Investors

Radu Georgescu is a serial entrepreneur and angel investor in technology and internet ventures. He founded the GECAD Group in the early 90’s.

In the last 20 years (1992-2012) he has been involved in a number of ventures, many of which were startups. Radu had his first successful business exit in 2003, when he sold RAV Antivirus, a company he founded in 1994, to Microsoft. The core technology and the team responsible for Microsoft’s current security initiatives originated from RAV.

In 2003 Radu received the ‘Order of the Star of Romania’, the country’s highest civilian honor, for his role in promoting information technology in the country. This event marked the beginning of the recognition of IT talent in Romania and Eastern Europe.

Following the successful exit of RAV, Radu championed the setting up of a number of technology and internet businesses, which included ‘GECAD ePayment’, which was amongst Romania’s first major ecommerce initiatives, ‘Avangate’, an international ESD company and ‘Axigen’, a state of art mail server. In addition to these businesses, Radu also invested in several other technology and internet startups.

The second major exit for the ‘GECAD Group’ was in 2010, when MIH/Naspers acquired ‘GECAD ePayment’ and deployed the technology developed by the company throughout their regional operations.

As Chairman of the ‘GECAD Group’ Radu also plays an active role in promoting entrepreneurship in the technology and internet sector and mentors young entrepreneurs as well as students who are ambitious of a career in this space. He is also an active member of ‘VentureConnect’, an initiative set up to fund young technology companies and is actively involved with ‘ANIS’, Romanian National Software Association.

In addition to being a keen sportsman, Radu enjoys art and culture and is a supporter in protecting his country national heritage.