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CIT GAP Funds Invests in Fitnet

9/17/2013 7:29:00 AM

The Center for Innovative Technology (CIT) announced today that its CIT GAP Funds closed an investment in Fitnet, a virtual fitness studio application...

WBJ Story: CIT GAP Funds Portfolio Company, Zoomdata lands $4.1 Million Series A

7/12/2013 10:59:00 AM

CIT GAP Funds Portfolio company, Zoomdata lands $4.1 million Series A round led by Columbus Nova Technology Partners.

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Portfolio

CIT’s GAP Venture Fund began deploying capital in mid-2005. The Fund invests in high-potential early stage technology companies accelerating their path to significant growth through active partnership and company development.
 



Fund:
 
PublicRelay_Final
Public Relay


Reston, Virginia
CEO: Eric Koefoot
Company Status: Private
Investment Status: Current 
GAP Fund: GAP Tech Fund
Provider of an intelligence system for corporate communications in larger organizations, government agencies, and trade associations.


recargax
RecargaX


Reston, Virginia
CEO: Mark Smith
Company Status: Private
Investment Status: Current 
GAP Fund: GAP Tech Fund
Simplifies mobile prepaid replenishment and postpaid billing operations with a cash transaction network.


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Ringio


McLean, Virginia
CEO: Michael Zirngibl
Company Status: Private
Investment Status: Current 
GAP Fund: GAP Tech Fund
CRM friendly Virtual PBX that helps smaller companies improve the quality of their customer interactions.


Rivanna_Logo
Rivanna Medical


Crozet, Virginia
CEO: Giorgio Brusa
Company Status: Private
Investment Status: Current 
GAP Fund: GAP BioLife Fund
Provider of portable, low-cost, radiation-free X-ray replacement technology based on medical ultrasounds.


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ROI2

Vienna, Virginia
CEO: Bonnie Rishell
Company Status: Private
Investment Status: Current
GAP Fund: GAP Tech Fund

Key Opinion Leader (KOL) platform for pharma and medical device sectors

 


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RollStream


Fairfax, Virginia
CEO: Kristin Muhlner
Company Status: Acquired by GXS 3/29/11    
Investment Status: Historical
GAP Fund: GAP Fund I
Hosted platform for distributed enterprise-wide technology and process rollouts.


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SeniorLiving.Net

Vienna, Virginia
CEO: Todd Walrath
Company Status: Acquired
Investment Status: Historical
GAP Fund: GAP Tech Fund
SeniorLiving.net provides online search tools and content to assist families researching their senior care options.


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Servhawk

Great Falls, Virginia
CEO: Denis Yaro
Company Status: Private
Investment Status: Current
GAP Fund: Commonwealth Energy Fund (CEF)
Servhawk's solution delivers server energy analytics for indentifying actionable steps to reduce consumption and also provides tools to examine and quanitfy alternatives to achieve those reductions.


sitscape
Sitscape

McLean, Virginia
CEO: Kevin Yin
Company Status: Private
Investment Status: Current
GAP Fund: GAP Tech Fund
Sitscape provides situational dashboard software that empowers business users to easily assemble monitoring consoles from disparate applications or publish documents visually in minutes all with zero programming and no change to existing infrastructure.


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Soft Tissue Regeneration

Earlysville, Virginia
CEO: Joseph Reilly
Company Status: Private
Investment Status: Current
GAP Fund: GAP BioLife Fund
Soft tissue regeneration of the anterior cruciate ligament (“ACL”) of the knee.


 


GAP Funds portfolio companies are early stage companies with corresponding investment risk profiles; CIT assumes no liability for any investment by any person in any GAP Funds Portfolio company.