Steve Petilli Overview
Steve Petilli General Information
Biography
Mr. Steve Petilli serves as a Venture Partner at Cove Fund. He served as Chief Executive Officer & Board Member at Bitcentral. He is the Chairman of the Board, and President, and serves as the Chief Executive Officer at SwitchRay. He brings a strong history of product innovation, with a solid track record of building new businesses in the technology arena. Most recently, he headed the Navigation and Telematics division of Telecommunication Systems (Nasdaq: TSYS). He joined the corporation as part of the $170 million acquisition of Networks in Motion (NIM), a company he co-founded, operated and guided as Chairman of the Board. NIM was a pioneer in mobile software development and one of the most successful mobile technology acquisitions of 2009. He experienced his first major entrepreneurial success in 2000 when he sold Pivotal Technologies to Broadcom (Nasdaq: BRCM) for $240 million. As one of the founders, he expanded the company through two financing rounds before the acquisition. At Broadcom, he served as the Senior Engineering Director and headed up the high-speed video interface chipsets. He began his career at IBM and later worked for the Communications Research section at NASA's Jet Propulsion Lab (JPL) where he built complex systems for deep space communications. He holds a BSEE degree from Rensselaer Polytechnic Institute and an MSEE degree from the University of Southern California. He has several published papers in the area of digital signal processing (DSP) and semiconductor IC design and holds over one dozen patents in mobile technology, semiconductors, and communications.
Contact Information
Address
- 5270 California Avenue
- Suite 100
- Irvine, CA 92617
- United States
Steve Petilli Positions (1)
Firm name | Firm type | Title | Location | Industry | Since |
---|---|---|---|---|---|
Cove Fund | Investor | Venture Partner | Irvine, CA | Venture Capital |
Steve Petilli Lead Partner on Deals (1)
Steve Petilli has been the lead partner on 1 deal. Their latest deal was with Powr.tv, a entertainment software company. The deal was made on 25-Jan-2022.
Company | Deal Date | Deal Type | Deal Size | Deal Status | Industry | Location |
---|---|---|---|---|---|---|
Powr.tv | 25-Jan-2022 | Merger/Acquisition | Completed | Entertainment Software | Sarasota, FL |
Steve Petilli Network (11)
Board Members (6)
Name | Company | Representing | Location | From |
---|---|---|---|---|
Greg Mason | Bitcentral | Self | Newport Beach, CA | |
Bill Bradford | Bitcentral | Self | Newport Beach, CA | |
Bitcentral | Bitcentral | Newport Beach, CA | ||
Bitcentral | Self | Newport Beach, CA | ||
Bitcentral | Bitcentral | Newport Beach, CA |
Portfolio Executives (5)
Name | Company | Role | Deal date | Location |
---|---|---|---|---|
Ryan James | Powr.tv | Co-Founder & Chief Design Officer | 25-Jan-2022 | Sarasota, FL |
Krish Arvapally | Powr.tv | Co-Founder & Chief Technology Officer | 25-Jan-2022 | Sarasota, FL |
Powr.tv | Co-Founder & Chief Executive Officer | 25-Jan-2022 | Sarasota, FL | |
Powr.tv | Co-Founder & Interim President | 25-Jan-2022 | Sarasota, FL |
Steve Petilli FAQs
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Who is Steve Petilli?
Mr. Steve Petilli serves as a Venture Partner at Cove Fund.
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How much does Steve Petilli typically invest?
Steve Petilli's median deal size is
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What is Steve Petilli’s main position?
Steve Petilli’s primary position is Venture Partner.
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