TMCnet News
MK Capital Welcomes Industry Veteran Neil E. Cox as Venture Partner; Cox Brings Nearly 30 Years of Investment and Operation Expertise to MK Capital TeamNORTHBROOK, Ill. --(Business Wire)-- July 11, 2005 -- MK Capital, a leading venture capital firm based in Chicago, today announced the addition of Neil E. Cox to the organization. Cox will join the Firm as a Venture Partner and will be part of the MK Capital investment team. His investment expertise is in companies providing information technology solutions for service providers and enterprises that improve the overall performance of the entity. "Neil is the kind of veteran executive MK Capital is fortunate to have to complete our investment team," said Bret Maxwell, managing general partner of MK Capital. "His knowledge of companies in the service provider space and investment expertise is a natural fit for us. He is a welcome addition to the MK Capital team." Prior to joining MK Capital, Neil was the executive vice president of Science Applications International Corporation (SAIC) responsible for next generation technologies and networks for both wired and wireless businesses. He has also served as President of Ameritech Information Industry Services, a $1 billion division; President of SecurityLink from Ameritech, the 2nd largest security monitoring business in North America; and was responsible for Ameritech's International Operations. Cox has served on the Board of Directors of numerous domestic and international companies. Neil is a graduate of Purdue University. Each member of the MK Capital team has extensive experience in managing venture funds, as well as managing entrepreneurial ventures. Through the team's experience managing funds in a prior organization, members of MK Capital have overseen 10 prior funds since 1985 totaling over $750m in capital with over 200 portfolio company investments. Members of the MK Team have directly led over 75 portfolio company investments with many successful exits including more than 15 IPO's and over 30 profitable portfolio company acquisitions/mergers. Maxwell, along with Mark Koulogeorge, will serve as managing general partners of MK Capital. Karen Buckner, Neil Cox and Mark Terbeek will serve as partners in the fund. MK Capital focuses on emerging companies that use technology in providing a service offering or a product to solve business problems. With this focus, MK Capital is able to work in concert with its portfolio companies as they develop, focusing on business strategy, development of cost effective and sustainable distribution channels, refining and perfecting the business model, maintaining and enhancing the customer value proposition, building the organizational team and raising additional capital, as needed. About MK Capital MK Capital was founded in 2003 by a stellar team with over 40 years of venture capital experience. MK Capital provides venture capital to help entrepreneurs in their quest to build successful businesses. We understand building lasting companies is a complex and difficult endeavor. We also recognize that entrepreneurs are the essence of success, and our passion is working collaboratively with the management teams as we jointly navigate the thrilling but dangerous waters of growth. Our team has over 40 years of venture capital experience and a long history of investing and managing venture funds. In addition, each team member has previously been an entrepreneur and manager. We have advised dozens of companies as board members in a variety of economic cycles, industries and stages of development. Each team member plays an active role both in the Fund's investment activities and in assisting portfolio companies. For more information, please visit MK Capital's Web site at www.mkcapital.com. |
