ADDING VALUE

Mosaic Venture Partners is a venture capital fund that invests in early-stage Internet and digital technology companies. We are committed to actively assisting entrepreneurs in creating tangible, long-term value. Our hands-on approach keeps us constantly involved in the success of our portfolio companies. We are a minority investor and we carefully structure our investments so our economic incentives parallel the company’s goals and aspirations. At Mosaic we recognize that building high quality companies is a challenging process, and we work with entrepreneurs as true partners through those challenges.

At the beginning, we immerse ourselves in the operating details of the business to thoroughly understand the products, markets and customers that are critical to the firm’s success. Then we look for ways to add strategic, financial, and operational value.

MOSAIC NETWORK

We believe the quality of our relationships with people is the foundation for our success in helping to build and grow leading companies.

Relationships are the lifeblood of a venture capital firm. We have developed a broad and diverse network of relationships through our careers in merchant banking and venture capital, our contacts from business school, and our former colleagues and clients at McKinsey & Company.

We aggressively mine this network of relationships for opportunities, assistance with due diligence, finding and attracting management talent, identifying and introducing potential customers to our portfolio companies, and a myriad of other contributions to ensure the success of our investments.

When an entrepreneur joins the Mosaic network, he or she becomes a part of our community, with continuous access to and support from Mosaic and its portfolio partners.

TAKING ACTION

When an entrepreneur comes to us with an idea for a company and needs help in fully developing that vision, we understand the importance of taking decisive action. In the high-speed, shift-on-the-fly technology/Internet industry, speed to market is often crucial for the success of a young company. We believe it is important for the financing process to work smoothly and quickly, and we make a point to be especially responsive to the needs of both our potential and existing portfolio companies.

We appreciate the time required to put together a comprehensive business plan. We therefore make great efforts to carefully review all plans submitted to us and respond in a timely manner. After reviewing a business plan, an entrepreneur will know whether there is interest on our side or not. If we feel there is a potential match, we give the company a call to learn more and possibly arrange a face-to-face meeting. We quickly try to assess the needs of the business to structure a term sheet that is beneficial to both parties. We then move speedily through the due diligence process and eventual closing, keeping costs down for the entrepreneur and moving on to the part of the business which we most enjoy — helping our portfolio partners grow their businesses.

If you are an entrepreneur and would like to submit your business plan to us online, you may feel free to do so. We give equal consideration to plans submitted by conventional means as in electronic format.

OUR TEAM

Mosaic’s managing directors, Vernon Lobo and Dave Samuel and Venture Partner Frank Cotter are uniquely well-suited to the high-tech venture capital market. With backgrounds in management consulting, they have the strategic vision necessary for companies just starting out. In addition, they have significant prior experience in the investment industry, Internet and new media technologies and have founded companies of their own. This marriage of entrepreneurship and investment experience makes them especially valued partners.

KEY ADVISORS

The key advisors and limited partners at Mosaic include some of the largest, most prestigious, and most successful institutional and individual investors in North America. They collectively represent billions of dollars of capital and have played a significant role in supporting Mosaic's activities. Whether it is referring investment opportunities, conducting due diligence, providing access to sales prospects for portfolio companies, or participating with co-investment capital, the investors in the fund are true partners in every sense of the word.

David A. Galloway Michael M. Koerner Christian Chagnon James D. Fleck, O.C. C. Edward Medland Robert Julien Bryce W. Douglas

INVESTMENT PARTNERS

We have been privileged to partner with some of the finest investors in North America. The personal relationships we have built with people at these firms have accelerated the success of many of our portfolio companies. Mosaic can quickly draw upon this expanded network of knowledge, skills and capital whenever it is needed

North Bridge Venture Partners Draper Fisher Jurvetson Battery Ventures TA Associates Intel Capital AT&T Corp. Manulife Financial RBC Technology Ventures Inc. Lehman Brothers Venture Partners Commonwealth Capital Ventures GTCR Shaw Communications J.L Albright Venture Partners Brightspark Ventures Blackboard Ventures (Ontario Teachers' Pension Plan Board) Celtic House Venture Partners CDP Capital - Technology Ventures OMERS Torstar Corporation Cornerstone Capital Group LLC Viventures NeoCarta Ventures The Ontario Teachers' Pension Plan Claridge Inc. Sojecci Ltée Hummer Winblad Venture Partners Maveron LLC

Vernon Lobo

Vernon’s career includes experience in entrepreneurial ventures, technology, strategic consulting, and venture capital.

Board Representation

Vernon sits on the Boards of SoundBite, Silanis, Got Corporation, and Time Industrial, and is currently Chairman of CYBERplex.

Before Mosaic

Vernon was a partner with a leading Canadian venture capital fund focused on technology-based enterprises. Previously, he was a consultant at McKinsey & Company, serving Fortune 500 clients in the telecommunications and information technology sectors. Earlier in his career, Vernon worked in software development and engineering at Northern Telecom. In addition to building a sizeable real estate portfolio while studying engineering, Vernon was a co-founder of CYBERplex Interactive Media Inc.

Education

Vernon holds a BASC in Engineering from the University of Waterloo and an MBA from Harvard University where he was a Baker Scholar.

 

Dave Samuel

Dave Samuel has had extensive experience in corporate finance, business strategy, Internet and new media technologies, as well as building and growing successful companies.

Board Representation

Dave sits on the Boards of Time Industrial, Borderfree, Got Corporation, JobFlash, and Five9.

Before Mosaic

Dave was President of Rogers Wave from its inception and led North America’s most aggressive rollout of high speed Internet access over cable. Dave was also a consultant with McKinsey & Company and a Senior Executive with Torstar Corporation. Early in his career, Dave was an investment banker with Morgan Stanley & Co. where he executed a variety of financial transactions.

Education

Dave holds an HBA from the University of Western Ontario and an MBA from the Harvard University.

 

Frank Cotter

Frank Cotter has had extensive experience in operations, product development, and business strategy in the telecommunications and Internet sectors.

Before Mosaic

Frank was the driving force behind Rogers Wave for almost 5 years and built it from the ground-up to become the leader in North America in the deployment of high speed Internet access over cable. Frank held a number of senior roles at Rogers Wave including Vice-President/General Manager and President. Frank was also Vice-President of Operations at Tucows and Vice-President of Business Development at Bell Canada. Frank started his career with Nortel labs in the area of product development.

Education

Frank holds a B.Sc. and an M.Sc. in Electrical Engineering from Queens University.