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Rich Preston
CEO at NovaSolix, Inc
Rich Preston is a seasoned CEO/COO executive with a solid background in operations and finance.
He has a proven track record of successfully developing hardware and software companies from inception to profitability.
Rich has extensive experience introducing new products to emerging markets and navigating challenging environments with rapid company growth.
His specific experience includes enterprise/cloud/big data, SaaS software, hardware-software storage systems, and wireless and microwave-cellular technologies.
He holds an MBA in Finance and a BS in Business Administration from the University of California, Berkeley.
Rich Preston has secured significant funding for various ventures, including $4.5 million from top-tier VCs, $2 million in angel funding, a $200,000 federal grant, $8 million from angel investors in a tough financial climate, and $5 million from corporate VCs and private placements.
He has also raised $1 million of equity funding and $2 million through vendors to fuel the growth of his ventures.
Additionally, Rich has bootstrapped a company from $0 to nearly $50 million without external equity.
He has played key roles in organizations like NovaSolix, Inc., Preston Strategic Resources, Charisela Technologies, Inc., and various other tech companies.
Rich Preston's leadership extends to serving as the Chairman of the American Electronics Assoc. NorCal Council, Trustee of the Coyote Point Museum, and Co-founder and Trustee of the San Mateo County P/R Foundation.