Palo Alto, CA – July 21, 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 – July 21, 2010 – Technology Crossover Ventures (TCV), a leading growth equity firm focused on investing in premier technology companies, announced today that Daniel O’Keefe has joined the firm as a principal. Mr. O’Keefe, formerly a principal at North Bridge, brings more than a decade of financial and investment expertise to TCV. He will work on investment opportunities in the Internet sector and be based in the firm’s New York office.
“We are thrilled to have Dan join TCV. His proven success in the venture and growth funding of innovative Internet businesses is a valuable asset for TCV and our portfolio companies alike,” said Woody Marshall, TCV general partner. “We look forward to his playing a strategic role in enhancing our portfolio and attracting new investments.”
While at North Bridge, Mr. O’Keefe focused on the digital advertising, online marketing, software and analytics markets, including investments in Leapfrog Online and Protolabs. Prior to joining North Bridge, he was a senior vice president at Pequot Capital, leading venture and growth capital investments in companies in the technology and technology-enabled markets. Mr. O’Keefe also held positions as an associate at APAX Partners, as an analyst at Salomon Smith Barney, and in strategic marketing at Apple Computer. He earned A.B. degrees in business economics and organizational management at Brown University and an M.B.A. at Harvard Business School where he was a Baker Scholar.
“I am excited to join the TCV team. For years, I’ve admired their world-class growth equity strategy and ability to attract and invest in many of the technology industry’s leading companies,” said Mr. O’Keefe. “I look forward to helping TCV’s portfolio companies reach their full potential, as well as cultivating new investments in the Internet sector.”
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.