Based in Wrentham, Massachusetts, Midas Vision Systems was founded in February 1996 to commercialize a patented technology that combines optical and computer system technologies to inspect extremely fine-line ceramic circuit boards at production speeds.  Co-investors include Mid-Atlantic Venture Funds. 

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http://www.nextone.com

Based in Rockville, MD, NexTone Communications is developing integrated access devices for voice-data-fax integration over the Internet.  The products enable service providers to offer voice-data integration services to small and medium size business.  Co-investors include SafeGuard Scientific and Mid-Atlantic Venture Funds. 

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http://www.ranchnetworks.com

Based in New Jersey, Ranch Networks is developing an easy-to-manage, carrier class, website-in-a-box solution. 

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http://www.tellium.com

Based in New Jersey as a spin-out of Bellcore, Tellium, pioneer of the world's first in-service, intelligent optical switches, delivers the highest capacity, highest density, most cost-effective solutions to service providers offering advanced optical services.  Co-investors include Oak Investment Partners, Accel, Thomas Weisel & Associates, Pequot and Worldview. 
 

INTERNET

Based in New Jersey, GAIN Capital plans to become the leader in providing an online marketplace for the trading of foreign exchange.  Co-investors include Cross-Atlantic Partners. 

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http://www.groceryworks.com

Based in Dallas, Texas, GroceryWorks.com is a web-based retailer of groceries.  GroceryWorks.com offers superior quality perishable goods at comparable prices to bricks and mortar supermarkets.  Co-investors include Sprout Group, Enterprise Associates and JP Morgan. 
 

SOFTWARE

Based in Cambridge, Massachusetts, ChannelWave Software develops, markets and supports Partner Relationship Management (PRM) applications.  ChannelWave focuses on the creation of channel sales extranets to include such functions as channel communication, lead distribution, reseller profiling, pricing, product configuration, sales forecasting, order processing and product feedback.  Co-investors include SOFTBANK, Lazard Technology Partners and Alex. Brown. 

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http://www.entigo.com

Based in Pittsburgh, Entigo (formerly Signal Internet Technologies) was founded in October 1995 to provide corporations with end-to-end Internet commerce systems.  Signal’s software products provide an on-line link between host mainframe systems that are up-dated in real-time plus an intuitive Web browser environment at the trading partner locations.  Co-investors include Advent International, GEIS and Boston Millienium. 

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http://www.chipware.com

Based in Reston, Virginia, Integrated Chipware develops and markets software products for project lifecycle development. The company's main product is RTM, which stands for Requirements Traceability and Management. Co-investors include New Enterprise Associates, Mid-Atlantic Venture Funds and Keystone.

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http://www.openservice.com

OpenService is a leading provider of open platform firewall, system and application software.  Co-investors include Hudson River Partners.

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http://www.thinq.com

THINQ, originally TrainingNet, is a one-stop source for streamlined corporate learning solutions.   THINQ is headquartered in Billerica, MA, with additional offices throughout North American and the U.K.  Co-investors include Charles River Ventures, Bessemer Venture Partners and BCI Partners.
 

SERVICE BUSINESSES

Edison Schools (formerly The Edison Project), based in New York City, operates public schools on a contracted for-profit basis.  The company has developed a customer-focused school organization that incorporates the latest innovations in education administration, teaching methodology, curriculum and technology.  Entrepreneur Chris Whittle and Benno Schmidt, ex-President of Yale University, lead Edison Schools.  Co-investors include Sprout Group, Zesiger Capital, JP Morgan, JW Childs, Vulcan Ventures and UBS.