Our Investments
Affinity Capital Management III
(Minneapolis‚MN) is a medium–sized SBIC venture capital fund that invests primarily in seed and early–stage medical device, health care services and health care information technology companies.
API‚Inc.
(Mendota Heights‚MN) is a leading business–process outsourcing provider of turnkey‚ transaction–based e–commerce solutions. The company provides the technology, equipment and expertise needed to automate and enhance underperforming administration, finance and accounting‚ and payment processes.
Atrix International‚ Inc.
(Bloomington‚ MN) manufactures and distributes computer and telecommunication tools‚ ultra high quality copier vacuums‚ copier monitoring and control devices‚ and injection molding machine monitoring devices.
Avenet Web Solutions
(St. Paul‚ MN) is an industry-leading provider of state–of–the–art website creation and content management systems. Avenet’s proven‚ easy–to–use Web site technology empowers organizations to rapidly deploy and effectively maintain customized‚ interactive and robust Web sites.
Birch Point Medical‚ Inc.
(St. Paul‚ MN) develops and sells an innovative iontopheretic drug delivery system that improves the safety‚ effectiveness and ease of administration of medications which are delivered into the body.
CoAxia‚ Inc.
(Maple Grove‚ MN) is a medical device company developing a set of treatments to lessen the severity of strokes by improving the blood flow to the brain.
Dougherty Summit Opportunity Fund I‚ Brightstone Capital
(Minneapolis‚ MN) is a small venture capital fund that invests primarily in seed and early-stage companies in the Twin Cities.
Dougherty Summit opportunity Fund II‚ Brightstone
(Minneapolis‚ MN) is a medium-sized SBIC venture capital fund that invests primarily in seed and early–stage companies in the United States.
Dougherty Summit Contrarian Fund
(Minneapolis, MN) invests primarily in distressed equity opportunities.
Fanball.com
(Minnetonka‚ MN) provides Internet‚ television‚ radio and print content and services to fantasy sports enthusiasts in the football‚ golf‚ baseball‚ and NASCAR markets.
FiberNetTelecom Group‚ Inc.
(New York‚ NY) (NASDAQ: FTGX) is a telecommunications carrier's carrier that designs‚ builds and operates next generation optical transmission networks in major cities. Fibernet acquired Devnet in 2001.
FirstCom
(Minneapolis‚ MN) was a reseller of U.S. West’s Centron XL local dial tone. It merged with Enhanced Office Communications to become a provider of local‚ long distance and Internet access to second and third–tier office properties in the Twin Cities.
Four51
(Eden Prairie‚ MN) is the leading e–solution for buyers‚ distributors‚ and suppliers in the independent distribution channel. It empowers buyers‚ distributors‚ and suppliers to communicate‚ collaborate‚ coordinate and transact with each other online efficiently‚ instantly‚ and securely.
Gentra Systems‚ Inc.
(Minneapolis‚ MN) develops and markets manual and automated nucleic acid (DNA and RNA) purification and isolation methods for clinical molecular diagnostics‚ gene discovery and pharmacogenetics.
Inlet Medical‚ Inc.
(Minneapolis‚ MN) is a growing medical device company specializing in the development of laparascopic surgical instruments and kits with a focus on improving women’s health.
Magnum Technologies‚ Inc.
(Eden Prairie‚ MN) suite of leading edge software tools perform the critical real time network and system analysis that is needed to quickly resolve today’s complex IT problems.
Midwest Wind Finance
(Minneapolis‚ Minnesota) Midwest Wind Finance is the national leader in the financing of community wind energy projects. MWF specializes in arranging turbine supply‚ the placement of Production Tax Credit equity financing‚ and securing conventional and mezzanine financing.
MilePoint.com
(Minneapolis‚ MN) allows frequent flyers to convert their miles and points into a new online currency‚ MilePoint MoneySM‚ which can be used toward the purchase of goods and services from more than 100 online merchants.
NetBriefings.com
(St. Paul‚ MN) provides live‚ on–demand‚ and interactive web conferencing services‚ which allow its corporate customers to communicate with large‚ geographically dispersed internal and external audiences.
Point Cloud
(Plymouth‚ MN) developed a software technology called ‘Zap 3D’ which automatically transformed standard video into interactive 3D images that viewers can manipulate and control‚ using low bandwidth. Point Cloud automated the process and made it affordable. The company marketed the product to online retailers to provide a more engaging online shopping experience‚ increase sales and reduce returns.
Portage Equity II
(Minneapolis‚ MN) is a very small venture capital firm that invests primarily in seed and early–stage companies in the Upper Midwest.
ProVation Medical
(Minneapolis‚ MN) is the only healthcare software and services company focused on enhancing the effectiveness of medical specialists through the automation of clinical procedure planning‚ documentation and communication.
Rapid Diagnostek
(River Falls‚ WI) Rapid Diagnostek has developed a patented‚ inexpensive‚ easy to use sensor appropriate for detecting bacteria‚ viruses‚ spores and pathogens. The technology offers remarkably faster and less expensive results than existing technology.
Redbricks
(Bethesda‚ MD) was a internet start–up offering automated commercial real estate loan origination‚ processing and closing through a network of mortgage bankers and lenders.
Revation Systems
(St. Paul‚ MN) Revation Systems sells software that enables its customers to use instant messaging as a secure method of bringing efficiency to their customer contact center operations.
Rudolph Technologies
(NASDAQ: RTEC) (Bloomington‚ MN) designs‚ manufactures‚ markets and services automated visual inspection equipment for the detection of micro defects in semiconductor devices. (Formerly August Technology Corporation)
Sherpa Partners
(Minneapolis‚ MN) Sherpa Partners is a small venture capital firm focused on early–stage emerging technology companies in the Upper Midwest‚ primarily in the Twin Cities.
SPS Commerce
(St. Paul‚ MN) allows large enterprises to achieve universal supply chain connectivity through its Supply Chain Integration Services.
Square Roots
(Minneapolis‚ MN) was a website providing conten‚, consultation‚ and products related to healthy eating.
SterilMed‚ Inc.
(Maple Grove‚ MN) reprocesses and re-sterilizes used surgical instruments and devices for hospitals and other healthcare providers.
ViaMedics
(White Bear Lake, MN) designs and markets patent-protected, technologically advanced medical devices in the cardiovascular market and other markets on an opportunistic basis.
Vicom‚ Inc.
(New Hope‚ MN) (NASDAQ: VICM)‚ through it subsidiaries Corporate Technologies USA and Multiband‚ Inc.‚ provides a full range of communication systems and subscriber services for commercial‚ professional and institutional users.
VisionShare‚ Inc.
(St, Paul‚ MN) provides secure information exchange solutions to reduce the risk and liability, while decreasing management costs‚ associated with electronically delivering confidential and proprietary information. VisonShare’s high–performance solutions are ideal for industries such as healthcare and financial services.
