Rearden Commerce

Founder, Chairman and Chief Executive Officer

Patrick Grady is the Founder, Chairman, and CEO of Rearden Commerce. As a recognized pioneer in web services and next-generation e-commerce, he founded the company with an ambitious vision to transform today's chaotic Web and extraneous data into a highly personalized "internet assistant" experience. Enter Deem™ – it simplifies life contextually based upon a user's identity, location, and situation.

In parallel, Rearden Commerce has developed a next-generation platform for e-commerce that enables the most personalized, relevant, and high-margin transactions possible. The network connects over 1,200,000 Merchants, 60 strategic partners, 8,000 business customers, and 20 million consumers. Rearden Commerce has evolved from a revolutionary concept to one of the fastest-growing technology companies and most prominent commerce players.

Patrick's vision has been validated by $250 million in invested capital from legendary venture capitalists, including Burton McMurtry and Vinod Khosla, leading venture capital funds such as Foundation Capital and Oak Investment Partners, as well as corporate partners American Express and JP Morgan Chase. Patrick serves as the company's strategic architect and has spearheaded all of its large-scale strategic alliances.

In 2006, Fast Company named Grady to its "Fast 50" list of people who would change the way we live and work over the next decade; Infoworld considered him a "Top 100 Technology Innovator" in 2002; Supply & Demand Chain dubbed him one of the industry's "Pros to Know" in 2007, 2008, and 2009; and Business Travel News recognized Patrick as one of the top 25 most influential people in the industry in 2006, 2008 and 2010.

As an evangelist for the next generation Web, Patrick is a sought after thought leader, performing speaking engagements with ACTE Executive Forum, AjaxWorld, AlwaysOn, Burton Catalyst, CSFB Disruptive Technology Conference, Future In Review (FiRe), InfoWorld Symposium, Internet World, PC Forum, the PhoCusWright Executive Conference, Red Herring, and Supernova.

Under Grady's leadership, Rearden Commerce has received industry accolades and national praise. It was named a "Cool Vendor" by Gartner Research in 2008; included on Business 2.0 Magazine's Next Net 25, considered a MobileBeat Top 30 product in 2008, and was selected as a Firestarter by Strategic News Service in 2009.

Prior to founding Rearden Commerce, Grady spent 10 years in various venture capital and leadership roles in the technology sector and currently serves as an advisor to MerchantCircle, the largest online network of local business owners, combining social networking features with customizable web listings that allow local merchants to attract new customers and WSO2, a leading Open Source technology company focused on Web services middleware.

Patrick lives in San Francisco with his two precocious daughters.

Mr. Crittenden is a Managing Director of Huntsman Gay Global Capital, a private equity firm headquartered in Palo Alto, California, that focuses on middle market companies. He is also a member of Huntsman Gay's Policy and Investment Committee.

Prior to joining Huntsman Gay, Mr. Crittenden was the Chief Financial Officer of Citigroup from 2007 to 2009. He was responsible for the financial leadership of the company during the global economic crisis. He was also CFO of American Express from 2000 to 2007.
Prior to American Express, Mr. Crittenden was CFO of Monsanto and Sears, Roebuck & Company.

Mr. Crittenden began his career in consulting at Bain & Company, an international management consulting firm, working on a range of strategic projects in the US and Europe.

He graduated with a BS from Brigham Young University in 1976 and with an MBA from Harvard Business School in 1979.

Fred Harman joined Oak Investment Partners as a General Partner in 1994. His primary investment focus is on Consumer Internet and Internet New Media. He currently serves on the Boards of Aspect Software, Connexus Corporation Demand Media, FRS, Knowledge Networks, Limelight Networks, RazorGator, Rearden Commerce, Reunion.com, Shop.com, Sutherland Global Services, Talisma and U.S. Auto Parts. Fred has also led investments in aQuantive, Allyes (acquired by Focus Media), Campus Pipeline (acquired by SCT), Fastclick (acquired by ValueClick), Captura (acquired by Concur), Cobalt, Exodus, ILOG, IMS (acquired by Celestica), Inktomi, Pivotal, Primus Knowledge Solutions, Qpass (acquired by Amdocs), Quintus (acquired by Avaya), Sanmina/SCI, SportsGG and SPSS.

Prior to Oak, Fred worked for seven years with Morgan Stanley's Venture Capital Group where he was a General Partner. Prior to Morgan Stanley, Fred worked in Business Development at Hughes Communications where he was involved in the formation of the predecessor to DirecTV. Fred is also a co-owner of the Golden State Warriors and a Trustee of Sacred Heart Schools.

Fred received an MBA from the Harvard Graduate School of Business and a BS and MS in Electrical Engineering from Stanford University where he was a Hughes Fellow.

Terrell Jones is currently the managing principal of Essential Ideas, a consultancy that assists companies in transitioning to the digital economy. He is an experienced board member, having served on the boards of Entrust, Inc., Overture Services, La Quinta Corporation, and Vendare Media Corp. Terrell currently serves on the board of EarthLink, Inc. and is Chairman of Kayak.com.

Terrell founded Travelocity in 1996 and served as president and CEO until May 2002. Prior to starting Travelocity, Terrell spent 24 years at American Airlines and Sabre Holdings where he held a variety of executive positions. At the end of his tenure at Sabre Holdings, he held the position of CIO. Terrell began his travel career as a travel agent in Chicago, later moving to the technical world with Agency Data Systems, a Florida-based mini-computer accounting systems company that was acquired by American Airlines.

Mr. Smith is a Managing Director at One Equity Partners (the private equity arm of JP Morgan Chase), which he joined in 2002. Mr. Smith has been Managing Partner/General Partner of six other private equity/venture funds since 1981 including most recently, Allegra Partners. From 1979 to 1981, Mr. Smith was Senior Investment Manager at Citicorp Venture Capital, Ltd and prior to that he worked in the International Money Management Group of J.P. Morgan. Mr. Smith earned a B.A. in History from Harvard College. Mr. Smith is co–author of the book Treasury Management; A Practitioner’s Handbook, John Wiley & Sons, 1980.

At Foundation Capital, Warren focuses primarily on investments in emerging software companies – both licensed and software as a service – as well as on those in the Cleantech industry. In addition to Rearden Commerce, he currently serves on the boards of eMeter.com, Guardian Analytics, InterAct, MarkMonitor, Moxie Software, Purfresh, Quantivo, SilkRoad Technologies, and Silver Spring Networks.

Catching emerging technologies and superstar entrepreneurs early is Warren's passion. His close ties with leading universities and research labs give him a window into innovations in their purest form, and he cherishes the chance to work with the smartest minds in business, whether first-timers or Nobel-Prize winners. His involvement with on-demand software companies and Cleantech began years before investing in those areas became a mainstream event.

Warren joined Foundation Capital in 2002 with more than 25 years experience in the software industry, including time as president and CEO of four public and private software companies. Most recently, he was president and CEO of Asera, a real-time software solutions provider.

Previously, Warren served as president and CEO of Prism Solutions during the company's transition from data warehousing tools provider to business intelligence application deliverer. Prior to that, Warren was president of SQRIBE Technologies (now Hyperion) and earlier, president and CEO of SMI. Warren has held numerous other senior executive positions at Next Software (Apple), Continuum (Computer Sciences Corporation) and Dun & Bradstreet Software. He holds a BS from Western Illinois University.