|By PR Newswire||
|December 9, 2013 12:30 PM EST||
CAMBRIDGE, Mass. and MENLO PARK, Calif., Dec. 9, 2013 /PRNewswire/ -- Highland Capital Partners, a global venture capital firm focused on building great companies by putting the entrepreneur first, today announced consumer media and technology expert, Walt Doyle, has joined the firm as a Venture Partner in its Cambridge, MA office.
A veteran of both the Bay Area and Boston entrepreneurial ecosystems, Walt has built companies at the epicenter of mobile, location and payments. Most recently, Walt was the GM of PayPal Media where he managed the product, sales, and operations in building their omni-channel commerce strategy. He joined PayPal through its acquisition of WHERE, a local discovery service and mobile advertising network. Walt served as CEO of WHERE from 2005 through its acquisition, growing the company from 10 to 140 employees and more than $40 million in revenue.
"Walt is an accomplished CEO with experience and success in building a company of consequence," said Bob Davis, General Partner with Highland. "As a trusted advisor and mentor, Walt has developed an exceptional network of entrepreneurs and angels in the Boston area. He has his finger on the pulse of great entrepreneurs and the companies that are helping to define the enormous opportunities consumers are looking to embrace."
"I am thrilled to be working with Highland," said Walt Doyle. "They are a respected advocate of the first-time CEO with the knowledge and expertise to be an early strategic investor and the conviction to remain a valued partner through the later stages of critical company development."
Prior to joining WHERE, Walt has worked in senior roles with numerous consumer media and technology companies including MapQuest, DialPad (YHOO), Net2Phone (T), and GameSpot (CBS). Walt was named a finalist in the Ernst & Young Entrepreneur Of The Year® 2010 program and was also named a Massachusetts High Tech All Star. He is actively engaged at the board and advisory level with several companies including Evertrue, Invaluable, Celtra, and Clypd.
About Highland Capital Partners
Founded in 1988, Highland Capital Partners is a global venture capital firm focused on putting the entrepreneur first. With offices in Menlo Park, Cambridge and Shanghai, Highland has raised over $3 billion in committed capital and invested in more than 225 companies, resulting in category-defining businesses across consumer and enterprise technology. Investments include Aereo, Ask Jeeves, Bromium, Gigamon, Leap Motion, Lululemon, LevelUp, Lycos, MapQuest, Nebula, Qihoo 360, Quattro Wireless, Rent the Runway, Starent Networks, Sybase, VistaPrint and WePay. For more information, visit www.hcp.com.
SOURCE Highland Capital Partners