One of Canada’s Top Venture Capitalists Joins Vision Critical Executive Team
TORONTO – January 14, 2013 – Vision Critical, the leading provider of insight community technologies, today announced that Derek Smyth, former managing director at OMERS Ventures and Vision Critical board member, has joined as Chief Revenue Officer (CRO). One of the most highly respected venture capitalists in Canada, Derek will work with the sales and marketing teams on global go-to-market strategies to accelerate growth, enter new markets and deliver a world-class customer experience.
“Derek is a major player in the investment community and has a keen eye for selecting and grooming Canada’s rising stars. His track record is impeccable, and his customer-centric approach aligns well with our core philosophies,” said Scott Miller, group CEO of Vision Critical. “We are fortunate to have his expertise and leadership to drive our growth and capabilities to the next level.”
Derek brings more than 20 years of experience helping companies accelerate their growth strategy as both a venture capitalist and technology executive. While at OMERS Ventures, Derek led numerous investments for recognized technology companies, including Hootsuite, Hopper, BuildDirect, Desire2Learn, Fusebill, Vidyard and others. As a partner at Edgeston Capital he managed investments for many companies, such as Varicent Software (purchased by IBM) and Rypple (purchased by Salesforce.com).
Before entering the venture capital industry, Derek held operational roles as CEO of Bridgewater Systems (purchased by Amdocs) where he was instrumental in the company’s turnaround and as COO of Ironside Technologies (purchased by SSA) where he was responsible for global sales, marketing, product and professional services.
“During my time on the Vision Critical Board of Directors I was able to work with the Vision Critical team and experience first hand the type of talent and forward thinking that has been the foundation of their success to date. When you have global brands clamoring to tell the world about the impact your software has made on their business, it speaks volumes about the product and people at Vision Critical,” said Derek Smyth, CRO of Vision Critical. “Vision Critical has massive market potential, and I’m excited to join the team as they are on the cusp of being a global powerhouse.”