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The Venture Codex

Connecticut Department of Economic and Community Development

450 Columbus Boulevard, Hartford, CT, 06103, United States

Overview

Connecticut Department of Economic and Community Development assists economic and business development in the state.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Business Development
  • Financial Services
  • Government
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Investment portfolio

  • Fortress Risk Management

    Participated · Equity · Oct 2014

    Fortress Risk Management offers a Rampart Intelligence Platform and a suite of behavior-based protection solutions (AMLWatch, PayWatch, CheckWatch, CardWatch, InsiderWatch, DisputeManager) and an expert services arm, Fortress Insight. The company focuses on defending community banks and credit unions from fraud, financial crime, and associated operational and reputational damage. The recent financing will be used to support rapid growth, accelerate its fast-growing customer base, and fund expansion and development of new products and services. Fortress emphasizes a world-class executive team of industry veterans, including David Mitchell (President) and senior product, operations, and technology leaders, to guide product and market development. The firm positions its platform and services as tailored, behavior-based tools and outsourced support to reduce overhead and improve compliance for community financial institutions. No operating metrics or prior financing rounds were disclosed in the announcement.

  • Emme

    Participated · Series A · Oct 2012

    Emme E2MS LLC (doing business as Emme) delivers advanced environmental control and energy-management solutions for homes and small commercial properties. Its proprietary system combines wireless temperature sensors, thermodynamic data analysis, control algorithms, and built-in zoning to manage HVAC performance room by room. The platform includes smart thermostats and offers Internet connectivity that lets HVAC contractors remotely monitor, diagnose, and adjust units. CEO Jon Brodeur leads the company from Bristol, Connecticut. Emme intends to use newly secured capital to accelerate product innovation and expand market penetration. The company’s current financing milestone is a $3 million Series A round; no additional operating metrics were disclosed.

Team

No current team members are available.