LOUISVILLE, KY (August 14, 2002) - Chrysalis Ventures, Kentucky’s largest venture capital firm and a leading source of equity capital for young growth companies in the Southeast and Midwest, has recruited two new associates: Suzanne Bergmeister and Jason Mahoney. Ms. Bergmeister joins Chrysalis with significant prior regional venture capital experience. She previously worked for Blue Chip Venture Company in Cincinnati as an associate specializing in technology investments. Prior to …
Advanced Academics Secures $7.5 Million Round of Financing
Investment focused on expansion into additional states and enhancements of course offerings OKLAHOMA CITY (June 6, 2002) - Baxter Brings, President and CEO of Advanced Academics Inc., an online learning company for students in grades seven through 12, announces today the company has secured $7.5 million in a Series B Preferred Stock financing. New investors were Council Ventures, of Nashville, Chrysalis Ventures, of Louisville, Ky.; and Prosperitas Investment Partners also of Louisville. Previous investors who participated in the financing were Chisholm Private Capital Partners and American Fidelity Group, both of Oklahoma City. "In a difficult environment for venture capital, I believe securing this level of financing sends a …
Chrysalis Ventures Closes Its Newest Venture Capital Fund at $143 Million
LOUISVILLE, KY (May 10, 2002) - Chrysalis Ventures, Kentucky's largest venture capital firm and a leading source of venture capital in the Southeast and Midwest, announced today that it has concluded fund raising for its fourth, and largest, venture capital fund. The $143 million fund attracted a variety of new institutional investors from the pension, endowment, foundation, insurance, fund of funds and banking sectors. Founded in 1993, Chrysalis invests primarily in …