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.
An entrepreneur and innovator, Barry Thompson brings almost 20 years experience to Tervela, a company he founded in 2004 where he currently serves as Chief Technology Officer and board member. A self-taught technologist, he began his career as a consultant, designing solutions ranging from embedded robotics and imaging, to traditional enterprise systems. Some of his clients included MCI, American Mobile Satellite, The U.S. Nuclear Regulatory Commission and other government and private organizations. In 1995, he moved to Wall Street, leading the adoption of new transformative technologies in the financial services industry while working for firms such as AIG, NatWest and UBS where he was Head of North American Architecture. In 2002, Thompson began to pursue his passion for emerging technologies through incubating research projects in materials manufacturing and carbon nanotube growth, virtual reality and gaming infrastructure. Thompson also joined the X-Prize Foundation where he currently serves on the board of trustees and the executive committee. He is a 2001 graduate of the International Space University SSP.