Battery Ventures

Battery Ventures is a Boston-based investment firm founded in 1983 that specializes in technology-focused investments. The firm targets category-defining businesses across various sectors, including application software, IT infrastructure, consumer internet and mobile services, industrial technologies, and life science tools. By identifying and supporting innovative companies within these markets, Battery Ventures aims to foster growth and development in the technology landscape. As a Registered Investment Adviser, the firm combines expertise and strategic insight to guide its investment decisions.

Roland Anderson

Principal

Alex Benik

Partner

Dallin Bills

Principal

William Binch

Operating Partner

Sudheendra Chilappagari

Vice President, Investments

Danel Dayan

Venture Investor

Morad Elhafed

General Partner

Zakary Ewen

Principal

Cornel J. Faucher

Partner

Jesse Feldman

General Partner

Russell Fleischer

General Partner

Duncan Gills

Principal

Brandon Gleklen

Principal

Luis-Luca de Haas

Analyst, Investments

Satoshi Harris-Koizumi

Principal

Margaret Hendren

Analyst

Olivia Henkoff

Venture Capital Investor

Dillon Joyce

Principal

Max-Julian Kaye

Principal

Lior Mallul

Vice President, Investments

Thomas Marchioni

Analyst, Investments

Victoria Mayzlish

Analyst, Investments

Itzik Parnafes

General Partner

Matt Penney

Vice President, Information Technology

Justin Rosner

Principal

Chris Schiavo

CFO

Collier Searle

Principal

Tate Searle

Analyst

Shiran Shalev

Partner

Zachary Smotherman

General Partner

Zack Smotherman

Partner and Private Equity Investor

Chelsea Stoner

General Partner

Gavin Tasker

Associate, Investments

Estelle Tessaro

Analyst, Private Equity

Chandler Ward

Analyst

Jordan Welu

Principal

Enzo Wiener

Associate, Investments

Peter Winans

Associate, Investments

Past deals in Hardware

Quantum Machines

Series C in 2025
Quantum Machines is a start-up focused on creating advanced control and operation systems for quantum computers. The company develops next-generation quantum controllers that translate quantum algorithms into pulse sequences, allowing organizations from various sectors to execute complex quantum algorithms and experiments efficiently. Their approach combines classical engineering disciplines, including electrical, hardware, and software engineering, with quantum computing science and technology. By leveraging expertise in algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics, Quantum Machines aims to enhance the capabilities and accessibility of quantum computing.

QSR Automations

Acquisition in 2024
Since 1996, QSR's robust and reliable restaurant software and hardware solutions have connected thousands of restaurant businesses of all sizes and concepts around the world to enhanced productivity, improved profit, and maximum guest delight. Today, QSR is widely recognized as the leader in kitchen display systems for all types of restaurants. Capitalizing on our expertise in advanced kitchen video software and hardware solutions, QSR is also helping casual and fine dining restaurants to measurably increase efficiency and create memorable guest experiences with our revolutionary in-store, online, and mobile table management and reservations solutions that leverage a powerful and unique link to the kitchen and dining room. QSR offers sales, service, and support options for our ConnectSmart:registered: and ePic:registered: products directly, as well as through our resellers who provide localized expertise. And our restaurant software and hardware solutions are interfaced with over forty point-of-sale systems. Our successful reseller and technology partnerships make it easy for restaurants to reap the benefits of QSR’s solutions, also ensuring our customers can leverage their existing technology investments today and as they grow into the future. And further leveraging our leadership and expertise, in May 2013 QSR debuted the innovative DineTime:registered: solution. With DineTime, casual and fine dining operators can effectively organize and manage waiting and seated guests via an iPad.

Nexite

Series C in 2022
Nexite Ltd, founded in 2017 and based in Tel Aviv, Israel, has developed a platform that enhances engagement with physical items for retailers and brands. The company offers a unique solution through its miniature NanoBT tags, which are battery-free, cost-effective, and can be embedded into products. This technology enables item tracking, inventory transparency, and business intelligence from manufacturing to the consumer's home. The platform provides real-time insights into customer behavior and item performance, assisting businesses in stock management, loss prevention, and optimizing in-store sales. By delivering actionable data on location and availability, Nexite's solutions facilitate improved customer experiences and support the development of new revenue streams for retailers.

Quantum Machines

Series B in 2021
Quantum Machines is a start-up focused on creating advanced control and operation systems for quantum computers. The company develops next-generation quantum controllers that translate quantum algorithms into pulse sequences, allowing organizations from various sectors to execute complex quantum algorithms and experiments efficiently. Their approach combines classical engineering disciplines, including electrical, hardware, and software engineering, with quantum computing science and technology. By leveraging expertise in algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics, Quantum Machines aims to enhance the capabilities and accessibility of quantum computing.

Quantum Machines

Series A in 2020
Quantum Machines is a start-up focused on creating advanced control and operation systems for quantum computers. The company develops next-generation quantum controllers that translate quantum algorithms into pulse sequences, allowing organizations from various sectors to execute complex quantum algorithms and experiments efficiently. Their approach combines classical engineering disciplines, including electrical, hardware, and software engineering, with quantum computing science and technology. By leveraging expertise in algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics, Quantum Machines aims to enhance the capabilities and accessibility of quantum computing.

Quantum Machines

Seed Round in 2018
Quantum Machines is a start-up focused on creating advanced control and operation systems for quantum computers. The company develops next-generation quantum controllers that translate quantum algorithms into pulse sequences, allowing organizations from various sectors to execute complex quantum algorithms and experiments efficiently. Their approach combines classical engineering disciplines, including electrical, hardware, and software engineering, with quantum computing science and technology. By leveraging expertise in algorithmics, digital signal processing, RF microwave engineering, machine learning, and quantum physics, Quantum Machines aims to enhance the capabilities and accessibility of quantum computing.

Nexite

Series A in 2018
Nexite Ltd, founded in 2017 and based in Tel Aviv, Israel, has developed a platform that enhances engagement with physical items for retailers and brands. The company offers a unique solution through its miniature NanoBT tags, which are battery-free, cost-effective, and can be embedded into products. This technology enables item tracking, inventory transparency, and business intelligence from manufacturing to the consumer's home. The platform provides real-time insights into customer behavior and item performance, assisting businesses in stock management, loss prevention, and optimizing in-store sales. By delivering actionable data on location and availability, Nexite's solutions facilitate improved customer experiences and support the development of new revenue streams for retailers.

Diablo Technologies

Series C in 2016
Diablo Technologies is a private fabless semiconductor company established in March 2002, specializing in the design of large mixed signal ASIC products. The company focuses on developing memory system interface products tailored for next-generation enterprise computing, emphasizing high data rates, low power consumption, and low latency. Diablo's offerings enhance the performance of memory system designs, particularly in virtualization, database management, financial services, and big data analytics. By utilizing deep sub-micron CMOS technology and highly integrated bridging and switching solutions, Diablo aims to improve operational efficiency and enable organizations to achieve greater business value through effective resource consolidation.

Diablo Technologies

Venture Round in 2014
Diablo Technologies is a private fabless semiconductor company established in March 2002, specializing in the design of large mixed signal ASIC products. The company focuses on developing memory system interface products tailored for next-generation enterprise computing, emphasizing high data rates, low power consumption, and low latency. Diablo's offerings enhance the performance of memory system designs, particularly in virtualization, database management, financial services, and big data analytics. By utilizing deep sub-micron CMOS technology and highly integrated bridging and switching solutions, Diablo aims to improve operational efficiency and enable organizations to achieve greater business value through effective resource consolidation.

Diablo Technologies

Venture Round in 2013
Diablo Technologies is a private fabless semiconductor company established in March 2002, specializing in the design of large mixed signal ASIC products. The company focuses on developing memory system interface products tailored for next-generation enterprise computing, emphasizing high data rates, low power consumption, and low latency. Diablo's offerings enhance the performance of memory system designs, particularly in virtualization, database management, financial services, and big data analytics. By utilizing deep sub-micron CMOS technology and highly integrated bridging and switching solutions, Diablo aims to improve operational efficiency and enable organizations to achieve greater business value through effective resource consolidation.

Diablo Technologies

Funding Round in 2012
Diablo Technologies is a private fabless semiconductor company established in March 2002, specializing in the design of large mixed signal ASIC products. The company focuses on developing memory system interface products tailored for next-generation enterprise computing, emphasizing high data rates, low power consumption, and low latency. Diablo's offerings enhance the performance of memory system designs, particularly in virtualization, database management, financial services, and big data analytics. By utilizing deep sub-micron CMOS technology and highly integrated bridging and switching solutions, Diablo aims to improve operational efficiency and enable organizations to achieve greater business value through effective resource consolidation.

Zenverge

Series D in 2011
Zenverge is a privately held fabless semiconductor company specializing in advanced solutions for digital media products. It develops content networking integrated circuits (ICs) that utilize its patented TransAll technology, essential for next-generation video services gateways. The company's offerings cater to a variety of high-volume markets, including service provider set-top boxes, media gateways, consumer electronics like Blu-ray recorders and HDTVs, as well as media PCs and headend video networking equipment. With an experienced team of industry veterans, Zenverge has successfully shipped millions of ICs that enhance the end-to-end media flow, from broadcast centers to consumer homes. Backed by prominent investors, Zenverge focuses on delivering cost-effective and innovative solutions that meet the evolving demands of digital media.

XtremIO

Series B in 2011
XtremIO, a Cupertino, CA- and Herzelyia, Israel-based developer of next generation storage solutions based on Solid State technology. XtremIO revolutionizes IT infrastructure with its all-flash, scale-out, high-availability enterprise storage array. Deployed in the data center, XtremIO’s all-flash arrays dramatically improve performance, accelerate applications, and support higher workloads at a competitive price to traditional disk arrays. Using XtremIO lowers the total cost of ownership for server as well as storage infrastructure, reduces power consumption and physical space requirements, simplifies provisioning, and eliminates complex tuning procedures for a wide range of use cases including virtual server and virtual desktop infrastructure, database consolidation, analytics and business intelligence. Founded in 2009 and based in San Jose, CA, XtremIO is backed by Battery Ventures, Giza Ventures, Jerusalem Venture Partners (JVP), and Lightspeed Venture Partners.

Zenverge

Series C in 2010
Zenverge is a privately held fabless semiconductor company specializing in advanced solutions for digital media products. It develops content networking integrated circuits (ICs) that utilize its patented TransAll technology, essential for next-generation video services gateways. The company's offerings cater to a variety of high-volume markets, including service provider set-top boxes, media gateways, consumer electronics like Blu-ray recorders and HDTVs, as well as media PCs and headend video networking equipment. With an experienced team of industry veterans, Zenverge has successfully shipped millions of ICs that enhance the end-to-end media flow, from broadcast centers to consumer homes. Backed by prominent investors, Zenverge focuses on delivering cost-effective and innovative solutions that meet the evolving demands of digital media.

Achronix Semiconductor

Series B in 2008
Achronix Semiconductor Corp. is a privately held fabless company based in Santa Clara, California, specializing in high-density and high-performance application-targeted field programmable gate arrays (FPGAs). Its flagship product line, Speedster22i, is built on Intel's advanced 22nm process technology and incorporates fully integrated hard IP protocol functions, making it suitable for communications applications. Achronix also offers Speedcore eFPGA IP for integration into customers' system-on-chip designs, as well as a comprehensive design tool suite known as the Achronix CAD Environment (ACE), which supports industry-standard synthesis tools. The company's products cater to various markets, including networking, optical/telecom, high-performance computing, test and measurement, and military and security sectors. Achronix sells its products through distributors across North America, Europe, Israel, China, and Russia. Founded in 2004, Achronix has research and development facilities in both Santa Clara and Bangalore, India.

Optichron

Venture Round in 2007
Optichron, Inc. specializes in nonlinear signal processing technology, designing and manufacturing integrated circuits that enhance cost and performance in communications applications. Founded in January 2003, the company addresses the challenge of nonlinear distortion, a significant barrier in signal processing across various industries. This distortion hinders optimal performance in areas such as communications and data conversion. Optichron's team has developed a proprietary mathematical approach that underpins a robust integrated circuit architecture, forming the basis of its linearization products. By effectively mitigating nonlinear distortion, the company's technology improves overall system design parameters, resulting in reduced component counts and improved efficiency, ultimately lowering costs and power consumption. Optichron's products find applications in diverse fields, including wireless communications, software-defined radio, medical imaging, satellite communications, radar, infrared imaging, and test and measurement instrumentation, supported by a digital pre-distortion development tool suite for design migration across multiple protocols.

Anobit Technologies

Series A in 2007
Anobit Technologies is a fabless semiconductor company that specializes in developing solutions for the Flash memory market. Founded in 2006 and based in Pituach, Israel, the company focuses on optimizing Flash memory devices for storage applications. Anobit's technology enhances the performance of NAND flash memory chips, which are integral to various consumer electronics, including iPhones, iPads, and iPods. By improving speed, endurance, and overall performance, Anobit's innovations enable clients to enhance their flash storage systems while reducing costs. In December 2011, Anobit Technologies was acquired by Apple, further integrating its advancements into Apple's product ecosystem.

Achronix Semiconductor

Series A in 2007
Achronix Semiconductor Corp. is a privately held fabless company based in Santa Clara, California, specializing in high-density and high-performance application-targeted field programmable gate arrays (FPGAs). Its flagship product line, Speedster22i, is built on Intel's advanced 22nm process technology and incorporates fully integrated hard IP protocol functions, making it suitable for communications applications. Achronix also offers Speedcore eFPGA IP for integration into customers' system-on-chip designs, as well as a comprehensive design tool suite known as the Achronix CAD Environment (ACE), which supports industry-standard synthesis tools. The company's products cater to various markets, including networking, optical/telecom, high-performance computing, test and measurement, and military and security sectors. Achronix sells its products through distributors across North America, Europe, Israel, China, and Russia. Founded in 2004, Achronix has research and development facilities in both Santa Clara and Bangalore, India.

Tejas Networks

Series D in 2006
Tejas Networks India, Ltd. develops optical transmission products and solutions. It offers Ethernet over SDH/SONET products, carrier Ethernet over NG-SDH/SONET, carrier Ethernet switching equipment, generation optical transport equipment, C/DWDM access platforms, Ethernet cards, multi-service provisioning platforms, bandwidth provisioning equipment, and SDH/SONET multiplexer equipment. The company provides software solutions, including TejEMS, an element management system that provides integrated management of network elements in an intelligent optical network; and TejNES, an embedded network element software suite resident in each network element provides control and management of individual network elements. It also offers various services, including network planning, design, and optimization; network installation, commissioning, testing, and program management; customer support and post sales activities; and training, and system integration. The company's products are used in various applications, including access networks, regional backbone, wireless backhaul, Ethernet LAN over SDH WAN, customer premise equipment, multiple-ADMs, and wideband DXC. It serves carriers/ service providers, Internet service providers/cable MSOs, Utilities, PTTs, cellular operators, and original equipment manufacturers. The company was incorporated in 2000 and is headquartered in Bangalore, India.

Luminus Devices

Series D in 2006
Luminus Devices specializes in the development, design, and manufacture of high-performance solid-state lighting solutions, focusing on its patented PhlatLight LEDs. These products are recognized for their exceptional brightness and versatility, enabling innovative applications across various sectors, including projection displays, entertainment, and general lighting. By redefining the solid-state lighting landscape, Luminus Devices has positioned its technology as a key component in products from leading global consumer and specialty companies, making previously unattainable illumination possibilities a reality.

Luminus Devices

Series C in 2005
Luminus Devices specializes in the development, design, and manufacture of high-performance solid-state lighting solutions, focusing on its patented PhlatLight LEDs. These products are recognized for their exceptional brightness and versatility, enabling innovative applications across various sectors, including projection displays, entertainment, and general lighting. By redefining the solid-state lighting landscape, Luminus Devices has positioned its technology as a key component in products from leading global consumer and specialty companies, making previously unattainable illumination possibilities a reality.

Optichron

Series B in 2005
Optichron, Inc. specializes in nonlinear signal processing technology, designing and manufacturing integrated circuits that enhance cost and performance in communications applications. Founded in January 2003, the company addresses the challenge of nonlinear distortion, a significant barrier in signal processing across various industries. This distortion hinders optimal performance in areas such as communications and data conversion. Optichron's team has developed a proprietary mathematical approach that underpins a robust integrated circuit architecture, forming the basis of its linearization products. By effectively mitigating nonlinear distortion, the company's technology improves overall system design parameters, resulting in reduced component counts and improved efficiency, ultimately lowering costs and power consumption. Optichron's products find applications in diverse fields, including wireless communications, software-defined radio, medical imaging, satellite communications, radar, infrared imaging, and test and measurement instrumentation, supported by a digital pre-distortion development tool suite for design migration across multiple protocols.

Vertical Circuits

Series B in 2005
Vertical Circuits is a global supplier of advanced die level vertical interconnect packaging technology, products, services and intellectual property for the manufacture of low-cost, ultra high-speed/high-density semiconductor components.

Tejas Networks

Series C in 2005
Tejas Networks India, Ltd. develops optical transmission products and solutions. It offers Ethernet over SDH/SONET products, carrier Ethernet over NG-SDH/SONET, carrier Ethernet switching equipment, generation optical transport equipment, C/DWDM access platforms, Ethernet cards, multi-service provisioning platforms, bandwidth provisioning equipment, and SDH/SONET multiplexer equipment. The company provides software solutions, including TejEMS, an element management system that provides integrated management of network elements in an intelligent optical network; and TejNES, an embedded network element software suite resident in each network element provides control and management of individual network elements. It also offers various services, including network planning, design, and optimization; network installation, commissioning, testing, and program management; customer support and post sales activities; and training, and system integration. The company's products are used in various applications, including access networks, regional backbone, wireless backhaul, Ethernet LAN over SDH WAN, customer premise equipment, multiple-ADMs, and wideband DXC. It serves carriers/ service providers, Internet service providers/cable MSOs, Utilities, PTTs, cellular operators, and original equipment manufacturers. The company was incorporated in 2000 and is headquartered in Bangalore, India.

Aurora Networks

Series B in 2002
Aurora develops optical transport equipment for HFC, or hybrid fiber coaxial cable networks, which are the networks of choice for cable TV operators.

Aurora Networks

Series B in 2001
Aurora develops optical transport equipment for HFC, or hybrid fiber coaxial cable networks, which are the networks of choice for cable TV operators.

Sigmatel

Venture Round in 2001
Sigmatel is a semiconductor company that designs, develops, and markets proprietary, mixed-signal integrated circuits, or ICs. Their ICs incorporate significant analog circuitry for manipulating real world signals such as sound and light, as well as digital circuitry for processing data represented by a series of ones and zeroes.

Symmorphix

Series A in 2000
Symmorphix is a new venture that is dedicated to building next-generation Amplifying Planar Integrated Components (APICs) using proprietary thin-film process technology. These compact, distributed-amplification components compensate for optical signal loss as well as improve optical networking equipment performance and scalability.

Lara Networks

Series B in 2000
Lara Networks is a fabless semiconductor manufacturer specializing in the design, development, and marketing of memory-intensive application-specific integrated circuits (ASICs) tailored for the networking and communications sectors. The company focuses on creating silicon-based packet processing solutions aimed at enhancing wide area network (WAN) infrastructure equipment. Additionally, Lara Networks provides network search engines that facilitate efficient data processing within network systems.

Sigmatel

Private Equity Round in 2000
Sigmatel is a semiconductor company that designs, develops, and markets proprietary, mixed-signal integrated circuits, or ICs. Their ICs incorporate significant analog circuitry for manipulating real world signals such as sound and light, as well as digital circuitry for processing data represented by a series of ones and zeroes.

Aurora Networks

Series A in 2000
Aurora develops optical transport equipment for HFC, or hybrid fiber coaxial cable networks, which are the networks of choice for cable TV operators.

Sigmatel

Venture Round in 1999
Sigmatel is a semiconductor company that designs, develops, and markets proprietary, mixed-signal integrated circuits, or ICs. Their ICs incorporate significant analog circuitry for manipulating real world signals such as sound and light, as well as digital circuitry for processing data represented by a series of ones and zeroes.

Lara Networks

Series B in 1999
Lara Networks is a fabless semiconductor manufacturer specializing in the design, development, and marketing of memory-intensive application-specific integrated circuits (ASICs) tailored for the networking and communications sectors. The company focuses on creating silicon-based packet processing solutions aimed at enhancing wide area network (WAN) infrastructure equipment. Additionally, Lara Networks provides network search engines that facilitate efficient data processing within network systems.
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