Welcome!

News Feed Item

General Catalyst Partners Adds Paul Sagan to Investment Team

General 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 businesses.”

“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 successful enterprises.”

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, visit: www.generalcatalyst.com or https://twitter.com/gcvp.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
18th Cloud Expo, taking place June 7-9, 2016, at the Javits Center in New York City, NY, 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 enterprises are using some...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
We’ve been doing it for years, decades for some. How many websites have you created accounts on? Your bank, your credit card companies, social media sites, hotels and travel sites, online shopping sites, and that’s just the start. We do it often without even thinking about it, quickly entering our personal information, our data, in a plethora of systems. Sometimes we’re not even aware of the information we are providing. It could be very personal information (think of the security questions you ...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...