We anticipate that Tom, with his deep knowledge of the wireless industry, will bring additional access to early-stage deal flow in the Pacific Northwest, while Keith, with his outstanding entrepreneurial career and long history of business leadership, will help support our CEOs as they grow their companies.
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Seattle, WA (PRWEB) March 9, 2007
Voyager Capital, a leading information technology venture firm, today announced that Tom Huseby and Keith Krach have joined Voyager as strategic partners. Voyager invests in early and growth-stage software, wireless and digital media companies in the Pacific Northwest and California, and provides team-building and go-to-market resources that accelerate emerging companies into market leaders.
"With their excellent experience in selecting, building, and supporting a number of successful technology companies in the past two decades, Tom and Keith will offer invaluable insight in two of our key areas of focus: investing in the wireless sector and developing high-performance teams," said Bill McAleer, a Managing Director with Voyager Capital. "We anticipate that Tom, with his deep knowledge of the wireless industry, will bring additional access to early-stage deal flow in the Pacific Northwest, while Keith, with his outstanding entrepreneurial career and long history of business leadership, will help support our CEOs as they grow their companies."
Tom Huseby will spend a portion of his time assisting Voyager's Seattle investment team and Jodi Sherman Jahic in Silicon Valley with the firm's wireless efforts. Huseby's career spans three decades of venture, entrepreneurial, and executive leadership. In 1997, he formed SeaPoint Ventures, a leading investor in wireless, broadband and network infrastructure companies. Huseby will continue his role as Managing Partner at SeaPoint Ventures and his existing relationships with Oak Investment Partners and Hunt Ventures. Successful investments have included Airspan, Internap, Qpass and Tegic Communications. Huseby co-founded and was the first CEO of Metawave Communications Corp. and was the initial President and CEO of Innova Corp. He spent the first 17 years of his career at Raychem Corp. where he held a variety of executive positions. He has served as chairman of 12 companies and on 22 boards. Huseby has a Bachelor's degree in Economics and a BSIE from Columbia University and an M.B.A. from Stanford University.
"The West Coast continues to be a hotbed of wireless technology evolution and mobile applications innovation. I am looking forward to helping Voyager identify the most promising early-stage wireless and mobile companies," said Tom Huseby, Strategic Partner at Voyager Capital.
Prior to joining Voyager Capital as a Strategic Partner, Keith Krach served on Voyager's Advisory Board. Krach co-founded Ariba Inc. in 1996, where he was Chairman for seven years and CEO for the first five years. Under his leadership, Ariba grew rapidly to become the dominant global player in the B2B e-commerce industry. Prior to Ariba, Krach spent ten years with General Motors, becoming the company's youngest Vice President, and also served as COO of Rasna Corp., a fast-growing software company that was sold in 1995 for $500 million. Krach was the first Entrepreneur-in-Residence at Benchmark Capital and was named National Entrepreneur of the Year by Ernst & Young in 2000. Krach earned his B.S. degree in industrial engineering from Purdue University and an M.B.A. from Harvard University.
"Voyager has a compelling approach to adding value with the entrepreneurs that they back, and I am thrilled to offer my expertise to their portfolio of fast-growing companies," said Keith Krach, Strategic Partner at Voyager Capital. "I look forward to working directly with the CEOs of Voyager's portfolio to help them build world-class businesses."
About Voyager Capital
Voyager Capital is a leading Pacific Northwest information technology capital firm, providing entrepreneurs with the resources, experience, and connections to build successful companies. Voyager invests in early and growth stage business software and services, wireless and digital media companies, where the firm's domain expertise and go-to-market resources help build market leaders. Four of the firm's companies were recently named to Deloitte's Technology Fast 50 List for the Pacific Northwest. Voyager Capital has offices in Seattle, WA and on Sand Hill Road in Menlo Park, CA. For more information, visit Voyager's web site at http://www.voyagercapital.com or telephone (206) 438-1800.