Description Founded in 1981 by former electrical engineers L. J. Sevin and Benjamin Rosen (the former chairman of Compaq Computer), Sevin Rosen Funds invests in early-stage companies. It targets Internet, media, software, technology and communications infrastructure, energy and materials, and technology-related health care industries. The firm, which has offices in Texas and the Silicon Valley, typically provides up to $15 million in start-up capital. The company has helped build tech powerhouses such as Compaq, Cisco Systems, Intel, Hewlett-Packard, Lotus, and National Semiconductor. Current portfolio holdings include InfoNow, Cytokinetics, and Ceterus Networks. It sold Wi-Fi service provider Wayport to AT&T in 2008.