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Charles R. Lax

Managing General Partner GrandBanks Capital

Charley is a Co-Founder and Managing General Partner of GrandBanks Capital, focusing on investments in Internet infrastructure, software and software services, security and storage applications, mobile media, financial technologies and services, and wireless technologies and services. Charley’s investment career includes investments in 48 portfolio companies, which have resulted in 36 exits thus far. His track record includes 15 companies that went public, of which 10 achieved market caps in excess of $1 billion. The combined value of exits during Charley’s venture career has been over $6.1 billion which includes the $4.3 billion purchase of GeoCities by Yahoo!. Charley was recently named one of the top 50 venture capitalists on the east coast by AlwaysOn. Charley currently serves on the boards of a number of GBC companies, including; GlassHouse Technologies, KnowledgeVision, SendMe Mobile, SilverRail Technologies and TIM Group.