Frank A. Adams is the Managing General Partner and founder of Grotech Ventures and its predecessors Grotech Partners and Grotech Capital Group, one of the oldest, largest, and most successful venture capital funds in the country focusing on the Southeast, Southwest and Mid-Atlantic regions. Under his leadership, Grotech has grown from $12 million in managed assets in 1984, to over $1.5 billion through 9 funds. He has been the principal architect of the Grotech structure, investment strategy, and portfolio management which has helped grow over 70 successful developing companies with market caps in excess of $15 billion. Since founding Grotech in 1984 the firm has expanded its operations from Maryland to offices in Virginia, North Carolina, and Colorado. Under Frank’s leadership, Grotech has invested in transforming technology companies such as LogRhythm, NexGen Storage, LivingSocial (now Groupon), Fieldglass, Broadsoft, United Biosource, Advertising.com, USI, DIGEX, Secure Computing, Verity, Interspec, Tessco, and CDNow. Mr. Adams has personally led, co-led, or collaborated in over 40 companies that have successfully completed public offerings or mergers. He has been a director of several private and public companies in the Grotech portfolio.
Prior to joining Grotech, he had hands-on operating experience with small and moderate-sized firms in start-up, rapid growth, turnaround, and international situations. He has held senior executive positions with NYSE/OTC public and private firms including PHH Group, Inc., RLC/Matlack, Inc., The Westinghouse Electric Corporation, and TMS, Inc.
Mr. Adams graduated from the University of Baltimore in 1967 and 1972 with a B.S. in Business Administration and a Juris Doctor degree, respectively, and has also successfully completed advanced management programs at Stanford University in Finance and The Harvard Business School in Information Technology.