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CIT GAP Funds delivers more than $32M in early-stage funding to Virginia companies since inception | |
| Feb 16, 2021 | CIT GAP Funds delivers more than $32M in early-stage funding to Virginia companies since inception | A family of funds managed by the Center for Innovative Technology has invested about $1.8 million into Richmond-area startups in recent years.
Through partnerships with Richmond-area groups like Lighthouse Labs, Trolley Ventures, 1717 Innov... |
| Oct 21, 2020 | CIT GAP Funds co-led a $3M seed round for cleantech company Micronic Technologies | The Herndon, Virginia-based Center for Innovative Technology (CIT) announced that its early-stage investment fund, CIT GAP Funds, took part in leading a $3 million seed round in Bristol, Virginia-based Micronic Technologies, a developer of ... |
| Dec 2, 2015 | Daily funding roundup - December 2, 2015 | ORIC Pharmaceuticals bagged $53M; Bluecore raised $21M; Osaro announced $3.3M funding
Technology innovators Realsafe Technologies have secured £1 million (approximately $1.5 million) of investment to scale their business, bringing with it n... |
| Jul 8, 2015 | PockitShip Receives Funding from CIT GAP Funds | PockitShip, a Herndon, VA-based on-demand pickup and delivery service targeting the heavy goods shipping market, received funding from the CIT GAP Funds.
The amount of the deal was not disclosed.
The company intends to use the funds to enha... |
| Jun 26, 2015 | TypeZero Technologies Raises Funding | TypeZero Technologies, LLC, a Charlottesville-based healthcare technology company, raised an undisclosed amount of funding.
The round was led by CIT GAP Funds with participation from other investors.
Led by Chad Rogers, CEO, TypeZero Techno... |
| May 6, 2015 | e-Kare Raises Funding | e-Kare, Inc., a Fairfax, VA-based digital health company that speeds the assessment and monitoring of chronic wounds, raised a funding of undisclosed amount.
The Center for Innovative Technology‘s CIT GAP Funds made the investment.
The comp... |
| Feb 3, 2015 | Ostendio Raises Funding from CIT GAP Funds | Ostendio, Inc., an Arlington, VA-based startup that delivers affordable information security & privacy compliance solutions to digital health companies, raised funding from The Center for Innovative Technology’s CIT GAP Funds.
The amoun... |
| Sep 23, 2014 | Biotherapeutics Receives Funding from CIT GAP Funds | Biotherapeutics, Inc., a Blacksburg, VA-based company advancing therapeutics to treat inflammation and diabetes, received a funding from CIT GAP Funds.
The amount of the funding wqas not disclosed.
The company intends to use the funds to pe... |
| Aug 13, 2014 | CargoSense Raises Funding | CargoSense, a Reston, VA-based startup offering a big data and analytics product to healthcare logistics providers, raised a funding of undisclosed amount.
The CIT GAP Funds and New Dominion Angels, a Virginia-based angel investment group, ... |
| Aug 12, 2014 | PhosImmune Receives Investment from CIT GAP Funds | PhosImmune, a Charlottesville, VA-based clinical-stage biotechnology company developing therapeutic cancer vaccines, received an investment from Center for Innovative Technology (CIT) GAP Funds.
The amount of the transaction was not disclos... |
| Apr 22, 2014 | Zoobean Receives Investment from the CIT GAP Funds | Zoobean, an Arlington, VA-based startup that creates personalized selections of children’s apps, books and reading guides, received an investment from the CIT GAP Funds.
The amount of the transaction was not disclosed. Shark Tank’s Mark Cub... |
| Apr 17, 2014 | Riogin Raises Funding from CIT GAP Funds | Riogin, a Charlottesville, VA-based company that provides solutions to solve issues related to peptide therapeutics, raised a funding from CIT GAP Funds.
The amount of the funding was not disclosed.
The company intends to use the funds to a... |
| Apr 17, 2014 | Urgent.ly Raises Funding with CIT GAP Funds | Urgent.ly, a Northern Virginia-based startup that provides a mobile on-demand platform that connects users with nearby and available roadside assistance, raised a funding round with CIT GAP Funds.
The amount of the deal was not disclosed.
T... |
| Apr 15, 2014 | Private Practice Raises Funding from CIT GAP Funds | Private Practice, a Charlottesville, VA-based digital health company, raised funding from CIT GAP Funds.
The amount of the deal was not disclosed.
The company intends to use the funds to add product developers to the team to enhance product... |
| Apr 15, 2014 | Fitnet Raises $1.4M in Series A Financing | Fitnet, a Blacksburg, VA-based developer of a mobile fitness training app, raised $1.4m in Series A financing.
Backers included Valleys’ Ventures, LP and CIT Gap Funds.
The company intends to use the funds to expand the capabilities of the ... |
| Apr 12, 2014 | Neoantigenics Raises Funding Round with CIT GAP Funds | Neoantigenics, a Charlottesville, VA-based biotech company that is developing a targeted treatment for cancer, raised a funding round with the CIT GAP Funds.
The amount of the funding was not disclosed.
The company intends to use the capita... |
| Feb 19, 2014 | Encore Raises Funding from CIT GAP Funds | Encore, a Rosslyn, VA-based company that provides proactive social alerts to marketers, raised funding from CIT GAP Funds.
The amount of the investment was not disclosed.
The company intends to use the funds to expand its team and accelerat... |
| Jan 15, 2014 | PerformYard Raises Funding from CIT GAP Funds | PerformYard, an Arlington, VA-based startup that provides enterprise software for employee performance and human resources information, raised funding from CIT GAP Funds.
The amount of the deal was not disclosed.
The company intends to use ... |
| Dec 17, 2013 | DivvyCloud Receives Funding from CIT GAP Funds | DivvyCloud, a McLean, VA-based startup that provides software to help companies optimize their hybrid cloud-based IT infrastructure, received funding from CIT GAP Funds.
The amount of the deal was not disclosed.
The company intends to use t... |
| Dec 11, 2013 | ADR Software Receives Investment from CIT GAP Funds | ADR Software, a Reston, VA-based provider of an innovative solution for construction general contractors and project owners to collect, document, and evaluate labor information in real-time, received an investment from CIT GAP Funds.
The am... |
| Dec 5, 2013 | Power Supply Raises Funds | Power Supply, an Arlington, VA-based startup that produces table-ready meals that professionals can access at their gym or studio, raised funding from CIT GAP Funds.
The amount of the investment was not disclosed.
The company intends to use... |
| Nov 25, 2013 | LiveSafe Receives Investment from CIT GAP Funds | LiveSafe, an Arlington, VA-based a provider crowdsourced mobile crime reporting platform, received an investment from the CIT GAP Funds.
The amount of the deal was not disclosed.
The company intends to use the funds for development and expa... |
| Nov 14, 2013 | DataRPM Raises $800K in Funding | DataRPM, a Fairfax, VA-based provider of a natural language and computational search-based Business Intelligence (BI) platform for Big Data analysis, raised $800k in funding.
Backers included 20K Industries, CIT GAP Funds and other angel in... |
| Nov 14, 2013 | CIT GAP Funds and 20K Industries Lead $800K Investment in DataRPM, a Natural Language Big Data Analytics Startup | DataRPM’s platform empowers any enterprise to embed patent-pending computational search technology and natural language analytics into any software application
FAIRFAX, Va.–(BUSINESS WIRE)–November 14, 2013–
DataRPM, the industry pioneer in... |
| Oct 23, 2013 | SL8Z Raises Funding | SL8Z, Inc., a Reston, Va.-based global marketplace for crowdsourced recruiting, raised funding from CIT GAP Funds.
The amount of the deal was not disclosed.
The company intends to use the capital to hire additional account executives and dr... |
| Sep 17, 2013 | Fitnet Raises Funding | Fitnet, a Blacksburg, Virginia-based virtual fitness studio application, raised a funding from The Center for Innovative Technology (CIT)‘s CIT GAP Funds.
The amount of the deal remained undisclosed.
The company intends to use the funds to ... |
| Sep 11, 2013 | EVS Glaucoma Therapeutics Closes Investment with CIT GAP Funds | EVS Glaucoma Therapeutics, a Herndon-based spinout of Euclid Vision Systems that develops a sustained delivery system for glaucoma medication, closed an investment with the Center for Innovative Technology’s GAP Funds.
The amount of the fun... |
| Aug 8, 2013 | WealthForge Holdings Raises Funding | WealthForge Holdings, Inc., a Richmond-based company that runs a transactional system connecting to crowdfunding portals, investment banks and investment advisors, raised a funding of undisclosed amount.
CIT GAP Funds made the investment.
T... |
| Jul 10, 2013 | CirrusWorks Raises Funding | CirrusWorks, a Herndon, VA-based developer of network control platforms, received an investment from The Center for Innovative Technology‘s CIT GAP Funds
The company intends to use the funds for market presence expansion and for product dev... |
| Jul 9, 2013 | LendPro Receives Investment from CIT GAP Funds | LendPro, a Charlottesville, Virginia-based in-store consumer financing platform, received an investment from the Center for Innovative Technology‘s CIT GAP Funds.
The amount of the transaction was not disclosed.
Te company intends to use th... |
| Apr 4, 2013 | VividCortex Receives Funding from CIT GAP Funds | VividCortex, a Charlottesville-based system performance management company that builds SaaS tools to helps clients run IT systems, received a funding from the Center for Innovative Technology‘s CIT GAP Funds.
The amount of the investment wa... |
| Feb 4, 2013 | Kaprica Security Receives $100K in Funding | Kaprica Security, a Herndon, VA-based mobile security company commercializing a smartphone charger, received $100k in funding.
The investment was made by the Center for Innovative Technology (CIT) GAP Funds.
The company intends to use the c... |
| Nov 29, 2012 | Cont3nt.com Receives Investment from the CIT | Cont3nt.com, a Dulles, Va.-based marketplace for breaking photo and video journalism that connects creators and acquirers in real-time, has received an investment from the Center for Innovative Technology (CIT).
The company intends to use t... |
| Nov 27, 2012 | Veenome Raises $100K | Veenome, an Arlington, Va.-based company that provides a platform which allows advertising networks and publishers to monitor a product’s performance on online video, has received a $100k investment from the Center for Innovative Technology... |
| Nov 20, 2012 | Lewis and Clark Pharmaceuticals Raises $100K in Funding | Lewis and Clark Pharmaceuticals, Inc., a Charlottesville, Va.-based developer of novel adenosine-based pharmaceutical compounds for autoimmune and other diseases, has raised $100k in funding.
The investment was made by the Center for Innova... |
| Oct 9, 2012 | Uppidy Raises $50K in Funding | Uppidy Inc., a Reston, Va.-based mobile sharing, search and storage technology company, has raised $50k in funding.
The capital has been provided by the Center for Innovative Technology‘s GAP Funds (CIT GAP Funds).
The company intends to us... |
| Sep 25, 2012 | BrightContext Receives Investment from CIT GAP Funds | BrightContext Corporation, an Arlington, Va.-based provider of a platform to build applications that process large streams of real-time data, has received an investment from the Center for Innovative Technology (CIT).
The company intends to... |
| Sep 13, 2012 | Speek Raises $100K in Funding from the CIT GAP Funds | Speek Inc., a Sterling, Va.-based provider of alternative solutions to conference calls for both web and mobile users, has raised $100k in funding from the CIT GAP Funds.
The company intends to use the funding to build out its product and a... |
| Sep 4, 2012 | YaSabe Raises Funding | YaSabe, Inc., a Herndon, VA-based online search engine designed to help Latinos in the US find and discover businesses, jobs, and other information locally, has raised an undisclosed amount of funding.
Backers include the Center for Innovat... |
| Jul 18, 2012 | Power Fingerprinting Raises $50K in Funding | Power Fingerprinting, Inc., a Blacksburg, Va.-based provider of patent-pending solutions that detect embedded security threats in computer systems, protecting against malicious cyber attacks, has raised $50k from the Center for Innovative T... |
| Jun 11, 2012 | OhMyGov Raises Funding | OhMyGov Inc., a Alexandria, Va.-based media and technology firm that provides critical media intelligence, political analysis, and communication services via its proprietary open source intelligence analysis software, has received a follow o... |
| Apr 4, 2012 | VanGogh Imaging Raises $100K | VanGogh Imaging, Inc., a McLean, Va.-based software company that offers 3-D computer vision technology for high volume mobile applications, has raised $100k in funding from the Center for Innovative Technology (CIT)
The company intends to u... |
| Mar 7, 2012 | Harbinger Technology Solutions Receives $100K Investment | Harbinger Technology Solutions, LLC (HTS), a Norfolk, Va.-based provider of a web-based platform that helps financial institutions comply with increasingly complex reporting requirements promulgated by the Financial Accounting Standards Boa... |
| Feb 7, 2012 | Distil Receives $100K Investment from CIT GAP Funds | Distil, Inc., a Falls Church, Va.-based software as a service web security company, has received a $100k investment from the Center for Innovative Technology’s CIT GAP Funds.
Led by Founder and CEO Rami Essaid, the company provides solution... |
| Feb 3, 2012 | WireTough Cylinders Receives $200K Investment from Commonwealth Energy Fund | WireTough Cylinders, LLC, a Bristol, Va.-based manufacturer of compressed natural gas (CNG) cylinders reinforced with steel wire, has received a $200k investment from the Center for Innovative Technology‘s Commonwealth Energy Fund (CEF).
Th... |
| Jan 26, 2012 | RecargaX Receives $200K Investment from CIT GAP Funds | RecargaX, LLC, a Leesburg, Va.-based company that allows money service businesses (MSBs) to expand their service offerings to large unbanked and under-banked sectors of the economy, has received a $200k investment from CIT GAP Funds.
The co... |
| Jan 19, 2012 | SphynKx Therapeutics Receives $50K Investment from CIT GAP Funds | SphynKx Therapeutics LLC, a Charlottesville, Va.-based biotechnology company, has received a $50k investment from CIT GAP Funds.
SphynKx intends to use the funding to conduct further research.
Co-founded by President, CEO Andrew Bolt, CSO K... |
| Jan 11, 2012 | PublicRelay Receives Investment from CIT GAP Funds | PublicRelay, Reston, a Va.-based company that provides an intelligence system for corporate communications and public relations executives, has received an investment of undisclosed amount from the Center for Innovative Technology (CIT)’s C... |
| Jan 9, 2012 | Rivanna Medical Raises $50K | Rivanna Medical, a University of Virginia (U.Va.)-based start-up that specializes in portable, low-cost, radiation-free X-ray replacement technology based on medical ultrasound, has received a $50k investment from the Center for Innovative ... |