Dan Newman began his career in strategy consulting, working primarily with Fortune 500 companies. In the early 1990’s he shifted his focus to early stage technology companies based primarily in the US and Israel.
In 1998 he co-founded Cross Atlantic Ventures with offices in Boston, MA and Sophia Antipolis, France. The firm was focused on early stage technology, broadly investing in hardware, software and networking companies in the US, France and Israel.
Having several co-investments with Paris-based Sofinnova Partners, he joined as a Venture Partner in 2005, working with portfolio companies in the US and France. During this time he led the recapitalization of WebDialogs which was acquired by IBM, was a board member of several companies including Sefas Innovation, acquired by Docaposte, and oversaw the sale of Sensitive Object, acquired by TE Connectivity.
Since 2010 Dan has continued to invest through Cross Atlantic Advisory, broadening his range to include medical devices and consumer related techologies. He is currently Managing Partner at Cross Atlantic Advisory based in Cambridge, MA USA.
« Dan is the ideal person to facilitate the business of our growth portfolio companies in the US. I’m convinced his network and deep expertise will prove game-changing in sourcing new business partners, potential customers and top-level candidates. Our current portfolio is ripe with eight-figure revenue, tech-rich companies that should attract interest from American corporates and investors. That’s why I’m delighted to have Dan onboard to promote our porfolio companies towards such potential partners. » commented Jean Schmitt, Managing Partner at Jolt Capital.
« Having worked with Jean and other members of the Jolt team over the last 20 years, I have come to appreciate the depth and breadth of their market knowledge as well as their investment process, and look forward to contributing to the ongoing success of their funds.» said Dan Newman.
Dan Newman holds a BS in Finance from Northeastern University and an MBA from F.W. Olin Graduate School of Business at Babson College.