News
Brian Crosby Joins NiFTy’s Board of Advisors
Brian Crosby, Partner at Falconhead Capital, joins Network Foundation Technologies’ Board of Advisors
Los Angeles, CA. August 3, 2009 – Network Foundation Technologies (NiFTy) announced today that Brian Crosby has joined the company’s Board of Advisors. Crosby is a Partner at Falconhead Capital, which he joined in 2002. Based in New York, Falconhead Capital is a private equity firm focused on growth investments in the consumer, leisure, sports and media sectors. Prior to joining Falconhead Capital, Mr. Crosby co-founded Wright Venture Partners, a boutique private equity firm focusing on developing, advising and funding several venture investment opportunities.
Before founding Wright Venture Partners, he worked at Icahn Associates, a private investment group, investing in growth equity, leveraged buyout, distressed, and public equity opportunities. Crosby began his investment career as an Associate at Kohlberg & Company, a $1.2 billion private equity firm, performing leveraged buyouts and growth equity investments.
As a member of NiFTy’s Board of Advisors, Crosby will provide NiFTy with strategic advice and business direction. Marcus Morton, President and CEO of NiFTy welcomed Crosby onto the Board, saying, “Brian is a great compliment to the other members of NiFTy’s Board of Advisors, which already includes such notable individuals as music industry legend Clarence Avant (former Chairman of Motown Records), Writer / Producer / Director Bill McDonald (co-creator of HBO’s series ‘Rome’) and Jac Sperling (Vice Chairman of the Minnesota Wild hockey team of the NHL).”
Brian Crosby currently serves on the boards of Extreme Fitness Inc., a fitness club chain located in Toronto, and Competitor Group, Inc., a media and event business in the endurance sports space. In addition, he was involved in the investment in ESPN Classic Europe, a JV with ESPN which launched a sports cable channel in Europe. Crosby was previously a member of the boards of The Golf Warehouse, the leading online retailer of golf merchandise, and Maritime Telecommunications Network, a telecom company providing consumer media services the cruise industry.
Brian Crosby received an AB degree in History at Princeton University, and later attended the Harvard Graduate School of Business where he received his MBA. He currently lives in New Jersey with his wife and three children.
About Network Foundation Technologies, LLC
Network Foundation Technologies, LLC (NiFTy) is a name that is quickly becoming synonymous with the online broadcasting of large, live events to worldwide audiences. NiFTy’s patented technology overcomes the scalability and cost bottlenecks associated with online broadcasting, enabling the company to bring large-scale, advertiser-supported, television-style broadcasting to the Internet for the very first time. Please visit NiFTyTV.com for more information.