United States · Investor

Maryland Department of Business and Economic Development

Last cheque observed Aug 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Series ASeries BSeries CBiotechnology

Cheques on record
0%of best year0cheques in 12 months, 20 on record
Since the last cheque4082days00hrs00min00sec
Median round$5.7MRounds led0 of 20Sole investor5 roundsExits2 from the portfolioMostly inUnited States, 100%
Pitch Maryland Department of Business and Economic Development

Maryland Department of Business and Economic Development highlights

  1. 01

    20 rounds on record

  2. 02

    Mostly Series A and Series B: 58% of its rounds

  3. 03

    Sole investor in 5 rounds, median $225K

  4. 04

    2 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
Biotechnology
Based in
United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first20 appearances

  1. 2015

    1 round

  2. Aug
    Link LabsSeries A · US$5.7MWith 1 other
  3. 2014

    1 round

  4. Jun
    Mobile System 7Grant · US$400KSole investor
  5. 2012

    1 round

  6. Nov
    TRX SystemsSeries A · US · finsmes.com$2.0MWith 2 others
  7. 2010

    1 round

  8. Jan
    ZymetisGrant · US · zymetis.com$1.5MSole investor
  9. 2008

    4 rounds

  10. Jun
    My Ad BoxVenture · US · choosemaryland.org$50KSole investor
  11. May
    Innovative BiosensorsVenture · US$9.5MWith 3 others
  12. Jan
    NeuroNascentVenture · US · articles.baltimoresun.com$50KSole investor
  13. Jan
    ZenossSeries B · US · thealarmclock.com$11MWith 3 others
  14. 2007

    2 rounds

  15. Dec
    SirnaomicsUS · media.prnewswire.comUndisclosedSole investor
  16. Nov
    Three Stage MediaSeries C · US · encyclopedia.com$15MWith 5 others
  17. 2006

    2 rounds

  18. Aug
    ZenossSeries A · US · zenoss.com$4.8MWith 3 others
  19. Feb
    Three Stage MediaSeries B · US · bizjournals.com$7.5MWith 2 others
  20. 2005

    2 rounds

  21. May
    Fidelis Security SystemsSeries A · US · washingtonpost.com$4.1MWith 3 others
  22. Jan
    Advanced BioNutritionSeries B · US$7.5MWith 5 others
  23. 2004

    4 rounds

  24. Aug
    GlycoMimeticsSeries A · US$5.1MWith 5 others
  25. Jun
    Bluefire Security TechnologiesSeries C · US$10MWith 4 others
  26. May
    Panacos PharmaceuticalsSeries C · US$18MWith 7 others
  27. Apr
    QoviaSeries B · US$11MWith 3 others
  28. 2003

    1 round

  29. Oct
    QoviaSeries A · US$5.5MWith 2 others
  30. 2002

    1 round

  31. Nov
    Bluefire Security TechnologiesSeries B · US$6.0MWith 3 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.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

Fidelis Security SystemsBought by Marlin Equity PartnersUndisclosedApr 2015
QoviaBought by CiscoUndisclosedJan 2007

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Maryland Department of Business and Economic Development. A count of rooms they were both in, not a relationship either has claimed.

Anthem Capital ManagementInvestment firm3rounds togetherBoulder VenturesVC firm2rounds togetherGrotech VenturesVC firm2rounds togetherIntersouth PartnersVC firm2rounds togetherJK&B CapitalVC firm2rounds togetherMaryland Angels CouncilVC firm2rounds togetherNokia Growth PartnersVC firm2rounds togetherThe Grosvenor FundsVC firm2rounds togetherValhalla PartnersVC firm2rounds togetherWalker VenturesVC firm2rounds together

Quick answers about Maryland Department of Business and Economic Development

What does Maryland Department of Business and Economic Development invest in?

Maryland Department of Business and Economic Development invests most often at Series A and Series B (58% of the rounds on record), in sectors such as Biotechnology.

How active is Maryland Department of Business and Economic Development?

20 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2015.

How big are Maryland Department of Business and Economic Development's cheques?

The median round it joins is $5.7M.

Does Maryland Department of Business and Economic Development lead rounds?

Rarely, if at all: none of its 20 investments on record names it as the lead.

Where does Maryland Department of Business and Economic Development invest?

Most of the companies it backs are in the United States (100%).

Is Maryland Department of Business and Economic Development investing now?

No investments in the last 12 months; the latest was in Aug 2015.

Who does Maryland Department of Business and Economic Development invest alongside?

Most often Anthem Capital Management (3 rounds together), Boulder Ventures (2 rounds together) and Grotech Ventures (2 rounds together).

What kind of investor is Maryland Department of Business and Economic Development?

Maryland Department of Business and Economic Development is a VC firm based in United States.

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