Customers and partners are invited to learn about Xtime's world-class Board of Directors, whose oversight includes stewardship of company operations on behalf of customers, employees, and shareholders. Xtime is thus distinguished from many software companies in the automotive retail sector which are often run to generate quick rewards for one or a few proprietors, and which are equally quick to fade from the market. We hope you will find security in the knowledge that Xtime is being governed by executives and investors who have collectively built 25 enterprises that have generated $Bs of liquidity through IPO or merger/acquisition.
Bryan Grummon, Former CEO Gemstone Systems
Bryan is a seasoned business and technology executive whose career has spanned thirty years of P&L responsibility, leadership of rapid growth and profitability through both adverse and fertile economic conditions, and broad experience in software, computers, telecommunications, and high-tech electronic components in both international and domestic markets.
Bryan remarkable track record includes successful service as President and CEO of six venture-funded startups, where he was often called upon to perform dramatic turnarounds. At ChiliSoft, Bryan repositioned the company to provide one of the first cross-platform development environments for Linux and eventually sold the company to Cobalt Networks (now part of Sun) for $110 million. At Gemstone Systems, Bryan led the company's strategic shift towards providing one of the industry's first Java application servers, increasing sales from $3 million to $30 million in five years and eventually the company to Brokat for $287 million. At Digital Sound, Bryan restructured the sales channel, rebalanced the organization, and refocused engineering. Within three years, Bryan had achieved profitability and led the company through an IPO with a $180 million market cap. At ITT PowerSystems, Bryan led the $70 million manufacturer of industrial electronic components through a turnaround during which he returned the company to profitability in less than a year and doubled sales and return-on-assets over four years.
Bryan received his BS in Electrical Engineering from the Illinois Institute of Technology and was working on his Ph.D. in Physics at the University of Chicago when he was recruited by Enrico Fermi Labs to be Chief Experimental Engineer for a high-energy particle physics project, thus beginning his highly successful career in the for-profit sector. After leaving Fermi Labs, Bryan served at Zenith Corporation, where he rapidly rose from manager to Corporate Director of Operations with P&L responsibility for $110 million of business and oversaw the development of one of the industry's first financially successful line of personal computers and peripherals, the Z100. His previous experience also CEO/President roles at venture-backed startups Micro Office Systems (an early pioneer in laptops) and Aptec (a super-minicomputer supplier to military and commercial markets).
Neal East, CEO Xtime
Neal East joined Xtime in 2002 and is a 25-year veteran of high technology sales, product development, and executive management. Prior to Xtime, Neal was co-founder and CEO of LiveCode, a provider of customized web applications for the financial services industry. LiveCode generated over 50% net profit margin on $2 million in revenue in its first year of operation, by delivering advanced web applications to companies like Chase Manhattan, Freddie Mac, and HomeStore. Prior to LiveCode, Neal was a founding executive at Dorado Inc., where he helped grow the company from a garage startup to the leading provider of web-based solutions for the trillion dollar U.S. mortgage industry.
Neal also was President of Enterprise Engines, Inc., a pioneer in Web ERP, which was purchased by QAD, as well as Vice President of Sales for GemStone Systems, a pioneer in Java Application Servers, which was purchased by Brokat. Neal began his career at IBM, where he held a variety of sales and management positions. Neal has lived and worked in both Asia and Europe and holds a BA degree in Political Science with a minor in Business Administration from the University of California at Berkeley.
Steve Jurvetson, Managing Director Draper Fisher Jurvetson
"You'd be hard-pressed to find a more influential group of investors than those selected by our reader survey. Selected as number 1: Steve Jurvetson."
- Optimize Magazine, Power Issue cover story, October 2004
Steve Jurvetson is a Managing Director of Draper Fisher Jurvetson. He was the founding VC investor in Hotmail (MSFT), Interwoven (IWOV), and Kana (KANA). He also led the firm's investments in Tradex and Cyras, acquired for $8 billion. Previously, Steve was an R&D Engineer at Hewlett-Packard, where seven of his communications chip designs were fabricated. His prior technical experience also includes programming, materials science research (TEM atomic imaging of GaAs), and computer design at HP's PC Division, the Center for Materials Research, and Mostek. He has also worked in product marketing at Apple and NeXT Software. As a Consultant with Bain & Company, Steve developed executive marketing, sales, engineering and business strategies for a wide range of companies in the software, networking and semiconductor industries. At Stanford University, he finished his BS in Electrical Engineering in 2.5 years and graduated #1 in his class, as the Henry Ford Scholar. Steve also holds an MS in Electrical Engineering from Stanford. He received his MBA from the Stanford Business School, where he was an Arjay Miller Scholar. He also serves on the STVP Advisory Boards and is Co-Chair of the NanoBusiness Alliance. He was honored as "The Valley's Sharpest VC" on the cover of Business 2.0 and chosen by the SF Chronicle and SF Examiner as one of "the ten people expected to have the greatest impact on the Bay Area in the early part of the 21st Century." He was profiled in the New York Times Magazine and featured on the covers Worth, Red Herring, and Fortune Magazine. Steve was chosen by Forbes as one of "Tech's Best Venture Investors", by the VC Journal as one of the "Ten Most Influential VCs", and by Fortune as part of their "Brain Trust of Top Ten Minds." He was also honored with the "Advocate of the Year Award" by Small Times and chosen as one of "Nanotech's Power Elite" by the Forbes/Wolfe Nanotech Report. In 2005, Steve was honored as a Young Global Leader by the World Economic Forum and a Distinguished Alumnus by St. Mark's. Steve has written several columns on nanotech and other developing technologies.
John Lee, Founder Xtime
John Lee founded Xtime in 1999. Under his leadership, the company survived the dotcom downturn and successfully pioneered its leadership position in Automotive ServiceCRM. John's high-tech startup experience spans 17 years in Silicon Valley. Prior to founding Xtime, John Lee was the first executive hire at Interwoven (Nasdaq: IWOV), the industry leader in enterprise content management solutions, with customers such as Ebay, Charles Schwab, Kaiser Permanente, Cisco Systems, and General Electric. In three years as head of Business Development, John helped grow Interwoven from five to over 125 employees, raised Interowoven’s Series B round of financing, sold to critical early reference accounts such as FedEx, Ford, Geocities, and Grainger, and forged strategic alliances with Microsoft, ATG, IBM, and Netscape. John's first startup experience was at Precision Navigation, where as Engineering and Manufacturing Manager he successfully delivered a U.S. Army SBIR contract, launched the company’s consumer and OEM component product lines, and authorized a patent, John has also held engineering, consulting, and marketing positions at SGI, McKinsey, Hughes Aircraft, and Microsoft. John has an MBA from Stanford Business School, where he was an Arjay Miller Scholar, and also graduated with distinction from Stanford with a BS and MS in electrical engineering.
Aymerik Renard, General Partner Innovacom
Based in San Francisco, California, Aymerik Renard joined Innovacom in 1996, opening the North American office. His major investments include Cobalt Networks (Nasdaq IPO, then bought by publicly traded Sun Microsystems), eFusion (bought by publicly traded ITXC), Epicentric (bought by publicly traded Vignette), Four11 Corporation (bought by publicly traded Yahoo!), Intershop (Neuer Markt IPO), Preview Systems (Nasdaq IPO), Sandpiper Networks (bought by publicly traded Digital Island/Cable & Wireless), Tumbleweed Communications (Nasdaq IPO), and Valicert (Nasdaq IPO, then merged into Tumbleweed).
Aymerik has worked with Internet technologies since 1989, and focuses on enterprise and telecom software investments. He is a frequent speaker at industry events, and is on the advisory board of IBF's Corporate Investing & Strategic Partnering Conference.
Prior to joining Innovacom, Aymerik headed France Telecom North America's Internet and online service-related business development activities. While there, he performed technology, market and strategic analyses and participated in partnership and joint venture negotiations, working in close contact with various France Telecom operating units, and served on the board of directors of the Multimedia Services Affiliate Forum, an international carrier industry group.
Aymerik is a graduate of Carnegie Mellon University in information and decision systems, as well as policy and management.
Marc Weiser, Managing Partner RPM Venture Capital
Marc Weiser is the founder and a managing director of RPM Ventures. At RPM, he is involved with the boards of AutoTradeCenter, Oxlo Systems and Xtime, all in the automotive sector. Additionally, he is on the board of RiverGlass; and he led the fund's investments in Mobius Microsystems, both spin-outs from Midwest universities.
Marc previously was involved with the board of Entegrity Solutions, a provider of complete, integrated access-management and application-security solutions that enable secure eBusiness, and R4 Global Services, a company specializing in the delivery of RFID-enabled solutions to clients in the retail, consumer packaged goods, manufacturing, transportation and logistics, and healthcare industries.
Prior to forming RPM, Marc was a founder of QuantumShift, a provider of Web-based business-to-business technology and services that fill corporate telecommunications needs. At QuantumShift, he was the executive in charge of early technology and e-commerce systems development. He was involved with the QuantumShift board and raising part of the $140 million the company raised from inception.
Marc was one of the first employees at MessageMedia, where he was a member of the road-show team for its initial public offering. While at MessageMedia, he pioneered some of the original methods for online e-commerce transactions and assisted in the launching of the first Internet merchants.
Marc also has worked in business development for Dell Computer Corporation, where he developed consumer aftermarket peripheral and digital music strategies. He was also an associate at Arbor Partners, an early-stage e-commerce venture capital fund based in Ann Arbor.
Marc serves on the board of McKinley Associates, a $1.5 billion real estate company, and is an active member on the board of two public non-profit foundations: the Ann Arbor Area Community Foundation and the McKinley Foundation.
Additionally, Marc is an investor and advisor to a number of non-technology companies, including restaurants, real estate, and small retail businesses. Marc graduated cum laude from the University of Michigan with a bachelor of science in aerospace engineering and a master of business administration with highest honors.
