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Michael Silton

Managing Director at Act One Ventures LP

Los Angeles, California

Overview 

Michael Silton is the Managing Director at Act One Ventures in Los Angeles, with a background in start-ups, venture capital, and strategic partnerships. He has successfully invested in a wide range of companies, including Tapcart and Nextbite, and has a strong focus on supporting diverse founders and investors. As the founder of Rainmaker Systems, Inc. and Co-Founder of UniDirect Corp., Michael Silton has demonstrated his entrepreneurial skills and leadership in the tech industry, while also serving as the Executive Director of the UCLA VC Fund.

Work Experience 

AO

Act One Ventures LP

  • Managing Director

    2016 - Current

    Act One Ventures is a Los Angeles-based venture capital firm investing in business software with a focus on ecommerce infrastructure, vertical SaaS, and fintech. The firm manages $147 million across three funds and multiple SPVs. We leverage our experience as software founders and our diverse networks to support the growth of startups who have the kind of founder-market fit necessary for solving real problems in their respective industries.

UV

UCLA VC Fund

  • Executive Director / Chair

    2012 - 2016

    Inspiring entrepreneurship in the UCLA community of alumni, students and faculty. Providing access to capital and connections. Portfolio includes Cloudera, DogVacay, Formative, Twitter, SolarCity, Kythera Biopharmaceuticals, Vicept Therapeutics and TheBouqs. Founding member in 1999. Leading entrepreneurial focus since 2006. Executive Director / Chair 2012-2016.

RS

Rainmaker Systems, Inc.

  • CEO Founder

    1998 - 2012

    Founded company and took public on Nasdaq. Grew to over 1,500 employees worldwide. CEO for over 43 public quarters. Peak market cap in excess of $1 billion. Multiple years on Deloitte & Touche Fast 50. Leading provider of SaaS solution for global B2B eCommerce across entire customer lifecycle. Sell, Renew, Educate, UpSell. Clients included Microsoft, Abbott, HP and Vanguard.

Rainmaker Systems is a sales and marketing solutions company that assists businesses to generate revenue streams.

Raised $3,900,000.00.

rainmakersystems.com

UniDirect Corp.

  • Co-Founder

    1991 - 1998

    A pioneer in electronic software licensing and distribution. The leading direct marketer of complex Unix based software products. Co-founded company, built to profitability and significant revenue. Sold to Savoir Technology (now Avnet). Multiple years on the Inc. 500 fastest growing private companies list ranked as high as #22 in USA.

Education 

Investments 

Clovers

Seed

Total funding: $15M

Dragonboat

Pre Seed

Total funding: $3M

Tapcart

Seed

Total funding: $80M

Veryfi

Pre Seed

Total funding: $13M

Articles About Michael

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