VC  Carnegie Mellon University

     Office Locations:

5000 Forbes Avenue
Pittsburgh, PA 15213
Phone: 412-268-6356



  • Early
  • Seed



  • Communications & Networking
  • Information Technology
  • Media & Digital Media
  • Software & Internet



    Carnegie Mellon University's Open Field Entrepreneurs Fund (OFEF) is a new model for providing early-stage business financing to CMU alumni who are driving innovation. The OFEF is open to all CMU graduates from the past five years who have the desire to become entrepreneurs. The fund was created from a generous gift by Flip video camera creator and Carnegie Mellon alumnus Jonathan Kaplan, Kaplan's wife, Marci Glazer, and Kaplan's classmate and bitly CEO, Peter Stern. Selected companies will receive $50,000 from the OFEF and must raise an additional $50,000 matching investment to be eligible. In addition to financial support, OFEF recipients also gain access to other funding sources, receive personalized mentoring, an invitation to attend an annual OFEF business conference and receive legal and accounting support for their start-ups.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Dave Mawhinney Managing Director
    Lenore Blum Co-Director


    Portfolio companies include:

        web link

      Voci Technologies
        web link


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