New Vantage Group has 35 investments in our total portfolio. Current and realized (former) investments can be reviewed either alphabetically or by fund.

By Fund

Active Angel Investors

• ATM National, Inc.

  ATM National, Inc.
  Bethesda, MD
  Active Angel Investors
  Invested: August 2002
  Status: Company sold - Dec, 2005; IPO - Dec 2007
  ATM National has created an ATM (Automatic Teller Machine) network that provides surcharge free transactions on over 32,000 ATM's.

• Chesapeake Perl, Inc.

  Chesapeake Perl, Inc.
  Savage, MD
  Active Angel Investors
  Invested: March 2005
  Status: Company growing and expanding operations
  Chesapeake PERL (C-PERL) is a manufacturing company whose proprietary technology—producing recombinant proteins from insect larvae—allows both rapid and large-scale expression of a broad range of high-quality proteins, with no known human pathogens, and without expensive process development for scale-up.

• E.V.A. Corporation

  E.V.A. Corporation
  Arlington, VA
  Active Angel Investors
  Invested: October 2002
  Status: Clinical trials begin 2006 on its cardiologic project
  EVA is a medical device company founded in 1996 by Dr. Hugh H. Trout III, of Washington, D.C., a nationally prominent vascular surgeon. EVA produces devices for use in the endovascular treatment of abdominal aortic aneurysms (AAAs).

• Combustion Science & Engineering, Inc.

  Combustion Science & Engineering, Inc.
  Columbia, MD
  Active Angel Investors
  Invested: March 2004
  Status: Company continues to grow and will launch Beta product in 2006
  The primary business of the company is to develop, commercialize, market, sell and/or license products based on the technology obtained from CSE for achieving lean, premixed, pre-vaporized combustion of liquid fuels.

• Naviscan Pet Systems

  Naviscan Pet Systems
  Rockville, MD
  Active Angel Investors
  Invested: August 2002
  Status: Company received significant venture investment in 2005 and moved headquarters to California
  Naviscan PET Systems has developed a breast cancer product which utilizes PET (Positron Emission Tomography) technologies. The product significantly enhances the quality and accuracy of existing technology.

• Trusted Edge, Inc.

  Trusted Edge, Inc.
  McLean, VA
  Active Angel Investors
  Invested: November 2003
  Status: Company liquidated May 2007
  Trusted Edge is a software company that enables companies to share content securely throughout an organization. Trusted Edge products and services safeguard intellectual property and personal information by not only preventing unauthorized access, but also controlling use throughout the information lifecycle and wherever the data resides.

• Tucana Technologies, Inc.

  Tucana Technologies, Inc.
  Reston, VA
  Active Angel Investors
  Invested: November 2003
  Status: Company liquidated in early 2005 and assets sold to Northrop Grumman
  The Tucana Knowledge Discovery Suite powers applications designed to create new knowledge based on data stored in various information systems, regardless of their origins or where they are physically located.

• Wondir, Inc.

  Wondir, Inc.
  Bethesda, MD
  Active Angel Investors
  Invested: September 2004
  Status: Company sold to Revolution Health in Oct, 2005 at a profit
  Wondir can be thought of as the blending of a universal search engine and a universal message board enlivened with real time communication. www.wondir.com.

• Terracycle

  Terracycle
  Trenton, New Jersey
  Active Angel Investors
  Invested: January, 2006
  Status: Company is growing and expanding
  TerraCycle aims to lead industry by creating revolutionary products made from and packaged in waste. TerraCycle Plant Foods™ are created by feeding organic waste to worms, liquefying their poop and packaging the liquid in reused soda bottles.

• Hardbikes

  Hardbikes
  Hermitage, PA
  Active Angel Investors
  Invested: February, 2006
  Status: Company expanding and recently moved headquarters to Hermitage PA, a location that provides opportunity for expansion
  Hardbikes is a mass manufacturer of custom motorcycles. Hardbikes delivers custom motorcycles faster and for similar pricing to what the market currently pays for custom-like bikes and focuses on offering the customer a far more enjoyable and accommodating purchasing experience.

• Airak

  Airak
  Ashburn, Virginia
  Active Angel Investors
  Invested: August 2006
  Status: Company growing and expanding operations
  Airak's primary mission is to design and manufacture cost-effective optical transducer and system solutions for the commercial and military electrical power measurement industries.

• Magnify.net

  Magnify.net
  New York, New York
  Active Angel Investors
  Invested: January 2007
  Status: Company growing and expanding operations
  Magnify.net powers user-generated video channels for web publishers, media companies, and video bloggers. The Magnify platform searches and sorts video based on a site’s unique interest and engages the users to discover, share, rate and rank them for relevancy and entertainment value. The company is founded by a team of experienced media, technology, and web development entrepreneurs with track records of best-of-breed innovations. With over, 2,000 UGV Channels already on the platform, Magnify.net provides customer-focused solutions that are critical to the Video 2.0 revolution.

• Carnegie Speech

  Carnegie Speech
  Pittsburgh, Pennsylvania
  Active Angel Investors
  Invested: February 2007
  Status: Company growing and expanding operations
  Carnegie Speech is a speech assessment and training software company focused on testing and improving English pronunciation for non-native speakers. Using state-of-the-art speech recognition technology developed at Carnegie Mellon, they market 2 products that solve specific problems in the corporate business process outsourcing (BPO) and education markets; problems caused by the explosive growth of non-native English speakers in call centers and the manual, inefficient methods for assessing and improving English pronunciation. Carnegie Speech Assessment (English) and Native Accent(TM) are based on an extensible software platform using their patent-pending speech recognition and pinpointing technology. Carnegie Speech Assessment provides cost-effective, object assessment capability for corporations and organizations that need to perform assessments on a large scale. Native Accent(TM) pinpoints a user's pronunciation errors and shows him how to correct the errors while adapting to the user's individual abilities and needs.

• Envisionier Medical Technologies

  Envisionier Medical Technologies
  Gaithersburg, Maryland
  Active Angel Investors
  Invested: February 2007
  Status: Company growing and expanding operations
  Envisionier Medical Technologies, LLC is a manufacturer of palm-able, endoscopic technologies. The company’s first product, the endogo, a palm able endoscopic camera, is the world’s first battery operated, portable, hand-held endoscopic video camera with integrated viewing and archiving capability. Envisionier is led by a management team comprised of doctors, engineers and lawyers with experience in engineering, medical technologies and intellectual property.

• Animal Attraction

  Animal Attraction
  Washington, DC
  Active Angel Investors
  Invested: May 2007
  Status: Growing
  Animal Attraction is a Washington, DC-based company whose asset is the niche social networking, pet lover meeting site www.animalattraction.com. This free, registration-only web site predominantly attracts 25 to 40-year old upwardly mobile pet-owning women, but boasts membership across the generations and genders. Pet industry advertisers appear ready to pay for any site whose membership is a 100% consumer of pet items, providing an increased CPM revenue stream from that of a mass social networking site like MySpace or FaceBook. Though competition exists, the market for niche pet-enthusiast web sites is far from saturated and any and all provide a greater click-and-buy rate than sites like MySpace where members are not potential consumers of any product, but are members for purely social reasons.

• China Springboard

  China Springboard
  Centreville, VA
  Active Angel Investors
  Invested: July 2007
  Status: Growing. has over 1.4M names available for sale with an average sale price of $200 per domain name
  China Springboard (CS) is primarily a domain name parking company that participates in the Chinese market. The company has approximately 25% of all .cn domain names. .cn is the 2nd most popular domain in China. The company is looking to expand its line of business to include domain name portfolio management and an ad-exchange network. Management is well connected in China and experienced in this space. The current round was over-subscribed, but the Company agreed to keep it open and allocate $200K to AAI.

• Sensics

  Sensics
  Baltimore, MD
  Active Angel Investors
  Invested: October 2007
  Status: Growing
  Sensics, Inc., the panoramic head-mounted display company, offers a comprehensive line of panoramic, upgradeable, high-resolution head-mounted displays. Unlike other HMDs that feature narrow field of view, limited resolution or both, Sensics offers fully-immersive displays with up to 10 million pixels per eye. Over 35 different upgradeable models are offered, designed to meet a wide range of performance and budget specifications. Sensics products are used worldwide to enable new and improved virtual reality applications for training, virtual prototyping, visualization and remote presence.

• PetsDX

  PetsDX
  Pittsburgh, PA
  Active Angel Investors
  Invested: November 2007
  Status: PetsDx has established two veterinary imaging centers, Pittsburgh and Cleveland, and is in the process of expanding its business nationally.
  PetsDx Veterinary Imaging Inc. seeks to become a leading provider of veterinary diagnostic imaging services. The $18 billion dollar overall veterinary market is growing at ~15% per year as owners demand better and more expensive care for their pets (e.g., hip replacements, chemotherapy, transplants, MRIs). Much of this growth is fueled by an emerging view of pets as family members which is raising expectations for a higher level of healthcare for pets.

• LHD Vending

  LHD Vending
  Owings Mill, MD
  Active Angel Investors
  Invested: December 07
  Status: Growing with positive traction in sales on a number of fronts.
  LHD Vending Systems, Inc. (“LHD”) has developed a unique vending machine that freshly grills and serves a wide variety of hotdogs and sausages on a warm bun. The Company sells the machine and a number of ancillary items to vending machine operators (“Operators”) who purchase, stock and service vending machines in locations where they have contracts to provide vending operations. LHD’s ancillary items, including a patented bun tray and hot dog packaging equipment, provide recurring revenue of 15 cents per hotdog sold.

• Acuity Mobile

  Acuity Mobile
  Greenbelt, MD
  Active Angel Investors
  Invested: February 2008
  Status: Growing
  ACUITY MOBILE provides targeted mobile marketing and content delivery for enterprise customers. Through our patented Embedded Mobile Advertising Platform (eMAP™) Acuity uses Spot Relevance™ to deliver targeted marketing content to the right person, at the right time and the right location. eMAP™ is used by enterprise clients who have loyalty programs and affinity groups associated with their organization or brands.

• Senscient

  Senscient
  Houston, TX
  Active Angel Investors
  Invested: December 2007
  Status: Recently closed a $5.6 million Series B round of financing.
  Develops, manufactures and markets advanced gas detection products for industrial safety, environmental monitoring and process analysis applications.

• LiveLOOK

  LiveLOOK
  New Jersey
  Active Angel Investors
  Invested: May 2008
  Status: Closed on round.
  LiveLOOK is a visual sharing tool which enables customer service agents to see the screen of a user in need of assistance once that user permits this- clicks the LiveLOOK icon on the website. The revolutionary component of this concept is that the user does not have to download anything to enable visual sharing to occur, something that no other company (or technology) offers.

Dinner Club
• BioFX Laboratories, Inc.

  BioFX Laboratories, Inc.
  Owings Mill, MD
  The Dinner Club
  Invested: December 1999
  Status: company sold in Aug 2007 to SurModics (SRDX)
  BioFX Laboratories was founded to research and manufacture high sensitivity immunosubstrates, unique conjugate labeling techniques, high definition optics and digital imaging technology.

• BNX Systems

  BNX Systems
  Vienna, VA
  The Dinner Club
  Invested: March 1999
  Status: Company filed Ch. 11 - Dec, 2005
  BNX provides secure identity management solutions for centrally managing authentication and sign-on processes.

• Cylex, Inc.

  Cylex, Inc.
  Columbia, MD
  The Dinner Club
  Invested: March 2000
  Status: Company raising another round of venture finance and expanding its diagnostics distribution
  Cylex is a life science company that manufactures and develops patented in vitro diagnostic products for the assessment of immunity.

• ServiceBench

  ServiceBench
  Fairfax, VA
  Washington Dinner Club , The Dinner Club
  Invested: September 2000
  Status: company sold in 2008 to NEW Customer Services
  ServiceBench reduces manufacturers' costs and administrative expenses by providing an Internet-delivered platform to facilitate and automate service and product repair transactions between manufacturers, part and product distributors, retailers, dealers and authorized service centers.

• thePlatform

  thePlatform
  Seattle, WA
  The Dinner Club
  Invested: February 2000
  Status: Comcast acquired the company in an all cash transaction in 2006
  thePlatform is an industry-leading provider of digital media publishing solutions. The company's flagship product, thePlatform Media Publishing System (MPS) is the most comprehensive solution for media, entertainment and and enterprise customers.

• VIPdesk

  VIPdesk
  Alexandria, VA
  The Dinner Club
  Invested: December 1999
  Status: Company expanded into new markets in 2006 and became the leader in its field in 2007
  VIPdesk is a online concierge service that provides real-time personal assistance from a nationwide network of live, local agents. VIPdesk provides this service to companies, including MasterCard, Diners Club, AOL's Digital City and Citibank, who in turn offer the concierge program as a lifestyle enhancement benefit to their customers or employees.

E-Media Club
• Clean Communications

  Clean Communications
  Fairfax, VA
  E-Media Club
  Invested: November 2000
  Status: Company liquidated - June, 2003
  Clean Communications is a provider of complete Managed Virtual Private Networks (VPN) and Managed Firewall solutions.

• Everest

  Everest
  Chantilly, VA
  E-Media Club
  Invested: July 2002
  Status: in 2008 the company will deliver a new eCommerce front-end and focus on “micro-markets” in order to differentiate from competitors
  iCode has developed the first ERP solution for small and mid-sized businesses to help them serve their customers better and more profitably than many of the largest companies in the world.

• iPhotonics, Inc.

  iPhotonics, Inc.
  Austin, TX
  E-Media Club
  Invested: April 2000
  Status: Company sold to Selectron in Sept, 2003 at a profit
  Photonics was formed to meet a growing need among telecom system integrators to outsource fiber optic manufacturing and proprietary testing. Outsourced manufacturing allows customers greater focus of scarce engineering resources upon next generation design, as well as more efficient use of capital.

• NetDecide Corporation

  NetDecide Corporation
  Falls Church, VA
  E-Media Club
  Invested: October 2001
  Status: Company sold in 2004
  netDecide Corporation is a leading provider of enterprise-wide wealth management software. The netDecide approach to wealth management is based on an enterprise platform that leverages existing IT investments and offers flexible solutions to support a range of user needs and business processes.

• ObjectVideo

  ObjectVideo
  Reston, VA
  The Washington Dinner Club , E-Media Club
  Invested: January 2001
  Status: Company had record year in 2005 and is expanding operations in 2006
  ObjectVideo is a provider of automated vision technologies that can detect events from video inputs. As a leader in developing state-of-the-art MPEG4 and video compression technology, the firm has leveraged its expertise to optimize the use of millions of installed video security cameras and recorders by automatically detecting user defined events/threats and alerting security personnel in real time.

• Step9 Software Corporation, Inc .

  Step9 Software Corporation, Inc .
  McLean, VA
  The Washington Dinner Club , E-Media Club
  Invested: October 1999
  Status: company decided to shut down operations in Dec 2006
  Step 9 Software Corporation provides a complete solution for Service Delivery Management, empowering customers to market new products faster, focus on service excellence and achieve operational productivity.

• Versient

  Versient
  Hunt Valley, MD
  E-Media Club
  Invested: February 2000
  Status: Company liquidated in Oct, 2002
  Versient is an Internet-based provider of commercial graphics and printing services to medium-sized and large corporations.

• Viaken

  Viaken
  Gaithersburg, MD
  E-Media Club
  Invested: May 2001
  Status: Company liquidated in June, 2002
  Viaken is a leading provider of discovery solutions, integrated research informatics platforms, and collaborative research services to the pharmaceutical, biotechnology, agrochemical, and other life science industries.

• Xspeedium

  Xspeedium
  Hagerstown, MD
  E-Media Club
  Invested: February 2000
  Status: Company liquidated in Jan, 2001
  Xspeedium.com is an Internet-based business service provider that offers small- and medium- size manufacturing and distribution companies' fast, efficient and affordable ways to enable their companies to embrace and use the Internet for conducting business-to-business transactions.

The Washington Dinner Club
• Cigital

  Cigital
  Dulles, VA
  The Washington Dinner Club
  Invested: July 2002
  Status: Company growing and expanding client base
  Cigital is the leading provider of Software Risk Management (SRM) solutions to companies that utilize software as a mission-critical component of their business operations.

• CodeRyte, Inc.

  CodeRyte, Inc.
  Bethesda, MD
  The Washington Dinner Club
  Invested: October 2002
  Status: After infusion of additional venture capital, company has expanded product line and sales force
  CodeRyte™ is the leading software company to use Natural Language Processing technology (“NLP”) to conquer the labor intensive coding of physician and hospital bills.

• Cyveillance, Inc.

  Cyveillance, Inc.
  Arlington, VA
  The Washington Dinner Club
  Invested: June 1999
  Status: Company continues to lead in field and is growing
  Cyveillance configures its proprietary technology with client-specific parameters to locate and categorize unstructured content, transforming the Internet into a critical resource for increasing revenue, improving operational efficiencies and mitigating mission-critical risk.

• Defywire

  Defywire
  Herndon, VA
  The Washington Dinner Club
  Invested: May 2003
  Status: Company has targeted the educational and distribution markets and is gaining traction
  Defywire has developed software that enables enterprises to provide their mobile employees with real-time access to email and enterprise applications on most Java enabled mobile devices including handhelds, phones, tablets and laptops.

• LighteningCast, Inc.

  LighteningCast, Inc.
  Washington, DC
  The Washington Dinner Club
  Invested: August 2004
  Status: Company continues to expand client base dramatically, anticipates record year in 2006
  LightningCast is a leading developer of media, marketing and advertising software solutions for the broadband audio and video market. Major media companies use LightningCast technology including AOL, Microsoft, Disney/ABC, NPR and others.

• Matrics

  Matrics
  Columbia, MD
  The Washington Dinner Club
  Invested: October 2001
  Status: Company sold to Symbol Technologies in 2004 at a significant profit
  Matrics created RFID (radio frequency identification technology) systems that are comprised of silicon-based RFID tags, reader electronics, and system management software. Matrics systems address the three main elements of supply chains logistics automation, inventory management, and asset visibility to enable users to track product as it moves around a warehouse, office, or retail store.

• MetricVision

  MetricVision
  Newington, VA
  The Washington Dinner Club
  Invested: April 2003
  Status: Company sold to Metris USA in 2005 at a profit
  MetricVision has created a unique laser measurement product, having pioneered the development of Frequency Modulated Coherent Laser Radar (FM CLR). This laser technology allows for precise, remote, automated 3-D measurements of objects, such as aircraft wings, within a thousandth of an inch.

• ObjectVideo

  ObjectVideo
  Reston, VA
  The Washington Dinner Club , E-Media Club
  Invested: January 2001
  Status: Company had record year in 2005 and is expanding operations in 2006
  ObjectVideo is a provider of automated vision technologies that can detect events from video inputs. As a leader in developing state-of-the-art MPEG4 and video compression technology, the firm has leveraged its expertise to optimize the use of millions of installed video security cameras and recorders by automatically detecting user defined events/threats and alerting security personnel in real time.

• Optinel Systems, Inc.

  Optinel Systems, Inc.
  Elkridge, MD
  The Washington Dinner Club
  Invested: November 2002
  Status: Company liquidated in 2005
  Optinel Systems is an emerging independent provider of optical communication systems and subsystems for the cable market.

• Step9 Software Corporation, Inc .

  Step9 Software Corporation, Inc .
  McLean, VA
  The Washington Dinner Club , E-Media Club
  Invested: October 1999
  Status: company decided to shut down operations in Dec 2006
  Step 9 Software Corporation provides a complete solution for Service Delivery Management, empowering customers to market new products faster, focus on service excellence and achieve operational productivity.

• WiderThan

  WiderThan
  Seoul, Korea
  The Washington Dinner Club
  Invested: December 2002
  Status: Company had initial public offering in Dec, 2005 and is listed on NASDAQ
  As a sister company of Korea's SK Telecom, WiderThan is working on the next generation services and solutions designed to take full advantage of the new and revolutionary capabilities offered by 2.5G and 3G mobile phones and networks.