Board of Directors
Jack Biddle
Partner, Novak Biddle Venture Partners
Jack Biddle co-founded Novak Biddle Venture Partners in 1996. From 1990 to 1995, he was President and CEO of InterCAP, a venture-backed computer software company with 100 Fortune 500 clients. InterCAP was number 18 on the "Fast 50" list of the mid-Atlantic's fastest-growing companies. It was profitably acquired by Intergraph in 1995. From 1987 to 1990, Biddle rose from Senior Associate to Partner at Vanguard Atlantic, Ltd., a merchant banking group focused on M&A advisory work and control investments in software companies on the firm's own account. At VAL, he served as CEO or COO of several portfolio companies. Earlier in his career, he was an IT Industry Generalist, focused on telecommunications technology, at the Gartner Group, where he was also Executive Assistant to the CEO, Gideon Gartner. He began his career in 1983 in Austin, Texas at Business Development Partners, an early-stage venture capital partnership. Biddle is an alumnus of the University of Virginia.
Biddle currently serves on the boards of Trusted Edge, Vision Chain, CorasWorks, Netcordia, Triumfant and Fiberzone Networks. Past board or observer seats include SafeView, Inc. (acquired by L3 Communications), Matrics (acquired by Symbol Technologies), Giga Information Group (Nasdaq: GIGX., acquired by Forrester), Telogy Networks (acquired by Texas Instruments), Tantivy (acquired by Interdigital), AnswerLogic (acquired by Primus Knowledge Systems), and Blackboard, Inc. (Nasdaq: BBBB). He is a Director of the Computer & Communications Industry Association, and is a member of the Naval Research Advisory Counsel for the Office of Naval Research. Biddle previously served three years as co-chair of MAVA's Capital Connection Selection Committee.
He is on the Investment Committee of the New Markets Growth Fund, an SBA-leveraged fund associated with the University of Maryland targeting development-oriented private equity investments in disadvantaged areas. He is a frequent speaker on entrepreneurship for the U.S. Department of Commerce, and has made presentations for them in Russia, China and Japan. Biddle is on the Business Advisory Council for the Montgomery County Council and serves as Vice Chairman of the Baltimore Symphony Orchestra, as well as a member of the Finance and Executive Committees on the Board.
Wayne Jackson
CEO, Sourcefire, Inc.
Wayne Jackson joined Sourcefire in May 2002 and serves as its Chief Executive Officer. During his tenure, Sourcefire grew from a fledgling open source start-up to a profitable category leader with 'top-right' placement in the Gartner magic quadrant and a revenue growth rate that is the envy of the industry.
Before joining Sourcefire, Jackson co-founded Riverbed Technologies, a wireless infrastructure company, and served as its CEO until the successful sale of the company to Aether Systems for more than $1 billion in March 2000. At Riverbed, Jackson grew the company from start-up to category winner in less than two years with more than 100 employees and relationships with industry leaders including Palm, Oracle, IBM, Symbol and Microsoft.
As the Managing Director of Aether Capital, Jackson led the process for strategic investing and played a key role in two secondary stock offerings that raised more than $2 billion. Previously, he built a sophisticated emerging-technologies profit center for a large systems integrator and has consulted to organizations including General Electric, the World Bank and the Federal Reserve.
Jackson holds a B.B.S in Finance from James Madison University.
Pascal Luck
Partner, Core Capital Partners
Pascal Luck joined Core in April 2000 and concentrates primarily on the firm's technology investments. His areas of focus include the telecommunications, software and information technology sectors. Luck serves on the Boards of Directors of Covega, Nextone, Trust Digital and VPI Systems, and is a Board Observer at Sourcefire and Trinity Convergence.
Prior to joining Core, Luck was a Director and Founder of CrossHill Financial Group, a D.C.-based, private investment banking firm. At CrossHill, Luck was responsible for executing numerous merger and acquisition transactions, private placements, and financial advisory assignments for clients in the communications, high technology, manufacturing and service industries. Earlier, Luck was a Senior Manager in the management consulting division of Deloitte & Touche, where he specialized in finance and strategy for the telecommunications and information technology industries. His clients included AT&T, MCI, Sprint, GTE, Bell Atlantic, Williams and US West, among others. Luck began his career as an engineer with Bell Laboratories working on the PBX product line and international telecommunications standards.
Luck is a Chartered Financial Analyst and a member of the Association for Investment Management and Research. He holds an MBA in Finance with Distinction from The Wharton School of the University of Pennsylvania, a Master's of Electrical Engineering from the University of Maryland, and a Bachelor of Science degree in Physics/Engineering from Loyola College. He lives in Washington, D.C. with his wife and son.
Xander Perry
General Partner, Anthem Capital Management
Xander Perry joined the Anthem team in 1998 and has over 10 years business experience with emphasis on telecommunications, information technology and venture capital investing. Before joining Anthem, Perry worked with Advent International in Boston, Massachusetts where he assisted with the venture capital firm's investments in technology companies. Prior to his career in venture capital, Perry designed and implemented software systems and telecommunications solutions for MCI, BellSouth, and other Fortune 500 companies. He spent four years with Andersen Consulting (Accenture) where he was aligned with the firm’s IT/telecom and Telecommunications industry groups. Perry acquired his MBA from the Wharton School of Business and his bachelor's degree from Emory University.
John Prisco
CEO, Triumfant, Inc.
John Prisco joins Triumfant as President and CEO with more than 25 years of experience as a founder and manager of numerous high-tech start-up companies. Prisco established a track record of success in the high-tech field first by founding Penn Access, a competitive local access carrier operating in Pittsburgh. Prisco also served as President and CEO of 2nd Century Communications, the nation’s first packet-based CLEC operating in 33 of the largest U.S. metropolitan areas. In 2001, Prisco became CEO of eLink Communications, a BLEC with over 300 multi-tenant buildings operating in New York City. In 2003, he became President and CEO of Ridgeway Systems & Software, a U.K.-based software company specializing in secure firewall traversal and acquired by Tandberg Incorporated in 2004. Most recently, Prisco served as President and CEO of GeoVantage Inc., a location-based services aerial imaging company sold to John Deere at the end of 2005. Prisco holds a B.S. in Electrical Engineering from Columbia University and a Master of Science from the Massachusetts Institute of Technology.
Tom Skelton
TriState Investment Group IV and NC IDEA
Tom Skelton joins the Triumfant Board of Directors with more than 30 years experience in IT general management and sales. This broad base includes 12 years with Manugistics, where he grew the company from $14M to $65M and took it through to an IPO as Chief Operating Officer. Since then, Skelton has been President or CEO of four additional software and services companies. In addition to Triumfant, he currently serves on five boards of public and private, as well as non-profit, organizations.
Tim Webb
Partner, Inflection Point Ventures
Tim Webb is a general partner for Inflection Point Ventures, a company that provides venture capital and business support for early-stage telecommunications, information technology and electronic commerce companies with the potential to generate rapid growth in revenue, profitability and shareholder value. The company focuses on businesses whose technology holds potential to fundamentally change markets.
Prior to Joining Inflection Point Ventures, Webb was a special advisor to Patricof & Company Ventures, Inc., and a founder of Embryon Capital. Before moving into venture capital, he spent 10 years at RAND, where he built the Critical Technologies Institute, and worked on defense and intelligence strategy and technology. Earlier in his career, Webb built spacecraft systems for General Electric. He earned a master's degree in Public Policy from Harvard University, and also holds a Diploma from Imperial College of Science and Technology, and a Bachelor of Science degree from the University of Pennsylvania, both in Electrical Engineering.
