Clinton W. Bybee, Co-founder and Managing Director
Austin
Chemicals/Specialty Materials Electronics/Instrumentation
Semiconductors Telecommunications
Optics Nanotechnology Alternate Energy
Clinton Bybee is a co-founder and Managing Director of ARCH Venture Partners. Mr. Bybee concentrates primarily on advanced materials, electronics,
semiconductors, photonics, and infrastructure businesses.
Mr. Bybee has helped organize and finance numerous companies including MicroOptical Devices (acquired by EMCORE), Cambrios Technologies, Aveso,
Innovalight, Intelligent Reasoning Systems (acquired by Photon Dynamics), Semprius, Nanosys, and Xtera Communications.
He is a board member of Impinj, Innovalight, Cambrios Technologies, Xtera Communications, Nitronex and Aveso. Mr. Bybee is an organizing member
of the Texas Venture Capital Association and currently serves as its first President.
Previously, Mr. Bybee worked with ARCH Development Corporation. He
also managed a venture investment fund for the State of Illinois and was
a production engineer with Amoco Corporation. Mr. Bybee holds an M.B.A.
from the University of Chicago and a B.S. in Engineering from Texas A&M University.
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Keith L. Crandell, Co-founder and Managing Director
Chicago
Chemicals/Specialty Materials Software Electronics/Instrumentation
Semiconductors Telecommunications
Optics Nanotechnology
Keith Crandell is a co-founder and a Managing Director of ARCH Venture Partners. He focuses on chemical and specialty materials
companies, electronics and instrumentation, optics and photonics, telecommunications, and enterprise infrastructure businesses.
He previously served as Senior Manager at ARCH Development Corporation, where he was responsible for ARCH Venture Fund I activities
at Argonne National Laboratory.
Mr. Crandell has played a key role in the formation and initial funding round of
Quanterix, AlfaLight, ALIS Corp. (acquired by Carl Zeiss SMT), Eichrom Industries (acquired by Gary Comer, Inc.), Nanophase Technologies (NANX), and Illinois
Superconductor (ISO). He was also responsible for ARCH's investment in New Era of Networks (NEON, acquired by Sybase-SY), Apropos Technology (APRS,
acquired by Syntellect-ESL), Teach.com (acquired by Intellinex), CelebrateExpress (BDAY), Ahura Scientific, Adesto Technologies, and Crystal IS,
among others.
He is a director of Quanterix, Nanosys, AlfaLight, Adesto
Technologies, CelebrateExpress, and Crystal IS. Mr. Crandell also serves as a director of the
Illinois Venture Capital Association and the National Venture Capital Association.
Prior to the founding of ARCH, Mr. Crandell was with the specialty chemical and polymer company, Hercules, Inc. He holds an M.B.A.
from The University of Chicago, an M.S. in Chemistry from the University of Texas at Arlington, and a B.S. in Chemistry and Mathematics
from St. Lawrence University.
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Steven
Lazarus, Co-founder and Managing Director, Emeritus
Chicago
Steven Lazarus is a co-founder and Managing Director, Emeritus of
ARCH Venture Partners. He also is a director of the National Association
of Corporate Directors and Rand Corporation, and a former director of
the National Venture Capital Association and chairman of its research
committee.
Prior to the founding of ARCH Venture Partners, Mr. Lazarus served as
CEO of ARCH Development Corporation and as Associate Dean of the
Graduate School of Business of The University of Chicago. He previously
spent 13 years with Baxter Laboratories in various senior roles, most
recently as Group Vice President of the Health Care Services Group of
Baxter Travenol Laboratories. Mr. Lazarus also served in Washington D.C.
as Deputy Assistant Secretary of Commerce for East-West Trade for the
U.S., a government bureau he both founded and directed. Mr. Lazarus is a
21-year veteran of the U.S. Navy, retiring with the rank of Captain in
1973.
Mr. Lazarus received an M.B.A. with high distinction from the Harvard
Graduate School of Business and holds an A.B. with Honors from Dartmouth
College.
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Robert T. Nelsen, Co-founder and Managing Director
Seattle
Biotechnology Nanotechnology Alternative Energy
Robert Nelsen is a co-founder and a Managing Director of ARCH Venture Partners.
Mr. Nelsen joined ARCH at its founding and has played a significant role
in the early sourcing, financing and development of more than thirty
companies including nine which have reached valuations exceeding $1
billion. These include Sapphire Energy, the leading algae biofuels
producer; Illumina, (ILMN) the world-leader in genetic analysis; Ikaria,
a leader in infant critical care, Everyday Learning Corporation
(publisher of the leading K-6 math curriculum in the U.S.); Aviron
(AVIR, acquired by Medimmune-MEDI), which
produced the first nasal flu vaccine; NetBot, the first online
shopping agent; R2 Technology (acquired by Hologic-HOLX), the standard
of care in computer-aided breast cancer detection, Alnylam
Pharmaceuticals (ALNY), XenoPort (XNPT), Caliper Life Sciences (CALP),
Trubion Pharmaceuticals (TRBN), Adolor (ADLR), Array BioPharma (ARRY),
deCODE Genetics (DCGN), Nanosys, GenVec (GNVC), IDUN Pharmaceuticals
(acquired by Pfizer-PFE), Genomica (GNOM, acquired by Exelixis-EXEL),
Surface Logix, NeurogesX (NGSX), Classmates.com (acquired by United
Online-UNTD), Nura (acquired by Omeros),
Kythera Biopharmaceuticals, Elixir Pharmaceuticals, Theraclone
Sciences, VLST, Ensemble Discovery, Accelerator, Receptos, Fate
Therapeutics, and Agios Pharmaceuticals.
Mr. Nelsen is a director of Sapphire Energy, Ikaria, Fate Therapeutics,
Agios Pharmaceuticals, Ensemble Discovery Corp., NeurogesX, and Kythera
Biopharmaceuticals. He previously served on the boards of Trubion
Pharmaceuticals, Surface Logix, Adolor, NetBot, Everyday Learning,
Theraclone, Array BioPharma, Caliper Life Sciences, Illumina, R2 Technology,
and Classmates.com, among others. He also serves as a director of the
Fred Hutchinson Cancer Research Center. Mr. Nelsen holds an M.B.A.
from The University of Chicago and a B.S. in Economics and Biology
from the University of Puget Sound.
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Steven Gillis,
Managing Director
Seattle
Biotechnology Pharmaceuticals
Steven Gillis, Ph.D. is a Managing Director with ARCH, joining the firm as a Venture Partner in 2005. Dr. Gillis is focused on the evaluation
of new life science technologies and also on the development and growth of ARCH's biotechnology portfolio companies. He is a director of Trubion
Pharmaceuticals (TRBN), Allozyne, Variation Biotechnologies, Magen BioSciences, Surface Logix, PhaseRx, Accelerator, and Surface Logix. He serves as
director and Chairman of VentiRx Pharmaceuticals, Spaltudaq and VLST.
Dr. Gillis was a founder and director of Corixa Corp. and served as the company's CEO from its inception and as its Chairman from
1999 until its acquisition in 2005 by GlaxoSmithKline. Prior to Corixa, Dr. Gillis was a founder and director of Immunex Corp.
From 1981 until his departure in 1994, he served as Immunex's Director of Research and Development, Chief Scientific Officer, and
as CEO of Immunex's R&D subsidiary. Dr. Gillis was interim CEO of Immunex Corp. following its majority purchase by American Cyanamid
Co. and remained a member of the board until 1997. Amgen, Inc. acquired Immunex in 2002.
Dr. Gillis is an immunologist by training with over 300 peer-reviewed publications in the areas of molecular and tumor immunology.
He is credited as being a pioneer in the field of cytokines and cytokine receptors, directing the development of multiple marketed
products including Leukine, (GM-CSF), Prokine (IL-2) and Enbrel (soluble TNF receptor-Fc fusion protein) as well as the regulatory
approval of Bexxar (radiolabeled anti-CD20). Dr. Gillis received a B.A. from Williams College and a Ph.D. from Dartmouth College.
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Kristina Burow, Partner
San Francisco
Biotechnology Pharmaceuticals Alternate Energy
Kristina Burow is a Partner with ARCH, joining the firm in 2002. Her investment focus includes biotechnology,
alternative energy and chemicals. She is a co-founder and director of Sapphire Energy and has participated
in the development of several ARCH portfolio companies including Ensemble Discovery, Lycera, Achaogen,
Kythera Biopharmaceuticals, Ikaria, and Quanterix.
Ms. Burow joined ARCH from the Novartis BioVenture Fund in San Diego where she was involved in numerous
investments in the life science sector. Previously, as an early employee at the Genomics Institute of the
Novartis Research Foundation (GNF), she directed Chemistry Operations and was active in Business Development.
She was a co-inventor of key technology platforms that formed the core of Kalypsys, a GNF spin-off company.
Ms. Burow is a co-founder and board member of Sapphire Energy and works actively with Ensemble Discovery,
Archaogen, Kythera Biopharmaceuticals, Celula, and Accelerator.
Ms. Burow holds an M.B.A. from The University of Chicago, an M.A. in Chemistry from Columbia University,
and a B.S. in Chemistry from the University of California, Berkeley.
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Paul Thurk, Partner
Austin
Electronics/Instrumentation Optics
Semiconductors Chemicals/Specialty Materials Nanotechnology Alternate Energy
Paul Thurk is a Partner with ARCH, joining in 2002 following a Kauffman Fellowship with the partnership.
He focuses on semiconductors, advanced materials, nanotechnology and optics. Specific areas of interest
include novel materials and technologies for solid-state light and laser emission. Mr. Thurk helped
organize Innovalight, a solar cell developer, and served as its initial CEO. He recently helped
organize a new company ARCH is incubating in the clean energy sector. Mr. Thurk also has participated
in the development of ARCH portfolio companies Nitronex and Semprius, and has been a key part of
ARCH's efforts at Sandia National Laboratories in their Entrepreneur-In-Residence Program with the
U.S. Department of Energy.
Formerly, Mr. Thurk was a Director of Operations for NABS, a supplier of electronics components where
he set-up subsidiary companies on behalf of NABS across five countries and was responsible for establishing
business infrastructure, systems, personnel, and processes in each. In addition, Mr. Thurk developed and
launched several innovative supply chain management programs. Mr. Thurk joined ARCH from SSM Ventures.
Mr. Thurk holds a B.S. in Economics from the Wharton School of the University of Pennsylvania and an M.B.A.
from the University of Texas at Austin.
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