Redshift Ventures Promotes Dr. Srini Mirmira To Partner
Arlington, VA, May 23, 2008 - RedShift Ventures announced today that Dr. Srini Mirmira has been promoted from Principal to Partner.
"An exceptional talent, Srini has delivered tremendous value to our portfolio companies, firm and our limited partners," said Rich Harris, RedShift General Partner & Founder. "Srini has identified outstanding companies for investment, helped grow the RedShift portfolio and is aggressively pursuing exit opportunities. We are thrilled to have him join the partnership ranks of our firm."
Dr. Mirmira first joined RedShift Ventures as an Associate in March 2005 and was promoted to Principal in January 2007. Srini currently sits on the Board of Directors for portfolio companies Imaginova, Novariant, SiOnyx and TerraGo Technologies. Prior to RedShift, he was with Boeing, Applied Materials, and Intel. Dr. Mirmira holds a Ph.D. in materials science from Texas A&M University and a M.B.A. from the University of Chicago.
"I am honored and pleased that my colleagues have asked me to become their partner, and I look forward to building RedShift Ventures for decades to come," said Dr. Mirmira. "Working with the entrepreneurs, Rich, Mark, and our world-class Advisory Board has been very rewarding. We are all very passionate about creating great businesses upon a foundation of unique technology."
About RedShift Ventures - RedShift Ventures is an early stage venture capital firm focused on tech transfer and spin-out opportunities from universities, research centers and corporations. RedShift primarily invests in the communications, microelectronics and information technology sectors and is traditionally the first institutional investor in a company. With the assistance of a world-class Advisory Board, RedShift works with entrepreneurs to build great companies based on compelling and differentiated technologies. RedShift Ventures has over $220 million under management and is headquartered in Arlington, VA. For more information, please visit www.redshiftventures.com
Media Contact:
Lori Martin
Marketing Manager
RedShift Ventures
(703) 284-9810
lmartin@redshiftventures.com