News

CIT GAP Funds Invests in Fitnet

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

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

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:
 
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Speek

Dulles, Virginia
CEO: John Bracken
Company Status: Private
Investment Status: Current
Fund: GAP Tech Fund
Speek disrupts the conference call market using Web 2.0 techniques.


sphynkx-therapeutics
Sphynkx Therapeutics

Charlottesville, Virginia
CEO: Andrew Bolt
Company Status: Private
Investment Status: Current
GAP Fund: GAP BioLife Fund
Drug discovery platform for treatment of diseases such as cancer and fibrosis.


spydrsafe
SpydrSafe


McLean, Virginia
CEO: Michael Pratt
Company Status: Private
Investment Status: Current 
GAP Fund: GAP Tech Fund
Mobile security platform prevents corporate data breaches due to intentional or inadvertent misuse of mobile apps, thus enabling the use of employee-owned devices in the workplace (BYOD) and providing IT departments the tools necessary to safeguard corporate data.


squareloop
SquareLoop

Reston, Virginia
CEO: Tom Stroup
Company Status: Private
Investment Status: Current
GAP Fund: GAP Fund I
Location-Based Services (LBS) platform for time-specific public alerting and content delivery.


Sunnovations
Sunnovations


McLean, Virginia
CEO: Matt Carlson
Company Status: Private
Investment Status: Current
GAP Fund: Commonwealth Energy Fund (CEF)
Eco-friendly solar hot water systems provide hassle-free, affordable domestic water heating.


tauthera
Tau Therapeutics

Charlottesville, Virginia
CEO: Andrew Krouse
Company Status: Private
Investment Status: Current 
GAP Fund: GAP Fund I
Calcium T-channel blocking agents for anti-angiogenesis treatment of tumor-based diseases.


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Uppidy

Reston, VA
CEO: Josh Konowe
Company Status: Private
Investment Status: Current
GAP Fund: GAP Tech Fund
App the safely store, search, or share your text messages.


uknow-logo
uKnow.com


McLean, Virginia
CEO: Steve Woda
Company Status: Private
Investment Status: Current
GAP Fund: GAP Tech Fund
Provider of software and online dashboards to keep their social and mobile kids from the scariest dangers including child predators, sexting, and cyber-bullying.


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Veenome

Arlington, Virginia
CEO: Kevin Lenane
Company Status: Private
Investment Status: Current
Fund: GAP Tech Fund
Identifies objects, brands, and products in video then translates them into data points.


vangogh
VanGogh Imaging

McLean, Virginia
CEO: Ken Lee
Company Status: Private
Investment Status: Current
GAP Fund: GAP Tech Fund
Inexpensive, easy-to-use 3-D computer vision technology for high volume mobile applications.


 


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.