Company attributes
Venture Capital Firm attributes
Other attributes
Mid-Atlantic Venture Funds is a seed stage or early-stage investor, typically leading angel-type rounds or the first institutional investment round. The firm seeks to invest in the education and software sectors. It was founded in 1984 and has offices in Bethlehem, Montpelier and Washington D.C.
The Mid-Atlantic Venture Funds are four private venture capital partnerships (the first two were called NEPA Venture Funds) with approximately $200 million under management. Their primary investment interest is in purchasing the equity securities of new, young or growing businesses located in the Mid-Atlantic, although they invest elsewhere. Mid-Atlantic Venture Fund seeks to invest in young high growth potential businesses of almost any type. Their preference is to invest as early as possible including the "angel"" stage."
Mid-Atlantic Venture Funds investments include Colubris Networks, ProVox Technologies, NexTone Communications, TapRoot Systems, sentitO Networks, CareGain and MindMatters Technologies.
They exited their investments in Colubris Networks, Softrax, NexTone Communications, NxtWave Communications, Netilla Networks, Interscope Technologies, Trinity Convergence, Sentori, CareGain ProVox Technologies.