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Charles Lax

Board Observer

Non-Executive Board Members and Advisors

Charley is a Co-Founder and Managing General Partner of GrandBanks Capital, which focuses on investments in internet infrastructure; software and services; security and storage applications; mobile media; financial technologies and services; wireless technologies and services.

Charley’s investment career includes investments in 43 portfolio companies, which have resulted in 34 exits thus far. His track record includes fifteen 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.