|By Business Wire
|January 30, 2014 01:00 AM EST
Catalyst Partners, a venture capital firm that makes early-stage and
growth equity investments, today expanded its investment team by naming
Internet technology and media business leader Paul Sagan as an XIR and
partner. Paul brings a broad range of experience as an entrepreneur,
having served in senior positions during the creation of several
groundbreaking Internet ventures.
XIRs are proven founders, CEOs and visionaries with deep domain
expertise who partner with General Catalyst to identify investments in
profitable companies in which they can be a catalyst for value creation
and hyper-growth via a chairman or CEO role.
Paul’s career encompasses the convergence of media and technology and
the growth of global markets enabled by the Internet and
hyper-connectivity. As an XIR and partner at General Catalyst, Paul will
leverage his extensive experience and entrepreneurial leadership to
focus on opportunities that capitalize on trends in big data, cloud
computing, hyper-connectivity and mobility.
Most recently, Paul was CEO of Akamai Technologies from 2005 to 2013. He
joined the company as employee #15 and chief operating officer in 1998,
and helped to build Akamai into one of the world’s largest
distributed-computing platforms. He continues to serve as vice chairman
of the Akamai board of directors. Previously, Paul held several senior
executive positions at Time Warner, including president and editor of
new media at Time Inc. and senior vice president of cable programming at
Time Warner Cable. He was a co-founder of Road Runner, the world's first
consumer broadband service, Pathfinder, one of the first Web portals,
and NY1 News, the groundbreaking regional cable news service.
Paul is also a director of EMC Corp. and iRobot, Inc., and he is
non-executive chairman of Datto, Inc., a General Catalyst portfolio
company that is a leader in providing cloud-based data back-up and
disaster recovery and business continuity services. In addition, Paul
has experience with international business matters, having been a senior
advisor to the World Economic Forum, and with cyber security, having
been appointed by President Obama to the National Security
Telecommunications Advisory Committee. Paul is a three-time Emmy Award
winner for broadcast journalism and is a fellow of the American Academy
of Arts and Sciences.
“The breadth of Paul’s business experience and network, and the industry
leadership he’s demonstrated are extraordinary and invaluable to the
entrepreneurs and founders he mentors,” said David Fialkow, a managing
director at General Catalyst Partners. “We are extremely pleased that
Paul is joining our team to focus on our XIR program, which we built to
leverage the unique value that exceptional leadership can bring to
partnerships with founders and entrepreneurs to build phenomenal
“A core value of General Catalyst’s approach to investing is to support
entrepreneurs and founders, and that philosophy was one of the most
important factors that attracted me to join the firm and the XIR program
for the next phase of my career,” said Sagan. “Their track record with
companies such as Kayak, Demandware, Datalogix, Hubspot, CLEAResult, and
Datto speaks to the success of the firm’s overall investment focus and
its XIR program.”
Sagan continued, “I am very interested in capturing and leveraging the
rapid growth of Internet-enabled businesses and see a tremendous
opportunity to partner with emerging leaders in these sectors as they
work through the challenges and opportunities that come with building
About the XIR Program
General Catalyst Partners’ XIR program pairs transformational
executive/entrepreneurial leaders with founders of high-growth,
founder-owned technology and technology-enabled businesses. XIRs are
proven founders, CEOs and visionaries with deep domain expertise who
partner with General Catalyst to identify investments in profitable
companies in which they can be a catalyst for value creation and
hyper-growth via a chairman or CEO role. Launched in 2009, the XIR
program leverages the firm’s entrepreneurial and operational roots and
its ability to attract transformational talent to create the
infrastructure to fundamentally improve the outcome of a business.
About General Catalyst Partners
General Catalyst Partners is a venture capital firm that makes
early-stage and growth equity investments. General Catalyst invests in
exceptional entrepreneurs who are building the technology-based
companies that will lead innovation and transform industries. Founded in
2000, General Catalyst leverages its principals' extensive operational,
business development and technological expertise to provide portfolio
companies with a catalyst for success through business-building and
partnership development assistance. General Catalyst has offices in
Cambridge, MA, Palo Alto, CA and New York City. For more information,
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives.
Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Jun. 27, 2016 07:30 AM EDT Reads: 979
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things.
And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Jun. 26, 2016 05:00 PM EDT Reads: 1,302
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Jun. 26, 2016 05:00 PM EDT Reads: 1,211
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Jun. 26, 2016 04:00 PM EDT Reads: 1,318
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago.
All major researchers estimate there will be tens of billions devices - comp...
Jun. 26, 2016 04:00 PM EDT Reads: 1,257
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more.
In his session at @Th...
Jun. 26, 2016 03:00 PM EDT Reads: 982
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed.
In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change t...
Jun. 26, 2016 02:00 PM EDT Reads: 1,147
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market?
In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jun. 26, 2016 01:00 PM EDT Reads: 806
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location.
With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jun. 26, 2016 12:00 PM EDT Reads: 1,290
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jun. 26, 2016 12:00 PM EDT Reads: 1,110
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open.
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Jun. 26, 2016 12:00 PM EDT Reads: 1,351
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy).
The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Jun. 26, 2016 12:00 PM EDT Reads: 1,089
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Jun. 26, 2016 11:00 AM EDT Reads: 1,118
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations.
In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jun. 26, 2016 09:45 AM EDT Reads: 634
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos.
In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Jun. 26, 2016 08:45 AM EDT Reads: 748
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates.
In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Jun. 25, 2016 03:00 PM EDT Reads: 1,622
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Jun. 24, 2016 01:00 PM EDT Reads: 1,362
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office.
In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
Jun. 24, 2016 12:00 PM EDT Reads: 1,659
industrial company for a multi-year contract initially valued at over $4.0 million. In addition to DataV software, Bsquare will also provide comprehensive systems integration, support and maintenance services. DataV leverages advanced data analytics, predictive reasoning, data-driven diagnostics, and automated orchestration of remediation actions in order to improve asset uptime while reducing service and warranty costs.
Jun. 22, 2016 11:00 AM EDT Reads: 1,373
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web.
As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
Jun. 19, 2016 12:45 PM EDT Reads: 1,279