Bill Melton – Chairman

For more than 30 years, Bill has been an entrepreneur building global technology companies. In the early 80’s, Bill founded VeriFone, the transaction automation company that has made credit authorization terminals ubiquitous on retail merchant counters throughout the U.S. In 1998, VeriFone was sold to HP for approximately $2.1 billion. Then, in the early 90’s, Bill joined as an early investor and as Director of the Board of America Online. Bill has also held positions as Chairman and CEO of Cybercash, a pioneer in e-commerce transaction systems, and, in 1994, he co-founded Transaction Network Services (NASDAQ: TNSI), a nationwide network dedicated to efficient transportation of financial transactions. TNSI was sold to PSINET in 1999 for approximately $750 million.

Bill has been an investor in several successful high tech companies including Paypal, AOL, Sina, Akamai etc. 

Bill currently serves on the Boards of Directors of several privately held technology companies. Bill holds a Master's degree in Asian Studies and Chinese philosophy.

Rajiv Salimath

Rajiv has been an entrepreneur since a young age, starting his career as part of the core team of Musambi Corp. in 2000. Musambi built an innovative Application Performance Management and Automation business in a period when the industry standard was just Performance Monitorning. After Musambi was acquired in 2002 to form Symphoniq, Rajiv led the development of the key Web Applications Management Product Suite at Proactivenet, which was acquired by BMC Software in 2007.

Along with being the CEO of Amperion, Rajiv is also a Partner at GIV Venture Partners, an early stage Venture Capital firm. Rajiv works with the Boards and Management teams of several GIV portfolio companies.

Rajiv has served on the Board of The Melton Foundation, an international organization bringing together smart young leaders from five different countries.

Rajiv holds a Bachelor’s degree in Electronics and Communication Engineering from Bangalore University and is an Indian National Scholar, Melton Fellow and an AMTI Math Scholar.

His research interests include Game Theory, Probability models for social patterns, and hybrid broadband network applications.

Milan Mandaric

Milan Mandaric was born and raised in Yugoslavia where he was educated in mechanical engineering and received a degree in 1963. By the age of 26 Mr. Mandaric had turned his father's machine shop into one of the largest businesses in the country, mass producing spare car parts. In 1969 he moved to the United States where he became a resident of Silicon Valley near San Francisco, California. He became a partner in a firm that manufactured computer components in California before starting a computer component company, Lika Corporation, in 1971. Lika became the largest printed circuit board manufacturing company in the United States, and was sold in 1980 to the Tandy Corporation.

In 1980 Mr. Mandaric started Sanmina Corporation, a high-tech back panel electronics components manufacturing and assembly company. During his stewardship, Sanmina acquired companies in related businesses and became a major electronics company in the United States. In 1989 Mr. Mandaric sold his controlling interest in Sanmina to Morgan Stanley and working together they took the company public in 1993.

In 1994 Mr. Mandaric acquired and became Chairman of financially troubled Elexsys International (formerly Diceon Electronics), a publicly traded electronics component company. After successfully turning around its operations and financial results he merged Elexsys with Sanmina in 1997. During his 30 years in the industry, Mr. Mandaric was recognized as a very successful pioneer of high-tech manufacturing components in the United States.

Mr. Mandaric has also been involved in various private equity investment companies including Behrman Capital and Redleaf, and Serbian businesses such as the Razvojna Banka bank. In addition, he has been an investor and organizer of professional soccer (football) teams in the United States and Europe.

Mike Tomana

Mr. Tomana is the President and Chief Operating Officer of Redleaf Group, Inc., a technology operating company. He is also a Director of Redleaf Group and previously served as its Vice President, General Counsel and Secretary. Additionally, Mr. Tomana is the Managing Director of RLI Partners, L.P.

His background includes over 25 years of business and legal experience with public and private companies. Prior to joining Redleaf in 2000, Mr. Tomana was an equity partner at Thorp, Reed & Armstrong, L.L.P. where he provided counsel to clients on corporate, commercial and technology matters. He began his career at Thorp, Reed & Armstrong in 1982 and later joined National Intergroup, Inc., a $4+ billion NYSE holding company, where he served until 1990 as general counsel of the operating units of that company.

Mr. Tomana received his bachelor's degree from Yale University and a juris doctor degree from Boston College Law School.

Nachum Sadan

Nachum was Chief Operation Officer and Senior VP Engineering of Mintera Optical Networks where he oversaw technical development of a 40 Gbps optical networking transport product for two years.

Nachum was Executive Vice President of Engineering and Operations at Sitara Networks, delivering Quality of Service (QoS) products to large enterprise and service provider customers. During this period the company grew from a technology start-up into a high gross margin, revenue-producing business, serving major enterprise and telecommunications carriers worldwide.

Nachum was also the cofounder and VP of Engineering of CommHome Systems, a residential gateway start-up that was later acquired by Network-1 and the VP Engineering of Bus-Tech Inc., an internetworking startup where he was also a founding member.

He holds an MSEE degree from Northeastern University in Massachusetts and a BSEE degree, cum laude from the Technion, Israel Institute of Technology. Nachum is a member of the MIT Enterprise Forum, MassComm Council, American Technion Society, Northeastern University Alumni Association and IEEE.