Tim McAdam Joins Technology Crossover Ventures As General Partner

Palo Alto, CA – May 28, 2010 – Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today that Tim McAdam has joined the firm as a general partner.
Palo Alto, CA – May 28, 2010 – Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today that Tim McAdam has joined the firm as a general partner. Mr. McAdam, a former general partner of Trinity Ventures, brings 19 years of financial and investment expertise to TCV. He will work on investment opportunities in the enterprise software and services sector, and will be based in the firm’s Palo Alto headquarters.

“TCV is excited to welcome Tim to our partnership. His deep experience with companies of all sizes in the enterprise software, Internet, and security markets is a tremendous asset for both TCV and our portfolio companies,” said Jake Reynolds, TCV general partner. “We look forward to Tim playing a strategic role in enriching our portfolio and attracting new investments.”

While at Trinity, Mr. McAdam focused on innovative software and Internet service models. He has been an active member of the board of Focus, gWallet, Likewise Software, Rivermuse, SciQuest, ServiceMax and TrustID. Mr. McAdam’s previous involvement in successful technology companies includes Cyclone Commerce (acquired by Sopra/Axway), IntruVert Networks (acquired by McAfee: MFE), Sygate (acquired by Symantec: SYMC), Hummingbird Communications (HUMC), Fiderus (acquired by Electronic Data Systems: EDS), Trident International (acquired by Illinois Tool Works: ITW), VTC (acquired by Lucent Technologies: LU), JDA Software (JDAS), and Webhire (HIRE).

“I am thrilled to join the world-class TCV team. I have known many of TCV’s partners for years and have always been impressed by their growth equity strategy and ability to find, attract and invest in some of the industry’s leading technology companies,” said Mr. McAdam. “I look forward to joining my TCV colleagues in growing the firm’s enterprise software and Internet investments, and helping portfolio companies reach their full potential.”

Prior to joining Trinity Ventures in 2000, Tim was a vice president at GTCR where he made numerous information technology investments. Previously, Tim was with TA Associates where he focused on investing in enterprise software companies. Tim received his M.B.A. from the Stanford Graduate School of Business and his B.A. from Dartmouth College.

About Technology Crossover Ventures
Technology Crossover Ventures (TCV), founded in 1995, is a leading provider of growth capital to technology companies, providing funds to later-stage private and public companies. With $7.7 billion in capital under management, TCV has made growth equity and recapitalization investments in over 170 companies leading to 45 initial public offerings and more than 30 strategic sales or mergers. Representative investments include Altiris, eHarmony, Expedia, Fandango, Liquidnet, Netflix, RealNetworks, Redback Networks, Solect Technology, TechTarget, Travelport, Webroot, and Zillow. TCV has 11 partners and is headquartered in Palo Alto, California. For more information about TCV, visit www.tcv.com.

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