|By Business Wire||
|January 30, 2014 01:00 AM EST||
General Catalyst Partners, a venture capital firm that makes early-stage and growth equity investments, today expanded its investment team by naming Internet technology and media business leader Paul Sagan as an XIR and partner. Paul brings a broad range of experience as an entrepreneur, having served in senior positions during the creation of several groundbreaking Internet ventures.
XIRs are proven founders, CEOs and visionaries with deep domain expertise who partner with General Catalyst to identify investments in profitable companies in which they can be a catalyst for value creation and hyper-growth via a chairman or CEO role.
Paul’s career encompasses the convergence of media and technology and the growth of global markets enabled by the Internet and hyper-connectivity. As an XIR and partner at General Catalyst, Paul will leverage his extensive experience and entrepreneurial leadership to focus on opportunities that capitalize on trends in big data, cloud computing, hyper-connectivity and mobility.
Most recently, Paul was CEO of Akamai Technologies from 2005 to 2013. He joined the company as employee #15 and chief operating officer in 1998, and helped to build Akamai into one of the world’s largest distributed-computing platforms. He continues to serve as vice chairman of the Akamai board of directors. Previously, Paul held several senior executive positions at Time Warner, including president and editor of new media at Time Inc. and senior vice president of cable programming at Time Warner Cable. He was a co-founder of Road Runner, the world's first consumer broadband service, Pathfinder, one of the first Web portals, and NY1 News, the groundbreaking regional cable news service.
Paul is also a director of EMC Corp. and iRobot, Inc., and he is non-executive chairman of Datto, Inc., a General Catalyst portfolio company that is a leader in providing cloud-based data back-up and disaster recovery and business continuity services. In addition, Paul has experience with international business matters, having been a senior advisor to the World Economic Forum, and with cyber security, having been appointed by President Obama to the National Security Telecommunications Advisory Committee. Paul is a three-time Emmy Award winner for broadcast journalism and is a fellow of the American Academy of Arts and Sciences.
“The breadth of Paul’s business experience and network, and the industry leadership he’s demonstrated are extraordinary and invaluable to the entrepreneurs and founders he mentors,” said David Fialkow, a managing director at General Catalyst Partners. “We are extremely pleased that Paul is joining our team to focus on our XIR program, which we built to leverage the unique value that exceptional leadership can bring to partnerships with founders and entrepreneurs to build phenomenal businesses.”
“A core value of General Catalyst’s approach to investing is to support entrepreneurs and founders, and that philosophy was one of the most important factors that attracted me to join the firm and the XIR program for the next phase of my career,” said Sagan. “Their track record with companies such as Kayak, Demandware, Datalogix, Hubspot, CLEAResult, and Datto speaks to the success of the firm’s overall investment focus and its XIR program.”
Sagan continued, “I am very interested in capturing and leveraging the rapid growth of Internet-enabled businesses and see a tremendous opportunity to partner with emerging leaders in these sectors as they work through the challenges and opportunities that come with building successful enterprises.”
About the XIR Program
General Catalyst Partners’ XIR program pairs transformational executive/entrepreneurial leaders with founders of high-growth, founder-owned technology and technology-enabled businesses. XIRs are proven founders, CEOs and visionaries with deep domain expertise who partner with General Catalyst to identify investments in profitable companies in which they can be a catalyst for value creation and hyper-growth via a chairman or CEO role. Launched in 2009, the XIR program leverages the firm’s entrepreneurial and operational roots and its ability to attract transformational talent to create the infrastructure to fundamentally improve the outcome of a business.
About General Catalyst Partners
General Catalyst Partners is a venture capital firm that makes early-stage and growth equity investments. General Catalyst invests in exceptional entrepreneurs who are building the technology-based companies that will lead innovation and transform industries. Founded in 2000, General Catalyst leverages its principals' extensive operational, business development and technological expertise to provide portfolio companies with a catalyst for success through business-building and partnership development assistance. General Catalyst has offices in Cambridge, MA, Palo Alto, CA and New York City. For more information, visit: www.generalcatalyst.com or https://twitter.com/gcvp.
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Nov. 22, 2014 06:30 PM EST Reads: 710
We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
Nov. 22, 2014 06:30 PM EST Reads: 615
Docker offers a new, lightweight approach to application portability. Applications are shipped using a common container format and managed with a high-level API. Their processes run within isolated namespaces that abstract the operating environment independently of the distribution, versions, network setup, and other details of this environment. This "containerization" has often been nicknamed "the new virtualization." But containers are more than lightweight virtual machines. Beyond their small...
Nov. 22, 2014 06:15 PM EST Reads: 976
Software-driven innovation is becoming a primary approach to how businesses create and deliver new value to customers. A survey of 400 business and IT executives by the IBM Institute for Business Value showed businesses that are more effective at software delivery are also more profitable than their peers nearly 70 percent of the time (1). DevOps provides a way for businesses to remain competitive, applying lean and agile principles to software development to speed the delivery of software that ...
Nov. 22, 2014 06:00 PM EST Reads: 1,377
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Nov. 22, 2014 05:45 PM EST Reads: 1,014
ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
Nov. 22, 2014 05:30 PM EST Reads: 901
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Nov. 22, 2014 07:00 AM EST Reads: 1,303
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Nov. 21, 2014 09:15 PM EST Reads: 1,223
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
Nov. 21, 2014 08:45 PM EST Reads: 1,199
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...
Nov. 21, 2014 08:00 PM EST Reads: 1,299
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
Nov. 21, 2014 08:00 PM EST Reads: 1,217
SYS-CON Media announced today that Aruna Ravichandran, VP of Marketing, Application Performance Management and DevOps at CA Technologies, has joined DevOps Journal’s authors. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Aruna's inaugural article "Four Essential Cultural Hacks for DevOps Newbies" discusses how to demonstrate the...
Nov. 21, 2014 07:00 PM EST Reads: 1,244
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 21, 2014 07:00 PM EST Reads: 1,180