TLDR:
- Jordan McAlister has left US telecoms firm Cox Communications after leading its venture and innovation strategy for nearly three years.
- Cox Communications invests in home automation technologies like smart home device management companies Dwelo and Level Home.
In a surprising move, Jordan McAlister has decided to leave US telecommunications firm Cox Communications where she served as the head of venture and innovation strategy for almost three years. McAlister initially joined Cox Communications in October 2021 and led the company’s investments in home automation technologies, specifically focusing on companies like Dwelo and Level Home. Notably, Level Home later acquired Dwelo for an undisclosed sum, showcasing the success of Cox Communications in this sector. However, the company has announced no further investments beyond the Level Home deal. It is important to note that Cox Communications’ parent company, Cox Enterprises, operates a separate CVC initiative called Socium Ventures, which was launched in June 2023.
Prior to Cox Communications, McAlister had an impressive career, serving as a mentor and corporate partner at pre-seed VC firm Techstars since 2018. Additionally, she spent nearly six years at insurer MetLife, holding the position of director of innovation from 2019. In a statement on LinkedIn, McAlister mentioned that she is departing Cox Communications due to organizational changes and is eager to explore new opportunities in her career.
This departure poses significant implications for Cox Communications and its future venture and innovation strategies. As the company navigates through this transition, stakeholders will be closely watching to see how Cox Communications fills the void left by McAlister and continues its successful investment initiatives in the home automation sector.
