Karmel Capital Management was founded in 2013 by 2 experienced technology investors who are passionate about investing in disruptive technologies. We are actively investing in privately held enterprise software companies.
Karmel Capital Management is based in Solana Beach, California outside of San Diego.
James Brailean, PHD. – Co-Founder and Managing Partner
Dr. Brailean co-founded Karmel Capital in 2013 and is a Managing Partner of the firm. Dr. Brailean also co-founded Pelagos Ventures LLC in 2016, which invests in early stage companies with disruptive technologies or manufacturing processes. Prior to Pelagos, he founded PacketVideo Corporation in 1998 and became its CEO in 2000. PacketVideo launched the world’s first commercial end-to-end wireless mobile media delivery platform in 2000. PacketVideo helped create a new industry for wireless multimedia communications. PacketVideo was acquired by NTT DOCOMO, a large Japanese telecommunications company in October 2010. Dr. Brailean has served on several public and private company boards of directors including DivX (NASDAQ: DIVX), Sonic Solutions (SNIC), NextWave Corporation (NASDAQ: WAVE), and Nik Software, Inc. (acquired by Google). Dr. Brailean received his PhD in Electrical Engineering from Northwestern University in 1992 and his B.S.E.E. in Electrical Engineering from the University of Michigan in 1985. Dr. Brailean has over 20 patents in the area of video compression and transmission. He is a recipient of the Lifetime Achievement Award from the Mobile Entertainment Forum for his contributions to the acceleration of the development and adoption of mobile multimedia services worldwide. He has also received Distinguished Alumni Awards from both the University of Michigan – Dearborn and Northwestern University for his business & social achievements.
Scott Neuberger – Co-Founder and Managing Partner
Mr. Neuberger co-founded Karmel Capital in 2013 and is a Managing Partner of the firm. Previously, Mr. Neuberger was CFO of Whistle Labs, Inc. in 2015 and up to and after the 2016 acquisition of Whistle Labs by Mars Petcare. He joined Whistle Labs in its acquisition of Snaptracs, Inc. in 2015. Mr. Neuberger was CEO of Snaptracs from 2013 until 2015. In 2013, Karmel Capital acquired 85% of Snaptracs, a wholly owned subsidiary of Qualcomm Incorporated (NASDAQ: QCOM). Snaptracs developed, manufactured, and sold Tagg, a wearable device for dogs that tracked their GPS location and exercise. Prior to Snaptracs, Mr. Neuberger was President of Infocore Inc. a data driven marketing firm dedicated to transforming one to one marketing. While at Infocore from 2009 – 2013, Mr. Neuberger grew the revenue of the firm 3x and increased its profits significantly. Mr. Neuberger started his business career as a co-founder of Collegeboxes Inc. while an undergraduate and was CEO of the company until it was acquired in 2008. Collegeboxes provides shipping and storage services to students at 50 colleges and universities in the U.S. Collegeboxes is now owned by AMERCO (NASDAQ: UHAL). Mr. Neuberger received his B.S.B.A in Finance from Washington University in St. Louis in 2003.
Christian Buckley – COO & General Counsel
Mr. Buckley is the General Counsel and Chief Operating Officer of Karmel Capital and participates actively in all aspects of the fund operations. Christian formerly practiced technology, corporate, and securities law at Gunderson Dettmer, LLP and Cooley, LLP. He is also a founding partner in Pelagos Ventures, LLC, a seed stage technology investment and incubation fund. Over the past decade, he has advised and helped run numerous technology start-ups including Valona Labs, The Glue Network, Covered Images, and others. Christian received a Juris Doctor with Specialization in Business Law from UCLA.
Kevin Dobies – Associate
Mr. Dobies is an Associate of Karmel Capital and is actively involved in sourcing, evaluating, and monitoring Karmel Capital investments. Prior to joining Karmel Capital in 2018, Kevin was a private equity fund analyst at Cliffwater LLC where he performed fund-level due diligence on private equity, venture capital, and real estate funds for large institutions. Kevin began his career working as a research analyst at Frontier Global Partners where he assessed public equities in pre-emerging equity markets. Kevin received his B.S. in Finance from the University of Alabama in 2015 and is a level II candidate in the CAIA program.
Brice Lemke – CFA, CAIA, CQF, FRM - Principal Data Scientist
Mr. Lemke has worked in quantitative finance for over a decade. Brice has run models for asset allocation strategies at Mellon Capital Management, researched and implemented alpha generation at Geode Capital Management, been a Portfolio Construction analyst at PanAgora Asset Management, worked as a Senior Quantitative Analyst at HedgeServ, and has been a Quant Consultant to several funds to help them build out their quantitative models. He has a double B.A. in Physics and Philosophy from U.C. Berkeley, a M.S. in Physics from Rutgers, and graduate certificates from Stanford in Quantitative Finance, Data Mining, and Artificial Intelligence. He also holds the CFA (Chartered Financial Analyst), CAIA (Chartered Alternative Investment Analyst), CQF (Certificate in Quantitative Finance), and FRM (Financial Risk Manager) certifications.