Kazeon

Craig Conway has enjoyed one of the most distinguished and successful careers in the technology industry. He has been recognized as one of the Top 25... Managers by BusinessWeek, one of the Ten Most Influential People In High Technology by Computer Business Review, and one of the Fifty Most Powerful People in Networking by NetworkWorld. As president and chief executive officer, Conway has led several technology companies to success including most recently, PeopleSoft. Conway joined PeopleSoft in 1999 and began one of the most dramatic turnarounds in the technology industry. His vision to develop the industry's first pure Internet architecture, determination to expand into new products and markets, and intense focus on execution drove PeopleSoft to become the world's second largest provider of business software. In 2002 Fortune magazine named PeopleSoft the Second Most Admired Company, and Forbes magazine named PeopleSoft one of Five Overachieving Companies. On June 2, 2003, Conway announced the acquisition of JD Edwards, making PeopleSoft a $2.9 billion company with 12,000 customers in 150 countries and starting a wave of industry consolidation. Four days later PeopleSoft itself became a takeover target by Oracle Corporation, and so began the longest hostile takeover attempt in history. Eighteen months later PeopleSoft was sold for $10.3 billion, almost $4 billion more than Oracle's initial offer and $7 billion more than the value of the company when Conway took over as CEO. Conway has served as president and CEO of TGV Software, One Touch Systems, and PeopleSoft. He has also held executive management positions at a variety of leading technology companies including executive vice president at Oracle Corporation.
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Sumant joined Clearstone Venture Partners in October 2000, and focuses on core technology investments for Carrier and Enterprise Infrastructure. He... is on the boards of portfolio companies Chutney Technologies, Mimosa Systems, Kazeon Systems and SiNett, he also led Clearstone's investments in ARIO Data Networks and works closely with Crimson Microsystems. Prior to Clearstone, Sumant spent more than eight years as an entrepreneur and successful manager, including building one business in India from start up to substantial revenues. He served as a Managing Director for Technip Inc., a company focused on infrastructure technologies in Asia. Sumant engineered the sale of controlling equity in his corporate division to a European multinational. Sumant was also a founder of MyPotential, Inc., a multi-media company where he helped write the company's first business plan, hired the key management team, raised close to $15 million in angel and venture financing and built key strategic relationships. Sumant has an MBA from the Kellogg Graduate School of Management at Northwestern University, and a BS in Electrical Engineering from Michigan State University.
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