Stephen J. Socolof, Managing Partner, is a founder and member of the investment committee of New Venture Partners since 2001. Steve has spent his career focusing on corporate innovation. Steve works with leading global technology corporations to help spin-out, commercialize, and scale up new business opportunities in semiconductors, software & systems storage, for wireless communications and IT.
Previously, Steve joined Lucent Technologies in 1996 to establish Lucent’s New Ventures Group that was responsible for incubating and launching new ventures to commercialize technology from Bell Labs. Lucent’s New Ventures Group became the benchmark corporate venture organization for commercializing internally-developed technology. Before joining Lucent, Steve spent eight years with Booz, Allen & Hamilton Inc., where he was a leader of the firm’s innovation consulting practice.
Steve is currently a director of Everspin Technologies, GainSpan Corporation, NVMdurance and Vason Networks. He was a director of SyChip, Inc. before its acquisition by Murata and an investor and observer of Flarion Technologies, Inc. until its acquisition by Qualcomm, and lastly, of Silicon Hive until its acquisition by Intel. In addition, he was the early lead on helping launch iBiquity Digital Corporation, Internet Photonics, Inc., and Lucent Digital Video.
Steve chaired the National Venture Capital Association’s (NVCA) Corporate Venture Group (CVG) Advisory Board for a one year term in May 2012. The CVG comprises that part of the NVCA membership made up of corporate venture arms. The CVG Advisory Board is responsible for developing programs to build better communication and practical cooperation between CVGs, venture capitalists, start-up companies, and entrepreneurs. The Advisory Board leverages and extends the resources of the NVCA to create best-in-class educational and networking opportunities for corporate venture programs of all charters, sizes, business types, industries, and stages of development.
Steve holds a BA in Economics and a BS in Mathematical Sciences from Stanford University and received his MBA from the Amos Tuck School at Dartmouth College, where he was a Tuck Scholar. He currently serves on the board of the Center for the Study of Private Equity at the Tuck School.
Everspin, GainSpan, NVMdurance and Vasona Networks
AirClic, Alverix, Aralight, CrossFiber, DAFCA, Flarion, GlobalCast Communications, Internet Photonics, ISPsoft, Lucent Digital Video, Maps On Us, Own Products, Procelerate Technologies, SavaJe Technologies, Silicon Hive and SyChip