StarVest Advisors

Members of The Board Of Advisors

Robert T. Brennan — Chief Executive Officer, Veracode

In 2011 Bob Brennan became the CEO of Veracode, which provides scalable, policy-driven application risk management platforms. Previously, Bob was the president and CEO of Iron Mountain, a $6 billion market capitalization company providing outsourced records and information management services, through its acquisition of Connected Corporation, where he served as Chief Executive Officer. Connected was a StarVest portfolio company. Before Connected, Mr. Brennan was a general manager with Cisco Systems, Inc. and was Vice President and General Manager for Merisel Inc., a distributor of software and microcomputer products. Mr. Brennan has a BA in psychology from Manhattan College.

StarVest’s relationship with Mr. Brennan began as a result of its investment in Connected. With his assistance, StarVest I portfolio company MessageOne formed a partnership with Iron Mountain. Mr. Brennan has assisted StarVest with deal flow, potential management candidates, board member selection and industry expertise.

Kathleen A. Corbet — Founder & Principal, Cross Ridge Capital, LLC

Kathleen A. Corbet is the founder and principal of Cross Ridge Capital, LLC, a firm specializing in private equity investing and strategic consulting in the alternative energy and financial information industries. Ms. Corbet has over 25 years in global leadership experience in the financial services industry - most recently as President of Standard & Poor's (S&P) from 2004-2007 and previously at AllianceBernstein L.P., where she served as Executive Vice President and CEO of the Alliance Fixed Income division.

In addition to being an investor in, and advisor for, StarVest Partners, Ms. Corbet serves as a member of the Board of Directors of MassMutual and as an advisor to BNE Energy, Inc. InfoEx Inc., and Rapid Ratings International, Inc. She also serves as a member of the Board of Finance in New Canaan, CT, the Investment Advisory Committee of the New York Community Trust, and the Chairman's Council of Pro Mujer, an international microfinance and women's development organization.

Ms. Corbet graduated from Boston College with a B.S. in Marketing and Computer Science and received her M.B.A. in Finance (with distinction) from New York University's Stern School of Business. She serves on the Board of Trustees of Boston College, the Dean's Executive Board at New York University Stern School of Business and is a member of the Council on Foreign Relations and The Economic Club of New York.

Nicholas M. Donofrio — Former Executive Vice President, IBM CORP

The leader of IBM’s global technology strategy. He joined IBM in 1967 and has led many of the company’s major development and manufacturing teams—from semiconductor and storage technologies, to microprocessors and personal computers, to IBM's entire family of servers.

Mr. Donofrio earned a BS in Electrical Engineering from Rensselaer Polytechnic Institute in 1967 and an MS from Syracuse University in 1971. He served for more than a decade on the Board of Directors for the National Action Council for Minorities in Engineering (NACME) and was its Board chair from 1997 through 2002. He currently serves on the Board of Directors for INROADS, a not-for-profit organization focused on the training and development of talented minority youth for professional careers in business and industry. He also is co-chairman of the New York Hall of Science. In 2006, Mr. Donofrio was named by Business Week as one of the top 25 Innovation Champions.

As a fellow RPI alumnus, Mr. Bettino has built a strong association with Mr. Donofrio and they share a mutual commitment to advancing opportunities in technology for women and underrepresented minorities.

Satin Mirchandani — Serial Entrepreneur

Satin Mirchandani is a technology entrepreneur and investor based in Austin, TX. Satin was CEO of MessageOne from 2002 until its acquisition by Dell in 2008. Subsequent to the acquisition, Satin served as VP-Global Services at Dell, where he was responsible for Sales, Marketing, Product Management and Business Development for Dell's SaaS portfolio. In addition, he led Product Management for Dell's global managed services portfolio encompassing client, server and storage platforms. Previously, Satin served as VP-Business Development at (NASDAQ: PCOR) and as General Partner at Impact Ventures. He started his career as a software engineer at Microsoft and went on to spend several years as a management consultant at McKinsey. Satin has an MBA (Honors) from the Harvard Business School, and an AB (Phi Beta Kappa) in Computer Science and Economics from Dartmouth College.

Zachary Nelson — President and Chief Executive Officer, NetSuite, Inc.

Has more than 20 years of leadership experience in the hi-tech industry, where he has held a variety of executive positions in marketing, sales, product development and business strategy with Oracle, Sun Microsystems, and McAfee/Network Associates. He has been CEO of NetSuite since 2002, where, under his leadership revenues have grown ten-fold, the workforce has quintupled to more than 500 employees and its customer base has expanded to thousands of companies. Recently named as CRM Influential Leader of 2006 by CRM Magazine, Mr. Nelson has led NetSuite to be one of the leading software-as-a-service companies in the world. Nelson holds a patent in the field of application integration, and has several others pending approval. He holds B.S. and M.A. degrees from Stanford University.

Stephanie Newby — Founder, Golden Seeds, Chief Executive Officer, Crimson Hexagon

Stephanie Newby (formerly Hanbury-Brown) is Crimson Hexagon’s CEO.  She is responsible for the company’s operational excellence, including its vision, values and corporate strategy. She is also the founder of  New York-based venture investment firm Golden Seeds. Her prior experience was in financial services, the majority of which was with J.P. Morgan where she headed several global businesses, including Head of eCommerce. Newby retains board positions with publicly traded Foster Wheeler AG, and privately held Carnegie Speech Inc. Her 10 prior board positions include Riskmetrics Group, Design2Launch, UK Securities & Futures Authority and Archipelago Holdings. She obtained a B.A. from the University of Sydney.

Don Scales — President and Global Chief Executive Officer, iCrossing

As President and Global CEO of iCrossing, a wholly owned subsidiary of Hearst, Don Scales is responsible for worldwide operations, driving iCrossing's strategy to be the largest independent global digital marketing agency. Scales joined iCrossing as president and COO in 2006 to increase bottom-line profitability, streamline operations and improve the overall efficiency of the company. He is an interactive industry veteran, with more than 25 years as an executive manager. Before joining iCrossing, Scales was CEO at, where he managed all aspects of the agency's worldwide operations. He had also served as Global COO, North American President and Western Regional President. In addition, Scales served as Managing Director of Igate Capital, an Internet-centric holding company that focuses exclusively on e-services. In its fifth anniversary issue, BtoB Magazine named Scales one of the top 25 "Who's Who" newsmakers for 2000-2005. He was also named to BtoB Magazine's list of "Who's Who in Search" in 2009.

Scales is a member of the Board of Directors for the Make-A-Wish Foundation of North Texas and a member of the Internet Task Force for Make-A-Wish Foundation of America. He has dual undergraduate degrees in Chemical Engineering and Mathematical Physics, and a master of science in chemical engineering from Rice University; he also has an M.B.A. from Harvard Business School.

John L. ("Launny") Steffens — Founder & Managing Director, Spring Mountain Capital

Limited partner, a fund-of-funds, spent 38 years at Merrill Lynch & Co. Inc, where he held numerous senior management positions. These included President of Merrill Lynch’s Private Client Group from 1985 until 1997, Vice Chairman of Merrill Lynch & Co., Inc. and Chairman of its U.S. Private Client Group from 1997 until 2001. During his leadership of the Private Client Group, client assets at Merrill Lynch rose from $189 billion to approximately $1.6 trillion. Mr. Steffens was elected a member of the Board of Directors of Merrill Lynch & Co., Inc. in 1986 and served on the board until 2001. He is a past Chairman of the Securities Industry Association and is currently a Trustee of the Committee for Economic Development. He graduated from Dartmouth College with a BA in Economics and attended the Advanced Management Program of the Harvard Business School.

Mr. Steffens has been an active Advisor since StarVest’s inception. Spring Mountain and its affiliates are the second-largest investor in StarVest I and have made a significant commitment to StarVest II. Mr. Steffens has assisted StarVest in its strategy, deal flow and due diligence and its portfolio companies.

Sharon Vosmek — CEO, Astia

Sharon Vosmek has been CEO of Astia since 2007, previously joining as COO in 2004. As CEO of Astia, Sharon has an unwavering passion and a uniquely well-suited background to drive forward the organization’s mission of propelling women’s full participation as entrepreneurs and leaders in high-growth businesses, fueling innovation and driving economic. Under her guidance, the Astia community of investors, entrepreneurs, and industry leaders has grown from 20 individuals in Silicon Valley; to more than 5,000 around the globe, representing every continent.

Previously, Sharon founded SJ Vosmek & Associates and held management positions at American Express and in the office of U.S. Senator Dennis DeConcini. Ms. Vosmek currently serves as founder and lead of the We Own It Collaboration, an effort of over 65 organizations globally committed to exploring women’s participation in high growth businesses and identifying solutions to move us forward. She also currently serves on the Advisory Boards of two venture capital firms: StarVest Partners and Illuminate Ventures; the Stevenage Bioscience Catalyst Experts Advisor Group; the AAAS-Lemelson Invention Ambassadors Advisory Committee; and on the "Making Value for America" expert advisory committee for the National Academy of Engineering.

Sharon has a master’s in public policy and administration from the University of Wisconsin, Madison and a bachelor’s in political science from Arizona State University.

Stephen Liguori — Chief Executive Officer, Liguori Innovation

Steve is the Founder and CEO of Liguori Innovation.  The firm specializes in helping organizations identify and create new sources of growth for both existing lines of business and potential new categories.  Steve is an expert at applying start-up principles that stress leadership, speed and improved customer outcomes in complex organizations. Adapting these cutting-edge new skills while respecting a firms strengths and culture is what makes Liguori Innovation unique.  Steve acts as an “Innovation Accelerator” says  Beth Comstock, CMO of General Electric, “if you are looking for leadership and action to accelerate innovation in your firm, Steve is your ‘go to’ expert. He helped advance GE’s critical initiatives over the past decade and his passion for Innovation is infectious.”
Steve brings a background of thought leadership and in-market successes in categories as diverse as consumer packaged goods, heavy industry, financial services, software and healthcare.
Most recently as GE’s Executive Director of Global Innovation, Steve was instrumental in major efforts that helped transform and re-invigorate GE’s organic growth and speed to market with outstanding results.
Steve is currently an adjunct Professor at Columbia Business School. He is also Global Chairman of the Business Marketing Association,  the worlds largest organization of business-to-business professionals.
Steve’s distinctions include being named a Marketer of the Year, Harvard Business Review author, Chairmans’ Award winner at both Citigroup and GE and launching the Super Bowl halftime show with none other than Michael Jackson.

Jai Shekhawat — Chief Executive Officer, Fieldglass

Jai is the CEO and Co-founder of Fieldglass, which makes the world's most widely used Cloud platform for the procurement of contract labor and services. Under his leadership, the Fieldglass platform has grown globally with users in 100+ countries, multiple languages and currencies and over $25 billion in annual spend. He was Ernst & Young’s 2012 Midwest “Entrepreneur of the Year” as well as the 2012 recipient of the Peter Yessne Staffing Innovator Award, recognized for pioneering the Vendor Management Software (VMS) space.

Jai previously co-founded Quinnox, an application outsourcing firm in Naperville, Ill., with development and sales operations in multiple countries. Formerly, he was a strategy consultant with McKinsey & Co. in Chicago where he served clients in various industries in the areas of corporate strategy, technology and cross-border alliances. He also worked as a senior executive at Syntel, a software services firm in Michigan.

Jai has held various civic and board positions including serving on the Mayor’s Council of Technology Advisors (MCTA) for the City of Chicago, the Membership Committee of the Economic Club of Chicago and the board of TiE Midwest. He currently serves on the Board of Trustees of the Field Museum of Chicago, is a Board Member of Metrosquash and is a founding member of the Firestarter Fund, which mentors and invests in Chicago start-ups.

Jai holds an MBA with specializations in finance and strategy from the J.L. Kellogg School of Management at Northwestern University in Evanston, IL, and a bachelor’s degree in management science from the Birla Institute of Technology and Science in Pilani, India.

In his spare time, he plays squash competitively in spite of the occasional protest from his tendons and ligaments.

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