Dominion Fund I

Dominion Ventures, Inc. is a private investment firm based in Walnut Creek, California, founded in 1985 by Michael K. Lee. The firm specializes in early-stage investments, primarily focusing on technology companies in sectors such as communications, software, and services. It typically invests between $2 million and $4 million initially, with total investments ranging from $3 million to $10 million across multiple financing rounds. Dominion Ventures emphasizes its involvement in portfolio companies by seeking board seats and acquiring minority interests when co-investing. The firm concentrates its investments within the United States, targeting both emerging and mature companies.

Michael Lee

Co-Founder and MD

12 past transactions

PointClick.com

Venture Round in 2000
PointClick.com at one point said it generated more page views weekly than even Lycos.com and Hotbot.com. PCDataOnline ranked the company the No. 1 site on the entire Internet for the number of page views. Last year, the company was among those honored at the Utah Valley's Entrepreneurial Forum when it won the Most Innovative Product Award.

Communispace

Series A in 2000
Communispace Corporation develops, manages, and facilities private online communities for organizations in the United States and internationally. The company's online customer community site delivers the voice of the customer and enables businesses to generate continuous insights, drive faster innovation, and drive revenue. It serves consumer packaged goods, financial services, food and beverage, footwear, health and beauty, healthcare, hospitality, household cleaning, media and entertainment, pharmaceuticals, retail, technology, telecommunications, and toys industries. Communispace Corporation was formerly known as Cambridge Learning Design Corp. The company was founded in 1999 and is headquartered in Watertown, Massachusetts with additional offices in Atlanta; Austin; Chicago; London; New York; San Francisco; and San Remo, Italy.

ManageStar

Venture Round in 2004
ManageStar provides the only truly comprehensive software solution for anyone managing or servicing properties, facilities and assets. The heart of the manageStar software is Harmony™ — a powerful and customizable Professional Services Automation (PSA) platform. Harmony's PSA streamlines service delivery from the point of request through to fulfillment and beyond, pulling together and drawing critical information from Human Resource (HR), Customer Relationship Management (CRM), Financial and other applications.

InterSense

Series A in 1998
Founded in 1996 by Eric Foxlin, InterSense began as a commercial extension of Eric’s pioneering research at the Massachusetts Institute of Technology (MIT) and has grown into a leading technology supplier with a consistent track-record of innovation and a portfolio of patented products. In 2011, InterSense was acquired by Gentex Corporation. And in 2012, Thales acquired Visionix and InterSense Business Units from Gentex Corporation. Industry leading InterSense trackers and sensors are now part of Thales Visionix, a wholly owned subsidiary of Thales Defense & Security, Inc. InterSense line of products include ultra-miniature, low-power sensors and flexible software and the groundbreaking NavChip, the world’s smallest IMU. These solutions are used worldwide to deploy high performance tracking, navigation, visualization and stabilization applications that save lives, improve productivity and conserve resources. InterSense trackers, sensors and IMUs are used in a wide range of industries from aerospace, robotics, and agriculture to oil/mining, research/engineering and visualization/visual production industries. In addition to a marquis customer base including Boeing, Lockheed Martin, L-3 Communications, Rockwell Collins, Procter & Gamble, Ford, Sony Entertainment, Pixar, Blizzard Entertainment, QinetiQ, and iRobot, InterSense trackers and sensors also works with a global network of software partners, systems integrators, value added resellers and OEM hardware partners to deliver solutions tailored to meet customer needs.

Camstar Systems

Venture Round in 2000
Camstar Systems, Inc. provides enterprise manufacturing execution and quality management software solutions worldwide. The company offers Camstar Quality, a compliance-focused quality management system that enables organizations to focus on product quality with compliance achieved automatically as a by-product; and Camstar Manufacturing, which includes a manufacturing execution system, and process design and modeling capabilities to define the executable manufacturing process. It also provides Camstar SigmaSure, an on-demand supply chain quality solution that enables organizations to collaborate with globally dispersed sites, component suppliers, and contract manufacturers; Camstar Intelligence, a reporting, dashboard, and analysis engine; Camstar Interoperability, a services-driven infrastructure that enables enterprise-wide standards-based integration in existing systems environment; and New Product Introduction Accelerator, a cloud-based solution that provides anywhere access to critical-to-quality data during product design and prototype stages, enabling professionals to avoid delays and risks associated with data from varied sources. In addition, the company offers implementation, education, documentation, and support services for its software solutions. It provides its solutions as on-premise software or software-as-a-service solutions. It serves manufacturers in biotechnology, electronics, industrial, medical devices, metal, semiconductor, and solar industries, as well as outsourced manufacturing operations. Camstar Systems, Inc. was founded in 1984 and is headquartered in Charlotte, North Carolina. It has operations in Arnhem, the Netherlands.

NextPage

Venture Round in 2001
NextPage, a leading innovator in Compliance and Information Risk Solutions, delivers the only Information Tracking Platform that mitigates enterprise risk, increases document policy compliance and reduces the cost of eDiscovery by tracking and managing documents no matter where they are located – hard drives, USBs, servers, or email attachments. With patent pending technology, NextPage Digital Thread™ software, NextPage proactively tackles the risk by tracking, classifying, executing policy, and reporting on the compliance of all documents across the enterprise.

Engenia Software

Series C in 2000
Engenia Software, developer of an XML-based, Web-enabled, out-of-the-box "Intelligent Dashboard" for the computer desktop.

BUYandHOLD

Series B in 2000
BUYandHOLD.com, Inc. is a financial services company focused on the needs of long-term investors. Through its online brokerage subsidiary, BUYandHOLD.com Securities Corporation (http://www.buyandhold.com) provides dollar-based investing and fractional share ownership to investors who practice the "Buy and Hold" investment philosophy of purchasing and retaining securities to optimize return on investments over time.

NetDecide

Venture Round in 2000
netDecide is a leading provider of enterprise-wide wealth management software. Leading financial services firms use netDecide's award-winning technology to collaborate with their clients, increase assets under management, and deliver advice profitably.

ManageStar

Venture Round in 2003
ManageStar provides the only truly comprehensive software solution for anyone managing or servicing properties, facilities and assets. The heart of the manageStar software is Harmony™ — a powerful and customizable Professional Services Automation (PSA) platform. Harmony's PSA streamlines service delivery from the point of request through to fulfillment and beyond, pulling together and drawing critical information from Human Resource (HR), Customer Relationship Management (CRM), Financial and other applications.

InterSense

Series C in 2000
Founded in 1996 by Eric Foxlin, InterSense began as a commercial extension of Eric’s pioneering research at the Massachusetts Institute of Technology (MIT) and has grown into a leading technology supplier with a consistent track-record of innovation and a portfolio of patented products. In 2011, InterSense was acquired by Gentex Corporation. And in 2012, Thales acquired Visionix and InterSense Business Units from Gentex Corporation. Industry leading InterSense trackers and sensors are now part of Thales Visionix, a wholly owned subsidiary of Thales Defense & Security, Inc. InterSense line of products include ultra-miniature, low-power sensors and flexible software and the groundbreaking NavChip, the world’s smallest IMU. These solutions are used worldwide to deploy high performance tracking, navigation, visualization and stabilization applications that save lives, improve productivity and conserve resources. InterSense trackers, sensors and IMUs are used in a wide range of industries from aerospace, robotics, and agriculture to oil/mining, research/engineering and visualization/visual production industries. In addition to a marquis customer base including Boeing, Lockheed Martin, L-3 Communications, Rockwell Collins, Procter & Gamble, Ford, Sony Entertainment, Pixar, Blizzard Entertainment, QinetiQ, and iRobot, InterSense trackers and sensors also works with a global network of software partners, systems integrators, value added resellers and OEM hardware partners to deliver solutions tailored to meet customer needs.