Michael is an entrepreneur, investor and philanthropist who built his career in assisting early-stage companies to develop innovative products and bring them quickly to market. A product of the 1990’s technology startup boom, Michael has been bootstrapping and investing in young businesses for more than 20 years.
In 1996, Puscar joined Josh Kopelman and Marvin Weinberg at Infonautics Corporation, where he obtained two patents for pioneering research in semantic web technology and the delivery of real-time news updates. Puscar left Infonautics at the end of 2000 to continue his work with semantic web technology, joining Intellisophic in 2001 and later Really Strategies in 2005. At Really Strategies, Michael was the original architect of the RSuite CMS, the first content management system designed for specifically publishers with Big Data challenges.
In 2007, Puscar founded Yuxi Pacific, a cutting edge professional services firm based in Philadelphia. Yuxi Pacific deployed advanced Big Data and semantic systems that empowered publishers to quickly create of new digital product offerings from existing content. Clients included the IEEE, SAGE Publications, Optical Society of America, and Triumph Learning, among others.
With the launch in April 2010 of the iPad, Yuxi Pacific began to grow quickly, expanding operations to Shanghai, China in June 2010 and Medellin, Colombia in June 2011. During his time at Yuxi Pacific, Puscar continued to invest in other ventures, including Philadelphia area startup LiftDNA, which was acquired 15 months after initial investment by OpenX, Plum Analytics (acquired by EBSCO), and Colombia-based Lex Paradigm, which was acquired within 24 months.
On June 19 2013, Yuxi Pacific was acquired by Cincinnati-based private equity group Blue Loop Capital for an undisclosed amount.
Since his exit from Yuxi Pacific, Michael Puscar has served as Managing Director of GITP Ventures’s Emerging Market High Tech Fund, an early-stage Latin American investment fund that invests in dynamic, scalable companies with an international focus. He also serves as a board member and advisor to several technology software startups, and is the chairman of a non-profit organization dedicated to improving education through the donation of hardware and software to schools throughout the world.
In addition, Michael has continued to remain active in the Colombian investment community, and is a strong advocate for the city of Medellin and investment in Colombia.
Michael Puscar is an award-winning data scientist and an entrepreneur who has started ventures on three continents. As such, he has been featured as a speaker at various international conferences, a guest commentator on several television programs, and an opinion columnist cited in news sources. More details about Puscar’s patents in the Big Data space can be found on his Google Scholar page.
Puscar is an opinion columnist for Colombia Reports, where he has written about both international economics and Colombian culture. Puscar has also been featured in Financial Times Startup Magazine, NBC News and Tech Crunch.
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