Nick McNaughton

Nick McNaughtonChief Executive Officer

Phone   +61 2 6247 7000
Mobile   0413 227 711

Nick has a long track record of helping to build and grow software and web companies, and has been a successful angel investor, business mentor, and through Blue Cove Ventures which he established and ran between 2007 and 2012, the CEO of a successful investment fund.

Building on 16 years of experience in bringing US software companies into the Pacific, Nick turned to personal and professional investment in domestic software companies in 1998, specialising in web / mobile / cloud / SaaS and Enterprise opportunities.

Prior to founding Blue Cove Ventures Nick was instrumental in developing numerous companies to successful outcomes including:

  • Zookoda, a blog marketing service sold to Izea, the leading marketplace for Consumer Generated Advertising, in March 2007;
  • Wily Technology, developers of performance monitoring and management solutions for enterprise java applications sold to CA (NYSE: CA) for US$375M in Jan 2006;
  • Soulmates Technology, providers of multi-lingual, multi-currency private-label ASP dating solutions for MSN sold to Interactive Corporation (NASDAQ: IACI) the owner of for US$24M in April 2002;
  • Allaire (now owned by ADBE – NASDAQ: ADBE) grown globally from US$9M in Revenue (1997) to over US$100M in 2001, following the successful IPO on NASDAQ in 1998;

Nick has an Honours Degree in Computing in Business from The University Huddersfield in the UK, has an MBA from the University of South Australia and is a Graduate of the Australian Institute of Company Directors. He is the immediate past Chair of Capital Angels, was a founding member of Sydney Angels, and currently sits on the Board of Entry29, a co-working space for Canberra start-ups.

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