Westcott LLC

Carl Westcott founded Westcott LLC in 1996 as an entrepreneurial private investment platform. Westcott LLC makes opportunistic investments across a broad array of industries and business models.

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Commodore Partners Ltd.

Founded in 2002, Commodore Partners is a Westcott-owned private equity firm that focuses on venture capital investments and the acquisition and development of real estate.

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Commodore Development LLC

Commodore Development LLC is a Westcott-owned development firm formed to develop the real estate assets of Commodore Partners and the Westcott family.

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Carl H. Westcott

Carl H. Westcott is Chairman of Westcott LLC and General Partner of Commodore Partners, Ltd., a real estate holding and development company.

In 1986, Mr. Westcott founded Westcott Communications. The company delivered education, training and information to various markets via interactive classrooms, private satellite television, and videotape. The company was sold in 1996 to KIII.

He founded First Extended Service Corporation in 1978, a processing firm for auto dealerships. FESC merged with AON Insurance Company in 2002.

He was a majority shareholder in Digital Witness which was formed in 2001 to develop and market video software solutions. The company was acquired by Westec Interactive Security, Inc. in November 2007.

He devotes much of his time to the Westcott Foundation. In 2003 Mr. Westcott received the Horatio Alger Award and was inducted as a Lifetime member of the Horatio Alger Association of Distinguished Americans.

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in the news

Memphis Meats’ Lab-Grown Meat Raises $17M With Help From Bill Gates And Richard Branson

In another recent leap for lab grown meat, clean meat company Memphis Meats announced that it completed a $17 million Series A fundraising round that was led by Draper Fisher Jurvetson (DFJ), a leading venture capital firm that has also invested in SpaceX, Twitter and Tesla. The round included a number of notable investors including Richard Branson, Bill Gates and Suzy and Jack Welch. The round was also supported by food industry leaders including farm-to-table founding father Kimbal Musk and agriculture company Cargill Inc., the largest privately held corporation in the United States whose last declared revenues ($136.7 billion) would rank it number 15 on the Fortune 500.

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‘Airbnb for boats’ startup Boatsetter buys competitor Boatbound

You don’t have to be rich or T-Pain to be “on a boat.” You can rent one plus a captain for the day from Boatsetter. And now it’s got boats in more than 300 locations around the U.S. since it just acquired rival maritime marketplace Boatbound.

Boatsetter will be taking select talent from Boatbound plus logistics tech and its inventory of vessels for rental. A source familiar with the transaction said the acquisition was paid for with Boatsetter stock valued in the low-millions range.

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Startup Restb.ai captures 1.2 million for international expansion

Barcelona, ​​May 15 (EFE) .- The Barcelona startup Restb.ai, specialized in artificial vision that monitors and describes images on the Internet with an accuracy of 99%, has raised 1.2 million euros of funding for the international expansion of its technology.

Restb.ai has completed its first round of investment of 1.2 million, with the participation of US investment fund Court Westcott LLC, the Madrid Capitana Venture Partners fund with Lanta Capital, Athos Capital and Tandem Capital all of them from Barcelona.

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Cisco acquires conversational AI startup MindMeld for $125 million

This morning Cisco announced that it is buying MindMeld for $125 million. Founded in 2011, MindMeld helps businesses to build conversational interfaces with cloud-based services.

MindMeld, originally called Expect Labs, was launched on the stage of TechCrunch Disrupt SF 2012. At that time the startup wanted to build an iPad app that could listen in on your conversations and provide relevant contextual information. Since then the company has expanded its offerings to include a suite of APIs for parsing, reasoning about and generating language.

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