MASSEY BURCH CAPITAL CORP. was formed in January 1994 as the continuation of the investing activities of Jack C. Massey and Lucius E. Burch, III.
Massey and Burch began making venture capital investments in 1968 at Massey Investment Company. Increasing venture opportunities fueled the formation of Massey Burch Investment Group in 1981, the predecessor of Massey Burch Capital Corp.
In 1982, Don Johnston, current President of Massey Burch Capital Corp., joined Lucius Burch to assist him in building Massey Burch Investment Group. In 1984, they began managing venture capital partnerships. The firm formed five venture capital partnerships during the 1980s.
In 1994, Massey Burch Capital Corp. ("Massey Burch") was formed to continue the venture capital activities originated by Messrs. Massey and Burch. Since that time, the partners of Massey Burch have organized two funds and have successfully implemented their investment strategy. The Principals have worked together for over 15 years and collectively have over 60 years of investment experience.
Massey Burch and its predecessors has managed over $245 million and supported the growth of over 80 companies in a wide variety of industries.
More recently, the firm is focusing on investing in early stage companies within information technology, communications, internet solutions and health care services. The firm's previous involvement with diverse industries has allowed it to advantageously assist its portfolio companies in strategic business relationships necessary to capitalize on the first-mover advantage.
Since its founding, Massey Burch's investment philosophy has focused on the quality and charisma of a management team and a venture's unique, first-to-market business solution. The success of this approach has resulted in the growth of many companies in new industries, such as Redgate Communications (acquired by America Online), Digex, Inc. (acquired by Intermedia Communications), @Plan.inc. (acquired by DoubleClick, Inc.) and, Pinpoint Networks (now Motricity).
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