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Boston University, MBA

Financial Organizations

Partner Emeritus

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Rick Burnes

Rick Burnes co-founded Charles River Ventures in 1970 and has played a major role in the firm’s development into one of the country’s major venture firms. For the last 20 years, Rick has focused on investments in the fields of communications and information services. Among the successful investments he has led on behalf of Charles River are: Cascade Communications, Chipcom Corporation, Epoch Systems, Abacus Direct, Summa Four, Concord Communications, Prominet, Aptis and Sonus Networks. Apart from venture capital, Rick is active in community organizations, serving as chairman of Boston’s nationally recognized Museum of Science, chairman of the Entrepreneur’s Foundation of New England, vice chairman of Sea Education Association and director of The Boston Foundation. He is a past chairman of the board of the Middlesex School. Rick holds a B.A. in history from Harvard College and an MBA from Boston University.

Recent Milestones


Company Date Round Size Participants
Ellevation 7/2013Seed$2.35M8
Ellevation 2/2013Venture Round$1.5M5



  1. Ellevation Raises $2.35 Million ( [edit]
  2. Ellevation Raises $1.5M in Funding ( [edit]
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Last Edited 8/25/13

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