MEDIA RELEASE PR35307
Michelangelo Volpi Joins Index Ventures as Partner
LONDON and GENEVA and JERSEY, July 6 /PRNewswire-AsiaNet/ --
Technology Executive to Invest in the Internet, Telecom,
Networking and Media Industries
Index Ventures today announced that Mike Volpi, a renowned technology industry veteran, joined the
firm as a partner. Volpi is based in the London office as part of the venture team where he will lead early
stage investments in the Internet, telecom/networking and media sectors and contribute to the firm's later
stage growth fund.
During his 13 year career at Cisco, Volpi acquired more than 75 companies
and served as Chief Strategy Officer responsible for corporate strategy,
business development, strategic alliances, and advanced Internet projects.
Volpi then led Cisco's billion dollar routing and service provider business.
For the past two years, Volpi was CEO of Joost, an Internet startup focused
on online broadcast TV, and recently transitioned into the role of Chairman.
Volpi started his career at HP in 1989.
"Mike has been a close advisor to the Index family for more than 10
years. He has worked closely with several of our portfolio companies such as
Skype, TrialPay, Joost, FON and Telegent, even serving on some of their
boards, so it's a natural progression to have him officially join our team,"
said Giuseppe Zocco, partner and co-founder, Index Ventures. "Mike's
world-class leadership qualities, transaction experience, and network make
him a great addition to our partnership and will enhance our ability to serve
our portfolio companies."
"Venture has become a global business and I've watched Index take their
place as a marquee name by investing in industry-altering businesses such as
Betfair, MySQL and Skype," said Volpi. "I'm excited to become part of this
team and look forward to helping Index partner with the next generation of
great entrepreneurs."
"Index companies have benefited from Mike's wide ranging experience and
his perspective will be invaluable as we continue to identify disruptive
companies to invest in," said Danny Rimer, Index partner.
"Mike has been a great source of strategic advice and has opened many
doors for Telegent ever since Index invested in the company," said Weijie
Yun, CEO of Telegent Systems. "We highly value his perspective and we look
forward to working with him even more closely now that he is a permanent
member of the Index Ventures team."
About Index Ventures
Index Ventures is a leading European venture capital firm active in
technology venture investing since 1996. The firm is dedicated to helping top
entrepreneurial teams in the Information Technology and Life Science sectors
build their companies into market defining global leaders. The firm has
offices in Geneva, London and Jersey and focuses on investments from seed
through growth stage companies. Recent exits include Skype (the pioneering
communications company acquired by eBay); MySQL (the world's most popular
open source database recently acquired by Sun), Last.fm (the world's largest
social music platform, recently acquired by CBS) and BioXell (BIOX, floated
on the SWX in 2007). For more information, please visit
SOURCE Index Ventures
CONTACT: Sayula Kirby of Index Ventures, +44-(0)-207-154-2009,
Sayula@indexventures.com
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