December 20, 2006
- Waltham, MA
Commonwealth Capital Ventures, an early-stage, technology-focused venture capital firm, has added Elliot Katzman as a General Partner. Katzman brings highly complementary skills and experience to a strong team as the firm looks to capitalize on a robust investing environment in the Northeast. Katzman has more than 25 years of high-technology experience and has been instrumental in building some of New England’s most successful software companies.
In his new position, Katzman joins four veteran venture investors who have been together for many years investing successfully in technology companies based in the Northeast .
“Elliot has a proven track record of success in all aspects of building technology companies: he has been a CEO/founder, a key executive in several extraordinarily successful startups, and a venture capital investor,” said Mike Fitzgerald, Commonwealth Capital Ventures’ Managing General Partner. “His combination of strong operational skills, venture experience, and deep network of contacts complement those of the other Commonwealth partners. He will further strengthen our position as a leading early-stage venture capital firm and trusted partner to the entrepreneurial community.”
“I was attracted to Commonwealth Capital Ventures because I valued their ability to earn the trust and respect of entrepreneurs, limited partners, and other venture firms alike,” said Katzman. “Over the part few years, I have come to understand why entrepreneurs enjoy partnering with Commonwealth Capital Ventures so much. I look forward to working with the Commonwealth Capital Ventures team to support the creation of the next generation of market-leading technology companies.”
Prior to joining Commonwealth Capital Ventures, Elliot was a General Partner at Kodiak Venture Partners where he focused on investments in software, internet, and new media companies. While at Kodiak, he led investments in companies such as Groove Mobile, Mindreef, Newforma, Pragmatech Software, Spaceclaim and Wis.dm. In addition, he was on the board of Watchfire.
Before becoming a venture capitalist, Elliot spent more than twenty years as a senior executive in some of New England's most successful software companies. He founded and led Myteam.com, a direct marketing/new media company that merged with The Active Network, where he remains an active board member. Prior to Myteam.com, he was Senior VP and CFO at SolidWorks, where he led the merger with Dassault Systemes. As CFO of Atria Software, he led an IPO and a $1 billion merger with Pure Software, the largest software merger of its time. Earlier, Elliot served as CFO of Epoch Systems, where he had senior operational responsibilities and managed the company's merger with EMC. He was also an executive with Prime Computer during its significant growth phase in the mid-1980s.
Elliot holds a BSBA summa cum laude from Salem State College. He is also involved in a variety of community activities including the Board of Trustees of St. John’s Prep High School and the Board of Fellows for Trinity College.