Ex-Adobe software boss increases venture ties

Tech veteran and adviser to Permira Bruce Chizen is joining US Venture firm Voyager Capital as partner.

Bruce Chizen, the former chief executive officer of software giant Adobe Systems, has been appointed by US venture firm Voyager Capital as a venture partner. Chizen, who earlier this year joined the advisory board of global buyout giant Permira, will provide strategic input to Voyager’s technology entrepreneurs. He previously sat on Voyager’s advisory board.

Bruce Chizen

Voyager Capital is a technology focused venture firm with $370 million under management and offices in Seattle, Washington, Menlo Park, California, and Portland, Oregon. It invests in three technology sectors: digital media, software and wireless technology.

Chizen is best known for the seven years he spent at the helm of Adobe Systems. During his tenure the company tripled its revenue and in 2005 acquired Macromedia, the business behind the ubiquitous online animation software Flash, in a transaction valued at approximately $3.4 billion.

His appointment at Voyager follows his hire by Permira, the London-headquartered buyout giant, in February. Chizen joined Permira as a senior advisor as the buyout shop was building out its presence in Menlo Park, California, where it established an office in 2008.