VC  Carnegie Mellon University

http://www.cmu.edu/open-field/





     Office Locations:

5000 Forbes Avenue
Pittsburgh, PA 15213
Phone: 412-268-6356

 

Stages:

  • Early
  • Seed


 

Industries:

  • Communications & Networking
  • Information Technology
  • Media & Digital Media
  • Software & Internet

  •  

    Description:

    Carnegie Mellon University's Open Field Entrepreneurs Fund (OFEF) is a new model for providing early-stage business financing to CMU alumni who are driving innovation. The OFEF is open to all CMU graduates from the past five years who have the desire to become entrepreneurs. The fund was created from a generous gift by Flip video camera creator and Carnegie Mellon alumnus Jonathan Kaplan, Kaplan's wife, Marci Glazer, and Kaplan's classmate and bitly CEO, Peter Stern. Selected companies will receive $50,000 from the OFEF and must raise an additional $50,000 matching investment to be eligible. In addition to financial support, OFEF recipients also gain access to other funding sources, receive personalized mentoring, an invitation to attend an annual OFEF business conference and receive legal and accounting support for their start-ups.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Dave Mawhinney Managing Director
    Lenore Blum Co-Director

     

    Portfolio companies include:


      Accel Diagnostics
        web link


      Acrinta
        web link


      ActivAided Orthotics
        web link


      Aurochs Brewing
        web link


      Beyond Lucid Technologies
        web link


      CommunityVibe
        web link


      GenevaMars
        web link


      Lumator
        web link


      NetBeez
        web link


      NoWait
        web link


      PECA Labs
        web link


      Pixite
        web link


      Qualaris
        web link


      QuantMD
        web link


      REBIScan
        web link


      Solvvy
        web link


      StatEasy
        web link


      ToolsCloud
        web link


      Tunessence


      Vibrado
        web link


      Voci Technologies
        web link


      Zypshop
        web link


     

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