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TiE-Boston names Prat Moghe as organization’s new President
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Release Date:
02/16/2012 In this role, he will be responsible for the overall vision and direction of TiE’s mission of fostering entrepreneurship for the growing organization.
Moghe was most recently Senior Vice President at Netezza, a leader in data analytics, when it was acquired by IBM for $1.7B in 2010. He currently leads Strategy, Products, and Marketing for IBM Netezza appliances.
Moghe has a long and accomplished record of entrepreneurism, having started his career at Bell Labs researching systems management and networking, after earning his Ph.D. from UCLA. Soon thereafter, he founded two companies: StreamCenter and Tizor (acquired by Netezza).
He has been a part of the TiE community for more than 16 years and is an active member of TiE-Angels.
Desh Deshpande, founding member TiE-Boston and a serial entrepreneur said, “TiE has played an important role in fostering and mentoring entrepreneurs. Prat Moghe has the skills and the experience to lead TiE-Boston and take its mission to a larger community and help the next generation of entrepreneurs succeed. I am confident that Prat will be innovative and entrepreneurial in leading TiE-Boston to new heights.”
“It is great to be part of this group of experienced and leading entrepreneurs who have created one of the largest eco-systems of startups in the country,” said Moghe. He added, “I look forward to an effective exchange between charter members and aspiring entrepreneurs as being central to TiE’s work.”
He continued, “TiE globally has been responsible for an estimated $200 billion in wealth creation and raising 6% of all venture capital in the United States. TiE has a significant role to play in defining a “come-back” moment for the economy on the east coast. A challenging environment is the best time to create startups that become the rising tide. Our vision is to expand and energize our community to drive this tide and create the broadest possible impact.”
Jit Saxena, a member of TiE-Boston Board, said, “Prat is uniquely suited for this role. As a successful serial entrepreneur, he has a good understanding of both the challenges and the opportunities entrepreneurs face in getting businesses started and then scaling them. I am personally very excited to see Prat accept this role.”
For more information on TiE-Boston and its activities please contact Vanita Shastri, Executive Director, TiE-Boston, at vanita@tie-boston.org, or 781-272-3875.
About TiE-Boston
Since 1997, TiE-Boston (www.boston.tie.org) has provided entrepreneurs with vital resources for every stage of the entrepreneurial process. TiE-Boston runs several vibrant programs to educate, mentor, network and inspire entrepreneurs in the community, and connects entrepreneurs with each other and other stakeholders including other experienced entrepreneurs, investors, and service providers. It is part of the TiE-Global (The Indus Entrepreneurs) group that is the largest not-for profit organization fostering entrepreneurship.
