Grotech Ventures

Apkudo, Inc. is a technology company based in Baltimore, Maryland, founded in 2010, that specializes in solutions for managing the lifecycle of connected devices. The company provides a comprehensive platform that facilitates the efficient handling of mobile phones, tablets, laptops, and other electronics by automating processes such as certification, trade-in, recovery, resale, and device processing. Apkudo's Circular Industry Platform allows businesses to maximize the value of their devices while minimizing e-waste, offering decision-support and operational tools that ensure seamless transitions throughout a device’s lifecycle. By standardizing and optimizing the exchange of real-time data among stakeholders in the global device ecosystem, Apkudo enhances operational efficiencies and improves margins for original equipment manufacturers and mobile network operators.

Apkudo, Inc. is a technology company based in Baltimore, Maryland, founded in 2010, that specializes in solutions for managing the lifecycle of connected devices. The company provides a comprehensive platform that facilitates the efficient handling of mobile phones, tablets, laptops, and other electronics by automating processes such as certification, trade-in, recovery, resale, and device processing. Apkudo's Circular Industry Platform allows businesses to maximize the value of their devices while minimizing e-waste, offering decision-support and operational tools that ensure seamless transitions throughout a device’s lifecycle. By standardizing and optimizing the exchange of real-time data among stakeholders in the global device ecosystem, Apkudo enhances operational efficiencies and improves margins for original equipment manufacturers and mobile network operators.

Apkudo, Inc. is a technology company based in Baltimore, Maryland, founded in 2010, that specializes in solutions for managing the lifecycle of connected devices. The company provides a comprehensive platform that facilitates the efficient handling of mobile phones, tablets, laptops, and other electronics by automating processes such as certification, trade-in, recovery, resale, and device processing. Apkudo's Circular Industry Platform allows businesses to maximize the value of their devices while minimizing e-waste, offering decision-support and operational tools that ensure seamless transitions throughout a device’s lifecycle. By standardizing and optimizing the exchange of real-time data among stakeholders in the global device ecosystem, Apkudo enhances operational efficiencies and improves margins for original equipment manufacturers and mobile network operators.

Cerebro Capital, Inc. is a technology company based in Baltimore, Maryland, founded in 2017. It specializes in developing a web-based portal tailored for middle-market companies seeking to utilize credit facilities for operational needs, growth, or acquisitions. The platform integrates data from over 80 lenders and employs analytics to effectively match financing types with suitable lenders, enhancing transparency in the borrowing process. By providing a comprehensive online loan management system, Cerebro Capital aims to improve the efficiency of lending for corporate borrowers and financial intermediaries. The company equips users with access to critical market expertise, detailed term sheets, and continuous monitoring of credit standing and debt capacity, ultimately transforming how financial teams evaluate and source corporate credit.

RackTop Systems, Inc. develops innovative data center solutions with a focus on data security and storage performance. The company's flagship product, BrickStor, is available in several versions: BrickStor Iron, which serves as an enterprise storage platform; BrickStor Titanium, tailored for private cloud environments; BrickStor zFLASH, which offers flash storage with high performance; and BrickStor SP, a software-defined primary data solution that implements a data-centric Zero Trust model to protect against cyber threats such as ransomware. Other offerings include an object storage platform called OSP, enterprise networking solutions through FlexBox, and virtual desktop infrastructure support with vBox. Additionally, RackTop provides MyRacktop, a secure multi-tenant cloud, and an enterprise backup and recovery appliance. The company also delivers consulting services in data storage optimization and information security to various sectors, including banking, education, and government. Founded in 2010 and headquartered in Fulton, Maryland, RackTop Systems has gained recognition for its innovative approach to cybersecurity and data management.

UrbanStems Inc. is a Washington, D.C.-based company that specializes in on-demand flower delivery services. Founded in 2014, it offers a variety of fresh flowers and seasonal stems for different occasions, along with floral arrangements tailored for businesses. UrbanStems provides hand-crafted bouquets that are designed for quick delivery, often arriving within minutes to the recipient's location. The company's offerings include personalized notes and specific care instructions for each arrangement, enhancing the gifting experience. Additionally, UrbanStems features a subscription service for regular flower deliveries and provides an iOS application for convenient ordering. The company's services are available in major cities such as New York, Baltimore, Philadelphia, and Washington, D.C.

Yet Analytics operates a comprehensive data analytics platform for large enterprises. It collects data from diverse sources like web and mobile apps, wearables, IoT devices, and VR/AR systems to identify employee behavior trends and improve operational outcomes. Founded in 2014, it's headquartered in Baltimore, Maryland.

Ryft Systems, Inc. is a data analytics platform company that specializes in providing advanced virtual and heterogeneous compute solutions designed to enhance data analysis capabilities at terabyte to petabyte scales. Founded in 2012 and headquartered in Rockville, Maryland, Ryft offers a range of products including the Ryft CLUSTER for extensive data analysis operations and the Ryft ONE, a compact platform that simultaneously processes historical and streaming data to deliver real-time business insights. The company employs hybrid x86/FPGA technology, enabling significant acceleration of analytics workloads, achieving speeds of up to 10 gigabytes per second while maintaining energy efficiency. Ryft's solutions cater to a variety of sectors, including retail, finance, defense, and healthcare, allowing organizations to extract valuable intelligence from diverse data sources. Ryft Systems, formerly known as Data Design Corporation, has established a reputation for its innovative approaches to real-time data analysis, trusted by industry leaders for their critical intelligence applications.

TRAFFIQ is a digital media planning and buying platform established in 2006, with offices in New York, Virginia, and Columbia, Maryland. The company offers a self-service management platform designed to enhance the efficiency and control of advertisers and publishers over their media campaigns. TRAFFIQ provides a comprehensive suite of tools that streamline the media planning and buying process, facilitating negotiations and managing ad operations, including trafficking, tracking, optimization, reconciliation, and billing. The platform enables seamless communication and transactions between agencies, advertisers, and over 2,200 publishers globally, offering access to more than 100 billion daily impressions. TRAFFIQ operates on a commission-based model, where sellers pay a fixed percentage on ads sold, and advertisers only cover the cost of media. The company has experienced significant growth, doubling its staff and marketplace presence over the years, and has been recognized as one of America's Fastest Growing Companies.

TRAFFIQ is a digital media planning and buying platform established in 2006, with offices in New York, Virginia, and Columbia, Maryland. The company offers a self-service management platform designed to enhance the efficiency and control of advertisers and publishers over their media campaigns. TRAFFIQ provides a comprehensive suite of tools that streamline the media planning and buying process, facilitating negotiations and managing ad operations, including trafficking, tracking, optimization, reconciliation, and billing. The platform enables seamless communication and transactions between agencies, advertisers, and over 2,200 publishers globally, offering access to more than 100 billion daily impressions. TRAFFIQ operates on a commission-based model, where sellers pay a fixed percentage on ads sold, and advertisers only cover the cost of media. The company has experienced significant growth, doubling its staff and marketplace presence over the years, and has been recognized as one of America's Fastest Growing Companies.

iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.

iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.

iBiquity Digital is a company that develops and licenses HD Radio technology for both AM and FM audio and data broadcasting, operating within the United States and internationally. Founded in 1991 and headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan, iBiquity's technology enables digital radio signals to coexist on the same frequencies as traditional analog broadcasts. This innovation allows for enhanced audio quality and additional data services for listeners. The company also offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a dedicated HD Radio application for iPhone and iPod touch users, facilitating access to HD Radio FM broadcasts.

BroadSoft develops software and services that enable telecommunications service providers to deliver cloud‑based unified communications to enterprise customers worldwide. Its portfolio includes UC‑One, a cloud communication platform that integrates voice, messaging, video conferencing, screen sharing, file sharing and virtual meeting rooms; Team‑One, a collaboration tool for chat, notes, file sharing and project organization; BroadSoft Hub, a cloud service that fuses real‑time communications with cloud applications and contextual intelligence; and CC‑One, a contact‑center solution that supports omni‑channel interactions and collaboration between agents and back‑office staff. The company also supplies the BroadWorks application server and the BroadCloud SaaS platform, and offers professional support, consulting, training and lifecycle services. Founded in 1998 and headquartered in Gaithersburg, Maryland, BroadSoft serves more than 500 telecommunications carriers, including 18 of the world’s largest, across more than 70 countries and in 25 languages. Since 2018 it operates as a subsidiary of Cisco Systems.

BroadSoft develops software and services that enable telecommunications service providers to deliver cloud‑based unified communications to enterprise customers worldwide. Its portfolio includes UC‑One, a cloud communication platform that integrates voice, messaging, video conferencing, screen sharing, file sharing and virtual meeting rooms; Team‑One, a collaboration tool for chat, notes, file sharing and project organization; BroadSoft Hub, a cloud service that fuses real‑time communications with cloud applications and contextual intelligence; and CC‑One, a contact‑center solution that supports omni‑channel interactions and collaboration between agents and back‑office staff. The company also supplies the BroadWorks application server and the BroadCloud SaaS platform, and offers professional support, consulting, training and lifecycle services. Founded in 1998 and headquartered in Gaithersburg, Maryland, BroadSoft serves more than 500 telecommunications carriers, including 18 of the world’s largest, across more than 70 countries and in 25 languages. Since 2018 it operates as a subsidiary of Cisco Systems.

USinternetworking, an applications services provider, manages companies' software via the internet. It provides hosted applications via the internet for large companies looking for managed software services. It offers applications from vendors in the areas of enterprise resource planning and customer relationship management (Oracle), spend management (Ariba), messaging and collaboration (Microsoft), and custom developed e-commerce systems. USinternetworking's customers included the State of Maryland's Department of Health and Mental Hygiene, Sunburst Hospitality, and Yankee Candle. The company was acquired by US telecom service giant AT&T in 2006.