Overview

Gender

male

Investor Type

Angel

Investor Stage

Seed

Bill Melton has been an entrepreneur building global technology companies. In the early 80’s, Bill founded VeriFone, the transaction automation company that has made credit authorization terminals ubiquitous on retail merchant counters throughout the U.S. In 1998, VeriFone was sold to HP for approximately $2.1 billion. Then, in the early 90’s, Bill joined as an early investor and as Director of the Board of America Online. Bill has also held positions as Chairman and CEO of Cybercash, a pioneer in e-commerce transaction systems, and, in 1994, he co-founded Transaction Network Services (NASDAQ: TNSI), a nationwide network dedicated to efficient transportation of financial transactions. TNSI was sold to PSINET in 1999 for approximately $750 million.