Exit Interview: MVCA Venture Fellow Brad Lichota, RPM Ventures

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,… read more

2017 State and National Policy Update

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… read more

MVCA, NVCA

Nokia to acquire Deepfield to power network and service automation with real-time, big data analytics

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,… read more

Meet MVCA Venture Fellow Brad Lichota, RPM Ventures

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… read more

Michigan Venture Capital Association’s statewide tour continues in Ann Arbor

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,… read more

MEMBER NEWS: RPM Portfolio Company Xtime acquired by Cox Automotive

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… read more

ArborMetrix Receives Additional $1.3 Million in Series B Financing From Renaissance Venture Capital Fund and Detroit Innovate Fund

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.

Strong B2B Base, Deep Roots in Building Sustainable Businesses: Why Michigan is for RPM Ventures

Michigan and RPM Ventures have a strong B2B base and deep roots in building sustainable businesses.

Arboretum Ventures, RPM Ventures and Wolverine Venture Fund Finance ArborMetrix

ArborMetrix closed a $7 million in Series B financing from Arboretum Ventures, RPM Ventures and Wolverine Venture Fund.

RPM Ventures Hires Josh Lin As Part Of Michigan Venture Fellows Program

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.