|Massachusetts Institute of Technology (MIT), MBA||2006|
Ric Fulop joined North Bridge in 2010 as a General Partner following a fifteen year career as an entrepreneurs that spanned hands on experience from seed to IPO. He is the founder of six technology companies that spanned multiple sectors (software, internet, semiconductors, wireless communications and energy storage).
Most recently, in 2001, he founded A123Systems, a North Bridge investment, to commercialize technology developed at the Material Sciences and Engineering Department of MIT. At his departure the company had a public market capitalization of $1.5B, 1,800 employees with production facilities around the world and had shipped over $300 million in state of the art energy storage systems. Some of Ric’s investments include: Disqus (largest comment platform on the web. Used by +3.5M sites and +1.1B unique/month), Belmont Technologies (a new CAD company founded by the team that developed Solidworks), Gridco Systems (developer of advanced solid state systems for the grid) and Dyn (the market share leader in enterprise DNS, traffic management and message management serving over 4M customers).
Ric is a former Board Member of the Electric Drive Transportation Association and has been has been a key contributor to the advancement of hybrid and plug-in hybrid electric powertrains, as well as the adoption of digital energy storage systems on the grid.
Over the course of his business career he has raised more than $350 million in venture capital and $600 million in non-dilutive government grants and financing.
Ric is an avid pilot. He has also been involved in the development of several FIA world records, including the fastest electric vehicle (307.7 mph), the fastest quarter mile on an electric motorcycle (0 to 60 mph in less than one second and a quarter mile in 7.8 seconds), and the highest performance Formula 1 KERS system in partnership with McLaren’s F1 team.
He lives with his wife and two daughters on a blueberry farm in Lexington, MA.