Tim Guleri Named General Partner of Sierra Ventures

Feb 05, 2001, 00:00 ET from Sierra Ventures

    MENLO PARK, Calif., Feb. 5 /PRNewswire/ -- Tim Guleri, formerly EVP and
 current Fellow of E.piphany, Inc. (Nasdaq:   EPNY), was today elected a
 General Partner of Sierra Ventures, the $1.2 billion technology venture
 capital fund that has provided early-stage funding to such industry leaders as
 Active Software, ConvergeNet, Evolve, Healtheon, Intuit, Micromuse, OnLink,
 Quinta, StrataCom, and many other successful high growth companies.
     Guleri came to E.piphany in May 2000 when E.piphany acquired
 Octane Software, which Tim co-founded and led as CEO.  In two years Tim built
 Octane from a start-up to over 300 employees, 40 customers and $20 million in
 revenues.  E.piphany purchased Octane in a high profile deal that helped
 E.piphany strengthen its leadership position in the CRM market by being the
 first to bring together analytical and operational applications into an
 integrated suite.
     "Tim was instrumental in driving the success of Octane and helping us
 integrate the two companies," observed E.piphany CEO Roger Siboni.  "In
 addition, he helped bring to market our E.5 system, which redefined the CRM
 market, and establish key partnerships with companies such as
 Deloitte Consulting and Sun Microsystems.  Having accomplished these goals,
 Tim is ready to undertake a new challenge.  With his insight of the enterprise
 software market he will be a very successful Venture Capitalist and I wish him
 all the best.  We look forward to Tim's continued insight and contribution to
 E.piphany as a company Fellow."
     Before co-founding Octane, Tim held a series of key executive management
 positions at Scopus Technology as vice president of technical field operations
 and vice president of product marketing.  Scopus was co-founded by
 Sierra Ventures General Partner Dave Schwab.
     "Having known Tim for almost a decade, I am sure he will be a great
 addition to the Sierra Ventures partnership," commented Schwab.  "I have seen
 Tim's company-building skills first hand as we grew Scopus to $100 million in
 revenue and from 17 to 700 employees between 1992 and 1998.  He'll be a great
 venture capitalist and all of us at Sierra are thrilled that he's joining us.
 Tim fits our General Partner model of bringing substantial operating
 experience to help the companies in which we invest."
     Prior to his time at Scopus, Guleri held marketing and technology
 positions at LSI Logic.
     "I am very excited about joining Sierra Ventures," noted Guleri.  "I look
 forward to applying my experiences in building Scopus and Octane to the many
 opportunities I will see as a venture capitalist."
     Guleri, 35, holds a Master's Degree in Robotics/IE and a
 Bachelor of Science in Electrical Engineering from Punjab Engineering College
 in India.  Tim also serves on the Board of Directors of Again Technologies, a
 Sierra Ventures portfolio company.
 
     Additional Information About Sierra Ventures
     Sierra Ventures was founded in 1982 and has raised eight successful
 venture capital funds with total capital exceeding $1.2 billion.  This capital
 is provided by leading university endowments including Princeton, Stanford and
 the University of Chicago; major national foundations including Ford,
 Hewlett and Mellon; large pension funds including General Motors and EDS; and
 more than 50 successful entrepreneurs, many of whom first worked with
 Sierra Ventures as they built their own companies.
     Sierra Ventures has been located for the past 19 years at
 3000 Sand Hill Road in Menlo Park, CA (650-854-1000).  Additional information
 is at www.sierraventures.com.
 
 

SOURCE Sierra Ventures
    MENLO PARK, Calif., Feb. 5 /PRNewswire/ -- Tim Guleri, formerly EVP and
 current Fellow of E.piphany, Inc. (Nasdaq:   EPNY), was today elected a
 General Partner of Sierra Ventures, the $1.2 billion technology venture
 capital fund that has provided early-stage funding to such industry leaders as
 Active Software, ConvergeNet, Evolve, Healtheon, Intuit, Micromuse, OnLink,
 Quinta, StrataCom, and many other successful high growth companies.
     Guleri came to E.piphany in May 2000 when E.piphany acquired
 Octane Software, which Tim co-founded and led as CEO.  In two years Tim built
 Octane from a start-up to over 300 employees, 40 customers and $20 million in
 revenues.  E.piphany purchased Octane in a high profile deal that helped
 E.piphany strengthen its leadership position in the CRM market by being the
 first to bring together analytical and operational applications into an
 integrated suite.
     "Tim was instrumental in driving the success of Octane and helping us
 integrate the two companies," observed E.piphany CEO Roger Siboni.  "In
 addition, he helped bring to market our E.5 system, which redefined the CRM
 market, and establish key partnerships with companies such as
 Deloitte Consulting and Sun Microsystems.  Having accomplished these goals,
 Tim is ready to undertake a new challenge.  With his insight of the enterprise
 software market he will be a very successful Venture Capitalist and I wish him
 all the best.  We look forward to Tim's continued insight and contribution to
 E.piphany as a company Fellow."
     Before co-founding Octane, Tim held a series of key executive management
 positions at Scopus Technology as vice president of technical field operations
 and vice president of product marketing.  Scopus was co-founded by
 Sierra Ventures General Partner Dave Schwab.
     "Having known Tim for almost a decade, I am sure he will be a great
 addition to the Sierra Ventures partnership," commented Schwab.  "I have seen
 Tim's company-building skills first hand as we grew Scopus to $100 million in
 revenue and from 17 to 700 employees between 1992 and 1998.  He'll be a great
 venture capitalist and all of us at Sierra are thrilled that he's joining us.
 Tim fits our General Partner model of bringing substantial operating
 experience to help the companies in which we invest."
     Prior to his time at Scopus, Guleri held marketing and technology
 positions at LSI Logic.
     "I am very excited about joining Sierra Ventures," noted Guleri.  "I look
 forward to applying my experiences in building Scopus and Octane to the many
 opportunities I will see as a venture capitalist."
     Guleri, 35, holds a Master's Degree in Robotics/IE and a
 Bachelor of Science in Electrical Engineering from Punjab Engineering College
 in India.  Tim also serves on the Board of Directors of Again Technologies, a
 Sierra Ventures portfolio company.
 
     Additional Information About Sierra Ventures
     Sierra Ventures was founded in 1982 and has raised eight successful
 venture capital funds with total capital exceeding $1.2 billion.  This capital
 is provided by leading university endowments including Princeton, Stanford and
 the University of Chicago; major national foundations including Ford,
 Hewlett and Mellon; large pension funds including General Motors and EDS; and
 more than 50 successful entrepreneurs, many of whom first worked with
 Sierra Ventures as they built their own companies.
     Sierra Ventures has been located for the past 19 years at
 3000 Sand Hill Road in Menlo Park, CA (650-854-1000).  Additional information
 is at www.sierraventures.com.
 
 SOURCE  Sierra Ventures