RiverMuse Inc is a privately owned company, funded by Promethyan Labs, Trinity Ventures and Sierra Ventures.

Promethyan Labs

Promethyan Labs is a software technology incubation business formed by a team with a successful track record in the serial innovation and commercialisation of intellectual property.

The company’s all hands on deck approach helps to reduce the time and risk in transforming algorithm heavy technology ideas into market ready businesses. Sitting between Angel and Venture Capital, Promethyan Labs provides the resources entrepreneurs need – technical, strategic, commercial and financial – to expedite an idea from conceptual spark to market-ready offer.

Trinity Ventures

Founded in 1986, Trinity Ventures, a boutique firm, partners with passionate entrepreneurs to transform revolutionary ideas into reality. With over $1 billion under management, Trinity Ventures was founded on the principle of personal engagement and mutual respect with the entrepreneurs we fund. Trinity Ventures focuses on early stage technology ventures with a particular emphasis on digital media, Internet services, mobility, security and software markets.

Trinity Ventures has invested in more than 100 ventures, including such leading companies as Affinity Labs (acquired by Monster.com), Aruba Networks (ARUN), Bix (acquired by Yahoo!: YHOO), Blue Nile (NILE), Crescendo Communications (acquired by Cisco: CSCO), Extreme Networks (EXTR), Forte Software (FRTE), IntruVert Networks (acquired by Network Associates: NWK), LoopNet (LOOP), Modulus Video (acquired by Motorola: MOT), Network Alchemy (acquired by Nokia: NOK), Photobucket (acquired by News Corporation: NWS), SciQuest, Speedera Networks (acquired by Akamai Technologies: AKAM), Starbucks (SBUX), Sygate Technologies (acquired by Symantec: SYMC) and Wall Data (WALL).

Sierra Ventures

Sierra Ventures, founded in 1982, is a privately held venture capital firm focused on investments across all areas of the Information Technology sector from semiconductors to enterprise software. Sierra Ventures has managed nine venture capital partnerships and currently has more than $1.5 billion of capital under management. Some of the firm’s investments include 360Commerce (acquired by Oracle), Active Software (acquired by WebMethods), AmeriGroup (AGP), Authentec (AUTH),Centex (acquired by WorldCom), ConvergeNet (acquired by Dell), FatBrain (acquired by Barnes & Noble), Frontbridge (acquired by Microsoft), Healtheon (merged with WebMD), Interact Commerce (acquired by Sage), Intuit (INTU), Micromuse (acquired by IBM), OnAssignment (ASGN), OnLink (acquired by Siebel), Quinta (acquired by Seagate), StrataCom (acquired by Cisco), Sourcefire (FIRE), Sychip (acquired by Murata Manufacturing) and Teradata (acquired by NCR).

RiverMuse Board of Directors

Phil Tee, Chairman

Phil is serial technology entrepreneur with a deep and proven pedigree in the service and fault management technology markets. Phil co-founded Micromuse, a service management technology company, which held its IPO on NASDAQ and was sold to IBM in 2006 and RiverSoft, a root-cause analysis and discovery technology company, which held its IPO on the London Stock Exchange Main Board and was sold to Micromuse in 2002. Phil’s ideas and software form the core of service management offerings from IBM, Hewlett-Packard, Cisco, Alcatel-Lucent, Ericsson and Nokia. Phil is able to claim that greater than 90% of the networks running the internet today are monitored and managed using software that he created. He also holds multiple software algorithm patents and is credited with a number of inventions. He holds a first class BSc Honours degree in Physics from the University of Sussex.

JL Valente – President & CEO

JL Valente brings over 20 years experience at senior level in the enterprise software sector. He has held global senior sales, marketing and operations positions at software companies ranging from CA, Viasoft (now ASG), InfoVista and most recently CITTIO. As CITTIO’s Executive Chairman, JL pioneered the company’s efforts of its well-regarded cloud computing initiative. Prior to that, JL ran the Americas Operations of InfoVista where he engaged in successful business transformation, bringing innovation to market, receiving awards and accolades along the way. Over a 10-year period from ‘87 to ‘96, JL was integral to Computer Associates’ successes running regional and international marketing as well as building and leading a P&L for CA in Iberia. He speaks French, Spanish and English and holds a Master of Computer Science degree from Ecole d’Ingénieurs des Technologies de I’Information et du Management (EFREI), Paris, France.

Tim McAdam

Tim is a general partner focused on leading early-stage investments in the infrastructure and enterprise software and services sector at Trinity Ventures. He has led investments or worked with Cyclone Commerce (acquired by Sopra/Axway), Fiderus (acquired by EDS), Hummingbird Communications (HUMC), IntruVert Networks (acquired by McAfee, NYSE: MFE), JDA Software (Nasdaq: JDAS), Restrac (Nasdaq: HIRE), Sygate (acquired by Symantec, Nasdaq: SYMC), Trident International (acquired by Illinois Toolworks, NYSE: ITW), Vista Information Technologies (Acquired by Avaya, NYSE: AV), and VTC (acquired by Lucent Technologies, NYSE: LU). In addition to RiverMuse, Tim is currently on the boards of Likewise Software, Sabrix, SciQuest, and Tippit. Tim has eighteen years of experience in the venture community, a BA in Classics from Dartmouth College and an MBA from Stanford’s Graduate School of Business.

Dave Schwab

Dave is managing director of the enterprise software and consumer software investments at Sierra Ventures. He has led the firm’s investments in 360Commerce, Inc. (acquired by Oracle), CrossLogix (acquired by BEA Systems, Inc.), Interact Commerce Corp. (IACT-NASD), Knova (Merger of Kanisa and Service Ware), Micromuse (MUSE-NASD), Motiva (acquired by Siebel Systems), and Onlink Technologies (acquired by Siebel Systems). With a masters degree in aerospace engineering from Stanford University, Dave is truly a rocket scientist. Combined with his MBA from Harvard University, he merges a strong technical background with a solid financial acumen that challenges entrepreneurs’ thinking. Dave currently serves on the boards of the following private companies: Accruent, ClearApp, Corrigo, CSS SlashSupport, ZillionTV and Zoom Systems.

Rich Green

Green brings a wealth of knowledge and experience in the open source and proprietary software sectors. A veteran of the Silicon Valley software industry, Green joined Sun Microsystems in 1989 where he held a variety of roles, including Vice President and General Manager of Solaris and Java during which he led the creation of JavaEE and JavaME. He went on to become Sun’s Executive Vice President of Software responsible for its entire software product, service and support business. Currently Executive Vice President of the Mobile and Enterprise business at Nuance Communications, Green is also a member of the Foundation Board of the University at Albany (N.Y.) and a co-founder and board member of Freshbrain.org.