blackland [at] lightercapital.com
BJ Lackland joined Lighter Capital as CEO in 2012. BJ has spent his career working
with emerging technology companies as an operating executive and investor. He has
been a venture capitalist, the CFO of a public technology company, a consultant
to early stage companies, an angel investor, and a senior finance and marketing
leader at startups.
Before joining Lighter Capital, BJ was a consultant to early stage technology companies
and was an active member of the Northwest Energy Angels. Previously, BJ was the
CFO of Power Efficiency Corporation, a publicly traded energy efficiency technology
company, and was the Vice President and Director of Summit Energy Ventures, a $25
million venture capital fund focused on investments in energy technologies. Earlier
in his career, BJ was the Director of Strategic Relations at EnCompass Globalization,
a provider of software globalization services and international e-commerce services,
and was the Director of Strategic Planning and Corporate Development at webStrategic,
an Internet business development consulting company. BJ also worked at The National
Bureau of Asian Research, a bipartisan think tank focused on U.S. economic, political
and security policy toward Asia.
BJ received an MBA from the University of Washington’s Foster School of Business
(1999), an MA in International Studies (China Studies) from the University of Washington’s
Jackson School of International Studies (1999), and a BA in Politics, Philosophy
and Economics from Claremont McKenna College (1993).
jroper [at] lightercapital.com
John Roper has more than 18 years experience in software engineering and technical
leadership. He is the veteran of two fortune 500 companies and five software startups,
and has been awarded three patents.
Before Lighter Capital John was a Principal Software Engineer at eBay Inc., where
he lead a team developing technologies that combined machine vision features with
traditional text based features. He was awarded two patents for this leading edge
work. Prior to eBay, John was employee number one at Positronic Inc., a machine
learning quantitative hedge fund, where he developed natural language technologies
to determine sentiment of publicly traded entities using unstructured data. Positronic
was acquired by eBay Inc in 2008. Before Positronic John was the Software Architect
at Judy’s Book Inc., an early web 2.0 product and service review startup, where
he oversaw all aspects of the technology, from back end database to front end user
interface design. Earlier in his career, John spent five years doing enterprise
software design at Microsoft corp. where he lead a team developing secure stored
value systems, machine learned categorization of data, and building scalable back
end systems for MSN Shopping. While there, John was awarded a patent for his pioneering
work on ad display systems.
rbelcher [at] lightercapital.com
Rob Belcher leads the investment and finance efforts at Lighter Capital and has
been instrumental in developing revenue-based finance best practices.
Rob has 12 years experience in investment banking, venture capital and consulting.
He has managed a consulting effort to develop cost competitive, sustainable aviation
biofuel for Qatar Airways, vetted new investment opportunities and supported existing
portfolio companies for west-coast venture capital firm Voyager Capital, provided
transaction advisory services for outdoor industry companies at Silver Steep Partners
(acquired by D.A. Davidson) and was an energy analyst at Edinburgh, Scotland-based
research and consulting firm Wood Mackenzie, Ltd.
Rob has an MBA from the University of Washington and a BA in Economics from Colby
motter [at] lightercapital.com
Molly Gregg Otter joined Lighter Capital in 2013 as Chief Investment Officer and
VP of Credit. She has over 11 years of experience as a lender working as a generalist
across all segments of the capital structure.
Molly was previously a Vice President at AEA Investors LP. Molly joined AEA as part
of the initial founding of the Debt Group in 2005. During her tenure at AEA, she
served as member of both the Mezzanine and Senior Debt teams and was involved in
over 25 portfolio investments. She has previously worked at American Capital Strategies,
a business development corporation, and GSC Partners, a private equity firm with
investments vehicles which served the High Yield and distress debt industries. Molly
received her M.Sc. from the London School of Economics (2004) and a B.A. in history
with a minor in Economics from Dartmouth College (2000).
Email: lpishue [at] lightercapital.com
Lexine is a self-taught web developer with over 12 years of experience in the Seattle
software scene. She began as a physics intern with Kinetic Books Inc., where she
moved into a full time position in web development and xslt specialty to help develop
the company's first two browser-based textbooks. She's got a strong background in
After taking a brief sabbatical to start her family, she is excited to be back in
the mix at the leader in revenue based finance.
Erik joined Voyager Capital
in 1998 where he focuses on SaaS, Cloud Computing, Big Data and Marketing Analytics.
He currently represents Voyager on the boards of directors of Act-On Software, Chirpify,
Covario, Elemental Technologies, Lighter Capital, Lytics and Zettics. Erik was previously
responsible for Voyager¹s investments in aQuantive (acquired by Microsoft), Capital
Stream (acquired by HCL Technologies) and Kryptiq (acquired by Surescripts). Prior
to Voyager, Erik was an investor for Seattle-based WRF Capital after leadership
roles at Mimix Inc., a pioneer in the area of motion capture and animation software
for the gaming industry. Erik started his career in New York for a predecessor bank
to JPMorgan Chase, advising and financing private equity clients. Erik earned a
BA in economics from Pacific Lutheran University and an MBA with honors from Harvard
As Managing Partner and Portfolio Manager at Summit Capital, a globally focused, multi-strategy investment
firm located in Seattle, Washington, Rob spends most of his time scouring the globe
for investment opportunities, connecting with and funding fellow entrepreneurs and
investment managers seeking to build and support long term sustainable businesses
in growth markets.
In tandem with his broader duties at Summit, Rob manages the private markets investment
program at the firm. Summit has deployed capital to over fifty companies and firms
operating within industries ranging from agriculture, specialty finance, clean technology,
digital media and real estate as well as to broader middle market businesses globally.
Rob serves on the boards of directors of Lighter Capital, GADCO Coöperatief U.A.
and Uptap Games.
A former securities analyst covering the digital media industry, Rob started his
career in 1995 at Friedman, Billings, Ramsey, an Arlington, Virginia based investment
bank and institutional brokerage firm. In 2002 Rob co-founded Martin Investment
Group (MIG), a predecessor company which merged with Summit Capital in 2006. Rob
holds a BA in Political Science from Temple University and an MBA in Finance and
Investments from George Washington University.
Rob lives in Issaquah with his wife and two children. He is an active member of
St. Joseph School and Parish of Issaquah, serving on the long term planning committee.
Rob is also involved with various organizations supported by Summit, including Habitat
for Humanity and Team Gleason, among others.
Prior to Lighter Capital, Andy was the co-founder and CEO of Judy’s Book, a local
search social network. Prior to founding Judy’s Book in 2004, Andy co-founded three
successful Internet technology companies: Kefta, a leading provider of real-time
customer interaction solutions (acquired in 2007 by Axciom); Abuzz, an enterprises
knowledge management solution (acquired by New York Times Digital in 1999); and
Firefly Network, an Internet company that pioneered internet personalization technologies
(acquired by Microsoft in 1997). Andy also spent time as an entrepreneur in residence
for SOFTBANK Venture Capital (now Mobius VC).
Jeff Seely founded and was Chairman and CEO of ShareBuilder Securities, one of the
largest online brokerage firms in the US. The company reached over $50M in revenues
and was sold to ING Direct for $220 million in 2007. Jeff is currently a trustee
on the Washington State Investment Board, which oversees more than $70 billion of
pension assets for Washington state employees, and a member of the board of directors
of Redmond-based Concur (Nasdaq:CNQR), a company focused on employee spend management
software. Jeff also previously served as the CEO of Recruiting.com (formerly known
as Jobster, Inc.) from 2008 to 2010. Earlier in his career, Jeff spent 15 years
in investment banking at Robertson Stephens & Co., Dean Witter and Smith Barney,
where he focused on financings, IPOs, and mergers and acquisitions for financial
services firms and consumer businesses. Jeff received an MBA from Columbia University
and a BA in economics from St. Lawrence University.
Managing approximately $600 million in assets, Summit Capital is a fully independent
Registered Investment Advisor focused on providing clients with a responsible approach
to comprehensive asset management. Founded in 1996, Summit Capital’s core investment
philosophy is an opportunistic, value-oriented approach centered on preservation
of capital, provoking solid risk-adjusted returns in all market environments.
Voyager Capital is a leading West Coast information technology venture firm that
provides entrepreneurs with the resources, experience and connections to build successful
companies. Voyager invests primarily in early stage, digital media, software and
services, wireless and cleanIT companies, where the firm's domain expertise, and
go to market and team building resources help build market leaders. Voyager Capital
has $370 million under management with offices in Seattle, Washington; Portland,
Oregon; and Menlo Park, California.
RevenueLoan is a registered trademark of Lighter Capital. © 2011 Lighter Capital. All Rights Reserved.