineering time while improving governance and time-to-insight. TileDB has seen traction with Fortune 500 customers, top pharmaceuticals, hospitals, defense and government organizations, and proven use cases in life sciences, geospatial and traditional analytics. The product now supports vector search and Generative AI workloads, positioning the platform to handle embeddings, ML code and secure private LLM compute. TileDB provides a universal database that models and stores complex data as multi-dimensional arrays and enables analysis with any programming language and tool. Its product stack includes TileDB Embedded, an open-source array storage engine, and TileDB Cloud, a serverless universal database offering secure governance, distributed compute, and data, code and model sharing. The company targets challenging data domains such as point cloud, imaging, video, location data, weather, time-series and genomics and works with IT leaders to consolidate enterprise data infrastructure. TileDB emphasizes tailored performance, elastic scalability, extreme interoperability and reduced total cost of ownership by eliminating cluster management. The company says recent funding will be used to accelerate development of advanced features and to scale go-to-market functions. TileDB was spun out of MIT and Intel Labs in May 2017 and is based in Cambridge, Mass. TileDB offers a universal database that models and stores any type of data using multi-dimensional arrays and can run on any backend (cloud or on-prem) and be analyzed with any programming language or tool. The platform unifies images, tables, videos, transcript data, functional genomics, genomic variants and flat files on a single storage layer to enable secure, performant, and elastic analytics workflows. TileDB ships TileDB Embedded, an open-source array storage engine, and TileDB Cloud, which adds secure governance, access management, scalable compute and data sharing for reproducible research. The company positions its technology to reduce data wrangling, infrastructure overhead and governance costs in genomics and healthcare and to enable global-scale secure collaboration. The funding announced will be used to advance the vision and development of the TileDB universal database. TileDB has developed a universal database that models and stores diverse data types using multi-dimensional arrays, enabling analysis on any backend and with any programming language or tool. It targets complex, non-tabular data such as point cloud, genomics, imaging, video, and location data. The product suite includes TileDB Embedded, an open-source storage engine for arrays, and TileDB Cloud, which provides secure governance, sharing, access management and scalable serverless compute. The company says standardizing on arrays delivers superior performance, elastic scalability, extreme interoperability, and global-scale collaboration. The announced funding will be used to continue key projects and advance the vision and development of the universal database. Customers and partners cited include NTT DOCOMO, which is working with TileDB on Mobile Spatial Statistics and time-series modeled as versioned, sparse arrays. TileDB builds a "universal data engine": a multi-dimensional array database and serverless infrastructure (TileDB Cloud) that manages complex data beyond tables and SQL. It targets workloads such as whole-genome population data, single-cell gene data, spatio-temporal satellite imagery, and asset-trading data, and provides APIs and integrations with Spark, Dask, MariaDB and PrestoDB. Product capabilities called out include optimized storage across numerous backends, data versioning, metadata, access control, logging, and a pluggable compute model. Customers and partners cited in the articles include Capella Space, the Chan Zuckerberg Initiative (cellxgene), and Helix, which use TileDB for geospatial, single-cell transcriptomics, and population-scale genomic storage and analysis. TileDB was spun out of MIT and Intel Labs in May 2017 and is backed by Two Bear Capital, Uncorrelated Ventures, Nexus Venture Partners, Intel Capital, and Big Pi. The company says the new funding will support expanded go-to-market and continued product development for its universal data engine and TileDB Cloud.

Participated · Series D · Aug 2023

Pivotal Commware builds a mmWave product ecosystem for extending the wireless edge and increasing coverage for radio access networks, aimed at enabling Fixed Wireless Access (FWA) for mobile network operators. Its product lineup includes the Pivot 5G network repeaters that redirect mmWave signals beyond line-of-sight, Echo 5G subscriber repeaters for indoor penetration through glass, the WaveScape network planning tool, and an Intelligent Beam Management System. The company uses a patented Holographic Beam Forming antenna technology to minimize cost, size, weight, and power consumption. Pivotal offers Pivotal Turnkey Services as an end-to-end solution for planning and deploying FWA and emphasizes low total cost of ownership and fast time-to-revenue for MNOs. The company recently raised $102 million in a Series D to fund aggressive investment in Pivotal Turnkey and to develop next-generation software and hardware, supplemented by capital and cash flow from operations. Pivotal Commware is privately held and headquartered in Bothell, Washington. Pivotal Commware develops communications platforms, systems and applications built on Holographic Beam Forming (HBF) technology to enable cost-effective deployment of 5G millimeter-wave networks for mobile and fixed wireless access. Its product ecosystem includes the WaveScape network modelling tool, Pivot 5G outdoor network repeaters, Echo 5G indoor subscriber repeaters, and an Intelligent Beam Management System (IBMS) for remote management and optimization. The company says HBF antennas increase network speed, capacity and spectral efficiency while minimizing cost, size, weight and power consumption. Pivotal announced the closing of a $50 million Series C led by an affiliate of Tracker Capital Management, with participation from Devonshire Investors, DIG Investment, Thermo, Lux Capital and Bill Gates. Proceeds will be used to expand product support, distribution and R&D across its mmWave ecosystem and to extend offerings into mid-band frequencies including C-Band, CBRS and Band n53. Headquartered in Kirkland, Washington, the company positions itself to scale globally as a 5G telecom infrastructure provider. Pivotal Commware develops metamaterials-based flat-panel antennas and repeater systems intended to boost and extend millimeter-wave 5G signals. Its product lines include the Echo 5G, a customer-installed paddle-like device with an interior "power puck," and the Pivot 5G for operators to extend range and wrap signals around corners. The company demonstrated gigabit-scale indoor transmission rates in recent field trials and plans to begin shipping the Echo 5G to wireless operators in December, with broader appearances expected next year. Pivotal was spun out of Intellectual Ventures in 2016 and is based in Kirkland, Wash.; its prior investors include Bill Gates, DIG Investment, Lux Capital and Thermo Companies. Financially, the company has raised a $17M Series A in 2017 and a $22M Series B that closed last December, and has now secured $10M in convertible-debt financing. The fresh financing is intended to support the product launch and expand headcount, which is approaching 100 employees. Pivotal Commware is a Bellevue, WA–based developer of communications products that use Holographic Beam Forming (HBF). It is the exclusive licensee of metamaterials technology for terrestrial communications markets including cellular, Access-in-Motion (planes, cars, ships, trains and drones) and defense. The company's HBF products have generated significant 4G and 5G interest and been field-tested with Tier 1 operators. Pivotal is working with Globalstar to leverage its technology into future service offerings over Globalstar's terrestrial spectrum. The company was spun out of Intellectual Ventures in 2016. Financially, Pivotal raised $17M in a Series A round with backers that include The Thermo Companies, DIG Investment, Bill Gates, Lux Capital, the family office of Barry Sternlicht and others.

Participated · Series A · Jul 2023

nami is a Singapore-based multi-sensing platform and ecosystem enabler for the Internet of Things industry. It offers a full-stack platform that ingests raw sensor data, augments it into actionable metadata, and uses that data to trigger automation across IoT environments, enabling presence, motion and situation-aware services. Over the past two years nami has developed a platform for software-based sensing applications, including sensing topologies and associated intellectual property. The company targets deployments across residential and commercial buildings and plans geographic expansion to three continents. nami says it will use the $10.5M Series A financing to expand its team and its geographical presence to deploy its digital sensing infrastructure. The company was co-founded by Jean-Eudes and Jérôme Leroy; investors in the round include Verizon Ventures, Amavi Capital, INSPiRE and Aconterra.

Participated · Series B · Jul 2023

CoreTigo develops industrial wireless connectivity and automation solutions built on the IO-Link Wireless standard for factory and motion-control environments. Its technology connects robots, conveyors, machine tools and rotating units to enable cable-free designs that increase flexibility, reduce energy and maintenance, and support high-speed operations. The company targets logistics and robotics use cases and offers industrial IoT, machine optimization and data-collection capabilities for demanding environments. CoreTigo says its solutions are adopted by industry leaders and deliver greater modularity, adaptability and productivity while reducing downtime. Management frames its mission as creating more agile, resilient and adaptable manufacturing and logistics systems, and says the Amazon investment is a step to advance that mission. The round expansion led to a Series B1 totaling $18 million, joining Cardumen Capital and other strategic investors. CoreTigo develops IO-Link Wireless solutions designed to support factory digitization and automation. Based in Netanya, Israel and led by CEO Eran Zigman, the company targets machine builders and manufacturers. Its technology enables customers to connect devices and collect data from machines operating in challenging areas. The solutions aim to deliver greater control flexibility over machinery and equipment. CoreTigo positions its offerings to expand production lines' flexibility and capacity in a cost-effective manner. The company recently closed a strategic and financial investment round, indicating external investor support for its growth. CoreTigo develops IO-Link Wireless technology and products that deliver cable-grade wireless connectivity for factory automation, enabling adaptive and flexible machine design, modular production line planning, and full access to data in harsh environments. The company’s solutions target machine builders, system integrators and industrial equipment manufacturers and support sensors, actuators and industrial devices for motion control applications. CoreTigo says its IO-Link Wireless standard is embraced by industrial leaders and fits harsh factory environments. Led by co-founder and CEO Eran Zigman, the company plans to invest the new funding in customer satisfaction and to expand sales and business development globally. The company has raised a total of $27M to date following this round. CoreTigo develops industrial wireless connectivity solutions based on the IO-Link Wireless standard that enable legacy machines to be monitored and connected to the cloud. The company provides manufacturers with wireless technology to optimize industrial operations. CoreTigo was founded in 2017 and is led by CEO Eran Zigman. It intends to use the new funding to accelerate development of its core technology and IP. The company also plans to further build end-to-end solutions and expand its strategic and business partner ecosystem. No operating metrics were disclosed in the article.