The Mid-Atlantic Venture Association Presented: TechBUZZ Fall 2016
November 2, 2016
1:00pm – 7:30pm
The event of the year for active investors in the Mid-Atlantic Region and beyond.
MAVA shined the spotlight on the hottest up-and-coming early stage technology companies in the Mid-Atlantic again in 2016. A diverse and experienced cross-section of Early Stage Investors, VCs, and experienced CEOs provided valuable feedback in response to the TechBUZZ presentations. Whether on stage or in the audience, the insights of our investor panels was informative and thought-provoking.
MAVA shined the spotlight on the hottest up-and-coming early stage technology companies in the Mid-Atlantic for one last time in 2016. A diverse and experienced cross-section of Early Stage Investors, VCs, and experienced CEOs provided valuable feedback in response to the TechBUZZ presentations.
TechBUZZ is the area’s premier event where early-stage entrepreneurs and active investors come together to see the best and brightest, to connect with one another, and to celebrate the strength of the startup scene in our region. The program will be fast-paced & interactive and the networking top rate. Whether on the stage or in the audience, innovative Company Builders and active Investors won’t want to miss this action-packed afternoon when it returns in 2017.
Enter the National Geographic Society through the courtyard, then gather “under the stars” in the lobby—an illuminated re-creation of the sky on the night of the Society’s founding in 1888—before entering the auditorium.
Carolyn Parent is a leader in building digital and mobile communications data solution organizations, with more than 20 years’ experience as a successful entrepreneur, sales leader and team builder for small, mid-cap and Fortune 500 private and public companies.
As LiveSafe chief executive officer and president, she is directing the mobile safety communications firm’s expansion into corporate enterprise security serving many industries including global media corporations, sports and entertainment venues as well as healthcare facilities. She will also grow what is now the leading safety solution for colleges and universities.
Before joining LiveSafe in 2015, Carolyn co-founded Gravy, a leading data analytics and marketing segmentation provider serving the mobile location services industry. She was responsible for strategy and execution of the company’s sales, business development and marketing initiatives. Gravy’s technology platform brought local consumer behavior analytics to national retail brands to create personalized content and promotions.
Carolyn previously served as executive vice president and general manager for Deltek, a $300M enterprise software and information services company where she led rapid scaling of the sales force expansion in international markets and 60% growth in global sales, positioning the company for a successful IPO.
She also was national director of the services industry segment for BearingPoint, making her unit the fastest growing segment in the company. She has created successful go-to-market strategies, raised venture capital and grown revenue security analytics and data platform startups.
Carolyn is active in the Washington DC metro region technology community. She is a member of The Leadership Foundry of Women in Technology, which prepares women to serve on corporate boards in the Washington, D.C. area. She serves on the board of ZippSlip, ProEventa, Recruitmates, and Loudoun Therapeutic Riding, and is an advisor to Jason Learning, a nonprofit partner of the National Geographic Society for inspiring and motivating students to study and pursue STEM careers. She also enjoys judging the Ernst & Young Entrepreneur of the Year Awards, and contributes as an advisory board member for ComScore.
Head of Investment and Innovation, U.S. Small Business Administration
Mark Walsh was sworn in as the head of Investment and Innovation for the Small Business Administration in December of last year. He oversees all SBIC, SBIR, Accelerator/Incubator and other growth activities at the SBA.
This is his first government position. Prior, he had a 30+ year career in technology, media, venture capital, and angel investing. He was ceo of a high growth public company, (VerticalNet NASDAQ: VERT) was a senior executive at GE, AOL, and HBO, and has invested in and/or served on the board of a number of high profile public and private companies, including BlackBoard (NASDAQ: BBBB), Nutrisystems (NASDAQ: NTRI), half.com (Bought by eBay), TheStreet.com (NASDAQ: TST), IndustryBrains (bought by Marchex-NASDAQ: MCHX), Day Software (bought by Adobe) and many, many others. He got into the collision of technology and politics early, serving as the first chief technology advisor to the Democratic Party in 2002, running the internet efforts for the John Kerry presidential campaign in 2004 and was the founding CEO of Air America Radio, which brought Al Franken, Rachel Maddow, Marc Maron, and Chuck D (amongst others) to the progressive airwaves.
He was the chairman of the board of his college alma mater, Union College, of the Entrepreneurial Center at the University of Maryland, and received his MBA from Harvard. He has served on a number of very prominent not-for profit boards, including the Bipartisan Policy Center (where he was chair), the Philadelphia Orchestra, the New York Theatre Workshop and many others.
Sean Dowling joined Osage full time as an Associate in 2011, after interning with Osage as a Summer Associate in 2010 while pursuing his MBA. Previously, Sean spent five years at the Monitor Group in London, UK and Boston, MA where he served as a senior case team leader as a member of Monitor’s marketing strategy group, m2c. At Monitor, Sean focused on integrating marketing strategy and organizational design to enable Fortune 500 multinational companies to achieve sustainable growth, primarily in the consumer packaged goods and life sciences industries. Sean completed his MBA, with honors, from the University of Pennsylvania’s Wharton School and graduated magna cum laude from Princeton University with a degree in Economics.Sean serves as a board member of Brazen, ExecOnline, and ResiModel. He is also an observer of Canvas, Collections Marketing Center, Pneuron,Phone2Action, RackWare, Sidecar, and Wylei.
Cheryl Foil, Principal of Tech and Innovation at Kiddar Capital, is a smart cities technologist and veteran of the startup world. Serial CTO-turned-venture capitalist, she comes from a machine learning background and created the first Emmy-nominated AI while CTO at SocialSamba. Foil was also CTO at startup WishWould, consulting CTO for startups across the DC area, and is an alum of RedBrick Health where she was a lead engineer.
Foil now focuses on investments in smart city startups, wielding her experience to bridge the built world and technology. Smart cities is an emerging industry, made possible by advancements which allow near-ubiquitous digital measurement of the physical world and the use of that data to increase efficiency in the real estate market.
Foil recently closed a $5M Series A investment with Aquicore, a forerunner in real-time data collection and analytics for commercial real-estate. Other portfolio investments made by Foil include CargoSense, Kanler, BuildingConnected, and 1776 – a global incubator located in Washington, DC. She also spearheaded an investment in 1776’s newly formed seed fund focused on tech startups in highly regulated industries.
To date, Kiddar Capital has deployed approximately $35M in technology and innovation ventures. Foil’s team drives further placement capital into Seed, Series A, and Series B rounds — largely focused on verticals that benefit from Kiddar Capital’s deep industry influence in real estate, hospitality, construction, and smart cities.
Brinda Jadeja is a Partner at In-Q-Tel, the strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community. Since joining IQT in 2006, she has led investments in several IQT portfolio companies, primarily in the areas of mobility and enterprise software.
Prior to joining IQT, Jadeja worked at Intel Capital, where she led investments in the network infrastructure, wireless communications, and data center software sectors. In addition, she incubated multiple new businesses as part of Intel’s new business incubator, where she led business development and strategy for several new wireless businesses, made funding recommendations as a member of the investment committee, and managed overall operations.
Prior to Intel, Jadeja was at McKinsey’s New York office, where she led strategy consulting engagements for clients in the financial services, healthcare, and internet sectors. She began her career in investment banking at Morgan Stanley, where she focused on corporate finance and international mergers and acquisitions in New York and Tokyo.
Jadeja has a B.S. in Finance, Marketing, and Multinational Management from the Wharton School of the University of Pennsylvania and an M.B.A. from Stanford.
James Keeratisakdawong joined Core Capital Partners in 2016 and focuses on early stage investments in the enterprise technology sector.
Previously, James was focused on technology investments as a Principal at the Maryland Venture Fund, a $100 million AUM evergreen direct investment fund and a $56 million AUM fund of funds. He began his career with Longstreet Partners, a private investment and advisory firm focused on the enterprise and public sectors. He also has direct involvement in the founding of two technology startups, one focused on collaborative consumption and the other on paid search keyword bid optimization.
James holds a B.S. in Marketing from George Mason University and a MBA from Babson College.
Thomas D. Roberts III is the General Partner and joined HMC in 2002 as a founding member of the HGP Investment Team. He currently serves on the boards of ControlScan, Iconixx, Invincea, Ledbury and Mobile Posse and manages HGP’s investment in Clarabridge. He led HGP’s investments in and was a board member of Agility Healthcare (sold to GE Healthcare) and JackBe (sold to Software AG). He also serves as a consultant to the Office of the Secretary of Defense’s Rapid Reaction Technology Office, helping the DoD to identify promising emerging commercial technologies for the government. He is a member of the Executive Committee of the board of the Mid-Atlantic Venture Association (“MAVA”). Before joining HMC, Mr. Roberts was a senior investment banker for Wachovia (and predecessor firms First Union Securities and Wheat First Butcher Singer), where he originated and successfully executed over forty public and private equity and M&A advisory transactions for clients in the technology, telecom and healthcare sectors. He was a founding member of First Union’s Technology Investment Banking Group. Prior to investment banking, he was with Markowitz & McNaughton, a strategy consulting firm, specializing in competitive analysis, market opportunity assessment, bench-marking and acquisition buy-side search and due diligence services for Fortune 500 clients. He holds a Master of Business Administration degree and a Bachelor of Science degree from the University of Virginia.
Liz Sara has more than 25 years of experience in the local high tech community as an entrepreneur, business leader, angel investor and arts advocate. In 2001, she founded Best Marketing, LLC to provide early stage tech companies with strategic marketing, PR and business development services. Her company offers all the benefits of a full-scale, seasoned marketing department on a ‘virtual’ basis — bringing an entrepreneur’s perspective to solving the challenges of growing a start-up.
Since inception, she has served as a virtual Marketing Chief for 90++ companies, assisting tech startups increase revenue and speed market adoption for their B2B products. Her expertise includes:
developing messaging & positioning
identifying optimal target audiences
planning and launching new products
developing lead generation campaigns
handling PR and media relations
devising go-to- market strategies, and…
raising angel capital.
Previously, as co-founder of SpaceWorks, an eCommerce software company, she facilitated its startup and growth to nearly $25 million in revenue; at America Online, she rebranded the company and created the PR program and IPO road show; at United Press International, she facilitated a turn-around strategy targeting the corporate market; and at LEXIS/NEXIS, she was on the startup team that created and successfully launched a new product and division.
She Chairs the Board of Advisors at the Dingman Center of Entrepreneurship at the RH Smith School of Business at U-MD and serves as Entrepreneur-In-Residence. She is an adjunct Marketing Professor. She mentors startups at such accelerators as Eastern Foundry, the German American accelerator in NYC, TEDCO and Founders Institute; and previously supported The Fort, Acceleprise, and Accelerate Baltimore.
Liz holds an M.A. from the University of Maryland. She is a frequent conference speaker and author on topics related to e-business, marketing, entrepreneurism and angel investing. She holds Advisory Board positions in several technology companies. She invests in startups as a member of the New Dominion Angels and Dingman Center Angels.
She supports numerous Washington, DC museums, charities and performing arts organizations. She has served on the boards of the Summer Opera, the Sewall Belmont House & Museum, the Business & Professional Women’s Committee of the Corcoran, the Women’s Committee of National Museum of Women In the Arts and the Executive Board of the Capital City Ball charity. She is a Women’s Committee member of the NSO and currently manages Opera Camerata of Washington.
Managing Director and Vice President, CIT Gap Funds
Beginning in 2004, Tom Weithman has established and grown CIT GAP Funds, a family of seed-stage venture funds focused on making equity investments in the Commonwealth of Virginia’s most promising tech and life science companies. In forming GAP Fund I, Weithman brought together initial investment capital, developed and implemented all deal sourcing, due diligence, and portfolio management processes, and recruited all members of the investment team and GAP Fund board. Building on the success of GAP Fund I, Weithman launched the GAP BioLife Fund and the GAP Tech Fund in 2007. Through CIT GAP Funds, Weithman’s team has placed more than 30 seed-stage equity investments, attracted more than $30M of private equity investment into CIT GAP Funds portfolio companies, driven 9 portfolio companies to Series-A investment, and propelled several companies to exit. Weithman maintains leadership for all day-to-day fund operations, investment strategy, and portfolio management activity for CIT GAP Funds. CIT GAP Funds has been recognized by Entrepreneur Magazine as a Top 100 venture fund in 2005, 2006, 2007, and 2008. Weithman brings to CIT GAP Funds a strong prior executive experience in sales, business development, and operations with both IBM and a Hughes Electronics-backed software and IT services start-up and has raised over $75M in funding for numerous early stage technology companies. In addition to advisory roles with a number of CIT GAP Funds portfolio companies, Weithman’s serves on the board of the Virginia Tech Intellectual Property Foundation and enjoys affiliations with Irish Angels and Catholic Charities of Northern Virginia. Weithman is active in numerous angel investment, venture capital, and entrepreneurial support organizations, speaking frequently on the subjects of seed stage investing, federal R&D funding, and technology transfer and has been recognized as among the “25 Most Influential People in the Southeast Technology Community” by TechJournal South. Weithman holds a Bachelor’s degree from the University of Notre Dame, an MBA from Michigan State University and a Master’s degree in Public Administration from Harvard’s John F. Kennedy School of Government.
As an entrepreneur, Pat has experienced both failure and success. As an investor, ten years of elbow grease liberally applied over multiple asset classes and investment strategies has crafted his unique voice and adeptness for early-stage investing within the venture world. Prior to joining Route 66, Pat was a Vice President with Quona Capital, a growth-stage venture fund where he focused on fintech in emerging markets.
At Route 66, Pat brings together his entrepreneurial, direct investment and global fintech expertise to source, evaluate and lead new venture investments as well as mentor and support Route 66’s existing portfolio.
1776is a global incubator and seed fund helping startups transform industries that impact millions of lives every day—education, energy & sustainability, health, transportation and cities. 1776 is building a global community to provide the intellectual, social and financial capital these startups need to succeed.
Arlington Economic Development (AED) is dedicated to the preservation and enhancement of an economically competitive and sustainable community, and the creation of exciting, diverse and amenity-rich places. AED provides visionary leadership and superior services to Arlington’s business community, its tourism industry and its real estate development.
Baltimore Angels is an angel investor group based in Baltimore, MD. Founded in 2009, its mission is to invest profitably in the regional entrepreneurial ecosystem and advance early stage innovators to the next stage of capital formation. Its vision is to be the most trusted resource for angel capital investment and entrepreneurial mentorship in the Greater Baltimore region.
Ben Franklin Technology Partners has been the leading seed stage capital provider for Southeastern Pennsylvania’s technology sectors, investing over $175 million in more than 1,750 regional technology companies, many of which have gone on to become industry leaders, for over 30 years. Ben Franklin has also launched university/industry partnerships that accelerate scientific discoveries to commercialization, and has seeded regional initiatives that strengthen our entrepreneurial community.
Betamoreis an award-winning campus for technology and entrepreneurship with a two-fold mission. First, we aim to stimulate the establishment and growth of technology-based startup companies through business collaboration and incubation. Second, and arguably most important, we offer a career-focused education led by current industry experts to a growing public community of learners.
Bethesda Greenbrings business, government and community together through programs and services to promote a sustainable society and has a business incubator that is developing the next generation of energy and environmental products and services.
Bunker Lab DC is a not-for-profit 501(c)(3) organization built by military veteran entrepreneurs to empower other military veterans as leaders in innovation. Bunker Labs provides educational programming, mentors, events, and thriving local networks to help military veterans start and grow businesses at inside Capitol Post located in Alexandria, Virginia.
The Dingman Center Angels is a Maryland based angel investment group that provides funding to early-stage companies located within the Mid-Atlantic region. Our members are entrepreneurs, CXO’s, venture capitalists and business leaders who have founded, funded and built world-class companies. Our investors come from a wide array of industry expertise and in association with the Dingman Center of Entrepreneurship, create an extensive entrepreneurial community.
ETCis a community of entrepreneurs and startups growing together in the City of Baltimore. The ETC offers three unique programs: ETC’s Incubation Program– offering business support services to tech startups, AccelerateBaltimore– a startup accelerator launching soon, & Beehive Baltimore– Baltimore’s coworking community.
Fishbowl Labs is a vibrant community of startups working out of the AOL campus in Dulles, Virginia. Our community provides free office space and support for talented entrepreneurs to help overcome the challenges inherent in starting a company. We also collaborate with some amazing folks across AOL.
hotDesks is the Eastern Shore’s connection to the Maryland startup and entrepreneur ecosystem. An initiative of the Eastern Shore Entrepreneurship Center serving the eight counties of Maryland’s Eastern Shore, hotDesks offers a network of coworking spaces, entrepreneur and innovation training, and access to capital for high-growth, scalable startup and growth businesses.
LiftOff Healthis the first Virtual Health Business Incubator in the Washington D.C. area. We leverage our unique local resources and provide health focused education, mentorship, resources, documents, and services to help entrepreneurs and business around the world to succeed.
Loudoun County Department of Economic Development is here to help build your business. Dedicated to recruiting new business, growing our existing industries and improving our county’s business climate, we’re ready and waiting to provide a wide range of services for your company, whether you’re a start-up or well-established player.
Mach37is America’s premier market-centric cybersecurity accelerator designed to facilitate the creation of the next generation of cybersecurity product companies. MACH37™’s unique program design places heavy emphasis on the validation of product ideas and the development of relationships that produce an initial customer base and investment capital.
Maryland Business Incubation Associationwas founded in 2002 to advance business incubation in Maryland. Representing 22 incubators, MBIA supports nearly 550 companies across the state in both urban and rural areas.
New Dominion Angelsis an investor group formed to capitalize early-stage companies in the Mid-Atlantic region. We are not a managed fund. We are a group of like-minded members who make individual decisions whether to invest in companies that present to the group.
Potential Energy DC is building a unique ecosystem of entrepreneurs, investors and policy experts in the Washington, DC metro area to solve energy challenges.
Refractionis a 23,000 square foot non-profit coworking space run by Canvas for technology startups, non-profit organizations, and artists located in Reston, VA.
Startup Grind DCis an event series and websites designed to help educate, inspire, and connect local entrepreneurs. Each month we welcome an amazing speaker who shares their story with our community and tells us what worked, what didn’t, and what they’ll do differently next time. It’s an amazing opportunity to learn from the best, network with other members of the startup community, and improve your chances of entrepreneurial success.
The Startup Leadership Programis a highly selective, world-class training program for outstanding founders, leaders, and innovators who want to become top startup CEOs. SLP Fellows have founded nearly 1600 successful startups & raised more than $500M in funding.
TechBreakfastis a monthly breakfast in Baltimore, Columbia, DC, and Northern Virginia where entrepreneurs, techies, developers, designers, business people, and interested people see showcases on cool new technology in a demo format and interact with each other.
TiE DChas a mission to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs.