Samsung NEXT Ventures

Samsung NEXT Ventures, established in 2013, is a venture capital arm of Samsung Electronics, headquartered in Mountain View, California. It focuses on investing in early-stage companies within the artificial intelligence, fintech, blockchain, health technology, infrastructure, and media technology sectors. The firm typically invests a minimum of USD 1 million, supporting innovative startups that align with Samsung's strategic growth opportunities.

Royi Benyossef

Investment Director

Sam Campbell

Investor

Carlos Castellanos

Investor

Andy Duong

Investment Director

Lizzy Goldman

Investor

Joan Kim

Investor

Emily Koster

Director of Communications

Amy Lee

Investor

Raymond Liao

Vice President | Ventures Managing Director

Jonathan Machado

Managing Director, Investment

Yonatan Machado

Senior Investment Director

Eyal Miller

Managing Director, General Manager, Israel

Nick Nigam

Principal, Seed to Series B Venture Capital Investments

Caroline Rehfuss

Investor

Past deals in Internet of Things

Monogoto

Series A in 2024
Monogoto is a cloud-based cellular network provider that specializes in delivering global cellular connectivity alongside secure private LTE networks. Its API-driven Infrastructure-as-a-Service is designed to seamlessly integrate with existing enterprise IT infrastructure, offering hundreds of ready-to-use APIs. Monogoto's services cater to advanced use cases such as IoT, Private LTE, and 5G, ensuring that users can enjoy worldwide roaming capabilities and optimal continuous connectivity. The company provides full audit capabilities for network events, including anomaly detection and automated alerts, enhancing security and compliance. With a business model that eliminates capital expenditure and enables consumption on an "as-a-Service" basis, Monogoto's solution supports on-premise local breakout topologies for private networks, making it an enterprise-friendly option for organizations seeking reliable and efficient cellular connectivity. Its network spans globally, with public connectivity available in 180 countries.

Expanso

Seed Round in 2024
Expanso specializes in distributed computing, offering a platform that efficiently processes data across diverse environments, including edge, cloud, and on-premises. Leveraging open-source technology and hardware-agnostic adaptability, the platform orchestrates jobs to run directly where data is generated and stored, minimizing data transfers and enhancing privacy. This approach simplifies data management, reduces latency, and optimizes costs, making it well-suited for complex, decentralized data landscapes.

Synadia

Series B in 2024
Synadia Communications Inc. is a technology company based in Los Angeles, California, founded in 2017. It specializes in developing a global utility platform that connects digital systems, services, and devices. The company is known for its open-source messaging system, NATS.io, which supports cloud-native applications, microservices architectures, and Internet of Things (IoT) messaging. Synadia leads the development of NATS.io as a Cloud Native Computing Foundation (CNCF) project and offers a secure, globally available communications platform known as NGS, built on this technology. In addition to its core offerings, Synadia provides commercial support, consulting, non-recurring engineering (NRE) services, and training, enabling organizations to leverage its innovative solutions for modern distributed systems.

Xyte

Series A in 2024
Xyte is a developer of a hardware-as-a-service platform that provides hardware manufacturers with a comprehensive cloud-based solution for managing their connected device businesses. The platform offers a white-labeled system that allows device makers to efficiently handle their customers, resellers, and devices. By leveraging Xyte's technology, manufacturers can explore new subscription-based business models and maximize the potential of their connected products. This end-to-end platform aims to streamline operations and enhance the overall customer experience in the evolving landscape of connected devices.

Ingonyama

Seed Round in 2023
Ingonyama is a developer of advanced zero-knowledge proof (ZKP) hardware accelerators tailored for cryptographic computation. The company aims to revolutionize the integration of ZKP technology across various platforms, including data centers, mobile devices, blockchain nodes, gaming machines, and IoT devices. By combining innovative chip design with sophisticated algorithms and deep mathematical expertise, Ingonyama provides exceptional performance that allows developers to create ZK applications more rapidly and efficiently. The company's commitment to enhancing ZKP performance positions it as a leader in the field, facilitating the growth of applications that require this advanced technology.

Expeto

Series B in 2022
Expeto is a pioneering developer of a Private Mobile Networking (PMN) platform that empowers enterprises to seamlessly extend both public and private mobile networks into a secure corporate wide area network (WAN). This innovative platform allows businesses to maintain control over their data and devices, distinguishing itself from traditional hardware-heavy solutions. Expeto's software is designed for easy installation and management, whether deployed in the cloud, at the network edge, or on-premises. Offered as an affordable service, the platform simplifies the deployment and management of connected devices, enabling enterprises to oversee all operational aspects—from logistics to analytics—within the security of their own private network without dependence on third-party systems.

ZEDEDA

Series B in 2022
ZEDEDA, Inc. is a developer of cloud-native edge virtualization software that provides visibility, control, and security for IoT edge gateways, applications, and networks at the enterprise edge. Founded in 2016 and headquartered in Santa Clara, California, with additional offices in Bengaluru and Pune, India, the company offers solutions such as Edge Quick Connect for Azure IoT Edge. This software-as-a-service enables customers to manage and secure their IoT deployments through virtualization and facilitates the use of cloud-managed gateways for remote administration. ZEDEDA's platform supports a variety of applications, including predictive analytics in renewable energy and industrial automation, allowing organizations to monitor and manage real-time edge applications while avoiding vendor lock-in.

MachineFi

Seed Round in 2022
MachineFi Lab is a company focused on the development of Internet of Things (IoT) and blockchain technologies. It specializes in creating a software platform that integrates various machines, providing a comprehensive infrastructure suite. This suite includes an Ethereum Virtual Machine (EVM) blockchain, a multichain crypto wallet, a blockchain bridge, and an onboarding platform. Additionally, MachineFi Lab offers software development kits (SDKs) that empower developers to build applications and establish machine networks. Through its innovative solutions, the company aims to enhance connectivity and functionality within the IoT ecosystem.

ZaiNar

Series A in 2021
ZaiNar, Inc. is a technology company founded in 2016 and based in Menlo Park, California, specializing in automatic location tracking solutions. The company has developed a platform that utilizes radio signals to accurately track the real-time locations of various items, including cellphones, vehicles, drones, and IoT devices. ZaiNar’s innovative approach allows for positioning with a range exceeding 200 meters and sub-meter accuracy, making it a scalable and cost-effective alternative to traditional tracking methods. Its technology is particularly advantageous in dynamic industrial environments, where it enables clients to monitor assets without requiring a direct line of sight.

Terra API

Seed Round in 2021
Terra API is a developer of an online application programming interface that facilitates the transfer of health data across various platforms. The company's API allows applications to connect seamlessly with health apps, wearables, sensors, and blood laboratories. By accepting form-encoded request bodies and returning responses in JavaScript Object Notation, Terra API provides a streamlined method for application developers to enable users to share and access fitness data from multiple devices. This functionality enhances the integration of health-related technologies, promoting easier data exchange in the health and wellness sector.

Cylera

Series A in 2021
Cylera, Inc. is a cybersecurity company specializing in protecting healthcare organizations from cyber threats and malware. Founded in 2017 and based in New York, Cylera offers a comprehensive platform that integrates advanced cybersecurity solutions tailored for the Internet of Things (IoT) in healthcare. The company's patented technology enables asset management, risk analysis, and threat detection, providing a centralized approach to cybersecurity. By identifying all connected devices within healthcare environments, Cylera's software analyzes risks and vulnerabilities, allowing organizations to respond to threats in real-time. This holistic, asset-centric platform aids healthcare providers, enterprises, and government agencies in enhancing their cybersecurity posture and ensuring the safety of critical medical devices and data.

Rezilion

Seed Round in 2019
Rezilion, Inc. is a cybersecurity company that specializes in developing a cloud workload protection platform aimed at securing software and cloud networks. Founded in 2018 and based in Be'er Sheva, Israel, Rezilion offers a range of services, including dynamic whitelisting, application control, vulnerability management, and exploit prevention. Its innovative platform employs Dynamic SBOM technology to automate security operations, helping organizations identify, prioritize, and remediate software vulnerabilities more efficiently. By providing insights into software components across various environments—such as on-premises, cloud, and IoT devices—Rezilion enables clients to understand their attack surface and focus on critical vulnerabilities. The platform also streamlines the remediation process by clustering vulnerabilities and executing fixes automatically, ultimately freeing up development teams to concentrate on building rather than securing.

Cylera

Seed Round in 2018
Cylera, Inc. is a cybersecurity company specializing in protecting healthcare organizations from cyber threats and malware. Founded in 2017 and based in New York, Cylera offers a comprehensive platform that integrates advanced cybersecurity solutions tailored for the Internet of Things (IoT) in healthcare. The company's patented technology enables asset management, risk analysis, and threat detection, providing a centralized approach to cybersecurity. By identifying all connected devices within healthcare environments, Cylera's software analyzes risks and vulnerabilities, allowing organizations to respond to threats in real-time. This holistic, asset-centric platform aids healthcare providers, enterprises, and government agencies in enhancing their cybersecurity posture and ensuring the safety of critical medical devices and data.

Cylera

Seed Round in 2017
Cylera, Inc. is a cybersecurity company specializing in protecting healthcare organizations from cyber threats and malware. Founded in 2017 and based in New York, Cylera offers a comprehensive platform that integrates advanced cybersecurity solutions tailored for the Internet of Things (IoT) in healthcare. The company's patented technology enables asset management, risk analysis, and threat detection, providing a centralized approach to cybersecurity. By identifying all connected devices within healthcare environments, Cylera's software analyzes risks and vulnerabilities, allowing organizations to respond to threats in real-time. This holistic, asset-centric platform aids healthcare providers, enterprises, and government agencies in enhancing their cybersecurity posture and ensuring the safety of critical medical devices and data.

UniKey Technologies

Convertible Note in 2017
UniKey Technologies, Inc. is a provider of innovative access control solutions, specializing in smart locking technologies for residential, commercial, and hospitality applications. Founded in 2010 and headquartered in Winter Park, Florida, the company transforms smartphones into universal electronic keys, allowing users to unlock doors with a simple touch while keeping their devices in pockets or purses. UniKey's patented technology includes features that can assess whether an authorized user is inside or outside a property before granting access, enhancing security and preventing unauthorized entry. The company collaborates with prominent lock manufacturers like Kwikset and Weiser to develop smart locks, notably the Kevo system, and offers a cloud-based lock management solution tailored for multifamily properties and commercial businesses. By delivering advanced smart lock and access control technologies, UniKey addresses a wide range of security needs.

Filament

Series A in 2017
Filament builds blockchain hardware and& software solutions for enterprise and IoT. Filament’s distributed blockchain capabilities leverage open protocols so that devices are able to independently process and record transactions, ensuring digital trust. Its new trusted application software and Blocklet Chip, currently in beta, are designed to communicate and interact with multiple blockchain technologies natively. The software, implemented on existing hardware, will deliver a secure distributed ledger technology solution. The Blocklet Chip will allow industrial corporations and enterprises to seamlessly extract the value of recording and monetizing data assets, at the edge of the network, on the sensors themselves.

Bayshore Networks

Series A in 2017
Bayshore Networks, Inc. is a cybersecurity company focused on the industrial Internet of Things (IoT), established in 2012 and based in Durham, North Carolina. The company specializes in developing software solutions designed to safeguard operational technology (OT) environments from internal and external cyber threats. Its flagship product, the Bayshore IT/OT Gateway, provides critical functionalities such as granular inspection and filtering of network flows, policy building and enforcement, and the detection of industrial protocols. Bayshore's software enhances visibility for industrial enterprises, enabling them to manage and protect their applications, networks, and machinery effectively. Additionally, Bayshore Networks collaborates with major technology firms, including Cisco Systems, BAE Systems, and VMware, to deliver solutions that ensure operational continuity, data protection, and improved safety in industrial settings. The company's innovations have positioned it as a leader in the cybersecurity landscape for industrial applications.

UniKey Technologies

Venture Round in 2016
UniKey Technologies, Inc. is a provider of innovative access control solutions, specializing in smart locking technologies for residential, commercial, and hospitality applications. Founded in 2010 and headquartered in Winter Park, Florida, the company transforms smartphones into universal electronic keys, allowing users to unlock doors with a simple touch while keeping their devices in pockets or purses. UniKey's patented technology includes features that can assess whether an authorized user is inside or outside a property before granting access, enhancing security and preventing unauthorized entry. The company collaborates with prominent lock manufacturers like Kwikset and Weiser to develop smart locks, notably the Kevo system, and offers a cloud-based lock management solution tailored for multifamily properties and commercial businesses. By delivering advanced smart lock and access control technologies, UniKey addresses a wide range of security needs.

Filament

Series A in 2015
Filament builds blockchain hardware and& software solutions for enterprise and IoT. Filament’s distributed blockchain capabilities leverage open protocols so that devices are able to independently process and record transactions, ensuring digital trust. Its new trusted application software and Blocklet Chip, currently in beta, are designed to communicate and interact with multiple blockchain technologies natively. The software, implemented on existing hardware, will deliver a secure distributed ledger technology solution. The Blocklet Chip will allow industrial corporations and enterprises to seamlessly extract the value of recording and monetizing data assets, at the edge of the network, on the sensors themselves.

UniKey Technologies

Series A in 2015
UniKey Technologies, Inc. is a provider of innovative access control solutions, specializing in smart locking technologies for residential, commercial, and hospitality applications. Founded in 2010 and headquartered in Winter Park, Florida, the company transforms smartphones into universal electronic keys, allowing users to unlock doors with a simple touch while keeping their devices in pockets or purses. UniKey's patented technology includes features that can assess whether an authorized user is inside or outside a property before granting access, enhancing security and preventing unauthorized entry. The company collaborates with prominent lock manufacturers like Kwikset and Weiser to develop smart locks, notably the Kevo system, and offers a cloud-based lock management solution tailored for multifamily properties and commercial businesses. By delivering advanced smart lock and access control technologies, UniKey addresses a wide range of security needs.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.