Jim Armstrong, board member, lead investor, is a successful and experienced venture investor across a variety of enterprise and consumer -facing technology companies. He is a founding partner of several venture funds including March Capital Partners. Jim was a lead early “pre-product launch” investor and on the board of consumer hits like PayPal, NetZero and CarsDirect and has led investments across enterprise technology and business-to-business companies that have dozens of M&A and IPO exits. On several occasions Forbes Magazine has recognized Jim on its “Midas List” as one of the top Venture Capitalists in the United States.
A veteran venture capital fund manager with expertise in all aspects of Information Technology investing, Jim has produced well over $1 billion in gains for his investors during his career and has established himself as one of the venture industry's premier IT investors. Prior to forming Palomar Ventures, Jim led early-stage IT investments as general partner for Enterprise Partners Venture Capital. With experience as chief executive officer of several successful companies in both the US and Europe, Jim combines a strong technical and management background with an outstanding record as an investment professional to guide and oversee the investment strategy for the Palomar fund. Jim has led investments in such market leaders as webMethods (WEBM), Efficient Networks (EFNT, Siemens), Borland (BORL), American Home Lenders (LEND), Rendition (Micron), XLNT Designs (Intel), Isocor (ISOC, Critical Path), Digital Style (Netscape), and numerous other successful public and private companies. He currently serves on the board of six private companies: Ace Metrix, Composite Software, CoreObjects, Dorado, Lombardi Software and Paymetric. Apart from his professional work, Jim also places a high priority on community involvement, with a philanthropic emphasis ranging from underprivileged and foster youth, to research work for cancer and mental health, to environmental protection and civil liberties. Jim holds a BA in mathematics from UCLA and was a PhD Candidate in Mathematics and Philosophy at Johns Hopkins University.