John Ward Joins Key Venture Partners as Managing Director.

WALTHAM, Mass. -- John Ward has joined Key Venture Partners (KVP) as Managing Director. In this position, Ward will help manage the firm, originate new deals and manage new investments. He will focus on investments within the IT and communications industries, as well as areas of their convergence.

"I am excited to be part of KVP. The firm's strategy--both stage and industry segments--is a logical fit with my experience and interests, and offers very favorable risk/reward characteristics for investors," said John Ward. "KVP's team oriented culture is attractive and an essential element in positioning the firm to compete favorably in today's crowded VC marketplace."

Ward brings 17 years of investment and operating experience to Key Venture Partners with a focus on communications, data services and information technology businesses. Previously, he was a General Partner at M/C Venture Partners where he was responsible for leading investments in the communications and IT industries. His investments and board level responsibilities included Fusepoint Managed Services, Vertical Communications, Intellireach, Nuvox Communications, Attenda Ltd., Hyperformix, and Securemedia. Prior to joining M/C Venture Partners, he was a Vice President at BancBoston Ventures where he had been focused on early stage venture capital investing in information technology, communications, and healthcare companies. Previously, Mr. Ward held operating roles at Fidelity Investments in sales and marketing, and spent five years as an officer with United States Naval Intelligence. Ward earned a B.A. from Middlebury College, an M.B.A from the Amos Tuck School at Dartmouth College, and an M.P.A from Kennedy School of Government at Harvard University.

"We are delighted to welcome John and know he will be an immediate contributor to the success of our current fund," said Ted Mocarski, Managing Director, Key Venture Partners. "John's track record as an investor is outstanding and his domain expertise is the perfect complement for Key. We have worked with his previous firm on a number of deals and know first-hand what a valuable asset he is."

About Key Venture Partners

Key Venture Partners (KVP) is a later-stage, growth-oriented venture capital firm investing in revenue generating companies with capital-efficient business models. Aligned with its industry expertise, the KVP team invests in communications, information technology (IT)-enabled services and software, aiming to unlock growth and value in the convergence of these sectors. KVP is committed to working closely with entrepreneurs to solve their business challenges and successfully guide companies through the complexities of the growth stage. KVP is based in Waltham, Massachusetts and has more than $150 million under management. www.keyvp.com