Woody Marshall Joins Technology Crossover Ventures As General Partner

Palo Alto CA., May 7, 2008 - Technology Crossover Ventures (TCV), a leading growth equity investor focused on investing in premier technology companies, announced today that Christopher P. (Woody) Marshall has joined the firm as general partner. Mr. Marshall, a former managing director of Trident Capital, brings two decades of financial and investment expertise to TCV. He will work with TCV's management team on investment opportunities and will be based in the firm's Palo Alto headquarters. "TCV is thrilled to welcome Woody to our partnership. It is rare that any firm has the opportunity to add a proven investor with Woody's track record and history of investment success, who is also a great cultural fit for the firm," said Jake Reynolds, TCV general partner. "Moreover, his areas of expertise overlap perfectly with our investment focus, and we look forward to Woody playing a strategic role in growing and enriching our portfolio." During his 12-year tenure at Trident Capital, Mr. Marshall cultivated deep expertise in the payments/transaction processing, mobile technology, and Internet sectors. While at Trident, he worked closely with many Trident investments including Advanced Payment Solutions, AccountNow, Bytemobile, Merchant eSolutions, MapQuest, SideStep and Xata. "I have known TCV's partners for more than 10 years, and always admired the strength of their platform, their investment strategy and success-particularly in the industries that complement my own areas of focus," said Mr. Marshall. "I am excited to join the TCV team and look forward to contributing to the firm's growth-stage investments, sourcing new opportunities, and helping portfolio companies reach their full potential." Prior to Trident Capital, Mr. Marshall was an associate with the Leveraged Capital Group of Banque Paribas. Earlier in his career, he served as a financial analyst in the Corporate Finance department of Chase Manhattan Bank, where he specialized in merchant banking transactions. Mr. Marshall earned his B.A. at Hamilton College and his M.B.A. at the J.L. Kellogg Graduate School of Management at Northwestern University. About Technology Crossover Ventures Technology Crossover Ventures (TCV), founded in 1995, is a leading provider of growth capital to technology companies, providing funds to later-stage private and public companies. With $7.7 billion in capital under management, TCV has made growth equity and recapitalization investments in over 160 companies leading to 45 initial public offerings and more than 30 strategic sales or mergers. Representative investments include Altiris, eHarmony, Expedia, Fandango, Liquidnet, Netflix, RealNetworks, Redback Networks, Solect Technology, TechTarget, Travelport, Webroot, and Zillow. TCV has 11 partners and is headquartered in Palo Alto, California. For more information about TCV, visit www.tcv.com. Contact Shifali Erasmus-Bhagat Kinetic.PR 650-315-7526 shifali@kineticprllc.comBack to TCV Press Releases