David Baum is an experienced general partner with 25 years in the information technology industry, including fifteen years in technology finance and ten years in entrepreneurial operating management roles. show complete bio
As an operating entrepreneur, David founded two companies including Pensoft Corporation, a venture-backed (Mohr, Davidow Ventures, IVP, and Bay Partners) mobile communications company that was sold to AT&T in 1994. David has also sent time at larger organization including IBM and Genentech.
David was a key principal that raised, launched, staffed, and managed Prism Venture Partners, a leading early stage venture capital fund. Founded in 1996, Prism has provided start-up equity to more than eighty-five companies, which have completed five public offerings and thirty strategic mergers and acquisitions. During his tenure at Prism, the firm grew from zero to over $1.25B under management. Previous investments include Softricity (sold to Microsoft), Network24 Communications (sold to Akamai), DotBank (sold to Yahoo), Altaworks (sold to Opnet), Integral Access (sold to Telco Systems), Syncra Systems (sold to Retek), Salesnet (sold to RightNow) and Bitfone (sold to HP).
In January of 2006, David launched Stage 1 Ventures, an early stage venture capital firm. Investments include Carbonite (IPO 2011 NASDAQ:CARB), e-Centives (sold to Catalina), Skyhook Wireless, AdelaVoice, Innerpass, Instream, OwnerIQ, Veloxum, Paydiant, XPeerient, Delfigo Security, Wing Power, Phantom Alert, TimeTrade, OwnerIQ, Zapoint, OnePin, Myxer, Cuesol (sold to MobileLime), Magnify Media, go2 (merged with 80108), FrameMedia (sold to Scala!), Auspice (sold to Arris), WorldWinner (sold to Liberty Media), Banshee Wines, and Zink.
As a twelve year member of Common Angels, David is an active angel investor (26 angel investments) and a strong supporter of entrepreneurs across the country.
In June of 2010, David launched S1 Capital Partners, a later stage secondary/growth equity investment vehicle with Rod Randall. S1 Capital made its first investment into YMAX, Corp, a leading CLEC/VOIP provider in North America and creators of the MagicJack-branded consumer service offering. YMAX went public (NASDAQ:CALL) later in 2010 by purchasing VocalTec, a leading softswitch provider.
David holds an MBA from the Harvard Business School with second year honors and BS in Computer Science from Drexel University where he graduated first in his science class.
David’s investment areas of focus are: mobile applications and systems, consumer and business cloud-based applications, content and gaming, IPTV, virtualization, e-commerce, location based services, security, and data communications equipment.
Jonathan Gordon, Managing Director
Jonathan Gordon has been a successful executive, entrepreneur and investor for over 30 years. He has been at the forefront of many historic market and technology changes in the high tech global economy. show complete bio
Mr. Gordon is the founder of Ametron Technologies, Inc., a consulting and licensing firm that helps entrepreneurs and technologists with business development and monetizing their Intellectual Property and inventions. Recent clients have included Picassa/Lifescape (sold to Google), a photo management tool; Corestreet, a provider of security software; Liquid Machines,a provider of enterprise rights management technology and solutions and Bitzmart/ Stealth Media Labs, a technology used to embed information into digital audio and video streams with playback through Windows Media Player 9 Series.
Before Ametron, Mr. Gordon was CEO of mGen, Inc., an e-learning enterprise software company, which was focused on 1st Responder market opportunities within DOD and other government agencies, such as the Navy/Marine Intranet, US Dept. of Agriculture and the US Army.
Prior to that, he was CEO and founder of EndPoints, Inc.(sold to Flextronics and Archi-tech, Taiwan), a fabless semiconductor company, whose imaging chips powered high volume, low cost consumer digital cameras. Preceding EndPoints, Mr. Gordon was President of DiagSoft (sold to Sykes Enterprises), a PC hardware diagnostic and manufacturing test company.
Subsequent to EndPoints, Mr. Gordon was the founder of Phoenix Publishing (sold to Softbank). Mr. Gordon was also President of Paterson Labs, which he sold to Phoenix Technologies Inc. for Paterson’s founder, Tim Paterson (the author of the MS-DOS operating system).
Mr. Gordon has built international sales and marketing organizations for several notable companies like Phoenix Technologies, who he assisted in their IPO as their first VP of Sales. Additionally, he was VP of Sales of Graphic Software Systems, an early PC software pioneer who had graphic software on the original IBM XT and AT.
Jonathan’s early sales and marketing career included Physical Data Inc. (sold to Honeywell), a start up instrumentation company, who made digital waveform recorders for use in fusion reactor and munitions testing. He also was a sales engineer with Tektronix and helped introduce the first low cost graphic terminals for mini and mainframe computing.
Mr. Gordon attended the University of Wisconsin and Penn Morton College.
Jeffrey Belk, Operating Partner
Mr. Belk is Managing Director of ICT168 Capital, LLC, focused on developing and guiding global growth opportunities in the Information and Communication Technology space. Formerly, Mr. Belk spent almost 14 years at Qualcomm, where prior to his departure in early 2008, he was SVP of strategy and market development. show complete bio
From 2000 until 2006, Mr. Belk was senior vice president, global marketing, leading a team responsible of all facets of the company’s corporate messaging, communications, and marketing worldwide. In 1999-2000, Belk was SVP & GM of Qualcomm Eudora Products, Qualcomm’s award winning email client. In 1997, Mr. Belk was named VP, marketing of Qualcomm Consumer Products, and initiated the company’s global branding and communications efforts.
Prior to Qualcomm, Mr. Belk spent ten years in the early growth years of the PC industry, primarily with Proxima Corporation. Mr. Belk joined Proxima in 1983 when the company was less than 25 employees, and was with the company through its IPO in the early 90’s in several key distribution, product management, and international roles.
Mr. Belk has an MBA from The Paul Merage School of Business at University of California in Irvine and a BA in Economics from the University of California in San Diego.
Mr. Belk currently serves on the Board of Directors of Peregrine Semiconductor, InterDigital Corporation (Nasdaq: IDCC), and the Wireless Life Science Alliance. Jeffrey is known globally as a commentator and writer on wireless, mobile broadband, and technology evolution.
Rod Randall, Special Strategic Advisor
Mr. Randall has spent over 24 years in the networking industry as an entrepreneur, senior executive and venture capitalist. Prior to forming Vesbridge Partners, Mr. Randall was a General Partner with St. Paul Venture Capital (SPVC) since 2000, where he led the mobile investment practice. show complete bio
Some of Mr. Randall’s representative investments include Dynamicsoft (acquired by Cisco), Bitfone (acquired by Hewlett Packard), FusionOne and Visage Mobile. Before becoming a venture capitalist, Mr. Randall had been Chief Marketing Officer at Lucent’s Service Provider Group, which he joined in 1999 upon the acquisition of Ascend by Lucent for $24 billion. At the time of acquisition, Mr. Randall was the Vice President of Worldwide Marketing helping re-position Ascend. Prior to Ascend, Mr. Randall held the position as Vice President of Worldwide Marketing and General Manager at Stratus Computer and Vice President of Strategic Market Development at Madge Networks.
Prior to Madge Networks, Mr. Randall co-founded Teleos Communications in 1987. During the nearly 10 years Mr. Randall spent building Teleos, he held several roles including CTO, Vice President of Business Development, and Vice President of WAN Access Technology. Mr. Randall helped guide Teleos until its acquisition in 1996 by Madge Networks. Mr. Randall began his career in technology at AT&T Bell Labs in 1981 as a Member of Technical Staff and later as MTS Supervisor. Mr. Randall holds several US Patents.
Ralph A. Rodriguez, Senior Fellow
Ralph Rodriguez is CEO and Founder of Delfigo Security and brings over 20 years of experience spanning management, IT, and entrepreneurship in a variety of roles. Previously, Rodriguez was the Senior VP and Research Director of the Technology Practice at Aberdeen Group (NYSE:HHS) a Boston based technology research firm. show complete bio
Prior to his role at Aberdeen, Rodriguez was Chief Technology Officer of Brooks Automation’s Enterprise Software Division (NASDAQ:BRKS), which was acquired by Applied Materials in 2007. Previous positions include EVP and CIO of Excelon Corporation (NASDAQ:EXLN), a market leader in XML based business process management, and VP and CIO of C-bridge Internet Solutions (NASDAQ:CBIS), a MIT-based startup focused on service oriented architecture and business process management. C-bridge merged with Excelon in September 2001.
As an entrepreneur, Rodriguez has started several companies including in 2003, Invenio and New Technologies and Associates in 1993. Prior roles include Principal Strategy Consultant and Director of IT for Treacy & Company (a management-consulting firm, led by MIT Sloan’s Dr. Michael E. Treacy, co-author of the best selling, The Discipline of Market Leaders). Rodriguez was also a principle in Treacy Ventures, an early stage venture fund, leading technical due diligence as part of the investment portfolio.
Rodriguez has co-authored and contributed as a practitioner to two books on security within technology environments. Windows NT Security - Step by Step, published in 1999, it was written as a consensus document by and for security professionals world- wide who were responsible for managing Windows NT Security in their organizations and Computer Security Incident Handling - Step by Step, published in 1998, it focused on security break-ins and the roles individuals have to play to create an action plan for dealing with the intrusions, cyber-theft, and other security-related events. Both were published by the SANS Institute (www.sans.org). >From 2001-2007 he contributed to two books; Using Technology for Law Firm Practice Management and Hanging Your Shingle, both published by Massachusetts Continuing Legal Education, Inc. in Boston where he served on the faculty, focused on legal technology and electronic practice management. His MIT research paper titled "An investigation relating a sub-Field of artificial intelligence (AI) with event driven security architecture and ideas from The Emotion Machine" led to his founding Delfigo in July 2008 and filing a utility patent with the US PTO in August 2008 (US Serial No. 12/224,057).
Rodriguez is currently a Fellow at Harvard-MIT Division of Health Sciences and Technology (HST) and Massachusetts Institute of Technology (MIT). Rodriguez has worked on security and advanced biometrics based on artificial intelligence (AI) at the MIT Media Lab. He is a graduate of the management program GPMD-MBA at IESE Business School, University of Navarra, Barcelona, Spain. Rodriguez also completed several programs on technology management and research at MIT’s Sloan School of Management and The Center for Information Systems Research (CISR). He also holds a BS in Computer Science and Technology from the US Army Institute (SOCAD) and is an honors graduate of several technical, operational, and communications schools in the United States Army, where he was a member of the XVIII Airborne Corps. In 1987 Rodriguez was selected as the US Army’s elite 10th Mountain Light Fighter Soldier of the Year and was awarded the Army Commendation Medal for his achievement. He is a veteran of the Persian Gulf War.
As an inventor Rodriguez has United States patents Serial No. 12/224,057, 10/460085 and 61/490924. Rodriguez sits on the Board of Directors at the Academy of Applied Science, New Technologies, Inc., and Veramark Technologies, Inc. (OTC:VERA) and was inducted in 2005 as a Member National (MN) in the Explorer’s Club in New York City.
Early stage venture capital is hard work - It takes more than just a group of managing partners to make a firm successful and to give it a global reach. The Managing Partners at Stage 1 Ventures have tapped their vast database of contacts to establish an active Advisory Board that provides leverage in many areas, including deal flow, due diligence, business development, industry trends, sales & marketing, international distribution, later stage fund raising, recruiting, banking, corporate operations & governance, intellectual property, research and development, education and legal.
Stage 1 Ventures is honored to have the following industry leaders / luminaries as Advisory Board members.
"Stage 1 Ventures is a great partner. Not only did they provide necessary capital, but more importantly helped us with business strategy and key relationships to ensure our growth."
Ann Raider, inStream Media
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