With over two decades of experience in the venture capital industry, George is a Managing Director at AV8 Ventures, an early-stage venture firm based in Silicon Valley. Prior to AV8, George worked at IBM Ventures where, as Managing Director, he headed up its strategic investment division.
Before IBM, George worked at ACM, an early stage venture fund, where he was General Partner, managing investments across big data infrastructure, cloud computing and analytics. George started his investment career at Apax Partners, a global venture firm where he invested in early-stage technology companies. Prior to Apax, Dr. Ugras was with McKinsey & Co. in New York advising Fortune 500 companies on growth strategy.
George has founded and run start-ups and served as an adviser and director to many venture-backed companies. He is also the founder of life sciences company CyteGen.
George has lectured on entrepreneurship at Carnegie Mellon, UCLA, and Stanford, as well as advised faculty on technology spin-offs at other universities. He also provided oversight on the Space Electronics Group at CalTech and NASA’s Jet Propulsion Laboratory.
George holds a B.S. in Engineering Physics from Fairleigh Dickinson, a Ph.D. in Applied Physics from Yale, and was a research fellow at CalTech in Physics.
Quite often in venture you’ll notice investors get perked up around transactions, but the magic happens in-between rounds.