Managing Director and Co-Founder, IDG Ventures
Pat Kenealy is Managing Director and Co-Founder of IDG Ventures USA, a San Francisco venture capital firm that invests in early-stage I.T. and consumer Internet companies. Since 1996, IDG Ventures USA has invested in more than 60 companies and reviewed business plans from more than 10,000 companies. At IDG Ventures, Pat supervised the fund’s successfully-liquidated investments in Andromedia, BabyCenter, FutureTense, Service Metrics, and Spinner.com, among others, which collectively returned IDG Ventures 7 times its invested capital. He was also a founding General Partner of IDG Ventures funds in Boston and London, and an Operating Review Board Member of IDG Ventures funds in China, India, and Vietnam. Currently, Pat is a Board Member at IDG, ParkMe, and Olive Media, and is a Board Observer at Yesware.
Pat joined IDG Ventures after a 20-year career at International Data Group, IDG, the world’s leading technology media, research and event company. From 2002 to 2006, he was CEO of IDG, appointed to move the billion dollar company from a print-centric business model to a Web-centric one. Kenealy grew revenues, profits and stock price in a time of huge change in the publishing market, while preserving IDG’s renowned editorial quality and its decentralized, global culture.
In the 1990s, Pat was CEO, President and Publisher of IDG’s PC WORLD magazine, and managed IDG’s PC World Global Support Center, which supported locally-published PC WORLD magazines in 30 countries. Earlier, he was Publisher of Digital News, IDG’s newspaper for the VAX minicomputer market, and Editor-in-Chief of Digital Review Magazine at Ziff-Davis Publishing and Senior Editor of Mini-Microsystems at Cahners Publishing.
He has been active in media industry and non-profit organizations, notably on the Boards of American Business Media, the Magazine Publishers Association, and the Tech Museum of Innovation. Kenealy earned a bachelor’s degree in economics from Harvard University.