John Lofton Holt, Chairman of Achronix, Joins SterraClimb’s Board (May 6, 2013)

Princeton, N.J., May 6 – SterraClimb LLC proudly welcomes John Lofton Holt to its Board of Advisors. Mr. Holt currently serves as Chairman of the Board of Achronix Semiconductor Corporation.  Prior to that, from 2004 to 2011, he served as Achronix’s Chairman & CEO. In this role,John-Lofton-Holt-Chairman-of-the-Board-of-Directors-Achronix-Semiconductor-Corporation Mr. Holt raised over $120M and led the company from its first business plan to the launch of the world’s highest performance FPGA product. Mr. Holt will use his wealth of experience in high-level strategy, fundraising, and joint ventures to help guide SterraClimb to market and beyond. SterraClimb’s Founder and CEO, Steven Kamara, remarked, “SterraClimb is excited to work with someone of the caliber of Mr. Holt. His soaring entrepreneurial achievements, including his company’s recent deal with Intel, follow a strong educational background in electrical engineering and physics.”

From 2008 to 2011, during the global economic crisis, Mr. Holt continued to scale the team and drove a historic partnership with Intel Corporation to build the world’s most advanced FPGAs in Intel’s 22nm process.  Before co-founding Achronix Semiconductor, Mr. Holt founded and led S3, a management technology and venture consulting firm in Washington DC. Under Mr. Holt’s leadership, the firm built a multi-million dollar business with Fortune 100 and startup clients alike. Prior to founding S3, Mr. Holt worked as a management consultant at PricewaterhouseCoopers and Booz Allen Hamilton.

Mr. Holt started his career at NASA’s Goddard Space Flight Center in 1989 and worked as a design engineer until 1997, and is educated as an Electrical Engineer and Physicist with a Bachelor of Science in Electrical Engineering from Princeton University and a Masters of Science in Electrical Engineering from Johns Hopkins University. He is a frequent lecturer at Cornell University on a variety of topics including entrepreneurship, management, and technology commercialization and is an investor in numerous private technology and real estate ventures.