STIC Investments

H2 is a Korea-based energy storage company specializing in vanadium redox flow batteries (VRFB). It develops and manufactures energy storage systems, including EnerFLOW series such as EnerFLOW 410 and EnerFLOW 420, designed for small- to large-scale applications and long-duration storage. The company is based in Daejeon, South Korea. Its VRFB technology supports microgrids, renewable integration, and utility-scale deployments, delivering flexible power and enabling reduced CO2 emissions and improved energy efficiency. H2 offers engineering services tailored to customer needs and focuses on large-scale energy storage solutions.

H Energy provides optimal operation of distributed resources and power brokerage services.

Nox is a luxury vinyl tile manufacturer based in Seoul, South Korea, specializing in the design and production of eco-friendly vinyl, wood, and ceramic floor tiles. The company employs innovative technology and a rigorous quality control process to create non-adhesive flooring options in various colors and patterns, ensuring high standards and minimal defects. With a strong foundation in chemical engineering, Nox aims to be a premier manufacturer in the industry, developing products for companies that seek to leverage private label or established brand recognition.

CHA Healthcare operates hospitals and clinics worldwide, offering comprehensive healthcare services from pre-care to post-care. Its focus includes general acute care hospitals and IVF clinics, aiming to provide reliable care and advanced treatments.

PineTree Therapeutics is a biotechnology company focused on developing innovative therapies in the fields of oncology and immuno-oncology. The company specializes in creating biological therapeutics that address unmet medical needs, particularly in treating solid tumors and infectious diseases. Utilizing advanced technologies, including tumor-associated essential receptor-targeting antibodies and virus-targeting recombinant agents, PineTree Therapeutics aims to empower healthcare professionals in the development of effective anticancer treatments. Through its commitment to addressing critical health challenges, the company seeks to enhance patient outcomes in the oncology landscape.

Zeno Health is a retail pharmacy chain in India that specializes in providing affordable generic medicines. The company offers WHO-GMP-certified generic alternatives to help households significantly reduce their medical expenses. With a focus on accessibility, Zeno Health operates both physical stores and an online platform, providing a wide range of medications, including their exclusive product line, GoodAid. Each location is staffed with pharmacy consultants who assist customers in understanding their prescribed medications, ensuring they are well-informed before making a purchase. Zeno Health aims to enhance healthcare accessibility and affordability for individuals dealing with chronic conditions, recurring diseases, and general health needs.

Okestro offers cloud and AIOps software solutions through its integrated management platform, which is designed to enhance multi-hybrid cloud operations. The platform focuses on optimizing IT functions by utilizing data collection and analysis, artificial intelligence for learning and predictions, and techniques for cloud optimization and anomaly detection. This enables a variety of clients, including cloud service providers, managed service providers, and public-private partnerships, to improve their operational efficiency and effectively manage their cloud environments.

Musicow, Inc. is a company based in Seoul, South Korea, that operates an online platform facilitating the investment in music copyrights. Founded in 2017, Musicow allows musical artists to share their copyright with fans, enabling fans to invest in K-Pop songs through a public auction or an online marketplace. The platform offers users the ability to buy and sell fractional ownership of music rights, thereby creating opportunities for fans and investors to earn royalties based on the streaming and usage of the songs. Additionally, Musicow features a secondary marketplace for music copyright trading and project financing, enhancing participation in the music industry and allowing for potential returns on investments.

Bespin Global provides consulting, migration, and managed services for hybrid cloud, delivering architectures optimized for diverse industries and enabling automated multi-cloud IT operations across platforms such as AWS and Microsoft Azure. The company helps clients accelerate digital transformation by leveraging cloud capabilities, offering a platform-based approach to cloud management, optimization, and seamless operation of cloud-based workloads.

Virtual Internships is a company focused on transforming talent acquisition and career development by providing virtual internship opportunities that promote accessibility and inclusivity. By leveraging technology and a global network of partners, it aims to eliminate barriers to employment and support career growth for students and job seekers. The company offers a range of internships for both university and high school students, emphasizing the development of professional skills necessary for today's job market. This approach enables candidates to gain valuable work experience in a flexible manner, accommodating their academic and work commitments while preparing them for impactful careers worldwide.

Carrot General Insurance is a digital provider specializing in customizable non-life insurance. It offers a broad range of products such as general, auto, travel, family, and liability coverage.

TeamFresh is a cargo and freight company that provides logistics services.

Ninjacart operates an online business-to-business platform in India that connects farmers, manufacturers, and brands with retailers and restaurants to streamline the fresh produce supply chain. The platform enables direct sourcing of fruits and vegetables from farmers to merchants, leveraging data-driven infrastructure and networks to meet store-specific needs through local managers, resulting in faster, more cost-effective procurement. Founded in 2015 and headquartered in Bengaluru, the company focuses on creating a lean, connected distribution model that improves efficiency for retailers and reduces intermediaries in the supply chain.

Musicow, Inc. is a company based in Seoul, South Korea, that operates an online platform facilitating the investment in music copyrights. Founded in 2017, Musicow allows musical artists to share their copyright with fans, enabling fans to invest in K-Pop songs through a public auction or an online marketplace. The platform offers users the ability to buy and sell fractional ownership of music rights, thereby creating opportunities for fans and investors to earn royalties based on the streaming and usage of the songs. Additionally, Musicow features a secondary marketplace for music copyright trading and project financing, enhancing participation in the music industry and allowing for potential returns on investments.

CoolMate is a Vietnamese menswear brand that specializes in a diverse range of apparel and accessories for men, including sportswear, office attire, and everyday clothing. The company operates exclusively online, utilizing its own e-commerce website as well as popular e-commerce platforms in Vietnam. Headquartered in Hanoi and Ho Chi Minh City, CoolMate focuses on the design, weaving, dyeing, cutting, and finishing of various products such as t-shirts, underwear, shorts, joggers, caps, and belts. By offering stylish and trendy options at reasonable prices, CoolMate aims to meet the fashion needs of modern men in Vietnam.

BIORCHESTRA is a biotech company that develops RNA-based therapeutics for treating neuroinflammatory diseases. They focus on changing the therapeutic paradigm from treating the symptoms to providing a fundamental cure for diseases. BIORCHESTRA develops neuroinflammatory disease therapeutics, with a particular emphasis on comprehensive patient care. BIORCHESTRA's complementary discovery platforms range from diagnosis to treatment monitoring.

Rsquare is a real estate startup founded by a group of Harvard graduates, specializing in providing brokerage services in South Korea. The company offers a comprehensive directory listing platform that enables users to search for vacant office spaces across various localities. In addition to helping clients locate commercial properties, Rsquare also provides support with interior design and office furniture, ensuring a seamless transition for businesses seeking new office environments. Through its services, Rsquare aims to make the process of finding and setting up office spaces more efficient and cost-effective for its users.

Tiki is an e-commerce company that operates a comprehensive platform offering a diverse array of products across multiple categories, including electric appliances, fashion accessories, mobile devices, and health products. With a catalog of over 300,000 items, Tiki partners with various global brands to enhance its product offerings. The company emphasizes customer satisfaction through efficient logistics and reliable customer service, creating a secure and convenient shopping experience that allows customers to explore and purchase a wide variety of products from a single, user-friendly platform.

Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.

HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its establishment in 2015. The company aims to simplify the grocery shopping experience by providing a platform where customers can order groceries from local stores and have them delivered directly to their doors. With a focus on high-quality service, HappyFresh employs trained personal shoppers who ensure that customers receive fresh and carefully selected products. This approach alleviates the challenges associated with traditional grocery shopping, such as parking, navigating aisles, and carrying heavy bags, allowing customers to save time and enjoy a more convenient shopping experience. HappyFresh has gained recognition as one of Asia's best companies to work for, reflecting its commitment to both customer satisfaction and employee welfare.

Carrot General Insurance is a digital provider specializing in customizable non-life insurance. It offers a broad range of products such as general, auto, travel, family, and liability coverage.

CoolMate is a Vietnamese menswear brand that specializes in a diverse range of apparel and accessories for men, including sportswear, office attire, and everyday clothing. The company operates exclusively online, utilizing its own e-commerce website as well as popular e-commerce platforms in Vietnam. Headquartered in Hanoi and Ho Chi Minh City, CoolMate focuses on the design, weaving, dyeing, cutting, and finishing of various products such as t-shirts, underwear, shorts, joggers, caps, and belts. By offering stylish and trendy options at reasonable prices, CoolMate aims to meet the fashion needs of modern men in Vietnam.

Hansoll Textile is a global textile company that manufactures and exports mainly knit apparel.

Grab Financial Group provides financial services across payments, rewards, lending, and insurance. A seamless point-of-sale (POS) system for merchants and a trusted mobile wallet of choice in Southeast Asia for payments such as in-store purchases, Grab transactions, and fund transfers.

Vpon Inc., established in 2008, is a leading big data company specializing in mobile advertising and user behavior forecasting. Headquartered in Taipei, Taiwan, with offices in Hong Kong, Shanghai, Singapore, and Tokyo, the company provides a range of solutions including performance optimization, branding, cross-border marketing, and traffic monetization. Vpon's platform offers a data management platform, demand-side platform, in-app and mobile ad network, and data acquisition channels, along with data scientist and campaign manager services. With extensive media resources and advanced big data analytics, Vpon serves clients across 12 Asia-Pacific countries, reaching over 21 billion biddable inventories and covering 900 million unique devices monthly. The company has raised multiple funding rounds and been recognized for its excellence, winning awards such as the Bronze award for Greater China Specialist Agency of the Year in 2016 and 2017.

SYSTRAN is a pioneering company in the field of machine translation, founded in 1968. It specializes in providing advanced and secure enterprise language translation solutions designed for businesses to communicate effectively across multiple languages. With a commitment to research and development, SYSTRAN has introduced innovative technologies, including its Neural Machine Translation solutions, which leverage neural network capabilities for enhanced translation accuracy. The company's software is compatible with various platforms, including desktops and enterprise servers, allowing organizations to improve multilingual communication through intelligent translation alternatives and user-driven learning. By focusing on usability and productivity, SYSTRAN supports its clients in navigating the complexities of global communication.

Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

Joyvio Group is an investment and operations company primarily focused on the modern agriculture and food industries, and is a part of the Legend Holdings portfolio. It is recognized as the largest end-to-end fruit company in China, with extensive farming operations both domestically and internationally. The company boasts advanced breeding programs, engineering and technology offices, as well as sorting, processing, and logistics facilities. Additionally, Joyvio Group has developed a strong branding and marketing network. Beyond fruit production, the company is actively expanding its investments in the tea and wine sectors. Its diverse portfolio includes various subsidiaries, such as Joyvio (Qingdao) Fruits Company Ltd. and Sichuan Zhongxin Agricultural Technology Company Ltd., reflecting its commitment to enhancing the quality and safety of food products while promoting modern agricultural practices in China.

Lotte Energy Materials Corp is a South Korea-based manufacturer specializing in thin copper foils, referred to as elecfoil, which are essential components in printed circuit boards for electronic devices. The company is renowned for its commitment to high-quality production and significant export sales. In addition to elecfoil, Lotte Energy Materials offers a diverse product portfolio that includes industrial diamonds, components for rechargeable batteries, touch screen panels, seamless steel tubes, extra-high voltage cables, heavy electric machines, ultrasonic medical devices, and LED lighting. This broad range of products highlights the company's strategic focus on advanced materials for various high-tech applications.

Carplat is an integrated mobility platform that provides car rental and community car-sharing services.

Dunzo is a hyper-local delivery app based in Bengaluru, India, that connects users with the nearest delivery partners to facilitate the delivery of various items, including groceries, food, medicines, and pet supplies. Established in 2015, Dunzo aims to enhance the retail landscape by providing micro, small, and medium-sized enterprises with digital tools to streamline eCommerce sales. The platform also offers a concierge service that helps users manage their everyday tasks by connecting them with merchants and contractors for services such as shipping, repairs, and home assistance. Through its comprehensive approach, Dunzo aims to simplify the lives of consumers while supporting local businesses.

Carplat is an integrated mobility platform that provides car rental and community car-sharing services.

M.MONSTAR is a software development firm that specializes in e-commerce solutions for fashion shopping malls.

Masan Group Corporation is an investment holding company based in Ho Chi Minh City, Vietnam, primarily engaged in the manufacture, retail, and distribution of food and beverage products. Its operations are organized into several segments, including Masan Consumer Holdings, Masan MEATLife, and Masan Resources. The company offers a diverse range of products such as sauces, seasonings, instant noodles, processed meats, and beverages, marketed under well-known brands like Chin-su, Vinacafé, and Omachi. Masan Group also operates a retail chain that includes approximately 132 supermarkets and 2,900 mini-marts. In addition to its food and beverage business, the company is involved in producing animal protein and exploring mineral resources, particularly in the Nui Phao polymetallic project. Established in 2004, Masan Group aims to capitalize on Vietnam's consumption trends and resource potential, positioning itself as a leader in both sectors while striving to provide value to shareholders.

Bespin Global provides consulting, migration, and managed services for hybrid cloud, delivering architectures optimized for diverse industries and enabling automated multi-cloud IT operations across platforms such as AWS and Microsoft Azure. The company helps clients accelerate digital transformation by leveraging cloud capabilities, offering a platform-based approach to cloud management, optimization, and seamless operation of cloud-based workloads.

swIDch is an information technology company that provides secure authentication through dynamic codes generated by a patented algorithm, enabling offline authentication in network-less environments. Founded in 2015 and based in London, it serves digital identity and payment contexts by allowing the generation of dynamic credentials and supporting dynamic and static virtual PANs across EMV, contactless, and magnetic stripe payments, giving businesses control over credential validity and offline transaction capabilities.

Viet UC provides aquaculture and agriculture product manufacturing services and specializes in shrimp production.

Hybe is a comprehensive music and entertainment company that specializes in music production, publishing, artist development, management, and various business ventures centered around intellectual property and platform services.

SparkPlus is a South Korean company founded in 2016 that specializes in designing and managing real estate contracts, interior design, construction, and furniture arrangements for office spaces. The company operates coworking spaces aimed at businesses facing challenges with their office environments. By providing comprehensive solutions to corporate office issues, SparkPlus enables clients to focus on their core activities without the distractions of managing office-related problems. The firm's services are tailored to create functional and efficient workspaces that enhance productivity and business growth.

CammSys manufactures and sells semiconductor equipment and camera modules primarily for mobile phones. Additionally, it engages in the development and production of biosensor modules for Internet of Things (IoT) devices and wearable products.

Inventage Lab specializes in medical technology development. It focuses on creating a novel drug delivery system, Laminar FluiDigm, which enables the production of long-acting injectables and gene-delivery therapeutics.

UlalaLAB Inc., established in 2011 and headquartered in Anyang-si, South Korea, specializes in developing a Software as a Service (SaaS) platform for small and medium-sized manufacturing enterprises. The company's core offering is an Internet of Things (IoT) and machine learning-based solution that collects, analyzes, and displays real-time operational data from various sensors across production lines. This enables businesses to identify anomalies, enhance quality control, and make informed decisions without disrupting existing equipment or processes. UlalaLAB's platform employs Long Short-Term Memory (LSTM) recurrent neural networks to model time-series dependencies, supporting both analog and digital signals from commercially available sensors.

Tiki is an e-commerce company that operates a comprehensive platform offering a diverse array of products across multiple categories, including electric appliances, fashion accessories, mobile devices, and health products. With a catalog of over 300,000 items, Tiki partners with various global brands to enhance its product offerings. The company emphasizes customer satisfaction through efficient logistics and reliable customer service, creating a secure and convenient shopping experience that allows customers to explore and purchase a wide variety of products from a single, user-friendly platform.

HK Inno.N Corporation is a South Korean company founded in 2014 and headquartered in Seoul. The company specializes in the development and sale of pharmaceutical products, including immune anticancer drugs, treatments for blood diseases, and therapies for kidney diseases. HK Inno.N has established a strategic partnership with CJ HealthCare Corporation to enhance its research and development capabilities. As of 2018, HK Inno.N operates as a subsidiary of CKM Co., Ltd., focusing on advancing innovative therapies to address various health challenges.

Founded in 2012, Wadiz is a South Korean crowdfunding platform headquartered in Seongnam. It facilitates venture capital, equity, and product crowdfunding across various industries.

Hanwha Systems Co., Ltd. is a South Korean company specializing in defense products and technologies. Established in 1978 and headquartered in Seoul, the company provides a wide range of solutions, including land systems for command, control, and communication, reconnaissance, and surface-to-air missile defense. Its naval systems encompass combat management, underwater surveillance, and unmanned systems. In the aerospace sector, Hanwha Systems develops fixed and rotary wing aircraft, unmanned systems, and satellite technologies. Additionally, the company offers IT services such as system integration and cloud management. Formerly known as Hanwa Thales Co., Ltd., Hanwha Systems has evolved to leverage advanced information and communication technology, positioning itself as a leader in the defense electronics industry while also catering to sectors such as finance, manufacturing, construction, and services.

In the early days of E-Sports, unrivaled skills and overflowing enthusiasm towards games were the only two requisites to become a professional gamer. Nowadays with the rise of global E-Sports fandoms, performance became only one of many requisites of a pro-gamer. Fans are connected to pro-gamers everywhere through various channels such as SNS and live & video platforms. In order to satisfy their needs and be loved by them, a professional gamer needs more than just playing games. E-Sportainment is the compound word of E-Sports and Entertainment. It’s the most explicit and mission-oriented word to describe what STILL8 does. Combining entertainment factors with E-Sports, we help current pro-gamers to boost their talents and retired pro-gamers to sustain their career. Playing games is one part, amusing fans with various entertainments is another. As so, STILL8 ultimately pursues the E-Sports of the gamer, by the gamer, and for the gamer.

Median Diagnostics Inc. is a South Korean company specializing in the manufacture and sale of diagnostic drugs for animals. Founded in 1999 and headquartered in Chuncheon, the company offers a comprehensive range of diagnostic solutions aimed at monitoring and diagnosing various diseases affecting livestock and companion animals. Its product portfolio includes ELISA diagnostic products, rapid test kits, molecular diagnostic tools, and biologicals, catering to diseases such as foot-and-mouth disease, swine fever, avian influenza, and other infectious and metabolic diseases. Formerly known as Jeno Biotech Inc., the company rebranded as Median Diagnostics Inc. in July 2017, reflecting its focus on innovative veterinary diagnostics and solutions.

UBCare is a South Korea-based healthcare technology company that delivers integrated information solutions and health management services. It provides healthcare solutions across divisions including electronic medical record (EMR) systems, distribution, pharmaceutical data, and manufacturing, enabling healthcare providers and pharmaceutical operations with data-driven tools and services.

Yanadoo is an education company focused on language learning, particularly English and Chinese. It offers a range of services designed to help both children and adults improve their language skills. The company's flagship product is an English vocabulary app that allows users to learn new words through short, daily sessions lasting just 10 minutes. Additionally, Yanadoo provides online lectures and immersive educational programs, including a metaverse-centered exercise solution that gamifies the learning experience in a virtual world. These offerings aim to enhance users' confidence in speaking and understanding the languages they are studying.

SYSTRAN is a pioneering company in the field of machine translation, founded in 1968. It specializes in providing advanced and secure enterprise language translation solutions designed for businesses to communicate effectively across multiple languages. With a commitment to research and development, SYSTRAN has introduced innovative technologies, including its Neural Machine Translation solutions, which leverage neural network capabilities for enhanced translation accuracy. The company's software is compatible with various platforms, including desktops and enterprise servers, allowing organizations to improve multilingual communication through intelligent translation alternatives and user-driven learning. By focusing on usability and productivity, SYSTRAN supports its clients in navigating the complexities of global communication.

LIG Nex1 Co., Ltd. specializes in the development and production of advanced precision electronic systems and weaponry. The company offers a diverse range of products including missile systems, underwater weapon systems, radar technology, electronic warfare solutions, avionics, and naval combat systems. Additionally, LIG Nex1 focuses on areas such as precision guided munitions, intelligence, surveillance, reconnaissance, command and control, unmanned robotics, and cyber warfare. Its comprehensive portfolio encompasses ground-based guided missiles, radar systems, and various mission systems designed for military applications. Operating on a global scale, LIG Nex1 plays a significant role in the defense industry by providing cutting-edge technologies and systems.

Jeil Hydraulics Co., Ltd. is a South Korean manufacturer specializing in hydraulic pumps, motors, and valves. The company produces a range of hydraulic components, including double-speed sloping board-type axial piston motors and axial swash type piston motors, which are utilized in construction, shipbuilding, and industrial machinery. In addition to these motors, Jeil Hydraulics offers sectional control valves and remote control valves that manage main control spools and various variable valves. Their product line also features track drive motors, swing drive motors, and hydrostatic transmission products tailored for construction equipment. Through its focus on innovative hydraulic solutions, Jeil Hydraulics serves diverse industries that require reliable and efficient hydraulic systems.

PlaySpan is a prominent provider of monetization solutions for online games, virtual worlds, and social networks. The company specializes in developing a digital goods commerce and micropayment platform that enables game publishers and developers to generate revenue, attract new users, and enhance user loyalty. One of its key offerings is UltimatePay, a global payment solution that facilitates safe and convenient in-app purchases through over 85 payment methods across 180 countries. This service includes the Ultimate Game Card, a prepaid card available in more than 45,000 retail locations throughout North America and expanding internationally. Headquartered in Silicon Valley, PlaySpan also operates offices in Ohio, Virginia, and Mumbai. The company has received recognition for its contributions to the gaming industry, winning the 2009 OnHollywood Category Award for Best Gaming Company.

Vieworks Co Ltd is a technology company specializing in the design, development, and manufacture of advanced imaging solutions. The company focuses on digital imaging systems for applications in digital radiography, digital fluoroscopy, and angiography. Its product portfolio includes x-ray flat panel detectors, camera systems, and image processing technologies tailored for various medical applications, such as dental and surgical imaging. Additionally, Vieworks offers high precision optics and optomechanical design, ensuring their products meet the needs of diverse sectors, including healthcare and industrial markets. With a commitment to innovation, Vieworks supplies its imaging solutions to a global clientele.

Enuri is a price comparison company based in South Korea.

YG Entertainment Inc. is a South Korean talent development and production company founded in 1996 by Yang Hyun Suk. Originally named Hyun Entertainment, it rebranded to YG Entertainment in April 2001. The company has played a significant role in popularizing hip-hop music in Korea and has been the launching pad for numerous successful artists, including BIGBANG and 2NE1, as well as earlier acts like JINUSEAN and 1TYM. YG Entertainment not only focuses on music but also provides content services and manages a diverse roster of artists and actors, fostering a collaborative environment that encourages the exchange of ideas in music, fashion, art, and culture. The company's unique approach has made it a prominent figure in the South Korean entertainment industry.

Bermai is pioneering high performance, ultra-integrated chipsets for wireless applications and delivering innovative systems for single and multi-band connectivity that support the IEEE 802.11 family of standards. Bermai's designs with unmatched integration are optimized to deliver extended range and performance, power efficiency and flexibility at a significant cost advantage. These ultra-integrated solutions greatly simplify product development and enable wireless equipment manufacturers to design high performance products faster and with dramatic cost efficiencies. With a "done it before" management team, over 50 decades of combined engineering experience, and core competencies in RF analog, digital signal processing, OFDM and CMOS disciplines, Bermai is strongly positioned to play a key role in advancing wireless communications technologies. Founded in March 2001, Bermai's renowned co-founders are Dr. Ramesh Harjani, a recognized authority in the fields of CMOS radio frequency circuits, low-power analog design and mixed-signal testing, and Dr. Jaekyun Moon, a recognized authority in the fields of channel characterization and signal processing for digital communications. Bruce Sanguinetti, wireless industry veteran and former president and co-founder of BreezeCOM (now known as Alvarion), leads Bermai as president and chief executive officer. Headquartered in Palo Alto, California, Bermai has received a total of $34 million in financing from key venture capitalists and strategic investors including Advanced Technology Ventures, Blueprint Ventures, Brightstone Capital, Mobius Venture Capital (formerly Softbank), the STIC Ventures fund backed by LG Electronics, and Walden International Investment Group.

SOFTonNET Inc. is a provider of virtualization and cloud computing solutions, serving enterprises, universities, and government offices primarily in the United States and East Asia. Established in 1999 and headquartered in San Jose, California, with additional offices in Seoul and Tokyo, the company offers a range of products that include Z!BootOS for disk virtualization, Z!Stream for application virtualization, Z!Desktop for virtual desktops, Z!Storage for high-performance storage solutions, Z!Pack for portable application virtualization, and ezsComm for interactive lectures. SOFTonNET's technology is designed to reduce operating costs and enhance productivity by enabling organizations to operate software applications on a virtual layer without the need for installation. Its innovative approach includes patented on-demand streaming technology, offering a comprehensive cloud computing environment tailored for various organizational needs.