Dave Fachetti is a Managing Director and has been part of the investment team of Globespan Capital Partners since the firm's inception. He focuses primarily on investments in enterprise targeted software companies. He also leads Globespan's CIO Advisory Board, which he helped to establish. Dave brings deep operating expertise in fast-growth environments, a strategic market view, and an intense commitment to help the firm's entrepreneurs achieve success in the technology marketplace.
Dave serves on the board of BitSight where he is also a member of the executive team in the role of SVP of Partnerships. Dave also serves on the boards of Kaminario and Perfecto Mobile, and he is a board observer at VMTurbo. Dave previously served on the boards of BitYota (acquired by LifeLock), Cloakware (acquired by Irdeto), Cloudshare, expressor software (acquired by QlikTech), Ingrian Networks (acquired by SafeNet), Luidia (acquired by PNF), OpenSpan (acquired by Pegasystems), Q1 Labs (acquired by IBM), Reflectent (acquired by Citrix) and StrongView (acquired by HGGC). He also represented Globespan in its investments in Enterproid (acquired by Google), Kontera (acquired by SingTel) and OpenPages (acquired by IBM).
Prior to Globespan, Dave was a Principal of JAFCO Ventures, where he focused on enterprise software opportunities.Prior to JAFCO, Dave was at Family Education Network (“FEN”) where he held the positions of Senior Vice President of Sales and Marketing and Senior Vice President and GM of FEN’s distributed content management software business. Dave helped grow FEN to over 4 million monthly visitors and a national network of over 10,000 participating schools. He also helped the company to secure revenue and/or investment from America Online, AT&T, Fleet Bank, Harcourt General, Intel, Jostens and DLJ’s Sprout Group. FEN was acquired in 2000 by Pearson PLC (NYSE: PSO) in a cash transaction valuing FEN at $175 million.
Before joining FEN, Dave was at Trans National Group (TNG), where he held several senior management positions including, SVP of Business Marketing, VP of Business Development, and VP and GM of Canadian operations. He ran and then sold TNG’s Canadian credit card business to Bank of Montreal (NYSE:BMO). Dave was also a part of the founding team that developed TNG’s businesses in the UK, France and Germany. In addition to his operating responsibilities, Dave contributed to TNG’s venture investments group.
Dave began his career at PricewaterhouseCoopers working with early-stage, high-growth companies in the firm’s Comprehensive Professional Services group.
Dave received an MBA, with honors, from Boston University and a BBA, with honors, from the University of Massachusetts, Amherst and is a CPA.