Silicon Valley-based venture capital firm Bessemer Venture Partners (BVP) has appointed Jeff Epstein, the former vice president and chief financial officer of $150bn technology giant Oracle, as an executive in residence (EIR).
Prior to joining Oracle, Epstein was executive vice president and chief financial officer of several public and private companies, including DoubleClick, which was sold to Google, King World Productions, which was sold to CBS, and Nielsen’s Media Measurement and Information Group.
Earlier in his career, Epstein was an M&A investment banker at The First Boston Corporation. He is also a member of the board of directors of Priceline.com, where he serves on the Audit and Compensation Committees, a member of the Audit and Compliance Committee of the Stanford University Hospital, and serves on the Management Board of the Stanford Graduate School of Business.
As an EIR with BVP, Epstein will be working with the investment team to evaluate a broad range of opportunities in areas including cloud computing, internet advertising technology, and consumer internet. He will also assist BVP portfolio companies with strategic initiatives, planning, and operations.
Byron Deeter, a partner at BVP, said, “We are thrilled to be partnering with Jeff. He is a phenomenal financial executive with a long track record of success, invaluable management expertise and an unparalleled understanding of the fast growth areas of cloud computing, advertising technology and consumer internet. Jeff’s unique skill set is an excellent complement to our investment team and will be a tremendous benefit to our portfolio companies.”
Earlier this month BVP joined the venture capital arm of semiconductor chip making giant Intel in a $35.5m Series E financing round for Delivery Agent, a US-based multi-channel commerce technology company.
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