DFJ New England Signs On Industry Veterans to Lead Fund's Growth.Business Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--July 11, 2000 Cambridge Incubator and Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. Partnership Enhances Executive Team; Brings Todd Hixon and Peter Crisp Peter Crisp (born 22 May, 1954) is an Australian politician and member of the Victorian Legislative Assembly since 2006. He was formerly a Wentworth Shire Councillor. on Board DFJ DFJ Dysfunkshun Junkshun (Austin, Texas band) New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. (DFJNE) today announced that Todd Hixon, a senior vice president with The Boston Consulting Group (BCG BCG bacille Calmette-Guérin. BCG abbr. 1. bacillus Calmette-Guérin 2. ballistocardiogram BCG, n.pr See bacille Calmette-Guórin. ), has agreed to join the Fund as managing director. In addition, Peter Crisp, a veteran in the technology industry and director of Venrock, Inc., as senior advisor In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor. . The two join a team of seasoned business professionals who will lead the growth of the recently launched DFJ New England Fund, a venture fund that combines the acceleration services See Web page acceleration. of Cambridge Incubator and the global network of the West Coast venture capital firm Draper Fisher Jurvetson (DFJ). Todd Hixon is an experienced venture investor, and a 24-year veteran of providing strategic advice to leading technology companies worldwide. He brings a strong investment track record from BCG, where he was co-founder of their "e-Ventures" global venture capital group. Before that, he founded and grew BCG's highly regarded Technology and Communications practice to over $100 million in global revenue. Hixon is a graduate of Princeton University Princeton University, at Princeton, N.J.; coeducational; chartered 1746, opened 1747, rechartered 1748, called the College of New Jersey until 1896. Schools and Research Facilities and Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . Peter Crisp is a founding partner of Venrock Associates and vice chairman of Rockefeller Financial Services, Inc. He currently serves on the boards of numerous for-profit and nonprofit organizations and holds corporate directorships at several leading U.S. corporations, including U.S. Trust Corporation and American Superconductor Corporation. Crisp is a graduate of Yale University and Harvard Business School. "Both Peter and Todd bring decades of invaluable experience, a wealth of established industry contacts and a proven record of success to the management of the DFJ New England Fund," said Scott Johnson, managing director of DFJ New England. "Their combined expertise will be essential in identifying promising investment opportunities and growing them into large, profitable enterprises." "I am thrilled to take a key role with the DFJ New England Fund and extend my involvement with Cambridge Incubator," said Hixon. "The quality of the Fund's management team, and the extensive capabilities of our partners, DFJ and Cambridge Incubator, promise to offer emerging companies a unique combination of capital and strategic guidance to support the rapid growth of their businesses." About DFJ New England Launched in May in partnership with Draper Fisher Jurvetson and Cambridge Incubator, DFJ New England Fund offers a powerful combination of experienced, hands-on early-stage investment management, and access to DFJ's expanding global network and Cambridge Incubator's acceleration services. Please visit the Fund's website at www.dfjne.com. About Cambridge Incubator Based in Cambridge, MA, Cambridge Incubator has pioneered Active Incubation, a new business model that creates successful e-businesses in record time, bringing together an unprecedented level of collaboration, applied industry experience and capital. Through its unique Venture Campus environment, Cambridge Incubator helps emerging e-businesses develop and execute winning strategies to rapidly navigate the course from idea inception to market success. A partial list of Cambridge Incubator's member companies includes: BrandStamp, Peoplestreet, Veritas Medicine and Secure Sponsorship. Visit www.cambridgeincubator.com for more information. About Draper Fisher Jurvetson Draper Fisher Jurvetson, is the leading early stage information technology venture capital firm. Headquartered in Redwood City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000. , Draper Fisher Jurvetson manages over $1 billion in committed capital and has developed a large network of highly successful Internet portfolio companies including Digital Impact, FogDog fog·dog n. A bright or clear spot that appears in breaking fog. [From the fact that it accompanies fog as a dog accompanies its owner.] , Wit Capital, GoTo.com, Tumbleweed Communications, Kana Communications and NetZero. Draper Fisher Jurvetson pursues a people/market/technology approach to venture capital investing, funding entrepreneurs with the energy, vision, experience and desire to build great companies. For more information about Draper Fisher Jurvetson see www.dfj.com. |
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