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Douglas J. Downs
Member and Chief Financial Officer
Douglas Downs joined Avalon Ventures as Chief Financial Officer in late 2007 and possesses over 20 years of senior financial and operational experience in both public and private technology organizations. In addition to the CFO role at Avalon Ventures, Doug is acting CFO in a number of the early stage portfolio companies.
Prior to Avalon Ventures, Doug provided part-time CFO services to a variety of high technology companies including Avalon Ventures financed, Chumby Industries, Inc. In addition, Doug has experience as a board member and audit committee chair and as CFO has led multiple public offerings, venture financings and has financed growth through domestic and international debt placements.
Prior to starting his CFO services business, Doug was the CFO and VP of Operations for Extensis, Inc., a venture-backed, graphics Software Company that for several years was Oregon’s fastest growing enterprise. Additionally, Doug was the CFO of NASDAQ-listed GTI Corporation, a supplier of networking components and network access equipment to OEMs in the local, wide-area and telecommunications industries, which grew to $175M in revenues.
Doug began his career in financial planning and analysis for a Fortune 500 company.
He has a B.S. in Accounting from San Diego State University.
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