Save the Date: Biotech Company Capital Forum May 9, 2014
in collaboration with Cold Spring Harbor Laboratory and
Feinstein Institute for Medical Research at North Shore-Long Island Jewish Medical System
Melville, NY – March 25, 2014– The Long Island Capital Alliance (“LICA”), the leading non-profit capital formation and business development organization serving regional companies, today announced the successful completion of its Technology Company Capital Forum held on March 7, 2014. The capital forum provided an opportunity bring together capital providers, entrepreneurs, industry executives and businesses seeking capital, as well as to hear a panel of industry experts discuss financing alternatives for technology companies which was moderated by LICA President Corey Massella.
Each of the companies LICA selected for presentation at the capital forum possessed unique technologies and catalysts for significant growth which will be attractive to investors. These investment opportunities include companies that offer cloud-based software-as-as-service solutions, internet applications, digital media services, online advertising, manufacturing technologies, and mobile device and healthcare IT platforms.
“Our Long Island Capital Forum delivered an impressive lineup of exciting technology growth companies,” said Neil Kaufman, Chairman of LICA. “These companies had an opportunity to present their business plans the highest number of investors we’ve had in attendance since LICA has begun this industry-focused series of capital forums, highlighted by an outstanding panel discussion among four leading technology investors. The entire LICA board is gratified that our presenters and investors were significantly interested in each other.”
“As a presenter at the Long Island Capital Alliance Technology Company Capital Forum, I experienced a professionally managed forum with an opportunity to share our early stage company with a diverse group of potential investors,” said Douglas Schmohl, CEO of FlightPartner. “With guidance from Neil Kaufman, we were able to refine our pitch and gain the interest of two capital management groups.”
“I found the companies presenting at the LICA Technology Companies Capital Forum to be very interesting with tremendous potential. A few could be IPO ready in just a few months, which would create high tech and high paying job opportunities right here on Long island,” said Steve Lichaw, an investment banker for Stern Aegis Group and a panelist at the event.
“LICA was a great experience for me. As a start-up CEO, I pitch at many Angel events, but it's not often that I have such a quality experience speaking with audience members after the event,” commented Jenna Dreher Fernandes. “Everyone was excited about my company, CareBooker, and wanted to speak about how they could help and introductions they could make. LICA proves that there is a vibrant investor hub on Long Island! I look forward to attending again in the future.”
Technology Company Capital Forum Presenting Companies
The following companies made presentations at the Long Island Capital Forum:
RingLead, Inc.: provides its clients with powerful, affordable, and easy-to-use data quality solutions to clean, protect and enhance their customer and prospect data, driving increased ROI in sales and marketing investments.
Carebooker: A centralized platform to find, book, and pay for all types of in-home family care services, including child care, pet care, tutoring and lessons, sports and fitness, senior care, and more.
Dashbid: Increases publisher’s video advertising revenue using proprietary, data-driven, automated ad sales algorithms.
FlightPartner: A provider of a superior central reservations platform for the business and luxury travel industry that fully automates the booking method for private jet travel and facilitates the provisioning of travel services by its suppliers to its customers.
Imcosys: Designs, builds, and markets smartphones, tablets and eReaders offering customers maximum value through open customized product platforms.
Mobile Health One, Inc: Developer of a single sign-on system for securely accessing, consolidating and communicating healthcare information among care professionals, patients and data from unconnected locations.
Technology Company Capital Forum Panel of Industry Investors:
The following investment professionals participated in the panel discussion at the Long Island Capital Forum:
Michael Taglich, a capital markets veteran with more than 27 years of financial industry experience. He is the Chairman and President of Taglich Brothers, Inc., a New York City and Huntington, Long Island, New York based securities and private equity firm.
Swatick Majumdar, a Managing Director of Digital Entertainment Ventures, a startup and early stage capital investment firm focused on companies that transform media and entertainment.
John Ason, a professional investor for over 16 years, specializing in early stage pre-revenue companies.
Steve Lichaw, a Managing Director in the Stern Aegis Group of Aegis Capital, which focuses on assisting private growth companies to raise capital and eventually go public.
About the Long Island Capital Alliance:
Since 1984, the Long Island Capital Alliance (www.licapital.org), formerly known as Long Island Venture Group, has been promoting business growth on Long Island. LICA seeks to create a productive and business-friendly environment that will afford area businesses access to the resources necessary to compete successfully in today's markets. LICA serves as a focal point for the exchange of ideas among new and existing business enterprises, successful entrepreneurs, investors, and service providers. Through quarterly capital forums and special meetings, LICA brings together members of the region's business community, and has been recognized as the place to turn to when small businesses need equity, debt, or other financing, or for investors to find an attractive investment opportunity.
LICA’s mission is to encourage economic development on Long Island by facilitating capital formation for a broad range of companies in various industries, from early stage to mature middle market closely held and publicly-traded businesses. LICA accomplishes this primarily through education, networking, quarterly capital forums, periodic special educational meetings, and alliances with other regional organizations. LICA brings together members of the region's business community and serves as the finance arm for significant local business and organizations.
For more information on LICA and its next event, please contact LICA today or register online.
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Darrow Associates, Inc.