milpitas
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Muhammad Haq Is Betting the AI Boom on the Boring Part
The OnStak founder spent more than a decade in enterprise infrastructure. Now he argues that AI's decisive contest will be won after the demo - in the untidy work of data, governance and organizational change.
Motasim Sirhan Spent a Career Building Stents. Then He Asked the Artery to Move Again.
After helping build the modern stent business, the Elixir Medical founder chose a harder brief: support the vessel, then give it back its motion. The result took more than 150 bench iterations, a major technical pivot, and nearly two decades of clinical work.
AMISEQ
AMISEQ has built a 650-plus-person business around an unglamorous enterprise truth: buying technology is easy; making it run across old systems, strict controls and global teams is the difficult part.
Elixir Medical Corporation
Elixir Medical Corporation is a privately held Milpitas, California medical device company building implantable technologies to treat coronary and peripheral artery disease. Its flagship DynamX Coronary Bioadaptor is a metal implant with a resorbable polymer coating that dissolves over roughly six months, 'uncaging' the artery so the vessel can pulse and move naturally rather than remaining permanently rigid like a conventional stent. Founded in 2005 by Motasim Sirhan, Elixir has produced a lineage of coronary devices - the DESolve bioresorbable scaffold, the DESyne family of drug-eluting stents, the LithiX intravascular lithotripsy system, and the DynamX bioadaptor - and has reported two consecutive randomized trials showing reduced long-term cardiac event rates versus current drug-eluting stents.
MemVerge
MemVerge is a Milpitas, California AI infrastructure software company that started out virtualizing DRAM and persistent memory into pooled 'Big Memory' and has since pivoted toward the AI era. Its Memory Machine products maximize GPU utilization through memory tiering, pooling and transparent checkpointing, and in 2025 it launched MemMachine, an open-source AI memory layer that gives LLMs and agents persistent episodic, profile and procedural memory across sessions, models and clouds. Founded in 2017 by CEO Charles Fan, CTO Yue Li and chairman Shuki Bruck, the company has raised about $43.5M from investors including Intel Capital, Cisco, NetApp, SK hynix and Lightspeed.
Relay2 Inc.
Relay2 Inc. is a Milpitas, California networking company that builds Wi-Fi access points with computing and storage baked in. Its patented ServiceEdge Platform and Service Point devices let businesses and managed service providers run applications at the network edge - on-premises, close to where data is created - instead of shuttling everything to the cloud. Founded in 2011 by Eric Chen, Relay2 targets retail, education, manufacturing, transportation and MSPs that want to lower the total cost of deploying enterprise-class WLAN while unlocking new edge services.
Xvisio Technology Corporation
Xvisio Technology Corporation is a Silicon Valley-founded spatial computing company building the visual SLAM engines, sensor-fusion modules, and mixed-reality hardware that let machines and headsets understand where they are in physical space. Its SeerSense modules and SeerLens MR glasses - built on a low-latency VPU pipeline it calls SlimEdge XR - power 6DoF tracking, depth sensing, and on-device AI inferencing for AR headsets, robots, and industrial devices across healthcare, manufacturing, education, and logistics.
Nanosys
Nanosys is a Silicon Valley materials company, founded in 2001 in Milpitas, California, that makes quantum dots - man-made semiconductor crystals 2 to 8 nanometers across that convert light into precisely tuned, saturated color. Its Quantum Dot Enhancement Film (QDEF) helped bring wide-color-gamut displays to mass market, and its materials have shipped in more than 70 million televisions, monitors, tablets and phones. Nanosys holds one of the largest quantum dot patent portfolios in the world and is developing NanoLED (QDEL), a self-emissive display technology in which quantum dots make their own light. In September 2023 its quantum dot business was acquired by Japan's Shoei Chemical, which now operates the Nanosys brand and its Milpitas R&D labs.
Qnovo
Qnovo is a Milpitas, California software company that makes lithium-ion batteries smarter. Its intelligent battery management platform - powering SpectralX adaptive fast charging and SentinelX safety diagnostics - is embedded in more than 150 million smartphones and increasingly in EVs from the world's top automakers, helping prevent fires, extend range, and stretch battery life.
OnStak
OnStak is a Milpitas, California enterprise AI consulting and hybrid-cloud services firm that helps large organizations move from AI experimentation to AI in production. With a delivery team that is roughly three-quarters AI architects and engineers, OnStak modernizes data platforms, applications and infrastructure across Cisco, NVIDIA, AWS, Oracle and on-premises environments, and ships AI products like AI Correlation Fabric, AI Assurance and AI Video Analytics. Its pitch is plain: 'Fluent in strategy, native in engineering' - straight talk about what is broken and what to fix first.
Darwin Thangappan
Darwin Thangappan is the CEO and founder of ASIR Technologies, a bootstrapped enterprise technology company headquartered in Milpitas, California, with development operations in Bangalore, India. A mechanical engineering graduate turned software entrepreneur, Darwin spent nine years at Oracle building and managing JD Edwards EnterpriseOne before launching ASIR Technologies in 2014. Under his leadership, the company has grown to 75+ employees and developed ACRA Suite, a 100% no-code automation platform that slashes regression testing time by 60% across JD Edwards, Oracle E-Business Suite, SAP, and Salesforce environments. Honored by Marquis Who's Who in 2025 for excellence in technology and product development, Darwin also holds a U.S. patent for computer user interface technology.
Nilesh Jadhav
Nilesh Jadhav is the CEO and Co-Founder of AMISEQ Inc., a Milpitas, California-based cybersecurity and intelligent automation company he co-founded in 2017. With over 18 years in IT — more than 12 of them in Silicon Valley — he has built AMISEQ into a globally recognized firm serving Fortune 500 clients across cybersecurity, RPA, product engineering, and UX design. In 2025, AMISEQ launched Z-Deploy, a zero-touch automation platform that compresses multi-day security deployments into under two hours, and expanded aggressively into the Middle East.
Rakesh Vaddadi
Rakesh Vaddadi is the Co-Founder and CEO of Beacon.li, a Milpitas-based AI orchestration platform that automates enterprise software implementation - from configuration and testing to deployment and hypercare support. A BITS Pilani computer science alumnus and serial entrepreneur, Rakesh previously co-founded WINDO (an Instagram commerce platform used by 200,000+ sellers in 144 countries) and Gear6 (a bike maintenance startup). At Beacon.li, he is tackling one of enterprise software's biggest blind spots: the gap between a signed contract and a successful go-live, using AI agents that learn through the UI without any backend access. The company raised a $7M Series A in March 2025 led by Sorin Investments.
Kush Gulati
Kush Gulati is the Co-founder, President, and CEO of Omni Design Technologies, a Milpitas-based semiconductor IP company he founded in 2015. A serial entrepreneur on his fifth venture, he holds a PhD in Electrical Engineering and Computer Science from MIT and has spent over two decades pioneering ultra-low power analog circuit design. His proprietary SWIFT technology powers data conversion IP used in 5G, autonomous vehicles, AI infrastructure, satellite communications, and LiDAR applications by tier-one customers worldwide. Omni Design raised a $35M+ Series A in September 2025.