Clearwater Capital Management

Clearwater Capital Management is a privately held fund management firm founded in 2003 and located in Sewickley, Pennsylvania. The firm specializes in investing in private ventures and market-neutral hedge opportunities. Clearwater employs a fundamental value investment approach, integrating detailed analysis with a proprietary market-neutral investment formula. This strategy is designed to identify unique opportunities for value creation within the market.

David Becker

Founder and President

2 past transactions

BitArmor Systems

Seed Round in 2005
BitArmor Systems was a security software company located in Pittsburgh, Pennsylvania, specializing in information-centric data security solutions. The company developed an integrated encryption technology designed to safeguard data across various devices, including laptops, desktops, USB drives, and email attachments. Its offerings included cloud-based encryption solutions for mid-market businesses, focusing on file and disk encryption to protect sensitive information stored in multiple formats like CDs, DVDs, storage servers, and tapes. BitArmor's innovative approach to data security garnered attention, ultimately leading to its acquisition by Trustwave Holdings, Inc.

Bantu

Series B in 2005
Bantu, Inc. specializes in instant communication technology, serving government, commercial, finance, technology, healthcare, and education sectors. Founded in 1999, the company developed an enterprise-grade instant messaging and collaboration platform designed to meet the security, scalability, and management needs of businesses and government entities. Its suite of products includes Bantu EnterpriseIM for secure messaging and online collaboration, EnterpriseIM Alert for real-time alerts during urgent situations, and EnterpriseIM Mobile for secure mobile connections. Bantu's solutions enable organizations to maintain control over their messaging networks while facilitating interconnectivity across platforms. The company also provides consulting services in cloud computing, data management, engineering, and software development. Bantu has established strategic partnerships with notable firms such as Booz Allen Hamilton and Lockheed Martin, and its technology is utilized by various U.S. military branches and other agencies for secure communication and collaboration.
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