Michael Silton
Managing Director at Act One Ventures LP- Claim this Profile
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Bio
Experience
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Act One Ventures
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United States
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Venture Capital and Private Equity Principals
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1 - 100 Employee
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Managing Director
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Mar 2016 - Present
Greater Los Angeles Area Act One Ventures is a Los Angeles headquartered venture capital firm investing in business software. The firm has $143mm in AUM across three funds and SPVs, and has built a deep and diverse network to help guide our portfolio founders. We have a relentless commitment to diversity because it’s good business and good for the community. 70% of our portfolio companies were founded by people of color, LGBTQ+, or women. We leverage our experience as founders and our network to support the growth of… Show more Act One Ventures is a Los Angeles headquartered venture capital firm investing in business software. The firm has $143mm in AUM across three funds and SPVs, and has built a deep and diverse network to help guide our portfolio founders. We have a relentless commitment to diversity because it’s good business and good for the community. 70% of our portfolio companies were founded by people of color, LGBTQ+, or women. We leverage our experience as founders and our network to support the growth of exciting startups. If you are looking for funding, the best way to reach us is through info@ActOne.VC. Check out our website to see what types of companies we have invested in and what information we look for. The firm is led by B2B software founders. As entrepreneurs, we have had failures, successful exits and an IPO so we understand the journey and look to share our experiences with our founders. We typically lead priced rounds at the Seed and Pre-Seed stage. Our initial check ranges from $500K to $2.5mm. We only invest in business software. We have a particular interest and expertise in e-commerce infrastructure, vertical SaaS and Fintech. Many of our investments are in the greater L.A. area but we will invest in great founders across the U.S. and Mexico. Our portfolio companies include AuditBoard, Dray Alliance, Finix Payments, Narrativ, Ordermark, Repeat, Tapcart, and many more. Follow-on investors have included Sequoia Capital, Bain Ventures, Battery Ventures, Lightspeed Venture Partners, Matrix Partners, Foundry Group, Greycroft, Google, Craft Ventures, Addition Capital, Softbank Group, SignalFire, and Inspired Capital. Show less
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UCLA Ventures
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United States
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Venture Capital and Private Equity Principals
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1 - 100 Employee
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Executive Director / Chair
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Nov 2012 - Feb 2016
Greater Los Angeles Area Inspiring entrepreneurship in the UCLA community of alumni, students and faculty. Providing access to capital and connections. Portfolio includes Cloudera, DogVacay, Formative, Twitter, SolarCity, Kythera Biopharmaceuticals, Vicept Therapeutics and TheBouqs. Founding member in 1999. Leading entrepreneurial focus since 2006. Executive Director / Chair 2012-2016.
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Rainmaker
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IT Services and IT Consulting
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200 - 300 Employee
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CEO Founder
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Sep 1998 - Oct 2012
Silicon Valley Founded company and took public on Nasdaq. Grew to over 1,500 employees worldwide. CEO for over 43 public quarters. Peak market cap in excess of $1 billion. Multiple years on Deloitte & Touche Fast 50. Leading provider of SaaS solution for global B2B eCommerce across entire customer lifecycle. Sell, Renew, Educate, UpSell. Clients included Microsoft, Abbott, HP and Vanguard.
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Co-Founder
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Jan 1991 - Aug 1998
Silicon Valley A pioneer in electronic software licensing and distribution. The leading direct marketer of complex Unix based software products. Co-founded company, built to profitability and significant revenue. Sold to Savoir Technology (now Avnet). Multiple years on the Inc. 500 fastest growing private companies list ranked as high as #22 in USA.
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Education
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University of California, Los Angeles - The Anderson School of Management
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Swarthmore College
Bachelor's degree -
Harvard-Westlake School