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Board of Directors
Ram Varadarajan, President and CEO
Ram Varadarajan co-founded Arcot Systems in 1997. He has more than 20 years of experience in leading security and mission critical computing endeavors and holds multiple patents for credit card authentication methodologies. Prior to founding Arcot, Ram was executive director, R&D at Informix Software where he was responsible for security and connectivity products. While there he closed the single largest Informix contract (over $30MM) from the US government. Ram also served as the R&D executive at ImagineCard, a smartcard initiative between Informix, Gemplus and Hewlett Packard. Early in his career, Ram was project manager for Distributed Security Systems at Odyssey Research. Ram holds an M.S. from Louisiana State University and a bachelor's degree (B.Tech) from the Indian Institute of Technology.
Frank Kelcz
Frank is an investment manager specializing in Media-Technology businesses for SEB Venture Capital based in London. Prior to SEB, Frank worked with a number of media-tech start-ups as an active angel investor. He was a business development consultant for Pitango Venture Capital (Israel) and provided services for VNU. He introduced intrusion prevention and encryption companies to leading financial institutions and infrastructure operators. Frank was Vice President Europe for Ziff-Davis; he launched multiple magazines and websites including the renowned PC Magazine, worked for Bertelsmann-G&J (Hamburg & New York) and ACE Electronics Publications (Brussels-Milan-Paris-London). He held executive and management positions for the MIDEM organization and Entertainment Systems International. Frank received a BA in Economics & Anthropology-sociology at Bowdoin College where he also worked as a research fellow.
Chris McKay
Chris joined Granite Ventures in September 1998 from Hambrecht & Quist, where he was an analyst in the firm's Venture Capital department. Chris focuses on software, internet and digital media investments. Chris serves on the board of directors for Arcot Systems, Managing Editor Software and Purisma. He is a Board observer for Actional, Convio, and Sendmail, and was previously involved with the Boards of Connected (acquired by Iron Mountain) and Cardiff (acquired by Verity). Chris holds a BA from the University of Virginia.
Michael R. Miele
Michael joined the Arcot board of directors in 2007. He is co-head of the Private Equity Group at Goldman Sachs & Co. and co-chairman of the investment committee. He is also a portfolio manager focusing on primary, co-investment, and secondary investment opportunities. Michael was a founding member of the Private Equity Group in 1996. Previously, he worked in the Principal Investment Area and corporate finance department of Goldman Sachs Investment Banking Division. Michael first joined Goldman Sachs in 1987 as an analyst, and became a managing director in 1999. He received a B.A. from Swarthmore College and an M.B.A. from the Harvard Graduate School of Business Administration.
Terry L. Opendyk
Terry founded ONSET Ventures in 1984 and has specialized in working with information and medical technology start-ups for more than 30 years. Prior to launching the firm, Terry was president of VisiCorp, guiding the software publishing company from inception into an industry leader. He serves on the boards of both public and private companies, including Adaptive Planning, Arcot Systems, Callidus Software, Nektar Therapeutics (formerly Inhale Therapeutics), Nextance and Penederm. Terry received a BS from Michigan State University Honors College and an MS from Stanford University. Terry also is a Fellow at the Lester Center for Entrepreneurship and Innovation at the Haas School of Business, University of California.
Arthur Patterson
Arthur founder and general partner, Accel Partners, is a Silicon Valley venture capitalist authority who has lead many start-ups through their IPOs, including Actuate, Broadbase, Interwoven, iPass, Portal Software, UUNET/MCI-WorldCom, and Veritas. Prior to Accel, Arthur was general partner of Adler & Company and a fund manager at Citicorp Venture Capital. He is currently on the boards of several private companies, including Aptana, Arcot Systems, Centrify, Coremetrics, Counterpane, Integral Development, Iron Planet, MetroPCS, Noosh, Rapt, and Savi Technology. Arthur received an BA and an MBA from Harvard.
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