Argon Venture Partners Opens Offices in Silicon Valley, California and Calgary, Alberta

World’s First Western Canada-U.S. Early-Stage Technology Venture Capital Firm
Calgary (Alberta), and Redwood City (California), March 15, 2007 — Argon Venture Partners, an early-stage venture capital investment firm, has announced the opening of its U.S. and Canada offices in Calgary, Alberta, and Silicon Valley, California. With two senior partner offices, Argon becomes the world’s first cross-border venture capital firm located in the U. S. and Western Canada.
 
Argon will focus on early-stage opportunities in information technology, including semiconductors, systems, software infrastructure and related services. The firm has created unique relationships on both sides of the border.  In Western Canada, Argon owns one the top angel organizations, and has established unique relationships with technology transfer offices and government agencies.  In the U.S., Argon has been selected as a preferred business partner of IBM, has strong Valley relationships and secured Dr. Lawrence G. Roberts, one of the core founders of the “Internet”, as a Special Limited Partner.
 
“Early-stage technology investing best suits the collective skill sets of our team.  With “Seed / Series A“ company valuations near an all-time low, and early-stage investment returns at historic highs, Argon will be poised to take full advantage of compelling market opportunities.” commented Jason Bross, General Partner at Argon Venture Partners in its Silicon Valley office.
 
 “Cross-border technology investment is soaring in the venture capital community. Western Canada has outstanding business conditions, technology and entrepreneurial talent, operating cost, and geographical positioning for synergistic cross-border investment with the Silicon Valley, the world’s top technology destination”, said Dr. Juan-Antonio Carballo, General Partner at Argon Venture Partners in the Silicon Valley.
 
“I am very pleased to lead Argon’s Western Canada office. My work in the region has always been devoted to the early stage technology space, and Argon’s commitment to the region and the industry is very aligned with my personal goals and the goals of the local angel network. The creation of this fund is very important to the success of Western Canadian companies”, said R. Stewart Thompson, General Partner in the Calgary office.                             
                                       
About Argon Venture Partners
 
Argon Venture Partners is a cross-border early-stage venture capital firm based in Silicon Valley, California, and Alberta, Canada.  Argon partners with visionary entrepreneurs to build information technology start-ups with long term growth potential.  Argon’s comprehensive strategy is comprised of a proprietary early stage investment process, a unique cross-border model, and an extended team with balanced, deep skill sets. 
 
For more information, please visit www.argoncap.com
Press Contact: R Stewart (Randy) Thompson
Phone: 403-313-2695
randy[at]argoncap.com
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