Greg Raleigh

Headwater is a focused team of highly experienced engineers, scientists, and technologists dedicated to inventing and developing significant technological breakthroughs that lead to high-value products and an improved standard of living. Our team focuses on fundamental technological advances that are more than simply improving the state of the art, but rather constitute entirely new ways of doing things to achieve desired results for technology consumers and market participants. The Headwater Research (HWR) portfolio is focused on inventing new technology and product designs for device-based, cloud-based and conventional network equipment-based smart services for mobile devices such as smart phones, tablets and laptops. HWR invented, commercialized and is now licensing the technology used in modern smartphone operating systems to control and organize network access for multiple apps running simultaneously on a mobile device. This contribution, now used in virtually every mobile phone worldwide, is a system of inventions that together provide efficient app-server communication to preserve mobile network capacity and battery life - essential factors for enabling today’s mobile app economy. HWR also invented, commercialized and is now licensing the "Smart Service"​ mobile client and network infrastructure technology that has spawned a new industry market segment for providing consumers with user-friendly, on-device, instant options for purchasing and managing cost effective 3G and 4G mobile connectivity for all their electronic devices. Many of the technologies in the HWR portfolio are in a mature phase of development and licensing. HWR has also created a successful company spin-out a growing global revenue base for products using HWR technology for smart service devices, cloud infrastructure and mobile services.

New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. Founded in 1977, NEA has more than $28 billion in assets under management as of June 30, 2025 and invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firms long track record of investing includes 284 portfolio company IPOs and more than 500 mergers and acquisitions. For more information, please visit www.nea.com.

Chilko Capital is a seed stage startup that is building an automated financial market prediction and trading platform based on fundamental information theory principles.

Headwater is a focused team of highly experienced engineers, scientists, and technologists dedicated to inventing and developing significant technological breakthroughs that lead to high-value products and an improved standard of living. Our team focuses on fundamental technological advances that are more than simply improving the state of the art, but rather constitute entirely new ways of doing things to achieve desired results for technology consumers and market participants. The Headwater Research (HWR) portfolio is focused on inventing new technology and product designs for device-based, cloud-based and conventional network equipment-based smart services for mobile devices such as smart phones, tablets and laptops. HWR invented, commercialized and is now licensing the technology used in modern smartphone operating systems to control and organize network access for multiple apps running simultaneously on a mobile device. This contribution, now used in virtually every mobile phone worldwide, is a system of inventions that together provide efficient app-server communication to preserve mobile network capacity and battery life - essential factors for enabling today’s mobile app economy. HWR also invented, commercialized and is now licensing the "Smart Service"​ mobile client and network infrastructure technology that has spawned a new industry market segment for providing consumers with user-friendly, on-device, instant options for purchasing and managing cost effective 3G and 4G mobile connectivity for all their electronic devices. Many of the technologies in the HWR portfolio are in a mature phase of development and licensing. HWR has also created a successful company spin-out a growing global revenue base for products using HWR technology for smart service devices, cloud infrastructure and mobile services.

Cisco is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all.