Charles River Ventures Expands West Coast Presence With Addition of Two New Venture Partners; Executives Dave Newman and Warren Weiss Join CRV.Business Editors MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Oct. 1, 2001 Charles River Ventures (CRV CRV Curve CRV Crew Return Vehicle (NASA) CRV California Redemption Value CRV Cassa Di Risparmio Di Vignola (Italian bank) CRV Call Reference Value (telecommunications) ), one of the nation's leading early-stage venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] , today announced that Dave Newman, founder and vice president of engineering of Alidian Networks, and Warren Weiss, former president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Asera, have joined the firm as venture partners. Newman will focus on investments in the data communications sector. Weiss, who will work on a consulting basis, will focus on investments in the software and services sectors. Both are based in the firm's Menlo Park, California Menlo Park is a city in San Mateo County, California in the United States of America. It is located at latitude 37°29' North, longitude 122°9' East. Menlo Park had 30,785 inhabitants as of the 2000 U.S. Census. office. "Dave and Warren both have remarkably impressive operating backgrounds, which will be instrumental as they work with our West Coast team to identify the next technology leaders," said Bruce Sachs, general partner for Charles River Ventures. "CRV has built its reputation by understanding what it takes for early-stage companies to succeed. Dave and Warren have shown their exceptional talent for building successful companies many times over and we are pleased to welcome them to the team." Dave Newman has more than 20 years of operating experience, including 10+ years in engineering management. Most recently, Newman founded Alidian Networks and served as vice president of engineering, growing the company to more than 200 people. Prior to Alidian, Newman served as vice president of engineering for Rapid City, a gigabit ethernet switch company that was acquired by Bay Networks. He was also the vice president of engineering for the LAN Switching Division of FORE Systems, which was formed by the merger of Alantec and FORE Systems in 1996, and vice president of engineering for Protocol Engines. Additionally, Dave has held senior engineering positions with Digital Equipment Corporation, NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers Microelectronics and Fairchild Semiconductor. Newman earned a Ph.D. in electrical engineering from Colorado State University Colorado State University, at Fort Collins; land-grant with state and federal support; chartered 1870, opened 1879 as an agricultural college, assumed present name in 1957. There is a veterinary teaching hospital, an agricultural campus, and a research campus. , an M.S. in atomic and molecular physics from the University of Connecticut The University of Connecticut is the State of Connecticut's land-grant university. It was founded in 1881 and serves more than 27,000 students on its six campuses, including more than 9,000 graduate students in multiple programs. UConn's main campus is in Storrs, Connecticut. and a B.S. in physics from City College of New York “City College” redirects here. For other uses, see City College (disambiguation). CCNY was the first free public institution of higher education in the United States[3] . As a four-time president or CEO, Warren Weiss has more than 23 years of operating experience in the software and services industries. Weiss comes to CRV from Asera, a leader in business-to-business connectivity, where he served as president and CEO. Prior to Asera, as president and CEO of Prism Solutions, Weiss implemented Prism's strategic vision and corporate goals for data warehousing. Previously, he served as president and COO of SQRIBE Technologies as well as president and CEO of Strategic Mapping, Inc. In addition to his experience running technology companies, Weiss brings a wealth of experience in other operational roles. He served as vice president of worldwide sales and service for NEXT Software (which was sold to Apple Computer), vice president of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. sales and worldwide marketing for Continuum (now a subsidiary of Computer Sciences Corporation) and vice president and general manager for Dun & Bradstreet Software. Weiss holds a B.S. in criminology from Western Illinois University For another university which uses the abbreviation "WIU", see Webber International University Athletics
About Charles River Ventures Founded in 1970, Charles River Ventures (CRV) is one of the nation's oldest and most successful early-stage venture capital firms with $2 billion under management. CRV is dedicated to helping exceptional entrepreneurs turn their ideas into the next category leaders in the data communications and software & services sectors. To build these companies, CRV provides entrepreneurs with access to a unique combination of financial backing, start-up operations expertise and strategic business services. Over the past 10 years, CRV funds have been ranked among the industry's top performers. This superior investment record includes leading companies such as Cascade, Chipcom, CIENA, iBasis, Sonus Networks, SpeechWorks International and Vignette. CRV has offices in Boston, MA and Menlo Park, CA. For more information visit www.crv.com. Note: Charles River Ventures is a trademark of Charles River Ventures, Inc. Other company and product names may be service marks of the respective companies with which they are associated. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion