Noventi Ventures is an American venture capital firm based in Menlo Park. It was founded in 2002 by Giacomo Marini and was previously known as CIR Ventures.[1][2]

Noventi Ventures
FormerlyCIR Ventures
Company typePrivate company
IndustryVenture Capital
Founded2002; 22 years ago (2002)
FounderGiacomo Marini
Headquarters,
Key people
Giacomo Marini (CEO)
ProductsPrivate equity funds
Websitewww.noventi.net

The Noventi team includes Giacomo Marini, Masa Ishii, and Pierluigi Zappacosta.[3] The Investment Advisory Committee has included Rodolfo De Benedetti, Claudio Stabon, Pierluigi Ferrero.[4]

History

edit

The company was founded as CIR ventures in 2002 by Giacomo Marini the fund was initially sponsored by Italian CIR Group. The company was renamed Noventi in 2006 and moved to primely invest family money.

Portfolio

edit

Noventi Ventures has provided venture capital and active support to the following companies:

Name First Invested Description Status
Active Optical MEMS 2003 MEMS-based optical telecom components Acquired by Oclaro
Aurora Algae 2006 Algae fuel biofuels production systems Acquired by Reliance Industries
Bitfone 2003 Mobile and FOTA firmware-over-the-air devices management Acquired by Hewlett-Packard
Celltick 2001 Mobile phones broadcast applications Private
Dishcraft 2015 Robotic dish washing for institutions Private
Easy Market 2000 Travel management solutions for agents and end-users Acquired by TUI Travel
Ecrio 1999 Mobile middleware for handset manufacturers and operators Management buyout
Heliovolt 2007 CIGS-based photo voltaic panels Defunct[5]
Kasenna 2002 Video servers Acquired by Espial
Iriscube 2002 Independent information systems service provider Acquired by Reply
Lexy 2007 Innovative voice applications for mobile phones Defunct
M7 2003 Web applications development platform Acquired by BEA Systems (now Oracle Corporation)
Lumenergi 2008 Lighting controllers and management systems Acquired by Fulham
Minerva Networks 2003 IPTV and Connected TV middleware software Management buyout
Neato Robotics 2006 Home robots Acquired by Vorwerk (company)
Sygate 2001 Endpoint security for enterprise networks Acquired by Symantec
Teltier 2001 Presence-based mobile phone services Acquired by dynamicsoft / Cisco
Velomat 2012 Assembly automation and robotics Acquired by Sacmi
Windspire Energy 2008 Small very efficient vertical wind turbines Defunct

References

edit
  1. ^ "Noventi Ventures - About us". Noventi. Retrieved 31 July 2008.
  2. ^ "Noventi investor Overview". PitchBook. Retrieved May 27, 2024.
  3. ^ Hoovers Profile
  4. ^ "Noventi expects to close cleantech fund in summer". Private Equity Week. 26 March 2007. Retrieved 2008-07-29.
  5. ^ "HelioVolt Secures $101 Million in Funding". Wireless News. 28 Oct 2007. Retrieved 2008-07-29.
edit