# Mid-Atlantic Venture Funds: portfolio, investments and team

> Mid-Atlantic Venture Funds is a family office based in United States. 20 investments on record, latest Mar 2012. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mid-atlantic-fund (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Mid-Atlantic Venture Funds

Last cheque observed Mar 2012. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet Family office Website unconfirmed

Pre-seed Seed Series A Technology Healthcare Services

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 20 on record

Since the last cheque **5352** days **00** hrs **00** min **00** sec

Median round **$6.5M** Rounds led **0 of 20** Exits **5 from the portfolio** Mostly in **United States, 100%**

Pitch Mid-Atlantic Venture Funds

## Mid-Atlantic Venture Funds highlights

- 01 20 rounds on record
- 02 Mostly Series B and Series C: 50% of its rounds
- 03 5 exits from the portfolio

## What they do

- **Type:** Family office
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Technology Healthcare Services
- **Based in:** United States
- **Cold pitches:** 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=mid-atlantic-fund).

## The record

Every round we can evidence, newest first **20 appearances**

- **2012** 1 round
- **Mar** **[Molecular Detection](https://millionrounds.com/company/molecular-detection)** Venture · US · finsmes.com **$1.5M** With 2 others
- **2006** 2 rounds
- **Oct** **[Colubris Networks](https://millionrounds.com/company/colubris-networks)** Venture · US · fiercebroadbandwireless.com **$14M** With 3 others
- **Aug** **[ProVox Technologies](https://millionrounds.com/company/provox-technologies)** Series D · US **$500K** With 5 others
- **2005** 3 rounds
- **Nov** **[NextPoint Networks](https://millionrounds.com/company/nextpoint-networks)** Series D · US **$35M** With 4 others
- **Sept** **[TapRoot Systems](https://millionrounds.com/company/taproot-systems)** Series B · US · triangle.bizjournals.com **$6.5M** With 2 others
- **Mar** **[Colubris Networks](https://millionrounds.com/company/colubris-networks)** Series C · US · encyclopedia.com **$15M** With 6 others
- **2004** 4 rounds
- **Jun** **[CareGain](https://millionrounds.com/company/caregain)** Series B · US **$6.8M** With 4 others
- **Apr** **[TapRoot Systems](https://millionrounds.com/company/taproot-systems)** Series A · US **$7.0M** With 1 other
- **Mar** **[Colubris Networks](https://millionrounds.com/company/colubris-networks)** Series C · US **$13M** With 3 others
- **Jan** **[MindMatters Technologies](https://millionrounds.com/company/mindmatters-technologies)** Venture · US **Undisclosed** With 1 other
- **2003** 4 rounds
- **Dec** **[sentitO Networks](https://millionrounds.com/company/sentito-networks)** Series C · US **$19M** With 4 others
- **May** **[Netilla Networks](https://millionrounds.com/company/netilla-networks)** Series C **$6.0M** With 4 others
- **Mar** **[sentitO Networks](https://millionrounds.com/company/sentito-networks)** Series B · US **$14M** With 5 others
- **Jan** **[ProVox Technologies](https://millionrounds.com/company/provox-technologies)** Series C · US **$5.8M** With 4 others
- **2001** 3 rounds
- **Oct** **[Interscope Technologies](https://millionrounds.com/company/interscope-technologies)** Series B · US **$3.0M** With 1 other
- **Sept** **[Response Networks](https://millionrounds.com/company/response-networks)** Series D **$4.0M** With 5 others
- **Jan** **[Netilla Networks](https://millionrounds.com/company/netilla-networks)** Series A **$6.5M** With 1 other
- **2000** 1 round
- **Dec** **[WorldStor](https://millionrounds.com/company/worldstor)** Series B **$33M** With 3 others
- **1999** 2 rounds
- **Dec** **[Para-Protect Inc](https://millionrounds.com/company/para-protect-inc)** Series A · US **$1.1M** With 1 other
- **Nov** **[MindLever Corporation](https://millionrounds.com/company/mindlever-corporation)** Series A · US **$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 **2** 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 **5 in all**

**[CareGain](https://millionrounds.com/company/caregain)** Bought by Canopy Financial **Undisclosed** Oct 2008

**[Colubris Networks](https://millionrounds.com/company/colubris-networks)** Bought by [Hewlett-Packard](https://millionrounds.com/fund/hewlett-packard) **Undisclosed** Aug 2008

**[NextPoint Networks](https://millionrounds.com/company/nextpoint-networks)** Bought by [Saints Capital](https://millionrounds.com/fund/saints-capital) **Undisclosed** May 2008

**[Netilla Networks](https://millionrounds.com/company/netilla-networks)** Bought by AEP Networks **Undisclosed** Dec 2004

**[Interscope Technologies](https://millionrounds.com/company/interscope-technologies)** Bought by Trestle Holdings **Undisclosed** Dec 2004

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

## The cheque

Pre-seed Seed Series A

Median round joined **$6.5M** the round, not its cheque

Led 0 of 20 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Mar 2012
- **Exits:** 5 from the portfolio

Rounds by stage said on their site

- Series B *5*
- Series C *5*
- Series A said *4*
- Series D *3*
- Venture *3*
- Pre-seed said *-*
- Seed said *-*

Cheques by year Led Joined

1999 2012

Often in the room with

- [GrandBanks Capital](https://millionrounds.com/fund/grandbanks-capital) 3
- [Telecommunications Development Fund](https://millionrounds.com/fund/telecommunications-development-fund) 3
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 2
- [CORE Capital Partners](https://millionrounds.com/fund/core-capital-partners-2) 2
- [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) 2
- [ECentury Capital Partners](https://millionrounds.com/fund/ecentury-capital-partners) 2

**Pitching Mid-Atlantic Venture Funds?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Mid-Atlantic Venture Funds. A count of rooms they were both in, not a relationship either has claimed.

[**GrandBanks Capital** VC firm **3** rounds together](https://millionrounds.com/fund/grandbanks-capital)[**Telecommunications Development Fund** Investment firm **3** rounds together](https://millionrounds.com/fund/telecommunications-development-fund)[**BDC Capital** VC firm **2** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**CORE Capital Partners** Investment firm **2** rounds together](https://millionrounds.com/fund/core-capital-partners-2)[**DCM Ventures** Private equity **2** rounds together](https://millionrounds.com/fund/dcm-ventures)[**ECentury Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/ecentury-capital-partners)[**Inflection Point Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/inflection-point-ventures)[**Intersouth Partners** VC firm **2** rounds together](https://millionrounds.com/fund/intersouth-partners)[**Keystone Venture Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/keystone-venture-capital)[**Kodiak Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/kodiak-venture-partners)[**MRW Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/mrw-capital)[**Monument Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/monument-capital-partners)

## Quick answers about Mid-Atlantic Venture Funds

### What does Mid-Atlantic Venture Funds invest in?

Mid-Atlantic Venture Funds invests most often at Series B and Series C (50% of the rounds on record), in sectors such as Technology, Healthcare and Services.

### How active is Mid-Atlantic Venture Funds?

20 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2012.

### How big are Mid-Atlantic Venture Funds's cheques?

The median round it joins is $6.5M.

### Does Mid-Atlantic Venture Funds lead rounds?

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

### Where does Mid-Atlantic Venture Funds invest?

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

### Is Mid-Atlantic Venture Funds investing now?

No investments in the last 12 months; the latest was in Mar 2012.

### Who does Mid-Atlantic Venture Funds invest alongside?

Most often GrandBanks Capital (3 rounds together), Telecommunications Development Fund (3 rounds together) and BDC Capital (2 rounds together).

### What kind of investor is Mid-Atlantic Venture Funds?

Mid-Atlantic Venture Funds is a family office based in United States.

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