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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 - John May

John May
Managing Partner, New Vantage Group
Investment Advisory Board – November 2003 to May 2007

John May has been a leader in mobilizing private equity capital and has more than 15 years of experience with venture funds. May was a founder of New Vantage Group, a firm that innovatively mobilizes private equity into early-stage companies and provides advisory services to both funds and angel "clubs." May is managing general partner of Calvert Social Venture Partners, LP, a Washington, D.C.-based venture capital firm. He is also an adviser to and a member of the Investment Committee of the Women's Growth Capital Fund, LP. In 1991, May co-founded the Investors' Circle, a national nonprofit group of 150 family and institutional investors. Additionally in 1996, he co-founded and became executive director of the Private Investors Network, an angel network sponsored by the Mid-Atlantic Venture Association. He sits on several boards of directors of nonprofits, such as Students for Responsible Business, the Institute for Educational Leadership, First Tuesday of Washington, D.C., and two university incubators. May currently serves as a Batten Fellow, lecturing, conducting research, and consulting on angel investing at Darden and the Law School.

 

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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