“We view Silicon Valleyas a key region for I-Bankers Direct, bothfrom the standpoint of sourcing investmentopportunities for our platform as well assourcing high-net-worthinvestors for thetransactions”
June 17, 2013 11:43 AM Eastern Daylight Time
Equity Crowdfunding Platform I-Bankers Direct Establishes Silicon Valley Presencewith Strategic Advisor
Noted Silicon Valley Investor & Technology Leader Humphrey Polanen to Drive Strategic Initiatives in RegionSTAMFORD, Conn.--(BUSINESS WIRE)--I-Bankers Direct today announced that Humphrey Polanen has joined thecompany as a managing director. Based in Palo Alto, CA, Mr. Polanen is widely recognized for his decades of experienceas a technology executive, entrepreneur, venture investor and international corporate attorney. He currently focuses onbuilding the company’s ecosystem, identifying and evaluating fundraising opportunities for placement on the I-BankersDirect equity crowdfunding platform (www.ibankers.com), and establishing relationships with associations of high networth investors and with the venture and angel investor community.With 24/7 online access to video presentations, offering documents, managementconference calls, company slide decks and other decision-making support, the I-BankersDirect platform provides accredited individual investors with the ability to evaluate andinvest in promising business opportunities, based on their own schedule and from anyInternet-connected device.“We view Silicon Valley as a key region for I-Bankers Direct, both from the standpoint of sourcing investment opportunities for our platform as well as sourcing high-net-worthinvestors for the transactions,” said Mr. Polanen. “Companies in Silicon Valley received41% of all U.S. venture investment in 2011 and, on a per capita basis, the area is hometo the country’s greatest concentration of wealth and of savvy technology investors. TheI-Bankers Direct platform aims to provide access to capital for emerging growth-stagebusinesses. I am excited that our platform will enable promising entrepreneurial companies led by great teams to buildgreat companies.”Mr. Polanen currently serves as a director of two public companies, Edgewave Software, which he took public as CEO,and Heritage Commerce Corp., a bank holding company of which he was a co-founder. He is also on the board of severalprivate companies, including uCirrus Corp., a venture-stage company focused on real-time data management, andPunchlime, an accelerator for early-stage companies. Previously, Mr. Polanen founded and was Managing GeneralPartner of Internet Venture Partners, a European venture capital management firm for technology companies. Prior tothat, he was General Manager of two divisions of Sun Microsystems, where he led the Internet Commerce Group andthe Network Security Division. He also held executive positions at Tandem Computers, where he oversaw corporateventures and emerging market development. A graduate of Harvard Law School, he started his career as an internationalcorporate lawyer.
About I-Bankers Direct
Equity Crowdfunding Platform I-Bankers Direct Establishes Silicon Valle...http://www.businesswire.com/news/home/20130617006158/en/Equity-C...1 of 36/18/2013 9:58 AM