Updata Partners, a leading growth-stage venture capital firm focused in the information technology industry, announced that James Socas, former Senior Vice President and Head of Corporate Development at Symantec Corporation (Nasdaq: SYMC), has joined the firm as a General Partner based in the Reston, Virginia office. “James is an exceptional addition to the Updata team bringing with him that unique combination of operational experience, strategic insight, and deep software domain expertise that is at the core of Updata’s approach,” said John Burton, Updata Partners’ Managing General Partner. Mr. Socas led corporate development at Symantec, the world’s fourth largest independent software company, where he was responsible for mergers and acquisitions, venture investments, and strategic alliances. Prior to Symantec, he was a Managing Director and investment banker at Credit Suisse First Boston and Donaldson, Lufkin Jenrette where he advised many leading software companies in their strategic initiatives. Mr. Socas has also worked on the staff of the U.S. Senate Banking Committee and currently is appointed to serve on the State of Virginia’s Board of Corrections. He earned an M.B.A. from Harvard University and a B.A. from the University of Virginia. “Updata Partners is recognized as one of the most dynamic and respected venture capital firms in the industry,” said Mr. Socas, newly appointed Updata General Partner. “I am thrilled to work alongside the current team of world class partners to continue that record of success and drive the next stage of growth for the firm, its investors and our portfolio companies.”
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