Scott Banister

Overview

Number of Portfolio Companies 
110
Number of Exits 
34
Scott Banister
Board Member
Investor Type 
Individual/Angel
Investor Stage 
Seed
Number of Exits 
34

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.

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Which funding rounds raised the most money?

Personal Investments

Number of Investments 
127
Announced Date  
Organization Name  
Lead Investor  
Funding Round  
Money Raised  

Exits

Number of Exits 
34
iLike
iLike offers an online platform that enables its users to download and share music with the other users.
Zappos
Zappos is an online retailer specializing in shoes and apparel.
Wavii
Wavii provides an iPhone app enabling users to follow and receive updates on topics such as celebrities, companies, and politicians.
Vamo
Vamo is an event discovery platform providing users with information that help them plan vacations.
ToutApp
ToutApp helps organizations transform their sales teams into revenue generating machines.
Topsy Labs
Topsy, a social analytics company, provides instant answers to critical business questions via real-time analysis of public conversations.
Thinkfuse
Thinkfuse is a SaaS-based enterprise that allows companies to send regular progress reports to stakeholders.
Teleport
Move to your best place to live and work.
Slide
Slide enables users to create and personalize widgets and use them on social networks, blogs and desktops.
Sense Platform
Sense Platform is a cloud-based platform for data science and big data analytics.

Jobs

Number of Current Jobs 
1
Number of Past Jobs 
4
IRL App
Founder
Organization Name  
Title At Company  
Start Date  
End Date  
Co-Founder & CTO
Dec 2000
Jun 2007
Co-Founder
VP, Ideas
Founder and VP of Technology

Board and Advisor Roles

Number of Current Board & Advisor Roles 
5
Number of Past Board & Advisor Roles 
6
Postmates
Board Member
2013
Topsy Labs
Board of Directors
Jun 2007
Nervana
Advisor
Recharge
Advisor
Organization Name  
Title At Company  
Start Date  
End Date  
Board of Directors
Feb 2005
Aug 2010
Board of Directors
Dec 2007
Jul 2008
Board of Directors
2000
2002
Board of Directors
Jan 1999
Jul 1, 1999
Board of Directors
Board of Directors

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Activity

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