Rick Bolander is a General Partner at Michigan eLab Venture Fund. Rick has been a private investor since 1988 launching Blue Sky Ventures, a real estate investment firm, and entering the venture capital industry in 1994 at Apex Venture Partners where he was general partner. In 1999, he co-founded Gabriel Venture Partners, an early-stage venture capital firm that invests in and assists information technology startups.
Rick identifies the smartest entrepreneurs and works side-by-side with them to build highly successful companies from the ground up. Rick has been involved in more than 50 venture deals, and has led over $100 million in early-stage financings and has had over $200 million in realizations. Rick has served on the boards of AccessLine Communications (acquired by Telanetix), Arula Systems (acquired by Raritan), Concord Communications (IPO – NASDAQ: CCRD), Exodus Communications (IPO – NASDAQ: EXDS, then acquired by Savvis), IPWireless (acquired by Nextwave), Jacked (acquired by Roundbox), Neopath (acquired by Cisco), NetScaler (acquired by Citrix Systems), Persistent Systems (IPO – BSE India: PER EQ), Placeware (acquired by Microsoft) Tut Systems (IPO – NASDAQ: TUTS), and Chegg (IPO – NYSE:CHGG).