Bob Davoli of Sigma Partners brings valuable experiences as both a venture capitalist and an entrepreneur. In recent years, he has appeared three times on the Forbes’ Midas list, a ranking of top venture capitalists. He also appeared on the cover of Business Week in a features story describing how VCs thrive through good and tough times. Prior to Sigma, Davoli was President & CEO of Epoch Systems, the leading vendor of client-server data management software products. He sold the firm in 1993 to EMC for $141 million. Previously, he was the Founder, President and CEO of SQL Solutions, a leading purveyor of services and tools for the relational database market. Davoli sold SQL Solutions to Sybase for stock eventually worth over $100 million. He also served as an executive officer of Sybase for over two years.

With over 20 years of experience as an entrepreneur, a business unit manager, and an investor, John Mandile of Sigma Partners brings both technology and operational expertise to Tervela. Prior to Sigma, John was the President & CEO of Vermeer Technologies, Inc., the developers of FrontPage, the leading Web authoring tool. Vermeer was acquired by Microsoft, providing Sigma and the other venture investors a very successful return. Previously, he was an early principal at SQL Solutions, where he created and led an engineering organization chartered to build heterogeneous database tools. Following an acquisition of SQL Solutions by Sybase, he took responsibility for the new Systems Management Product unit, which he grew to $55 million in sales in 30 months.

Eric Schnadig is an accomplished senior executive with extensive experience building and leading public and private companies in high growth markets. Schnadig joined Tervela in 2009 from Unica Corporation, a worldwide provider of enterprise software, where he served as SVP of Worldwide Sales and Business Development and grew annual revenues from $3 million to more than $120 million. At Unica, he was responsible for sales execution, channel and distribution strategy, and business process establishment, all of which helped lead to a successful IPO of the company in 2005. Unica was purchased by IBM in 2010 for over $450M. Schnadig previously was a senior sales and marketing executive at Kenan Systems Corporation, the leading provider of billing software to global communications companies. While at Kenan Schnadig helped grow annual revenues from $10 million to more than $300 million, leading to a $1.5 billion acquisition by Lucent. Schnadig is a Phi Beta Kappa graduate of Swarthmore College, is fluent in multiple languages and serves as a board member and advisor to private companies and not-for profit organizations.

Axbey, a veteran software executive, recently hired as the CEO of CloudHealth Technologies following a successful leadership run at Rave Mobile Safety, having spearheaded the turnaround, growth and acquisition of Rave by a leading West Coast growth equity firm. Axbey previously held executive posts at IBM, after it acquired publicly traded Micromuse where Axbey was GM & SVP America’s. Prior to Micromuse Axbey worked at VC-financed companies in the software and network management sector, guiding each to successful exits. Rave’s award-winning, SaaS-based data and communications platform is used by thousands of customers in the state and local government, higher education and corporate markets.