Bessemer Venture Partners Appoints Gautam Prakash to General Partner; Enhances Firm's Focus On Business-to- Business and e-Health Investments.Business Editors WELLESLEY HILLS, Mass.--(BUSINESS WIRE)--May 15, 2000 Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. , the nation's oldest venture capital firm, today announced that Gautam Prakash has been named General Partner of the firm. Mr. Prakash is based in the firm's Wellesley Hills, Massachusetts investment office. Prakash, 30, has been with the firm since 1993, focusing on e-health and business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) E-commerce investments. His investments include SciQuest (Nasdaq: SQST); eSprocket; DentalXChange; TrainingNet; Traffic.com; GoToMyDoc.com; National Transportation Exchange (NTE (NT Embedded) See Windows XP Embedded. ); MedChannel; Xcelerate; and eMed Technologies. He serves on the board of directors of SciQuest and a number of privately-held companies. Prior to joining Bessemer, Prakash was a management consultant for McKinsey and Company, working primarily with companies in the medical and pharmaceutical fields. He is the author of "The Insider's Guide to Management Consulting," published by WetFeet Press. Targeted at undergraduate and graduate business students, the book is aimed at helping students better understand management consulting and secure a position in the field. "Gautam's background in healthcare and management is rare in the venture capital community, giving him a distinct edge in understanding the issues that e-health companies face," said Rob Soni, managing general partner in the firm's Wellesley Hills office. "This, combined with his ability to delve deep into issues with his portfolio companies' management teams, whether they be in the business-to-business realm or e-health market, make him a trusted advisor not just a venture capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. ." Prakash holds a B.S. in molecular biophysics and biochemistry and a B.A. in economics from Yale University. He is also a charter member of The Indus Entrepreneur (TiE), a national organization of South Asian entrepreneurs and service providers. About Bessemer Venture Partners Bessemer Venture Partners, with offices in California, Massachusetts and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , is the leading national, early-stage venture capital firm in communications technology and Internet infrastructure. The firm manages more than a billion dollars of venture funds, carrying on a tradition of hands-on, active venture investing venture investing The acquiring of a stake in a start-up company by a brokerage firm or analyst by obtaining discounted, pre-IPO shares. Critics claim venture investing causes analysts to have a vested interest in seeing a stock appreciate in value and so that has continued since 1911. Many of the most-trusted pioneers of the industrial Internet infrastructure, including VeriSign, Ciena, Mindspring, eToys, Keynote Systems, Register.com, Flycast, Tumbleweed tumbleweed, any of several plants, particularly abundant in prairie and steppe regions, that commonly break from their roots at maturity and, drying into a rounded tangle of light, stiff branches, roll before the wind, covering long distances and scattering seed as , e-Steel, Telocity, Verio, HotJobs.com, Veritas and SciQuest, partnered with BVP BVP bovine viral papillomatosis. during their early stages of development. For more information, visit www.bvp.com. (c)2000 Bessemer Venture Partners. All marks are trademarks or registered trademarks of their respective companies. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion