For the third year in a row, TrueBridge Capital has partnered with Forbes to cultivate the most exciting billing in venture capital, The 2013 Midas List, which rumor has it will be published shortly. We have been gathering and analyzing data throughout the year, employing the same tested and data-driven process with which TrueBridge underwrites its investments, and using our broad networks to assess the state of the venture capital industry as a whole.
As in 2011 and 2012, we have also selected the best of the best from the next generation of venture capitalists, based on quantitative data and qualitative references confirming the sentiment throughout the industry. The 2013 Midas List: Hot Prospects consists of investors who are keeping the industry on its toes and are poised to break into future Midas editions. The venture capitalists featured below all have signature investments, and entrepreneurs are highly attuned to these investors’ criteria. A combination of brilliant company recognition and plain hard work has helped these investors achieve success. Without a doubt, they are worthy of top billing; one investor from last year’s draft is included on this year’s Midas List (stay tuned!), and we expect that some of the VCs listed below will bump up a weight class or two in the future.
Frank Artale, Ignition Partners
Although relatively new to professional venture investing, Artale has been around the software industry for years. His experience as the founder of Consera Software and time spent building giants like Microsoft , XenSource, and Citrix have given him deep insight into the rapidly growing cloud and virtualization spaces. Before joining Ignition Partners, he was a member of Accel’s venture development team and advised companies such as Cloudera, Couchbase, and Xensource before ultimately joining the executive team at Xensource. He has quickly burst onto the enterprise investing scene, making investments in Bromium, a next-generation virtualization company, ServiceMesh, the fast-growing definer of hybrid IT, and the aforementioned Cloudera, which is now a $700 million company. Watch out for Artale and his reputation as an operator; entrepreneurs love working with him. He is the kind of guy who returns calls within the hour and has a widespread network from the Bay Area to Seattle to New York. We will certainly be tracking the moves that he makes.
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