American Research and Development

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American Research and Development

COMPANY

Venture capital firm focused on high technology. Founded 1946 by Georges Doriot with an initial investment fund of $3.5M. In 1957, ARD made the initial investment $75K in Digital Equipment Corporation; after its IPO a decade later, the investment was worth some $80M (in 1971 dollars). Merged with Textron in 1972. Alumni from the firm founded Greylock Partners and Fidelity Ventures.

Industry:
Private Equity

Ticker:
(private)

EXECUTIVES

Name Occupation Birth Death Known for

Karl T. Compton Physicist 15-Sep-1887 22-Jun-1954 Bikini Island atomic tests

Georges Doriot Business 24-Sep-1899 2-Jun-1987 Father of Venture Capitalism

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