Buerk Dale Victor Renamed Montlake Capital

Seattle-based venture capital and private equity firm Buerk Dale Victor announced today it has changed its name to Montlake Capital. The new name recognizes the firm’s evolution from a local partnership (founded in 1999) to a regional investment team with partners in Washington, Oregon, Montana, and Idaho. Montlake Capital has $100 million under management, and says in 2010 it will invest in and seek partner companies with revenues between $2-20 million. The firm previously backed Halosource, the Bothell, WA-based water purification company that raised $10 million last week.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.