Venture Capitalists Look for the Next Cisco Among a Tight Group Including TimeSight Systems

TimeSight Systems,
Mount Laurel, N.J. (Founded: 2004)

New Venture Partners teamed up with Jumpstart New Jersey Angel Group for a $4.5 million round to back this maker of storage management equipment designed to make high-resolution video surveillance affordable. The product can store an image over its useful life at the appropriate clarity and frame rate while continually lowering the size and cost of storing images.

~WSJ Blogs

In the aftermath of the Dow Jones Industrial Average collapse during the "black week" of October 6, 2008, venture capital investing slowed dramatically. Cautious investors chose to withhold money until solid, viable companies crossed their thresholds. In the 30 days after the DOW's tumble, 18 companies secured first-round funding. Deemed worthy, these diverse companies perhaps hold the potential to become a shooting star like Cisco – which in 1987 raised capital, after the market crash, and continued to grow dramatically.

A complete list of the 18 companies
receiving first-time funding