BVP Appoints Epstein as EIR

Bessemer Venture Partners has appointed Jeff Epstein as an executive in residence. He most recently served as executive vice president and chief financial officer of global technology company Oracle. Previously, he was executive vice president and chief financial officer of DoubleClick.

PRESS RELEASE

Bessemer Venture Partners (BVP), a global investment firm, today announced that Jeff Epstein has joined the firm as an executive in residence (EIR). He most recently served as Executive Vice President and Chief Financial Officer of Oracle, one of the world’s largest and most profitable technology companies, with a market value of over $150 billion. Earlier, Mr. Epstein was Executive Vice President and Chief Financial Officer of DoubleClick, as it grew from 180 to over 2,000 employees. As an EIR with BVP, Mr. Epstein will be working with the investment team to evaluate a broad range of opportunities in areas including cloud computing, internet advertising technology, and consumer internet. He will also assist BVP portfolio companies with strategic initiatives, planning, and operational excellence.

“We are thrilled to be partnering with Jeff,” said Byron Deeter, partner at BVP. “He is a phenomenal financial executive with a long track record of success, invaluable management expertise and an unparalleled understanding of the fast growth areas of cloud computing, advertising technology and consumer internet. Jeff’s unique skill set is an excellent complement to our investment team and will be a tremendous benefit to our portfolio companies.”

“It is an honor to be joining a firm with such a long and successful history of investing in and partnering with innovative, high-growth companies around the globe,” said Jeff Epstein. “I look forward to working with Byron and the BVP team.”

Prior to joining Oracle, Epstein served as Chief Financial Officer of several public and private companies, including DoubleClick (sold to Google), King World Productions (sold to CBS) and Nielsen’s Media Measurement and Information Group. Earlier in his career, he was a merger and acquisition investment banker at The First Boston Corporation.

He is a member of the Board of Directors of Priceline.com, where he serves on the Audit and Compensation Committees, a member of the Audit and Compliance Committee of the Stanford University Hospital, and serves on the Management Board of the Stanford Graduate School of Business.

Mr. Epstein holds an MBA from the Stanford University Graduate School of Business, where he was an Arjay Miller Scholar, and a BA from Yale College, where he graduated summa cum laude, Phi Beta Kappa.

About Bessemer Venture Partners
Bessemer Venture Partners is a global venture capital firm with offices in Silicon Valley, Cambridge, Mass., New York, Mumbai and Herzliya, Israel. One of the oldest venture capital practices in the United States, BVP has partnered as an active, hands-on investor in Ciena, LinkedIn, Celtel, Blue Nile, Skype, Staples, VeriSign and Yelp. More than 100 BVP-funded companies have gone public on exchanges in Canada, India, the U.K. and the United States.