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  Company: Board and Investors
 
STEWART ALSOP
Venture Partner, New Enterprise Associates

Stewart Alsop is a venture partner of New Enterprise Associates (NEA), focused on applications software for enterprise and consumer markets. Stewart invests in early stage companies developing technologies and services for broadband networks and rich media.

Prior to NEA, Stewart was Editor in Chief of InfoWorld, a weekly newspaper for information-technology professionals. He also published PC Letter, a fortnightly newsletter for computer industry insiders, and produced the Agenda and Demo conferences for executives of companies in the computer industry. Before 1985, he served in several executive editorial positions at business and trade magazines, including Inc. Stewart graduated from Occidental College in Los Angeles.

 
EDWARD M. CLUSS, JR.
President and Chief Executive Officer

Ed Cluss, president and chief executive officer of NextHop Technologies, is responsible for all funding, planning, policy, operational and strategic decisions for the company. Most recently, Mr. Cluss served as an executive-in-residence at New Enterprise Associates, a venture capital firm in Silicon Valley, collaborating on investment opportunities and assisting portfolio companies. Previously, he was a vice president at Cisco Systems Inc., where he structured strategic relationships with wireless LAN (802.11) partners. Prior to that, Mr. Cluss was the president and CEO of InfoGear Technology Corp., an Internet pioneer that developed and delivered software to manage services on multiple types of Internet appliances. Under Mr. Cluss' leadership, InfoGear was acquired by Cisco Systems just prior to a planned initial public offering. Before that, he held several vice president positions at Aspect Telecommunications. During his tenure, Aspect's revenues grew from zero to more than $200 million in annual sales, and market value surpassed $1 billion.

Mr. Cluss holds a master of business administration with high distinction (Baker Scholar) from the Harvard University Graduate School of Business, and bachelor and master of science degrees in mechanical engineering with Tau Beta Pi academic honors from the Massachusetts Institute of Technology.

 
DICK KRAMLICH
Co-Founder and General Partner, New Enterprise Associates

Dick has more than 35 years of venture capital experience. He has represented New Enterprise Associates (NEA) in many Information Technology and Life Science investments, having invested approximately $500Million over the years. Realizations of over $3Billion should be supplemented by current investments in 13 companies. He is on the Board of Directors of 9 of these companies. He has been fortunate to have served on the board of 9 companies in the past which have gone from start-up stage to over $1Billion in value. Some notable examples include Juniper Networks, Ascend Communications, Macromedia, Immunex (now Amgen) and Semiconductor Manufacturing International (SMIC).

Dick was the Chairman and President of the National Venture Capital Association in 1992-93. He received the NVCA Lifetime Achievement Award in 2001 and a similar award in 2005 from the Haas School of Business, University of California – Berkeley. Prior to co-founding NEA in 1978 Dick was a General Partner of Arthur Rock & Associates. He received an MBA from Harvard and an undergraduate degree in History from Northwestern University.

 
SUE HARES
Founder and Chief Technology Officer

Sue Hares is recognized as one of the world's foremost experts in routing technology. Prior to launching NextHop Technologies, Ms. Hares spent 13 years at Merit Network Inc. where she most recently directed the Merit GateD Consortium.

Ms. Hares was also a senior engineer at both Allen-Bradley Corp. and ADP Inc.

An active participant in the design, specification, and implementation of routing protocols, Ms. Hares co-chairs the Internet Engineering Task Force's (IETF's) inter-domain routing group which is standardizing border gateway protocol. She is also a member of the NANOG (North American Network Operators' Group) steering committee.

Ms. Hares earned a bachelor of science degree in computer engineering from the University of Michigan.

 
JAMES W. JOHNSON
Vice President, Computing and Information Technology, Wayne State University

James Johnson is responsible for all computing and networking activities at the university. Prior to joining Wayne State, Mr. Johnson was vice provost for information technology and chief information officer at Emory University in Atlanta. At Emory, he built a fiber optic network, established supercomputer and biological science computer centers for research, and established Emory as a first-rank university in student computing. At the University of Houston, Mr. Johnson became the first vice president for computing at a U.S. university. He is a two-term chair of EDUCOM (now EDUCAUSE), the premier organization for higher education computing institutions and professionals, and serves on the board of Merit Network, the intellectual birthplace of NSFNET, GateD and NextHop.

 
DANIEL PHELPS
Partner, Duchossois Technology Partners

Dan Phelps joined Duchossois Technology Partners (DTEC) in 1999 and focuses on networking investments in both the enterprise and carrier markets. He currently serves on the boards of several DTEC portfolio companies, including Infoblox, Mobilitec, NetNearU, Nexthop Technologies, Personeta and Rubicon Genomics. He is also responsible for DTEC’s investment in Intellon. Previously, he served on the board of Clarity Technologies, acquired by Cambridge Silicon Radio (LSE:CSR.L). Before joining DTEC, Dan was with the Pritzker Financial Office in Chicago, where his responsibilities focused on principal investments in a variety of industries. Previously, he was a member of the financial services group at Ernst & Young. He graduated with Honors from The Ohio State University with a BSBA and received his MBA from the University of Chicago. He is a Certified Public Accountant.

 
NextHop’s major investors include:

New Enterprise Associates (NEA)
Labrador Ventures
Parker Price Venture Capital
Duchossois Technology Partners

 
 
 

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