History
Smart Technology Ventures (STV) has been funding and helping
build wireless, fiber optic, Internet infrastructure and other
telecommunications and information technology companies since
1997. Its first two funds, Smart Technology Ventures I and II,
invested in 34 innovative companies, including Innovent Systems
(formerly MicroLink Corp.), Nomadix Corp., Tachyon Corp., Sequoia
Software Corp. (Nasdaq: SQSW), Centillium Communications, Inc. (Nasdaq:
CTLM), Vertical Net (Nasdaq: VERT) and Continuous Computing Corp.
Our principals
have roots as high-tech and telecommunications pioneers extending
back for decades. Our principal investors are managing member
David Nazarian and his family. Mr. Nazarian is a successful
entrepreneur who has founded and built a number of technology
companies, and served on the boards of directors of many others.
He has 15 years' operational and investment experience in the
telecommunications and aerospace industries.
The Nazarian
family has a long and successful track record investing in private
and public companies that drive technological innovation. This
includes a series of aerospace companies that specialize in the
manufacture of high precision electro-mechanical devices (ISO9002)
and customized metal components and assemblies.
In the high
technology sector, the family's investments include a stake in a
Southern California manufacturer of microelectronic circuit
boards. The Nazarians were also one of the lead investors in
Omninet, the dominant provider of satellite based tracking systems
for the transportation industry, which merged with Qualcomm, Inc.
(www.qualcomm.com ) in 1988. As a result, the Nazarian family is a
major shareholder in Qualcomm, the fastest growing Fortune 500
company and a world leader in developing and manufacturing digital
wireless communications and technologies. Qualcomm and Smart
Technology Ventures have developed and continue to build a
strategic relationship. |
