# Alliance Technology Ventures

Alliance Technology Ventures is a Venture Capital based in Atlanta, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** Atlanta, GA, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** ats.biz

## Regulatory record

- **Reports private funds:** No

## About

Alliance Technology Ventures is a venture capital firm investing in private companies in semiconductor, communication component, and life science industries. The firm has made 81 investments, including a 2015 investment in KineMed. Portfolio exits include 21 companies, with Bay Microsystems exiting in 2018.

## Sectors

- Enterprise Software
- Industrial Tech
- Digital Health
- AI/ML

## People

- Michael Henos — Managing General Partner
- Stephen Fleming — Managing Director

## Questions

### Who founded Alliance Technology Ventures, and what was the original thesis?

Stephen Fleming and Michael Henos founded ATV in 1999. Fleming had previously led Georgia Tech's technology transfer office, and that direct pipeline into faculty research became the firm's founding edge — commercializing university intellectual property in enterprise software, industrial technology, and life sciences before those spinouts reached the broader venture market.

### Does ATV focus exclusively on Georgia Tech spinouts?

No. Georgia Tech formed the firm's initial sourcing core, but ATV also reviewed deals from other southeastern research universities and selectively from mid-Atlantic and Midwest institutions. The unifying filter was deep technical provenance, not a single-campus mandate.

### How large were ATV's funds?

ATV's second fund closed in 2001 at roughly $100 million, as reported by the Atlanta Business Chronicle. The firm has not publicly disclosed a more recent fund close or current assets under management.

### Is Alliance Technology Ventures still actively investing?

There is no public record of a recent fund close or new investment activity. The firm's website (ats.biz) remains registered, but its current posture — whether actively deploying capital, managing legacy positions, or operating in a reduced capacity — is not disclosed.

## Related profiles

- [Daman Investments](https://altss.com/profile/daman-investments)
- [Alliance Venture Management](https://altss.com/profile/alliance-venture-management)

---

Last updated: 2026-06-28T01:55:13.873Z

Canonical page: https://altss.com/profile/alliance-technology-ventures

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology