The private equity arm of CIT Group.
The firm specializes in leveraged buyouts, management buyouts, recapitalizations, growth financing and venture capital in the life science, telecommunications and technology sectors. In the telecommunications and technology sectors, the firm actively seeks to invest in the following industries: communications services, wireless technologies, communications equipment, software, and Internet enabling technologies. In the life sciences sector, the firm actively seeks to invest in biopharmaceuticals, medical devices and pharmaceutical services.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Oct 3, 2001
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Series B | $11M | Aerospace | — |
Jul 16, 2001
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Series D | $66M | Communications Infrastructure | — |
Jun 19, 2001
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Series D | $80M | Internet | — |
May 7, 2001
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Series Unknown | $19M | Biotechnology | — |
Apr 7, 2001
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Series C | $12.50M | Broadcasting | — |
CIT VentureCapital has had 5 exits. CIT VentureCapital most notable exits include GENBAND , SenoRx
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
May 23, 2017 | GENBAND | M&A | Communications Infrastructure | Detail |
Mar 29, 2007 | SenoRx | M&A | Biotechnology | Detail |
Mar 30, 2006 | Luminous Networks | M&A | Internet | Detail |
Mar 6, 2006 | Confluent Photonics | M&A | Infrastructure | Detail |
Sep 5, 2002 | Burly Bear Network | M&A | Broadcasting | Detail |