elcome to MTDC, the Massachusetts Technology Development Corporation, a leading edge venture capital firm that addresses the "capital gap" for start-up and expansion of early-stage technology companies operating in the Commonwealth of Massachusetts. MTDC has invested in many of Massachusetts' most promising new technology-based companies.
If you're a technology-based company looking for start-up capital, and you've completed a comprehensive business plan, you may be eligible for funding. To find out if you qualify, review our investment criteria.
In Response to Survey Results: MTDC Aims to Help Fill Funding Gap in Support of the Innovation Economy
The Massachusetts Technology Development Corporation released the results of a survey that provides a broad perspective on the state of the funding market for early stage technology companies in Massachusetts. Results from more than 300 Massachusetts entrepreneurs, investors and other members of the innovation economy strongly confirmed that there is a capital gap and it primarily exists between $50,000 and $3,000,000. Read the full press release. Full survey results.
Two MassChallenge Finalists, Vsnap and Libboo, Win Big with MTDC Funding
Massachusetts Technology Development Corp. (MTDC) today announced financial backing of two MassChallenge 2011 Alumni, Libboo and Vsnap. The two were selected from a "fast track" program that guaranteed funding for two startups and helped ensure the companies stay here in the Commonwealth. Read more
MTDC Continues Investment in Software Testing Leader, uTest
MTDC announced that it has continued investing in software testing leader, uTest, as part of a $17 million Series D round of funding. This latest round brings the company's total funding to more than $37 million since its 2007 founding, and marks one of the largest investments ever made in a crowdsourcing company. Read more
Quarterly Email Newsletter
To help you stay up-to-date on the latest developments with our investments and portfolio companies, subscribe to our quarterly email newsletter. Simply enter your email address in the "Subscribe to Newsletter" form at the top of any page on our web site and click the "Go" button. The latest issue of our newsletter is available online.
