WRVI Capital

WRVI Capital is a prominent venture capital firm established in 2000, specializing in investments in early-stage technology companies worldwide. With offices in California, Israel, India, and China, the firm combines extensive investment and operational experience, totaling over 400 years among its management team and investment professionals. WRVI Capital focuses on supporting exceptional entrepreneurs and disruptive technologies that have the potential to shape the future. In addition to its investment activities, the firm provides advisory services through IndusAge, offering expertise in enterprise innovation and scaling, addressing key operational areas such as strategic direction, revenue management, and governance. By leveraging a deep network of strategic relationships, WRVI Capital aims to drive business growth and enhance enterprise value for its portfolio companies.

Arun Kumar

Managing Partner

Michael Marks

Founding Managing Partner

Niel Ransom

Partner

Past deals in ASIC

Stathera

Series A in 2023
Stathera is a manufacturer focused on revolutionizing the global timing market by transitioning from Quartz-based to MEMS-based devices. The company produces oscillator boards that deliver ultra-stable, low jitter, and temperature-insensitive frequency outputs in the kHz and MHz ranges. Stathera's boards feature true dual-output MEMS oscillators, allowing for the replacement of two traditional quartz oscillators. This innovation simplifies system design, reduces the bill of materials, minimizes current consumption, and lowers overall system costs. The applications for these advanced oscillators span across various sectors, including wearables, Internet of Things (IoT) devices, and smartphones. By addressing issues such as premature failure and shorter battery life, Stathera aims to enhance performance and reliability for its clients.

Auradine

Series A in 2023
Auradinescalability, sustainability and security solutions for the infrastructure, enabled by revolutionary blockchain, security, zero-knowledge and AI technologies.

Alif Semiconductor

Venture Round in 2022
Alif Semiconductor, Inc. specializes in developing wired and wireless embedded processing solutions aimed at enhancing connectivity and performance across various sectors, including industrial, medical, infrastructure, consumer, automotive, and security. Incorporated in 2019 and headquartered in Pleasanton, California, the company operates a system-on-chip (SoC) design center in Irvine, California, and a communications technology center in Bengaluru, India. Alif Semiconductor focuses on creating innovative edge processing solutions that are secure, low-power, and high-performance, thereby transforming how developers approach connected systems in a cost-effective manner.

Innovium

Series F in 2020
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

CNEX Labs

Series E in 2020
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

CNEX Labs

Series E in 2020
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

Eta Compute

Debt Financing in 2020
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

CNEX Labs

Series E in 2020
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

CNEX Labs

Series E in 2020
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

Innovium

Series E in 2019
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Eta Compute

Series B in 2019
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

Eta Compute

Series B in 2019
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

Fungible

Series C in 2019
Fungible, Inc. is a technology company that develops hardware and software solutions specifically for cloud data centers. Founded in 2015 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Fungible aims to enhance data movement through its innovative chip technology, which is characterized by low latency, high throughput, and programmability. The company's offerings include a full-stack infrastructure software that leverages standard components, protocols, and interfaces, focusing on improving the economics, security, and reliability of cloud data centers. With a team that has extensive experience in networking, silicon, and software industries, Fungible is positioned to address the evolving requirements of modern cloud infrastructure.

CNEX Labs

Series D in 2019
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

Lion Semiconductor

Series B in 2019
Lion Semiconductor Inc. is an electronics company based in San Francisco, California, with additional offices in Seoul, South Korea, and Shenzhen, China. Founded in 2012, it specializes in developing power and battery management integrated circuits (ICs) aimed at enhancing the performance of mobile electronics. The company's product portfolio includes battery charger ICs and single-chip power management ICs, employing a proprietary switched-capacitor architecture with digital control to achieve over 98% efficiency. These innovations enable ultra-fast wired and wireless charging solutions, as well as extended battery life for mobile devices.

Eta Compute

Seed Round in 2018
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

Innovium

Series D in 2018
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Eta Compute

Series A in 2017
Eta Compute, Inc., founded in 2015 and located in Thousand Oaks, California, specializes in advanced artificial intelligence processing solutions. The company focuses on overcoming battery capacity limitations in various industrial and consumer applications, enhancing safety, health, and convenience while ensuring privacy and security. Eta Compute's patented Continuous Voltage and Frequency Scaling (CVFS) technology provides a highly efficient embedded platform, achieving the lowest power consumption in the industry. This innovation enables exceptional machine intelligence in energy-constrained devices, positioning Eta Compute as a leader in the development of power-efficient AI solutions.

Fungible

Series B in 2017
Fungible, Inc. is a technology company that develops hardware and software solutions specifically for cloud data centers. Founded in 2015 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Fungible aims to enhance data movement through its innovative chip technology, which is characterized by low latency, high throughput, and programmability. The company's offerings include a full-stack infrastructure software that leverages standard components, protocols, and interfaces, focusing on improving the economics, security, and reliability of cloud data centers. With a team that has extensive experience in networking, silicon, and software industries, Fungible is positioned to address the evolving requirements of modern cloud infrastructure.

CNEX Labs

Series C in 2017
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

CNEX Labs

Series C in 2017
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

Innovium

Series C in 2016
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Aura Semiconductor

Series A in 2016
Aura Semiconductor Private Limited is a fabless semiconductor company based in Bengaluru, India, founded in 2010. The company specializes in developing integrated circuit (IC) products tailored for the Internet of Things (IoT) radios, timing applications, and portable audio markets. Aura's product offerings include radio frequency transceivers for IoT devices, analog mixed signal solutions, ultra-low jitter fractional-N synthesizer technology, as well as speakerphone and headphone amplifiers. By focusing on innovation, Aura Semiconductor aims to deliver high-performance solutions that meet the evolving needs of its target markets.

Fungible

Series A in 2016
Fungible, Inc. is a technology company that develops hardware and software solutions specifically for cloud data centers. Founded in 2015 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Fungible aims to enhance data movement through its innovative chip technology, which is characterized by low latency, high throughput, and programmability. The company's offerings include a full-stack infrastructure software that leverages standard components, protocols, and interfaces, focusing on improving the economics, security, and reliability of cloud data centers. With a team that has extensive experience in networking, silicon, and software industries, Fungible is positioned to address the evolving requirements of modern cloud infrastructure.

Innovium

Series B in 2015
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Credo Technology

Series A in 2015
Credo Technology specializes in mixed-signal semiconductor solutions aimed at the data center, enterprise networking, and high-performance computing sectors. The company offers advanced Serializer-Deserializer (SerDes) intellectual property (IP) and interconnect solutions that enhance bandwidth and ensure robust signal integrity across platforms requiring 25G, 50G, and 100G connectivity. Credo’s product lineup includes line card solutions such as retimers and gearboxes, as well as optical Digital Signal Processing (DSP) solutions that support high-capacity optical interconnects for cloud-scale and hyperscale data center deployments. Additionally, the company provides HiWire active electrical cables and customized SerDes IP and chiplets for applications in artificial intelligence and high-performance computing. Founded in 2008 and headquartered in San Jose, California, Credo operates additional offices in Taiwan, China, Hong Kong, and Japan, positioning itself to meet the growing demands of the data infrastructure market.

Lion Semiconductor

Series A in 2015
Lion Semiconductor Inc. is an electronics company based in San Francisco, California, with additional offices in Seoul, South Korea, and Shenzhen, China. Founded in 2012, it specializes in developing power and battery management integrated circuits (ICs) aimed at enhancing the performance of mobile electronics. The company's product portfolio includes battery charger ICs and single-chip power management ICs, employing a proprietary switched-capacitor architecture with digital control to achieve over 98% efficiency. These innovations enable ultra-fast wired and wireless charging solutions, as well as extended battery life for mobile devices.

CNEX Labs

Series B in 2015
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

CNEX Labs

Series B in 2015
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

Innovium

Series A in 2015
Innovium, Inc. develops and deploys switching silicon solutions for cloud, enterprise, and edge data centers in the United States and internationally. It offers TERALYNX 7 for large scale public and private cloud; and TERALYNX 5 for ToR, enterprise, Edge, and 5G data centers. The company also provides Network OS, a cloud, OEM, open-source network operating system; open source and standard APIs; and TERALYNX software development kit. Innovium, Inc. was incorporated in 2014 and is headquartered in San Jose, California with a location in Bengaluru, India.

Altair Semiconductor

Series F in 2014
Altair Semiconductor Ltd. is a fabless semiconductor company based in Hod Hasharon, Israel, specializing in the development of LTE chipsets for global Tier-1 operators. Founded in 2005 by former Texas Instruments executives, the company focuses on providing integrated chipsets for various cellular IoT applications, including Cat-M1, NB1, and CAT-1 IoT chipsets, as well as high-speed broadband access solutions like CAT-4 and CAT-12 chipsets. Altair's products support a wide array of applications, such as smart metering, wearables, connected vehicles, and security systems. The company collaborates with global original equipment manufacturers and original design manufacturers to deliver modules tailored for both industrial and consumer IoT uses. Altair Semiconductor operates as a subsidiary of Sony Corporation, enhancing its capabilities in the rapidly evolving semiconductor market.

CNEX Labs

Series A in 2014
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

CNEX Labs

Series A in 2014
CNEX Labs, Inc. is a developer of semiconductor storage solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM/Open-Channel operations. Founded in 2013 and headquartered in San Jose, California, the company also has offices in Copenhagen, Shanghai, Hangzhou, and Tokyo. CNEX's products are designed for cloud, hyperscale, and enterprise data centers, offering high performance, low and predictable latency, and flexibility for software-defined storage. The controllers facilitate enhanced capabilities in big data computing and analytics, allowing customers to create differentiated SSD solutions across various form factors such as M.2, U.2, and EDSFF. By partnering with solid-state storage manufacturers and systems customers, CNEX Labs aims to drive innovation in storage technologies necessary for modern data demands.

Lion Semiconductor

Seed Round in 2013
Lion Semiconductor Inc. is an electronics company based in San Francisco, California, with additional offices in Seoul, South Korea, and Shenzhen, China. Founded in 2012, it specializes in developing power and battery management integrated circuits (ICs) aimed at enhancing the performance of mobile electronics. The company's product portfolio includes battery charger ICs and single-chip power management ICs, employing a proprietary switched-capacitor architecture with digital control to achieve over 98% efficiency. These innovations enable ultra-fast wired and wireless charging solutions, as well as extended battery life for mobile devices.
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