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© 2025 SUPERLINEAR PTE. LTD. All rights reserved
Scott BanisterScott Banister

Scott Banister

Venture Partner / Long Journey Ventures

Scott Banister is a prominent American entrepreneur, startup founder, and angel investor, widely recognized for co-founding the anti-spam company IronPort Systems, which was acquired by Cisco for $830 million. He is also known for his early involvement with PayPal as an advisor and board member, where he helped invent "email payments." Currently, he serves as a Venture Partner at Long Journey Ventures and continues to invest in and advise early-stage technology companies.

Computer Science, University of Illinois Urbana-Champaign
United States
LinkedInLinkedIn2.6K
Venture CapitalAngel InvestingTechnology
$830M
IronPort Acquisition
3+
Companies Founded
1999
PayPal Early Advisor
2.6K
LinkedIn Followers
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Work Experience

MemyardMemyard
Memyard

Co-Founder

Aug 2023 - Present
Position
Co-Founder
Da Vinci SchoolsDa Vinci Schools
Da Vinci Schools

Board of Regents

Oct 2013 - Present
Responsibilities
Independent charter school operator.
PostmatesPostmates
Postmates

Board of Directors

2013 - 2020
Responsibilities
Your day just got awesome.
Ekso BionicsEkso Bionics
Ekso Bionics

Board of Directors

Dec 2010 - Jan 2014
Responsibilities
Exoskeletons for medical and military applications. Enables soldiers to carry more weight and those with paralysis to walk!
TopsyTopsy
Topsy

Board of Directors

Jul 2007 - 2013
Responsibilities
Search powered by the social web. If you use Twitter, you'll really love it. We're hiring.
SlideSlide
Slide

Board of Directors

Feb 2005 - Aug 2010
Responsibilities
Entertainment meets analytics. See also Max Levchin.
PowersetPowerset
Powerset

Board of Directors

Dec 2007 - Jul 2008
Responsibilities
Like Wikipedia on steroids. The iPhone version is especially useful.
IronPort SystemsIronPort Systems
IronPort Systems

Co-Founder & CTO

Dec 2000 - Jun 2007
Responsibilities
Founded during the tech bust, IronPort became the leading provider of enterprise email routing and anti-spam solutions, and we were acquired by Cisco Systems in 2007 for $830 million. If another company has ever had a higher percentage of all-stars at all levels of the organization, I'd like to hear about it! If you see IronPort on someone's resume, they're very likely to be an A player.
eVoiceeVoice
eVoice

Board of Directors

Jan 2000 - Dec 2000
Responsibilities
Email-enabled home voicemail service. Acquired by AOL. Funded by idealab!, Nokia Venture Partners, Worldview Technology Partners, and Oak Investment Partners.
IdealabIdealab
Idealab

VP Ideas

Aug 1999 - Nov 2000
Responsibilities
Got to work closely with Bill Gross, one of the coolest people you will ever meet. I landed this gig through my earlier contributions to the business model at GoTo/Overture.
PayPalPayPal
PayPal

Board of Directors

Jan 1999 - Jul 1999
Responsibilities
Short stint as board member. My role as an advisor/investor continued after I left the board to make room for Nokia Ventures. Luke Nosek and I invented "email payments", which was part of a rich history of cool innovations at PayPal -- "instant" ACH transfer, random deposit account verification, consumer CAPTCHAs, proprietary antifraud systems... This was an awesome team, and they are all out doing cool new startups now.
LinkExchangeLinkExchange
LinkExchange

Lead Singer

Jun 1998 - Jan 1999
Responsibilities
Welcome to free banner advertising. Such a lovely place.
S
Submit It!

VP Technology, Co-Founder

Feb 1995 - Jun 1998
Responsibilities
We also developed ListBot and ClickTrade. Merged with LinkExchange and then acquired by Microsoft.
Sloan FoundationSloan Foundation
Sloan Foundation

Webmaster

Sep 1994 - May 1996
Responsibilities
Maintenance and expansion of the content available at sloan.org for the Alfred P. Sloan Foundation, which was then hosted on a good ol' MacHTTP server.

Education

University of Illinois Urbana-ChampaignUniversity of Illinois Urbana-Champaign
University of Illinois Urbana-Champaign

None

Sep 1994 - Jan 1996
Field of Study
None - Computer Science

Core Expertise & Skills

Scott Banister is a seasoned entrepreneur, co-founder of IronPort, and influential angel investor known for his deep expertise in software engineering, enterprise security, and early-stage venture capital.

Venture & Legal
Start-upsVenture CapitalAngel InvestingTerm SheetsContractual Agreements
Technology & Product
Software EngineeringEnterprise SoftwareSaaSScalabilityEmerging Technologies

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