Alexander Galitsky is a co-founder and Managing Partner of Almaz Capital Partners with offices in Moscow, Russia and Menlo Park, CA, backed by Cisco Systems, EBRD and IFC, which he co-founded in 2008. He is well-known innovator, entrepreneur and investor in Russia/CIS, Europe and USA. Prior to Almaz, Alexander formed the ICT investment practice at Russian Technologies, one of the first venture capital funds in Russia and made a several private successful investments. His past and current investments include: Parallels, Yandex, QIK (sold to Skype), Vyatta (sold to Brocade), Acumatica, Jelastic, NavMaps (sold to TeleAtlas), 2Can, Alawar, AlterGeo, SJLabs (sold to VocalTec), EverNote, GridGain, WikiMart, etc.
Prior to investment career, he founded and led as CEO five successful high-tech companies, including ELVIS+, TrustWorks Systems (sold to Hamsard), EzWIM (sold to TMT Ventures), ELVIS Telecom (sold to Telenor), NPC ELVIS. He pioneered in WiFi and Virtual Private Network technology and product development on the Global market in partnership with Sun Microsystems and was a pioneer of Russian Internet industry back in 90th. Prior to becoming an entrepreneur, Alexander served as one of the top Technical Executives for the Soviet Space industry, including space station MIR and Soviet “Star War” response.
He has over 30 patents for numerous inventions, including parallel processing, WiFi and VPN security technologies.
Specialties: Security Software and hardware, WiFI and WiMax technologies and services, Infrastructure software and open source software, cloud computing, Start-up development from initial stage to profitability, matching technology and business opportunity, company and product/service strategy
Board Member @ As part of the Skolkovo Innograd project a Foundation for Development of the Center of Research and Commercializing of New Technologies was officially registered in Moscow. It is a nonprofit organization purposed to provide socially useful results in the development of innovations. By the decision of the Ministry of Justice of the Russian Federation an official Certificate of the Federal Tax Service has been issued to the establishers of the Foundation.
The Foundation was established by Russian Academy of Sciences, state corporation “Bank for Development and Foreign Economic Affairs” (Vneshekonombank), “Russian Corporation of Nanotechnologies” (Rusnano), Bauman Moscow State Technical University, the Russian Venture Company and a Fund for Assistance to Small Innovative Enterprises in the scientific and technical area.
In the system of the corporate and scientific management of the Foundation a Council, a Board of Trustees, and a Scientific Advisory Council are being formed. The President of the Foundation is Viktor Vekselberg. From June 2010 to Present (5 years 7 months) Member of the Board @ From April 2009 to Present (6 years 9 months) co-founder and managing partner @ Almaz Capital Partners invests in privately-held Technology, (Digital) Media and Communications (TMC) companies.
Our strategic partners include Cisco Systems, the worldwide leader in networking, and UFG Asset Management, the leading asset management firm in Russia. From March 2007 to Present (8 years 10 months) Board Member @ Virtualization and automation From November 2004 to Present (11 years 2 months) Founder, former CEO (till 1998), and Chairman of the Board (from 1998) @ Created and Staffed one of the first privately owned Software and Hardware technology companies in modern Russia. Responsible for both strategic and operational aspects of the business. Obtained a 10% equity investment in ELVIS PLUS from Sun Microsystems Corporation in Mountain View, California in 1993. In 1998, ELVIS PLUS employees over 100 engineers (17 Ph.D.'s) and its annual sales are US $10 million. Developed and managed the company's two main product lines; one, secure network solutions with VPN and two, IT systems integration business.
Additionally, managed other ELVIS PLUS operations in wireless PCMCIA design and manufacturing as well as national ISP customs software design and systems integration. ELVIS PLUS played a key role in establishing the Russian Computer market. ELVIS PLUS received the Russian National Industry Award for Best High-Technology achievement in 1997. (www.elvis.ru) From February 1992 to Present (23 years 11 months) Chairman, co-founder and investor @ From 2001 to September 2010 (9 years) Advisory Board Member @ From 2004 to June 2010 (6 years) Managing Director @ Stratigic consulting, angel investments and active board memberships. Has interest and involment in following companies: EzWIM, S-Terra, NavMap, SWSoft, SJLabs, PGP Inc., RiskInsight, Start-Telecom (Telemaxima), Senesys, Electrocom and ELVIS+. From March 2003 to 2010 (7 years) Partner @ From 2005 to 2007 (2 years) Founder and CEO (till 2000), Executive Chairman (from 2000) @ Obtained funding for, created and staffed an international software product company focused on delivering an open security management framework with an initial VPN family of products. Led company efforts through three rounds of investment as visionary of TrustWorks, was responsible for the strategic development of the company, as well as, for it technology and products. Managed special projects with strategic customers and partners.
Was responsible for corporate communication with PR, industries analysts and investors. These duties entail leading both strategic and detailed execution plans.
In January 2000, named by the World Economic Forum a "Technology Pioneer" and at the same time gave an award to TrustWorks Systems for Technology Innovation for New Millennium. (www.synartra.com and www.hamsard.com) From June 1998 to March 2003 (4 years 10 months) Founder CEO, Executive Chairman @ From 1998 to 2002 (4 years) Founder and Board member @ One of the first Russian ISP ( buisness was started in 1991) which was spin-off from ELVIS+ in 1996 and was sold to Telenor in 2000. (www.telekom.ru) From February 1996 to August 2000 (4 years 7 months) CEO and President @ Leading company on-board computing and DSP chip set development. (www.elvees.ru) From January 1990 to February 1992 (2 years 2 months) VP and GM of Data communication&computer business @ Lead company research and development in field of data space communication as well as all company research and development of hardware and software for on-board and image processing and computing (including OS and microchip development). Created and staffed the Computer and Data Communications Department. Managed an annual budget of $400 million (US dollars). Directly managed 1000 engineers and 47 company subcontractors. Managed key Russian Space Communications and Computer programs. Developed technology strategy and essential architectural solutions that are still employed by the Russian Defense and Space programs today. Lead international technology cooperation initiatives on behalf of NPO ELAS. From May 1978 to January 1990 (11 years 9 months)
Alexander Ph.D. is skilled in: Start-ups, Business Strategy, Angel Investing, Venture Capital, Entrepreneurship, Private Equity, Mobile Devices, Strategic Partnerships, Mergers, Business Development, Corporate Development, Product Management, Start-up Ventures, Venture Financing, Management Consulting