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Moshir to invest in mobile, entertainment

Entrepreneur and tech guru Sean Moshir recently launched a media- and technology-focused venture capital fund -- not in Silicon Valley, on Wall Street or in Los Angeles, but "the silicon desert" of Arizona.

From Scottsdale, Ariz., the eponymous fund -- Moshir Venture Partners -- plans to make seed investments of $250,000-$1 million in online and mobile entertainment companies and related fields. As of its official launch last week, MVP was in talks to invest in a television station and a wireless company.

Moshir has a track record in growing companies from zero to more than $100 million in value.

His brainchild PatchLink continues to engineer and distribute programs that stop computer worms and catch them or resolve worm-related problems on PCs automatically. In 2003, PatchLink received a single-round of funding of $35 million, the largest investment made in a patch management technology firm to-date, Moshir said. "I can help other companies replicate that success with their technical products and success in attracting further investments," Moshir said.

The entrepreneur, nee financier, believes "media and entertainment is all about content delivery" these days. "When you look at things like movies and television programs now, especially as they are moved online or broadcast over mobile phones and satellite, they are all just bits and bytes," Moshir said. That's why he's decided to bring his IT and software engineering expertise to bear on the media and entertainment sector.

As far as locating the fund in Arizona, chip makers behind mobile phone, Internet and television hardware -- including Intel in nearby Chandler, Ariz. -- have inspired a rash of startups in the state. But Moshir won't focus on what's local, he said: "We're looking for opportunities throughout the U.S."

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