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Alexander Galitsky

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Alexander Galitsky
EmployerAlmaz Capital

Alexander (Sasha) Galitsky is an entrepreneur and investor in the United States and Europe.[1][2]

Career[edit | edit source]

Born in Ukraine in 1955, he began his scientific career designing software for defense satellites in the former Soviet Union.[3] Galitsky was the youngest program leader for programs like on-board computer systems, including MIR space station, and low-orbit data communications.[4]

In 1991, he founded and became president of ELVIS+,[5] a private encryption software company,[6] and later in 1993 secured funding from Sun Microsystems as well as a licensing and joint-development agreement. His team introduced one of the first implementations of 802.11 protocols in PCMCIA standard back in 1993. Sun Microsystems launched to the market first VPN product for Windows environments SunScreen E+, based on the licensed from ELVIS+ VPN product ELVIS SKIP and technology in 1997. Galitsky went on to work in support of democratizing encryption software launching a new security company, Trustworks Systems, in 1998 in Amsterdam, The Netherlands.

Galitsky’s international startup career led to founding several companies in Europe.[7] After ELVIS+ (In 1997, ELVIS-PLUS was ranked by experts of the Wall Street Journal among the top ten "hot" IT companies in Central and Eastern Europe) he founded and led as CEO TrustWorks Systems (sold to Hamsard), EzWIM (sold to TMT Ventures), ELVIS Telecom (sold to Telenor), and ELVEES in the field of multicore chip development, DSP processors and intelligent video surveillance systems.

For his technical achievements with TrustWorks Systems, Galitsky was named a Technology Pioneer at the World Economic Forum in Davos in 2000.[8]

In 2007, he co-founded and became managing partner of Almaz Capital,[9][10] an international VC fund headquartered in Silicon Valley. Backed by Cisco Systems, EBRD, and IFC, Galitsky and the firm focus their work on identifying and funding tech startups and creating a bridge for entrepreneurs from Eastern Europe to reach global markets.[11]

Background[edit | edit source]

Galitsky is a Dutch citizen, although lives on an airplane and regularly meets with entrepreneurs in the U.S. and in Central and Eastern Europe at dozens of startup events (SVOD, InfoShare, SeedStars, Slush, Webit and others) in emerging tech hotspots.[12] He serves on the board of the Ukrainian Venture Capital and Private Equity Association and is President of the Eastern European Tech Tour 2018. He also was President of the first Tech Tour to Russia in 2004 and its Chairman in 2009. He joined tech executives John Chambers and Eric Schmidt on the Skolkovo Foundation Council and serves on Board of Trustees at Skolkovo Institute of Science and Technology, which was founded in Russia under supervision of MIT.[13][14]

Galitsky is a winner of the Russian-stage Entrepreneur of the Year 2013 competition which has been held since 1987 and is considered the most prestigious and well-known international competition in the field of entrepreneurship.[15][16]

He was nominated as the Best European VC of the Decade by The Investor AllStars Awards.[17]

References[edit | edit source]

  1. "From Russia With...Startup Dreams" Fast Company. Retrieved 2018-04-29.
  2. "Ukraine has one of the hottest tech scenes in Europe" Tech Republic. Retrieved 2018-05-10.
  3. "Voyage to the Center of the Network: From Spy Satellites to Security Software" Wall Street Journal. Retrieved 2018-05-15.
  4. "Computer History Museum to Feature an Evening Tracing Cold War Spying, Intrigue and the Origins of a Soviet Computer technology Hub" Computer History Museum. Retrieved 2018-05-15.
  5. "Defense Industry Restructuring in Russia" Center for International Security and Arms Control at Stanford University. Retrieved 2018-05-15.
  6. "Elvis+ strikes out on its own" ZD Net. Retrieved 2018-05-15.
  7. "Sasha's Security Guard" Wall Street Journal. Retrieved 2018-05-15.
  8. "Trustworks honored in Davos" AG Connect. Retrieve 2018-05-15.
  9. "Elevator Pitch: Sasha Galitsky on the growing tech ties between Russia and Silicon Valley" Mercury News. Retrieved 2018-04-30.
  11. "Sasha Galitsky: “The strengths and weaknesses of Eastern Europe in the field of technology are related in part to its communist past”" East-West Digital News. Retrieved 2018-04-29.
  12. "Startup stars head for Seedstars" Gadget. Retrieved 2018-04-29.
  13. "Galitsky: Physical contact critical for Skolkovo startups" Skolkovo. Retrieved 2018-05-10.
  14. "The Skolkovo Foundation Council approved key development priorities" Skolkovo. Retrieved 2018-05-10.
  15. "Support for entrepreneurship in Russia" EY.com. Retrieved 2018-05-16.
  16. "Tech trends in Eastern-Europe – Interview with Alexander Galitsky, Almaz Capital Partners" Tech Tour. Retrieved 2018-05-18.
  17. "Alexander Galitsky to be the next speaker for EY/Takeoff Entrepreneurs talk" Malta Today. Retrieved 2018-05-18.

Category:Businesspeople Category:Living people Category:Venture capitalists

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