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Ed Addison, PhD/MBA, is Managing Partner of Infinity Venture Group, where he is an established serial entrepreneur who develops new ventures originating at universities and research institutions.
He is currently co-founder and CEO of TeraDiscoveries, Inc., a revolutionary drug discovery venture that originated at Duke University, that dramatically reduces the time and cost of drug design and development by using high performance computing. He
is also overseeing the launch of a new global climate data search engine in collaboration with NC State University and the National Climate Data Center in Asheville, NC. As a serial entrepreneur and venture adviser, Ed has started four companies, has twice been named "Entrepreneur of the Year", has had three liquidity events
as an entrepreneur, and has invested in and/or served on committees for 7 venture capital funds and incubators. Ed has
developed market expertise in the pharmaceutical/biotechnology markets, the IT/internet market, and in emerging technology
markets including alternative energy. Ed is a frequent public speaker and
a university professor on entrepreneurship, innovation, engineering and computer science. Ed has a classic "T" background with broad management and entrepreneurial skill, as well as deep technical skills in engineering, IT and life sciences. He
frequently lectures for NC State University and has previously taught over 1000 students at Johns Hopkins University between 1986 and 2011, where he helped establish the largest and most comprehensive online MS degree in Bioinformatics worldwide, as well as a popular course called New Technical Ventures for engineers, which resulted in several students starting their own companies. He is a donor and member of the New England Complex Systems Institute, a research institute dedicated to the study of complexity.
Ed's early years in industry were with
Westinghouse Electric and Booz Allen. After several years of senior program management in industry with these firms, and experiencing the limitations of bureaucratic
managers, Ed chose to became an entrepreneur in 1990 with his first venture, ConQuest Software, a search engine company. There, he was named "Entrepreneur of the Year" in 1994 by the Information Industry Association. After achieving #51 on the National Fast 500, ConQuest merged with Excalibur Technologies (formerly "EXCA") in
1995 in a $33M transaction which returned up to 70X for investors. After Excalibur, Ed founded Powerize.com, a business portal company. Powerize acquired "IBM Infomarket" and "Lotus Newsstand" from IBM, and then merged with Hoovers in 2000 in a $22M transaction. Hoovers later merged with Dunn and Bradstreet.
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