Dave co-founded August Capital in 1995. Dave’s commitment to entrepreneurs and their market vision is reflected by his long-standing board relationships. He has served on more than 40 boards of directors over his long venture capital career commencing in 1979.
Dave has been involved in every phase of the entrepreneurial process from seed investments to classic venture financings, mergers & acquisitions, public offerings, and restructurings & privatizations.
Prior to founding August Capital, Dave co-founded Technology Venture Investors (TVI) in 1980 where he was involved in four highly successful funds that invested in over 100 start-up and emerging growth companies. Among these early investments was Microsoft, where TVI was the sole investor. Dave served on the Microsoft board of directors from 1981 until 2014.
Dave began his venture career at Institutional Venture Associates and prior to business school he was a design engineer and development manager at Diablo Systems (acquired by Xerox) where he collaborated on and led disk drive and printer programs.
Dave received a BSME (1973) from Columbia University and a MBA (1979) from Stanford University. He also completed coursework for an MSEE at Stanford while attending business school. He has served as president of the Western Association of Venture Capitalists and is a past director of the National Venture Capital Association.
Current August investments: ADARA, Quandl, and Samba TV.
Previous August investments: Alibre (acquired by 3D Systems), Be (acquired by Palm/HP), Bubbli (acquired by DropBox), Cobalt Networks (acquired by Sun Microsystems), eBates (acquired by Rakuten), eCash (acquired by InfoSpace), Mimosa (acquired by Iron Mountain),NetPulse, Openlane (acquired by Adesa/KAR), Seagate Technology privatization (STX), Tumbleweed Communications (acquired by Axway), Xirrus (acquired by Riverbed) and Westbridge (acquired by Progress Software).
Other previous investments: Adaptec (NYSE: ADPT), Archive (acquired by Seagate), Compaq (acquired by HP), Grand Junction Networks (acquired by Cisco), Linear Technology (Nasdaq: LLTC); Microsoft (MSFT), Sun Microsystems (acquired by Oracle) and Symantec (SYMC).