Notable Capital is named for the founders we invest with, the ideas they pursue, the causes they champion, and the remarkable companies they build. Notable is a U.S.-based venture capital firm focused on early-to-growth stage companies in cloud infrastructure and business and consumer applications across the U.S., Israel, Europe, Latin America, and select go-global opportunities. Notable portfolio companies include Affirm, Airbnb, Block, Brightwheel, Drata, Handshake, HashiCorp, Ibotta, Orca Security, Quince, Slack, Slice, StockX, Stori, Vercel, Zendesk, and more.

Notable Capital

General Catalyst is a venture capital firm that provides early-stage and growth equity investments. The company provides ongoing momentum that accelerates ideas, careers, and companies toward standout success.

General Catalyst

Founders Fund is a venture capital firm that invests at every stage in companies building revolutionary technologies. It has been investors, founders, and early employees of prominent technology companies. It has historically invested in a wide variety of sectors, including aerospace, artificial intelligence, advanced computing, energy, health, and consumer Internet.

Founders Fund

Khosla Ventures invests in companies that are bold, early, and impactful. The firm was started in 2004 by Vinod Khosla, co-founder of Sun Microsystems, to provide venture assistance to entrepreneurs. Khosla Ventures invests in a range of areas including AI, climate, sustainability, enterprise, consumer, fintech, digital health, medtech and diagnostics, therapeutics, and frontier technology.

Khosla Ventures

Abstract Ventures is a sector agnostic venture investor in pre-seed, seed, Series A and B startup companies. It serves as pavers for founders, making vital connections for fundraising, talent, customers, and advice. The firm is a dot connector, counting the world’s most visionary investors, founders, and industry leaders as our allies.

Abstract Ventures

Flucas Ventures is a venture capital investor.

Flucas Ventures

Collaborative venture capital to accelerate disruptive technological innovation in AI, data, analytics, fintech, ad tech, DevOps, mobility, aerospace, and infrastructure. They have worked with and invested in visionaries, category killers, disruptors, and inventive leaders. They collaborate with businesses that are disrupting big industries. Help them expand and hyper-accelerate by using a collective ''operators for operators'' approach to scaling.

Trajectory Ventures

Menlo Ventures provides capital for multi-stage consumer, enterprise, and life sciences technology companies. Since 1976, the firm’s market-driven analysis has led to the identification of opportunities and successful investments in innovative markets. Notable areas of investment include Marketplaces (Uber, Rover.com, Poshmark); Consumer Services (Tumblr, Betterment, Roku, Siri); Dev/Ops (Harness, Edge Delta, Fire hydrant); SaaS (Carta, ScoutRFP, Qualia, Benchling, Everlaw); Fintech (Betterment, Bluevine, Chime); Cybersecurity (Cavium, IronPort, BitSight, Abnormal, StackRox); and Life Sciences Technology (Synthego, Cofactor Genomics, Recursion Pharmaceuticals, 3T Biosciences). Menlo’s portfolio includes more than 70 public companies, and more than 100 mergers and acquisitions, with $5 billion under management. The firm is currently investing in Menlo Ventures XV, a $500 million early-stage fund, as well as its $500 million Inflection Fund, which targets early-growth investments.

Menlo Ventures

Snowflake Ventures invests in growth-stage companies that demonstrate a commitment to mobilizing data, providing value to its customers, and expanding opportunities for the data cloud.

Snowflake Ventures

Databricks Ventures invests in innovative companies that share our view of the future for data, analytics and AI. Databricks' inaugural initiative, the Lakehouse Fund, is focused on early and growth-stage companies that are extending the lakehouse ecosystem or using the lakehouse architecture to create the next generation of data and AI-powered companies.

Databricks Ventures

Neon

Neon is a cloud-native, fully managed Postgres as a service. By separating storage from computing, Neon offers autoscaling, branching, and bottomless storage to give developers a simple, reliable, and powerful experience. Neon aims to provide a highly performant and cost-effective database infrastructure by leveraging cloud-native technologies and innovative architectural features.

Neon offers an open-source serverless database management system based on Postgres that provides autoscaling, multi-cloud compatibility, and unlimited storage for developers to efficiently scale their applications. The solution’s architecture separates storage and computation to enable developers to reduce costs. This is done by activating incoming connections only when required and offloading data that is rarely accessed to third-party services such as Amazon S3.

The innovative cost dynamics of serverless computing allow more customers onto the cloud without breaking the bank.

Serverless Computing

Neon delivers a serverless PostgreSQL

Neon offers an open-source serverless database management system based on Postgres that provides autoscaling, multi-cloud compatibility, and unlimited storage for developers to efficiently scale their applications. The solution’s architecture separates storage and computation to enable developers to reduce costs. This is done by activating incoming connections only when required and offloading data that is rarely accessed to third-party services such as Amazon S3.The company also plans to implement a “copy-on-write” technique that delivers checkpointing, branching, and “point-in-time” restore. This enables users to create branches of databases for test environments every time new code is deployed.Key customers and partnershipsThe company had 130,000 databases in use as of August 2023.

SLAppForge offers support for companies developing serverless apps on Amazon Web Services and Google Cloud through its Integrated Development Environment (IDE) “Sigma.” Sigma is the first completely browser-based IDE and offers a drag-and-drop framework for intuitive coding. The platform was also the first IDE to offer live debugging of Lambda functions, and also provides support for live debugging on NodeJS and Python functions. Sri Lanka-based SLAppForge incorporated its US entity and brought on CEO Wallace Wilhoite (former IT Manager at the Centers for Disease Control and Prevention) in January 2020.

SLAppForge

Altostra offers a development platform that allows developers to create serverless apps with or without the use of coding, and deploy it through any cloud/serverless vendor. The company provides a visual workspace for app developers to make the process intuitive, and also offers a cross-platform command line tool.

Altostra

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 Triggermesh’s platform allows users to create serverless apps that integrate multiple cloud, data center, and on-premise software and environments, on top of Kubernetes. Through these integrations, the platform aims to break “silos” between enterprise customers and their software development and IT operations (DevOps) teams. The cloud and infrastructure integration development speed is reportedly enhanced by reusing connectors and customizable templates. 
 
 
 In March 2022, the platform announced broad support for KNative (an open-source platform to build and deploy serverless workloads) which includes any conformant Knative deployment, along with the provision of Knative distribution. TriggerMesh also announced broad support for creating event-driven architecture that runs on Kubernetes in Google Cloud, to enable users to create integrations to sync data or drive event-driven workloads. 
 Triggermesh went on to launch a service to enable enterprises using Kubeless migrate to Knative in May 2022.
 
 
 Funding and financials 
 
 
 The company raised USD 5 million in seed funding in July 2021, from Cisco, to invest in expanding its go-to-market strategy. Along with the funding, Triggermesh also noted that it would collaborate with Cisco to deliver improved enterprise automation solutions and cloud-native integrations, leveraging Cisco’s vast enterprise and cloud footprint. 
 
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Triggermesh

Iron.io offers multiple tools to assist development operations (DevOps) to focus on core tasks, without managing infrastructure. The company entered the serverless computing market in 2016, with the launch of IronFunctions, effectively an open-source platform that can be used by developers and uses containers as the base. It allows users to launch serverless applications and functions on private and public clouds, on-premise servers, and hybrid environments. IronFunctions can be written in a variety of programming languages including Ruby, PHP, Python, Java, Node.js, Go, and .NET. However, the company currently only provides helper libraries and integration with Amazon Web Services (AWS) Lambda.The company has expanded its operations since 2017 by adding an office in Tokyo, expanding its engineering and customer success teams, and continuing to improve the company’s products (bug fixes, improvements to internal tooling, and adding concurrency graphs, etc.). Iron.io looks to continue ramping up the development of its products by improving performance and reliability and developing a new user interface.Iron.io also continues to invest in new cutting-edge technologies such as “Computerless,” which eliminates the physical machine altogether and allows for it to be fully encapsulated in fiber optic cable.Key customers and partnershipsIts key customers include Google, Harry’s, Philips, Whole Foods, Veritone, and Counsyl.

Iron.io

Elotl offers the “Elotl Milpa” serverless platform to deploy Kubernetes (container orchestration system) apps on the cloud (mainly AWS, Google Cloud, Azure cloud, and Oracle cloud). It allows users to run their Kubernetes workloads in a cost effective manner (around 60%-80% cost savings relative to traditional offerings), avoiding vendor lock-in, Its offering also includes multi-tenancy security.Key customers and partnershipsAs of January 2022, its customers included Robinhood, Ronin, and Symphony, among others.In the year leading to November 2021, deployments through Elotl expanded 5x YoY, and the company became a founding member of the “Mobile Native Foundation” (a space for developers to collaborate on open source projects and discuss topics).

Elotl

This includes all serverless software which does not fall into the other categories but are related to the serverless market (e.g serverless based database providers).

Software and services that monitor, optimize, and enable integrations to improve performance.

Businesses and organizations helping programmers transition to serverless platforms by reducing client dependency on vendor-specific offerings.

Businesses that fill in knowledge gaps between clients and serverless vendors for developing and running complex apps and programs.

Vendor platforms such as AWS Lambda and Azure Functions used by clients to run their program. Effectively the infrastructure for serverless computing.

Serverless database providers offer infrastructure for running Gen AI models

<div>
 
 Neon, a company offering serverless Postgres database solutions, has successfully garnered a total of USD 25 million in a strategic funding round. The round was spear-headed by Microsoft's venture arm M12, and saw participation from other investors including Abstract Ventures, General Catalyst, Menlo Ventures, and Notable Capital.
 Neon intends to use the injection of funds towards Research and Development, as well as expansion into the Microsoft Azure platform. They also aim to enhance and develop new database capabilities. In addition to these, the company has set a goal to increase its workforce from 100 to 120 by the end of this year, prioritizing recruitment for engineering roles.
 
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Neon

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