BNET Industries

Charles River Ventures Inc.

is in the Financial Services Industry

Last Fiscal Year Sales:$37.5M
  • Private
  • US
Dow Jones Description

Founded in 1970, Charles River Ventures is one of the oldest and most successful venture capital firms. Companies like Cascade, CIENA, Chipcom, NetGenesis, Parametric Technology, Sonus, Speechworks, Stratus Computer, Sybase, Vignette and dozens more have gone from idea to reality with the financial, managerial and visionary backing of CRV. The firm's investment returns are consistently among the highest of venture capital firms, giving us one of the best track records in the industry. Charles River Ventures takes a value-add approach to early-stage investing, providing entrepreneurs with access to more than just financial backing. Through combined access to financial capital, the right people and the right resources, CRV helps talented entrepreneurs turn innovative ideas into the category-leading companies. The CRV partner who manages an investment is not just an expert in finance, but rather possesses deep operational experience in his investing sector. As former company founders, CEOs and senior executives of emerging companies, we know what it takes to build successful companies - because we've been there. Our hands-on approach to investing draws on the collective expertise of our partnership as well as our extensive network of contacts, built over 30 years, that we continually put to use for the entrepreneurs we back. This network assures that CRV-backed entrepreneurs get in front of the right people to achieve success - whether the issue is winning the first reference...

Number of Employees 34
Contact Information

1000 Winter St Ste 3300

Waltham, Massachusetts 02451

www.crv.com

1 781 768 6000

NAICS Code Miscellaneous Intermediation: 523910

Recent Events

  • Online marketplace Glyde launches with $6M

    11/16/09 - New Venture Funded Investment - View Story

  • Nothing Ventured, Nothing Gained for New Top Lawyer at Charles River Ventures

    10/30/09 - Mgmt. Change Entering - Other - View Story

  • Heartland Robotics, Inc.: Heartland Robotics Closes $7 Million in Series A-1 Funding

    9/08/09 - New Venture Funded Investment - View Story

  • FGPA startup stops operations, seeks buyer

    7/06/09 - New Venture Funded Investment - View Story

  • Fremont, California \ June 17, 2009 \ Silicon Clocks, a leader in integrated timing solutions...

    6/18/09 - New Venture Funded Investment - View Story

News & Analysis

charles river ventures inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Austin Westerling Partner
Chris Baldwin Partner
George Zachary General Partner
Izhar Armony Partner
Karen Mullen-Dunton Limited Partner
Mike Zak Partner
Rick Burnes General Partner
Ted R. Dintersmith Partner
William P. Tai General Partner
Charles George Zachary
Claudean Ouellette Executive Assistant
Doug Laird Executive
Sarah Reed General Counsel
Susan Wu
Tom Mohr Executive
Vita Spakevicius Analyst

Board of Directors

Name (plus bio) Position
Dave Power board member

Organization Position Status
Aveksa Partner, Charles River Ventures Current
Charles River Ventures, Inc. Partner Current
Secure Software, Inc. Director Current
Joule Junction, LLC Board of Directors Current
Eons Director Current
Enterprisedb Corporation Director Current
Mochila Inc Director Current
Aveksa Director Current
Trusted Network Technologies, Inc. Director Current
The Boston Consulting Group, Inc. Advisor Former
Computer Resource Visions Inc. Former
Yale University BA Former

Organization Position Status
Charles River Ventures, Inc. Partner Current
Acopia Networks, Inc. Director Current
Revivio, Inc. Director Current
EqualLogic Director Current
Argon Networks vice president of marketing Former
Pirus Networks Director Former
Digital Equipment Corporation designed three generations of fiber optic communications equipment Former
Polaroid Corporation technical research staff Former
Chipcom Corporation ATM technology marketing Former
University of Rochester MS in Optical Physics Former
University of Rochester AB in Electrical Engineering Former

George Zachary joined Charles River Ventures in 2004. He brings more than 17 years of operating and investing experience in computing and consumer technology. George's focus is on building great services and software technology companies. George led CRV's investments in cRight and GoTV, and is on the board of directors at both companies. Previously, he was a general partner at Mohr Davidow Ventures (MDV). His directorships included: Accrue Software (Nasdaq:ACRU), Andale, Critical Path (Nasdaq: CPTH), Ovation Entertainment, Sandcastle (acquired by Adobe, Nasdaq:ADBE), Securify (acquired by Kroll-O'Gara, Nasdaq: KROG), Shutterfly, Supertracks (acquired by Centerspan) and Telebot (acquired by Z-Tel, Nasdaq: ZTEL). Prior to MDV, George led the Nintendo 64 development business at Silicon Graphics, managed sales and marketing for virtual reality pioneer VPL Research, and served as a product marketeer at CATS Software. He is a board advisor at the MIT Sloan School of Business and Stanford BASES. He is also an advisor to X PRIZE. George earned a joint BS from MIT and MIT Sloan School of Business.

Organization Position Status
Svod Partner, Charles River Ventures Current
Charles River Ventures, Inc. General Partner Current
MIT Sloan School of Management Advisor Current
Strategic News Service LLC Current
Areae, Inc. Board of Directors Current
Millennial Media, Inc. Board of Directors Current
Odeo, Inc. Board Member Current
Metaplace, Inc. Board of Directors Current
Yammer Inc. Board Member Current
Mohr, Davidow Ventures General Partner Former
Silicon Graphics, Inc. led the Nintendo 64 development business Former
Securify, Inc. Director Former
Critical Path, Inc. board director Former
Andale Inc. Director Former
ShutterFly.com Director Former
Ovation Entertainment Director Former
Odeo, Inc. Investor Former
MIT Sloan School of Management joint BS Former
Massachusetts Institute of Technology joint BS Former

Izhar joined Charles River Ventures in 1997. His investment focus is on the enterprise software and services areas. In addition to Optaros, he is currently a director of iPhrase, July Systems, Proficiency, ThinkFire, ThinQ and Virtusa. He is also a member of the Advisory Board of the Invention Science Fund. Previously, he served as a director of Guardent (acquired by VeriSign, Nasdaq: VRSN), iBasis (IPO in 1999, OTC:IBAS), Yantra (acquired by Sterling Commerce), Global Food Exchange (acquired by Instill Corporation), and Celarix (acquired by GXS). He also invested in Oberon, which was acquired by OnDisplay (then Nasdaq:ONDS). Prior to joining Charles River Ventures, Izhar was with Onyx Interactive, an interactive training company based in Tel Aviv where he served as vice president of marketing and business development. Izhar also served as an officer in the Israeli Army for four years prior to Onyx. Izhar earned an MBA from the Wharton School at the University of Pennsylvania and an MA in Cognitive Psychology from the University of Tel Aviv in Israel.

Organization Position Status
Optaros, Inc. Partner, Charles River Ventures Current
Charles River Ventures, Inc. Partner Current
Iskoot, Inc Board of Directors Current
Mobeus Director Current
Busradio Director Current
Optaros, Inc. Director Current
Gridstone Research, Inc. Board of Directors Current
Yantra Corporation Director Current
Thinq, Inc Director Current
July Systems Inc. Board of Directors Current
Proficiency, Inc. Director Current
Technology Providers - Virtusa, Corp Board of Directors Current
iBasis, Inc. Director Former
Guardent, Inc. Director Former
University of Tel Aviv MA In Cognitive Psychology Former
Wharton Graduate School of the University of Pennsylvania MBA Former

Organization Position Status
Charles River Ventures, Inc. Limited Partner Current

Organization Position Status
Charles River Ventures, Inc. Partner Current
Reva Systems Corp Principal Sponsor for Investments Current
Verenium Corporation - Specialty Enzymes Director of the Board Current
Rive Technology, Inc Board of Directors Current
Emerson Hospital Vice Chair Current
Brix Networks, Inc. Board of Directors Current
Brix Networks, Inc. Investor Current
Crossbeam Systems, Inc. Investor Current
Charles River Ventures, Inc. Vice President Former
Concord Communications, Inc. Vice President Former
Charles River Ventures, Inc. Co-Founder Former
Concord Communications, Inc. Co-Founder Former
McKinsey & Company, Inc. NA Former
Motorola, Inc. NA Former
United States Marine Corps *active duty Former
Celunol Corp. Director Former
On Technology Corporation Investor Former
Broadbus Co Investor Former
Cport.Com, LLC Investor Former
SpeechWorks Investor Former
Sonus Networks Inc. Investor Former
Concord Communications, Inc. Investor Former
Ciena Corporation Investor Former
Harvard Business School graduate Former

Organization Position Status
Earthwatch Co-Founder of Charles River Ventures Current
Passport Corporation Co-Founder of Charles River Ventures Current
Massachusetts Ocean Partnership Co-Founder, Partner, Charles River Ventures Current
Dynomedia Co-Founder and Partner at Charles River Ventures Current
Mop's Five Co-Founder, Partner, Charles River Ventures Current
Charles River Ventures, Inc. General Partner Current
Entrepreneurs Foundation of New England Chairman, Charles River Ventures Current
Inteq Director Current
SpeechWorks Director Current
Museum of Science Board of Directors Current
Dynomedia Board of Directors Current
Earthwatch Board of Directors Current
Concord Communications, Inc. Director Current
Science Museum Board of Directors Current
Goldberg Seminars Board of Directors Current
Passport Corporation Board of Directors Current
John Laware Leadership Forums Board of Directors Current
Museum of Science Trustee Current
Charles River Ventures, Inc. Co-Founder Former
Epoch Systems Investor Former
Sonus Networks Inc. Investor Former
Chipcom Corporation Investor Former
Concord Communications, Inc. Investor Former
Boston University MBA Degree Former
Harvard College BA Degree In History Former
Harvard University B.A. Degree Former

Organization Position Status
Charles River Ventures, Inc. Partner Current
Nantucket Conference Current
Homez, Inc. Board Member Current
Bowstreet, Inc. Director Current
Compete, Inc. Director Current
Analog Devices, Inc. General Manager Former
Ximian Investor Former
Venetica Corporation Investor Former
Vignette Corporation Investor Former
Ibis Technology Corporation Investor Former
NetGenesis Investor Former
Stanford University Ph.D. In Engineering Former
College of William & Mary graduate in Physics and English Former

Organization Position Status
Institutional Venture Partners Managing Director Current
Tradebeam, Inc. Founder Current
Silicon Clocks, Inc. Partner, Charles River Ventures Current
Charles River Ventures, Inc. General Partner Current
Svod Partner, Charles River Ventures Current
Rosum Corporation Partner, Charles River Ventures Current
Illinoisventures, LLC Manager Current
SupplySolution Inc. Current
Avvenu Inc Current
IP Infusion, Inc. Chairman of the Board Current
Staccato Communications, Inc. Board of Directors Current
Western Association of Venture Capitalists Director Current
Tradebeam, Inc. Director Current
Microtune, Inc. Board of Directors Current
West Coast Holdings Board of Directors Current
Cswitch Board of Directors Current
Nantero Board of Directors Current
Silicon Clocks, Inc. Board of Directors Current
Illinoisventures, LLC Board of Directors Current
Transmeta Corporation Board of Directors Current
Rosum Corporation Director Current
Institutional Venture Partners General Partner Current
Creative Technologies Corp. non-director investor Former
Radcom, Ltd. non-director investor Former
LSI Corporation technical and marketing position Former
Western Association of Venture Capitalists Officer Former
Charles River Ventures, Inc. Head of the West Coast Practice Former
Sharevision, Inc. Former
Vitesse Former
Cirrus Logic, Inc. Former
Ensemble Systems, Inc. Director Former
RLX Technologies, Inc. Director Former
Mtone Wireless Corporation Director Former
8x8, Inc. Director Former
ChemConnect, Inc. Director Former
Creative Technologies Corp. Investor Former
Slim Devices, Inc. Investor Former
Radcom, Ltd. Investor Former
Terayon Communication Systems, Inc. Investor Former
Harvard Business School MBA Former
University of Illinois B.S. Former
Illinoisventures, LLC BS With Honors Former

George joined Charles River Ventures in 2004. He brings more than 17 years of operating and investing experience in computing and consumer technology. George's focus is on building great services and software technology companies. George led CRV's investments in Areae, Geni.com, GoTV, Skyrider, and is on each company's board of directors. Previously, he was a general partner at Mohr Davidow Ventures (MDV). His directorships included: Accrue Software (Nasdaq:ACRU), Andale, Critical Path (Nasdaq: CPTH), Ovation Entertainment, Sandcastle (acquired by Adobe, Nasdaq:ADBE), Securify (acquired by Kroll-O'Gara, Nasdaq: KROG), Shutterfly, Supertracks (acquired by Centerspan) and Telebot (acquired by Z-Tel, Nasdaq: ZTEL). Prior to MDV, George led the Nintendo 64 development business at Silicon Graphics, managed sales and marketing for virtual reality pioneer VPL Research, and served as a product marketeer at CATS Software. He is a board advisor at the MIT Sloan School of Business and Stanford BASES. He is also an advisor to X PRIZE. George earned a joint BS from MIT and MIT Sloan School of Business.

Organization Position Status
Charles River Ventures, Inc. Current
Skyrider, Inc. Board of Directors Current
Mohr, Davidow Ventures General Partner Former

Organization Position Status
Charles River Ventures, Inc. Executive Assistant Current

Organization Position Status
Formative Ventures, LLC Venture Partner Current
Charles River Ventures, Inc. Executive Current
Cswitch Board of Directors Current
Staccato Communications, Inc. Board of Directors Current
Staccato Communications, Inc. CEO, Cswitch Former
Transmeta Corporation Executive Vice President of Product Development Former
Transmeta Corporation Founder Former
Staccato Communications, Inc. Executive Former
Santa Clara University Master of Science Degree In Computer Science Former
Rochester Institute of Technology Bachelor of Science Degree In Electrical Engineering Former
Mscs Bsee Former
Santa Clara University Degree Former

Organization Position Status
Charles River Ventures, Inc. General Counsel Current
Palomar Medical Technologies, Inc. general counsel Former
Lowenstein Sandler PC Former
Harvard Law School JD Former
Harvard College BA in East Asian Studies Former

Organization Position Status
Charles River Ventures, Inc. Current
Ourmedia Board of Directors Current
Apache Software Foundation Chief Marketing Officer Former

Tom Mohr is co-founder, President, and CEO of ResponseLogix. He brings a rich senior leadership background in digital media and the automotive marketplace. Mohr was President of Knight Ridder Digital where he was responsible for the digital assets of the second largest newspaper company in the US (digital revenues: $150M). He was also a board member of the parent company of Cars.com and Apartments.com, as well as CareerBuilder.

Organization Position Status
Responselogix, Inc. President and CEO Current
Responselogix, Inc. Co-Founder Current
Charles River Ventures, Inc. Executive Current
Aftercollege, Inc. Board of Directors Current
Knight-Ridder Digital President Former
Cars.com Board Member Former
Apartments.Com Board Member Former

Organization Position Status
Charles River Ventures, Inc. Analyst Current

Organization Position Status
Ping Identity Corporation Partner, Fidelity Ventures Current
Fidelity Ventures Partner, Fidelity Ventures Current
Redbrick Health and Ridgeview Medical Center Partner, Fidelity Ventures Current
Polyserve, Inc. Board of Directors Current
Redbrick Health Corporation Board of Directors Current
Black Duck Software, Inc. Board of Directors Current
Charles River Ventures, Inc. board member Current
Kajeet, Inc. Board of Directors Current
Verid, Inc. Board of Directors Current
Spikesource, Inc. Board of Directors Current
Ping Identity Corporation Board of Directors Current
Enterprisedb Corporation Board of Directors Current
Suitetwo Board of Directors Current
RSA Security Inc. Senior Vice President of Marketing and corporate development Former
Mercer Management, Inc Vice President Former
Sun Microsystems, Inc. Vice President Former
Sun Microsystems, Inc. General Manager Former
Charles River Ventures, Inc. Venture Partner Former
Stanford Graduate School of Business Arjay Miller Scholar Former
The Perkins School Trustee Former
Ximian Advisor Former
Mercator Software Former
Ximian Board Member Former
Tufts University MS Degrees In Engineering Former
Stanford Graduate School of Business MBA Former
Stanford Graduate School of Business BS Former
Tufts University BS Former

Executive News

  • Advance Internet To Offer ResponseLogix" Response Management Software

    EMedia Wire - 8/26/09 - View Story

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