Veteran CEO and Board Member, Brings IPO Experience and Strength in Mobile Technology and AI to Sway Ventures

SAN FRANCISCO, Sept. 28, 2017 (PRNewswire) – Sway Ventures, a San Francisco-based venture capital firm investing in early to mid stage technology companies, has named Ken Denman as a Venture Partner. The announcement was made at a private event hosted by Sway Ventures, where Ken Denman and founding General Partner, Bill Malloy, led a policy discussion around artificial intelligence with Lux Capital, Bloomberg Beta, and Intel Capital.

“Ken’s passion for technology and entrepreneurship is evident the moment you meet him. He’s a brilliant mind with a strong background in mobile technology and AI, that makes him both pragmatic and futuristic,” said Bill Malloy. “We are thrilled to welcome Ken as a Venture Partner, he holds a wealth of experience as an entrepreneur, founder, CEO, and board member.”

Denman brings nearly two decades of CEO experience to Sway Ventures’ consumer and enterprise investments, garnered through successful transformations at several companies. Most recently, he served as CEO of the AI-enabled facial expression analysis company, Emotient. Emotient was acquired by Apple in January 2016. Ken was also the CEO of public companies Openwave Systems and iPass, where he led a successful public offering. As a Venture Partner, Denman will work closely with Sway Ventures’ portfolio companies, which include: Uber, OpenGov, Addepar, and Penrose Studios, among others.

“I’ve seen firsthand how revolutionary technology can completely transform industries, and I am excited to join Sway Ventures,” said Denman. “As a former tech CEO, their model of investing early in high-performing teams and helping them drive strategy, revenue and traction, is a role I enjoy immensely.”

Denman is an active board member for Costco Wholesale Corp (COST)., Mitek Systems, Inc. (MITK), Motorola Solutions, Inc.(MSI), and LendingClub (LC). Denman formerly held board roles with Shoretel, Brightmail, Emotient, iPass, Openwave and United Online. He has also served as a Director of the Cellular Telecommunications & Internet Association (CTIA). Ken is an active member of the University of Washington’s Foundation board of directors and the UW’s Foster School of Business advisory board.

About Sway Ventures

Sway Ventures is a San Francisco-based venture capital firm investing in early to mid stage technology companies. The firm invest in high performing teams, building revolutionary technology, creating the next enterprise or consumer category. With a focus on strategic capitalization, business development support, and engineered exits, Sway Ventures provides great teams with the support they need to change the future. www.swayvc.com

Press Contact:  Patrick ONeill at 415-917-0896 or press@swayvc.com