Region
Second Wave - Michigan
Capital Gains - Lansing
Catalyst Midland
Concentrate - Ann Arbor/Ypsi
Epicenter - Mount Pleasant
Route Bay City
Rural Innovation Exchange
Southwest Michigan
UPword - UP
The Keel - Port Huron
The Lakeshore
Metromode - Metro Detroit
Flintside - Flint
Model D - Detroit
Rapid Growth - Grand Rapids
Focus Areas
Arts and Culture
Community Development
Diversity
Economic Development
Entrepreneurship
Equity
Healthy Communities
Kids and Education
Sustainability
Technology and Innovation
Transportation
City
Ann Arbor
Chelsea
Dexter
Milan
Saline
Ypsilanti
Series
Concentrate
Block by Block
Detroit Driven
Inside our Outdoors
On The Ground
Voices of Youth
Statewide
Areas of Concern
Block by Block
Bridging the Talent Gap
COVID19
Cyber Security
Disability Inclusion
Early Education Matters
Forestry
Girl Scouts SE Michigan Team Up
Good Food
Greater Lakes
Inside our Outdoors
Invasive Species
MI Mental Health
Michigan Nightlight
Michigan's Agricultural Future
Michigan's State of Health Podcast
Nonprofit Journal Project
Preserving Michigan
State of Health
Stories of Change
Voices of Youth
Yours, Mine, & Ours - Public Health
Toggle navigation
Focus Areas
Arts and Culture
Community Development
Diversity
Economic Development
Entrepreneurship
Equity
Healthy Communities
Kids and Education
Sustainability
Technology and Innovation
Transportation
City
Ann Arbor
Chelsea
Dexter
Milan
Saline
Ypsilanti
Series
Concentrate
Block by Block
Detroit Driven
Inside our Outdoors
On The Ground
Voices of Youth
Statewide
Areas of Concern
Block by Block
Bridging the Talent Gap
COVID19
Cyber Security
Disability Inclusion
Early Education Matters
Forestry
Girl Scouts SE Michigan Team Up
Good Food
Greater Lakes
Inside our Outdoors
Invasive Species
MI Mental Health
Michigan Nightlight
Michigan's Agricultural Future
Michigan's State of Health Podcast
Nonprofit Journal Project
Preserving Michigan
State of Health
Stories of Change
Voices of Youth
Yours, Mine, & Ours - Public Health
About
Support Us
Plymouth Venture Partners Fund II makes first investment, looks to reach $30M in size
Wednesday, October 20, 2010
| Source:
Concentrate
Share
Plymouth Venture Partners Fund take two is now in action, making the first investment for the Ann Arbor-based venture capital firm's second fund.
Plymouth Management Company invested in Lansing-based
IDV Solutions
, which creates business intelligence software called Visual Fusion. It's the first investment of what Jeff Barry, partner of
Plymouth Management Company
, expects will be 20 deals in growth-stage companies over the next 3-4 years for this fund.
"We expect to do 1-2 more investments before the end of the year," Barry says.
The 7-year-old VC firm now has five employees and two interns after adding a new partner over the last year. So far the firm has raised $16 million for
Plymouth Venture Partners Fund II,
which it expects to grow to $30 million in size.
The company invests in second-stage, Michigan-based firms that are creating scalable technologies in areas like software, medical devices, or advanced manufacturing. Some of its previous investments include
Accuri Cytometers
,
Incept BioSystems,
and
Janeeva
.
Source: Jeff Barry, partner of Plymouth Management Company
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at
SEMichiganStartup.com
.
Enjoy this story?
Sign up
for free solutions-based reporting in your inbox each week.
Share
Related Tags
Software Design
,
Venture Capital
Recommended Content
Related Company
Accuri Cytometers
173 Parkland Plaza
Ann Arbor, MI 48103
Website
You may not know what a cytometer does, but here's what it means for Ann Arbor-based Accuri: jobs, growth, and expansion. And what's good for the goose is good for the gander (A2).
Across Our Network
Is this Detroit's most outrageous fall dessert? Shake bar goes over the top
Source: Model D
Helping out, getting help after Helene, Milton deliver double blow to Tampa Bay
Source: 83Degrees
Medicaid funding could expand and sustain Michigan's produce prescription programs
Source: Rapid Growth
Accessible by design: What it means to design inclusive attractions for all
Source: Input Fort Wayne