Biography
Basil Horangic, Partner, joined North Bridge Venture Partners in 2007 to help open the California office. He focuses on innovations in physical devices and technical software.
Basil is interested in the whole production chain, from creation of new materials, capital equipment and design software, to the components, chips and machines that are used to produce, to the systems built from those elements to fulfill infrastructure, energy, medical and consumer needs. Basil loves building new things that are better, faster and cheaper. He has started and been initial CEO of three companies: Conformative, an XML processor now part of Intel, Copan, an archival storage system now part of SGI, and Raging Mobile, a wireless device idea currently in stealth.
Basil has been the first venture backer of all of his current North Bridge investments, which include Black Sand (power amps), Cool Planet (biofuels), Revolution (analytics) and Zeta (housing). He was also the first backer of Newisys (servers), now part of Sanmina; Coldwatt (power supplies), now part of Flextronics; Augmentix (servers), now part of Entorian, Alereon (wireless chips) and Pyxis (design software), still private.
He primarily likes to work at the early stages of getting companies up and running, but will also look at selective Series B opportunities. In the past he has sourced and led Series B investments in Spring Tide (networking) and Telica (networking), both now part of Alcatel-Lucent; CoreTek (lasers), now part of Nortel; Sychip (wireless modules), now part of Murata; Vicinity (mapping), now part of Microsoft; Entevo (configuration), now part of Symantec; TheStreet.com (news), which is public; and Egenera (servers) which is still private.
Basil is a graduate of MIT with an BS in Computer Science; an BS in Economics, and an MS in Operations Research. He received an MBA from the University of Chicago, and is still hoping to finish his PhD there in Economics. He spent his early years at Goldman and McKinsey, and his initial venture years as a Principal at Oak Investment Partners, and then a Partner at Austin Ventures.