Erik B. Rasmussen

Erik B. Rasmussen

Senior Vice President and Managing Director

Helping Entrepreneurs Build World-Class Companies.

Erik has been responsible for providing the support, analysis and insight needed to identify, and accelerate the growth of, numerous successful Internet/New Media, Software and Technology-Enabled Services companies.

Erik has nearly 20 years of experience including venture investing and operations. During his career, Erik has held various positions at software, investment banking, private equity, and venture capital firms.

Instrumental in investing, sourcing and conducting due diligence throughout his career, Erik works closely with Safeguard’s partner companies to provide support, analysis and insight. Erik is currently a board member at Safeguard’s partner companies Brickwork, Clutch Holdings, Full Measure Education, MediaMath, Spongecell and WebLinc. Erik served on the board of former Safeguard partner companies including Kadoo (acquired by 3Sixty); (acquired by NetCycler); and ThingWorx (acquired by PTC, NASDAQ:PTC).

Prior to joining Safeguard in 2006, Erik was a partner at WWC Capital Group, LLC, an investment banking and venture capital firm based in Reston, Va. Erik joined WWC Capital in 2001 and managed WWC Capital’s venture capital investments. He targeted investments in a broad range of areas including Internet/New Media, Software, and Technology-Enabled Services. He led WWC Capital’s investments in DoublePositive, Lightningcast (acquired by AOL), Lighthammer (acquired by SAP), Sentori (acquired by MIND CTI), and ServiceBench (acquired by NEW), and was involved with other WWC Capital investments including Social Solutions, WeatherBug, and First Equity Card.

Erik came to WWC from The Aurora Funds, a venture capital fund based in Durham, N.C. He managed Aurora’s Washington, D.C. office, focusing on Internet, software, and wireless investments. Erik had primary responsibility for several of Aurora’s most successful investments including Blackboard (NASDAQ:BBBB), DataFlux (acquired by SAS) and Accipiter (acquired by Engage). In addition, he served as a director or board observer for Mobile-Mind (acquired by WorldCell), Porivo (acquired by Gomez), InterAdNet, Vetcentric (acquired by Vets First Choice), Engenia and

Earlier, Erik was a Business Development manager for RISCManagement, a network and systems integrator whose customers included Fortune 500 companies. Prior to joining RISCManagement, Erik was a Product Manager for a line of TCP/IP products at Beame & Whiteside Software, a private networking software company that was acquired by Hummingbird Communications, Ltd.

Erik earned a BA degree in Economics from Lake Forest College and an MBA from Boston College’s Carroll School of Management.

"Safeguard’s ability to spot the potential in emerging technology markets has been proven time and time again—from the earliest days of computer networking to the ‘Internet of Things’ today."

October 2, 2015

Come for a ‘Taste of Philly’. Leave with a new vision for the future of marketing, advertising and ecommerce.

Safeguard Scientifics and digital media partner companies Clutch Holdings, MediaMath, QuanticMind, Spongecell and WebLinc are hosting a ‘Taste of Philly’ event during next week’s Digital…

December 30, 2013

Internet of Things gets boost with PTC acquisition of ThingWorx

In February 2011—long before the term “Internet of Things” became a hot business buzzword—Safeguard Scientifics saw potential in ThingWorx, the first application platform that lets…

October 11, 2012

ThingWorx Series C Financing Highlights Growth of M2M App Development

One opportunity that has arisen from the proliferation of mobile devices, and especially smart devices, is developing applications for the connected world. The number of…