IDG Ventures Names David Aronoff General Partner.

BOSTON -- IDG Ventures Boston, an early-stage venture capital firm focused on investing in information and healthcare technology companies, today announced the appointment of David Aronoff as General Partner. Aronoff, a veteran investor and former entrepreneur, joins IDG Ventures Boston from Greylock

"David is highly respected in the community, both for his top-notch track record and his hands-on style of working with entrepreneurs," said Michael Greeley, general partner, IDG Ventures. "As we looked to bring a fourth general partner into the firm, it was important to us to find someone who not only brought a wealth of expertise and experience to the firm, but also someone we all knew well. We could not have asked for a better match with David and look forward to having him join our team."

Since joining Greylock in 1996, Aronoff has built a strong investment track record including investments in Akara (acquired by CIENA), Cimaron (acquired by AMCC), e-Dial (acquired by Alcatel), SiTera (acquired by Vitesse), Xedia (acquired by Lucent) and Xros (acquired by Nortel). He currently serves on the boards of Mazu Networks, Ounce Labs, and Sandburst. Aronoff was recognized by Forbes on their prestigious Midas List as one of the top 100 venture capitalists in 2004 and 2005.

Prior to joining the venture industry, Aronoff held operating positions at several successful technology companies including Chipcom (3COM), the Attitude Network and Bell Labs (LU). At Chipcom, an enterprise network equipment vendor, he led development efforts in Ethernet bridges, switches and routers as the company grew from $5 million to $300 million. While in business school, Aronoff co-founded the Attitude Network, an Internet content startup which was acquired by TheGlobe.com. Earlier in his career he held technical positions at Bell Labs where he developed secure network systems for DoD customers.

"I am thrilled to join the IDG Ventures Boston team," said Aronoff. "I was very fortunate to learn the venture business from the best in the business at Greylock, but the entrepreneur in me wanted to play a greater role in building a firm from the early stages. The opportunity with IDG Ventures Boston was the perfect fit. I share the team's vision for building a successful, next-generation venture capital franchise and look forward to working with entrepreneurs to build category defining companies."

David holds a BS in Computer Science from the University of Vermont, an MS in Computer Engineering from the University of Southern California, and an MBA with Distinction from Harvard Business School. He also serves on advisory boards for the Fabless Semiconductor Association, the University of Vermont's College of Engineering, and the board of directors for the Jewish Community Centers of Greater Boston.

Since its founding four years ago, IDG Ventures Boston has invested in almost a dozen companies. The firm recently closed its second fund, a $180 million fund focused on investing on information and healthcare technology companies.

About IDG Ventures Boston

IDG Ventures Boston is a leading venture capital firm focused on investing in early-stage information and healthcare technology companies. With $280 million under management, the firm is an independent partnership making investments on behalf of its limited partners. The fund is affiliated with IDG Ventures, a global $1 billion network of funds spanning Asia, Europe and North America. International Data Group, the world's largest IT media, research, and event company, is the flagship limited partner for IDG Ventures Boston. Through the IDG global network, IDG Ventures Boston is able to uniquely add value to its portfolio companies by facilitating revenue acceleration and global expansion and establishing relationships with key strategic partners. For more information, visit www.idgventures.com.