

The world is globalizing. Our team has spent over a decade vetting, building and investing in communications and technology-enabled service companies that transcend borders and transform markets. Several fundamental, long-term business and technology trends are enabling these new opportunities in communications and technology-enabled services.
The Internet and breakthroughs in wireless communications are a catalyst. The advent of 3G, Wi-Fi, and the mobility of wireless applications are propelling markets forward at an unprecedented pace. What was once an expensive telephone call between Shanghai and New York is now a free call using Internet Messaging. Multimedia content is as pervasive on the cellular phone as it is on a television network.
The market for technology services, over $2 trillion annually in the US, is growing twice as fast as the overall economy. The highest growth segment is services that scale through the use of information technology. Few venture firms today have a focused strategy and a deep network in this sector. Many of those that do are later-stage, multi-billion dollar funds. Richmond Management's venture capital approach fills a vacuum for investment in these opportunities. We have assessed thousands of companies in the communications and technology-enabled services sector and have developed unique expertise and resources to differentiate the critical factors of success and failure.