Greycroft Partners Expands Investment Team with New Hire Matt Melymuka

Melymuka will join Greycroft's New York office as a Senior Associate and will be dedicated to investments out of Greycroft's $200M growth fund, which closed June 19th of this year.

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| Source: Greycroft Partners

NEW YORK, N.Y., Aug. 8, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Greycroft Partners LLC, a leading venture capital firm that specializes in Internet and mobile companies headquartered in New York and Los Angeles, is pleased to announce the hire of Matt Melymuka as a Senior Associate in the New York office.

Matt's responsibilities will include evaluating investment opportunities, sourcing new deals, and working with existing portfolio companies with a focus on the Greycroft Growth Fund. Prior to Greycroft, Matt worked for Investor Growth Capital, a $1.5 billion growth-stage venture capital firm, where he focused on investments in the software and technology-enabled services sectors. At IGC, Matt worked on many investments including: Aternity, BillFloat, CallFire, Conductor, HireVue, Mattersight, Maxymiser, PulsePoint, and others.

"I'm thrilled to have Matt join our New York office. He has significant experience working with B2B software businesses, which is a large component of what we do at Greycroft. He is going to be a core member of the team we are assembling for the Greycroft Growth Fund," said Ian Sigalow, Partner and Co-Founder of Greycroft Partners.

Matt began his career in the Technology, Media and Telecommunications Investment Banking Group at Piper Jaffray & Co. where he worked with growth-stage businesses on a variety of advisory and capital markets transactions in the Internet, telecommunications and technology-enabled business services sectors. Matt holds a B.S. in Finance from Georgetown University, where he graduated cum laude.

"I am very excited to join the Greycroft team and help drive the growth-stage strategy at the firm," said Melymuka. "Greycroft has built a tremendous track record and reputation in the market, and I look forward to working with everyone on the team and drawing on my experience in later-stage investing to contribute to the go-forward success of the firm."

About Greycroft Partners:

Greycroft Partners is a leading venture capital firm focused on investments in the Internet and mobile markets. With offices in the two media capitals of the world - New York and Los Angeles – Greycroft is uniquely positioned to serve entrepreneurs who have chosen us as their partners. Greycroft leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, successfully bring their products to market, and build successful businesses. Greycroft manages $600 million and has made over 100 investments since inception, including leading companies such as AppAnnie, Baublebar, Braintree, Buddy Media, Collective, Extreme Reach, Huffington Post, JW Player, Klout, Maker Studios, Plain Vanilla, Pulse, TheRealReal, Trunk Club and WideOrbit. For more information please visit the Greycroft Partners website at http://www.greycroft.com.

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Greycroft Partners
Elizabeth Conway

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