Don Basile

{{Short description|American businessman}}

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{{Infobox person

| name = Donald Basile

| image =

| education = Stanford University, Ph.D. & M.S. in Electrical Engineering

| occupation = High Tech Investor

| known_for = {{unbulleted list|President of Lenfest (1993{{ndash}}1997)|Senior Director of Netfish (1999{{ndash}}2000)|CEO of Fusion-io (2008{{ndash}}2009)|CEO of Violin Memory (2009{{ndash}}2014)}}

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Don Basile is an entrepreneur and high tech investor best known for his work in the fields of technology, healthcare, and telecommunications.{{cite web|url=http://www.thefreelibrary.com/Iron+Capital+Appoints+Dr.+Don+Basile+as+Managing+Director+for+Venture...-a0197447454|title=Iron Capital Appoints Dr. Don Basile as Managing Director for Venture Arm|date=April 8, 2009|accessdate=16 October 2015}}

Don Basile currently serves as an investor in multiple companies{{cite web|url=https://www.theregister.co.uk/2015/09/25/im_baacckk|title=Look out, Silicon Valley – Don Basile is back to kick ass and chew gum|publisher=The Register|date=September 25, 2015|accessdate=October 8, 2015}} He is a contributing author at Tech Crunch and The Next Web.{{cite web|url=https://techcrunch.com/contributor/don-basile|title=Don Basile - Contributing Author at Tech Crunch|publisher=Tech Crunch|date=December 9, 2015|accessdate=December 11, 2015}}{{cite web|url=https://thenextweb.com/author/donbasile|title=Don Basile - Author at The Next Web|publisher=The Next Web|date=September 25, 2015|accessdate=December 11, 2015}}

Education

Basile earned an MS and PhD in Electrical Engineering from Stanford University in 1988 and 1993, respectively.{{cite web|url=http://www.poandpo.com/who-is-promoted/iron-capital-don-basile-managing-director-for-venture-arm/|title=Iron Capital: Don Basile managing director for Venture Arm|publisher=Post Online Media|date=April 9, 2009|accessdate=10 August 2015}}

Career

Basile is an investor in Cumulus Logic, Liqipel, Calient Technologies, RiverMeadow Software, and Sureline Systems.

In 2006, Basile became the Chairman of the Board at Fusion-io and became CEO two years later,{{cite web|url=http://seekingalpha.com/article/1765532-violin-memory-winning-over-the-intelligence-community-is-the-fortune-100-next|title=Violin Memory Winning Over The Intelligence Community - Is The Fortune 100 Next?|publisher=Seeking Alpha|date=April 8, 2009|accessdate=10 August 2015}} where he convinced Apple co-founder Steve Wozniak to come on as chief scientist.{{cite web|url=https://money.cnn.com/2009/02/13/technology/fusion-io.fortune/index.htm|title=The man who wooed Woz|publisher=Fortune|date=February 13, 2009|access-date=10 August 2015}}. In his first year as CEO, the company achieved over $10M in sales and earned a Red Herring Global 100 award.[https://web.archive.org/web/20150323095413/http://www.highbeam.com/doc/1P1-160805201.html HighBeam] After leading Fusion-io through A and B rounds of funding, Basile transitioned to Violin Memory, as their CEO.

Basile led Violin to raise over $400m, and announced a strategic partnership with Toshiba Corporation, the inventor of NAND flash. After more than four years of collaboration, Violin terminated Basile.{{cite web|url=http://www.businessinsider.com/violin-memory-fires-ceo-don-basile-2013-12|title=Violin Memory Fires CEO Don Basile - Business Insider|date=16 December 2013|work=Business Insider}}{{Cite web|title=Violin Memory replaces CEO Basile following weak IPO, quarterly results|url=https://www.techtimes.com/articles/2083/20131217/violin-memory-replaces-ceo-basile-following-weak-ipo-quarterly-results.htm|last=Passary|first=Sumit|date=2013-12-17|website=Tech Times|language=en|access-date=2020-05-11}}{{Cite web|title=Violin cuts strings with CEO: Don Basile axed post-IPOcalypse|url=https://www.theregister.co.uk/2013/12/16/violin_gives_don_basile_the_heaveho/|last=at 20:24|first=Chris Mellor 16 Dec 2013|website=www.theregister.co.uk|language=en|access-date=2020-05-11}}

Basile spent nearly four years as vice-president and managing director of Raza Foundries, Inc. (RFI), a broadband networking and communications investment company. Prior to RFI, he served as Director of Operations and Partnerships at Remarq Communities, Inc. formerly known as Supernews, an Internet infrastructure provider that provided cloud services to Excite, eBay, Lycos, Amazon and other internet brands.{{cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=1882109&privcapId=3162872|title=Executive Profile|publisher=Bloomberg.com}} Basile also held management positions at Netfish Technologies, Inc., a leader in XML ecommerce; Lenfest Communications, a pioneer in the cable television industry; and UnitedHealth Group, a diversified managed health care company, which he helped grow from $560M to $1.2B.

References

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