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.
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4FrontSecurity, Inc.
Reston, Virginia
CEO: Chris Parker
Company Status: Acquired by Symantec – 2/23/07
Investment Status: Historical
Fund: GAP Fund I
Software-as-Service platform for distributed risk and compliance management and reporting. |
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4Wave, Inc.
Sterling, Virginia
CEO: Sammy Antrazi
Company Status: Private
Investment Status: Historical
Fund: GAP Fund I
Gradient ion beam deposition process for optical and semiconductor device production. |
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Bent Systems
Fairfax, Virginia
CEO: Sylvanus Bent
Company Status: Private
Investment Status: Current
Fund: GAP Fund I
Supply chain platform for mid-tier vendors to link their RFID-enabled inventory systems to public and private customers. |
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Eye Q Development, Inc.
Reston, Virginia
CEO: Cliff Krieg
Company Status: Private
Investment
Status: Current
Fund:
GAP Tech Fund
Suite of proprietary RFID products that provide real-time tracking of assets and personnel. |
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Engineered Products of Virginia, LLC
Saltville, Virginia
CEO: Curtis Frye
Company Status: Private
Investment Status: Current
Fund: TAP Fund
Developer and manufacturer of innovative electronic and electrical products for the electrical transformer, motor and electrical apparatus manufacturing industries. |
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GCPay
South Hill, Virginia
CEO: Sherwood H. Creedle
Company Status: Private
Investment
Status: Current
Fund:
GAP Tech Fund
Online
application that simplifies and automates construction process payments. |
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Global Cell Solutions, LLC
Charlottesville, Virginia
CEO: Uday Gupta
Company Status: Closed Series A Round - 4/22/08
Investment Status: Current
Fund: GAP Fund I
Low-shear three dimensional cell culturing hardware and growth media. |
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Innovative Biologics
Sterling, Virginia
CEO: Jeff Conroy
Company Status: Private
Investment Status: Current
Fund: GAP Bio Fund
Anti-infective small molecule drug discovery and development company searching for new anti-microbial drugs targeting bacterial toxins. |
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LT Technologies, LLC.
Chantilly, Virginia
CEO: Mark Tian
Company Status: Private
Investment Status: Current
Fund: GAP Fund I
Microwave
technology for broad-scale processing of semiconductors and electronic materials. |
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Mpowerplayer, Inc.
Reston, Virginia
CEO: Michael Powers
Company Status: Private
Investment Status: Current
Fund: GAP Fund I
On-line platform for mobile gaming distribution and play technology. |
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Natural Insight
Sterling, Virginia
CEO: Stefan Midford
Company Status: Private
Investment Status: Current
Fund: GAP Fund I
Software-as-Service platform for distributed workforce and task management. |
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NBE Technologies, LLC
Blacksburg, Virginia
CEO: Dr. Guo-Quan Lu
Company Status: Private
Investment Status: Current
Fund: GAP Fund I
Lead-free, high-performance and high-temperature device interconnection materials. |
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nexGenVS
Blacksburg, Virginia
CEO: Richard Morrow
Company Status: Private
Investment Status: Current
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. |
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nexVortex
Herndon, Virginia
CEO: Fred Fromm
Company Status: Private
Investment Status: Current
Fund:
GAP Tech Fund
Business Grade IP Services, offering SIP Trunking and Audio Conferencing. |
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OTraces
Herndon, Virginia
CEO: Keith Lingenfelter
Company Status: Private
Investment Status: Current
Fund: GAP Bio Fund
Highly accurate and sensitive blood screening tests for breast, prostate, lung and ovarian cancers. |
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Paxfire, Inc.
Herndon, Virginia
CEO: Mark Lewyn
Company Status: Closed Series A Round – 4/22/05
Investment Status: Historical
Fund: GAP Fund I
Platform for redirection of address-bar "Hotword" search mistypes. |
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Piedmont Bioproducts, LLC
Gretna, Virginia
CEO: Ken Moss
Company Status: Private
Investment Status: Current
Fund: TAP Fund
Renewable resource company that will generate products derived from energy crops grown by farmers in a closed loop system within a specified radius of its refinery. |
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PluraPage
Herndon, Virginia
CEO: Joseph Rizzo
Company Status: Series A Round – 4/13/07
Investment Status: Current
Fund: GAP Fund I
Software-as-Service platform for creating and executing cost-effective lead generation. |
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RollStream
Fairfax, Virginia
CEO: Jay Jayahoman
Company Status: Series A-1 Round – 9/4/07
Investment Status: Current
Fund: GAP Fund I
Hosted platform for distributed enterprise-wide technology and process rollouts. |
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Soft Tissue Regeneration LLC
Earlysville, Virginia
CEO: Joseph Reilly
Company Status: Private
Investment Status: Current
Fund: GAP Bio Fund
Soft tissue regeneration of the anterior cruciate ligament (“ACL”) of the knee.
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SquareLoop, Inc.
Reston, Virginia
CEO: Tom Stroup
Company Status: Series A Round – 12/17/07
Investment Status: Current
Fund: GAP Fund I
Location-Based Services (LBS) platform for time-specific public alerting and content delivery. |
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SwipePay Mobile, Inc.
Alexandria, Virginia
CEO: Chris Wuhrer
Company Status: Private
Investment Status: Current
Fund:
GAP Tech Fund
Secure mobile application and middleware platform for prepaid reload and gifting. |
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Tau Therapeutics
Charlottesville, Virginia
CEO: Andrew Krouse
Company Status: Series A Round – 10/19/07
Investment Status: Current
Fund: GAP Fund I
Calcium T-channel blocking agents for anti-angiogenesis treatment of tumor-based diseases. |
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Verical Incorporated
Alexandria, Virginia
CEO: Josef Ruef
Company Status: Series A Round – 9/27/07
Investment Status: Current
Fund: GAP Fund I
Hosted trade management platform for secondary electronic components. |
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Visure
Richmond, Virginia
CEO: Michael Song
Company Status: Closed
Series A Round – 2/22/07
Investment Status: Current
Fund: GAP Fund I
Hosted product placement metrics and market research platform. |
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WorkProducts, Inc.
Reston, Virginia
CEO: Steve Lilley
Company Status: Private
Investment Status: Current
Fund:
GAP Tech Fund
Real time and forensic monitoring and archiving of enterprise electronic records and communications. |
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.
