Lightspeed Staffs Up

Lightspeed Venture Partners has made three hires: David Gussarsky as managing director of Israel, after previously serving as a partner with BRM Capital; James Mi as a managing director of China, after having been director of Greater China corporate development for Google; and Andrew Moley as CFO, former CFO and interim CEO of eGreetings Network.

 

PRESS RELEASE

 

Lightspeed Venture Partners, a leading global venture capital firm, today announced the expansion of its senior team with three new executive appointments, including David Gussarsky who joins the firm as a managing director, Israel;  James Mi as a managing director, China; and Andrew Moley as CFO.

  

“Lightspeed's investment acumen and global expertise are further strengthened with the addition of David, James and Andrew to our team,” noted Ravi Mhatre, managing director at Lightspeed.  “Together they bring invaluable operational experience, broad venture and financial capabilities and extensive credentials in numerous industry segments. Their collective talent will contribute greatly to Lightspeed as the firm continues to build upon its diverse investment portfolio in the U.S and key regions across the globe.” 

 

David Gussarksy, Managing Director, Israel

 

Before joining Lightspeed, David Gussarsky was a partner at BRM Capital, a leading Israeli venture capital firm. Prior to that, he served as CEO at Paspar2, an application service provider, and as a corporate attorney at Rosenswieg and Co.  He was also the head of software development teams at the IDF and later at Edunetics, where he managed a programming team that produced software products for the U.S. market. Gussarsky holds a BA in economics and an LLB from Tel Aviv University, as well as an MBA from INSEAD, Fountainebleau, France.

 

 

James Mi, Managing Director, China

 

Before joining Lightspeed, James Mi was director of corporate development, Greater China at Google, where he was responsible for strategic investments and merger & acquisition efforts. During his tenure at Google, he also served as head of Asia Products.  Previously, Mi co-founded a venture-backed start-up, iTelco Communications, and has held various management positions at Intel Corporation in engineering, marketing, product management, and business development.  Mi received an MS in electrical engineering from Princeton University and a BS in physics from Fudan University.  He holds 12 U.S. technology patents in flash memory, communications, and Internet security/commerce.

  

Andrew Moley, CFO

 

Andrew Moley brings extensive operating experience to the CFO role having helped develop both public and private companies throughout his career. On the public side, Moley served as CFO of eGreetings Network, taking it public; he then took over as CEO of the company until its sale to American Greetings.  He was also EVP and CFO of CMC Industries, a publicly-traded EMS company.  Most recently, Moley was CFO of three venture-backed start-ups, through which he developed an extensive understanding of the financial operations of private companies. He began his career at Mercer Management Consulting. Moley holds an MBA from Stanford University and a BS in economics from the Wharton School at the University of Pennsylvania. 

 

About Lightspeed Venture Partners

 

Lightspeed Venture Partners is a leading global venture capital firm with over $2 billion of committed capital under management.  Lightspeed's investment professionals and advisors are located in Silicon Valley, China, India and Israel.  Over the past two decades, the Lightspeed team has backed more than 150 companies, many of which have become leaders in their respective markets, including Blue Nile, Brocade, Calista, Ciena, DoubleClick, eHealth Insurance, Galileo Technology, Growth Networks, Informatica, Kiva Software, LightLogic,

 

Maker Communications, Metasolv, Phone.com, Quantum Effect Devices, Riverbed, Sirocco, Virsa Systems and Waveset.  For more information, visit the Lightspeed website: www.lightspeedvp.com.