Grotech Ventures related stories
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CIT GAP Funds Invests in WealthForge HoldingsThe Center for Innovative Technology said Thursday that its CIT GAP Funds has invested in WealthForge Holdings. Financial terms weren't disclosed. Richmond, Va.-based Wealthforge a social networking site that helps early-stage companies raise capital.
- UrbanBound Raises $5 Mln
UrbanBound said Tuesday it secured $5 million in venture funding led by Grotech Ventures. StarVest Partners also participated. Chicago-based UrbanBound provides relocation services for newly hired and transferring employees.
Steve Case Talks Revolution's Latest Big Bet -- $40M for BigCommerceRevolution Growth, the growth venture fund co-founded by former AOL chief Steve Case, has made three of its six investments to date in the last two months. The biggest of those investments is a $40 million investment in BigCommerce.
- CIT GAP Funds Appoints Henderson as Investment Director
The Center for Innovative Technology said Wednesday that it has named Dan Henderson as investment director for CIT GAP Funds. Prior to joining CIT, Henderson worked at BeClose, where he served as senior vice president of business development and strategy. Based in Virginia, CIT GAP Funds is a family of seed- and early-stage investment funds that focuses on making near-equity and equity investments in technology, life science and clean technology companies in the state.
Ted Leonsis on Revolution’s Newest Big BetTed Leonsis thinks Revolution has found a pioneer in one of the "few undiscovered big segments that haven't been transformed by the Web at scale." Its name is Optoro.
- Royalty Exchange Raises $2.1 Mln from Grotech
The Royalty Exchange said Monday it secured $2.1 million in Series A capital funding from Grotech Ventures. Raleigh, N.C.-based The Royalty Exchange is an online platform for the valuation and sale of music royalties.
- CIT GAP Funds Invests in CirrusWorks
The Center for Innovative Technology said Wednesday that its CIT GAP Funds has invested in CirrusWorks. No financial terms were disclosed. Based in Virginia, CirrusWorks is technology provider that builds network control platforms.
- Center for Innovative Tech Invests in LendPro
The Center for Innovative Technology said Tuesday that its CIT GAP Funds have invested in LendPro. Financial terms weren't announced. Charlottesville, Va.-based LendPro provides a SaaS platform that helps improve customers’ credit application outcomes.
The Biggest Tech Deals of the Quarter -- SlideshowLarge-cap technology companies didn’t exactly go on a spending spree in the second quarter. However, they did make at least a few big acquisitions. In the following slideshow, we take a look at the Top Ten.
- SocialRadar Raises $12.75 Mln in Series A Funding
SocialRadar said on Wednesday that it has closed $12.75 million in Series A funding. Lead investors were New Enterprise Associates, Grotech Ventures and SWaN & Legend Ventures. Also participating in the round were Steve Case, co-founder of America Online; Ted Leonsis, owner and CEO of Monumental Sports & Entertainment; Dave Morin, co-founder and CEO of Path; Steven Gruber, managing partner at Oak Hill Capital Partners; and Mark Ein, CEO of Venturehouse Group and owner of the Washington Kastles. SocialRadar is a provider of social location-based technology.