Swift Navigation announced in December 2015 that it raised an $11 million series-A round of financing led by Lior Susan and Pierre Lamond of Eclipse, with participation from New Enterprise Associates and Promus Ventures. Series-A participants from the original seed round include First Round Capital, Felicis Ventures, Fall Line Capital, Qualcomm Ventures and Lemnos Labs. To date, the company has raised a total of $13.6 million.
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Lior Susan, formerly with Formation8, and Pierre Lamond, long-time semiconductor industry veteran, formed Eclipse in 2015 and invest in hardware-focused companies
Fall Line Capital
Reinventing investment in broadacre farmland and agricultural technologies, Fall Line Capital’s focus is realizing untapped productivity in farmland.
Felicis Ventures is a boutique venture fund that backs the world’s iconic companies of today and tomorrow, focusing on five key areas—mobile, e-commerce, enterprise, education and health.
First Round Capital
First Round Capital is a San Francisco-based seed-stage venture firm focused on building a vibrant community of technology entrepreneurs and companies.
Lemnos wants to be the first investor in a hardware startup, providing capital and hands-on expertise and blending the best elements of a seed-stage firm and incubator.
New Enterprise Associates
NEA is a global venture firm. With more than $18 billion in investments, NEA ranks as the world’s largest venture firm.
Promus Ventures invests in early-stage software companies that are changing the world.
Qualcomm Ventures is the investment arm of Qualcomm Inc. (NASDAQ: QCOM), a Fortune 500 company with operations across the globe. Swift was the winner of the 2014 QPrize™—Qualcomm Ventures’ seed investment competition.
Vegas Tech Fund
Vegas Tech Fund is a seed-stage investment fund focused on investing in founders and startups solving huge problems.