Special Limited Partners
Yaletown’s Special Limited Partners have founded, built, and financed many of the companies at the core of our region’s technology and cleantech clusters. They are close strategic advisors to the General Partners and their experience and networks are available to each of the Fund’s portfolio companies.
Glenn BindleyCEO, Redlen
Co-founder, PMC- Sierra (past)
Glenn was a co-founder and senior executive of PMC-Sierra (NASDAQ: PMCS). As General Manager of its largest division, Glenn helped grow PMC-Sierra into a global semiconductor leader. Currently, Glenn is CEO of Yaletown portfolio company Redlen Technologies, a maker of semiconductor materials used in medical imaging and solar energy applications. Under Glenn’s leadership, Redlen has transitioned from R&D to commercial production and sales with a customer list that includes GE, Siemens, Spectrum Dynamics and First Solar. An engineer/MBA, Glenn began his career in technical, product management and business development roles with Nortel and MPR Teltech.
Haig FarrisPresident, Fractal Capital
Co-founder & Partner, Ventures West (past)
A pioneer of the venture capital industry in Canada, Haig co-founded Ventures West in 1968 and spent twenty-five years working to establish the venture capital industry in Canada. Since retiring from the firm he founded, Haig has become one of the most active and successful technology angel investors on the West Coast. He has been instrumental in the creation, growth, and success of dozens of technology companies and careers spanning four decades. Haig has served as co-founder, chair, and director of many high-profile companies, university and industry associations, and has been honoured by the Science Council of BC and the BC Technology Industries Association with awards for lifetime achievement and contribution to technology on Canada’s West Coast.
Greg PeetCEO. A.L.I. Technologies (acquired by McKesson, 2002)
Greg is an accomplished business leader, entrepreneur, angel investor and corporate director. Until 2004, he was VP and General Manager of the McKesson Medical Imaging Group, a role he assumed following McKesson’s (NYSE:MKE) acquisition of A.L.I. Technologies in 2002 for over $500 million. As CEO, Greg spent a decade directing the growth of A.L.I., from an R&D organization into a market leader in the digital medical imaging segment with over 400 employees. Greg was recognized as the Ernst & Young’s Pacific Entrepreneur of the Year in 2002, and B.C. Technology Industry Association’s “Person of the Year” for 2007. Prior to ALI, Greg was CEO of Enterprise Technologies and Norsat. He began his career in the financial services industry. Greg currently serves on a number of company boards, and is Co-Chair of the B.C. Premier's Technology Council.
John SeminerioPartner, Magellan Partners
Co-founder & CEO, OctigaBay (acquired by Cray, 2004)
Co-founder & CEO, Abatis (acquired by Redback, 1999)
John is an entrepreneur with an impressive track record in communications, networking, and high-performance computing. John co-founded super-computer company OctigaBay Systems, which was acquired by Cray (NASDAQ:CRAY) in 2004 in a transaction that was recognized as “Deal of the Year” by the Canadian venture capital industry. John earlier co-founded Abatis Systems, which was purchased by Redback (NASDAQ:RDBK) for over C$1 billion, generating one of the highest returns in Canadian venture capital history. With his two co-founding partners from Abatis and OctigaBay, John is currently a Partner of Magellan Partners, a venture development company that provides angel capital and hands-on mentorship to BC information technology companies. An electrical engineer, John honed his sales and leadership skills at Nortel and DSC. He has received the Engineering Alumni Achievement Medal from the University of Waterloo and has been honoured as “Person of the Year” by the BC Technology Industries Association.
Martin TobiasFounder & CEO, Kashless
Chairman & CEO (past), Imperium Renewables
Founder & CEO, Loudeye (Nasdaq IPO, 1999)
Martin is a serial entrepreneur with credentials in Cleantech and Digital Media. He is currently CEO of Seattle-based collective buying and social commerce site Tippr, and CEO of marketplace software developer Kashless, also in Seattle. Previously, Martin was CEO of Imperium Renewables, a pioneer in bio-diesel production, and founding CEO of Loudeye Technologies, a developer of internet audio and video software acquired by Nokia. In addition to working with Yaletown, Martin serves on the Venture Council of Industry Ventures, and is a director of Cloudmark. As a former Venture Partner at Ignition Partners, and a co-founder of the Northwest Energy Angels, Martin has financed and provided guidance to over two dozen technology start-ups in WA, OR, and BC.
Ralph TurfusFounder & CEO, Class Software (acquired by Active Network, 2004)
Chair, Redlen Technologies
Ralph is an accomplished technology entrepreneur who has spent three decades in the IT sector. Most recently, he was founder and CEO of Class Software, a leading developer of software for municipal government. In 2004, Class was acquired by California-based Active Network in a private equity-financed transaction. An engineer/MBA, Ralph’s passion is developing the marketing and sales capabilities of entrepreneurial technologists. He is a highly-regarded speaker on the topic and is a hands-on angel investor and mentor who is active with the founders of numerous next-generation technology companies emerging on Canada’s west coast. In recognition of his business success and industry contributions he was named the B.C. Technology Industry Association’s “Person of the Year” in 2006. Ralph is currently the Chair of the Board of Redlen Technologies, a Yaletown portfolio company.
Laurie WallaceChair, PartnerPedia
Co-Founder & President, FlyOver Entertainment
(acquired by Vivendi, 2006)
Co-founder & CEO, Datum (acquired by PMC-Sierra, 2000)
Laurie is a serial entrepreneur who has, to date, launched and led two successful technology companies in the digital media and wireless sectors. Currently, Laurie is Chair of PartnerPedia, a provider of private label mobile & cloud application stores and marketplaces. Previously, Laurie co-founded and led online casual game developer FlyOver which was acquired by Vivendi Games in 2006, and co-founded Datum Telegraphic, a designer of semiconductors for the wireless data base station market. Acquired by PMC-Sierra for over $200 million in 2000 generating one of the highest returns ever in BC for an angel-backed company, Datum became PMC-Sierra’s wireless products division. Laurie led PMC-Sierra’s wireless marketing initiatives throughout Asia, Europe and North America until his departure in 2003. Prior to becoming an entrepreneur, Laurie worked in systems engineering, sales and executive management with industry leaders MPR Teltech, IBM and Apple.