Participated · Seed · Feb 2024

Octup offers a real-time AI operations platform that connects to Warehouse Management Systems (WMS), Enterprise Resource Planning (ERP) systems, and shipping services to provide unified operational data, real-time analytics, and client portals. The product is designed to enhance visibility and trust between 3PLs and their clients and to replace traditionally manual processes. Octup positions itself as a data-driven operating system for logistics, targeting modernization of the global 3PL market. The company plans to use the new funding to accelerate AI-powered product development and expand its presence in North America. Octup also intends to triple its workforce to support growth. The company recently appointed Dror Feldheim, co-founder of Trax, as Chairman of the Board to guide its global operations expansion. Octup offers a 360-degree prescriptive discovery platform that gathers, interprets, and correlates data from every facet of ecommerce operations. The platform is designed to provide complete operational visibility, reveal hidden costs, and prescribe actions to improve performance. Octup serves a global customer base across apparel, supplements, consumer electronics, skincare, cosmetics, and jewelry. The company says clients using its solution have seen overall profits increase by up to 40%. Led by CEO and founder Alon Partuk, Octup intends to use new funding to broaden rollout of its end-to-end discovery platform.

Led · Series C · Sep 2023

SQream develops a GPU-accelerated SQL analytics platform designed to process and query very large datasets for enterprise use. Its product targets verticals such as semiconductors, manufacturing, telecoms, financial services and healthcare, and its disclosed customers include Orange, Samsung, LG, Alibaba and PubMatic. The company claims significant performance and cost advantages, stating it can analyze up to 20x more data and up to 100x faster (and more recently claims up to 90% reductions in ingestion and preparation times, footprint, and up to 80% cost reductions). SQream acquired Panoply in 2021 to expand connectivity to hundreds more data sources. The team originated in 2010 and leaned on Nvidia GPUs early to enable parallel processing for BI, ML and AI workloads. Future plans noted by management include doubling down on North American growth and R&D to explore next-generation processors (optical, quantum and others). SQream develops and markets SQream DB, a data analytics acceleration platform designed to enable enterprises to analyze massive data stores. SQream DB is available both on premise and in the cloud and is used by global enterprises to scale the amount of data they analyze to hundreds of terabytes and more. The company is led by CEO and co-founder Ami Gal and is based in Tel Aviv, Israel. SQream raised $39.4M in a Series B+ funding round. The round was led by Mangrove Capital Partners and Schusterman Family Investments, with participation from existing investors including Hanaco Venture Capital, Sistema VC, World Trade Center Ventures, Blumberg Capital, Silvertech Ventures and Alibaba Group. The company intends to use the funds to recruit talent and to accelerate advancements in technology, cloud innovation, and customer delivery platforms; in conjunction with the financing Charlie Federman (Silvertech) and Roy Saar (Mangrove) joined SQream’s board. SQream develops SQream DB, an SQL analytical database that leverages thousands of parallel processing cores in NVIDIA GPUs to speed large-scale data analytics. The company says customers can analyze up to 20x more data, up to 100x faster, at as little as 10% of the cost. Unlike other GPU databases such as Kinetica and MapD that rely on in-memory storage and are limited to roughly 5 TB, SQream was built to scale to hundreds of terabytes. The Series B capital will be used to add new features to SQream DB and to grow sales, marketing and delivery teams while deepening focus on China and other regions. SQream has a collaboration with Alibaba Cloud that will give Alibaba Cloud users access to the GPU database starting in October, and new Asian customers include Thai operator AIS and India’s ACL Mobile. The company has raised a little over $40 million to date and was founded in 2010 in Tel Aviv.

Participated · Series A · Oct 2022

SwiftConnect provides a platform to manage physical office access by letting employees add digital badges to Apple Wallet or Google Wallet and use NFC-enabled door locks. The dashboard allows admins to issue room-level credentials and the company says its system is live in over 100 million square feet of office space. SwiftConnect positions itself as not requiring new reader hardware, which it says helped win enterprise clients such as Silverstein Properties. The company was founded in 2020 by Chris Kruger and Matt Kopel after they sold their prior startup, Waltz, to WeWork; Kopel conceived the idea while briefly at WeWork. SwiftConnect has a 135-person team and offices in Montreal and Stamford, and it has used prior funds for at least one acquisition (Detrios). Management plans to grow the team, expand into new geographies and pursue strategic acquisitions while emphasizing a privacy-by-design approach amid concerns about badge-based tracking and smartphone downtime. SwiftConnect provides a mobile-based NFC connected access platform that integrates with existing mobile platforms, credential technologies, and business systems to deliver centralized access management and a street-to-seat user experience. Its solution is live in over 80 million square feet across dozens of commercial real estate buildings and represents a potential opportunity of over 750 million square feet and more than one million users. Customers include Fortune 100 companies, major US and UK landlords, and leading advisory, investment, and legal firms; SwiftConnect was the first to deploy NFC mobile credentials at 7 World Trade Center. The company plans to extend its global footprint and expand customer experience teams to support a rapidly growing portfolio of enterprises and trophy buildings. SwiftConnect says its growth, including associated revenue and expense expectations, means it does not expect to need further capital unless additional strategic opportunities present themselves. The company emphasizes enterprise-grade security, operational efficiency gains, and strong product-market fit as drivers of adoption. SwiftConnect provides cloud services that tie together credential providers, reader terminals and business systems to automate identity, credentialing and permissioning for office spaces via mobile devices. Employees can add badges to Apple Wallet on iPhone or Apple Watch to gain NFC-enabled access without installing new reader hardware. The company also offers tools for space booking, visitor and meeting management and has a collaboration with Microsoft to build experiences on Microsoft Places. SwiftConnect has been deployed by large real estate clients such as Silverstein Properties at 7 World Trade Center. The startup was founded in 2020, has 70 employees and expected to reach 80 by the end of 2022. Management declined to disclose revenue or customer count; the company says it has product-market fit and significant inbound interest from new verticals and geographies. SwiftConnect offers a software-only platform that integrates with existing building- and suite-level access control systems to consolidate disparate providers into a single cloud-enabled network. Its product allows employees to use a single credential to access multiple locations and enables owners and enterprises to centrally provision and revoke access without ripping and replacing hardware. The company emphasizes rapid deployment—buildings can be networked in just a few hours—and claims partnerships and rollouts with large owners, including Silverstein Properties, targeting over 50 million square feet by year-end. SwiftConnect launched in June 2020 and is led by CEO Chip Kruger and President Matt Kopel, who previously partnered on Waltz (acquired by WeWork). The business will use new capital to hire, scale its software offerings, and bolster strategic partnerships with real estate firms and enterprises. The platform targets the shift to flexible space consumption that JLL research projects will affect at least 30% of the office market over the next decade.

Led · Seed · Sep 2022

Onyxia provides an AI-powered cybersecurity strategy, management, and performance SaaS platform that enables enterprise security professionals to understand their cybersecurity posture in real time. Leveraging AI, the platform personalizes remediation recommendations and keeps pace with an ever-changing security landscape. It delivers actionable insights that help security teams define their security environment solutions and close vulnerable gaps before they emerge. Led by CEO Sivan Tehila, the company plans to use the seed funding to accelerate automation development, expand staff, and enhance platform design. The company raised $5M in seed funding in a round led by World Trade Ventures with participation from Silvertech Ventures. Onyxia is New York-based.

Participated · Series A · Jun 2022

RevelSecurity offers an Application Detection and Response platform that monitors user journeys in enterprise applications to detect malicious insiders and impersonators. Its detection system is applied across SaaS, cloud and custom-built applications using application-specific rules, user-journey analytics and a clustering engine to surface abnormal journeys. The company was co-founded by Chief Architect Adi Degani, CEO Doron Hendler, and CTO David Movshovitz. RevelSecurity has established an advisory board of experienced international CISOs, including Charles Blauner, Ronit Gindes, Jim Routh, Bonnie Stith and Sounil Yu. The company said it will use the funds to accelerate global expansion and product development. RevelSecurity is based in Tel Aviv, Israel.