Click here to close now.


News Feed Item

Internet of Things Pioneer Launches Investment Company to Grow Startups and Accelerate Innovation

- Moonscape Ventures, a $120 million investment company launched by entrepreneur Mati Kochavi, will invest in Internet of Things, Smart Cities, Big Data and Media Startups
- Moonscape Ventures makes first investment in SocialStudios, a personalized video technology startup

NEW YORK, Aug. 20, 2014 /PRNewswire/ -- Moonscape Ventures, a $120 million investment company focused on startups in the Internet of Things and related technologies, was launched today by global entrepreneur Mati Kochavi, whose existing  network of companies include smart city and IoT solutions provider AGT International. Moonscape Ventures also announced its first investment of $3.1 million in startup SocialStudios, whose technology uses social media data and automatically creates and curates personalized video content.

Photo - 
Logo -

Moonscape Ventures will continue to make early stage investments in new and innovative technologies in a wide variety of sectors related to the Internet of Things, including smart cities, big data and news and media technologies. First round investments will range from $500,000-$5 million.

"As a part of our commitment to providing cutting edge technology solutions, we are proud to announce the launch of Moonscape Ventures. Companies in the Moonscape portfolio will benefit from our deep experience, global network and partnership opportunities," Kochavi said. "By leveraging our unique access and experience, startups will be well poised to transform their innovative ideas into disruptive technologies."

The addition of Moonscape Ventures to Kochavi's existing group of companies further strengthens the portfolio's commitment to cutting-edge fields that make the world a more connected and efficient place. Kochavi's network of companies has always been committed to providing customers with the best of class and most advanced systems and Moonscape Ventures is a critical step towards maintaining that market position.

For instance, AGT International, a global leader in city solutions, is dramatically changing the way cities are managed by leveraging the power of IoT in its next generation smart solutions and through partnerships such as its Smart City Global Alliance with Cisco. Kochavi also recently launched Vocativ, the news organization that uses advanced technology to mine the web for stories, trends and issues that are missed by conventional search engines.

Vocativ will be the first company to use SocialStudios' technology to build a personalized video platform enabling its users to view content highly tailored to their interests and those of their close circles. Now in beta, SocialStudios will be incorporated in the Vocativ offering this fall.

"SocialStudios creates highly personalized video content and we're excited to partner with Vocativ to bring our technology to millions of people throughout the world," said Moshi Delgo, founder of SocialStudios. "We're proud to join Moonscape's portfolio as its first investment.  The team is dedicated, knowledgeable and through them, we've had access to exciting opportunities that position us to grow quickly."

Moonscape Ventures will be led by two executives with vast experience in technology business development. The first is Tammy Mahn, a leading investment professional with more than a dozen years of experience at global firms Hamilton Lane, Pitango Venture Capital, Evergreen Venture Capital and McKinsey Consulting.

Mahn will co-lead Moonscape Ventures with Yonit Golub Serkin, who served as the Deputy Chief of Staff for Economic Development for the City of New York during Michael Bloomberg's Administration. There she worked to develop and implement policies to attract entrepreneurs, build the city's angel fund and grow Silicon Alley.

"Great ideas and access to capital are necessary to turn startups into global companies, but they're not sufficient. To succeed, you need a winning team," Mahn said.  "Moonscape Ventures will work with our portfolio companies to build the best team possible and leverage sector experts and international access to accelerate growth.  Our company is founded on a long history of innovation and success and we're pleased to offer that legacy to startups."

Kochavi has long been dedicated to cultivating fellow entrepreneurs and their visions on how to make the world better by leveraging the most innovative technologies of the future. Companies that work with Moonscape will have the opportunity to partner with Kochavi's companies and work with existing customers and projects around the world.  Moreover, Moonscape will leverage access to engineers, scientists and technology across Kochavi's extensive network and strategic partners to grow portfolio companies. 

About Moonscape Ventures
Moonscape Ventures is the corporate development and investment company founded by entrepreneur Mati Kochavi to support growth and launch startups in the Internet of Things, smart cities, big data, and news and media sectors.  Moonscape Ventures portfolio investments benefit from close cooperation with Kochavi's existing network of companies including IoT solutions leader AGT International and Vocativ, an innovative media company based on groundbreaking 'deep web' technologies.  Moonscape is a $120 million company, led by Tammy Mahn, investing in early stage companies throughout the world.

About SocialStudios
SocialStudios brings the unparalleled visual impact of television to web content. SocialStudios' proprietary software platform, which combines algorithmic strength and crowdsourcing functionality, allows publishers to transform original web content into engaging, promotional videos viewable on all devices. These videos enrich their source web pages and extend the reach and brand of publishers via promotional placement on social and video networks.

Media Inquiries:
Daphne Wang
Email: [email protected]
Phone: +1-646-556-9319

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. Migration to cloud shifts computing resources from your data center, which can yield significant advantages provided that the cloud vendor an offer enterprise-grade quality for your application.
DevOps is gaining traction in the federal government – and for good reasons. Heightened user expectations are pushing IT organizations to accelerate application development and support more innovation. At the same time, budgetary constraints require that agencies find ways to decrease the cost of developing, maintaining, and running applications. IT now faces a daunting task: do more and react faster than ever before – all with fewer resources.
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driv...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively.
The web app is agile. The REST API is agile. The testing and planning are agile. But alas, data infrastructures certainly are not. Once an application matures, changing the shape or indexing scheme of data often forces at best a top down planning exercise and at worst includes schema changes that force downtime. The time has come for a new approach that fundamentally advances the agility of distributed data infrastructures. Come learn about a new solution to the problems faced by software organ...
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ability. Many are unable to effectively engage and inspire, creating forward momentum in the direction of desired change. Renowned for its approach to leadership and emphasis on their people, organizations increasingly look to our military for insight into these challenges.
Achim Weiss is Chief Executive Officer and co-founder of ProfitBricks. In 1995, he broke off his studies to co-found the web hosting company "Schlund+Partner." The company "Schlund+Partner" later became the 1&1 web hosting product line. From 1995 to 2008, he was the technical director for several important projects: the largest web hosting platform in the world, the second largest DSL platform, a video on-demand delivery network, the largest eMail backend in Europe, and a universal billing syste...
Electric power utilities face relentless pressure on their financial performance, and reducing distribution grid losses is one of the last untapped opportunities to meet their business goals. Combining IoT-enabled sensors and cloud-based data analytics, utilities now are able to find, quantify and reduce losses faster – and with a smaller IT footprint. Solutions exist using Internet-enabled sensors deployed temporarily at strategic locations within the distribution grid to measure actual line lo...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, will explore the current state of IoT connectivity and review key trends an...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Chris Van Tuin, Chief Technologist for the Western US at Red Hat, has over 20 years of experience in IT and Software. Since joining Red Hat in 2005, he has been architecting solutions for strategic customers and partners with a focus on emerging technologies including IaaS, PaaS, and DevOps. He started his career at Intel in IT and Managed Hosting followed by leadership roles in services and sales engineering at Loudcloud and Linux startups.
You have your devices and your data, but what about the rest of your Internet of Things story? Two popular classes of technologies that nicely handle the Big Data analytics for Internet of Things are Apache Hadoop and NoSQL. Hadoop is designed for parallelizing analytical work across many servers and is ideal for the massive data volumes you create with IoT devices. NoSQL databases such as Apache HBase are ideal for storing and retrieving IoT data as “time series data.”