With 16 years experience building successful companies and guiding them through to profitable outcomes, Dan Avida brings a strong operating background to Opus Capital.
Most recently, Dan was President and CEO of Decru Inc., a pioneering storage security company that Dan co-founded in 2001. Decru was acquired for $272.5M by Network Appliance (NASDAQ: NTAP) in 2005.
In 1989, Dan was a founding member of Electronics for Imaging (NASDAQ: EFII), which received its only round of venture funding from Weiss, Peck & Greer Venture Partners, in 1992. Initially, Dan led the Fiery project—the cornerstone of EFI’s success. He went on to be promoted several times, ultimately to Chairman and CEO. Under Dan’s leadership, EFI experienced five years of dramatic, consecutive growth, placing the company on Business Week, Fortune and Forbes lists of fastest growing companies, and on the Nasdaq 100 index.
Dan served as an officer in the Israel Defense Force during the years 1984-1989. He holds a B.Sc. degree in Computer Engineering from Technion, the Israel Institute of Technology, where he graduated summa cum laude.