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Inner Loop Capital Launches $2.6M Syndicate Fund to Invest in D.C. Area Seed-Stage Founders Building Venture-Scale Companies

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Justin Label, former Partner at Bessemer Venture Partners, leads
investments on behalf of eight L.P.’s, anchored by Ron and Cyndi Gula,
formerly of Tenable Network Security, Inc.

BALTIMORE–(BUSINESS WIRE)–#VentureCapitalInner
Loop Capital
, a seed-stage venture capital
firm supporting founders of cybersecurity and enterprise technology
companies in the Washington, D.C. region, today announced a new $2.6
million Syndicate Fund to help fuel the early-stage venture ecosystem in
the region. Founded and managed by Justin Label, an active angel
investor and former Partner at Bessemer Venture Partners, the firm aims
to ease the early fundraising process for the most promising D.C. area
founders so that they can accelerate toward hyper-growth and build
companies of global scale and reach.

“Greater Washington D.C. is the largest economy in the U.S. without a
liquid seed-stage venture capital market,” said Label. “The challenges
of raising early capital in the D.C. region are frustrating to local
founders and inhibit the growth of our venture and tech ecosystem. The
outstanding founders of the D.C. region prove there is a viable venture
market here. Nearly $2 billion in venture capital is invested in the
area each year. And yet there is no institutional seed-stage venture
capital fund with a mission of supporting D.C. area founders. We want
this Syndicate Fund, raised from investors who see this opportunity, to
be a step toward addressing that gap.”

The fund will have a primary focus on cybersecurity founders. The D.C.
region, or “Cyber Corridor”, is home to the second-largest concentration
of cybersecurity product companies in the U.S. and has spawned cyber
“unicorns” including Sourcefire, Mandiant, and Tenable. Label gained
substantial experience in cybersecurity while at Bessemer Venture
Partners and focused on the sector as a Baltimore-based angel investor
from 2015 to 2018. He was among the first investors in some of the D.C.
region’s fastest-growing companies, including NS8 and Cybrary, where he
also helped those founders build their initial investor syndicates.

“We’ve named this a Syndicate Fund because it places committed capital
behind the kind of syndicate formation active angel investors do in the
D.C. region. Founders need investors who share their vision, can commit
meaningful dollars at venture speed, and partner with them for a long
journey. We hope this Syndicate Fund brings all those elements together
under one roof for D.C. area founders.”

Gula Tech Adventures, led by Ron and Cyndi Gula, formerly of Tenable
Network Security, Inc., anchored the new Syndicate Fund and was joined
by seven additional Limited Partners including Bloomberg Beta, two
family offices, and several cybersecurity founders.

“We believe strongly in the potential of D.C., Maryland, and Northern
Virginia founders and of building a thriving venture ecosystem in the
region,” said Ron Gula, President of Gula Tech Adventures. “After
co-investing five times with Justin as angel investors, we’re now glad
to formally partner with Inner Loop Capital to continue to back
visionary founders very early in their development.”

The fund aims to make approximately eight seed-stage investments over
eighteen months, with typical initial investments of $300-400k. The
Syndicate Fund can expand as necessary to fund follow-on rounds of its
portfolio companies. Beyond cybersecurity, Inner Loop invests
exclusively in enterprise technology companies, including cloud
infrastructure, data analytics, and enterprise SaaS. Inner Loop will
invest largely in the D.C. area, while also making investments in San
Francisco and other tech hubs to encourage greater cross-pollination of
ideas and capital for D.C. founders.

Since launching in January of 2019, Inner Loop Capital’s Syndicate Fund
has led the Seed round of D.C.-based GreyNoise Intelligence, Inc., and
participated in early financings of Tall Poppy Security, Inc. and
Crosschq, Inc., both of San Francisco.

Area enterprise technology founders and members of the investment
community are invited to join Label and Gula at the National Harbor
Cyber Innovation Wine Down networking event being held on Tuesday, June
18 from 5:00 – 9:00 p.m. at The Tasting Room Wine Bar & Shop located at
137 Waterfront Street in Oxon Hill, MD. To RSVP visit https://events.bugcrowd.com/cyberinnovationwinedown/inner-loop-capital.

About Inner Loop Capital

Inner Loop Capital is a seed stage venture capital investment firm
committed to fueling a strong D.C. area early-stage venture market
ecosystem. The firm’s mission includes accelerating D.C. founders’
access to early capital and beyond while encouraging visionary founders
to build the largest, fastest-growing companies possible. Based in
Baltimore, MD, Inner Loop invests exclusively in enterprise technology
companies in the Washington D.C. area and beyond, with a particular
focus on cybersecurity. For more information visit www.innerloopcap.com
or Twitter: @innerloopcap, or contact justin@innerloopcap.com.

Contacts

Media Contact:
Kari Walker for Inner Loop Capital
703.928.9996
kari@redironpr.com

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Business Wire

Bin Zayed Group’s global oil chain and BBOSS reached a strategic cooperation

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NEW YORK–(BUSINESS WIRE)–Recently, Top investment master in the world, Prince of Abu Dhabi, Chairman of the Board of Directors of the Bin Zayed Group, His Excellency Sheikh Khaled Bing Zayed Al Nahyan, Chairman of the Board of Directors of the Abu Dhabi Sovereign Fund, chaired the “Global refueling chain OPC Strategic Cooperation Seminar” in Bangkok, Thailand. The Bin Zayed Group, a partner from 50 countries around the world, held a one-day strategic discussion on the use of the BBOSS accounting tool to launch the global refueling chain. Finally reached a consensus that the OPC global refueling system uses the BBOSS accounting tool as a third-party tool for OPC points.

Liu Shijiang, secretary general of the China Aviation Rescue Alliance, attended the seminar and reached a strategic cooperation intention on the cooperation between the Air Rescue Association and OPC.

(BIN ZAYED GROUP, (BZG),) is a global oil, energy, bank, finance, real estate, top hotel, antique and cultural relics investment enterprise founded by Prince Sheikh Khaled Bin Zayed Al Nahyan. Its “Abu Dhabi sovereign fund”, with a size of $1.3 trillion (10 trillion yuan), once ranked first in the world and now ranks second in the world.

The global refueling chain project launched by the Bin Zayed Group is the first subdivided market project based on block chain technology to solve the problem of gas stations. This project not only solves the problem of expensive refueling, The problem of the number of passengers at gas stations is due to the use of the BBOSS points tool to give all participants more benefits. The global network of global refueling chain projects will make full use of the BBOSS accounting tool, meaning that the physical application of BBOSS tools is rapidly expanding to more areas around the world.

The cooperation with the China Aviation Rescue Alliance also applies the oil chain to people’s livelihood, refueling BBOSS Token to let more consumers feel the convenience and benefits of BBOSS accounting tools to their lives.

Contacts

Jan Liu

Jan@globalnews.com

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Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Textron Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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LOS ANGELES–(BUSINESS WIRE)–$TXT #TXTThe Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Textron Inc. (“Textron” or “the Company”) (NYSE: TXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between January 31, 2018 and October 17, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before October 21, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Textron suffered from slowing end-market sales of Arctic Cat products, leaving the sales channel filled with excess inventory. The Company provided significant discounts in an effort to clear the aging inventory, which impacted its earnings. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned the truth about Textron, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm

Brian Schall, Esq.

www.schallfirm.com

Office: 310-301-3335

Cell: 424-303-1964

info@schallfirm.com

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Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Textron Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Business Wire

Published

on

Reading Time: 2 minutes

LOS ANGELES–(BUSINESS WIRE)–$TXT #TXTThe Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Textron Inc. (“Textron” or “the Company”) (NYSE: TXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between January 31, 2018 and October 17, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before October 21, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Textron suffered from slowing end-market sales of Arctic Cat products, leaving the sales channel filled with excess inventory. The Company provided significant discounts in an effort to clear the aging inventory, which impacted its earnings. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned the truth about Textron, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm

Brian Schall, Esq.

www.schallfirm.com

Office: 310-301-3335

Cell: 424-303-1964

info@schallfirm.com

Continue Reading

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