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Scale Venture Partners Hires Venture Industry Veteran Mary Denten As Chief Financial Officer
June 26, 2007
Foster City, Calif. - June 26, 2007 - Scale Venture Partners (formerly
BA Venture Partners) today announced that Mary Denten has joined
the firm as Chief Financial Officer. Denten, with more than 15 years
in finance and over a decade of experience in the venture industry,
comes to ScaleVP from Global Catalyst Partners, where she was the
firm's CFO. As ScaleVP's CFO, Denten will be responsible for the
financial and administrative functions of the firm.
"Mary brings extensive venture-focused financial experience to
the firm," said Kate Mitchell, Managing Director with ScaleVP. "As
a central member of our team, Mary's knowledge and network within
the venture community will be invaluable as we continue to invest
and manage Fund II and lay the foundation for subsequent funds."
Denten was with Redwood Shores, Calif.-based Global Catalyst Partners
for five years, where she managed a broad range of activities for
the venture capital firm including fund raising, management, accounting,
cash management, reporting, investor relations and portfolio company
financings. She also managed the analysis of four venture capital
funds with more than $300 million in assets and approximately 250
limited partners. Denten also was responsible for all aspects of
the Human Resources, IT and legal functions of the firm, and worked
closely with portfolio companies to establish the structure for
Human Resources and a variety of Finance department functions.
"Scale Venture Partners has had an incredible start to 2007, with
its first institutional fundraising, several financings and five
exits," said Mary Denten. "I'm excited to join the ScaleVP team
at a time of growth and expansion."
Prior to Global Catalyst Partners, Denten was the Controller for
Kleiner Perkins Caulfield and Byers, a Menlo Park, Calif-based venture
capital firm for six years. As Controller, she was responsible for
management, accounting, reporting and investor relations for more
than 25 venture capital funds with over $3 billion in assets and
more than 1,000 limited partners.
Prior to joining Kleiner Perkins, Denten held finance department
positions with Polycom and Price Waterhouse Coopers. She earned
M.B.A. and B.S. degrees from Santa Clara University. Denten also
is a Certified Public Accountant.
About Scale Venture Partners
Scale Venture Partners employs a thesis-based strategy to identify
innovative development-stage technology and healthcare investments.
The ScaleVP team works with technology and healthcare companies
to accelerate their growth and become more valuable to entrepreneurs,
investors and consumers. Based in Foster City, California, the ScaleVP
team collectively offers decades of technology and venture industry
experience to development-stage companies in hardware, software,
healthcare and medical devices. Representative portfolio companies
include Alimera, Frontbridge, Glu Mobile, Good Technology, Monolithic
Power Systems, Omniture, Orexigen, Placeware, ScanSafe, Seattle
Genetics, Somaxon, Wayport and Xceive. For more information, visit
www.scalevp.com.
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