
Managing Director, Infinity Venture Group
Wilmington, North Carolina Area

Managing Director, Infinity Venture Group
Wilmington, North Carolina Area
Ed Addison is a high-tech serial entrepreneur. He develops the strategy, prepares the funding plan and executes the development of new ventures or products around emerging technologies in the fields of IT and biotechnology.
Currently he is co-founder and CEO of TeraDisc. TeraDisc provides high performance computing services to the drug discovery and development markets. He is also CEO of Lexxle, Inc., a technology transition company. He is also advisor to a number of emerging ventures.
In 1989, after spending 10 years working in the aerospace industry at Westinghouse, Ed left the corporate world to become an entrepreneur. His first venture was ConQuest, a search engine company based on Artificial Intelligence, where he was named "Entrepreneur of the Year" in 1994 by the Information Industry Association. After achieving #51 on the National Fast 500, ConQuest merged with Excalibur (now Convera) in 1995 in a $33M transaction. This venture returned up to 70X for it's investors.
After a brief transition period at Excalibur, Ed founded Powerize.com, a business information portal on the web. After acquiring the content services "IBM Infomarket" and "Lotus Newsstand" from IBM, Powerize.com was merged with Hoovers in 2000 in a $22M transaction. Hoovers has since merged with Dunn and Bradstreet.
Ed is also an Adjunct Professor for Johns Hopkins University, where he teaches "online" courses including New Technical Ventures as well as courses in Computer Science and Bioinformatics. He is author of the new ventures book called Leveraging the Horizon about building seed stage companies.
Ed Addison launches and advises new high tech ventures in both Information Technology and Biotechnology.
(Management Consulting industry)
2009 — Present (less than a year)
Commercializing technology and IP
(Biotechnology industry)
2007 — Present (2 years)
Founder and CEO, see website www.teradisc.org
(Educational Institution; 1001-5000 employees; Higher Education industry)
1986 — Present (23 years)
Teach graduate courses in Computer Science, Bioinformatics, Entrepreneurship for Johns Hopkins University
(Privately Held; 11-50 employees; Pharmaceuticals industry)
August 2005 — April 2006 (9 months)
Part time CTO
(Privately Held; 51-200 employees; Internet industry)
March 1997 — August 2000 (3 years 6 months)
CEO of Powerize.com. Merged with Hoovers August 2000.
(Public Company; 51-200 employees; EXCA; Computer Software industry)
1995 — 1997 (2 years)
Director and officer, business development, of Excalibur (now Convera)
(Privately Held; 11-50 employees; Computer Software industry)
1989 — 1995 (6 years)
Founder and CEO of ConQuest Software, Merged with Excalibur in 1995, now Convera.
(Privately Held; 1001-5000 employees; Information Technology and Services industry)
1987 — 1988 (1 year)
Director fo AI Lab, also business development
(Defense & Space industry)
1978 — 1986 (8 years)
MS, PhD, Post Doc , EE, BME, Comp Sci , 1978 — 2002
CAES , Computer Science , 1984 — 1985
BS , EE , 1975 — 1978
MBA ,
entrepreneurship, venture capital, information technology, biotech, flying, coastal living, triathlon, university teaching, more...
IEEE, AOPA, FaceBook Profile: Ed Addison in Wilmington, NC Network, CED
National Fast 50 (ConQuest Software, 1995)
Product of the Year (ConQuest Software, 1995)
Entrepreneur of the Year, (1994 by IIA)
Lamme Scholar, MIT (1985)
Valedictorian (1975, Mt. Hebron HS)