Middleburg Capital Development

Middleburg Capital Development is a growth equity investment firm based in Middleburg, Virginia, founded in 2013. The firm specializes in investing in start-up to growth manufacturing enterprises, focusing on sectors such as industrial, manufacturing, distribution, new technologies, data, information, and natural resources. Middleburg Capital Development partners with entrepreneurs, growing businesses, private banking groups, university incubation centers, and other private equity groups to enhance enterprise value. In addition to equity investments, the firm provides debt financing and leasing solutions to support the growth of its portfolio companies, primarily those based in the United States.

David M. Sutherland

President

Timothy F. Sutherland

Chairman and CEO

3 past transactions

Lucata

Series B in 2021
Lucata Corporation specializes in developing advanced hardware and software technology to enhance memory utilization for various industries. Founded in 2008 and headquartered in New York, with additional offices in South Bend, Indiana, and Palo Alto, Lucata produces motherboards, node cards, and memory servers designed for high-performance analytics. The company employs patented migrating thread technology to enable organizations to perform extensive multi-hop analytics and graph analysis on massive databases, facilitating insights from complex data structures with up to one trillion vertices. Lucata's solutions cater to sectors such as financial services, cybersecurity, healthcare, and telecommunications, allowing users to leverage existing graph database software for deeper analysis without the need for extensive software layers. The company's architecture is energy-efficient, supports linear performance scaling, and significantly reduces latency, making it a powerful option for organizations tackling big data challenges.

Vagabond Vending

Series A in 2016
Vagabond provides a mobile-focused vending management software service designed to enhance the retail experience for consumers and operators alike. The company offers a cloud-based platform that includes both web and mobile applications, allowing vending businesses to interact with their machines in real-time. This is facilitated through their Insight telemetry hardware, which provides live views of all vending operations. Users can manage their vending machines using their own devices, such as those running on Apple, Android, or Kindle, thereby eliminating the need for specialized handheld devices. Vagabond's user-friendly mobile app and web interface cater to operators who may not be technologically inclined, enabling them to efficiently oversee their vending operations and foster direct relationships between brands, retailers, and consumers.

CargoSense

Seed Round in 2015
CargoSense, Inc. is a Software-as-a-Service (SaaS) company that specializes in logistics oversight solutions for supply chain networks. Founded in 2012 and based in Reston, Virginia, the company utilizes data-driven technology to provide visibility into the transportation of sensitive goods such as pharmaceuticals and food. Its suite of applications includes CARGOSENSE SUPPLY for cold chain management, CARGOSENSE FRESH for compliance with health regulations, CARGOSENSE CLINICAL for clinical trials, and CARGOSENSE CONTROL for real-time monitoring of shipments. The company also offers FridgeSense, a cloud-based analytics tool for climate control, as well as logistics beacons and custom reporting services. CargoSense’s solutions help clients in transportation, life sciences, third-party logistics, electronics, and food and beverage industries to enhance compliance, lower shipping costs, and minimize product loss by providing comprehensive insights into shipment conditions, including temperature and environmental factors.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.