Roger Chabra Joins Rho Canada as a Partner


MONTREAL, Jan. 25 /CNW/ -- Rho Canada, an early-stage venture firm focused on technology-based companies, today announced that Roger Chabra has joined the firm as its newest partner. Chabra will focus on making early-stage investments in IT and media markets.

"Roger possesses the rare combination of investment savvy, operational experience and an entrepreneurial spirit," said Rho Canada Partner Jeff Grammer. "We are pleased to welcome him to Rho Canada and are confident that his track record of solid investments and deep knowledge base will benefit our ventures across a broad range of markets."

An executive with a 15-year background in technology, telecommunications and digital media as an investor, entrepreneur and operator, Mr. Chabra comes to Rho Canada after three years with GrowthWorks Capital, where he focused on software and digital media investments. While at GrowthWorks, Mr. Chabra sat on the boards of 10 early-stage companies including NetShelter, Paymentus, Xkoto and Whitehill (acquired by Oracle), and worked in a variety of technology-focused roles with Rogers Wireless and CNC Global. Prior to his experience with Canada's two largest wireless carriers, Roger was the co-founder and CEO of Mobilessence, one of North America's earliest startups focused on virtual goods and content for smart phones. Mr. Chabra is an MBA graduate of the Richard Ivey School of Business at the University of Western Ontario and is also a graduate of the Venture Capital Institute. He currently serves on the Professional Development Committee of the Canadian Venture Capital Association.

"The Rho team is well known to me through a co-investment in NetShelter in 2008, and they share my passion for building great companies and delivering superior returns to all shareholders," said Mr. Chabra. "I am excited to be joining such an experienced group of venture investors, who are bringing a unique model to the Canadian venture landscape. I look forward to helping to build upon Rho's success and accelerating the growth of our portfolio companies."

About Rho Canada

Rho Canada, based in Montreal, is dedicated to backing leading, early-stage technology-based companies in Canada. Formed in 2006, Rho Canada is affiliated with Rho Ventures in the US and leverages off Rho Ventures' 25+years of experience in investing in venture-stage companies.




		

		For further information: Jenna Brown for Rho Canada, +1-781-791-4558, rho@inkhouse.net Web Site: http://www.rho.com