Experience + Technology + Vision = Disruption
At Inxeption, our trio of founders not only have helped fundamentally shape the software industry as entrepreneurs, innovators, and investors, but they understand how businesses that make, sell, and ship products have not been well served by other online commerce platforms and marketplaces.
CEO and co-founder
Farzad brings to Inxeption two decades of experience as a technologist, senior executive, serial entrepreneur, and investor.
Prior to co-founding Noribachi, Farzad was founder, president, CEO, and chairman of the board of the Niku Corporation, an infrastructure productivity software provider that created the first comprehensive suite of enterprise management applications for project and resource-intensive organizations. Niku's iNiku application was an early cloud-based software service. Headquartered in Silicon Valley, Niku employed over 1,200 personnel at the time Farzad took the company public in 1999 in an IPO led by Goldman Sachs (NASDAQ: NIKU). Computer Associates later acquired the company.
Earlier, Farzad was co-founder, president and CEO of Diba, the first consumer information appliance company, which created internet-enabled TVs, smart phones, and consumer devices. Diba was acquired by Sun Microsystems in 1997 just prior to going public in an offering led by Lehman Brothers. Diba became the foundation for Sun's Consumer Technologies Group, which worked with consumer electronics companies to provide internet-ready, Java-enabled TVs, set-top boxes, satellite boxes, and smartphones.
Before founding Diba, Farzad worked at the Oracle Corporation where he held a number of senior positions before becoming the senior vice president of Oracle's New Media Division. Under his leadership, the 450-person New Media division developed the infrastructure technology and application prototypes for the first large-scale deployment of residential video-on-demand services. In addition, Farzad helped conceptualize Oracle's efforts to create the network computer, a precursor to today's internet-enabled computers that utilize cloud-based software applications. Farzad began his career as an engineer at General Electric. He holds a B.S. in mechanical engineering and a B.A. in computer science from San Jose State University.
In addition to having served on the Board of Directors for multiple technology startups, Farzad is the co-author of Just Add Management: Seven Steps to Creating a Productive Workplace and Motivating Your Employees In Challenging Times, published by McGraw-Hill, 2002. He also authored from 1996-1997 the acclaimed Diary of a Startup, which was published in serial form by Upside Magazine.
Business owners are demanding a better way to digitize and integrate the full slate of business needs from financial resources to marketing online, to collaborating with partners, to ecommerce carts. Inxeption aims to become a business owner’s advocate. We help our customers do business better.
COO AND CO-FOUNDER
As a software engineer with over 30 years of industry and senior executive management experience, Mark’s passion is building cutting edge solutions that disrupt the software world. Prior to Noribachi, where Mark helped create the platform that eventually became Inxeption, Mark served as senior vice president of products at Recommind and was responsible for Engineering, Product, Support, and Cloud Services Delivery team for Recommind's eDiscovery products. While at Recommind, Mark oversaw and consistently grew Recommind's largest revenue division - OnDemand Services. Mark also led the worldwide Engineering and Product teams to advance from waterfall product development to sprint-based processes, and eventually become a nimble DevOps organization.
Mark also served as executive vice president of products and services for Niku Corporation (whose product, Clarity, was acquired by Computer Associates) and as a designer of enterprise IT project/portfolio management systems, where he led all product operations including early design, delivery, marketing, professional services, and support. He continues to be excited by the large Clarity user community and enthusiastic customer bases.
Mark was also a founding member of several high-growth consumer startups specializing in cloud-based video and music devices and services including Diba (information appliances), Listen.com/Rhapsody, as well as OneTrueMedia/Spotmixer, where he was founder and CEO.
Mark began his career working for nearly a decade in the Oracle Database Kernel Development team specializing in highly scalable and performant data systems. He holds patents in Media Servers, Online Video Serving, and Information Appliance Architectures. He holds a B.S. in computer science from Northwestern University, Evanston, IL.
Old software models are less and less relevant to modern business dynamics. It takes too long and demands too much capital to implement enterprise-wide systems that are immediately obsolete. Inxeption represents a better way to give business owners at every scale the ability to sell more, become more efficient, and get better visibility into their own business and collaborations.
CO-FOUNDER AND BOARD MEMBER
Terry Garnett is an active part of the Inxeption management team and member of the Board of Directors. Terry has over 30 years of experience in the software industry and, most recently, served two terms as acting CEO of Actian Software, a hybrid data management company with over $100m in annual revenue. In addition, earlier in his career he was senior vice president and part of the Executive Management Committee at Oracle Corporation, where he ran worldwide marketing and corporate development. He served as a consultant in the McKinsey & Co. Electronics Practice and held technical manufacturing management roles at Tandem Computers.
Mr. Garnett was a general partner and venture partner at Venrock Associates for eight years, personally invested in Siebel Software and Salesforce.com, and was an active participant in the founding and launching of leading software companies such as New Era of Networks, Neoforma, and Niku. He worked closely with his wife, Katrina, to found Crossworlds Software in 1996, creating the EAI (Enterprise Application Integration) category. The company went public in 2000 and was later acquired by IBM.
Mr. Garnett is the co-founder of Garnett Helfrich Capital, a $350m technology venture buyout firm that successfully built up several market leaders, including Blade Network Technologies (acquired by IBM) and Wyse Technologies (acquired by IBM).
Terry holds an M.B.A. from the Stanford University Graduate School of Business and a B.S. from the University of California, Berkeley.
Over the next decade, it’s inevitable that the industrial world will adopt the e-commerce model that has thrived in the consumer sector. This will include new innovative services and marketplaces that create dynamic enterprises that operate in a real time environment.
CHIEF FINANCIAL OFFICER
Inxeption CFO Faisal Chughtai brings 20+ years of experience in managing internet and software P&L, finance, strategy, operations, international expansion, M&A, and financing. Faisal was most recently an executive vice president at Web.com. Prior to that, he was a senior investment banker at J.P.Morgan and RBC Capital Markets, advising clients in software, internet, and digital media sectors in North America, Europe, Latin America, Asia, and Australia. Faisal has an M.B.A. in finance from the University of Chicago Booth School of Business and an undergraduate degree in mathematics from the University of Texas at Austin.
Inxeption is a company with a truly disruptive vision and founders who have had the experience and DNA for investing in disciplined growth. Inxeption has the foundation and power to make a massive impact in innovating the Industrial Commerce space.
Josh’s most recent position was President, Global Freight Forwarding at XPO Logistics, the Greenwich, CT-based top ten global provider of transportation and logistics services. During his more than seven years at XPO, Josh held multiple leadership positions. Most notably, he led Strategic Initiatives for North American Transportation and previously he was Co-President of domestic freight brokerage.
Previously, Josh had served as President of Interide Logistics; Josh also led a start-up venture for ICAP, a publicly traded financial services company based in London. He successfully launched a domestic freight brokerage while spearheading their marketplace aspirations and initiating container freight derivatives in the United States.
Our eCommerce services platform allows companies large and small to expand exponentially without adding overhead and infrastructure.
President, Financial Services
Swaroop brings more than 18 years of leadership experience in roles across lending and payments businesses. In previous roles, he managed multiple functional areas, owned P&Ls, and drove transformational growth. Most recently, he served as the Head of Payments for Small & Medium Enterprises at Bank Of The West (a BNP Paribas Company), and prior to that, he was the General Manager for Small Business Credit Cards at PNC Bank.
Digital transformation within businesses is occurring at a pace never before seen. I am incredibly excited to join an organization at the center of this transformation.
EVP OF BUSINESS OPERATIONS
Peter Stern joined Inxeption in 2017 as senior vice president of corporate development. He brought with him over 20 years of technology sales, leadership, business development, and startup experience. Prior to joining Inxeption, Stern served in roles such as chief revenue officer and head of sales at Skedulo, Autopilot, Kenandy, and OpSource.
Early on in his career, Stern was vice president of enterprise corporate sales at Salesforce. At Salesforce, he was responsible for the west coast development and growth of a new direct sales division. Stern's first job out of college was at Oracle, where he worked for six years, and was ultimately responsible for the management of a North American field sales organization evangelizing Oracle's embedded infrastructure technology within the Independent Software Vendor (ISV) community.
Stern attended the University of California, Berkeley, where he was a two-time All American on the men's NCAA water polo team. During college, he was a member of the United States Men's Senior National Water Polo Team and a gold medal winner in the 1997 FINA World Championships.
Stern is an active member of the Bay Area community. Together with his family, he supports several philanthropic causes including the Wender Weis Foundation for Children, the Cancer Prevention Institute of California, and the PlumpJack Foundation. In December 2010, he was appointed to the San Francisco International Airport Commission by Mayor Gavin Newsom and was reappointed in 2014 by Mayor Edwin Lee.
Inxeption taps into a huge unmet need: Business owners want and need to digitally transform, but current solutions are too complex and expensive, whether you own one retail shop or a multi-billion-dollar P&L. The Inxeption vision is the future of ecommerce for business.
CHIEF CONTENT OFFICER
Joan O’C. Hamilton
Joan O’C. Hamilton is a widely published author and an award-winning former journalist who began her career in Business Week’s Silicon Valley bureau. Joan has collaborated with high-profile business, political, and philanthropic figures on books, including Vice President of the United States Kamala D. Harris (Smart on Crime); former eBay and Hewlett-Packard CEO Meg Whitman (The Power of Many), and former Applied Materials CEO and Chairman James Morgan (Applied Wisdom). As a ghostwriter she has produced three New York Times best-sellers. Her most recent collaboration was with Rob Chesnut, the chief ethics officer of Airbnb; the book is Intentional Integrity; How Smart Companies Can Lead an Ethical Revolution. It was named one of the best 10 business books of 2020 by Inc. Magazine.
Joan’s work also has appeared in Harvard Business Review, MIT Technology Review, Wired, and many other publications. A native of San Francisco, Joan has a B.A. from Stanford University in communication and political science.
I have spent my career identifying and illuminating big ideas. Inxeption is an exciting vision of the future, a world where companies are more connected, empowered, and efficient.
Rhonda Dibachi is a business executive, entrepreneur, and author. She was the co-founder and former CEO of Noribachi, a custom LED lighting manufacturer. She also co-founded Niku Corporation, an infrastructure productivity software provider, and prior to that worked for the online grocery delivery service Webvan. Rhonda began her career at General Electric, and she worked as a manufacturing management consultant for Arthur Young. From 1989 to 1996, she worked for Oracle Corporation in positions such as architect, development manager, and director of testing for Oracle's manufacturing applications. Rhonda graduated from Northwestern University with a Bachelor of Science degree in nuclear engineering. Later, she attended Santa Clara University where she received her M.B.A. in 1987.
George J. Still Jr., is vice chairman and lead independent director at Workday, Inc., having joined the board in 2009. From 1989 to 2013, he was a managing partner at Norwest Venture Partners (NVP). NVP is a global venture capital firm and has funded over 500 companies since its inception in 1961. George transitioned in 2013 to partner emeritus. George currently manages a small private equity fund, Palo Alto Venture Partners Fund.
Over the last 30 plus years in venture capital, George has directly led investments in 44 companies, serving on the board of directors of over 30 public and private companies. He was the sole venture investor in PeopleSoft which grew from a start-up to an S&P 500-listed company and was lead investor in Rackspace, Inc. He helped co-found two companies, Verio, and Web.com Group. George is a member of the Board of Advisors of Tuck School's Center of Private Equity and Tuck's Board of Overseers. He is a former member of the Board of Directors of the Lucille Packard Foundation for Children's Health, First Tee of San Francisco, and National Venture Capital Association. George also served as an officer on the Executive Committee of the United States Golf Association. George received his Bachelor of Science from Pennsylvania State University and his M.B.A. from the Tuck School at Dartmouth College.
John Thompson Is Chairman of the Board of Microsoft and Venture Partner at Lightspeed Venture Partners. He previously served as CEO and Chairman of Symantec, CEO of Virtual Instruments, and he held many senior positions during a 28-year career at IBM.