David Edwards and Jim Woolsey have joined the cleantech team of VantagePoint Venture Partners as a partner and venture partner, respectively. The firm also promoted Marc van den Berg to managing director.
Edwards previously was an equity research analyst with Morgan Stanley, covering the cleantech industry. Woolsey is the former Director of the CIA, and has served as a senior advisor to VantagePoint since 2006. Van den Berg joined the firm in 2006
VantagePoint Venture Partners, one of the nation's premier venture capital firms, today announced the expansion of its CleanTech investment team with the appointments of R. James Woolsey as Venture Partner and David Edwards as Partner. These additions will enhance an existing team of exceptional leaders who contribute experience and expertise to a diverse and increasing portfolio of companies. The Firm also announced the promotion of Marc van den Berg to Managing Director.
Woolsey, driven by concerns for national security, has been a long time advocate for clean energy with particular interest in distributed generation, electric transport and biofuels. Woolsey has been a senior advisor to VantagePoint since 2006 and former Director of CIA (1993-95). “He brings a unique combination of passion, operational expertise and an insider's perspective of the governmental landscape to assist entrepreneurial companies as they navigate the CleanTech terrain and reach global scale,” said Stephan Dolezalek, Managing Director and Head of the CleanTech Practice Group.
Edwards joins the Firm from Morgan Stanley where he covered the CleanTech industry as an equity research analyst focused on the solar, wind, storage, efficiency, and biofuels markets. He is steeped in the market dynamics of the CleanTech industry and possesses a valuable perspective that will benefit portfolio companies as they move from development to commercialization and into the public markets.
Van den Berg joined the Firm in 2006 with more than 25 years technology and industry experience. Having participated in building three successful companies in the energy, water and semiconductor sectors, he contributes a rare depth of operating experience and technical knowledge to our portfolio companies. Van den Berg is focused on solar, lighting, storage and smart grid technologies. He works with key portfolio companies Bridgelux, Miasole and Angstrom Power.
VantagePoint has established a leading CleanTech Practice with the team, resources and relationships necessary to meet the large and rapidly growing opportunity. “The scope of the issues being addressed — energy security, climate change, clean water and resource scarcity — represents an opportunity of substantial magnitude, and we have assembled a team that knows how to build companies that will have significant impact and transform their industries,” said Alan Salzman, Managing Partner and CEO, VantagePoint Venture Partners.
R. James Woolsey, Venture Partner Jim has served four times in the federal government for a total of 12 years, holding Presidential appointments in two Democratic and two Republican administrations. He served as Director of Central Intelligence (1993-95), Ambassador and Chief Negotiator for the Conventional Armed Forces in Europe (CFE) Treaty in Vienna (1989-91), Delegate at Large (on a part-time basis) to the Strategic Arms Reductions Talks (START) and the Defense and Space Talks in Geneva (1983-86), Under Secretary of the Navy (1977-79), and General Counsel to the U.S. Senate committee on Armed Services (1970-73). He received an AB from