MENLO PARK, Calif., Feb. 7 /PRNewswire/ -- Sofinnova Ventures, a
venture capital firm specializing in early-stage Life Science and
Information Technology (IT) investments, today announced the addition of
David Hytha to the firm's IT team. In his role as Executive-in-Residence,
David will help Sofinnova identify exciting investment opportunities in the
mobile telecommunications sector, as well as work with portfolio company
executives to build and grow their businesses.
"Sofinnova and its portfolio companies will benefit greatly from
David's vast knowledge and global experience establishing new companies and
technologies," said Eric Buatois, General Partner of Sofinnova Ventures.
"David offers tremendous insight on technology issues, market
opportunities, and global operations within domestic and international
About David Hytha
David has been developing and growing multiple mobile communications
businesses over his 25-year career. Beginning at AT&T in the early 1980s,
David established both its semiconductor business in Japan, and its
wireless infrastructure operations in Japan. While at AT&T, David founded
the first department of Bell Laboratories outside the United States. In
1994, David developed new businesses for AT&T/McCaw Cellular and started
what became FarEasTone, a major GSM operator in Taiwan. While at Motorola
in 1994, David was awarded the world's first 3GSM handset contract with NTT
DoCoMo. David was also CEO of LGC Wireless, where he shipped the world's
first distributed mobile antenna systems. In 1998 he joined Silicon Wave
where he shipped the world's first standards-compliant Bluetooth chipset,
which sold to RFMD in 2003.
David joined T-Mobile in Europe in 2003 as Executive Vice President,
Terminals and led the world's first reverse auction for mobile phones. He
was also part of the team that released Web n' Walk, the first open access
to the Internet from a major wireless carrier.
David serves on the board of directors of Streamezzo Ltd., Renaissance
Wireless and Catalyst Mobile, and he holds an MBA from Columbia University
and a BA from the College of the Holy Cross.
About Sofinnova Ventures
Founded in 1974, Sofinnova Ventures is a leading venture capital firm
specializing in spin offs and emphasizing a diversified investment strategy
through the financing of early stage companies in the life science and
information technology sectors. Sofinnova's mission is to create value by
providing entrepreneurs with the resources, experience and networks
necessary to turn their ideas into profitable businesses. For more
information, visit http://www.sofinnova.com.
SOURCE Sofinnova Ventures