Investors
TapRoot Systems is a privately held, venture-funded corporation headquartered in Research Triangle Park, NC. TapRoot is backed by three leading venture capital firms: Intersouth Partners, Harbert Venture Partners, and Mid-Atlantic Venture Funds.
Intersouth Partners is one of the most active and experienced early-stage venture funds in the country, having invested in more than 95 entrepreneurial teams over the last two decades. Founded in 1985 and based in Durham, North Carolina, Intersouth manages $780 million in seven venture capital limited partnerships. Intersouth seeks a broad range of seed and early-stage investment opportunities in the technology and life sciences sectors. Intersouth primarily invests in the Southeast corridor between Baltimore and Florida and is focused on helping management teams achieve the strategic objectives that enable outstanding companies to grow from seed stage through successful exit. For more information, please visit www.intersouth.com.
Harbert Management Corporation provides growth capital to early stage technology and healthcare companies in the Southeastern United States through its two venture capital funds, Harbert Venture Partners I (HVP I) and Harbert Venture Partners II, L.P. (HVP II). The HVP investment team combines substantial investment, advisory and operating experience with capital to assist entrepreneurs in successfully executing their growth plans. The HVP investment team seeks board representation for the Funds’ investments and provides active strategic, operating and networking support for the Funds’ portfolio companies. Each of the Funds is an affiliate of Harbert Management Corporation, an alternative asset management firm with approximately $24 billion in committed capital and assets under management as of September 1, 2008. For more information, please visit www.harbert.net.
The Mid-Atlantic Venture Funds are four private venture capital partnerships (the first two were called NEPA Venture Funds) with approximately $200 million under management.
The primary investment interest is in purchasing the equity securities of new, young or growing businesses located in the Mid-Atlantic, although we can invest elsewhere, and have.
The investment capital has been provided by approximately 75 leading (mostly Mid-Atlantic-based) institutions and individuals.


