A strong network at your disposal
Strong Partners
Our team comprises Highway 12 Ventures management, our advisory board, and our close affiliation with Village Ventures. In shaping this team, we've created a national network of close relationships which provides our portfolio companies with an extension to their own capabilities. Our team includes seasoned executives and entrepreneurs who represent a broad range of industries and operational experience. We pride ourselves on actively leveraging our experience, network and relationships in an effort to be a valuable partner.
Lastly, the relationships we've forged with many other top venture firms provide another critical ingredient for your future growth: access to later-stage capital as your company continues its upward trajectory and its financing needs increase.
"We pride ourselves on actively leveraging our experience, network and relationships in an effort to be a valuable partner."
Phil Reed
General Partner
Phil has led a distinguished career in the technology industry since co-founding both IMSAI/ComputerLand (NASDAQ: CLND) in 1975 and BusinessLand (NYSE: BLI) in 1982. IMSAI was one of the earliest manufacturers of Intel 8000-series microcomputers, then became ComputerLand, the first and largest dedicated distribution channel for personal computers. In 1992, he became President & CEO of SkyStar Aircraft Corporation, manufacturer of the popular Kitfox aircraft which is sold in 27 countries. In all, Phil has founded or co-founded more than a dozen companies in his career. Phil has served as Chairman of multiple of the firm’s portfolio companies including @Last Software which was acquired by Google. In 2004, Phil succeeded in co-founding Boise’s first organized Angel group, The Boise Angel Alliance.
Phil is a graduate of Harvard University. Throughout his career, he has shown leadership in small business origination, development, and mentoring of executive teams. With more than 30 years of experience in founding and building companies, Phil is in an ideal position and incredibly passionate about mentoring young startup companies. His other passions are family, flying, and teaming with his wife Jill in caring for the multitude of animals that find their way in and out of their home. After a couple of decades of practice, Phil is zeroing in on mastering the art of email management…
"I believe that building a good business is an exciting and creative undertaking that should add lasting value to all those touched by the process. It is exciting for me to be a part of a team that shares that belief and makes available the people and capital resources to assist companies in reaching their potential."
Mark Solon
Managing Partner
Before co-founding Highway 12 Ventures in 2000, Mark was a general partner at Atlantic Capital Group, a Boston-based private equity firm which provided early-stage funding to companies worldwide. ACG also provided consulting services for local governments and companies in the former Soviet Union. While at ACG, Mark made investments in manufacturing, high-tech, and retail distribution sectors. Prior to his career in venture capital, he spent nearly 10 years in the financial services industry. Mark attended Lehigh University.
Mark is a director of multiple Highway 12 portfolio companies as well as the Rocky Mountain Venture Capital Association. He is also on the advisory board of the College of Engineering at Boise State University. Active in the Boise community, he is formerly President of the Board of Directors of the Discovery Center of Idaho and currently serves on The Idaho Business Coalition for Education Excellence. He continues to chip away at a lifetime golf habit, and enjoys camping in the back country of Idaho with his family and friends. To the never-ending amusement of his partners, you might walk into our office shortly after lunchtime and find Mark enjoying a quick cat nap…
"People trump technology, every single time. That’s not my only strongly held belief, it’s a guiding philosophy of Highway 12 Ventures and largely what differentiates us from other venture capital firms. "
Glenn Michael
General Partner
Glenn brings extensive senior financial management and executive operating leadership experience to Highway 12 Ventures following on his successful track record as CFO and COO of several leading technology companies. Since 1993, Glenn has led finance, human resources and legal for both startups and corporations alike, including spearheading a number of M & A transactions. Additionally, Glenn consults with companies on all aspects of their financial operations, strategic planning, compliance, acquisitions and divestitures. At Highway 12 Ventures, Glenn has the unique role of leveraging his transaction experience to assist companies in preparing for upcoming financings and managing the M & A process across the firm’s entire portfolio.
Glenn has a B.B.A. degree in Accounting from the Southern Methodist University. He received his CPA in 1990. He currently sits on the board of the Boise Public Schools Education Foundation, the Finance and Planning Committee for St. Alphonsus Hospital, and serves on two committees for the Treasure Valley YMCA. Previously, he served on the Board of Directors of the Treasure Valley YMCA, the University of Idaho Business School Advisory Board and FUNDSY of Idaho. Though you’d never know it by looking at his picture, Glenn actually played Division 1 college basketball at SMU.
“It’s gratifying for me to help early stage companies prepare for the challenges of upcoming financings and to help navigate the tricky waters of M & A.”