Grotech Hires General Partner

Early stage investor Grotech Ventures has promoted Lawson DeVries to general partner. Prior to joining Grotech, Mr. DeVries was an associate in the equity research division of Deutsche Bank and an associate at financial research firm Buckingham Research Group. DeVries has a Bachelor of Arts from Harvard University and an MBA from Duke University’s Fuqua School of Business.

PRESS RELEASE

Grotech Ventures, a leading early investor in high-potential technology companies and one of the longest-established firms in the venture industry, today announced that Lawson DeVries has been promoted to General Partner.

Mr. DeVries joined the firm in 2005. Focusing on software, internet, digital media, networking and infrastructure sectors, DeVries has worked with a number of Grotech’s portfolio companies, including Aztek Networks, BroadSoft, Clarabridge, Collective Intellect, Hillcrest Labs, LogiXML, LogRhythm, Rebit, SkyeTek and TRAFFIQ. He recently led Grotech’s investments in cloud infrastructure company, 6Fusion, and NextGen Storage, Inc., a cutting-edge storage technology company.

Prior to joining Grotech, Mr. DeVries was an associate in the equity research division of Deutsche Bank and an associate at financial research firm Buckingham Research Group. DeVries has a Bachelor of Arts from Harvard University and an MBA from Duke University’s Fuqua School of Business.

“Over the last six years, Lawson has made valuable contributions working closely with many of our portfolio companies and has successfully sourced and closed two new exciting investments,” said Frank Adams, Grotech’s Founder and Managing General Partner. “This is a well-deserved recognition of the results Lawson has delivered as part of the Grotech team.”

About Grotech Ventures
Founded in 1984, Grotech Ventures is a leading early investor in high-potential technology companies. Grotech seeks innovative IT companies with particular emphasis on digital and social media; software and SaaS; security and storage technologies; healthcare information technology; and communications technology and services. Grotech continues to invest and add value throughout the growth of its portfolio companies. The firm has a strong combination of industry relationships and deep domain and operational expertise to accelerate growth. Grotech supports early-stage companies through investments starting at $500,000.