# Covington Group: portfolio, investments and team > Covington Group is a vc firm based in United States. 16 investments on record, latest Jan 2014. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/covington-group (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Covington Group Last cheque observed Jan 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet VC firm Website unconfirmed Seed Series A Series B Industrial Commercial Cheques on record **0%** of best year **0** **cheques in 12 months**, 16 on record Since the last cheque **4675** days **00** hrs **00** min **00** sec Median round **$5.8M** Rounds led **0 of 16** Sole investor **1 rounds** Exits **4 from the portfolio** Mostly in **Canada, 73%** Pitch Covington Group ## Covington Group highlights - 01 16 rounds on record - 02 Mostly Series B and Venture: 63% of its rounds - 03 Sole investor in 1 rounds, median $5.0M - 04 4 exits from the portfolio ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Industrial Commercial - **Based in:** Dallas, United States - **Cold pitches:** Not accepted A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=covington-group). ## The record Every round we can evidence, newest first **16 appearances** - **2014** 1 round - **Jan** **[BTI Systems](https://millionrounds.com/company/bti-systems)** Series D · US **$27M** With 3 others - **2013** 1 round - **Feb** **[BTI Systems](https://millionrounds.com/company/bti-systems)** Series C · CA · techcrunch.com **$10M** With 3 others - **2010** 1 round - **Mar** **[Aimetis](https://millionrounds.com/company/aimetis)** Series A · CA · securitysystemsnews.com **$5.0M** Sole investor - **2008** 1 round - **Dec** **[Interface Biologics, Inc.](https://millionrounds.com/company/interface-biologics-inc)** Venture · CA **$5.0M** With 1 other - **2005** 8 rounds - **Nov** Series B **$7.4M** With 2 others - **Nov** **[NetIQ](https://millionrounds.com/company/netiq)** Series B · US **$7.4M** With 2 others - **May** **[Agilisys](https://millionrounds.com/company/agilisys)** Venture · US **$5.6M** With 3 others - **May** **[Agile Systems](https://millionrounds.com/company/agile-systems)** Venture · CA · agile-systems.com **$7.0M** With 4 others - **Apr** **[FirstHand Technologies](https://millionrounds.com/company/firsthand-technologies)** Series B · CA **$6.0M** With 1 other - **Apr** **[Coreworx](https://millionrounds.com/company/coreworx)** Series B · CA **$8.7M** With 6 others - **Feb** **[Diaphonics](https://millionrounds.com/company/diaphonics)** Series A · CA **$2.9M** With 3 others - **Jan** **[Resolver](https://millionrounds.com/company/resolver)** Series B · CA **$3.8M** With 2 others - **2004** 1 round - **Jan** **[Atsana Semiconductor](https://millionrounds.com/company/atsana-semiconductor)** Venture · CA **$10M** With 3 others - **2003** 2 rounds - **Jun** **[Cloakware](https://millionrounds.com/company/cloakware)** Series B · US **$4.2M** With 1 other - **Feb** **[Wysdom](https://millionrounds.com/company/wysdom)** Series C · CA **$5.1M** With 1 other - **2001** 1 round - **Oct** **[Kyberpass Corporation](https://millionrounds.com/company/kyberpass-corporation)** Series C · CA **$4.0M** With 2 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **15** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## Exits from the portfolio Companies it backed that were later bought or listed **4 in all** **[Cloakware](https://millionrounds.com/company/cloakware)** Bought by Xceedium **Undisclosed** Sept 2011 **[FirstHand Technologies](https://millionrounds.com/company/firsthand-technologies)** Bought by CounterPath Corporation **Undisclosed** Feb 2008 **[Cloakware](https://millionrounds.com/company/cloakware)** Bought by [Irdeto](https://millionrounds.com/fund/irdeto) **$73M** Dec 2007 **[Atsana Semiconductor](https://millionrounds.com/company/atsana-semiconductor)** Bought by MtekVision **Undisclosed** Aug 2005 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$5.8M** the round, not its cheque Alone, median **$5.0M** Led 0 of 16 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Jan 2014 - **Exits:** 4 from the portfolio Rounds by stage said on their site - Series B said *6* - Venture *4* - Series C *3* - Series A said *2* - Series D *1* - Seed said *-* - Growth said *-* Cheques by year Led Joined 2001 2014 Often in the room with - [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 4 - [Roynat Equity Partners](https://millionrounds.com/fund/roynat-capital) 3 - [BEST Funds](https://millionrounds.com/fund/b-e-s-t-funds) 2 - [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) 2 - [Expansion Capital Partners](https://millionrounds.com/fund/expansion-capital-partners) 2 - [GrowthWorks](https://millionrounds.com/fund/growthworks) 2 **Pitching Covington Group?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Covington Group. A count of rooms they were both in, not a relationship either has claimed. [**BDC Capital** VC firm **4** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Roynat Equity Partners** VC firm **3** rounds together](https://millionrounds.com/fund/roynat-capital)[**BEST Funds** VC firm **2** rounds together](https://millionrounds.com/fund/b-e-s-t-funds)[**Bain Capital Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/bain-capital-ventures)[**Expansion Capital Partners** Investment firm **2** rounds together](https://millionrounds.com/fund/expansion-capital-partners)[**GrowthWorks** VC firm **2** rounds together](https://millionrounds.com/fund/growthworks)[**Insight Partners** VC firm **2** rounds together](https://millionrounds.com/fund/insight-venture-partners)[**Skylon Advisors** Growth equity **2** rounds together](https://millionrounds.com/fund/skylon-advisors) ## Quick answers about Covington Group ### What does Covington Group invest in? Covington Group invests most often at Series B and Venture (63% of the rounds on record), in sectors such as Industrial and Commercial. ### How active is Covington Group? 16 investments on record, 0 of them in the last 12 months. The most recent was in Jan 2014. ### How big are Covington Group's cheques? The median round it joins is $5.8M. ### Does Covington Group lead rounds? Rarely, if at all: none of its 16 investments on record names it as the lead. ### Where does Covington Group invest? Most of the companies it backs are in Canada (73%) and the United States (27%). ### Is Covington Group investing now? No investments in the last 12 months; the latest was in Jan 2014. ### Who does Covington Group invest alongside? Most often BDC Capital (4 rounds together), Roynat Equity Partners (3 rounds together) and BEST Funds (2 rounds together). ### What kind of investor is Covington Group? Covington Group is a VC firm based in Dallas, United States. ## Raising now? 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