Center for Innovative Technology

company

About

CIT is a nonprofit corporation that accelerates the next generation of technology and technology companies.

  • 11 - 50

Highlights

Details

Industries
Enterprise Software,Health Care,Information Services,Information Technology,Medical,Non Profit
Founded date
Jan 1, 1985
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Government Office,Venture Capital

In 2005, CIT celebrated 20 years of creating technology-based companies and strategies for innovation. From its original mission to enhance the research and technology transfer activities of Virginia universities, CIT has moved its focus toward the new technologies, entrepreneurs and technology companies that make innovation happen.

Today, CIT’s operating structure consists of service lines that enable it to respond quickly and efficiently to new opportunities with government and private sector clients. The service lines – CIT Entrepreneur, CIT R&D, CIT Broadband and CIT Connect – establish a clear identity that allows us to meet their goals and close innovation gaps.

Investments

Number of Investments
Number of Lead Investments
3
0
Center for Innovative Technology has made 3 investments. Their most recent investment was on Oct 22, 2019, when MarginEdge raised $7M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 22, 2019 MarginEdge
Series A $7M Analytics
Apr 23, 2019 ChurnZero
Series A $7M Enterprise Software
Sep 5, 2017 ChurnZero
Seed $2.50M Enterprise Software