LOS ANGELES -- (BUSINESS WIRE) -- Greycroft Partners LLC, a venture capital firm that specializes in Internet and media investments headquartered in New York and Los Angeles, is pleased to announce the addition of a new Partner, Mark Terbeek, to the investment team. Mark will be based in the LA office along with Partner and Co-Founder Dana Settle. Mark will utilize his expertise and knowledge to focus on investment opportunities in the digital media sector with an emphasis on online video.
Mark will draw on years of experience as a Partner with MK Capital, where he concentrated on investments in the digital media and data center automation sectors. Prior to MK Capital, Mark also co-founded Jamcracker Inc., an early software as a service (SaaS) company, where he served as vice president of corporate development. Mark also worked at McKinsey & Co., a management-consulting firm early on in his career.
“I am really excited to join the Greycroft team. The firm's institutional knowledge in advertising technology, digital marketing and SaaS software is a perfect match for my background in media investing,” said Mark. “As the only venture firm in the country with offices located in New York and Los Angeles, we believe we are poised to help our portfolio companies as they expand in these critical media markets.”
Mark was involved with and sat on the Board of Directors of many successful investments, including Machinima, ZEFR, AwesomenessTV, DramaFever, Bladelogic, Kontiki, and VPNet Technologies. He was also a Board Observer at Exodus Communications. Mark is a graduate of DePauw University and the Stanford University Graduate School of Business.
"We are thrilled to add Mark. His experience as a venture capitalist and entrepreneur is a good complement to our existing team, and his style is a perfect fit for Greycroft,” said Dana Settle, Partner and Co-Founder of Greycroft Partners. “We are looking forward to working with Mark to expand our West Coast presence."
About Greycroft Partners:
Greycroft Partners is a leading early stage venture capital firm focused on investments in digital media. With offices in the two media capitals of the world - New York and Los Angeles – Greycroft is uniquely positioned to serve entrepreneurs who have chosen us as their partners. Greycroft leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, successfully bring their products to market, and build successful businesses. Greycroft manages $400MM and has made over 75 investments in leading companies including Babble, Buddy Media, Collective, Huffington Post, Klout, M5 Networks, Maker Studios, Paid Content, Pulse, and Trunk Club. For more information please visit the Greycroft Partners website at http://www.greycroft.com.