VENTURE CAPITAL VENTURE CAPITAL

							VENTURE
CAPITAL
T
      he Fairfax County Economic Development Authority’s Capital Attraction Program enhances the county’s visibility as a location for
      entrepreneurs to start their businesses. The program works to increase the county’s “market share” of venture capital deals with initiatives
      designed to increase seed and early stage investments in privately held emerging companies. The Capital Attraction Program also works
to increase the number of venture capital firms with a presence in Fairfax County.



  FairFax County Venture Capital Firms & equity inVestment organizations
  Amplifier Venture Partners, LP         Fairfax Partners                            Mercator Capital                           Redshift Ventures
  www.amplifierventures.com              www.fairfaxpartners.com                     www.mercatorcapital.com                    www.redshiftventures.com
  Avansis Ventures, LLC                  GIV Venture                                 Mid-Atlantic Venture Funds                 The Dinner Club
  www.avansisventures.com                www.givinc.com                              www.mavf.com                               www.thedinnerclub.com
  Blue Water Capital, LLC                GKM Newport                                 Monumental Venture Partners                True Venture Partners
  www.bluewatercapital.com               www.gkmnewport.com                          www.mvpfunds.com                           www.trueventures.com
  BV Group Ventures, LLC                 Grotech Capital Group                       New Atlantic Ventures                      Updata Partners
  www.bvgroup.com                        www.grotech.com                             www.navfund.com                            www.updatapartners.com
  CIT Gap Fund                                                                                                                  Valhalla Partners
  www.cit.org                            HFS Capital, LLC                            New Enterprise Associates                  www.valhallapartners.com
                                         www.hfscapital.com                          www.nea.com
  Edison Venture Fund                                                                                                           Washington Capital Ventures
  www.edisonventure.com                  Intersouth Partners                         New Vantage Group                          www.wcvonline.com
                                         www.intersouth.com                          www.newvantagegroup.com
  ECentury Capital                                                                                                              Winston Partners
  www.ecenturycapital.com                Liquid Capital Group                        NextGen Capital                            www.winstonpartners.com
                                         www.liquidcapitalgroup.com                  www.nextgencapital.com
  E-media Club                                                                                                                  WWC Capital Group, LLC
  www.emediaclub.com                                                                                                            www.wwccapital.com



FAIRFAX COUNTY VENTURE CAPITAL              FAIRFAX COUNTY VENTURE CAPITAL                           VENTURE CAPITAL INVESTMENTS IN FAIRFAX COUNTY
                                                                                                                  (millions invested and number of deals)
  AS A PERCENTAGE OF TOTAL $                   AS A PERCENTAGE OF TOTAL
      INVESTED IN VIRGINIA                    $ INVESTED IN D.C. METROPLEX                             $1,252
                                                                                                         107
         (Fourth Quarter 2008)                        (Fourth Quarter 2008)                  1,200      deals
                                                                                             1,100
                                                             West
                                                            Virginia                         1,000
                                                             7.4%                              900
                                                                                               800
                                                  Fairfax                                      700
                                                                          Maryland
                                                  County                                       600
                                                                           47.9%
   Fairfax County     Rest of Virginia            22.1%                                        500              $425
         50%               50%                                                                 400               47                             $297 $273
                                                                                                                deals   $262                                   $269 $255
                                                                                               300                              $242             51
                                                       Rest of                                                           58             $196           48
                                                                                                                                                deals deals     45    45
                                                       Virginia        Washington,             200                      deals    45                            deals deals
                                                                          D.C.                                                           39
                                                        22.1%                                  100                              deals   deals
                                                                          0.5%
                                                                                                0
                                                                                                       2000     2001    2002    2003    2004    2005 2006      2007   2008

Sources: PricewaterhouseCoopers Money Tree Report and public sources
                                                                                                                                                              continued ➨




            8300 Boone Boulevard, Suite 450, Vienna, Virginia 22182 • Telephone 703-790-0600 • Fax 703-893-1269 • URL www.FairfaxCountyEDA.org
Venture Capital inVestment in FairFax                                                 Venture-oriented law Firms witH
County Companies, FourtH quarter 2008                                                 oFFiCes in FairFax County
Investment in Fairfax County = $72.1 million (12 deals)                               Akin Gump                           www.akingump.com
                                                                                      Cooley Godward Kronish              www.cooleygodward.com
CorasWorks (www.corasworks.com)                                   $500,000
                                                                                      DLA Piper                           www.dlapiper.com
HuffingtonPost.com) (www.huffingtonpost.com)                  $24.9 million
                                                                                      Greenberg Traurig                   www.gtlaw.com
Koofers (www.koofers.com)                                         $500,000
                                                                                      Hogan & Hartson                     www.hhlaw.com
KZO Innovations (www.kzoinnovations.com)                      $1.69 million
                                                                                      Holland Knight                      www.hklaw.com
LucidMedia Networks (www.lucidmedia.com)                       $8.8 million
Renaissance Lighting (www.renaissancelighting.com)           $15.36 million           Hunton & Williams                   www.hunton.com
Rivermine Software (www.rivermine.com)                        $2.05 million           Kelley Drye                         www.kelleydrye.com
RollStream (www.rollstream.com)                                  $6 million           McGuireWoods                        www.mcguirewoods.com
SPADAC (www.spadac.com)                                        $2.2 million           Mintz Levin                         www.mintzlevin.com
TD Security (www.trustdigital.com)                             $7.1 million           Morrison & Foerster                 www.mofo.com
VideoNext. (www.videonext.com)                                    $942,000            Pillsbury Winthrop
Xtone Networks (www.xtone.com)                                   $2 million           Shaw Pittman LLP                    www.pillsburywinthrop.com
                                                                                      Patton Boggs                        www.pattonboggs.com
                                                                                      Reed Smith                          www.reedsmith.com
inVestment/merCHant Banks                                                             Squire Sanders                      www.ssd.com
witH oFFiCes in FairFax County                                                        Venable                             www.venable.com
                                                                                      Williams Mullen                     www.williamsmullen.com
Claris Advisors                          www.clarisadvisors.com
                                                                                      WilmerHale                          www.wilmerhale.com
Houlihan Lokey                           www.hlhz.com
                                                                                      Wilson Sonsini                      www.wilsonsonsini.com
Longstreet Partners                      www.longstreetpartners.com
                                                                                      Womble Carlyle                      www.wcsr.com
The McLean Group                         www.mcleanllc.com
Mercator Capital                         www.mercatorcapital.com
Updata Capital                           www.updatacapital.com
WWC Capital Group, LLC                   www.wwccapital.com
                                                                                      Venture Banks witH oFFiCes in
                                                                                      FairFax County
seleCted Venture Capital eVents                                                       Bridge Bank
                                                                                      Comerica Bank
                                                                                                                         www.bridgebank.com
                                                                                                                         www.comerica.com
Grubstake Breakfast Program              www.centuryclub.org                          Silicon Valley Bank                www.svb.com
Capital Connection                       www.mava.org                                 Square 1 Bank                      www.square1bank.com
Early Stage East                         www.earlystageeast.org
Mid-Atlantic Venture Fair                www.mavc.org


For more information on venture capital in Fairfax County, contact Rodney Lusk, FCEDA Capital Attraction
Program Manager at rlusk@fceda.org or 703-790-0600.
                                                                                                                                        March 2009




          8300 Boone Boulevard, Suite 450, Vienna, Virginia 22182 • Telephone 703-790-0600 • Fax 703-893-1269 • URL www.FairfaxCountyEDA.org