General Catalyst Partners has added Chris Heim and Dan Mayleben as entrepreneur-in-residence. Minneapolis-based Heim and Mayleben will focus on identifying and investing in software companies. Heim and Mayleben most recently led mobile software company Amcom Software. That company was bought by USA Mobility in March of 2011.
General Catalyst Partners, a growth equity and venture capital firm investing in exceptional entrepreneurs, today announced that Chris Heim and Dan Mayleben have joined the firm as part of its Entrepreneur in Residence (XIR) Program. Minneapolis-based Heim and Mayleben will focus on identifying and investing in high-potential software companies where a combination of management expertise, operational improvements and the pursuit of organic and inorganic expansion opportunities will enable businesses to unlock their full potential.
Both join General Catalyst with a track record of helping software companies achieve improved growth and financial results. Heim and Mayleben most recently led Amcom Software, a leader in mission- critical mobile software, through its successful purchase by USA Mobility in March of 2011. The two had purchased Amcom from its founder in March of 2007 and grew the company’s revenue fivefold through both organic growth and the execution of four strategic acquisitions. They plan to bring their collective experiences from this and similar ventures to General Catalyst, where they will help the firm identify similar opportunities for value creation.
Prior to Amcom, the two teamed up at HighJump Software where they grew the company into a leader in the supply chain execution market. Chris joined HighJump as an early employee and later became CEO, bringing in Mayleben as CFO. During their tenure at HighJump Software, the company grew sales dramatically prior to the company’s acquisition by 3M.
“We are pleased to extend our XIR program into exciting new geographies and markets and were very impressed with both Chris and Dan’s respective track record of taking good companies with solid ideas and technologies and transforming them into great companies, with significant results,” said David Orfao, Managing Director with General Catalyst. “Their ability to help us not just identify opportunities, but transform middle-market software companies through their high-value added operationally focused strategy, gives General Catalyst a unique capability among software-focused private equity venture capital firms. It’s consistent with our strategy of backing great entrepreneurs and Chris and Dan are among the best.”
“We are thrilled to join General Catalyst,” Mayleben said. “Helping software companies succeed is a passion for Chris and I and General Catalyst is a fantastic partner with the expertise and capital to help us achieve that goal. We have been impressed with the entire team at General Catalyst as they truly understand and value entrepreneurs.”
About General Catalyst Partners
General Catalyst Partners is a growth equity and venture capital firm that invests in exceptional entrepreneurs who are building the technology-based companies that will lead innovation and transform industries. Founded in 2000, General Catalyst Partners leverages its principals’ extensive operational, business development and technological expertise to provide portfolio companies with a catalyst for success through business-building and partnership development assistance. General Catalyst has offices in Cambridge, MA and Palo Alto, CA. For more information, visit: www.generalcatalyst.com