or call us at 877.710.0413.Board of Directors
Noel Fenton
General Partner, Trinity Ventures
Noel has been part of the Silicon Valley venture capital community for 35 years. His focus at Trinity Ventures is software and services. Prior to co-founding Trinity Ventures in 1986, Noel was co-founder of three successful technology startups, and CEO of two of them, Covalent Systems and Acurex. From 1983 to 1986, he led Covalent Systems from start-up to a profitable $12 million sales level in three years. He led Acurex from 1972 to 1982 during a period when sales increased nearly ten-fold to $65 million.
Noel is actively involved in the World Presidents' Organization and the Stanford Athletic Board. He is a past chairman of the Northern California Chapter of the Young Presidents' Organization and a past chairman of the American Electronics Association. Noel has an M.B.A. from the Stanford Graduate School of Business and a B.S. in chemistry from Cornell University.
Kip Frey
Partner, Intersouth Partners
Kip joined Intersouth in 2000 as a venture partner and has served as a full-time partner working with the information technology portfolio since 2003. Prior to joining Intersouth, he served as executive vice president and general counsel of Ventana Communications Group, having sold the company in 1994. In 1998, Kip became president of Accipiter, an Intersouth portfolio company, and sold the company to CMGI, Inc. Later, he was recruited by Intersouth to become the president and CEO of OpenSite Technologies, which was acquired by Siebel Systems. Kip was vice president and general manager of Dynamic Commerce Applications for Siebel until June 2001.
Kip is a past chairman of the Council for Entrepreneurial Development and a member of Duke Law School's Board of Visitors. He is an adjunct professor at Duke University's Sanford Institute for Public Policy Studies and has served as a professor of the Practice in Entrepreneurial Management & Law at Duke University, with joint appointments from the Fuqua School of Business and Duke Law School. Kip is a Phi Beta Kappa graduate of the University of Southern California and of Duke Law School, where he served on the Duke Law Journal. He currently serves on the boards of four Intersouth portfolio companies and one publicly-traded prior Intersouth portfolio company, Inspire Pharmaceuticals.
Daniel Gillis
Daniel has an extensive and successful background as a senior executive. Most recently, he was CEO of SAGA Systems ("SAGA"), a NYSE-traded enterprise software company with more than $200 million in revenue and 900 employees. As CEO of SAGA, Daniel led a management buyout of the company from its German parent for $85 million in April 1997. After closing the buyout, he completed two acquisitions, led an IPO on the NYSE in November 1997, and dramatically grew operating profit from $10 million to $45 million over three years. SAGA was ultimately reacquired by the German seller for more than $300 million, generating over 10 times the capital invested by the buyout sponsor, Thayer Capital. Prior to SAGA, Daniel was executive vice president of Falcon Systems, a $180 million Maryland-based interactive equipment company serving the Federal market. He guided the company through an unprecedented growth period, taking it from $13 million in revenue to $180 million, leading to Falcon Systems' 1994 acquisition by GTSI, a NASDAQ company.
Daniel is currently on the board of directors at the Lawrence Transplant Foundation. He was previously a member of the NYSE Listed Companies Advisory Board. In addition, Daniel served as a member of the board of Iconixx, an internet services firm based in Houston, Texas, and Vigilinx, a digital security company based in New Jersey. He was also on the board of directors of Cysive, a web software company based in Reston, Virginia, that was recently sold in a management buyout. In 1999, Daniel was selected as the Ernst & Young Entrepreneur Of The Year. He is a graduate of the University of Rhode Island.
Tim McAdam
General Partner, Trinity Ventures
Tim has been in the venture capital industry for 15 years. At Trinity Ventures, he focuses on IT security, software, technology-based services and media/content services. Prior to joining Trinity, Tim worked as a vice president at GTCR in Chicago, where he led investments in the information technology services, communications, logistics and outsourced business services industries.
Tim began his venture capital career at TA Associates in Boston as an associate focusing on application software. He holds an M.B.A. from the Stanford Graduate School of Business and a B.A. in classics from Dartmouth College.
Stephen Wiehe
President & Chief Executive Officer, SciQuest, Inc.
Since joining SciQuest as president and CEO in 2001, Steve has taken the company from an e-market exchange to the leading provider of on-demand eprocurement solutions for academic, healthcare and research-centric organizations. His vision for SciQuest's future led him to take the company private in 2004 and focus on creating a business-driven culture that provides organizations with a proven solution to achieve significant cost savings and advance their mission.
Steve has led the company to a compelling financial position by growing revenues and deeply instilling fiscal responsibility, making SciQuest the only profitable eprocurement provider. He focuses on guiding the company to achieve the highest levels of customer satisfaction through innovative product development and a dedicated professional services team.
Steve's early success as a technology entrepreneur continues to fuel his passion for leading companies to excellence. Prior to SciQuest, he served as senior director, strategic investments & mergers and acquisitions at SAS Institute in Raleigh, North Carolina. He joined SAS in June 2000, after SAS acquired DataFlux Corporation, where he served as president and CEO.
Before joining DataFlux, Steve was managing director/Europe and senior executive vice president for SunGard Treasury Systems, a division of SunGard Data Systems, Inc., and president and CEO of Multinational Computer Models, Inc., which was sold to SunGard Data Systems in 1998.
A well-seasoned executive with more than 20 years of experience, Steve started his career with the General Electric Company. He graduated from its renowned Financial Management Program with honors and became treasurer of GE Plastics. He is a graduate of the University of Kentucky.
Advisory Member
Ed McCarthy
Managing Director, River Cities Capital Funds
Ed entered the venture capital industry in 1984 and joined the River Cities team in 1999. He heads River Cities' Raleigh, N.C., office where he maintains an extensive network of contacts through the Southeastern and Mid-Atlantic states. During the five years before joining River Cities, Ed served as executive vice president and director of the corporate general partner of a private equity/venture capital partnership in North Carolina. Previously, he was a principal with a venture capital firm with offices in Virginia and North Carolina. Ed began his career in the information systems sector of the Harris Corporation in Melbourne, Florida. Initially serving as a design engineer, he went on to spend 12 years in engineering management and product-line management positions.
Ed has extensive experience on a number of boards of directors of private and public companies. He serves on the board of the Atlanta Venture Forum and is the board chair of Follow the Child Montessori School in Raleigh. Ed has served as a member of the board of governors of the National Association of Small Business Investment Companies (NASBIC) and is a past president of the Southern Regional Association of Small Business Investment Companies. He has also been a speaker and panelist at NASBIC annual conferences and other industry events. Ed holds a B.S. in electrical engineering from Northeastern University, an M.S. in electrical engineering from Florida Institute of Technology, and an M.B.A. from Stetson University.