Investors
TapRoot Systems is a privately held, venture-funded corporation headquartered in Research Triangle Park, NC, USA who secured investment from Intersouth Partners, Harbert Venture Partners, Mid-Atlantic Venture Funds.
Intersouth Partners is one of the most active and experienced early-stage venture funds in the Southeast, having invested in more than 80 private companies over the last twenty years. Founded in 1985, Intersouth manages more than $775 million in seven venture capital limited partnerships, making it the largest venture capital fund in North Carolina and one of the largest in the Southeast.
Based in Durham, North Carolina and Reston, Virginia, Intersouth Partners seeks a broad range of investment opportunities in the information technology and life sciences sectors. Our experienced team has full-cycle experience in the complex matters associated with investing in fledgling companies, including management team development, technology assessment and transfer, corporate partnering and successful exits.
Harbert Venture Capital team provides growth capital to early stage information technology and healthcare companies in the Mid-Atlantic and Southeastern U.S. Harbert Venture Partners seeks to capitalize on the dynamic entrepreneurial culture and significant R&D activity within the region by partnering with successful business leaders to build viable, dynamic companies. Harbert Venture Partner's office is in Richmond, Virginia and our sponsor's office in Birmingham, Alabama is well positioned to identify attractive opportunities.
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.