Grotech Ventures

Grotech Ventures is a venture capital firm established in 1984, headquartered in Hunt Valley, Maryland, with additional offices in Arlington, Virginia, and Denver, Colorado. The firm specializes in early-stage investments in high-growth technology companies, focusing on sectors such as social and digital media, e-commerce, mobile and cloud software, enterprise software, big data analytics, security technologies, and healthcare information technology. Grotech Ventures typically invests between $500,000 and $5 million initially, with a total target investment size of $5 million to $8 million, seeking to lead investments and acquire board seats in portfolio companies. The firm is committed to partnering with entrepreneurs who present innovative ideas and unconventional approaches, emphasizing collaboration and long-term support throughout the growth stages of their businesses. It specifically targets underserved venture markets across the United States, including regions like the Southeast and Rocky Mountain areas.

Charles P. Cullen

COO, CFO and General Partner

Chuck Cullen

General Partner, COO and CFO

Lawson DeVries

General Partner

Steve Fredrick

General Partner

Sharon Gogol

Vice President of Controller

Meghan Pfeifer

Director, Finance

Julia Taxin

General Partner

Past deals in Georgia

Cloverly

Series A in 2023
Provide tools for businesses and organizations to achieve carbon neutrality by connecting online buyers to local, high-quality renewable energy through their Sustainability-as-a-Service platform. Clean-tech startup creating a sustainability-as-a-service platform to make carbon offsets accessible for everyday activities.

Urjanet

Series D in 2020
Urjanet, Inc. is a company that offers a cloud-based platform designed to streamline access to utility data. By connecting directly to utility providers, Urjanet acquires and normalizes utility bills and interval data, enabling organizations to automate data collection and enhance decision-making processes. Its offerings include a range of data-as-a-service solutions, such as automated access to utility bill data, granular measurements of energy consumption, and advanced metering infrastructure data. The platform also provides tools for users to submit utility credentials securely, as well as alerts for billing and consumption irregularities. Urjanet's data services support business intelligence, energy management, accounting, and procurement, helping organizations improve financial performance, energy efficiency, and sustainability. Founded in 2009 and headquartered in Atlanta, Georgia, with an additional office in Chennai, India, Urjanet aims to transform how organizations utilize utility data across various industries.

Drum

Seed Round in 2019
Drum Technologies, Inc. operates a gig economy platform and mobile application designed to help users earn money by promoting various businesses. The Drum application facilitates a commission-based model where users, referred to as drummers, can share promotional offers created by businesses, sign up new businesses, and expand their network of fellow drummers. The platform allows consumers to discover these offers across multiple industries, including personal services, retail, food and drink, automotive, health and fitness, travel, business services, home services, and utilities. Founded in 2018 and headquartered in Atlanta, Georgia, Drum aims to create a streamlined sales force for businesses, allowing them to engage in sales efforts more efficiently than traditional advertising methods.

Urjanet

Series C in 2017
Urjanet, Inc. is a company that offers a cloud-based platform designed to streamline access to utility data. By connecting directly to utility providers, Urjanet acquires and normalizes utility bills and interval data, enabling organizations to automate data collection and enhance decision-making processes. Its offerings include a range of data-as-a-service solutions, such as automated access to utility bill data, granular measurements of energy consumption, and advanced metering infrastructure data. The platform also provides tools for users to submit utility credentials securely, as well as alerts for billing and consumption irregularities. Urjanet's data services support business intelligence, energy management, accounting, and procurement, helping organizations improve financial performance, energy efficiency, and sustainability. Founded in 2009 and headquartered in Atlanta, Georgia, with an additional office in Chennai, India, Urjanet aims to transform how organizations utilize utility data across various industries.

Urjanet

Series B in 2012
Urjanet, Inc. is a company that offers a cloud-based platform designed to streamline access to utility data. By connecting directly to utility providers, Urjanet acquires and normalizes utility bills and interval data, enabling organizations to automate data collection and enhance decision-making processes. Its offerings include a range of data-as-a-service solutions, such as automated access to utility bill data, granular measurements of energy consumption, and advanced metering infrastructure data. The platform also provides tools for users to submit utility credentials securely, as well as alerts for billing and consumption irregularities. Urjanet's data services support business intelligence, energy management, accounting, and procurement, helping organizations improve financial performance, energy efficiency, and sustainability. Founded in 2009 and headquartered in Atlanta, Georgia, with an additional office in Chennai, India, Urjanet aims to transform how organizations utilize utility data across various industries.

Omnilink Systems

Venture Round in 2007
Omnilink Systems, Inc., an electronic and offender monitoring company, provides monitoring solutions for the location of people and valuable assets to judicial and commercial sectors. Its dual GPS and cellular tracking technology enables the tracking of individuals and assets in indoors and outdoors. The company's solutions, including FocalPoint, a Web-based application; and monitoring center provides location-enabled devices and communication networks used in a variety of industries and situations. It offers judicial solutions for monitoring domestic violence offenders, sex offender tracking, house arrest and curfew, gang members, probation and parole monitoring, pre-trial and re-entry monitoring, and other violent offenders. The company also provides commercial solutions for electronic monitoring of valuable assets, such as remote or lone workers, cash or cargo in transit, irreplaceable documents and data, jewelry, electronics, pharmaceuticals, and retail inventory. In addition, it offers covert surveillance solution for vehicle tracking. Omnilink Systems, Inc. was founded in 2003 and is based in Alpharetta, Georgia.

iVivity

Series C in 2006
iVivity develops and markets storage network processor silicon, custom storage adapters, and motherboards to system manufacturers. Its products include iDiSX 2000, a single integrated storage server-on-chip silicon, which is used in current and new storage infrastructure product domains, including intelligent storage network switches, appliances, routers, gateways, array products, and blade server products; and iDiSX ASIC Evaluation Platform, which connects to Ethernet and fiber channel MACs. The company also offers custom board systems, including system board, custom adapter board, custom line card, and blade server switch module. In addition, it provides various services, including integration of custom or third-party software stacks for data protection, data management, information life cycle management, and disaster recovery.

iVivity

Series C in 2004
iVivity develops and markets storage network processor silicon, custom storage adapters, and motherboards to system manufacturers. Its products include iDiSX 2000, a single integrated storage server-on-chip silicon, which is used in current and new storage infrastructure product domains, including intelligent storage network switches, appliances, routers, gateways, array products, and blade server products; and iDiSX ASIC Evaluation Platform, which connects to Ethernet and fiber channel MACs. The company also offers custom board systems, including system board, custom adapter board, custom line card, and blade server switch module. In addition, it provides various services, including integration of custom or third-party software stacks for data protection, data management, information life cycle management, and disaster recovery.

Synchrologic

Private Equity Round in 2000
Synchrologic Mobile Suite extends existing corporate infrastructure to mobile and remote staff, delivering access to enterprise applications, files, email and PIM data, intranet sites, and Web content.

Home Wireless Networks

Series B in 1998
Home Wireless Networks specializes in wireless telephony and data networking products tailored for residential and small office/home office markets. The company's technology facilitates seamless connectivity among various devices, including personal computers, phones, and fax machines, without the need for physical wiring. This innovative approach enhances convenience and efficiency for users, allowing them to maintain a clutter-free environment while staying connected. The emphasis on wireless solutions aligns with the growing demand for flexible and mobile networking options in today's increasingly digital landscape.
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