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CIT appoints Julia Taxin to GAP Funds Investment Advisory Board

The Center for Innovative Technology has appointed Julia Taxin to its CIT GAP Funds Investment Advisory Board (IAB), a panel of private sector experts who guide investment decisions for CIT in emerging, high-growth technology companies in the Commonwealth.

Taxin (pictured) is an associate at Grotech Ventures, which invests in high-potential technology companies. She focuses primarily on investment opportunities in software, internet, digital media and healthcare.
Prior to joining Grotech, Taxin worked at Sandbox Industries, a foundry and early-stage venture capital firm, and at PricewaterhouseCoopers where she focused primarily on enterprise software solutions.
Tom Weithman, managing director of the CIT GAP Funds, says: “We welcome Julia Taxin to our IAB. She adds a great deal of expertise to our strong team, who understand the needs of entrepreneurs and the innovation marketplace because they work in it every day. Their real-time, real-world experience has been invaluable in helping us make our investment decisions.”
CIT GAP Funds is a family of seed- and early-stage investment funds placing near-equity and equity investments in Virginia-based technology, life science and clean technology companies. The funds invest in companies with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth.
CIT GAP Funds relies on its private sector IAB to make investment decisions. Consisting of three investment committees with expertise in CIT’s primary areas of investment interest – technology, clean technology and life sciences – the IAB consists of entrepreneurs, angel investors, venture capitalists and corporate strategic partners.

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