Inventor of the USB Stick and Managing Partner of Grove Ventures
Dov Moran is an Israeli entrepreneur, inventor and investor, best known as the inventor of the DiskOnKey or USB memory stick.
Born in Ramat Gan, Israel, a town near of Tel Aviv, Moran obtained a Bachelor of Science degree in Electrical Engineering (with honors) at the Technion, Israel Institute of Technology in Haifa. He served in the Israeli Navy for seven years and was commander of its microprocessor department. Prior to becoming an entrepreneur, Moran was an independent consultant in the computer industry.
Moran formed M-Systems in 1989, a pioneer in the flash data storage market. The company invented the USB Flash Drive (DiskOnKey), the FlashDisk (DiskOnChip) as well as other innovative flash data storage devices. Under Moran’s leadership, M-Systems grew to $1B revenue within 18 years, and at the end of 2006 it was acquired by SanDisk Corp (NSDQ: SNDK) for $1.6B. This still ranks as one of thelargest acquisitions in Israel.
After the sale of M-Systems, Moran founded modu, an innovative company with revolutionary modular phone concept, which eventually sold its patents to Google in 2011. These patents are the basis for Google’s modular phone project, called project Ara .
During his time at modu, Dov was also the chairman of Tower Semiconductor, a developer and manufacturer of semiconductors and integrated circuits for the electronics industry. During his tenure he turned the struggling company around towards profitability. Moranwas also chairman of Biomas, a developer of innovative pharmaceuticals.
In 2011, Moran founded one of his latest business ventures, Comigo, with a vision of revolutionizing the TV viewing experience. The company has developed a multi-screen platform for Pay TV operators, redefining personalization, social viewing and engagement.Moran is acting as the chairman of the company.
At the middle of 2015 Dov established Grove Ventures where he is serving as a managing partner. Grove Ventures is a venture capital fund that invests in deep technology, early stage Israeli -related companies.
In the course of his entrepreneurial work, Moran has filed more than 40 patents.
Moran is an early-stage investor nurturing young hi-tech start-ups. He has invested in various companies at seed stage, dealing with digital health, media, SaaS and IoT. His portfolio companies include: