Home > Results > JumpStart News > The Silicon Valley of the Industrial Age, Cleveland Retains a Dense, Diverse and Vital Network of Dealmakers. This is How Deals Get Done in America

The Silicon Valley of the Industrial Age, Cleveland Retains a Dense, Diverse and Vital Network of Dealmakers. This is How Deals Get Done in America

Friday, October 29, 2010

From the vantage point of their 37th-floor offices, Mark Filippell and Ralph Della Ratta Jr., co-founders of investment bank Western Reserve Partners LLC, gesture to the Cleveland cityscape below...

...Cleveland is a stellar example of how most deals get done in America. For all its troubles, the city remains the vibrant center of a regional network, with national and international outgrowths, consisting of banks, nonbank lenders, accounting and law firms, private equity shops, some venture capital...

... JumpStart’s portfolio now totals 49 companies, including CardioInsight. Collectively, those companies have raised $130 million in follow-on capital, says Lynn-Ann Gries, JumpStart’s president and chief investment officer. Investors include Early Stage Partners, Cleveland’s biggest homegrown VC firm.

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