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09.15.2014

Get to Know: Bob Young

Watch: Bob Young discusses his PrecisionHawk investment

Robert “Bob” Young is a serial entrepreneur who co-founded the open-source Fortune 500 company, RedHat (NYSE: RHT) in 1993 and the premiere international marketplace for digital content, Lulu.com in 2002. Bob’s success and ascending entrepreneurial trajectory earned him notable accolades such as being named one of Business Week’s “Top Entrepreneurs” in 1999, Smart Resellers “50 Smart People” and Silicon.com’s lists of “Top Entrepreneur for 2006” and “Top 50 Agenda-Setters in the Technology Industry in 2006”.

With over 20 years of experience in the marketing, finance and technology sectors, Bob is also actively involved in several other business and philanthropic ventures. In 1999, he co-founded the Center for the Public Domain, a charitable organization aimed at advancing healthy conversations surrounding intellectual property, patent and copyright law, and the management of public domain for the common good.

Bob is also a football enthusiast. He ventured into the sports industry in 2003 when he purchased the Hamilton Tiger-Cats, a Canadian Football League franchise.

As evidenced by his sublime track-record, Bob is a strong advocate of excellence through innovation. A principle that led him to participate in PrecisionHawk’s Series A funding round in 2013. Bob’s involvement and commitment to PrecisionHawk, a company that was soon referred to as the “Red Hat of Big Data”, is profoundly instrumental in the start-up’s entry to the extremely high-growth, highly competitive space.

Our goal is not to be the McDonald's of the data collection world. We’re more interested in being the Red Hat of the data collection world, where we build the platform that other people do innovative things with.” - Bob Young on PrecisionHawk

More About Bob Young:

Bob Young is a serial entrepreneur, best known as the co-founder of Red Hat, the open-source software company. Red Hat is now a Fortune 500 company trading on the NYSE. Young’s success at Red Hat won him industry accolades, including nomination as one of Business Week's "Top Entrepreneurs" in 1999.

Among other projects since Red Hat, Bob Young founded Lulu.com, the premiere international marketplace for digital titles and more than 15,000 new creators from 80 different countries joining each week.