INVESTMENT CRITERIA

Miramar is seeking investments in technology companies with high growth potential in the following fields:

Storage Systems

  • Solid state drives
  • Memory
  • Storage clouds
  • Health vault
  • Portable medical records

Networking & Connectivity

  • Database security
  • WAN optimization
  • Wireless & wired data transmission
  • Telemedicine
  • Connected home & systems

Semiconductors & MEMS

  • Semiconductor design & fabrication
  • Wireless health
  • Cell processor
  • Biosensors
  • Climate and gas sensors

SaaS & the Internet

  • Monitoring systems & back-office software
  • Gaming middleware
  • New models for monetization of internet content
  • Energy usage and climate monitoring

We are looking for companies that are as market driven as they are technology driven, have proprietary and defensible technology positions yielding a competitive edge and barrier to entry, and are led by management teams with the experience, dedication and high sense of urgency to succeed at their endeavors.

We focus primarily on information technology companies in Southern California, from Santa Barbara to San Diego. We typically invest in early stage companies at first or second rounds of financing; however, we will also invest in expansion rounds where a company has satisfactorily demonstrated the viability of its business model or the commercialization of its technology. We will lead most new investments but will also seek and provide co-investment opportunities to team up with other venture capital firms and strategic investors who will contribute to the success of our portfolio companies.

Typically, we invest from $1 million to $2 million per round. On occasion, we will invest less than that to seed companies that fit our investment criteria and are led by founders with whom we have had prior successful experience.