Venture investor GrandBanks Capital has promoted Ryan Moore, one of its founding employees, to the position of general partner.
Moore will lead the Newton, Mass., firm’s investment efforts in the wireless and software markets. He presently sits on the boards of GlassHouse Technologies, a data-storage consultancy, and uLocate Communications Inc., a provider of wireless data services. Both companies are based in Framingham, Mass.
Moore had served as a principal at GrandBanks since its founding in 2000.
Prior to joining the firm, he was an analyst within the venture arms of Softbank Corp., a banking and financial services firm based in Japan and with offices throughout the United States.
Moore was a senior associate in the San Francisco office of investment banker Robertson Stephens before joining Softbank. He graduated from Princeton University in 1996.
GrandBanks was founded via sponsorship from Softbank Venture Capital. At last count, the firm had $200 million under management