Strategic Advisory Board

Minder Cheng serves on the Board of Directors at Investment Technology Group (“ITG”). Until July 2010, he was Chief Investment Officer for Index Equity and Capital Markets globally at BlackRock, based in San Francisco and was also a member of the firm’s Operating Committee.

Mr. Cheng joined BlackRock at the time of its 2009 acquisition of Barclays Global Investors (“BGI”), where he was a member of the firm’s Executive Committee and worked in a variety of capacities for the prior 10 years.

Prior to BGI, Mr. Cheng held research, strategy and proprietary trading roles at Convergence Asset Management in Connecticut, Sumitomo Finance International in London, Salomon Brothers in Tokyo, and the New York Stock Exchange in New York. Mr. Cheng holds a PhD, a MS and a MBA from the University of California at Berkeley and a BA from National Taiwan University.

Mark Lockareff is an established senior executive, entrepreneur and investor with a successful 24 year track record of operating, venture capital, investment banking and Board of Director experience with leading companies in the technology industry.

Until September of 2010, he was interim CEO for ParAccel. Prior to that, Mr. Lockareff served as interim CEO and president of Agiliance, a leading enterprise software company in the governance, risk and compliance marketplace and before Agiliance, he was interim CEO at Apptera, the leading voice and visual mobile ad network company.

Mr. Lockareff was a Venture Partner at Meritech Capital Partners, a $2.2 billion venture capital firm that funded data warehouse appliance vendors Netezza and Greenplum.  He was also a founder and managing director of GameChange Ventures, an early stage venture capital firm affiliated with Accenture that focused on enterprise software investments.  Prior to that, he was VP, Corporate Development at Excite@Home and VP & GM of Classified Advertising for Excite. He received a B.A.S. degree in Electrical Engineering and Economics from Stanford University and an M.B.A. from the University of Chicago.

Mr. Scott has more than 25 years of leadership experience building successful and profitable IT enterprises. He is the former VP of Engineering at ParAccel where he was instrumental in developing the current market-leading version of ParAccel Analytic Database. Prior to joining ParAccel, Bruce was responsible for product management and engineering, research, services and support at SenSage. As VP of Engineering, he improved the product strategy and engineering process, leading to strategic partnerships with EMC, IBM, HP and Tokyo Electron.

In 1984, Bruce co-founded Gupta Corp. As VP of Database and Connectivity, he developed its first database product, SQLBase, the first database server to run on a PC LAN and support the client-server architecture. Prior to Gupta, Bruce was one of four co-founders of Oracle Corp., serving as the principle engineer and architect of the Oracle database’s first three versions. Hundreds of thousands of Oracle users know Bruce by the product’s default username and password “Scott/Tiger.” Bruce has a bachelor’s of science degree in Computer Science from California Polytechnic State University, San Luis Obispo, CA.