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News calendar    Dec 19, 2011

David Nevas Promoted to Principal at Edison Ventures

David Nevas Promoted to Principal at Edison Ventures

david2LAWRENCEVILLE, NJ, December 19, 2011 – The General Partners of Edison Ventures are pleased to announce the promotion of David Nevas to Principal.

David focuses on investments in Interactive Marketing and eCommerce companies. The interactive marketing and eCommerce team concentrates on innovative business models and companies in Digital Advertising Technology, Media Platforms, and eCommerce Infrastructure markets.

David joined Edison in 2007 as a Business Development Associate and has originated investments in Motionsoft, Netprospex, and CallCopy. David conducted due diligence for Edison’s investment in Sanpulse. He currently serves as board observer of The Neat Company and previously was an observer of the Checkpoint HR board.

“David is a rising star in the venture capital industry. He has consistently shown an ability to identify high growth companies in emerging markets,” commented Chris Sugden, Edison Managing Partner. “For the past several years David has developed deep domain expertise in Interactive Marketing and eCommerce. We are excited to add David’s enthusiasm and value to this industry practice,” Sugden continued.

David is active in numerous venture, entrepreneurial, and technology organizations. He is a frequent speaker at industry conferences and guest lecturer at The Wharton School and Penn Engineering EMTM program.

Prior to joining Edison, David held a variety of roles in the Software and Internet industries. As a manager at PEbacked A.C. Lordi, he built an IT Risk and Compliance business line focused on emerging growth and small public companies. As a consultant at IBM, he built high-performance analytical and financial processing applications for clients in the IT and Consumer Products industries. David began his career as a developer for a venture-backed startup in the mobile eCommerce space.

David earned an M.B.A in Finance from New York University and B.S. from Lehigh University in Information Systems.

Kelly leads firm operations, including investment development, value creation, portfolio management, finance and marketing. She also manages investments in enterprise SaaS and fintech, serves on Edison’s investment committee, and is the pioneer of our Edison Edge value creation platform.