SDL Ventures & SDL Capital

SDL Capital, LP is an investment firm founded in February 2003 by Dr. Donald R. Scifres, formerly the founder, CEO, and Chairman of SDL, Inc., a NASDAQ 100 company. Dr. Scifres partnered with Michael L. Foster, the former CFO at SDL, Inc., to create SDL Ventures, LLC and invest in technology start-ups. The strategy for SDL Ventures is to focus on early-stage investments offering clear technical differentiation and strong founder teams. During its initial years, SDL Ventures focused on investments involving optical technology and/or communications. The firm subsequently expanded into green tech, internet, and medical solutions. In recent years, most new investments have been in biotechnology and other healthcare solutions. SDL Ventures' initial investment is typically in the $500 thousand to $2 million range, reserving approximately three times that amount for future rounds. Since its inception, SDL Ventures has been involved in over one hundred financings in some thirty companies. SDL Ventures has been the lead investor for almost half of these companies.