INVESTORS
Bain Capital Ventures
Redrock Ventures
August Capital
BOARD OF DIRECTORS
Dennis Stradford, President & Chief Executive Officer
Dr. Robert L. Phillips, Founder, Chief Science Officer & Vice President, Product Management
Bob Todd, Director
David Hornik, Director
Scott Friend, Director
Jeffrey Schwartz, Director
Steven M. Mankoff, Director
Bain Capital Ventures
Bain Capital Ventures, the venture capital arm of Bain Capital, leverages the institutional advantages and consulting-based approach of Bain Capital to build industry-leading businesses. Focusing on industries such as technology, healthcare, business services, and consumer, Boston-based Bain Capital Ventures benefits from the broader resources of Bain Capital, which includes over 160 investment professionals, a network of over 225 portfolio companies, over $25 billion of assets under management, and the knowledge from 20 years of successful venture investing. For more information, visit www.baincapitalventures.com.
Redrock Ventures
Red Rock Ventures is a Palo Alto, California-based venture capital investment partnership specializing in early-stage information technology investments. The general partners have extensive backgrounds as operating managers, entrepreneurs, founders and venture capital investors. Their record in successfully founding and/or financing high-technology companies has created substantial market value and investor returns for the past 20 years. Red Rock currently manages $220 million in committed capital. For more information, visit www.redrockventures.com.
August Capital
August Capital has more than 50 years of combined venture capital experience with dozens of successful IPOs. Our partners have financed technology companies that now generate $75 billion in annual revenue, employ 240,000 people around the world, and command an aggregate market capitalization of over $400 billion. Including the most recent August fund which was formed in Q1 2000, August has raised three funds and has over $750 million of capital under management. For more information, visit www.augustcap.com.
Dennis StradfordPresident & Chief Executive Officer
Dennis joined Nomis Solutions in 2003 to lead the rapid growth and expansion of the company in both the US and global financial markets. He leads the company’s vision to enable financial services companies to adopt a Profit-based Pricing approach to increase profits without sacrificing revenues or market share.
Dennis has had 35 years of success in the high tech industry by focusing on delivering superior technology and excellent customer service to generate sales. Prior to joining Nomis Solutions, Dennis led a turnaround as the CEO of CascadeWorks, where he improved the company’s performance and orchestrated a merger with Elance Corporation.
Before that, Dennis was the CEO at Supplybase, a start up software company, where he ensured products were meeting customer needs, built a seasoned management team, and positioned the company to be a sustainable and profitable enterprise. Under Dennis’ direction, the company was acquired by i2 Technologies for $390 million.
A third of Dennis’ career was spent at Flextronics (NASDAQ: FLEX), where he held leadership positions across the Americas, Europe and Far East, culminating in the role of Senior Vice President of Sales and Marketing. In this role, he helped refocus and grow the company from $40 million in revenues a $2 billion enterprise that included an IPO.
Prior to that, Dennis was the Vice President of sales and service at Zehntel for seven years where he grew sales from $4 million to $60 million by winning major new customers. His career was launched at IBM, where he spent 5 years exceeding his sales goals.
Dennis earned Bachelors of Arts degree at San Jose State University and holds a Master’s degree from St. Patrick’s Theolgaite.
Dr. Robert L. PhillipsFounder, Chief Science Officer & Vice President, Product Management
Dr. Phillips founded Nomis Solutions in 2002 to help financial services firms use pricing analytics, optimization and execution to improve profits and market share by better understanding of how customer preferences impact product and portfolio performance. Dr. Phillips is responsible for ensuring that Nomis Solutions' analytics continue to be best-in-class and generate the highest level of value to customers. He is also responsible for leading Nomis Solutions’ cutting-edge research and development efforts.
Before founding Nomis, Dr. Phillips served as Chief Technology Officer of Manugistics where he was the key visionary for Manugistics’ Pricing and Revenue Optimization and Enterprise Profit Optimization solutions. Prior to that, he was Founder and Chief Executive Officer of Talus Solutions, at the time, the world’s largest pricing and revenue optimization company. Over the past 15 years, Dr. Phillips has helped leading companies optimize price and revenue within a wide variety of industries including airlines, rental cars, hotels, automotive, electric power, freight transportation, and manufacturing.
Dr. Phillips is a lecturer at Stanford University Business School and served as a visiting professor at the Columbia University Graduate School of Business. He is a frequent invited lecturer at forums such as the CBA Automotive Finance Conference, the Credit Scoring and Credit Control Conference and INFORMS. He is the author of the book Pricing and Revenue Optimization and has published widely in such journals as the Risk Management Association Journal, Management Science, and Mathematical Programming. He is a senior editor of the journal Production and Operations Management Systems and an associate editor of Operations Research.
He received his doctorate in Engineering-Economic Systems from Stanford University and holds undergraduate degrees in Mathematics and Economics from Washington State University.
Bob ToddDirector
Bob Todd is an entrepreneur with 20 years of experience with technology companies. He has founded or been a founding investor/director in several startups, two of which are now public companies with combined annual sales in excess of $6 billion.
Bob's operating experience includes 10 years as a founder and CEO of Flextronics, and five years as the CEO of CAS, Inc. Bob has an M.B.A. from Stanford University and an A.B. in statistics from Princeton University
David HornikDirector
David joined August Capital (www.augustcap.com) in 2000. Prior to joining August Capital, David was an intellectual property and corporate attorney at Venture Law Group, Cravath Swaine & Moore, and Perkins Coie LLP.
In his legal practice, David represented high tech startups in all aspects of their formation, financing and operations including Yahoo!, When.com (AOL), Evite (Ticketmaster), Topica, Sonique (Terra Lycos), Pure Payments (Excite@Home), BuyDirect (Beyond.com), and Ofoto (Kodak). David earned his undergraduate degree from Stanford and his J.D. from Harvard Law School.
Scott FriendDirector
Scott brings over 20 years of experience building and delivering analytical solutions specifically tailored to the retail market. Scott was the president and co-founder of ProfitLogic, a company focused on helping retailers improve merchandising decision-making by better understanding customer demand. Scott was also instrumental in ProfitLogic’s acquisition by Oracle in July 2005.
Prior to ProfitLogic, he served as a principal at The Parthenon Group, a strategy consulting and private equity firm, where he focused on helping high tech firms implement successful growth strategies. Scott began his career in the retail industry unit of IBM, where he leveraged cutting-edge information technology to improve the retail operations of global retail companies including Stop & Shop and Carson Pirie Scott & Company.
Scott received a bachelor’s degree in electrical engineering and economics from Brown University and a master’s degree from Harvard Business School.
Jeffrey SchwartzDirector
Jeff is a Managing Director at Bain Capital Ventures. Prior to joining Bain Capital Ventures, Jeff worked at Wellington Management company where he was a portfolio manager for several public equities funds.
Prior to that, he worked at Merrill Lynch in the Equity Capital Markets Group. Jeff received an M.B.A. from Harvard Business School and a B.A. in Economics from Dartmouth College.
Steven M. Mankoff Director
Steven Mankoff currently serves on the Boards of ConvergeOne, Nomis Solutions and SignalDemand and is an advisor to CodeObjects, Genstar Capital, Neuvora, and NorthStar.
Previously, Steve worked as Senior Vice President Global and Technical Services at Siebel Systems, Inc. which was acquired by Oracle Corporation in 2006. Steve was a member of the Founder’s Circle of first employees and the Siebel executive management team. As Senior Vice President Global and Technical Services, Steve was responsible for Siebel’s global Expert Services, Education, Professional Services, Quality Engineering, Technical Account Management, Technical Support, Customer Satisfaction and Offshore Development programs. The combined organization had over 2,100 employees, over 700 dedicated contractors and annual revenue approaching $1 billion. Prior to Siebel, he held various product, marketing, and sales management positions at several software companies including Oracle.
He earned a Master of Science in Management from the MIT Sloan School and a Bachelor of Science in Electrical Engineering from Brown University.
