Profile of Edison Ventures (new fund, great GP, and closing deals)

If you have a great deal located in the Mid-Atlantic (key word is great vs. good), then you need to meet Gary Golding with Edison Ventures.  Contact me at jdm.networking@gmail.com should you want an introduction for your great deal to great partner of a great fund! Visit me on LinkedIn:  http://www.linkedin.com/in/jdmorris

PROFILE OF EDISON VENTURES:

edison Ventures Logo

GENERAL PARTNER GARY GOLDING (from website):

“Dealmaker” is more than just a job description for Gary, as he is a recipient of the Dealmaker of the Year Award—recognition of substantial success by the Association for Corporate Growth.

Gary directs the Virginia investment team, leading by example. He further shares his knowledge with frequent speaking engagements and professional memberships.

With beginnings in marketing and business development, Gary made his first investment in 1987. His career as a venture capitalist has continued ever since, showing that personal innovation is the key to achieving great results.

Read More: http://www.edisonventure.com/our-team/team-profiles/gary-golding/

RECENT DEAL (from press release):

Edison Ventures proudly announces leading $10M growth financing of Magnetic. New York–based Magnetic is an emerging advertising leader in search retargeting for brands, media agencies and direct marketers. Edison’s $8.0M investment accelerates national sales expansion, fuels product innovation and increases vendor partnerships domestically and abroad. Co-investors include Charles River Ventures, IA Capital Partners, Neu Venture Capital, NYC Seed and NYC Investment Fund.

Read More: http://www.edisonventure.com/assets/Uploads/Magnetic-Investment-initial-investment-final.pdf

NEW FUND (from press release):

Edison Ventures is pleased to announce the final closing of Edison Venture Fund VII at 249 million. Limited Partners include pension funds, financial institutions, endowments, family offices and fund of funds.

Edison VII is off to a fast start, already investing $55M in 10 portfolio companies. The portfolio delivered outstanding performance in 2011 with 50% revenue growth and current fair value rising to 1.4X investment cost.

Read More: http://www.prweb.com/releases/2012/2/prweb9234138.htm?PID=4166869

Author: JDM

Simi Private

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