At RPM Ventures, MVCA Venture Fellow Brad Lichota has a front-row seat to the innovation happening across various sectors, including B2B enterprise solutions, marketplaces, and mobility. As his fellowship comes to an end, we asked him to share with us what he’s learned about venture capital, companies he’s taking note of, and what’s next for him, […]
The 2016 presidential election may have given Michigan an instant starring role in the national political conversation, but its position in the national venture capital community has been steadily growing for years. That esteem, along with its growing influence in national industry trends, brought NVCA Vice President of Government Affairs Justin Field to Michigan in […]
A global communications company looked to a Michigan venture-backed startup for a world-class solution to a 21st century problem, as Nokia announced plans to buy Ann Arbor-based Deepfield, a provider of real-time analytics for IP network performance management and security. The acquisition of Deepfield will extend Nokia’s leadership in real-time, analytics-driven network and service automation, […]
A lifelong interest in exploration and navigating new paths led MVCA Venture Fellow Brad Lichota to a career in venture capital, where he’s scouting startups as a member of RPM Ventures’ investment team. Brad tells us about his new role at RPM, his future as a Michigan job creator, and using the MVCA Venture Fellows […]
Michigan Venture Capital Association’s (MVCA) continued its statewide tour, presenting its Annual Report on venture capital activity in Michigan, at a reception hosted by ArborMetrix in Ann Arbor. The event offered over 100 attendees a deep dive into the report’s findings, with particular focus on the venture community’s impact on Ann Arbor. Maureen Miller Brosnan, […]
Xtime, a leading provider of service scheduling and workflow software to more than 6,000 auto dealerships worldwide, has been acquired by Cox Automotive for $325M. Cox Automotive acquired Xtime to further its goal of assisting dealers to become more efficient and profitable enterprises. With the acquisition, Cox Automotive will be able to offer software for the back end of […]
ArborMetrix announced that it has increased its Series B financing by $1.3 million to allow Renaissance Venture Capital Fund and Detroit Innovate to participate.
Michigan and RPM Ventures have a strong B2B base and deep roots in building sustainable businesses.
ArborMetrix closed a $7 million in Series B financing from Arboretum Ventures, RPM Ventures and Wolverine Venture Fund.
MVCA member RPM Ventures recently hired Josh Lin as part of the Michigan Venture Fellows Program. Lin is serving as an associate with the firm.