TORONTO, ONTARIO and MENLO PARK, CALIFORNIA -- (Marketwired) -- 06/27/13 -- Relay Ventures today announced that Geoff Beattie has joined the firm as Chairman. Beattie is the former CEO of The Woodbridge Company - a privately held investment holding company for Canada's Thomson family - where he served as president for 15 years. A long-time advisor to Relay Ventures, Beattie was instrumental in the launch of the firm's first mobile fund in 2008.
"We have a strong history working with Geoff, and bringing him on board as Chairman is an important part of our strategic plan to establish Relay Ventures as Canada's pre-eminent venture capital firm," said John Albright, co-founder and managing partner at Relay Ventures.
Relay Ventures is the only early stage venture fund in North America focused exclusively on mobile computing. The firm has more than 40 mobile startups and later stage companies in its portfolio, and is the only Canadian VC fund with a full-time presence in Silicon Valley.
"To be a globally competitive Canadian-based venture capital firm requires a base of knowledge, expertise and contacts that will allow us to scale into a larger sustainable business," says Kevin Talbot, co-founder and managing partner at Relay Ventures. "Geoff has a wealth of knowledge and experience in strategy, governance and business operations that will support our long-term plans and benefit each of our portfolio companies. We are thrilled to have him on our team."
"I've had the privilege of working with John and Kevin since the inception of Relay and look forward to helping them aggressively pursue new opportunities and achieve their objectives," says Beattie. "As Chairman, I will readily share my insights, advice and extensive network to further establish the firm as a global force in the rapidly growing mobile industry."
Beattie is a well-respected and experienced corporate director and currently serves on the boards of General Electric Company, Royal Bank of Canada, and Maple Leaf Foods Inc., and is a trustee of the University Health Network in Toronto. He has a law degree from the University of Western Ontario, and served as a partner in the Toronto law firm Torys LLP.
About Relay Ventures
Relay Ventures is an early-stage venture capital firm that invests in passionate entrepreneurs disrupting and creating new markets through mobile technologies. Unlike other funds, Relay exclusively focuses on software for mobile devices and the connected Internet, creating an unparalleled set of networks and resources that tangibly help founders build world-class companies. With offices in Menlo Park and Toronto, the firm is active throughout North America. For additional information, visit Relay Ventures.
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