Ralph Yarro III

Last updated
Ralph Yarro
NationalityAmerican
EducationBA Political Science, Brigham Young University
Organization(s)Atua Ventures - Co-founder and Managing Director
Known forVenture Capitalism, Entrepreneurship, and Activism
Notable workThe Canopy Group, CP80, Atua Ventures
Board member ofTechcyte, The SCO Group, Altiris, Maxstream

Ralph J. Yarro is an American business executive, entrepreneur and an activist. He co-founded Atua Ventures and was previously the CEO of the Canopy Group. [1] Yarro has been associated with various technology companies, including Altiris, Caldera, Techcyte and Voonami.

Contents

In 2006, Yarro founded The CP80 Foundation, an organization focused on censoring internet pornography. [2]

Background

Yarro relocated to Utah in 1982 and pursued a BA in Political Science at Brigham Young University. [3] [4] He later undertook postgraduate studies at the University of Utah, focusing on Computer Aided Design, User Interface (UI), Graphics, and Fine Art. [5] He began his career in computer game design and subsequently joined Novell. [1] [3] Within Novell, he was a member of the Corsair project team, which aimed to develop technology that would compete with Microsoft at that time. [6]

Career

The Canopy Group & SCO Group

His tenure with Novell, allowed Yarro to collaborate with Ray Noorda across various Noorda family enterprises. [1] He advanced to the position of president and CEO of The Canopy Group, Inc. [7] By 2000, under Yarro's leadership, The Canopy Group's portfolio expanded to include over 50 companies such as Altiris, Caldera Systems, Lineo, Helius, Center 7, Maxstream, KeyLabs, MTI, among others. [6]

He also became the chairman of the board for the SCO Group, Inc., holding a significant share of SCO's common stock. [8]

Companies founded

In 2005, Yarro established ThinkAtomic, Inc., aimed at supporting emerging technology ventures. [4] He was the company's president and CEO until he partnered with Mike Wolfgramm to merge their companies, leading to the inception of Atua Ventures. Yarro presently serves as the managing director of Atua Ventures. [9] He is the founder of two other tech companies, Techcyte and Voonami. [10] [11] Techcyte integrates technology, especially Artificial Intelligence, in digital diagnostics, while Voonami provides data center services for startups in Utah. [12] [4]

Yarro, along with his brother Justin, also co-founded Ximbiot, Inc., an industrial design company that produced products like Zimbi, a fruit-flavored punch in distinctive rocket-shaped bottles. [13]

Board memberships

Yarro has invested in and secured roles ranging from chairman, board member, to trustee in a variety of technology firms, both national and international, such as Altiris, Caldera, Lineo, Maxstream, MyFamily.com, and Troll Tech, and others. [3] [14] [15] By 2006, he is known to have made investments in more than 120 companies. [15]

Canopy lawsuit (2004–2005)

From 2004–2005, Yarro faced a legal dispute after his termination from his role as director of the Canopy Group. He, alongside executives Darcy Mott and Brent Christensen, was dismissed by founders Ray and Lewena Noorda. [16] The trio subsequently sued Canopy for US$100 million, alleging wrongful termination instigated by Val Noorda Kreidel, Ra Noorda's daughter. [1] In response, the Canopy Group, managed by William Mustard, countersued Yarro for alleged misappropriation of $20 million. The case was settled on March 8, 2005. The terms included Yarro acquiring all Canopy Group shares in The SCO Group and receiving an undisclosed settlement amount. All three plaintiffs relinquished their roles and interests in Canopy. [16] [17]

Activism

Yarro's Law (S.B. 239)

In 2003, Yarro promoted the passage of a bill to align Utah's IP laws with those of California. Known as "The Unfair Competition Law", it was ratified in 2004 and was referenced in subsequent legal proceedings, notably SCO's lawsuit against IBM. [18] [19] [20]

CP80

Starting in 2006, Yarro exerted efforts to combatting internet pornography. He established the non-profit organization CP80, which offers resources and information to help protect children on the internet. [21] [22] Yarro advocated for legislation to segregate mature content, assigning a separate port distinct from the default HTTP port 80. [23] [7] [14] He asserts that this provides an equitable balance between online safety and free speech. [21] [14] Collaborating with legal scholars and other stakeholders, Yarro seeks nationwide support for this initiative. [21]

On March 13, 2007, Utah Governor Jon Huntsman Jr. endorsed House Concurrent Resolution 3, promoting stricter federal regulations on Internet pornography, with CP80 foundation playing a pivotal role in the legislation. [24] Yarro subsequently proposed that Internet Service Providers (ISPs) be responsible for content on open wireless access ports, ensuring children's safety online, imposing fines on violators and suggesting tax incentives for compliant ISPs. [25] This proposal faced opposition from some local ISPs. [25]

Political contributions

Yarro contributed political campaigns as an extension of his activism. [26] Notably, he has supported Senator Orrin Hatch and Chris Cannon of Utah. [14] In 2007, he contributed to Mitt Romney's presidential campaign and later to John McCain's campaign after Romney's withdrawal. In 2020, he supported John Curtis in his re-election campaign for Utah's 3rd Congressional District and also backed Burgess Owens for the 4th Congressional District of Utah. [27] [28]

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References

  1. 1 2 3 4 Anders, George (2005-03-09). "A Fight Over $20 Million With the 'Grandfather From Hell'". Wall Street Journal. ISSN   0099-9660.
  2. ↑ Peterson, Janice (2008-02-20). "Orem company develops software to fight porn exposure". heraldextra.com.
  3. 1 2 3 Clark, Drew (2014-10-05). "Drew Clark: An entrepreneurial spirit, plus education, plants seeds for economic success". Deseret News.
  4. 1 2 3 Harvey, Tom (2012-06-09). "ThinkAtomic gives startups a head start". The Salt Lake Tribune.
  5. ↑ "Ralph Yarro - CEO/Chairman/Founder/Investor at Voonami". THE ORG.
  6. 1 2 "The Tech Crusader". Utah Business. Salt Lake City, Utah: Utah Business Publishers, LLC. 2004-10-01.
  7. 1 2 Hruska, Joel (2009-03-20). "Save the children? ICANN opens debate on CyberSafety charter". Ars Technica.
  8. ↑ "Schedule 13D - The SCO Group, Inc". www.sec.gov.
  9. ↑ "Atua Ventures". www.atuaventures.com.
  10. ↑ "About Us | Techcyte". techcyte.com.
  11. ↑ "Voonami Announces New Green Salt Lake Data Center". Voonami, Inc. 2010-02-09.
  12. ↑ "Zoetis & Techcyte Celebrate Two Millionth Test on the Vetscan Imagyst Platform". FOX 2. 2023-07-10.
  13. ↑ Harvey, Tom (2012-06-09). "New drink less about the juice, more about the bottle". The Salt Lake Tribune.
  14. 1 2 3 4 Page, Jared (2005-12-01). "Utahn tries new tack in battle over Net porn". Deseret News.
  15. 1 2 "A Selection of Utah Valley Enterprises Old and New that Keep themselves on the Cutting Edge". Daily Herald 100. Provo Utah. 2006-04-23.
  16. 1 2 Shankland, Stephen (2005-03-11). "Settlement leaves SCO board intact". CNET. Archived from the original on 2013-01-20.
  17. ↑ "Groklaw - Canopy-Yarro-Noorda Etc. Statement on Settlement". www.groklaw.net. 2005-03-12. Archived from the original on 2015-09-24.
  18. ↑ "S.B. 239 Enrolled UNFAIR BUSINESS PRACTICES". Utah State Legislature. 2004-06-02. Archived from the original on 2004-06-02.
  19. ↑ Mima, Bob (2005-02-18). "Nasdaq poised to delist SCO". The Salt Lake Tribune.
  20. ↑ Markoff, John (2003-10-13). "Copyright Lawsuit Is Turnabout for SCO". The New York Times. ISSN   0362-4331.
  21. 1 2 3 Vandagriff, G.G. (2007-02-16). "Ralph Yarro – Putting His All on the Altar to Save Families". LDS Magazine.
  22. ↑ Westenskow, Rosalie (2007-02-16). "Provo film calls porn epidemic". Deseret News.
  23. ↑ Osterloh, Shirley (2007-01-19). "Utah Legislators Considering 'Porno Ports' to Access Mature Content". www.ksl.com.
  24. ↑ Johnson, Nathan (2007-03-13). "Huntsman to sign anti-porn resolution". Daily Herald. Archived from the original on 2007-03-17.
  25. 1 2 Gralla, Preston (2007-04-19). "SCO honcho: It's time to ban free Wi-Fi". Computerworld.
  26. ↑ "NEWSMEAT ▷ YARRO's federal campaign contribution search results". Archived from the original on 2011-06-04. Retrieved 2007-02-28.
  27. ↑ "William Becker donates $250 to John Curtis' campaign committee from January to June". SLC Times. 2020-08-22.
  28. ↑ "Burgess Owens' campaign committee receives $50 from Harris Mcilwain". SLC Times. 2021-03-29.
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