Board of Directors


Dr. Michael Hochholzer, BayTech Venture Capital, Investment Partner
Michael joined BayTech Venture Capital in 2007 as an Investment Partner. His focus is on companies in the communications and cleantech markets. Michael has more than 15 years of Venture Capital as well as operational experience in the communications and microelectronics industries. Prior to joining BayTech, Michael was a Partner with Siemens Venture Capital’ CommunicationsFund and, before, with Infineon Ventures. He managed more than 10 investments in Europe, Israel and on the US east coast, among others Followap Ltd. (acqu. by NeuStar, Inc.), Jungo Ltd. (acqu by NDS Group Plc), Plastic Logic Ltd. and Saifun Semiconductors (NASDAQ).

Michael gained professional experience in operations with Siemens and Infineon Technologies. He held several positions in marketing, product line management and R&D. In his responsibility as VP and General Manager of a corporate-internal start-up, he launched Infineon’s RFID business.

Educated at the Technical University of Munich, Michael graduated with a Masters degree in Electrical Engineering. His subsequent Ph.D. thesis focused on research in optical communications.

Heikki Makijarvi, Accel Partners, Venture Partner
Heikki has worked in telecommunications and networking for more than 25 years. Prior to joining Accel, Heikki worked with Cisco Systems in their Business Development and Strategic Alliances team in Europe, the Middle East and Africa. As a Business Development Manager, he led the investment and M&A activities in Mobile and Wireless segment, and was a member of global new market and technology development team. Heikki was active on the board of Digia, a leading Symbian competence center, and a developer of technology and software products for mobile phones. Prior to this assignment, Heikki was a member of management team at Cisco Systems Finland and Baltics where he established and led the technical teams supporting Cisco's enterprise and service provider field operations. Heikki also worked with Nokia for more than 15 years in R&D organization and held a variety of management positions in Nokia's global product marketing and business development organizations. Heikki represented Nokia in CCITT Study Group XVII, ETSI Strategic Review Committee VII, Frame Relay Forum and ATM Forum. He has been an active speaker in technology conferences in Scandinavia, UK and Australia. Heikki joined Nokia as a R&D engineer.

Hans G. Schreck, TVM Capital, General Partner
Hans G. Schreck joined TVM Capital in 1999 and is a General Partner in the firm’s technology investment practice. He specializes in investments in semiconductors, networking, communications and software. Mr. Schreck currently represents TVM Capital on the boards of Axxom Software AG, Bitwave Semiconductor Inc., Cambridge Broadband Ltd., Enigma Semiconductor Inc., Hymite A/S, Revolt Technology A/S, Streaming21 Inc., TravelTainment AG and Ubidyne Inc. Earlier investments include Comstock Systems Inc. (acquired by Hitachi) and Neolinear Inc. (acquired by Cadence). Prior to joining TVM Capital, Hans was a founding member and vice president of Mustang Ventures, the corporate venture resource of Siemens' Information and Communication Networks group. During his 10-year career with Siemens, he was also a Director of Product Planning and Technical Sales for Transmission Networks, as well as a project leader in R&D and advanced development in the fields of optical interconnect technology and ATM packet network technology, areas in which he holds several patents. Hans earned a M.Sc. degree from the Cranfield Institute of Technology (UK) and a Dipl.Ing. degree from Fachhochschule (Darmstadt, Germany).

Stefan Tirtey, Doughty Hanson Technology Ventures
Stefan is passionate about building early stage technology businesses and about working with ambitious technology entrepreneurs. Given Stefan’s background in telecommunications, he has a particular interest in technology investments in areas such as wireline, wireless, VoIP, or IPTV, for example, but will also invest in content, consumer and internet related businesses.

In addition to Ubidyne, Stefan’s current investments include Plazes (CH), Adaptive Mobile (Irl), and Odersun (Germany). Previously he also invested in Actionality (acquired by Yahoo! in 2007) and Azure Solutions (acquired by Subex, India in 2006), and Citel (UK, AIM listed).

Stefan started his career at o.tel.o communications, now part of Vodafone, where he was deeply involved with the launch of the first competitive consumer long-distance service in Germany. Later he joined Lucent Technologies, working with a number of pan-European carriers in a sales and business development role. Prior to joining Doughty Hanson Technology Ventures in 2002, Stefan worked at Earlybird Venture Capital, the early stage venture capital fund.

Stefan holds a Dipl. Eng. (MSc) in Electrical engineering from RWTH-Aachen, Germany, and an MBA from Insead, France. Stefan is fluent in German and English.