Geoffrey Arone is an American blockchain investor and advisor.
Career
Arone is currently a partner at Arrington XRP Capital, a hedge fund focused on crypto assets and
blockchain
A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, a ...
tech. He has invested in more than 50 cryptocurrency companies since 2017. Previously, he was Chief Product Officer at
Whitepages
A telephone directory, commonly called a telephone book, telephone address book, phonebook, or the white and yellow pages, is a listing of telephone subscribers in a geographical area or subscribers to services provided by the organization tha ...
. Prior to that, he was Chief Scientist of
Experian
Experian is an American–Irish multinational data analytics and consumer credit reporting company. Experian collects and aggregates information on over 1 billion people and businesses including 235 million individual U.S. consumers and more t ...
, which acquired SafetyWeb in May 2011. Arone co-founded SafetyWeb in June 2009 and raised ~ $8 million from
Battery Ventures
Battery Ventures is an American technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and Lon ...
and
First Round Capital
First Round is a venture capital firm that specializes in providing seed-stage funding to technology companies.
Founded by Josh Kopelman
Joshua Kopelman is an American entrepreneur, venture capitalist, and philanthropist.
Kopelman is best ...
. SafetyWeb is a cloud-based personal security company whose products include SafetyWeb Family and myID.
Prior to SafetyWeb, Arone was the CEO and co-founder of DanceJam with
MC Hammer
Stanley Kirk Burrell (born March 30, 1962), better known by his stage name MC Hammer (or simply Hammer), is an American rapper, dancer, record producer and entrepreneur. He is known for hit songs such as "U Can't Touch This", "2 Legit 2 Quit" ...
and Anthony Young. While running DanceJam, Arone raised two rounds of venture capital and sold the company to Grind Networks in 2009.
In late 2004, Arone co-founded
Flock, the first web browser with social network integration, with
Bart Decrem
Bart Decrem is a Silicon Valley entrepreneur who, most recently, headed the Mobile Games business for The Walt Disney Company between July 2010 and the Fall of 2013. He was born and raised in Belgium.
Early life
His first entrepreneurial ventur ...
and Anthony Young. In all, Flock raised ~ $28 million from
Bessemer Venture Partners,
Shasta Ventures
Shasta Ventures is an early-stage venture capital investment firm located in Silicon Valley that invests in enterprise and technology consumer startups. It is located on Sand Hill Road in Menlo Park.
Funds
Shasta's second fund of US$250 milli ...
, and
Fidelity Ventures
Fidelity is the quality of faithfulness or loyalty. Its original meaning regarded duty in a broader sense than the related concept of ''fealty''. Both derive from the Latin word ''fidēlis'', meaning "faithful or loyal". In the City of London fin ...
. Nearly 6 years and 14 million downloads later, Flock was acquired by
Zynga
Zynga Inc. () is an American developer running social video game services. It was founded in April 2007, with headquarters in San Mateo, California. The company primarily focuses on mobile and social networking platforms. Zynga states its missio ...
.
Education
Arone has also held product positions at
RealNetworks
RealNetworks, Inc. is a provider of artificial intelligence and computer vision based products. RealNetworks was a pioneer in Internet streaming software and services. They are based in Seattle, Washington, United States. The company also p ...
,
Informatica
Informatica is an American software development company founded in 1993. It is headquartered in Redwood City, California. Its core products include Enterprise Cloud Data Management and Data Integration. It was co-founded by Gaurav Dhillon and Di ...
, and
Oracle
An oracle is a person or agency considered to provide wise and insightful counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. As such, it is a form of divination.
Description
The word '' ...
. He holds a Sc.B. in Neural Science from
Brown University
Brown University is a private research university in Providence, Rhode Island. Brown is the seventh-oldest institution of higher education in the United States, founded in 1764 as the College in the English Colony of Rhode Island and Providenc ...
and his PhD work was also in Neural Science. He earned an MBA from the
MIT Sloan School of Management
The MIT Sloan School of Management (MIT Sloan or Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts.
MIT Sloan offers bachelor's, master's, and doctoral degree programs, ...
.
References
{{DEFAULTSORT:Arone, Geoffrey
Living people
Year of birth missing (living people)
American businesspeople
Place of birth missing (living people)
MIT Sloan School of Management alumni