American River Ventures has added F. Ray Nunez to their executive team as CFO. In addition to the typical duties of a CFO, Nunez will work with ARV’s portfolio companies to help them create sound financial plans at the earliest stages.

Prior to joining ARV, Nunez served as Director of Finance law firm McDonough Holland & Allen PC. Prior to joining McDonough, he spent 16 years in various financial and management roles at HP.

American River Ventures is located in Roseville and manages a $100 million fund. They invest primarily in energy efficiency technologies from early stage companies, although they’ve made a number of investments in other areas, including communications and security. Portfolio companies include Agoura Technologies, Synapsense, and KeyEye Communications.