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Management

Terry Cave,

Chairman

Terry brings more than 20 years executive experience in technology companies, identifying and commercialising those technology assets capable of fuelling high growth and profitability. He was CEO of DataCash plc, an AIM listed payment service provider, which grew annual revenues and profits under his leadership by 35% and 70% respectively, and more recently ran the email filtering company, St Bernard Software in EMEA. Prior to these, he ran Centura Software Limited, (successfully sold to Platinum Holdings and re-branded as MBrane) and Siebel prior to the company being acquired by Oracle, where he was VP EMEA and he also held the position of Senior VP EMEA for SalesLogix Corporation.

Dan Somers,

Managing Director

Dan is the founder of vc-net. He was previously employed as a strategy consultant with LEK Consulting, working on a number of high profile technology projects. He was previously founder and Managing Director of Homescape Properties (property development) and has an MA in Engineering and a Diploma in Management Studies, both from Cambridge University.

Daniel Selby,

Finance Director

Daniel qualified as a Chartered Accountant with BDO Stoy Hayward and after qualification worked as a senior investment analyst for both Eurovestech plc (an AIM quoted venture capital fund), and BBC Vecta, part of the corporate venturing arm of the BBC developing technology applications. Daniel has experience in growing companies including fund raising and Company listings. Most recently he was Finance Director of Clear Start UK Ltd, a specialist financial services company. Daniel oversaw rapid growth of sales and earnings before Clear Start was sold to one of the largest companies in the sector. Daniel joined VC-net in Feb 2008

James Stere,

Sales Director

James has over 10 years experience in managing global conferencing services. He started his conferencing career in the US and then returned back to the UK to set up and run the EMEA sales division at Global Crossing Conferencing. Later he was approached to do the same for V-SPAN (now Wire One) for Europe. He was previously the founder and Managing Director of Key Decisions, the leasing company.

Campbell Letson,

Head of Operations

Campbell comes to vc-net after spending 6 years as the Managing Director of an Australian Business Services ISP. His broad understanding of technologies and means by which they enable solutions arise from a 15+ year foundation in operational and business development management throughout the Middle East, North America, Asia and the Southern Hemisphere.

Bruce Macfarlane,

Non-Executive Director

Bruce practiced US securities law in New York before joining Merrill Lynch for 15 years, ultimately as Managing Director the firm’s UK investment banking activities. In 1995 he joined Bankers Trust as a Partner, leaving in 1999 to expand into private equity eventually co-founding MMC Ventures.

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