President-elect Barack Obama plans to nominate his top technology advisor, Julius Genachowski, to be chairman of the Federal Communications Commission, Democratic official said Monday.

Genachowski, Obama's top technology advisor, is also the architect of the campaign's hugely successful drive to use the Internet to raise money.

He co-founded a pair of venture capital firms that invest in technology startups. He also spent eight years as a senior executive at IAC/InterActiveCorp.

Genachowski, 46, is a Havard law school classmate of President-elect Barack Obama.

If confirmed by the Senate, Genachowski would take over the FCC in an administration that seeks to increase access to high-speed Internet service nationwide. The FCC plays a key role in monitoring the nation's Internet capacity.