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CIT GAP Funds makes seed-stage equity investments in Virginia-based technology and life science companies with a high potential for achieving rapid growth and generating significant economic return.

Investment Advisory Board - Daniel Barchi

Daniel Barchi
President and CEO, Carilion Biomedical Institute
Investment Advisory Board – August 2006 to Present
GAP BioLife Investment Committee Member

Daniel Barchi is president and CEO of the Carilion Biomedical Institute which creates technology and businesses to improve health care and stimulate economic development. Barchi was formerly director of Technology and Engineering for WorldCom, Inc. where he oversaw global data center strategy and managed two subsidiary companies in the transportation industry. Earlier, Barchi was MCI's director of Global Project Management where he managed an international team of product deployment specialists. Barchi is on the boards of the NewVa Corridor Technology Council (NCTC), the Virginia Biotechnology Association, the Southwest Virginia Second Harvest Food Bank and the Roanoke Regional Chamber of Commerce. Barchi holds a Master of Engineering Management from Old Dominion University and a Bachelor of Science from Annapolis, the U.S. Naval Academy.

 

GAP Fund I Highlights

  • Global Cell Solutions closed a Series A round on 4/22/08
  • SquareLoop closed a Series A round on 12/17/07
  • Tau closed a Series A round on 10/19/07
  • Verical closed a Series A round on 9/27/07
  • Plurapage closed a Series A round on 4/13/07
  • 4FrontSecurity was acquired by Symantec on 2/23/07
  • Visure closed a Series A round on 2/22/07
  • RollStream closed a Series A round on 7/17/06
  • Paxfire closed a Series A round on 4/22/05
 
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