||FOR IMMEDIATE RELEASE: August 20th, 2014
Kate Mitchell of Scale Venture Partners Rejoins NVCA Board of Directors
ARLINGTON, VA – The National Venture Capital Association (NVCA) today announced that Kate Mitchell, Co-Founder and Partner of Scale Venture Partners and former Chairman of the NVCA Board of Directors, will rejoin NVCA’s board as a director effective immediately. Mitchell’s term will expire in 2016 and comes after Adam Grosser, Managing Director of Silver Lake Kraftwerk, resigned from the NVCA board. Mitchell previously joined the NVCA board as a director in 2007 and then later served as chairman from 2010 to 2011.
Scott Sandell, General Partner of New Enterprise Associates (NEA) and Chairman of the NVCA Board of Directors, welcomed the return of Mitchell to the board, confident her past experience would benefit NVCA’s advocacy efforts in Washington, DC.
“We are excited to have Kate rejoin the NVCA team. She was a standout player when she first joined the board as a director and later demonstrated exceptional leadership as chairman,” said Sandell. “Kate did a tremendous job pushing the JOBS Act across the goal line in 2012, and the expertise and energy she brings to the board will be highly valuable as we work to move the needle in other policy areas important to the venture community.”
Bobby Franklin, President and CEO of NVCA, applauded the return of Mitchell to NVCA’s board, heralding her as an important spokesperson for the industry.
“Kate is a tremendous talent and a high-value asset not just to NVCA but the larger venture community. Her ability to effectively communicate the vital role of venture in our economy combined with her on the ground experience advocating for polices to strengthen the startup ecosystem will be critical in the coming years,” said Bobby Franklin. “I’m excited to see what’s in store for us with Kate back on the team. We were lucky to have her the first time and we’re even luckier to have her for a second time.”
Kate is a co-founder and partner of ScaleVP, a Silicon Valley-based firm that invests in early-in-revenue technology companies that are looking to scale. Kate and the ScaleVP team have backed successful, high growth companies including ExactTarget (SalesForce), Vitrue (Oracle), Ring Central (NYSE: RNG), Jaspersoft (TIBCO), and Omniture (Adobe). ScaleVP is currently investing its $300M Fund IV in companies in the SaaS, cloud, mobile and internet sectors. Kate is instrumental in building the firm’s team and strategic direction. She also leads investments in software and business services – including infrastructure and mobile.
Kate is past chairman of the National Venture Capital Association (NVCA) and remains active in policy matters that impact entrepreneurship, startups and innovation. She chaired the IPO Task Force, whose recommendations to reform the IPO market were included in the recently enacted JOBS Act. Mitchell received the NVCA Outstanding Service Award in 2013 for her policy work on behalf of the venture ecosystem. Kate writes a regular blog for the Wall Street Journal’s Accelerators forum on topics that impact entrepreneurs and startups. She is also a current board member of Silicon Valley Bankshares (SIVB) and is a charter member of Environmental Entrepreneurs (Silicon Valley).