Current Investments

Intellectual Technology, Inc. (ITI) is the unique provider of innovative DMV on Demand software that helps motor vehicle agencies increase speed, visibility and security of transactions. Whether services are delivered via self-service terminals, over the counter, on a mobile device, or in a fulfillment center, ITI’s DMV on Demand software provides motor vehicle agencies the ability to securely service customers where they want to be met.

Headquarters: Carlsbad, CA

Archer Education, a recognized leader in post-secondary education recruitment services, provides information to tens of thousands of students each day who search for information about their college options on the web. The Company’s comprehensive database of photos, videos and information on college admissions, expenses, academics, and more make Archer Education the premier online college research destination. With over 8,500 colleges, from Ivy League to trade schools, and numerous search criteria, students can easily find all of the schools that match their interests.

Headquarters: Santa Monica, CA

SMT, formerly known as SportsMEDIA Technology Corporation, is a leading provider of graphics, statistics and video enhancement software and services for live television sports broadcast networks. The company has won 17 Emmy awards since 1993. SMT’s solutions have been used at the most prestigious sporting events including the Super Bowl, NBC Sunday Night Football, the Indianapolis 500, the NCAA Final Four, the Kentucky Derby, ESPN Summer and Winter X Games, NBA on TNT, NASCAR and NHL.

Headquarters: Durham, NC

MedBridge Healthcare is a leading provider of sleep diagnostic services and an operator of home medical equipment centers that provide respiratory services including oxygen systems, CPAP therapy systems, and related services. Its SleepWorks division is one of the top 10 providers of sleep diagnostic services in the United States, serving the growing market for sleep apnea diagnosis and treatment.

Headquarters: Greenville, SC

GlobalLT is a world-renowned provider of language training, cultural training, translations and expatriate destination services that empower individuals to live and work successfully anywhere in the world. The company’s innovative language training services emphasize a proficiency-based approach to accommodate a variety of learning styles and focus on personalized, student-directed instruction. The company’s programs are delivered across multiple modalities including instructor-led, virtual, self-paced and blended, are customized for individuals or groups, and are available in over 70 languages.

Headquarters: Troy, MI

Select Realized Investments

VXi offers best-in-class corded and wireless headset solutions designed specifically for high-noise environments. VXi’s noise-cancelling microphones filter out more background noise than competitive solutions, helping customers communicate clearly, consistently, and naturally.  The Company’s headsets have become the headset of choice at many of the largest professional contact centers and offices and VXi’s BlueParrott® brand of wireless Bluetooth® headsets has become the #1 headset in the professional trucker market.

Headquarters: Dover, NH

Exit: Acquired by GN Audio (CO: GN)

iBwave is a leading provider of software design tools and training solutions that dramatically simplify the process of designing and deploying in-building wireless networks.  Founded in 2003, the company was the first in its industry to recognize the need for an integrated software package to streamline the indoor cellular network design process and enable wireless carriers to deliver mobile service inside buildings that is 100% reliable.

Headquarters: Montreal, ON

Exit: Acquired by Corning Incorporated (NYSE: GLW)

U.S. Dermatology Medical Management (US Derm) partners with physicians to acquire medical dermatology practices and subsequently provides comprehensive business support services to these practices. US Derm’s expertise in front and back office staffing and support, billing and collections, and medical office operations management enables its partner physicians to focus exclusively on providing the highest standard of patient care.

Headquarters: Irvine, CA

Exit: Acquired by Complete Dermatology

Sendio is an enterprise email security company enabling businesses of any size to block all forms of unwanted email, viruses, phishing and botnet attacks through a Software-as-a-Service (SaaS) appliance system. Sendio’s Sender Address Verification technology blocks 100% of spam with zero false positives, reducing email IT costs by as much as 50%.

Headquarters: Irvine, CA

Exit: Recapitalized by Athenian Venture Partners

Rent.com is the nation’s leading online leasing center for the apartment industry. Rent.com’s mission is to revolutionize the rental housing industry through their online marketplace that facilitates direct online lease transactions between renters and lessors.

Headquarters: Santa Monica, CA

Exit: Acquired by eBay (NASD: EBAY)

Overture, formerly GoTo.com, is the search engine that pioneered the free market, “pay-for-performance” model where Web sites bid for priority placement in keyword search results. Overture launched its Internet search site in February 1998. It rapidly became one of the fastest growing sites on the Web. The company went public in June 1999.

Headquarters: Pasadena, CA

Exit: Acquired by Yahoo! (NASD: YHOO)