Following last month’s insightful presentation by NASA astronaut Daniel Tani, ACG National Capital members will have the opportunity to listen to CIT GAP Funds Managing Director and Vice President, Tom Weithman, as well as MACH37 Managing Partner Rick Gordon at the upcoming ACG monthly meeting.
CIT GAP Funds is a family of seed- and early-stage investment funds placing near-equity and equity investments in Virginia-based technology, life science, and clean technology companies. The firm invests in companies with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia. The firm has been recognized by Entrepreneur Magazine as a Top 100 venture fund in 2005, 2006, 2007, and 2008.
Tom Weithman began establishing and growing CIT GAP Funds in 2004. After the success of GAP Fund 1, Weithman launched the GAP BioLife Fund and the GAP Tech Fund in 2007. Through the different CIT GAP Funds, Wietherman’s team has been able to place more than 30 seed-stage equity investments, attract more than $30M of private equity investment into CIT GAP Funds portfolio companies, drive nine portfolio companies to Series-A investment, and propel several companies to exit.
MACH37 is a market-centric cybersecurity accelerator designed to facilitate the creation of the next generation of cybersecurity product companies. The firm’s unique program design places considerable emphasis on the validation of product ideas and the development of relationships that produce an initial customer base and investment capital.
Prior to joining MACH37, Rick Gordon served as Vice President of product management at KEYW Corporation, where he led product management strategy for the startup division of a systems integrator that targeted growth in the commercial cybersecurity products market. Rick has also held numerous high-ranking positions in the cybersecurity field, including COO of Baltimore’s Looking Glass Cyber Solutions, and Managing Director of the Civitas Group in Washington, D.C.
Weithman and Gordon will bring their technology and financial knowledge to the ACG National Capital membership at the June Monthly Meeting, to be held on June 20 at the Ritz-Carlton Tysons Corner. For additional information, or to register online, click HERE