Palo Alto, CA – December 10, 2010 – Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today that David Yuan has been promoted from principal to general partner.
Palo Alto, CA – December 10, 2010 – Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today that David Yuan has been promoted from principal to general partner. Mr. Yuan, who joined TCV in 2005, brings more than a decade of experience in entrepreneurship, private equity, and venture capital. In his new role, he will continue to focus on investments in the software, Internet, and information services markets. Mr. Yuan is based in the firm’s Palo Alto headquarters.
“David has been an invaluable member of the TCV team, contributing to the growth and success of our portfolio companies,” said Jay Hoag, TCV founding general partner. “We are thrilled to see David expand his role as a TCV general partner. His proven expertise in the technology and information services sectors will be strategic in advancing our portfolio and attracting new investments.”
Mr. Yuan currently serves on the boards of ExactTarget, LogicLab, Merkle, and Seismic Micro-Technology, and he has been involved in TCV’s investments in Oak Pacific Interactive, Global360, Tinyprints, and Homeaway.
“I am excited to serve in my new capacity as a TCV partner. It’s been an honor working with a world-class team to help grow some of the industry’s most innovative technology companies,” said Mr. Yuan. “I look forward to building on this teamwork to support TCV’s growth equity strategy and our investments in Internet, software and information services companies.”
Prior to joining TCV, Mr. Yuan managed investments at JPMorgan Partners. He also was one of the first employees of 1stup, a start-up, which was successfully sold to CMGi. Mr. Yuan started his career as a management consultant in the San Francisco office of Bain & Company.
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, PIPE and recapitalization investments in over 170 companies leading to 47 initial public offerings and more than 30 strategic sales or mergers. Representative investments include Altiris, C|NET, eHarmony, Expedia, Fandango, HomeAway, Liquidnet, Netflix, Orbitz, RealNetworks, Redback Networks, RiskMetrics Group, Solect Technology, TechTarget, TradingScreen, Travelport, Webroot and Zillow. TCV has 12 partners and is headquartered in Palo Alto, California. For more information about TCV, visit www.tcv.com.