The gateway to everything entrepreneurial at Cornell University

Cornell Venture Capitalists

Eric Young

MEng '78

General Partner
Canaan Partners (Menlo Park, CA)

Biography

Since he co-founded Canaan in 1987, Eric has generated numerous positive investment outcomes from his active investor role in companies such as Argon Networks, Capstone Turbine, Copper Mountain Networks, Diffusion Software, Frame Technology, International Network Services, Kalpana, ONI Systems, Spectrian and Visigenic Software. Eric is leading Canaan's portfolio of investments in the power, energy and semiconductor sectors. He became an early investor in energy-related clean technologies, starting with Transphase Systems in the early 1990s, an innovative energy storage technology firm addressing efficient energy usage within large commercial facilities. Eric spearheaded Canaan's investment in the startup phase of Capstone Turbine, the world leader in the microturbine power generation equipment marketplace. As an active Board member for 13 years, Eric helped transform Capstone Turbine from an engineering project into a publicly-held leader in the distributed power generation industry. Eric has also been a director of Enpirion, an early stage company that manufactures high-efficiency, intelligent power supply modules for electronic systems ranging from mobile consumer devices to servers and infrastructure systems. Most recently, Eric has been advising Zolo Technologies on the development of strategic relationships for deploying their optical measurement technology in established power generation markets. Prior to Canaan, Eric was a Senior Vice President of GE Venture Capital where he initiated a number of successful investments in companies such as Nellcor and Octel Communications.

Eric recently served for five years as Silicon Valley's VC industry representative on Nasdaq's Listing and Hearing Review Council. He also is a member of Advisory Council of Cornell University's entrepreneurship initiative, Entrepreneurship@Cornell.

Education

Eric holds a BS in Mechanical Engineering from Cornell University and a MBA from Northwestern University.

Board Affiliations

He currently sits on the boards of Cortina Systems, eBates Shopping and Lancope.