Visible Path Attracts Industry Leaders from Oracle and Salesforce.com; Backed by Venture Firms Kleiner Perkins and Menlo Ventures, Visible Path Enlists Top Talent in Its Bid to Take Social Networks Corporate

Visible Path Attracts Industry Leaders from Oracle and Salesforce.com; Backed by Venture Firms Kleiner Perkins and Menlo Ventures, Visible Path Enlists Top Talent in Its Bid to Take Social Networks Corporate

FOSTER CITY, Calif. — Visible Path Corporation announced today the appointment of Paul Emery as vice president of engineering and Shailesh Rao as vice president of products.

The appointments follow the recently announced $17 million series B investment from Kleiner Perkins Caufield & Byers, Menlo Ventures and Integral Capital Partners. With the funding and the addition of Mr. Rao and Mr. Emery, Visible Path is developing the next generation of its service to help individuals and organizations build, manage and capitalize their network of professional relationships.

“Visible Path is developing the most valuable and trusted service to help business people manage relationship networks and build relationship capital. We’re looking forward to tapping Paul’s expertise in developing collaborative portal products, and Shailesh’s expertise developing sales and support products to build the definitive business networking service,” said Antony Brydon, CEO of Visible Path.

Visible Path also announced that Robert Brown, PhD, formerly vice president of engineering, has been appointed vice president of research and development. Dr. Brown will focus on Visible Path’s innovations in algorithms and product architecture.

Paul Emery brings to Visible Path 18 years of software engineering and technology management experience with a specialty in leading globally-distributed software engineering organizations. Prior to joining Visible Path, Mr. Emery was vice president of server technologies at Oracle Corporation, where he led the product development of the Oracle Workplace portal product and led teams in Redwood Shores, Calif. and Bangalore, India.

Prior to Oracle, Mr. Emery ran engineering and client services at FaceTime Communications, Inc., where he managed organizations in California, West Virginia, and India. From 2002 to 2004, Mr. Emery was vice president of engineering at Vignette Corporation, where he led the successful product integration efforts of several of Vignette’s strategic acquisitions. Emery was also vice president of engineering at enterprise portal pioneer Epicentric, Inc., where he grew the company’s development organization from fewer than 20 to over 120 engineers before its acquisition by Vignette. Mr. Emery holds a bachelor’s degree in physics from Harvard University.

Mr. Emery will lead Visible Path’s engineering efforts, adding to Visible Path’s Silicon Valley engineering team and leading global engineering efforts to enhance the product’s performance and scalability.

“The opportunity to bring a new category of technology – relationship capital management – to business professionals and the enterprise is one I just couldn’t miss. I’m looking forward to scaling the engineering and technical operations globally to support Visible Path’s next-generation RCM applications.”

Shailesh Rao’s experience encompasses a decade of product management and marketing roles. He led the effort to create supportforce.com while at Salesforce.com and held senior product marketing positions at Siebel Systems.

Mr. Rao also brings entrepreneurial know-how to Visible Path, having co-founded Softrock Systems, a startup that built a development and customization platform for tailoring large scale enterprise IT applications to meet the needs of Fortune 2000 companies. Mr. Rao holds an MBA from Harvard University and comes to Visible Path from Centrata, where he served as vice president of products and business development.

Mr. Rao will lead Visible Path’s worldwide product development efforts and will drive the product to new levels of usability and value. As Vice President, Products, Mr. Rao will further define and refine the Visible Path roadmap, and spearhead initiatives to drive growth, adoption and additional value-added services for subscribers.

“The application of social network analysis to the business world holds unlimited potential, and Visible Path has clearly captured the market and the imagination of leading executives,” says Mr. Rao. “I am very excited to build and refine a Visible Path product that exceeds the expectations of executives worldwide as they plan and grow their businesses.”

About Visible Path

Visible Path helps business people build, manage and capitalize their network of professional relationships. Visible Path professional edition provides free services that enable you to quickly build a private network by registering at www.visiblepath.com. Visible Path enterprise edition provides companies with Relationship Capital Management (RCM) services to build, protect and extend corporate networks. Visible Path has deployments at the most innovative companies in the United States, from Fortune 50 corporations to small professional service firms. Key integration and distribution partners for Visible Path services include IBM, Hoovers and other leading vendors. Visible Path was founded in 2002 and has received broad industry and analyst recognition, including profiles in the Wall Street Journal, the New York Times and Businessweek. Visible Path is a privately-held company, backed by Kleiner Perkins Caufield & Byers, Menlo Ventures and Integral Capital Partners.

COPYRIGHT 2006 Business Wire

COPYRIGHT 2006 Gale Group