Description
Boston-based Furneaux & Company, LLC was founded in 1996 as a seed stage high technology investment firm. Furneaux & Company, LLC also invests in high technology companies undergoing transition. The firms principals take an active role in their portfolio companies primarily in assisting with building strategic relationships, recruitment and team building, financing and at times directly in operations. The firm focuses its investments primarily in companies developing communications equipment and services, semiconductors, Internet and enterprise software. Portfolio companies include Aavid Thermal Technology (NASDAQ: AATT), Aironet Communications (NASDAQ: AIRO), Chrysalis-ITS, Chrysalis Symbolic Design (Acquired by Avant!), CLAM Associates, Extreme Packet Devices, Intersense, Sedona Networks, Philsar Electronics, Skystone Systems (acquired by Cisco Systems), and Solidum Systems.