California Technology Ventures

California Technology Ventures, LLC (CTV) is a venture capital fund that makes direct investments in technology and life science companies. CTV has built a strong reputation for its entrepreneurial approach to investing and working with companies. Unlike many investment funds, CTV can invest the smaller amounts required by early-stage companies, as well as larger investments for later-stage expansion. Initial investments typically range from $250,000 to $2 million, with up to $5 million over the life of the investment. CTV participates in seed/start-up companies, first and second round investments, and later stage investments. CTV invests primarily in companies engaged in the following industries: Information & Communications Technology, such as computer hardware, telecommunications, electronics, semiconductors, software and systems, multi-media, and Internet; Life Sciences, such as bio-pharmaceuticals and medical devices; When considering funding a company, CTV looks for: Experienced and capable management; Unique, "must-have" or proprietary products or services that meet a pressing need; The opportunity to create a leadership position in a large and growing industry; A compelling business model with clearly-defined milestones to reach profitability; A defensible and sustainable competitive position.

DeVita, Andrea

Director of Finance

William A. Hanna

Co-Founder and Managing Director

Alex Suh

Managing Director

Suh, Alexander B.

Founding Managing Director

41 past transactions

Motive

Series F in 2022
Motive is a technology company building technology to improve the safety, productivity, sustainability, and profitability of businesses that power the physical economy. Combined with AI, the Motive platform gives you complete visibility and control and significantly reduces manual workloads by automating and simplifying tasks. Motive serves small businesses across a wide range of industries, including transportation and logistics, construction, energy, field service, manufacturing, agriculture, food and beverage, retail, and the public sector. Motive is a fully unified integrated operations platform, combining driver safety, fleet management, equipment monitoring, and spend management all in one place.

Rally

Venture Round in 2021
Developer of a cryptocurrency platform designed to help creators to form their digital economies to create value for their fans. The company's platform provides digital assets on the blockchain and offers additive creator monetization through deeper fan engagement and rewards, enabling digital celebrities to make a living by changing how value is exchanged between creators and their fans.

AIVITA Biomedical

Series B in 2020
AIVITA Biomedical is is a medicine company, develops commercial and clinical-stage programs utilizing curative and regenerative medicines. AIVITA Biomedical is a privately held company engaged in the advancement of commercial and clinical-stage programs utilizing curative and regenerative medicines. AIVITA Biomedical utilizes its expertise in stem cell growth and directed, high-purity differentiation to enable safe, efficient and economical manufacturing systems which support its products and therapeutic pipeline.

MakerDAO

Private Equity Round in 2019
Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token — the Dai — against the IMF’s international currency basket SDR. Founded in 2014, the company is headquartered in Santa Cruz, California.

MariaDB

Series C in 2017
MariaDB is a new generation database company whose products reach more than a billion users through Linux distributions and have been downloaded over one billion times.

OrthAlign

Series D in 2017
OrthAlign is a privately-held medical device company providing healthier and more pain-free lifestyles to joint replacement patients. The company is developing a line of computer-assisted surgical devices that distill the critical features and benefits of large surgical navigation systems. Its goal is to create a new standard of care in total joint replacement, making consistent, and measurable results accessible to surgeons and patients. The company was founded in 2009 and based in Aliso Viejo, California.

Gamevice

Series A in 2017
Gamevice is a US based award winning design and engineering business creating touch screen tablets and game controllers. Gamevice has offices in Hong Kong, London, and new offices opening in Shenzhen China. Its corporate head office is based in Los Angeles as is the R&D and support center.

AIVITA Biomedical

Series A in 2016
AIVITA Biomedical is is a medicine company, develops commercial and clinical-stage programs utilizing curative and regenerative medicines. AIVITA Biomedical is a privately held company engaged in the advancement of commercial and clinical-stage programs utilizing curative and regenerative medicines. AIVITA Biomedical utilizes its expertise in stem cell growth and directed, high-purity differentiation to enable safe, efficient and economical manufacturing systems which support its products and therapeutic pipeline.

Spine Wave

Series F in 2016
Spine Wave, Inc. is a medical device manufacturer based in Shelton, Connecticut, specializing in solutions for spinal disorders. Founded in 2001, the company develops and markets a range of innovative products, including expandable PEEK spacers and interbody devices for posterior surgery, as well as pivoting and lateral spacer systems. Their offerings also include the Leva PX expandable interbody device, the GraftMag Graft Delivery System for bone grafts, and various fixation products designed to address conditions such as degeneration, deformity, tumors, and trauma of the thoracolumbar spine. Additionally, Spine Wave provides anterior cervical plate systems for spinal fusion and cervical spacer systems for treating degenerative disc disease. The company distributes its products through a network of distributors, focusing on delivering efficient and effective surgical solutions for spine surgeons and their patients.

MariaDB

Series B in 2016
MariaDB is a new generation database company whose products reach more than a billion users through Linux distributions and have been downloaded over one billion times.

CyMedica

Series A in 2015
CyMedica Orthopedics develops and commercializes innovative products that target joint injuries and the resulting muscle atrophy. Its mission is to address this problem with proprietary neuromuscular electrical stimulation. Its platform technology utilizes closed-loop power control systems to provide patients with comfortable yet aggressive treatment.

MariaDB

Series B in 2013
MariaDB is a new generation database company whose products reach more than a billion users through Linux distributions and have been downloaded over one billion times.

VideoCare

Seed Round in 2013
VideoCare is a revolution in technology that keeps families and their aging loved ones better connected — wherever they are. VideoCare provides the elderly care recipient with a touch-screen system that requires no keyboard, mouse or technical skill to use. A simple touch opens a two-way video connection with a professional caregiver, family member or friend.

SurgiQuest

Series D in 2012
Surgiquest offers technology solutions for minimally invasive surgery. It offers AirSeal, a technology that creates an air curtain that maintains an insufflated and airtight environment and has application in laparoscopic and laparoscopic-assisted surgery. The company focuses on bariatric, colorectal, general, gynecological, and urologic surgery. Surgiquest was incorporated in 2006 and is based in Orange, Connecticut.

Huaxia Dairy Farm

Series C in 2012
Huaxia Dairy Farm Ltd. processes, distributes, and sells milk in China. It offers yogurts, cream puddings, and ice creams. The company also provides feed testing and feed analysis services to other farms and farming companies, as well as processes corn silage. It serves hotels, restaurants, supermarkets, and coffee shops, as well as home delivery customers through its store in Beijing. The company was founded in 2004 and is based in Sanhe, China. Huaxia Dairy Farm Ltd. operates as a subsidiary of China Genetics Holdings Ltd.

Education.com

Venture Round in 2012
Education.com provides teachers and parents with the learning resources. Their mission is to create a learning experience that inspires a child’s passion, curiosity, and optimism. Over 16 million teachers and parents worldwide have joined Education.com. Their comprehensive curriculum covers core skills across Math, Reading, Writing, ELA, Science, and more.

MariaDB

Series A in 2012
MariaDB is a new generation database company whose products reach more than a billion users through Linux distributions and have been downloaded over one billion times.

ClearFlow

Series C in 2012
ClearFlow is a medical device company developing technologies to solve clinical problems associated with obstructed catheters. The company's platform of catheter systems enables caregivers to actively clear internal obstructions to ensure these critical tubes perform optimally. The company’s lead product, the PleuraFlow, Active Clearance Technology, (ACT) System, was developed by cardiothoracic surgeons to solve the problem of chest tube failure by clot obstruction allowing doctors to manage the bleeding and clogging in a safer fashion. By enabling improved postoperative blood evacuation, surgeons are able to utilize minimally invasive drainage tubes, decreasing the surgical footprint, and potentially increasing patient comfort. The company has a pipeline of products based on its proprietary tube clearance technologies to resolve catheter clogging in other medical market segments, including urinary catheters, gastrointestinal catheters, and wound drainage. It was founded in 2007 and headquartered in Irvine, California.

Education.com

Venture Round in 2012
Education.com provides teachers and parents with the learning resources. Their mission is to create a learning experience that inspires a child’s passion, curiosity, and optimism. Over 16 million teachers and parents worldwide have joined Education.com. Their comprehensive curriculum covers core skills across Math, Reading, Writing, ELA, Science, and more.

SurgiQuest

Series C in 2011
Surgiquest offers technology solutions for minimally invasive surgery. It offers AirSeal, a technology that creates an air curtain that maintains an insufflated and airtight environment and has application in laparoscopic and laparoscopic-assisted surgery. The company focuses on bariatric, colorectal, general, gynecological, and urologic surgery. Surgiquest was incorporated in 2006 and is based in Orange, Connecticut.

OrthAlign

Series A in 2010
OrthAlign is a privately-held medical device company providing healthier and more pain-free lifestyles to joint replacement patients. The company is developing a line of computer-assisted surgical devices that distill the critical features and benefits of large surgical navigation systems. Its goal is to create a new standard of care in total joint replacement, making consistent, and measurable results accessible to surgeons and patients. The company was founded in 2009 and based in Aliso Viejo, California.

Blade Games World

Debt Financing in 2009
Blade Games World develops and publishes Jumala, a free gaming destination that brings game creation to everyone - no experience or programming skills required. Whether enjoying games made by others or playing the “game” of creating your own, Jumala blends game play, game creation and an interactive community into a single, immersive and fun experience. Jumala unleashes creative possibilities as vast and unique as your imagination. Blade Games is led by an experienced team of game development professionals and is based in Bellevue, WA. For more information, please visit www.jumala.com.

Blade Games World

Venture Round in 2009
Blade Games World develops and publishes Jumala, a free gaming destination that brings game creation to everyone - no experience or programming skills required. Whether enjoying games made by others or playing the “game” of creating your own, Jumala blends game play, game creation and an interactive community into a single, immersive and fun experience. Jumala unleashes creative possibilities as vast and unique as your imagination. Blade Games is led by an experienced team of game development professionals and is based in Bellevue, WA. For more information, please visit www.jumala.com.

TravelMuse

Series A in 2008
TravelMuse.com is an inspirational travel planning Web site that helps people save time and make better decisions by combining stimulating travel content, such as stunning photography, professionally written travel articles and numerous licensed city guides, with powerful tools for inspiration and planning. Founded by avid travelers with various technology, travel and media backgrounds, the TravelMuse team shares a passion for all things travel and is motivated to greatly improve the online travel planning experience. Site visitors can use the industry’s first Inspiration Finder to discover destinations, build out vacation plans in the TravelMuse Planner and make air, car, hotel, cruise and package reservations through a comprehensive booking engine to complete vacation arrangements.

OrthoScan

Series B in 2008
OrthoScan is a privately held medical device company which was founded in 2002 with the intent to bring to market a state of the art mini c‑arm and to provide innovative product solutions in orthopaedic imaging. Their first entry in the imaging market is the mini c‑arm, which is used for fluoroscopic imaging of the extremities in orthopaedic surgery and for digital diagnostic imaging in the office. They have built on the original concept of the mini c‑arm and have expanded their focus to provide their customers with other innovative technologies in orthopaedic imaging.

Education.com

Series B in 2008
Education.com provides teachers and parents with the learning resources. Their mission is to create a learning experience that inspires a child’s passion, curiosity, and optimism. Over 16 million teachers and parents worldwide have joined Education.com. Their comprehensive curriculum covers core skills across Math, Reading, Writing, ELA, Science, and more.

AngioScore

Series E in 2007
AngioScore Inc. develops, manufactures and markets the AngioSculpt Scoring Balloon Catheter for both the coronary and peripheral interventional markets. Designed specifically to address the limitations of conventional angioplasty balloon catheters, AngioSculpt combines a semi-compliant balloon with an innovative nitinol scoring element.

Thinglefin

Series A in 2007
Thinglefin is a a venture-backed Seattle area start-up founded by game industry veterans Toby Ragaini, Jeremy Friesen, and Ryan O’Rourke. Their backgrounds include development efforts with Sony, Microsoft, Sega, Monolith, and Wild Tangent. They are currently developing an unannounced web-based massively multiplayer game that will raise the bar for engaging gameplay and accessibility.

Ceregene

Series C in 2007
Ceregene is a private, San Diego-based biotechnology company focused on the treatment of major neurodegenerative disorders using the delivery of nervous system growth factors. Their clinical programs include CERE-110, an AAV2 based vector expressing nerve growth factor, which is about to enter Phase 2 studies for the treatment of Alzheimer's disease, and CERE-120, which recently completed a Phase 2 trial in Parkinson's disease and is currently being evaluated for future development. CERE-135 and CERE-140 are in preclinical development for amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease) and ocular diseases, respectively.

TravelMuse

Seed Round in 2007
TravelMuse.com is an inspirational travel planning Web site that helps people save time and make better decisions by combining stimulating travel content, such as stunning photography, professionally written travel articles and numerous licensed city guides, with powerful tools for inspiration and planning. Founded by avid travelers with various technology, travel and media backgrounds, the TravelMuse team shares a passion for all things travel and is motivated to greatly improve the online travel planning experience. Site visitors can use the industry’s first Inspiration Finder to discover destinations, build out vacation plans in the TravelMuse Planner and make air, car, hotel, cruise and package reservations through a comprehensive booking engine to complete vacation arrangements.

SurgRx

Series F in 2007
SurgRx is a developer of laparoscopic vessel fusion tools for surgical hemostasis.

Spine Wave

Series D in 2007
Spine Wave, Inc. is a medical device manufacturer based in Shelton, Connecticut, specializing in solutions for spinal disorders. Founded in 2001, the company develops and markets a range of innovative products, including expandable PEEK spacers and interbody devices for posterior surgery, as well as pivoting and lateral spacer systems. Their offerings also include the Leva PX expandable interbody device, the GraftMag Graft Delivery System for bone grafts, and various fixation products designed to address conditions such as degeneration, deformity, tumors, and trauma of the thoracolumbar spine. Additionally, Spine Wave provides anterior cervical plate systems for spinal fusion and cervical spacer systems for treating degenerative disc disease. The company distributes its products through a network of distributors, focusing on delivering efficient and effective surgical solutions for spine surgeons and their patients.

Health Hero Network

Series B in 2006
Health Hero Network, Inc. develops and markets technology solutions for remote health monitoring and management. The company provides health management programs delivering personalized daily monitoring and patient education, and information to care providers. It also offers Health Buddy system that serves as the interface between patients at home and care providers, facilitating patient education and monitoring of chronic conditions. The company's Health Buddy system includes monitoring technologies, clinical information databases, Internet-enabled decision support tools, health management programs, and content development software tools. It serves hospitals, health plans, government health organizations, disease management companies, and pharmaceutical companies or universities conducting clinical trials or studies. The company was founded in 1988 and is based in Palo Alto, California. As of December 19, 2007, Health Hero Network, Inc. operates as a subsidiary of Robert Bosch GMBH.

AngioScore

Series D in 2006
AngioScore Inc. develops, manufactures and markets the AngioSculpt Scoring Balloon Catheter for both the coronary and peripheral interventional markets. Designed specifically to address the limitations of conventional angioplasty balloon catheters, AngioSculpt combines a semi-compliant balloon with an innovative nitinol scoring element.

Spine Wave

Series C in 2006
Spine Wave, Inc. is a medical device manufacturer based in Shelton, Connecticut, specializing in solutions for spinal disorders. Founded in 2001, the company develops and markets a range of innovative products, including expandable PEEK spacers and interbody devices for posterior surgery, as well as pivoting and lateral spacer systems. Their offerings also include the Leva PX expandable interbody device, the GraftMag Graft Delivery System for bone grafts, and various fixation products designed to address conditions such as degeneration, deformity, tumors, and trauma of the thoracolumbar spine. Additionally, Spine Wave provides anterior cervical plate systems for spinal fusion and cervical spacer systems for treating degenerative disc disease. The company distributes its products through a network of distributors, focusing on delivering efficient and effective surgical solutions for spine surgeons and their patients.

SurgRx

Series D in 2004
SurgRx is a developer of laparoscopic vessel fusion tools for surgical hemostasis.

AngioScore

Series B in 2004
AngioScore Inc. develops, manufactures and markets the AngioSculpt Scoring Balloon Catheter for both the coronary and peripheral interventional markets. Designed specifically to address the limitations of conventional angioplasty balloon catheters, AngioSculpt combines a semi-compliant balloon with an innovative nitinol scoring element.

Ceregene

Series B in 2004
Ceregene is a private, San Diego-based biotechnology company focused on the treatment of major neurodegenerative disorders using the delivery of nervous system growth factors. Their clinical programs include CERE-110, an AAV2 based vector expressing nerve growth factor, which is about to enter Phase 2 studies for the treatment of Alzheimer's disease, and CERE-120, which recently completed a Phase 2 trial in Parkinson's disease and is currently being evaluated for future development. CERE-135 and CERE-140 are in preclinical development for amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease) and ocular diseases, respectively.

SurgRx

Series C in 2004
SurgRx is a developer of laparoscopic vessel fusion tools for surgical hemostasis.

SurgRx

Series B in 2003
SurgRx is a developer of laparoscopic vessel fusion tools for surgical hemostasis.

PhotoThera

Series A in 2001
PhotoThera is currently hiring for the following positions: Sr. Software Engineer Mechanical Engineer Configuration Management Engineer Sr. Electrical Engineer Send your resume and cover letter to ktitano@photothera.com, or go to www.photothera.com for further information. Specialties laser, medical device, eschemic, stroke, infrared
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