Germany’s first Ventury appoints US manager

Heidelberg-headquartered investment firm first Ventury has appointed venture capital veteran David Hartford to assist its activities in the US.

German venture capital firm first Ventury has appointed David Hartford as a managing partner, responsible for management of its portfolio companies in the US.

Hartford has joined first Ventury’s San Francisco office, which was launched last year.

Hartford was previously founding CEO of Ravenflow, a California-based software firm, where he will continue to be a member of the board of directors. The company was founded in 2000 with backing from Alloy Ventures, Palomar Ventures and The Rhoda Group.

Prior to Ravenflow, Hartford was general partner of Technology Funding, president of Converging Partners Europe, manager of the Pioneer Poland Fund and founding partner of Strategic Partners International.

Between 1995 and 1999, Hartford was also elected to four terms as a board member of the European Private Equity and Venture Capital Association.

Uwe Feuersenger, managing partner of first Ventury said in a release: “David’s efforts will not only assist us in establishing our portfolio companies successfully in the US market, but thanks to his more than 25 years of experience in the investment and software business, enormously expand our network in Silicon Valley.”

Founded in April 2000, Heidelberg-headquartered first Ventury focuses on companies with convergent technologies, life sciences and information technology software. To date, the firm has made 15 investments and has over $80 million (€62 million) under management.