ABS Capital Partners
Encyclopedia
ABS Capital Partners is a venture capital
firm focused on investments in companies across a range of industries, including technology, business services, health care, and media and communications.
The firm, which is based in Baltimore
, was founded in 1990. The firm has raised approximately $2.1 billion since inception across six funds.
ABS Capital Partners is a member of the National Venture Capital Association
and the Mid-Atlantic Venture Association .
(later BT Alex. Brown). The firm's founder, Donald Hebb spent more than 20 years with Alex. Brown where he was CEO from 1986 to 1991, leading the initial public offering
in 1986.
ABS is an acronym representing the firm's predecessor organization Alex. Brown & Sons.
Among the firm's notable investments include Rosetta Stone
, American Public Education, Captivate Network and DoubleClick
.
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
firm focused on investments in companies across a range of industries, including technology, business services, health care, and media and communications.
The firm, which is based in Baltimore
Baltimore
Baltimore is the largest independent city in the United States and the largest city and cultural center of the US state of Maryland. The city is located in central Maryland along the tidal portion of the Patapsco River, an arm of the Chesapeake Bay. Baltimore is sometimes referred to as Baltimore...
, was founded in 1990. The firm has raised approximately $2.1 billion since inception across six funds.
ABS Capital Partners is a member of the National Venture Capital Association
National Venture Capital Association
The National Venture Capital Association is the leading trade association representing the venture capital industry in the U.S. The NVCA represents the venture industry in public policy debates in Washington, DC, and promotes high professional standards, professional development, and interaction...
and the Mid-Atlantic Venture Association .
History
ABS Capital Partners was founded in 1990 and was originally the investment arm of Alex. Brown & SonsAlex. Brown & Sons
Alex. Brown & Sons was the first investment bank in the United States, founded by Alexander Brown in 1800 and based in Baltimore, Maryland. The firm was acquired by Bankers Trust in 1997 to form BT Alex...
(later BT Alex. Brown). The firm's founder, Donald Hebb spent more than 20 years with Alex. Brown where he was CEO from 1986 to 1991, leading the initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
in 1986.
ABS is an acronym representing the firm's predecessor organization Alex. Brown & Sons.
Among the firm's notable investments include Rosetta Stone
Rosetta Stone (software)
Rosetta Stone is proprietary computer-assisted language learning software developed by Rosetta Stone Inc. Both its title and logo refer to the Rosetta Stone, an artifact inscribed in multiple languages that helped Jean-François Champollion to decipher Ancient Egyptian hieroglyphs...
, American Public Education, Captivate Network and DoubleClick
DoubleClick
DoubleClick is a subsidiary of Google that develops and provides Internet ad serving services. Its clients include agencies, marketers and publishers who serve customers like Microsoft, General Motors, Coca-Cola, Motorola, L'Oréal, Palm, Inc., Apple Inc., Visa USA, Nike, Carlsberg among others...
.
External links
- ABS Capital Partners (company website)
- ABS Capital Partners. Business Week Profile.