Eastward Capital Partners

Eastward Capital Partners, LLC is a West Newton, Massachusetts-based investment firm that focuses on venture debt and private equity investments in emerging companies supported by venture capital. Established in 1994, the firm specializes in sectors such as technology, healthcare technology, and components, including software, network hardware, and wireless technologies. It targets investments between $1 million and $6 million, primarily in companies located in the Eastern United States, with a preference for maintaining a majority stake. Eastward Capital Partners works collaboratively with venture capital firms to offer equity-sensitive debt products, including senior, subordinated, and convertible debt, as well as lease financing. The firm avoids industries such as gambling, tobacco, and conventional banking, and it does not invest in companies that do not comply with Islamic Shariah principles or derive significant revenue from interest income.

David Alpert

Managing Director

Chris Bodnar

Investment Partner

Nicholas Bologna

Investment Partner

Dennis P. Cameron

Founder and Owner

Ian Daigle

Principal

Michael Dale

CFO and Partner

Edward I. Dresner

Investment Partner

Nancy E. Malone

Principal

Tim O'Loughlin

Investment Partner

Past deals in Virginia

Coding Dojo

Debt Financing in 2022
Coding Dojo, Inc. is an education technology company founded in 2012, specializing in programming training services. Headquartered in San Jose, California, it operates additional campuses in various U.S. cities, including Seattle, Los Angeles, Chicago, and Dallas. Coding Dojo offers both online and onsite coding bootcamps that cover a range of programming languages and technologies, including Python, C#/.NET, MEAN Stack, Ruby, iOS/Swift, and Java. It is recognized as a leading coding bootcamp, uniquely providing a comprehensive 14-week program that teaches students three full technology stacks. The curriculum is designed to equip individuals from diverse backgrounds with the skills necessary to become professional developers, preparing them for positions at major companies. Coding Dojo also offers scholarship opportunities to support qualified students in their training journey, focusing on practical, job-relevant skills through intensive, mentored learning experiences.

PrecisionHawk

Venture Round in 2020
PrecisionHawk Inc. is an information delivery company that specializes in providing drones, sensors, and software solutions for various sectors, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company operates additional locations in College Station, Texas; Indianapolis, Indiana; Toronto, Canada; Virginia Beach, Virginia; and Denver, Colorado. PrecisionHawk's offerings encompass unmanned aerial systems, remote sensing technologies, and advanced data analytics, enabling clients to enhance their business operations and decision-making processes. The company also operates a data intelligence platform that integrates multiple data sources, including satellite imagery and drone data, to deliver actionable insights. Additionally, PrecisionHawk owns software tools such as DataMapper and the Low Altitude Traffic and Airspace Safety platform, LATAS, which further support its mission to provide comprehensive solutions for data collection and analysis across various industries.

PrecisionHawk

Series E in 2019
PrecisionHawk Inc. is an information delivery company that specializes in providing drones, sensors, and software solutions for various sectors, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company operates additional locations in College Station, Texas; Indianapolis, Indiana; Toronto, Canada; Virginia Beach, Virginia; and Denver, Colorado. PrecisionHawk's offerings encompass unmanned aerial systems, remote sensing technologies, and advanced data analytics, enabling clients to enhance their business operations and decision-making processes. The company also operates a data intelligence platform that integrates multiple data sources, including satellite imagery and drone data, to deliver actionable insights. Additionally, PrecisionHawk owns software tools such as DataMapper and the Low Altitude Traffic and Airspace Safety platform, LATAS, which further support its mission to provide comprehensive solutions for data collection and analysis across various industries.

Sestra Systems

Series D in 2019
Sestra’s TapWise brings IoT to the beverage industry, building more profitable and eco-friendly programs. Their device equips any keg systems with state-of-the-art features - pour with the push of a button and and enjoy a consistent glass, every time. They have a commitment to their clients, their guests, and the planet. Their solutions dispense consistent, fresh servings from virtually waste-free kegs, making it easier than ever to run an eco-friendly beverage program that’s also easier on your bottom line. That’s a win-win-win. Their namesake, the Sestra, is a cold, powerful river in Russia. Just as it flows relentlessly forward, so too does their smart dispensing technology.

Savi Technology

Series D in 2018
Savi Technology, Inc. specializes in software solutions designed to enhance the tracking and management of cargo throughout the supply chain. The company offers a range of products, including Savi Insight for predictive and prescriptive analytics, Savi Visibility for real-time operational decision-making, Savi Locate for GPS tracking, and Savi IoT, which integrates RFID technology for efficient data capture and asset management. Founded in 1989 and based in Alexandria, Virginia, Savi serves a diverse clientele, including shippers, government agencies, logistics providers, and technology firms. The company's innovative applications leverage big data analytics and machine learning to improve in-transit visibility, reduce disruptions, enhance delivery performance, and lower logistics costs for over 1,000 organizations worldwide.
LookingGlass Cyber Solutions is a cybersecurity software company based in Reston, Virginia, founded in 2006. It specializes in providing deep visibility into the Internet threat landscape, enabling organizations to anticipate and protect against targeted cyber attacks. The company offers a comprehensive threat intelligence platform that serves various sectors, including financial services, defense, government, and energy. Its core product, ScoutVision, utilizes an open architecture to deliver source and sensor agnostic visibility into Internet threats. This allows clients to monitor and manage a wide range of cyber threats, including structured threats, indicators of compromise, and internal network telemetry. By gathering and analyzing threat information from within their networks and beyond, LookingGlass empowers organizations to respond to potential threats rapidly, often before they can impact operations.

Infrascale

Series B in 2014
Infrascale Inc. is a cloud software company specializing in data protection and management solutions. The company offers a range of products, including SOS Business for cloud backup and archiving, EndGuard for centrally managed cloud-based backup, Infrascale FileLocker for enterprise file-sharing and collaboration, and SOS Online Backup for individuals and small businesses. Its platform supports high-volume cloud storage and enables seamless integration into enterprise infrastructures, while also allowing partners to build their own solutions. Infrascale's services encompass Disaster Recovery-as-a-Service, ransomware mitigation, and data security across public, private, and hybrid cloud environments. The company's solutions are utilized by various sectors, including finance, healthcare, education, and government, ensuring higher availability, better security, and reduced downtime. Founded in 2001 and headquartered in El Segundo, California, Infrascale also has offices in multiple locations worldwide, including the United Kingdom and Australia.

PrecisionHawk

Series A in 2013
PrecisionHawk Inc. is an information delivery company that specializes in providing drones, sensors, and software solutions for various sectors, including agriculture, construction, energy, insurance, and government. Founded in 2010 and headquartered in Raleigh, North Carolina, the company operates additional locations in College Station, Texas; Indianapolis, Indiana; Toronto, Canada; Virginia Beach, Virginia; and Denver, Colorado. PrecisionHawk's offerings encompass unmanned aerial systems, remote sensing technologies, and advanced data analytics, enabling clients to enhance their business operations and decision-making processes. The company also operates a data intelligence platform that integrates multiple data sources, including satellite imagery and drone data, to deliver actionable insights. Additionally, PrecisionHawk owns software tools such as DataMapper and the Low Altitude Traffic and Airspace Safety platform, LATAS, which further support its mission to provide comprehensive solutions for data collection and analysis across various industries.

Infrascale

Venture Round in 2013
Infrascale Inc. is a cloud software company specializing in data protection and management solutions. The company offers a range of products, including SOS Business for cloud backup and archiving, EndGuard for centrally managed cloud-based backup, Infrascale FileLocker for enterprise file-sharing and collaboration, and SOS Online Backup for individuals and small businesses. Its platform supports high-volume cloud storage and enables seamless integration into enterprise infrastructures, while also allowing partners to build their own solutions. Infrascale's services encompass Disaster Recovery-as-a-Service, ransomware mitigation, and data security across public, private, and hybrid cloud environments. The company's solutions are utilized by various sectors, including finance, healthcare, education, and government, ensuring higher availability, better security, and reduced downtime. Founded in 2001 and headquartered in El Segundo, California, Infrascale also has offices in multiple locations worldwide, including the United Kingdom and Australia.

VBrick

Venture Round in 2012
VBrick believes in the power of video to transform the workplace. Its Rev® enterprise video platform removes the technology and pricing restraints that have held business back from tapping video’s clear advantage to persuade, inform and compel people, wherever they are. Visit vbrick.com.

Ruckus Network

Series B in 2007
Ruckus Network is a multimedia network that provides online digital entertainment services to college students. It enables college students to download and stream free and legal music from various artists. Ruckus Network was founded in 2003 and is based in Herndon, Virginia.

Ruckus

Series B in 2007
Ruckus Network Inc. is a college-only digital entertainment service that provides students with access to a vast library of over 3.2 million licensed music tracks, alongside a selection of Hollywood films, cult classics, independent movies, TV shows, and music videos. The platform is designed to foster social connections among students who share similar interests in music and entertainment, enabling them to explore, connect, and share their preferences with peers both on their campus and across the country. Ruckus continually evolves its media offerings, enhancing the value it provides to its members. Based in Herndon, Virginia, the company is supported by technology investment firms that focus on nurturing businesses with significant growth potential. Ruckus also boasts a dedicated field operations team that offers a range of services and support, positioning the company as a valuable partner for building a digital network and strengthening campus communities.

Ruckus

Series A in 2006
Ruckus Network Inc. is a college-only digital entertainment service that provides students with access to a vast library of over 3.2 million licensed music tracks, alongside a selection of Hollywood films, cult classics, independent movies, TV shows, and music videos. The platform is designed to foster social connections among students who share similar interests in music and entertainment, enabling them to explore, connect, and share their preferences with peers both on their campus and across the country. Ruckus continually evolves its media offerings, enhancing the value it provides to its members. Based in Herndon, Virginia, the company is supported by technology investment firms that focus on nurturing businesses with significant growth potential. Ruckus also boasts a dedicated field operations team that offers a range of services and support, positioning the company as a valuable partner for building a digital network and strengthening campus communities.
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