VC Zombies: NeoCarta Ventures

NeoCarta Ventures

NeoCarta raised its first and only fund back in 1999, snaring $275 million. It’s still got eleven portfolio companies, but no ability to add new ones. Among the remainders are Handango, Meru Networks, Silverpop Systems and Waterfront Media.

NeoCarta was formed by former members of TTC Ventures and GE Equity. Its goal was to invest around 50% of its money into B2B companies, with the remainder split between B2C companies and enabling technologies.

peHUB left messages with several of the firm’s managing directors, but did not hear back. As of last check, calls to the bi-coastal firm’s Boston office were being routed directly to Menlo Park. You can view NeoCarta’s website here.