OpenView Venture Partners Expanding, Hires Adam Marcus

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OpenView Venture Partners welcomes Adam Marcus to the firm effective September 8th, 2009.

I look forward to working with the team and providing operational value to the portfolio.

OpenView Venture Partners welcomes Adam Marcus to the firm effective September 8th, 2009.

Adam will join as a Principal and focus on investing in and building companies in several sectors, including software, digital media and technology enabled businesses. "For the past 10 years I have worked at high growth companies and invested alongside entrepreneurs. I am excited to join OpenView and continue to pursue my passion for working with exceptional entrepreneurs and building world class companies. I am enthused by OpenView's business model, particularly OpenView Labs," said Adam Marcus. "I look forward to working with the team and providing operational value to the portfolio."

Prior to joining OpenView, Adam worked as a Senior Associate at Battery Ventures focusing on investments in marketing services, fintech, and digital media. Prior to Battery, Adam was Director of Corporate Development for The Boston Celtics, where he led strategic initiatives for the team. He also worked at Lycos (sold to Telefonica), where he was responsible for M&A, private equity and joint venture investment within North America, Europe and Asia. Earlier in his career, Adam worked in Business Development at Gamesville.com (sold to Lycos) and at Tripod.com, which was an early innovator in the online community space (sold to Lycos).

"Adam is a perfect fit with our team," said Scott Maxwell, Senior Managing Director of OpenView Venture Partners. "His operating experience will be valuable to our portfolio companies and he has a real appreciation for the issues faced by entrepreneurs...perhaps most importantly, he is a great guy and has a real passion for providing meaningful assistance to the companies that we invest in."

At Battery, Adam was on the Board of J. Hilburn and MoreMagic, a Board Observer at Exact Target and The NewsMarket, and was actively involved with Cortera.

Adam earned a BA in Psychology and Spanish from Franklin and Marshall College and an MBA from the Tuck School of Business at Dartmouth.

At OpenView, Adam will be an integral member of the firm's investment team and will be working closely with its portfolio companies.

To learn more about OpenView, visit http://www.openviewpartners.com.

Contact: Kellie Stacey | 617-478-0911 | kstacey (at) openviewlabs.com

About OpenView Venture Partners:
OpenView Venture Partners (http://www.openviewpartners.com) is an expansion stage venture capital firm with a focus on high-growth software, internet, and technology-enabled companies. Through its staff of seasoned operating executives and consultants, OpenView works with its portfolio companies to help them achieve their goals. The firm was founded in 2006 and closed its second fund in 2009, encompassing roughly $130 million in committed capital. OpenView Venture Partners is based in Boston and invests on a worldwide basis.

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Kellie Stacey
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