The Security SIG Presents...
Top Silicon Valley VC's Talk Security
Consumers and enterprises continue to expand their use of the Internet for a broader range of personal and business applications. At the same time, we are using an expanding set of connected devices to access and use the Internet. Past walls and barriers that would separate private and public networks are also rapidly dissolving, requiring new security paradigms and approaches. All of this has led to new and innovative security threats looking to steal, disrupt or simply wreak havoc on our world. On the industry side, there has been significant consolidation leading to a handful of IT security players providing broad, integrated suites of IT security solutions. They dominate in the market with their strong brands, global channel reach and entrenched positions with existing customers. Lastly, the venture community is in the middle of a large scale shake-out with less capital being deployed to a smaller group of start-ups.
What does all of these mean to IT security start-ups? Come hear from a panel of leading VCs who are active in IT security. They will address:
· Emerging technologies and market trends
· Funding criteria: What’s changed? What’s stayed the same?
· Venture valuations
· Key insights to successful ventures and landmines to avoid
Meet the VC's:
Mark Siegel
Managing Director, Menlo Ventures
Venture Investing in IT Security:
Top Silicon Valley VC's Talk Security
Consumers and enterprises continue to expand their use of the Internet for a broader range of personal and business applications. At the same time, we are using an expanding set of connected devices to access and use the Internet. Past walls and barriers that would separate private and public networks are also rapidly dissolving, requiring new security paradigms and approaches. All of this has led to new and innovative security threats looking to steal, disrupt or simply wreak havoc on our world. On the industry side, there has been significant consolidation leading to a handful of IT security players providing broad, integrated suites of IT security solutions. They dominate in the market with their strong brands, global channel reach and entrenched positions with existing customers. Lastly, the venture community is in the middle of a large scale shake-out with less capital being deployed to a smaller group of start-ups.
What does all of these mean to IT security start-ups? Come hear from a panel of leading VCs who are active in IT security. They will address:
· Funding criteria: What’s changed? What’s stayed the same?
· Venture valuations
· Key insights to successful ventures and landmines to avoid
Meet the VC's:
Mark Siegel
Managing Director, Menlo Ventures
Mark has been with Menlo Ventures since 1996. His main areas of focus are next-generation datacenter infrastructure and cloud computing, software-as-a-service, IT security, and mobile applications. Mark's current board seats include 3PAR (NYSE:PAR), mywaves, Pliant Technology, RNA Networks, Voltage Security, SpeedDate and Schooner Information Technology. Prior to joining Menlo Ventures, Mark was a product manager for Oracle Corporation's Massively Parallel Processing Group. In this role, he was part of the team that developed and deployed one of the first true massively parallel and multi-threaded commercial software offerings - the Oracle Parallel Server. Eventually, Mark started and managed a consulting group at Oracle dedicated to customers of this product. Mark then went on to work for Netscape Communications Corporation from the first year of the company's inception through its IPO. Mark is a graduate of the Massachusetts Institute of Technology (B.S. in Physics with Electrical Engineering) and the Stanford University Graduate School of Business (M.B.A.), and currently serves on the Dean's Advisory Council of the MIT School of Science.
Ho Nam
General Partner, Altos Ventures
Ho Nam is a General Partner of Altos Ventures, focusing on investments in the areas of software, digital media, and infrastructure technologies. He currently serves as a director of Accolo, Billeo, Immunet, JS-Kit, SayNow, Telekenex, Trilibis Mobile, and WhiteHat Security. Ho led the firm's prior investments in Axis Systems, Evolve Software, Listen.com, Nishan Systems, Pixo, Provato and Soundpipe. All were deals in which Altos was the lead investor in the first institutional round of funding and achieved exits via IPO or trade sale to public companies. Before joining Altos Ventures in 1996, Ho worked at Silicon Graphics and Octel Communications. Ho began his VC career at Trinity Ventures in 1990 and began his professional career at Bain & Company where he advised clients in the Semiconductor industry on product and corporate strategy. Ho received an MBA from Stanford University and a BS in Engineering from Harvey Mudd College.
Tom Clancy
Managing Director, Tao Venture Partners
Tao Venture Partner is a private investment fund specializing in company formation, investment, and advisory services. Tao invests in novel ventures leveraging analytic and cloud software technologies to become large scale SaaS, Security, Content, and Consumer businesses. Tao’s current portfolio includes: The Active Network, Brightcloud, ecoATM, Paraccel, and Tradebeam. Prior to founding Tao in 2006, Mr. Clancy spent 8 years leading Software, Services, and Internet investments at Enterprise Partners, a regional $1B venture capital fund focused in the technology and health care sectors. Tom was responsible for a portfolio of over 25 investments that included: Stamps.com, Preventsys, Netsift, IPIVOT, Groceryworks, and Breach Security. During the 90’s, Mr. Clancy was an entrepreneur in systems management (BIM Systems), Internet Directory and Mail (Isocor) and Internet Infrastructure (Expersoft). He began his career in the 80’s at Citigroup, where he managed the development and implementation of one of the earliest Internet technology based banking platforms in North America along with advanced technology initiatives in underwriting, foreign exchange, automated service, and kiosks. Tom received a BS in Computer and Systems Engineering from Rensselaer Polytechnic Institute in 1979. He is a board member and past president of the San Diego Venture Group and a board member of the San Diego Software Industry Council.
Brian Nugent
Brian is a seasoned security and networking executive and board director, with a proven record of driving product-centric technology companies to market leadership positions. Brian’s board expertise is currently active with the Board of Directors for BRIGHTCLOUD, a provider of next-gen, in-the-cloud Security Services; as well as AirPatrol, the world’s only provider of cellular + wifi detection, monitoring and intrusion prevention; and also Accelerate-IT, a web 2.0-driven IT Services company focused on Information Security. Brian is a member of the 'Alliance of CEOs'; the San Diego Venture Group; and is a frequent lecturer at CEO consortium’s such as the ‘CEO Total Access Series’. Brian’s technology industry operational experience spans executive leadership posts in general management (CEO, COO), sales, marketing, product management, corporate development, business development and customer service across the security, communications and networking industries. Brian is presently the Chief Operating Officer of St. Bernard Software, a web content security company based in San Diego. Prior to St Bernard, Brian was President, CEO & Chairman of Applied Identity, a policy and identity-driven security technology provider for the enterprise, government and MSP sectors. Applied Identity was acquired in March of 2010 by Citrix Systems (NASDAQ:CTSX). Prior to Applied Identity, he was Senior Vice President of WW Sales and Field Operations for Teros, the leader in Application Firewalls, which was acquired by Citrix (NASDAQ:CTXS). Prior to that he was Senior Vice President of Sales, Marketing, Support and Global Alliances at Atrica, the leader in 10G Ethernet networking for carriers. Atrica was acquired by Nokia Siemens Networks (NYSE:NOK). Before Atrica, Mr. Nugent was Senior Vice President, Worldwide Sales, Product Management, Support & Business Development for LuxN, a leader in metro DWDM that penetrated over 50 service providers globally. LuxN was acquired by Sorrento Networks (NASDAQ:SNTO). Brian has a BA from CSULB in Electronic Media (RTVF) and a minor in Business Administration also from CSULB, and is active in a variety of charitable organizations benefitting disadvantaged and displaced children and spouses.
SIG CO-CHAIRS:
Miles Hale, Principal Systems Engineer, SAIC
John Rotchford, Managing Director, SASI
Bill Unrue, CEO, Anonymizer
Carlton "Duke" Ayers, Chief Systems Engineer, SAIC
DATE:
Wednesday June 9th, 2010
TIME:
7:30AM Registration/Networking/Breakfast
8:00AM Program Begins
9:30AM Program Ends
LOCATION:
3580 Carmel Mountain Road Suite 300 San Diego CA 92130
COST:
Pre-Registration: (Please pre-register by noon on 6/8/10)
$10.00 - CommNexus Sponsor
$20.00 - Non-Sponsor
FREE - Mentor Sponsor
At the Door:
$20.00 - CommNexus Sponsor
$30.00 - Non-Sponsor
FREE - Mentor Sponsor
Students, Military & Press: FREE
Ho Nam
General Partner, Altos Ventures
Ho Nam is a General Partner of Altos Ventures, focusing on investments in the areas of software, digital media, and infrastructure technologies. He currently serves as a director of Accolo, Billeo, Immunet, JS-Kit, SayNow, Telekenex, Trilibis Mobile, and WhiteHat Security. Ho led the firm's prior investments in Axis Systems, Evolve Software, Listen.com, Nishan Systems, Pixo, Provato and Soundpipe. All were deals in which Altos was the lead investor in the first institutional round of funding and achieved exits via IPO or trade sale to public companies. Before joining Altos Ventures in 1996, Ho worked at Silicon Graphics and Octel Communications. Ho began his VC career at Trinity Ventures in 1990 and began his professional career at Bain & Company where he advised clients in the Semiconductor industry on product and corporate strategy. Ho received an MBA from Stanford University and a BS in Engineering from Harvey Mudd College.
Tom Clancy
Managing Director, Tao Venture Partners
Tao Venture Partner is a private investment fund specializing in company formation, investment, and advisory services. Tao invests in novel ventures leveraging analytic and cloud software technologies to become large scale SaaS, Security, Content, and Consumer businesses. Tao’s current portfolio includes: The Active Network, Brightcloud, ecoATM, Paraccel, and Tradebeam. Prior to founding Tao in 2006, Mr. Clancy spent 8 years leading Software, Services, and Internet investments at Enterprise Partners, a regional $1B venture capital fund focused in the technology and health care sectors. Tom was responsible for a portfolio of over 25 investments that included: Stamps.com, Preventsys, Netsift, IPIVOT, Groceryworks, and Breach Security. During the 90’s, Mr. Clancy was an entrepreneur in systems management (BIM Systems), Internet Directory and Mail (Isocor) and Internet Infrastructure (Expersoft). He began his career in the 80’s at Citigroup, where he managed the development and implementation of one of the earliest Internet technology based banking platforms in North America along with advanced technology initiatives in underwriting, foreign exchange, automated service, and kiosks. Tom received a BS in Computer and Systems Engineering from Rensselaer Polytechnic Institute in 1979. He is a board member and past president of the San Diego Venture Group and a board member of the San Diego Software Industry Council.
Brian Nugent
Brian is a seasoned security and networking executive and board director, with a proven record of driving product-centric technology companies to market leadership positions. Brian’s board expertise is currently active with the Board of Directors for BRIGHTCLOUD, a provider of next-gen, in-the-cloud Security Services; as well as AirPatrol, the world’s only provider of cellular + wifi detection, monitoring and intrusion prevention; and also Accelerate-IT, a web 2.0-driven IT Services company focused on Information Security. Brian is a member of the 'Alliance of CEOs'; the San Diego Venture Group; and is a frequent lecturer at CEO consortium’s such as the ‘CEO Total Access Series’. Brian’s technology industry operational experience spans executive leadership posts in general management (CEO, COO), sales, marketing, product management, corporate development, business development and customer service across the security, communications and networking industries. Brian is presently the Chief Operating Officer of St. Bernard Software, a web content security company based in San Diego. Prior to St Bernard, Brian was President, CEO & Chairman of Applied Identity, a policy and identity-driven security technology provider for the enterprise, government and MSP sectors. Applied Identity was acquired in March of 2010 by Citrix Systems (NASDAQ:CTSX). Prior to Applied Identity, he was Senior Vice President of WW Sales and Field Operations for Teros, the leader in Application Firewalls, which was acquired by Citrix (NASDAQ:CTXS). Prior to that he was Senior Vice President of Sales, Marketing, Support and Global Alliances at Atrica, the leader in 10G Ethernet networking for carriers. Atrica was acquired by Nokia Siemens Networks (NYSE:NOK). Before Atrica, Mr. Nugent was Senior Vice President, Worldwide Sales, Product Management, Support & Business Development for LuxN, a leader in metro DWDM that penetrated over 50 service providers globally. LuxN was acquired by Sorrento Networks (NASDAQ:SNTO). Brian has a BA from CSULB in Electronic Media (RTVF) and a minor in Business Administration also from CSULB, and is active in a variety of charitable organizations benefitting disadvantaged and displaced children and spouses.
SIG CO-CHAIRS:
Miles Hale, Principal Systems Engineer, SAIC
John Rotchford, Managing Director, SASI
Bill Unrue, CEO, Anonymizer
Carlton "Duke" Ayers, Chief Systems Engineer, SAIC
DATE:
Wednesday June 9th, 2010
TIME:
7:30AM Registration/Networking/Breakfast
8:00AM Program Begins
9:30AM Program Ends
LOCATION:
3580 Carmel Mountain Road Suite 300 San Diego CA 92130
COST:
Pre-Registration: (Please pre-register by noon on 6/8/10)
$10.00 - CommNexus Sponsor
$20.00 - Non-Sponsor
FREE - Mentor Sponsor
At the Door:
$20.00 - CommNexus Sponsor
$30.00 - Non-Sponsor
FREE - Mentor Sponsor
Students, Military & Press: FREE
Questions? Contact Bailey Cunning at bcunning@commnexus.org
Date:
Wednesday, June 09, 20107:30AM-9:30AM
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