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Richard Erickson
Rich Erickson, a General Partner at Updata Partners, brings over 20 years of experience in public and private application development and systems integration companies.
He started his career in the early 1980's with one of the TCP/IP Internet network pioneers, Excelan, where he participated in the company's growth, IPO and ultimate sale to Novell. From 1987 until 1997, as one of two principals of Digital Network Associates (DNA), a private network and systems integrator, he guided the growth of the company through its ultimate sale to United States Office Products. At USOP he subsequently played a key role in the acquisition, divestiture, and integration of numerous technology services businesses.
In late 1999 he joined iXL, an Internet application consulting firm, where he became Senior Vice President of US Operations. During his tenure at iXL, Mr. Erickson headed the restructuring of a 2000+ employee organization, the public to public company merger integration of iXL with Scient in 2001, and the divestiture and sale of several operating business units.
Most recently Mr. Erickson was President and CEO of AlphaNet Solutions Inc., a publicly-held IT outsourcing company that was also an Updata Partners portfolio company. In less than two years he drove the turn around, restructuring and ultimate sale to Ciber (CBR-NYSE) in June of 2003.
Mr. Erickson holds a B.S. in mechanical engineering from Villanova University. He currently serves on the board of Sisu Capital, a European-based hedge fund, and on the boards of Updata Partners portfolio companies Acclaris, Jobs2Web, Interactions and Red Vision.
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