Financial Technology Ventures, the San Francisco-based fintech VC firm, has named Battery Ventures founder Bob Barrett as its fifth partner.
Barrett, who founded Battery Ventures 17 years ago has spent most of his career working with communications and software technologies. Among the companies his venture investments launched are trade management technology vendor Vastera, and e-finance solutions provider Corillian.
Barret says: "While many factors led me to join FTV, one of the most important is their base of 39 limited partners, who represent the world's leading financial institutions. These firms share our interest in finding innovative technologies that can improve the efficiencies and productivity of the financial services industry."
Barrett joins FTVentures' four other partners: James Hale, Bob Huret, Scott Wu and Richard Garman.