Rho Capital Partners
Doug McCormick is a venture partner with Rho Ventures and an Operating Partner with Rho Acceleration. Previously serving as the CEO of a public company, Doug believes that focusing on the original investment groundwork while managing strategic goals is critical for a company’s success. His professional business operational experience is both extensive and current with outside board positions on market-leading media corporations.
He joined Rho in 2006 and focuses on investments in new media. Previously, Doug was chairman and CEO of iVillage Inc. (NASDAQ: IVIL), a company financed by Rho that Doug sold to NBC Universal in May 2006. Before iVillage, he was CEO of Lifetime Entertainment Services, the parent company for Lifetime Television Network. At Lifetime, he is credited with creating the “Lifetime Television for Women” positioning as well as conceiving and launching the Lifetime Movie Network.
In a previous life, Doug’s creative accomplishments included his work as a professional songwriter, penning lyrics for songs recorded by Paul Anka, Dusty Springfield and Gladys Knight. He received an M.B.A. from Columbia University’s School of Business in 1990 and a B.A. from The University of Dayton in 1970.
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Rho Capital Partners
Rho Capital Partners is the parent company to Rho’s three operating divisions, Rho Ventures, Rho Canada Ventures and Rho Fund Investors. Founded in 1981, Rho began its private equity activities as a family investment office. Today, Rho is a leading private equity firm that manages a series of funds, under each of its three divisions, backed by a broad group of institutional investors that include endowments, foundations, families, pension funds, and other financial institutions. Across all of Rho’s activities and strategies, our teams are committed to investing in growth and building companies over the long-term. Unique among private equity firms, Rho’s three divisions are each managed by dedicated teams who invest separate funds, yet all benefit from actively cross-leveraging other divisions’ networks to generate differentiated perspectives and insights.