Sequoia is a venture capital focused on energy, financial, enterprise, healthcare, internet, and mobile startups. The firm helps a small number of daring founders build legendary companies. It spurs them to push the boundaries of what’s possible. The firm seeks to invest in all sectors with a focus on energy, financials and financial services, healthcare and healthcare services, Internet, mobile, outsourcing, and technology.

Sequoia Capital

Greylock Partners invests in entrepreneurs that focus on consumer and enterprise software companies. The firm invests in companies that define new markets, including Airbnb, AppDynamics, Apptio, Arista Networks (NYSE: ANET), Cloudera, Docker, Dropbox, Facebook (Nasdaq: FB), LinkedIn (NYSE: LNKD), Medium, Nextdoor, Palo Alto Networks (NYSE: PANW), Pandora (NYSE: P), Pure Storage, and Workday (NYSE: WDAY). It was founded in 1965 and headquartered in Menlo Park, California.

Greylock

Based in Palo Alto, CA, Icon Ventures is a specialty venture capital firm focused on leading Series B or C financings. With over $780 million under management, Icon invests with the world’s leading venture firms in companies that are category winners at their earliest stages of momentum. Icon Ventures investments include iconic, market-leading companies such as Aster Data, FireEye, 41st Parameter, Infinera, MoPub, Palo Alto Networks and Proofpoint. For more information visit: iconventures.com.

Icon Ventures

Globespan is the VC firm passionate about partnering with entrepreneurs as they take their companies to market. We uniquely serve these companies, helping them establish the infrastructure required to scale their offerings. We invest in startups in the IT infrastructure, SaaS, mobile, and Internet industries. With our personal market-facing expertise, strategic approach, and strong industry networks, we help companies realize their potential. Our track record with entrepreneurs has led us to become a leading venture capital firm across the globe.

Globespan Capital Partners

Lehman Brothers was a global financial services firm that was founded in 1850. Nomura acquisition Lehman Brothers' investment banking and capital markets businesses for $250 million.

Lehman Holdings

Founded in 2000, Northgate Capital is a global venture capital and private equity firm with investment offices in San Francisco and London, and an affiliate office in Mexico City. Collectively, the firm manages $4.8Bn in AuM and employs 50+ investment and finance professionals across its global locations. Northgate’s investment programs focus on venture capital – Fund-of-Funds and Direct – with additional programs in private equity – global small market Fund-of-Funds, Mexico growth equity and mezzanine finance.

Northgate Capital

JAIC is Japan's largest independent venture capital firm and has accumulated experience and know-how over a period of 15 years as a pioneer of venture capital investments in Asia. Building on such strengths, they are establishing a globally linked organization that pursues investment opportunities centering on the three regions of Japan, Asia, and the United States.

Japan Asia Investment

Palo Alto Networks

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

<div>
 
 Axis Security provides a cloud security platform that uses a zero-trust approach to manage (validation, authorization) access to important resources in remote working infrastructures for employees, contractors, and supply chain partners. Axis Security Splunk integrates real-time data from Axis Security Application Access Cloud to get insights about users and applications.
 
 
 The company has also expanded its agentless model to include Git, databases and Kubernetes deployments for developers alongside support for TCP and UDP-based applications for call center and customer service clients. The company has partnered with Splunk, Okta, and CrowdStrike and it is currently developing an endpoint security feature for its Axis Application Access Cloud.
 
 
 In 
 <a href="https://sp-edge.com/updates/16851">
 March 2023
 </a>
 , Axis Security announced it expects to be acquired by edge-to-cloud platform-as-a-service company Hewlett Packard Enterprise. The deal which was reportedly under USD 500 million was slated to close in Q2 2023
 
 
 In March 2021, the company raised USD 50 million in a Series C funding round led by Spark Capital to fund product development, expand its direct sales team, and increase go-to-market initiatives.
 
</div>

The toolkit to build machine learning applications at scale

Machine Learning Infrastructure

d-Matrix specializes in the development of computing platforms tailored for managing GenAI inferencing workloads within data centers. It aims to overcome memory limitations prevalent in AI computing by advancing high-efficiency digital-in memory compute (DIMC) chips.Its flagship product Corsair, scheduled for commercial release in 2024, serves as an in-memory compute engine engineered to accommodate the entire AI model within the memory, giving developers the flexibility to deploy AI models. Corsair will have 2048 DIMC cores with around 2,400–9,600 TeraFLOPS of AI compute.Funding and financialsIn September 2023, the company raised USD 110 million in a <a href="https://sp-edge.com/updates/21619">Series B</a> funding round led by Temasek. It aimed to use the fresh funds to commercialize its inference compute platform, Corsair. As of the same month, the company expected revenue of USD 10 million in 2023.

Ensuring the right people access the right resources at the right time

Identity & Access Management

Spera is an identity security posture management platform that acts as a force multiplier for identity teams - helping detect, prioritize, and remediate identity-driven breaches.

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

<div>
 
 d-Matrix is a chip design company specializing in the creation of chips optimized for GenAI applications. The company's core innovation lies in its ability to develop chips that significantly reduce energy consumption while managing the substantial computational demands of AI processing.
 
 
 d-Matrix&rsquo;s first generation of AI hardware products includes the Nighthawk, Jayhawk-I, and Jayhawk II chiplets. These were succeeded by the Corsair C8 compute card, introduced in September 2023. d-Matrix claims the Corsair C8 compute card outperforms NVIDIA&rsquo;s H100 GPU by a factor of nine in GenAI tasks. This AI accelerator utilizes d-Matrix's proprietary digital-in-memory computer (DIMC) technology, providing ample memory capacity for AI models. d-Matrix claims that a cluster of Corsair C8 cards can deliver 20x better power efficiency, 20x lower latency, and up to 30x lower costs compared to similar NVIDIA solutions.
 
 
 In November 2022, d-Matrix partnered with Microsoft to utilize Microsoft's Project Bonsai, a low-code reinforcement learning (RL) platform, to develop an AI-trained compiler for d-Matrix's DIMC products.
 
 
 Funding and financials
 
 
 In 
 <a href="https://sp-edge.com/updates/21619">
 September 2023
 </a>
 , d-Matrix raised USD 110 million in Series B funding. The company planned to utilize the funds to bring its DIMC chiplet-based inference compute platform, named &quot;Corsair,&quot; to the commercial market, with plans for its release in 2024.
 
</div>

D-Matrix is a computing platform that targets artificial intelligence inferencing workloads in the datacenter. Its mission is to build and deploy the world’s first brain-inspired AI compute engine for a broad class of inferencing workloads in the multi-billion dollar cloud and infrastructure edge markets.

Spera is an identity security posture management platform that acts as a force multiplier for identity teams - helping detect, prioritize, and remediate identity-driven breaches.

Axis Security is a cybersecurity company that specializes in providing Zero Trust Network Access solutions. The company's platform focuses on secure remote access to applications, aiming to ensure that only authorized users can access specific resources within a network. It utilizes a context-aware approach to security, which evaluates various factors before granting access, enhancing overall data protection.

HeadSpin is a developer of a digital experience intelligence platform used to provide flawless digital experiences. Its platform utilizes automation, AI, and analytics to unify end-to-end testing, performance optimization, and experience monitoring with thousands of devices deployed in 100+ locations on the real carrier and WiFi networks around the globe that enable development, QA, operations, and product teams to remotely test and monitor mobile applications and increase revenue.

Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Palo Alto Networks is a cybersecurity company that offers cybersecurity solutions for organizations.

<div> Palo Alto Networks (Nasdaq: PANW) is a multinational cybersecurity company headquartered in California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. As of FY2022, the company had clients in over 180 countries, which includes almost all of Fortune 100 and a majority of the Global 2000 companies.&nbsp;Palo Alto generated revenue of USD 5.5 billion in FY2022 (year ended July 31).&nbsp; Palo Alto operates under three segments: Subscription, Support, and Product. Subscription (~46% of total revenue in FY2022) provides end-customers with the latest antivirus, intrusion, malware and data prevention, and cloud services. Support (~29%) focuses on ongoing security updates, upgrades, bug fixes, and repairs. Product (~25%) includes sales of appliances, primarily Palo Alto&rsquo;s ML-powered Next-generation Firewall. The Americas is Palo Alto&rsquo;s largest market, accounting for ~65% of total revenue in FY2022, followed by Europe, Middle East, and Africa (~19%) and Asia-Pacific and Japan (~12%). For FY2023, Palo Alto expects revenue growth of ~25%&ndash;26% YoY in FY2023 (from 29.3% YoY in FY2022) and operating profit margin of ~21.5%&ndash;22.0% (from an operating loss of USD 188.8 million in FY2022). The company plans to reach net-zero emissions by 2030.&nbsp; </div>

Palo Alto Networks Releases IoCs for New Firewall Zero-Day

Companies that provide platforms and technologies to protect enterprise data and infrastructure in the cloud from internal and external threats.

Companies that provide next-generation solutions for enterprises to protect endpoint devices such as computers, mobile devices, servers, and other connected enterprise devices.

Companies that provide solutions to protect industrial internet of things (IIoT) and operational technology (OT) devices.

Companies that provide AI-based tools to monitor an organization’s entire infrastructure to identify threats, provide tools for incident investigations, and help automate remediation tasks.

Companies that support businesses with AI-based cybersecurity platforms and human resources for 24/7 threat monitoring and response.

Companies that offer solutions for the protection of enterprise APIs and web applications against external threats such as scripting, bots, denial of service attacks, skimming, Personally Identifiable Information (PII) harvesting, etc.

Companies which provide solutions for enterprises to secure their cloud-native applications and workloads, across the entire development lifecycle.

AI-based solutions to level the playing field against email threats

Next-gen Email Security

Solutions that use AI to detect and block email-based attacks including phishing, business email compromise, malware, impersonation, spam, and data exfiltration.

Solutions that use AI to eliminate email-based attacks caused by inadvertent or malicious acts by internal users from leaving the network.

Solutions that encrypt emails for secure access and collaboration.

Solutions that automatically detect and prevent accidental data loss caused by sending emails to the wrong recipients or with wrong attachments.

Solutions that provide user awareness training on email-based threats.

Solutions that securely store emails in an accessible location for future retrieval.

ANALYST_QUICK_TAKE

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<div>

NTT Data, an international IT services firm, has collaborated with cybersecurity organization Palo Alto Networks to introduce an AI-enhanced Managed Extended Detection Response (MXDR) Service.
This service merges the AI and automation functions of Palo Alto Networks' Cortex XSIAM platform with NTT Data's round-the-clock threat monitoring and incident response squad consisting of 7,500 cybersecurity experts. The goal of this comprehensive solution is to boost threat identification and response in sectors such as manufacturing and pharmaceuticals.

</div> Analyst QuickTake: 
 This strategic partnership between NTT Data and Palo Alto Networks to deliver AI-powered MXDR services comes shortly after a similar <a href="https: 
//sp-edge.com/updates/35669"> alliance between Nedscaper and Responders </a> in Europe. Both partnerships share a common approach of combining managed security platforms with specialized response capabilities, demonstrating a growing trend in the cybersecurity industry where providers partner to offer 24/7 security monitoring and enhanced incident response capabilities through unified platforms.

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