
All-Star Investors Launch New Venture Partnership to Support Early-Stage Entrepreneurs
CTW Venture Partners, LLC to help accelerate disruptive innovation in the southeast
ATLANTA, June 1, 2012 /PRNewswire/ -- I. Sigmund "Sig" Mosley, Jr. and Palaniswamy "Raj" Rajan today announced the formation of CTW Venture Partners, LLC, a venture capital partnership focused on early-stage entrepreneurs in Atlanta and throughout the southeast. CTW will raise a $25 million fund with its first close expected in early 2013. At that time, the partners expect to begin investing with an eye toward companies in all industries with disruptive innovations or technologies and strong leadership teams.
Though Mosley's name is most closely associated with Imlay Investments, Inc., where he is president and one of Atlanta's best-known early-stage investors, CTW is an entirely independent venture, with no ties to Imlay. The partnership between Mosley and Rajan, co-founder, chairman & CEO of Virima Technologies, represents nearly 180 collective deals and more than 35 years of investing. Wei-Chun Tai, principal at CTW and director of philanthropic efforts for the Mosley Foundation, rounds out the team. All will continue in their current roles for the foreseeable future.
The focus on early-stage companies reflects a shared philosophy that it is necessary to engage the entrepreneur early in order to have a real impact and help them grow through the stages of building a strong company. "We created CTW, which stands for Change The World Venture Partners," said Rajan regarding the genesis of the concept, "to work with entrepreneurs that have the same mindset of changing the world by creating disruptive technologies. We want to be engaged early to help the entrepreneur grow, leveraging our talents and rolodex to help them to be successful."
"We are excited about the opportunities in the southeast, and especially Atlanta," commented Mosley. "You need disruptive technology to build good iconic companies that will be in there for the long term. As a result of CTW, we should see new iconic companies created here. That is the intent."
CTW Venture Partners, LLC will be based in Atlanta, GA. For more information, please visit http://www.CTWVP.com.
About CTW Venture Partners, LLC
CTW was founded in 2012 by I. Sigmund "Sig" Mosley, Jr. and Palaniswamy "Raj" Rajan to invest in and assist early-stage entrepreneurs in the southeastern United States who are engaged in disruptive innovations and technologies. The partnership represents nearly 180 collective deals and more than 35 years of investing. CTW is based in Atlanta, GA. For more information, please visit http://www.CTWVP.com.
SOURCE CTW Venture Partners, LLC
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