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General Information



University of Illinois at Urbana-Champaign 1996
Computer Science

Current Companies

Co-Founder & Chairman
Board of Directors
Board of Directors

Former Companies

Board of Directors
Board of Directors
Board of Directors
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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, LiveOps, Facebook,,, iLike, and 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.

Recent Milestones


Company Date Round Size Participants
Hampton Creek Foods 2/2014Series B$23M12
Regalii 10/2013Series A4
eShares 8/2013Seed$1.8M9
LegalReach 8/2013Seed$900k2
Addvocate 7/2013Series A$2.39M11
Vamo 7/2013Convertible Note$1.6M24
Sauce Labs 7/2013Series C$5M3
Propeller 6/2013Seed$1.25M13
Parakweet 6/2013Seed$2M3
Upstart 4/2013Series A$5.9M7
ToutApp 4/2013Seed$920k3
Postmates 3/2013Series A$5M4
Cover Lockscreen 3/2013Seed$1.7M8
vidIQ 2/2013Seed$800k6
TenderTree 11/2012Seed$1.3M7
ToyTalk 11/2012Series A$11.5M5
Whitetruffle 10/2012Seed$1.2M4
9GAG 7/2012Seed$2.8M5
Pocket Change 7/2012Series A$5M4 6/2012Seed$1.7M8
Practice Fusion 6/2012Series C$34M11
Postmates 4/2012Angel$1.2M6
ONtheAIR 2/2012Seed$880k2
Mykonos Software 1/2012Series A$4M2
Remind101 1/2012Seed$1M11
Pocket Change 11/2011Seed$1.4M8
Agari Data 11/2011Series A$2.5M5
DuckDuckGo 10/2011Venture Round$3M7
Practice Fusion 9/2011Venture Round$6M9
Ostrovok 5/2011Series A$13.6M15
Thinkfuse 3/2011Angel$520k9
Topsy Labs 3/2011Series C$15M5
Uber 2/2011Series A$11M7
MightyText 2011Seed$650k10
Ekso Bionics 12/2010Series A1
TekTrak 11/2010Series A10
Uber 10/2010Angel$1.25M15
GameCrush 8/2010Angel$700k7
Rapportive 8/2010Seed$1M16
Wavii 7/2010Seed$2M11
Thumbtack 6/2010Angel$1.2M14
ReadyForce 3/2010Series A$12.2M6
Hot Potato 11/2009Series A$1.42M16
OtherInbox 11/2009Series A$2.3M2
Space Exploration Technologies 8/2009Series B$30.4M3
Mimoco 1/2009Angel1
Topsy Labs 12/2008Series B$11M4
OtherInbox 7/2008Angel4
EQAL 4/2008Series A$5M7
WideOrbit 2/2008Series C$14.5M6
Topsy Labs 1/2008Series A$900k1
Zivity 8/2007Seed$1M3
AppJet 8/2007Angel$700k8
Powerset 6/2007Series A$12.5M5
Causes 1/2007Series A$2.35M4
Slide 1/2005Series A2
Edusoft 2/2002Angel$1M3
iLike 1/2002Angel$700k4
LiveOps 1/2001Series A$1M3
Zappos 3/2000Series B$1.1M2
PayPal 1/1999Series A3



  1. Plant-Based Food Startup Hampton Creek Foods Raises $23M Round Led By Horizons Ventures ( [edit]
  2. Regalii Raises Funding from Fenox Venture Capital ( [edit]
  3. eShares Raises $1.8 Million In Funding To Replace Paper Stock Certificates With Electronic Shares At Private Companies ( [edit]
  4. LegalReach Raises $900K in Funding ( [edit]
  5. Addvocate Raises $2.39M For Tools That Manage Corporate Social Media Operations ( [edit]
  6. Facebook Veteran Ari Steinberg’s New Startup Vamo Taps Big Data To Book You Cheap And Easy Travel ( [edit]
  7. Mobile App Testing Startup Sauce Labs Raises $5M ( [edit]
  8. Propeller Gets $1.25M From A16z, ffAngel, Everyone Good Basically ( [edit]
  9. Parakweet Raises $2M In Funding ( [edit]
  10. Upstart, A Site For Crowdfunding People, Raises $5.9M From First Round, Eric Schmidt, And Others ( [edit]
  11. Silicon Valley Venture Capital Almanac source [edit]
  12. To Expand Into Seattle And Beyond, Postmates Has Raised $5 Million From Founders Fund And Others ( [edit]
  13. Cover Is An Android-Only Lockscreen That Shows Apps When You Need Them ( [edit]
  14. vidIQ Raises $800K in Seed Funding ( [edit]
  15. 500 Startups-Backed TenderTree Raises $1.3 Million To Expand Its Marketplace Of In-Home Caregivers ( [edit]
  16. Talking teddy bears raise $11.5M ( [edit]
  17. Citation Needed [add]
  18. 9GAG releases mobile app, raises $2.8M to spread giggles like the flu ( [edit]
  19. Google Ventures Leads $5M Investment In Virtual Currency Startup Pocket Change ( [edit]
  20. Instacanvas Raises $1.7M Round For Its Instagram Prints, Expands Its Product Offerings ( [edit]
  21. Practice Fusion Pulls In $34M Series C Led By Artis To Crush The Other Electronic Medical Record Startups ( [edit]
  22. Citation Needed [add]
  23. Citation Needed [add]
  24. Mykonos Software Raises $4 Million in Series A Funding ( [edit]
  25. Citation Needed [add]
  26. Mobile Game Monetization Platform Lunch Money Raises $1M From Google Ventures; Rebrands As Pocket Change ( [edit]
  27. Email Security Startup Agari Raises $2.5M From Alloy, Battery, Greylock And First Round ( [edit]
  28. Union Square Ventures, Others Invest In Alternative Search Engine DuckDuckGo ( [edit]
  29. Practice Fusion Announces New Investors Helping to Drive Health Tech Innovation ( [edit]
  30. Ostrovok Raises $13.6M in Series A Funding ( [edit]
  31. [edit]
  32. TechCrunch ( [edit]
  33. Huge Vote Of Confidence: Uber Raises $11 million From Benchmark Capital ( [edit]
  34. Ex-Googlers Launch MightyText, An iMessage For Android Users ( [edit]
  35. Citation Needed [add]
  36. iPhone Tracking Service Provider TekTrak Locates Seed Funding ( [edit]
  37. UberCab raises $1.25M to end your futile search for taxis ( [edit]
  38. [edit]
  39. Gmail Plugin Rapportive Raises Over $1 Million From Gmail Creator, Many Others ( [edit]
  40. Techcrunch ( [edit]
  41. Well-known angels back local services startup ( [edit]
  42. ReadyForce Raises $12.2 Million For On-Demand Labor Marketplace ( [edit]
  43. Hot Potato Raises $1.42 For Event Social Networking ( [edit]
  44. OtherInbox Raises $2.3 Million For E-Mail Organization Tool ( [edit]
  45. Draper via TC [edit]
  46. Citation Needed [add]
  47. Topsy Bets On Real-Time Twitter Search With $15M Backing ( [edit]
  48. Citation Needed [add]
  49. Lonely No More: Lonelygirl15 Production Company EQAL Gets $5 Million Funding ( [edit]
  50. Reuters ( [edit]
  51. Topsy Bets On Real-Time Twitter Search With $15M Backing ( [edit]
  52. Zivity, an adult social network, raises $1M before launch ( [edit]
  53. Citation Needed [add]
  54. [edit]
  55. Project Agape, formerly known as Philotic, raises $2.35M, for good causes ( [edit]
  56. Citation Needed []
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  58. Announces New CEO and Business Strategy ( [edit]
  59. Citation Needed [add]
  60. Zappos [edit]
  61. Citation Needed [add]
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Last Edited 4/8/14

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