Menlo Park, CA (PRWEB) October 20, 2008
Canaan Partners, a multibillion-dollar global venture capital firm, today announced it is a partner and sponsor of the upcoming 2008 Pop!Tech Scarcity and Abundance Conference that will be held Oct. 22-25, 2008 in Camden, ME. The annual Pop!Tech Conference seeks to accelerate the positive impact of world-changing people and ideas and to create a better world by fostering visionary conversations about science, technology and the future of ideas. John Balen, a general partner at Canaan, will present to budding entrepreneurs and innovators at the conference looking for guidance on how to build and grow transformative companies and programs.
"We're excited to be the exclusive venture capital firm partnering with the Pop!Tech Institute on their 2008 conference and Social Innovation Fellows Program," said Balen. "Like Pop!Tech, Canaan also focuses on helping next generation social entrepreneurs in science and technology bring their plans to reality. We work to uncover and develop revolutionary technology and scientific ideas and are thrilled to sponsor an event that shares our focus and brings together such a remarkable group of leaders, scientists and visionaries."
The Pop!Tech Conference will showcase the 2008 Social Innovation Fellows, a group of visionary entrepreneurs and leaders incubating breakthrough approaches to the world's most pressing social, economic and environmental challenges. At the conference, Balen will lead a session in the Fellows Program focused on the transformational tools, real-world insights and operational guidance needed to turn ideas into valuable and important companies.
About Canaan Partners
Canaan Partners invests in visionary entrepreneurs and provides them the networks, insights and operational guidance required to build high-performance technology and healthcare companies. For 20 years, they have taken an active and committed role in the companies in which they invest, and have completed more than 69 mergers and acquisitions and 53 IPOs. With $3 billion under management and a worldwide footprint, the firm's technology team is committed to catalyzing the growth of innovative companies in the digital media, communications & mobility, enterprise and clean tech industries. Among its successes are DoubleClick, the leading online advertising solution, Match.com, the most popular online dating site in the world, CommerceOne, the company that pioneered B2B ecommerce; Capstone Turbine, first to market and world's leading producer of commercially viable microturbine energy products; and VOIP equipment supplier Acme Packet, which was one of the top ten performing tech IPOs of 2006. Other Canaan technology investments include Active Networks, BharatMatrimony, Blurb, Cortina, GroundWorks, ID Analytics, Tremor Media and SuccessFactors. Canaan has offices in California, Connecticut, India and Israel. For more information visit: http://www.canaan.com.
Phone (510) 649-1390
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