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:
 
verical
Verical


Alexandria, Virginia
CEO: Josef Ruef
Company Status: Acquired by Arrow Electronics - 4/6/10
Investment Status: Historical
GAP Fund: GAP Fund I
Hosted trade management platform.


vidrunner
VidRunner

Blacksburg, Virginia
CEO: Richard Morrow
Company Status: Aquired by Alied Security Trust

Investment Status: Historical
GAP Fund: GAP Tech Fund
Software application and service that allows mobile phone users to stream live video to multiple simultaneous viewers on mobile devices or PCs.


villagize
Villagize

Oakton, Virginia
CEO: Gio Hunt
Company Status: Private
Investment Status: Current
GAP Fund: GAP Tech Fund
Social networking platform for neighborhoods and local community groups.


vividcortex
VividCortex, Inc.

Charlottesville, Va.

CEO:Baron Schwartz
Company Status: Active
Investment Status: Current
Fund: GAP Tech Fund

Monitoring and administrative tool that helps companies run It systems faster

 


voicePass
VoicePass

Woodbridge, Virginia
CEO: Michael Farrah
Company Status: Private
Investment Status: Historical
GAP Fund: GAP Tech Fund
Provider of voice authentication for mobile.


wealthforge
WealthForge Holding, Inc.

Richmond, Va.

CEO:Mat Dellorso
Company Status: Active
Investment Status: Current
Fund: GAP Tech Fund

Broker-Dealer Crowdfunding platform

 


Logo_wiretough
WireTough

Bristol, Virginia
CEO: Amit Prakash
Company Status: Private
Investment Status: Current
GAP Fund: Commonwealth Energy Fund (CEF)
Developer and manufacturer of compressed natural gas (CNG) cylinders reinforced with steel wire, thus reducing weight, providing high safety, and increasing fuel-efficiency for vehicles.


workproducts_small
WorkProducts

Reston, Virginia
CEO: Steve Lilley
Company Status: Private
Investment Status: Current
GAP Fund: GAP Tech Fund
Real time and forensic monitoring and archiving of enterprise electronic records and communications.


Xdynia-Logo
Xdynia

Charlotesville, Virginia
CEO: Yari Maricich, M.D.
Company Status: Private
Investment Status: Current
GAP Fund: GAP BioLife Fund
Xdynia is a drug development company with a new class of compounds targeting the Cav 3.2 Ca++ channel, a common pathway in the development of neuropatic pain.


yasabe_hablemos_logo_small_bigger
YaSabe

Herndon, Virginia
CEO: Zubair Talib
 Company Status: Private
Investment Status: Current
Fund: GAP Tech Fund
Local Search for US Hispanics-search in English or Spanish and find reputable businesses and great deals for local businesses in your area.


 


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.