Alta Ventures Mexico Strengthens Team; Michael J. Wolfgramm Joins as Managing Director

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Michael J. Wolfgramm joins Alta Ventures Team as Managing Director, bringing with him deep expertise in a wide range of areas, with special emphasis in high tech.

As a technology focused venture firm we have been searching for a world-class technologist to join our team

Alta Ventures Mexico (AVM) announced today the integration of Michael J. Wolfgramm as Managing Director, bringing with him deep expertise in a wide range of areas, with special emphasis in high tech.

“As a technology focused venture firm we have been searching for a world-class technologist to join our team, Mike has held key roles at leading technology companies like Ancestry.com, which he directed from early stage to a very successful billion-dollar IPO”, mentioned Paul Ahlstrom, founding partner of AVM.

Prior to joining Alta Ventures, Mike was the Chief Technology Officer at Ancestry.com. In this role, he was responsible for orchestrating the product development and delivery of the company’s global technologies and services including Ancestry.com, Genealogy.com, Rootsweb.com, MyFamily.com and Family Tree Maker.

In addition, Wolfgramm was responsible for the companies Web Operations, IT and IS organizations. Wolfgramm held multiple positions, including SVP of Engineering, VP of Development and Senior Director of Development since 1999.

Wolfgramm’s leadership at Orem-based Ancestry helped the company revolutionize web-based genealogy. His specific contributions helped the enterprise grow significantly resulting in an IPO in Nov 2009. Ancestry.com was recently purchased by Permira for $1.6 billion in December 2012.

Wolfgramm received several technology patents during his tenure at Ancestry.com and was named member of the vSpring Capital Top 100 Venture Entrepreneurs (v|100). Wolfgramm was also selected to serve on Microsoft’s “Technical Computing Executive Advisory Council” (TC EAC) which was composed of thirty-five distinguished researchers and leaders in Technical and High Performance Computing.

Previously Mike served as Director of Development and Senior Architect at Cambridge- based Open Market Inc., an innovator in electronic publishing and e-commerce where he managed the development efforts of the award winning infobase technology application reaching 35 million customers worldwide.

Wolfgramm served in senior development roles at a number of other successful technology and web-based businesses. He began his career at Wordperfect Corporation in Orem, UT. Mike holds a B.S. in Computer Science from Brigham Young University.

“Since joining Alta, Mike has already played a key due-diligence role in evaluating new investments as well as advising our existing portfolio companies on technology best practices”, said Rogelio de los Santos, founding partner of AVM.

About Alta Ventures Mexico
Alta Ventures Mexico is focused on accelerating innovation in Latin America. Alta provides early-stage venture capital to innovative entrepreneurs in high growth sectors including mobile, SaaS, IT, clean tech, healthcare, education, security and consumer sectors. Based in Monterrey Mexico, Alta Ventures focuses on Mexican and US companies with a Latin American strategy. The Alta team has deep operational and investment experience on both sides of the border and an extensive international business network. For more information please visit http://www.altaventures.com

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