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Persistence Partners

Company

Investment-firm

Financing round

General

About Company
Persistence Partners is an early-stage venture fund based in Santa Barbara and Ventura Counties, investing in technology-related startups.

Industry

Sector :

Subsector :

Keywords :

Number of employees

IPO status

Private

Description

Formerly known as Great Pacific Capital, Persistence Partners was founded in 2006 and focuses on funding young technology startups in the east coast area. The firm seeks out entrepreneurial teams with a proven ability to apply technology to solve problems and grow their business. While not currently seeking new opportunities, Persistence Partners is actively cultivating its portfolio, having made its last investment from the fund.
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Financials

Investments
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Date 
name 
Lead 
type 
Raised 
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No
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No
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Yes
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People

Founders
2
Rusty Reed
Rusty Reed

Rusty Reed

Now with nearly $1 billion in financial transaction experience in the technology industry, Mr. Reed is focusing on the “high tech - high touch” investment model that he and Mr. Gross are employing at Great Pacific. Mr. Reed currently serves on the boards of Sirigen, and Procore Technologies.

current job

Persistence Partners
Persistence Partners

Rusty Reed

Dave Gross
Dave Gross

Dave Gross

Dave Gross is Co-Founder and Managing Partner of Great Pacific Capital, Mr. Gross is also an engineer and entrepreneur. Mr. Gross has worked in the Internet, aerospace, and alternative transportation fields. He designed and produced early electric and hybrid electric passenger vehicles as well as hardware for various aerospace applications including the International Space Station, missions to Mars, and the longest rigid structure ever deployed in space. He was the founding CEO of Fastclick, a successful Internet advertising company acquired by ValueClick in 2005. Mr. Gross also had CFO and COO responsibilities from inception through 2003. He led Fastclick with a total of $400K in capital raised in April of 2000 through a $75M private-equity recapitalization in September of 2004. He holds degrees in Mechanical Engineering and Environmental Studies from the University of California at Santa Barbara. Mr. Gross currently serves on the boards of Celerus Diagnostics and BioIQ.

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Employee Profiles
3
Jason Spievak

Jason Spievak

Venture Partner

Dave Gross

Dave Gross

Co-Founder & Managing Partner

Rusty Reed

Rusty Reed

Co-Founder & Managing Partner

Activity

Recent News
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