Venture Capital Veteran Steve Murray Joins Revolution Growth as Partner
Former Softbank Managing Director Brings 25-Year Investing Track Record to Expanding Revolution Growth Team
Washington, D.C. – January 19, 2016 –Today, Revolution Growth, the D.C.-based VC firm co-founded by Steve Case, Ted Leonsis and Donn Davis, announced that it is welcoming Steve Murray, a 20-year veteran of Softbank, who has overseen investments in a range of breakout companies, most recently backing FitBit, xAd and Kabbage.
“Steve’s track record of investing in successful, high-growth companies makes him the perfect addition to the Revolution team,” said Donn Davis, co-founder and partner at Revolution Growth. “We’re delighted to have Steve on board as we continue to expand the team and execute on our mission to partner with great entrepreneurs building the next generation of iconic companies.”
Murray is the latest team member to join the expanding Revolution Growth team, which welcomed three new vice presidents last month, bringing more than 25 years of experience with high growth technology businesses. Previously with Softbank, Murray worked effectively for nearly 20 years with some of the most important technology companies of our generation including Yahoo, Etrade, GeoCities, Ziff Davis, GSI Commerce, Buzzfeed, Criteo, Fitbit, xAd, Kabbage and many others. Murray and Softbank have collaborated with Revolution Growth as co-investors in Bigcommerce and Echo360, where Murray has served on the board of both companies.
“Over the past several years, I’ve had a front-row seat to watching Steve, Donn, Ted and the team build Revolution Growth, which has taken its place as one of the premier growth capital firms in the country,” said Murray. “I look forward to joining the team and playing a role in discovering and investing in great, disruptive young companies who are prime for significant growth.”
He was also a partner and managing director at Softbank Capital where he coordinated and organized the operations of the team’s venture activities across multiple funds, geographies and investment agendas. Steve has served on the Board of Directors of both public and private companies and has extensive experience in fundraising, M&A, operations and all levels of corporate governance.
Steve started his career at the international accounting and consulting firm, Deloitte, and graduated from Boston College with a degree in Accounting. He joins Revolution Growth effective January 25th.
About Revolution Growth
Founded and led by Steve Case, Ted Leonsis, and Donn Davis, Revolution Growth invests in companies that can change the world. Its mission is to build disruptive, innovative businesses that offer consumers more choice, convenience and control in their lives. By taking a long-term approach and developing a true, hands-on partnership with entrepreneurs and management teams, Revolution Growth brings a unique strategy and passion to investing in and building significant companies. For more information, visit www.revolution.com/growth.