Paul J. Ferri
Founding Partner, Matrix Partners
Paul Ferri is the founder of Matrix Partners, and one of the most respected investors in the venture capital industry. Like many of the entrepreneurs with whom he has worked over the years, Paul was born in another country and built his legacy from scratch, persevering through adverse conditions and making the best of the opportunity and luck that came his way.
Born in Rome, Italy, Paul immigrated to the U.S. at the age of seven. It was 1944, the height of World War II, and neither Paul nor anyone in his family spoke English. His family settled in Virginia where his father worked for the government as an aeronautics engineer. They ultimately moved to the suburbs of New York, where Paul grew up. Paul studied engineering at Cornell University and the Polytechnic Institute of New York, and business at Columbia University.
In 1977 Paul and Warren Hellman co-founded Hellman Ferri Investment Associates. The duo initially invested across multiple stages and in multiple sectors, and after five years Paul and Warren decided the best approach would be to develop distinct areas of expertise. Warren started a late stage private equity fund in San Francisco, which became Hellman & Friedman; Paul focused on early stage deals and established Matrix Partners in 1982.
Over the next few years, Paul began to direct the firm’s investments toward information technology start-ups. One of the most significant companies Paul supported was Cascade Communications. The company, founded by Desh Deshpande and run by Dan Smith, became an industry leader that spawned new innovations. The company sold to Ascend, which was later bought by Lucent. Cascade’s founders and employees went on to found some of the most significant companies of the era, including ArrowPoint, Sonus Networks and Sycamore Networks—all of which were Matrix portfolio companies.
Paul has led more than twenty portfolio companies to the public markets, and another twenty to profitable acquisitions. He continues to invest on behalf of the firm and guide his entrepreneurs through the ups and downs of start-up life on the path to success.
Edward T. Anderson
Managing Partner, North Bridge Venture
Ed Anderson has been the North Bridge Venture’s Managing Partner since inception. Prior to starting North Bridge, Ed was a partner with ABS Ventures, the venture capital affiliate of Alex Brown & Sons, for 10 years. Before entering the venture business he was a strategic planning consultant with The Michael Allen Company and was also employed by Phelps Dodge Industries, Inc. where he held numerous sales, marketing, and general management positions, both domestically and overseas.
Ed’s venture investing is targeted at communications and related software markets. Actively working with start-up teams is his primary area of interest.
Ed is a graduate of the University of Denver (1971) and Columbia University’s Graduate School of Business Administration (1977).
Senior Managing Partner, Norwest Venture Partners
Promod has more than 20 years of experience in the venture capital industry and currently serves as senior managing partner at Norwest Venture Partners (NVP). Promod joined NVP in 1990, and has invested in more than 60 companies since he began his venture career, producing nearly $30B in exit values to date. More than 20 of his portfolio companies have gone public and nearly 35 have been acquired (or have gone public and been acquired). Promod was ranked as a top investor on the annual Forbes Midas List for nine years, and in 2004, Forbes named him as the #1 venture capitalist based on performance over the previous decade. In 2006, Promod was presented with a Global Leadership award from NASSCOM, and he was honored with the 2011 SV Forum Visionary Award based on his outstanding achievements and contributions to the technology industry.
Promod focuses on investments across a wide variety of sectors including systems and IT infrastructure, software and services. He was an early investor and a board member of Cerent (acquired by Cisco), Cast Iron Systems (acquired by IBM), Siara Systems (acquired by Redback Networks), OnDisplay (acquired by Vignette), Winphoria Networks (acquired by Motorola) and Extreme Networks (Nasdaq: EXTR).
His current investments include Apigee, Appnomic Systems, Brite Semiconductor, CareCloud, Cyan, FireEye, Health Catalyst, InsightsOne, PCH International, Persistent Systems (BSE & NSE: PERSISTENT), Skybox Imaging, Sulekha, Veveo, Virtela and Yatra. Other notable investments and previous board seats include Tivoli Systems (acquired by IBM), Forte Software (acquired by Sun Microsystems), Kiva Software (acquired by Netscape), Information Advantage (acquired by Sterling Software), Arbortext (acquired by PTC), Open-Silicon (acquired by Unicorn Investment Bank), Resonext Communications (acquired by RF Micro Devices), Showcase (acquired by SPSS), Yipes (acquired by Reliance/Flag Telecom), Amberpoint (acquired by Oracle) and ZettaCom (acquired by IDT).
Prior to Norwest Venture Partners, Promod spent 18 years in various operational roles ranging from product development, marketing, Chief Operating Officer and Chief Executive Officer at various public and private companies including Siemens International, Thorn EMI, Emergent Technologies and Dimensional Medicine, Inc.
He received a bachelor of science degree in electrical engineering from the University of Delhi, India. He holds a Ph.D. in electrical engineering from Northwestern University and an MBA from Northwestern’s Kellogg Graduate School of Management, where he serves on the advisory board.
Founder and Chief Executive Officer, Veveo
Murali Aravamudan co-founded Veveo in October 2004 with the goal of enabling quick and efficient content discovery in input constrained devices such as televisions and mobile phones. As CEO of Veveo, he has established the company’s leadership in its target market segments with more than 100 million device deployments, and its continued innovation of advanced interfaces for various emerging product and services categories.
Murali is a technology pioneer and successful entrepreneur in mobile, communications, and multimedia. In addition to authoring 56 US patents and more than 30 pending patents, Murali has built and led businesses that have pioneered products and solutions in emerging industry categories.
Prior to founding Veveo, Murali was vice president and general manager of the Winphoria Division of Motorola’s Global Telecom Solutions Sector, following the successful acquisition of Winphoria Networks, a company he founded in 2000 and led as CTO until its acquisition in 2003. Winphoria Networks was a pioneer in the groundbreaking Mobile Wireless SoftSwitch and Instant Communications applications for mobile networks.
Earlier in his career, Mr. Aravamudan served as Vice President and Chief Technology Officer of the Communications Software Business at Lucent Technologies and as a department head of Communications Software Research at Bell Laboratories, Murray Hill. In addition, he founded and served as President of Isochrone Inc., an internet multimedia software company. He was also the principal architect of AT&T’s Internet Enhanced Technology Services.