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ECAST, INC.
John Taylor Named CEO of Ecast, Inc.
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Ecast's leading investors, whom in the aggregate manage capital in excess of $4 billion
SAN FRANCISCO, CA -- -- Ecast, Inc., the leading provider of digital-downloading, broadband-enabled jukeboxes, has named John Taylor to the position of Chief Executive Officer.
Taylor joined Ecast in 2003 as the senior v.p. of sales and business development and has served as the company's interim C.E.O. since April 2005. Prior to joining Ecast as executive vice president of sales, he was senior director of new business development at Macromedia, where he led the company's effort to enter the enterprise communications market. He has also held executive management positions at Dimension X, which was acquired by Microsoft and Illustra Technologies,
which was acquired by Sun Microsystems. He holds a Bachelor of Science degree from Cornell University.
"The Board is excited about the progress that Ecast has made this past year and fully supports the strategy that John has articulated for the company going forward," said Heidi Roizen, Ecast board member and managing director of Mobius Venture Capital.
"I am proud of the break out year that we had in 2005 and am excited about the future of Ecast. We are committed to delivering innovative new products, programs and value-add services to the operator community that will transform the marketplace," said Taylor.
Ecast's leading investors, whom in the aggregate manage capital in excess of $4 billion, include Mobius Venture Capital, Crosslink Capital, Doll Capital Management, El Dorado Ventures and Escalate Capital Partners.
ABOUT ECAST, INC.: Ecast runs the premier network of digital touchscreen jukeboxes in the US, serving music and advertising to over 10 million consumers per month. Each broadband-enabled jukebox provides the freshest music catalog in the industry, allowing patrons to choose from a massive selection from independent and major record labels. The Ecast platform powers jukeboxes made by manufacturers NSM, Rock-Ola and View. Visit them online at
http://www.ecastinc.com/.
ABOUT MOBIUS VENTURE CAPITAL: With our unparalleled management team and broad financial assets, Mobius Venture Capital has helped great entrepreneurs build world-class companies -- ones that have changed the way individuals and enterprises alike use technology to achieve their goals. Mobius Venture Capital (http://www.mobiusvc.com/) exists to help build the leading technology companies of tomorrow.
ABOUT CROSSLINK CAPITAL: Crosslink Capital, LLC is a leading multi-stage technology venture capital and growth equity investment firm with over $1 billion in capital under management. Crosslink began as a venture capital fund at Robertson Stephens in 1989 and has been independent since January 1999. Its venture investing activities are focused in core technology/ semiconductors, software and services. Crosslink invests in very early, seed
stage financings all
the way through later-stage
private opportunities and into the public market. This strategy allows Crosslink to remain a long-term partner to its portfolio companies. Crosslink Capital was the first venture capital firm in the U.S. to integrate public and private technology investing. To learn more about Crosslink Capital visit http://www.crosslinkcapital.com/.
ABOUT DCM-DOLL CAPITAL MANAGEMENT: DCM (http://www.dcmvc.com/) is a top-performing venture capital firm supporting entrepreneurs building early stage technology companies. DCM funds leading technology companies and manages over $1 billion in capital. DCM offers hands-on operational guidance and access to an extensive network of resources, including close relationships with many of the Pacific Rim's leading companies and investors.
ABOUT EL DORADO VENTURES: Founded in 1986, El Dorado Ventures (http://www.eldorado.com/) is a leading early-stage venture capital firm that invests across the technology sector and focuses primarily on semiconductors and systems, communications, software and services.
ABOUT ESCALATE CAPITAL PARTNERS: Escalate Capital Partners (http://www.escalatecapital.com/) is a private structured finance firm focused exclusively on providing capital to venture-backed expansion and late-stage companies within technology, life sciences and service based industries. The ECP team combines over 80 years of experience in venture capital and commercial finance to deliver a broad array of senior, subordinated and mezzanine debt solutions
that are less dilutive than equity and provide more flexibility than conventional debt from banks or asset-based lenders.
(MARKET WIRE) -- 02/14/2006 |
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