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Board of Directors

Fabrizio Capobianco

Chairman of the Board and President

Fabrizio Capobianco is a serial entrepreneur and veteran executive. His work experience includes Reuters and Tibco. He also founded the first Italian Web company, Internet Graffiti and Stigma Online, a developer of an information portal product with customers that included Kraft, Novartis, Italian Broadcasting Television and the Italian Stock Exchange. A finance executive at Tibco when the division was acquired by Reuters, Capobianco subsequently led the worldwide pre-sales, deployment and support of Reuters Mercury, a leading software solution for online trading. In addition to his monthly column for Wireless Magazine, Capobianco has taught courses on wireless strategies at the University of Pavia in Italy. He holds a Ph.D. in computer science from the University of Pavia in Italy.

Amit Chawla

Chief Executive Officer

Amit Chawla is CEO of Funambol, the leading provider of white-label personal cloud solutions for billions of phones and connected devices. Amit has an extensive background of executive leadership and operational excellence in the mobile industry, most recently as CEO of enterprise mobility specialist Agito Networks, which was acquired by ShoreTel [NASDAQ: SHOR]. Prior to Agito, Amit was CEO of NexVerse Networks, where he spearheaded the merger with a division of ECI Telecom to form Veraz Networks which was listed on the NASDAQ in 2007. Amit's deep experience with worldwide carrier and Global 2000 enterprise communications products included several leadership positions at Nortel Networks. For more information about Amit, see the press release announcing his appointment as Funambol CEO.

Carl Stjernfeldt

Castile Ventures

Carl Stjernfeldt is General Partner at Castile Ventures. Prior to Castile, Carl was a partner at Battery Ventures where he spent seven years investing in leading IT companies. In addition to Funambol, he serves on the board of BNI Video. He has previously served on the boards of Agito Networks (acquired by ShoreTel), Arbor Networks (acquired by Tektronix), Broadbus Technologies (acquired by Motorola), Cedar Point Communications (acquired by Genband) and Tejas Networks, and was a board observer of Optium (NASDAQ: OPTM, acquired by Finisar). For more information about Carl, please visit his page on the Castile Ventures website.

Fred Sturgis

H.I.G. Ventures General Partner

Fred focuses primarily on enterprise software and IT services investments. Prior to joining H.I.G., he was a Vice President in the technology investment banking group of Hambrecht & Quist, and was a founding team member of H&Q’s Atlanta office. At H&Q, he was responsible for the firm’s East Coast software practice, advising clients on a variety of M&A and capital raising transactions and sponsoring several principal investments through H&Q’s $500 million venture capital fund. Previously, he was with the investment banking groups of both Alex Brown & Sons and Robinson-Humphrey. Fred began his career with Accenture, where he managed software development and operations strategy initiatives for large multinational clients, primarily in the high-tech and telecommunications industries.

Michel Wendell

Nexit Ventures General Partner

Michel Wendell has 25 years of experience in launching and managing international Infocom companies. By advising successful start-ups and billion-dollar market leaders in Finland, Sweden, France and the United States, Mr. Wendell has gained a thorough understanding of the changing dynamics of globalizing markets and rapidly developing technologies. His extensive network of contacts in Silicon Valley, where he resides, is a significant resource to Nexit's portfolio companies. Before co-founding Nexit Ventures, Mr. Wendell served as Vice President of Business Development at Cadence Design Systems. He founded EuroVAR, a European-wide network of Windows based EDA solution distributors, and was VP Europe for OrCAD, Inc., a leading PC based design tool vendor.

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