Redwood Shores, CA (PRWEB) September 14, 2009
Gabriel Venture Partners (http://www.gabrielvp.com/index.htm), an early-stage venture capital firm that invests in capital-efficient disruptive companies, today announced that Scott Chou has been promoted to Managing Director. Chou joined Gabriel in 2000, a year after the firm was founded, and has contributed his deep technology and investment expertise to help grow the firm from the ground-up.
During his nine years at Gabriel, Chou has invested nearly $45M into many leading disruptive technology companies. Two of Chou's investments, STEP Labs and NextG Networks, were recently acquired - bringing Chou's total realizations to date at Gabriel to over $60M. Chou heads the disruptive technology practice at Gabriel, where he has led investment syndicates in companies such as Boston-Power and SkyCross, both of which are on growth trajectories towards near-term public offerings.
"Scott has been an integral part of Gabriel's success almost since day one, and his focus on laboratory spinouts and leveraging connections in China for capital-efficient growth has not only differentiated him within a crowded venture community, but has enabled him to achieve profitability during one of the toughest periods for venture capital," said Rick Bolander, Managing Director and Co-Founder of Gabriel Venture Partners. "We're honored to promote Scott from Partner to Managing Director, and look forward to working hand-in-hand with him to identify, invest in, and nurture the next generation of technology and cleantech market leaders."
"I witnessed the tail end of the roaring 90s as a Kauffman Fellow, so when I started at Gabriel in early 2000, I thought it would take less than two years to generate exits that surpassed invested capital. Instead, the entire venture industry has weathered both the dot-com bust and the great recession, but I was still able to achieve the major career milestone of generating positive returns on my invested capital," said Chou. "As I look at my remaining portfolio companies just in Gabriel's 2001 fund, I'm bullish on exceeding the $100M threshold in realization -- which would be a good result for a smaller fund like ours during any year -- but especially for a 2001 vintage fund."
Chou's investment approach centers on proactively managing relationships with universities, as well as corporate and government labs, to identify groundbreaking innovations with enormous market potential. Chou has successfully led Gabriel's efforts in funding paradigm-shifting innovations such as distributed antenna systems, zero-power color displays, solid-state lighting, embeddable antennas, lithium ion batteries, tunable filters, noise-cancellation software, and perpetual cloud computing.
Prior to joining Gabriel, Chou participated in the Kauffman Fellows Program, a prestigious fellowship in venture capital awarded annually to a select number of recipients. Chou is also the author of Maxims, Morals, and Metaphors: A Primer on Venture Capital, a popular book used in teaching the art of venture capital.
Earlier in his career, Chou founded and worked at a succession of at six startup technology ventures including Memory Card Associates, a systems integration firm he founded focused on portable computing; Poqet Computer, a pioneer in tablet computing; and Integrated Computing Engines (ICE), a venture-backed spinout from MIT Lincoln Labs where he was the Founding Manager of the engineering and manufacturing organizations. Chou joined his first startup as a software developer while still in high school, helping build a small business accounting package. He has also worked at Bellcore, where he conducted fundamental research in broadband packet switching, and at IBM, where he received an Outstanding Technical Achievement Award for his design work in enterprise storage systems. Chou received Master's degrees from Harvard and Stanford, and a Bachelor's with honors in Electrical Engineering from Caltech.
About Gabriel Venture Partners
Gabriel Venture Partners® is an early-stage venture capital firm committed to fostering innovation by actively assisting entrepreneurs in technology and technology-enabled businesses. Gabriel seeks investment opportunities in capital-efficient disruptive companies with the potential to become market leaders in the fields of digital media, mobile, enterprise, and cleantech. Gabriel is based in Silicon Valley and has over $260 million under management. Gabriel's investment team consists of seasoned technology entrepreneurs and industry executives, each with international operating experience and strong domain expertise. Current investments include many market-leading companies, including Chegg, Aurora BioFuels, Boston-Power, PlantSense, and SkyCross. Some of Gabriel's successful exits include Placeware (acquired by Microsoft), NetScaler (acquired by Citrix), Iridigm (acquired by Qualcomm), and Neopath (acquired by Cisco). For more information on Gabriel, visit http://www.GabrielVP.com.
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