Paul Flanagan is a Managing Director at Sigma Partners, and is a member of the WordStream Board of Directors.
Paul Flanagan joined Sigma Partners as an Executive in Residence in September of 2006. As an EIR Paul advised portfolio companies on operational issues and assisted the investment team in pursuing new opportunities. As a Venture Partner Paul focuses on finding new investments. Fitting with Sigma’s philosophy on operational experience, Paul has spent his career advising and building companies. During the past 20 years, he has raised over a billion dollars of financing and has taken two companies from start-ups to public companies with capitalizations over $1 billion.
Prior to joining Sigma Partners, Paul was Executive Vice President and Chief Financial Officer with VistaPrint Ltd. (NASDAQ: VPRT), an online graphic design and full color printing company serving the small business market. During Paul’s time at VistaPrint, annual revenues increased from $40M to over $180M. Paul also played an integral role in positioning the company for its initial public offering, which was led by Goldman Sachs and raised $138 million and resulted in a market capitalization of $1.2 billion. Before VistaPrint, Paul served as president and CEO of StorageNetworks, a publicly-traded data-storage software and services company. Paul also served as executive vice president and COO as well CFO of StorageNetworks. While at the company, he was instrumental in growing it from a start up to revenues of $124 million in three years, plus building the infrastructure to support over 700 employees in 16 different cities. Paul was responsible for raising $700M in financing, and lead the company through an initial public offering and subsequent follow on offering achieving a multi-billion dollar market capitalization. Prior to joining StorageNetworks, Paul was vice president of finance and acting vice president of manufacturing for Lasertron, Inc., a manufacturer of fiber optic components for the telecommunication industry. Lasertron was a division of publicly traded Oak Industries, which was eventually purchased by Corning Incorporated. Paul began his career with Ernst & Young LLP and was a senior manager in the Entrepreneurial Services, Audit Services, and Mergers and Acquisitions areas.
Paul graduated, cum laude, with a bachelors of sciences in Accounting from Bentley College and is a Certified Public Accountant.