[May 19, 2015]

Bessemer Venture Partners Promotes Charles Birnbaum to Vice President

Bessemer Venture Partners (BVP), a global $4 billion venture capital firm, today announced Charles Birnbaum's promotion to vice president. In his new role, Charles will help lead BVP's New York office in backing great entrepreneurs leading transformative early-stage and hyper-growth companies.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150519005526/en/

Charles Birnbaum, Vice President at Bessemer Venture Partners - Headshot (Photo: Business Wire)

Birnbaum joined BVP in 2013. He is focused on investments in the financial services, education, Internet of things and consumer Internet sectors, and has helped lead Bessemer's investments in August Home, Quantopian, OMsignal, Abacus, BrightBytes and Main Street Hub. Currently, he represents BVP as a director at United Capital and is actively involved at August Home, Betterment, BrightBytes, Main Street Hub, OMsignal, Quantopian and Yodle (News - Alert).

"Charles has been a valuable member of the BVP team, bringing his startup operating and finance backgrounds together to connect with entrepreneurs," said Rob Stavis, partner at BVP. "We are excited for him to expand his contributions to the firm in this new capacity as vice president."

Prior to joining BVP, Birnbaum spent more than three years at Foursquare (News - Alert), the location-based mobile application company based in New York, helping create and bring to market some of Foursquare's first merchant-facing tools. As the company grew, Charles became the director of mobile and international business development, where he focused on building strategic partnerships with carriers and OEMs while leading the company's business development efforts in key growth markets such as Brazil, Russia and Turkey. Prior to Foursquare, Birnbaum spent six years in investment banking and equity capital markets focusing on the technology, media and telecom sectors, and executed more than 50 equity and equity-linked public offerings.

"It has been a privilege to have the opportunity to work with so many talented entrepreneurs during my time at BVP," said Birnbaum. "I look forward to working with my colleagues to continue supporting innovative and passionate teams who are building disruptive businesses in my new role."

Birnbaum holds a Master of Business Administration from the Wharton School, a Master of Arts in international studies from the Lauder Institute at the University of Pennsylvania, and a Bachelor of Arts in history from Northwestern University. Follow him on Twitter (News - Alert) here: @cbirn.

About Bessemer Venture Partners

Bessemer Venture Partners (BVP) invests in early-stage and hyper-growth startups, partnering closely with entrepreneurs to build durable businesses. BVP is a global firm with offices in Menlo Park, Cambridge, New York, Bangalore and Herzliya. With $4 billion under management, BVP invests anywhere from $100,000 to $75 million in innovative companies like Pinterest, Twilio, Box, LinkedIn, Shopify, Mindbody, Yelp, Skype (News - Alert) and CornerstoneOnDemand. Over 100 BVP companies have gone public - in the last three years alone, BVP has had 37 exits (IPO and M&A) and made new investments in more than 70 companies. Learn more at www.bvp.com and follow us on Twitter @BessemerVP.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150519005526/en/

[ Back To TMCnet.com's Homepage ]