Description Virginia was the first English colony in the New World and is home to this venture capital firm, known for funding start-ups that create their own new worlds -- or industries. Grotech Ventures invests in early, expansion, and growth stage technology companies. The company focuses on long-term investments in communications, information technology, software, and Internet businesses. Grotech's portfolio of about 30 companies includes telecommunications equipment provider Aztek Networks, voice-over-IP company BroadSoft, and broadcasting technology developer ibiquity Digital Radio. Investments range from $500,000 to $5 million. The company was founded in 1984 by managing general partner Frank Adams.