The Georgia-based venture capital firm, Industrial Technology Ventures, L.P. (ITV), is sponsored by Cordova Ventures and HSB Engineering Finance Corporation. ITV invests in companies with proven management teams and proprietary technologies that can create significant bottom-line value in established industries. Cordova Ventures, also based in Georgia, invested in privately-held companies at varying stages of development, including start-up, early-stage, later-stage growth, and small to medium size buyouts. The firm focused on a wide variety of companies, with a concentration in information technology, communications, industrial technologies, healthcare services, telecommunications, financial services, and real estate development equity financing, primarily in the southeast.