VSPRING CAPITAL

vSpring Capital and Signal Peak Ventures, both based in Salt Lake City, are combining as equal partners in a new investment firm that, effective immediately, will operate under the Signal Peak Ventures name, both companies announced Tuesday. No money was exchanged. vSpring is a traditional early-stage venture capital firm with over $350 million of committed capital under management. Specifically, they target information technology and life sciences companies headquartered in the Intermountain... West region. They look for companies with the potential to transform their markets and create lasting value. Their primary areas of focus include enterprise software, networking and communications, security software, Internet, mobile computing, drug discovery, drug delivery, diagnostics, and medical devices, all markets where the firm has deep experience. Their strategy is to be the first investor in these companies and to provide a level of operational assistance that creates additional value. They take a labor-intensive, service-oriented approach by making early introductions to key customers and strategic partners and helping to recruit top executives and co-investors.More