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In 1997, Stata contributed $25M [1] to the construction of a new academic complex on the MIT campus called the Ray and Maria Stata Center. [23] The building was designed by Frank Gehry. [24] Ray and Maria are life trustees of the Boston Symphony Orchestra. [25] In 1999, Ray and Maria Stata endowed the music director chair position. [26]
Stata is co-founder and general partner of Boston Seed Capital. [4] [2] The firm was an early investor in DraftKings [5] and is in turn a partner in the venture capital arm of DraftKings (Drive by DraftKings). [6] In 2016, Stata was identified as one of 30 most influential people in Boston technology by Boston Magazine. [7]
In a series A round in 2010 Yottaa raised $4 million of venture funding from General Catalyst Partners, Stata Venture Partners and Cambridge West Ventures to build its acceleration platform. [11] In 2012 Yottaa named Raymie Stata, a former CTO of Yahoo!, in its board of directors. [8]
Ember was founded in 2001 by Andrew Wheeler and Robert Poor. [3] Both were students at MIT when they founded Ember with $3 million in seed funding led by Polaris Venture Partners with DFJ New England, Stata Venture Partners, and Bob Metcalfe. [3]
The new venture says that it will create more than 100,000 jobs in the United States. Altman has said that SoftBank will have the "financial responsibility" of the venture and OpenAI will have the "operational responsibility". [12] Arm, Microsoft, Nvidia, Oracle, and OpenAI are the key initial technology partners. [21]
Investors included Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners, Stata Venture Partners and Harris & Harris Group. In May 2013, Nantero completed series D with an investment by Schlumberger. [15] EE Times listed Nantero as one of "10 top startups to watch in 2013". [16]
Stata Center, officially the Ray and Maria Stata Center and sometimes referred to as Building 32, is a 430,000-square-foot (40,000 m 2) academic complex designed by architect Frank Gehry for the Massachusetts Institute of Technology (MIT). The building opened for initial occupancy on March 16, 2004.
Alan E. Salzman (born 1953) [1] is an American venture capitalist and managing partner. [2] He is the co-founder, CEO and Managing Partner of VantagePoint Capital Partners, a venture capital firm in the U.S. and an investor in clean technology companies.