Correlation Ventures

Congratulations Felix and the entire Akash Systems team on this important validation!

We’re thrilled to announce that Akash Systems has just been awarded funding from the CHIPS and Science Act, a major milestone that supports our mission to lead the way in AI and space technology manufacturing. This funding empowers us to scale up the delivery of our Diamond Cooled Servers, designed for the high demands of AI and data centers. With much faster Compute performance and enhanced cooling efficiency than ever before, these servers are setting new benchmarks in high-performance computing. We’re also pushing the boundaries of Satellite Communications with our GaN-on-Diamond Space Radios, delivering faster data rates and increased reliability to support global connectivity. A huge congratulations to the team for this historic accomplishment. We are excited for what comes next! https://lnkd.in/grmgVWjN

Exciting News! We are thrilled to announce that Netskope has officially acquired?Dasera! Since our founding in 2019, Dasera has been committed to evolving how organizations secure sensitive data across cloud and on-prem environments. Today, we embark on an exciting new chapter as part of Netskope, a global leader in data protection and SASE. Our mission of enabling companies to find, assess, and protect data across structured, unstructured, and semi-structured data sets in cloud (AWS, Azure, GCP), PaaS repositories (Databricks, Snowflake), and on-prem aligns perfectly with Netskope’s vision for a holistic data protection platform. This acquisition is a natural cultural and technological fit, as Dasera becomes the foundation for Netskope’s brand-new DSPM module. Led by co-founders CEO?Ani Chaudhuri?and CTO Dr.?Noah Johnson, our team is incredibly proud to have joined Netskope. Together, we’ll continue building innovative solutions to secure sensitive data everywhere. Welcome to a new data security era! #DataSecurity #DSPM #CloudSecurity #Acquisition #netskope

We're excited to announce that we've raised $9.3M in Seed funding led by Andreessen Horowitz, with participation from Adjacent, Necessary Ventures, Terrence Rohan, Nico Rosberg (Founder Rosberg Ventures), Molly Mielke, Amjad Masad, Clem Delangue, Josh Miller, Ben Rubin, Yael Aflalo, and other amazing founders and investors. With this capital, we’ll manufacture and bring P1 to market, while laying the foundation for our larger vehicle roadmap. Our mission is to build the best non-car vehicles on earth and to accelerate a post-car future. We’re so proud to partner with this leading group of investors to make that vision a reality. Joseph Cohen Eddie Cohen Zach Cooper READ MORE: https://lnkd.in/eW9tFvsW

I am proud to announce hotglue's $4 million seed round led by 8VC with participation from Y Combinator, Correlation Ventures, Wayfinder Ventures, and TDF Ventures. When we went through YC in 2021, we quickly realized we had stumbled onto a massive problem that needs solving: integrations are hard to build, but they're absolutely essential to so many SaaS companies. Three years in and we've found the problem is even larger than we could have imagined, and hotglue has been able to help so many companies solve that problem. With this new round of funding, we are doubling down on building the premier embedded integration platform, and helping companies of all sizes build quality integrations. Thank you to our amazing customers, our team, and our investors for all the support throughout this amazing journey. Special shout out to Asanka Jayasuriya for betting on us and the potential of hotglue, and to our pre-seed investors Yuri Sagalov, Andrew Miklas, and Jamie Quint for all their help over the years. David M. and I are so excited for what the future holds. Read more about the raise: https://lnkd.in/eAgab_tx

?? Advice for Founders from Trevor Kienzle, Managing Director & Co-Founder at Correlation Ventures: Don’t panic! Success isn’t a straight line and major challenges will arise, but it’s crucial to stay steady and not overreact. You got this! We're here to help you confront challenges on your founder journey - https://lnkd.in/g6sHSwS5.

?? I am so excited to announce that Momos has raised $10 million for its Series A, bringing our total funding to $17 million! ?? This is a huge milestone for us, and I can’t thank our team, our customers, partners, friends and family enough. It’s been an incredible 3.5 years at Momos for Andrew Liu and I, and the best is yet to come.? A big thanks to Nnamdi Okike and Mendy Yang and the team at 645 Ventures who led our round. They’re big believers in what we’re doing at Momos and we couldn’t think of better partners to work with. Also a big shout out to Jacob Singh from Alpha Wave and Aakash Kapoor from Peak XV Partners for the continued support, and we also welcome new investors Soma Capital, FJ Labs, Taurus Ventures, and Correlation Ventures. It has been an amazing learning experience to go from a concept, MVP, and first paying customer, to now working with over 5,000 businesses globally, including household brands like Shake Shack, Baskin Robbins, L&L Hawaiian BBQ and many more. We’re most proud of the fact that over 90% of our partners use us every single day and they absolutely love the platform. We grew 4x last year and now have customers across 10 countries. The US is our largest and fastest growing market, and we’re excited to become the AI Customer Platform for multi-location brands everywhere. Now that I have moved back to the US, I am also able to spend more time with our customers who make us sharper everyday. Last but not least, an immense thanks to the 50+ teammates that work at Momos. We’re dual-headquartered in San Diego and Singapore, but our teammates across our global offices are the driving force behind Momos. The real Momos differentiation is that we’re obsessed with our customers and are able to rapidly build world class products to solve their largest problems; our partners are incredibly busy running their businesses and we make managing all of their customers across locations and channels easier. With this new funding, we’re doubling down on growing our engineering and sales teams everywhere. Please reach out to me and Andrew if you’re interested, or know anyone that is! We’re building the next-gen customer platform for brick and mortar businesses, but we know we can’t do it alone! Read more about the announcement here: https://lnkd.in/geScs5fv

We're excited to announce our $8M Pre-Series A priced round led by Canaan, bringing total investment to $11M to date. Press release: https://lnkd.in/gjE8AjWj In addition to Canaan, Correlation Ventures, Higher Life Ventures, Ajinomoto Co., Inc., Automotive Ventures, Outpost Ventures, Potomac Angel Capital, and MaC Venture Capital participated in the round.

We can’t believe it’s already been 3 months since our Series A! Thanks again to RRE Ventures, Kibo Ventures and Correlation Ventures for your support and belief in our mission. We’re incredibly excited about what’s coming next so follow us here to learn about our latest announcements and news! #Startup #SeriesA https://lnkd.in/ecV5tve3

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