Press Release |
Crosslink Capital Taps David Courtney as Chief Operating Officer
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http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130131:nBw316115a SAN FRANCISCO--(Business Wire)-- Crosslink Capital, a leading venture capital and growth equity firm, today announced that David Courtney has joined the firm as General Partner and Chief Operating Officer. His responsibilities include direct oversight of Operations, Finance, Compliance and Human Resources. He reports to Michael Stark, Founder and General Partner of Crosslink Capital, and is based in the firm`s San Francisco headquarters. "The Chief Operating Officer is an important component of our leadership team at Crosslink," said Mr. Stark. "We have known David for many years. He has exceptional operational and leadership skills, as well as a strong background in compliance that will further strengthen the team we have in place today." Prior to joining Crosslink Capital, Mr. Courtney served in several executive roles in the technology and digital media industry. Most recently, he served as Chief Executive Officer of JiWire, Inc., where he led the company through a period of rapid growth and oversaw its entry into new markets. Prior to JiWire, Mr. Courtney served as President and COO of Adify Corp. and as CFO and Board Member of TiVo (Nasdaq: TIVO). In both of those roles, he had responsibility for operations, accounting and reporting, finance and planning, investor relations, human resources, as well as all legal activities. In addition to his role with the TiVo Board of Directors, he has previously served on the Boards of numerous public and private technology companies, often as the head of the audit committee. Mr. Courtney is also a veteran of the financial services industry. Most recently, he served as an Executive-in-Residence at Venrock, assisting the venture capital firm with its portfolio companies and assessing needs for both people and funding. He also has over 15 years of experience in investment banking at JP Morgan and Goldman Sachs. Mr. Courtney holds a B.A. degree from Dartmouth College, and an M.B.A. from Stanford University. "I first met Crosslink Capital when the firm became a value added investor in TiVo about 10 years ago," noted Mr. Courtney. "I have always had great respect for their process and integrity. I am excited to join their team and help them address the operational needs of a growing investment firm. I am particularly excited to be able to do this for one that invests in both public and private companies, as the needs can vary." About Crosslink Capital Crosslink Capital is a leading stage-independent venture capital and growth equity firm with over $1.6 billion in assets. Crosslink, which traces its roots back to 1989, was among the first and largest investment firms in the U.S. to integrate public and private growth/technology investing in three families of funds: venture capital funds, long/short hedge funds and a unique hybrid crossover fund. This strategy allows Crosslink to partner with its portfolio companies on a long-term basis. With more than 20 years behind it, Crosslink Capital has invested in over 100 private equity portfolio companies, at the early, mid, and late stages including Pandora (NYSE: P), Ancestry.com (NASDAQ: ACOM), Omniture (acquired by Adobe Systems), Equinix (NASDAQ:EQIX), Carbonite (NASDAQ: CARB), SeaMicro (acquired by Advanced Micro Devices), Intematix, DataStax and Bleacher Report (acquired by Time Warner, Inc.). For more information on Crosslink, visit http://www.crosslinkcapital.com Water & Wall Group Andrew Healy, 212-699-3671 firstname.lastname@example.org Copyright Business Wire 2013