Cloud Technology Partners (cloudTP) Announces Advisory Board

BOSTON, May 31, 2011 /PRNewswire/ -- Cloud Technology Partners™ Inc. (cloudTP™), the leader in providing cloud solutions that empower business transformation, today announced its Advisory Board (BOA) which includes: Bill Helman, Partner, Greylock Partners; Todd Dagres, General Partner, Spark Capital; Tsvi Gal, Partner, Exigen Capital; and Chris Pasko, Senior Managing Director, Blackstone Advisory Partners LP.  

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"Bill, Todd, Tsvi and Chris have had tremendous success and are recognized leaders in their fields. I have been fortunate to get to know each of them over the years and have tremendous respect for them personally, as well as admiration for what they have achieved. It is a great honor for us that they have chosen to join cloudTP in our quest to build a great company," said Chris Greendale, Co-Founder and CEO, Cloud Technology Partners (cloudTP).  "Bill and Todd are two of the foremost venture capitalists and have a remarkable track record of helping entrepreneurial CEOs build their businesses. Tsvi's banking and technology experience will prove invaluable as we delve deeper into cloud computing technology issues, and Chris' ability to view the industry from a broad perspective will be critical as we work to navigate with technology partners and new business models."  Greendale continued, "We are indeed privileged to have them on our advisory board, and we look forward to working with them as we continue to grow, evolve and propel the business forward."

cloudTP Advisory Board Member Bios

Todd Dagres, General Partner, Spark Capital

Todd Dagres is a founder and General Partner of Spark Capital.  He leads the drive to find the home runs, to uncover the 100x opportunities.  He has said that his work to bring Akamai from idea to publicly traded company was his doctoral thesis in venture capital.  It is that bedrock of knowledge and the experiences built upon it that he brings to Spark and its partner companies.  Mr. Dagres has led Spark's investments in Signpost, Menara Networks, Verivue, Covestor, Kateeva, Group Commerce, Intune Networks and FitOrbit.  Mr. Dagres was previously a General Partner and Executive Committee Member at Battery Ventures. There he led the Communications Investment practice while focusing on the media, entertainment and communications industries. Some of his investments at Battery include Akamai Technologies, Qtera (acquired by Nortel Networks), XCOM (acquired by Level 3 Communications), Redstone (acquired by Siemens), River Delta Networks (acquired by Motorola), Broadbus Technologies (acquired by Motorola), Arbor Networks and Cedar Point Communications.  Prior to Battery Ventures, Mr. Dagres was Principal and Senior Technology Analyst at Montgomery Securities; Senior Technology Analyst and Vice President at Smith Barney/Robinson Humphrey; Vice President of Communications at the Yankee Group; and Business Development Manager for Networks and Communications at Digital Equipment Corporation.  Mr. Dagres holds an MBA from Boston University and a BS in psychology from Trinity College, Hartford, CT.

Tsvi Gal, Partner, Exigen Capital

Tsvi Gal has over 25 years of investment and operational experience in global corporations, with a focus on financial services, media & entertainment and information technology.  Prior to joining Exigen Capital, he was the Chief Technology Officer for Deutsche Bank Asset Management and Investment Banking. Previously, he led the launch of a $750 million download and ringtone business as CIO and Head of Business Development at Time Warner Music Group. He played a key role in WMG's leveraged buyout and subsequent public offering. Mr. Gal also led the public offering for Memco and its $550 million acquisition by Computer Associates.  As President and Chief Operating Officer of AT&T's ATT.COM, Mr. Gal tripled the group's revenue to $390 million per year. His previous experience includes C-level roles at Merrill Lynch, Wells Fargo, ABN AMRO Bank and Bank of America, as well as General Partner in GBS, a $1 billion USA/Japan private equity fund.  In addition, he has advised on numerous mergers and acquisitions as well as public offerings for such companies as Skynet, Ksolo and Vizible.  Currently, he is the New York Chapter President of the Society of Information Managers (SIM), a CIO association with more than 3,500 members.  He is also the author of "Distributed Computing Management" and served on the USA technology delegation to the G7.  In 2001, he received the Einstein Award from the President of Israel.  Mr. Gal serves on the boards of FundTech, Expand, Cardean University, Perfomania and Venotion and is an advisor to the president of Rutgers University.

Bill Helman, Partner, Greylock Partners

Bill Helman joined Greylock Partners in 1984. He is primarily focused on enterprise software and currently represents Greylock on the board of Zipcar. Historically Mr. Helman focused on enterprise software, healthcare and biotechnology and led Greylock's investments in Aveo Pharmaceuticals, Exact Sciences, Upromise (merged with Sallie Mae), Outlooksoft (merged with SAP), Tessera (merged with IXL), Ontogeny (merged with Curis), Hyperion Software (merged with Oracle), Filene's Basement, Pharmacopeia, Millennium Pharmaceuticals (merged with Takeda), Vertex Pharmaceuticals, Mitotix (merged with GPC Biotech) and Reveal Imaging (merged with SAIC).  In addition, Mr. Helman serves on the Board of Trustees of Dartmouth College where he serves as Chair of the Investment Committee and on the Board of Harvard Management Company.  He is on the Board of the Isabella Stewart Gardner Museum and The Steppingstone Foundation and is an Overseer at the Museum of Fine Arts and a member of the Harvard Medical School Board of Fellows.  Mr. Helman is a graduate of Dartmouth College (A.B.) and the Harvard Business School (M.B.A.).

Chris Pasko, Senior Managing Director, Blackstone Advisory Partners LP

Chris Pasko is a Senior Managing Director at Blackstone Advisory Partners LP, based in Boston. Since joining Blackstone, Mr. Pasko has been involved with a variety of transactions including advising Xerox in its acquisition of ACS, Sapient in its acquisitions of Derivatives Consulting Group and Nitro, SeaChange in its acquisition of VividLogic and its sale of Casa, Xafinity in its sale to Advent International, DTN in its sale to Telvent, Everbank in its sale of an equity stake to Sageview, and Microsoft in its partnership with Yahoo.  Prior to joining Blackstone in 2007, Mr. Pasko spent 20 years at Morgan Stanley, during which time he founded the firm's Boston office and was one of the Heads of its Technology Investment Banking Group. During his career, Mr. Pasko has advised on over 150 completed technology transactions for clients including ADTRAN, Akamai, Amdocs, America Online, AT Kearney, Breakaway, Cascade, Diamond Technology Partners, Digitas, EMC, Fujitsu, Hackett, Keane, i-cube, Mainspring, Microsoft, Publicis, Sapient, Siemens, TCS, WebMD, Wipro and Xerox.  Mr. Pasko holds a BA in Economics from Williams College with Honors, where he was inducted into Phi Beta Kappa, was named a Class of 1960 Scholar in Economics, and won the Jack Larned International Management Prize. Mr. Pasko earned his MBA from Harvard University. While at Harvard, Mr. Pasko served as a Teaching Fellow in the Economics Department.

About Cloud Technology Partners (cloudTP):

Based in Boston, MA, Cloud Technology Partners™ (cloudTP™) is the leader in providing cloud solutions that empower business transformation.  From strategic transformational consulting to application implementation, cloudTP™ provides enterprises with solutions to plan and execute migration of business processes, applications and customer data to private, public or hybrid clouds.  By doing this, companies are able to reduce costs, increase efficiencies, accelerate business growth and increase their competitive advantage.  For further information, please visit: www.cloudtp.com, email: [email protected], or call: (617) 674-0874.

PR Contact:
Nicole Gorman
Corporate Communications
Cloud Technology Partners (cloudTP)
T: 508-397-0131
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