SAN FRANCISCO--(BUSINESS WIRE)--Maveron LLC, a consumer-focused venture capital firm with offices in Seattle and San Francisco, today announced that it has named Andrew Trader (“A.T.”) a Venture Partner. Based in Maveron’s San Francisco office, A.T. joined the firm in 2010 as an Entrepreneur in Residence to explore new web-enabled consumer service opportunities. “I’m thrilled to deepen my relationship with Maveron as a Venture Partner. Together we’ll invest in rock star entrepreneurs and help teams build successful businesses,” said A.T.
“A.T. has already made great contributions as an Entrepreneur in Residence by identifying investment opportunities and working with our portfolio companies,” said Maveron Partner Amy Errett. “With his energy, vision and expertise in scaling consumer brands quickly, we know he’ll add significant value to our firm as a Venture Partner.”
A.T. is a serial Internet and software entrepreneur. In 2007, he was an integral member of Zynga’s founding team, helping the company create the social gaming industry. At Zynga, he built and managed all business operations including revenue management, marketing, user acquisition, business development, and strategic partners, including Facebook. His contributions were instrumental in driving Zynga’s meteoric success, achieving profitability within just a few months of its launch and growing to 60 million daily users.
Before Zynga, A.T. was the CEO of Utah Street Networks, the operator of Tribe.net, one of the first social networking sites. He led the sale of Utah Street’s platform to Cisco in 2007. He was also the co-founder of Coremetrics, a leader in website marketing, where he served as the company’s VP of Business Development, growing the company to over 100 employees and raising $65 million in invested capital before IBM acquired the company in 2010.
“Maveron is committed to working with entrepreneurs to accelerate their success,” said A.T. “I’m excited about the opportunity to be part of a team that is helping build great companies and brands.”
Maveron’s focus is on backing the best entrepreneurs in three sectors: web-enabled consumer services, education and wellness, including such current portfolio companies as Altius Education, Groupon and zulily.
Earlier in his career, Trader worked in corporate finance (M&A) and business consulting at Ernst & Young LLP. He received both his B.S.E. and M.B.A. from The Wharton School at the University of Pennsylvania.
Maveron is a venture capital firm that invests exclusively in consumer companies. Founded in 1998 by Dan Levitan and Howard Schultz, the firm has offices in Seattle and San Francisco. Representative Maveron investments include Altius Education, eBay, Capella Education, Groupon, Livemocha, PayNearMe, Shutterfly, Trupanion and zulily. For more information about Maveron, visit www.maveron.com, Twitter and Facebook.