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.