On October 4, 2003 GrandBanks Capital will co-sponsor the 4th annual MIT Sloan Software Symposium – I See a Light (www.mitsloanevents.com).
The foci of this year’s event will be on the current state and coming trends in the software sector of the technology market. Morning speakers will provide insight into current and future direction of capital markets, software infrastructure and its impact on business strategy, software buying trends in the technology industry and evolving legal, accounting and corporate governance issues affecting software companies.
In the afternoon, CEOs from 24 revenue-generating, software companies in the enterprise apps, informatics, offshore development, security, Web services and wireless apps sectors will discuss what it takes for a company to get funded, stay competitive, remain focused and be successful. Among the CEOs participating will be Malcolm Frank of CXO Systems and Jonathon Linner of Enpocket, both GrandBanks Capital portfolio companies.
Four venture capitalists, including GrandBanks Capital’s Managing General Partner, Charles R. Lax, will discuss what’s getting funded (and what’s not) and what they are doing to further the opportunity for success of their portfolio companies. They will also offer thoughts about trends affecting the VC industry, consolidation pressures and their strategies in today’s market.
About GrandBanks Capital
GrandBanks Capital (GBC) is a venture capital firm established in partnership with SOFTBANK and Mobius Venture Capital (SOFTBANK Venture Capital). GrandBanks focuses on making early stage technology investments, primarily in the eastern part of the United States, in companies operating principally in the areas of Internet infrastructure, software and software services, security and storage applications, media technologies and services, financial technologies and services, and wireless technologies and services. With headquarters outside Boston and an office in New York City, GBC possesses extensive experience and expertise in information technology, Internet and communications, media and financial services, and semiconductor technologies, having funded and managed many leading and successful companies. Our portfolio includes Coradiant, Inc., CXO Systems, Inc., Ember Corporation, Enpocket, Inc., Glasshouse Technologies, Inc., and OutStart, Inc.
