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Scott Banister

Scott is an American entrepreneur and angel investor. He is best known as a co-founder of IronPort and an early advisor and board member at PayPal.

Scott Banister started his career as a pioneer in the email business. He was Founder and VP of Technology at ListBot, the largest ASP for business email list hosting. ListBot was acquired by Microsoft. After ListBot, Scott spent his time working with other start-ups as a board member and investor. These start-ups include eVoice, creator of the first email-enabled home voicemail service, which was acquired by AOL in 2001. He served as VP of Ideas at idealab!, where he contributed numerous innovations, including the unique bid-for-placement search engine model that powers Overture. In December 2000, with Scott Weiss, Banister co-founded IronPort, an email appliance provider that was acquired in 2007 by Cisco for US$830 million.

Scott Banister is co-founder and Chairman of Zivity, a social networking site co-founded with his wife, Cyan Banister. He was an early investor in Powerset, a startup building a natural language search engine, and sits on the company’s Board of Directors. He also sits on the Board of Directors for Slide, a start-up founded by PayPal co-founder Max Levchin.

Other private equity investments include Zappos.com, LiveOps, Facebook, Hi5.com, Tagged.com, iLike, and Causes.com. Banister attended University of Illinois at Urbana-Champaign, from which he dropped out in 1996 to move to Silicon Valley. He currently lives in Half Moon Bay, California with his wife Cyan.

Milestones

Investments

Company Date Round Size Participants
Mykonos Software 1/12Series A$4M3
Pocket Change 11/11Seed$1M8
DuckDuckGo 10/11Unattributed2
Practice Fusion 9/11Unattributed$6M9
Ostrovok 5/11Series A$13.6M13
Thinkfuse 3/11Angel$520k9
Topsy 3/11Series C$15M5
Uber 2/11Unattributed$11M6
Ekso Bionics 12/10Series A1
TekTrak 11/10Series A9
Uber 10/10Angel$1.25M15
GameCrush 8/10Angel$700k7
Rapportive 8/10Seed$1M15
Wavii 7/10Seed$2M6
Thumbtack 6/10Angel$1.2M14
ReadyForce 3/10Series A$12.2M4
Hot Potato 11/09Series A$1.42M15
OtherInbox 11/09Series A$2.3M2
Space Exploration Technologies 8/09Series B$30.4M2
Mimoco 1/09Angel1
Topsy 12/08Series B$11M4
OtherInbox 7/08Angel4
EQAL 4/08Series A$5M8
WideOrbit 2/08Series C$14.5M6
Topsy 1/08Series A$900k1
Zivity 8/07Seed$1M3
AppJet 8/07Angel$700k8
Powerset 6/07Series A$12.5M5
Causes 1/07Series A$2.35M4
Slide 1/05Series A2
Edusoft 2/02Angel$1M3
iLike 1/02Angel$700k3
LiveOps 1/01Series A$1M3
Zappos 3/00Series B$1.1M2
PayPal 1/99Series A3

Videos

Sources

  1. Mykonos Software Raises $4 Million in Series A Funding (businesswire.com) [edit]
  2. Mobile Game Monetization Platform Lunch Money Raises $1M From Google Ventures; Rebrands As Pocket Change (techcrunch.com) [edit]
  3. Union Square Ventures, Others Invest In Alternative Search Engine DuckDuckGo (techcrunch.com) [edit]
  4. Practice Fusion Announces New Investors Helping to Drive Health Tech Innovation (practicefusion.com) [edit]
  5. Ostrovok Raises $13.6M in Series A Funding (finsmes.com) [edit]
  6. techcrunch.com [edit]
  7. TechCrunch (techcrunch.com) [edit]
  8. Huge Vote Of Confidence: Uber Raises $11 million From Benchmark Capital (techcrunch.com) [edit]
  9. Citation Needed [add]
  10. iPhone Tracking Service Provider TekTrak Locates Seed Funding (techcrunch.com) [edit]
  11. UberCab raises $1.25M to end your futile search for taxis (venturebeat.com) [edit]
  12. techcrunch.com [edit]
  13. Gmail Plugin Rapportive Raises Over $1 Million From Gmail Creator, Many Others (techcrunch.com) [edit]
  14. Techcrunch (techcrunch.com) [edit]
  15. Well-known angels back local services startup Thumbtack.com (thumbtack.com) [edit]
  16. ReadyForce Raises $12.2M For On-Demand Workers (thealarmclock.com) [edit]
  17. Hot Potato Raises $1.42 For Event Social Networking (thealarmclock.com) [edit]
  18. OtherInbox Raises $2.3 Million For E-Mail Organization Tool (paidcontent.org) [edit]
  19. Draper via TC [edit]
  20. Citation Needed [add]
  21. Topsy Bets On Real-Time Twitter Search With $15M Backing (blogs.wsj.com) [edit]
  22. Citation Needed [add]
  23. Lonely No More: Lonelygirl15 Production Company EQAL Gets $5 Million Funding (paidcontent.org) [edit]
  24. Reuters (reuters.com) [edit]
  25. Topsy Bets On Real-Time Twitter Search With $15M Backing (blogs.wsj.com) [edit]
  26. Zivity, an adult social network, raises $1M before launch (venturebeat.com) [edit]
  27. Citation Needed [add]
  28. powerset.com [edit]
  29. Project Agape, formerly known as Philotic, raises $2.35M, for good causes (venturebeat.com) [edit]
  30. Citation Needed []
  31. Citation Needed [add]
  32. GarageBand.com Announces New CEO and Business Strategy (garageband.com) [edit]
  33. Citation Needed [add]
  34. Zappos [edit]
  35. Citation Needed [add]
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Last Edited 1/23/12

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