Borealis delivers superior returns by sourcing unique early-stage investment opportunities in the areas of application software, Internet and mobile media, and technology commercialization. We typically lead (or co-lead) a company’s first round of institutional capital and make follow-on investments as appropriate, with a total commitment of $2 - $5 million per company. As founders’ partners and active investors, we serve on the board and leverage our operating expertise and networks to add value, mitigate risk, and accelerate growth and exit. Our investments are concentrated in Northern New England (Boston and north), but we invest nationally within our sectors of expertise.
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| Envista Goes Live! |
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Envista Corporation has unveiled its web-based solution
for infrastructure project coordination
among multiple infrastructure stakeholders. Envista's
groundbreaking technology introduces map-driven, real-
time sharing of construction and maintenance project
schedules among municipalities, utilities, and highway
agencies.
With concerns about public infrastructure at an all-time
high, Envista provides the first technology solution to
leverage the limited budgets of stakeholders with better
planning, more efficient operations, and reduced paving
costs. Crisscrossing the U.S. are 2.4 million miles of
paved roads, 2.3 million miles of gas pipeline, and 2.1
million miles of water pipeline. Industry experts estimate
the renewal of these systems will require an investment
of more than $1 trillion in the coming decades. With so
many aging systems requiring immediate attention, lack
of coordination among stakeholders is costly.
"How often have you seen a newly paved road in your
town being excavated for maintenance work?" asks
Envista CEO Rick Fiery. "This happens because project
information is not easily shared. Built infrastructure
systems are complex and interdependent and, until now,
there have been no automated methods to help multiple
project owners work together efficiently." Fiery
continues, "Advances in technology have made it
possible for Envista to tackle the huge problem of
infrastructure coordination. We have integrated three
technologies to create this innovative solution: internet
mapping, geospatial database capabilities, and Web 2.0
technologies. Envista is a timely remedy to streamline
collaboration in the infrastructure community."
"Envista has worked closely with municipalities, utilities
and highway agencies in developing this literally ground-
breaking
technology solution for the challenges of updating our
nation's aging infrastructure. Borealis anticipates an
exciting year for the company as they roll-out a series of
multi-stakeholder projects across the country that will
change the way our nation's infrastructure systems are
built and maintained," said Borealis Ventures Managing
Director Jesse Devitte.
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Click here to demo Envista for yourself |
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| Calling All Bikers - Register Today for the Prouty on July 12, 2008 |
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Registration is open for the Annual Prouty Century Bike
Ride & Challenge Walk but space is limited so we need
all interested riders and walkers to register ASAP. The
2008 Prouty will take place on Saturday, July 12, 2008.
We are on track to the Team Borealis goal of 50 riders
and
walkers and $50,000 raised towards the overall Prouty
fundraising goal of $2,000,000. Biking and walking
through VT and NH is a great way to spend a summer
day, but by participating in the Prouty you have the added
benefit of raising funding for vital research work at Dartmouth Hitchcock
Medical Center's renown Norris Cotton
Cancer Center. All team members and supporters
are invited to join us for an informal dinner the night
before to make sure all are well fueled for the effort.
We hope that you will join us in this important endeavor.
To register for our team please email meagan
@borealisventures.com for more information.
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