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Company DescriptionManagement TeamBoard of DirectorsInvestorsBusiness Partners


Board of Directors


• Matt Miller, Chairman and CEO, most recently served as President and CEO of NxtWave Communications, a leading supplier of semiconductor chips for emerging digital television markets worldwide.  At NxtWave, he successfully raised 3 rounds of funding and oversaw the merger of NxtWave with ATI Communications, a large publicly-traded graphics chips supplier.  Previously, he served as VP of Technology at both Viacom and General Instrument, where he reported directly to Donald Rumsfeld during the company’s critical privatization and turn-around period.

Dr. Miller began his career doing research on semiconductor devices at RCA Laboratories (now Sarnoff Laboratories). Following RCA, he held a variety of technical and operational responsibilities at Perkin-Elmer Corp., where his research included space-based infrared sensors and systems, balloon-borne high resolution infrared spectroscopy instruments, and fundamental work on critical components including tunable lead salt infrared lasers and a variety of infrared detectors.  He received his BA in physics, magna cum laude, from Harvard College and his Ph.D. in solid state physics from Princeton University.


• William Dioguardi is President of Spencer Trask Ventures, Inc. and a principal in Spencer Trask & Co., a position he has held since 1994.  Under his management, Spencer Trask Ventures has raised and invested over $1 billion in a diverse range of start-up companies.  Mr. Dioguardi is also General Partner and Member Manager of the Spencer Trask Private Equity Funds I, II, Accredited Fund III and the Illumination Fund, Garfield Associates, and Lincoln Associates, all of which are diversified venture capital funds that invest in Spencer Trask Ventures private equity opportunities.

Prior to joining Spencer Trask Ventures, Mr. Dioguardi was a founder and President of Vantage Securities, a NASD and SIPC member firm, which specialized in private and public offerings for emerging growth companies.  From 1980 to 1988, Mr. Dioguardi was a member of the Executive Committee and First Vice President of Integrated Resources, Inc.  Mr. Dioguardi is a member of the Board of Directors for Concord Equity Advisors, Spencer Trask & Co., and Multispectral Imaging, Inc.

Mr. Dioguardi graduated from Montclair Kimberly Academy and received a B.S. degree in Business Administration from Monmouth University.


• Tuvia Barak, Independent Director, is a member of the Board of Directors of Skyline, Atair, and Fairchild Imaging, and a senior advisor to Lux Capital.  In 1982 Mr. Barak joined Tadiran, Inc., the North American subsidiary of Tadiran, the largest electronics conglomerate in Israel.  During his 12-year tenure over $3 Billion of revenue were achieved under his direction, and Tadiran became one of the major suppliers of Tactical Communications to the U. S. Army.  Mr. Barak developed strategic alliances and partnerships with some of the largest aerospace companies.  In 1993, Mr. Barak established his own marketing and consulting practice, advising U. S. and international companies on business development, marketing strategies, technology assessment, and mergers and acquisitions in the aerospace and technology fields.  His clients have included The Carlyle Group, L-3, BAE, DRS, Elbit, United Defense, Rockwell Collins, and Raytheon.  

Mr. Barak is presently a member of the Board of Directors of Multispectral Imaging, Inc.  He has a M.Sc. in E.E. from the Technion Institute of Technology, Haifa, Israel.


• Joshua Grotstein is Managing Partner and Co- Founder of SAS Investors, a venture capital firm created to grow the Mid-Atlantic and Northeast's most promising seed- and early-stage high-technology ventures.

Prior to co-founding SASI, Mr. Grotstein served as division executive for global Internet and e-commerce programs at Citigroup; led the content and commerce efforts at Prodigy and was a member of the senior executive team leading the spin-out (from IBM and Sears); founded and became the first general manager of NBC Online Ventures and helped establish the NBC-Microsoft joint venture from which MSNBC was created.  He has also had significant Marketing and Business Development experience across various technology and communication sectors working at CNBC and J. Walter Thompson.

Mr. Grotstein currently serves on the Boards of Multispectral Imaging and Backfence.  He holds an MBA from Harvard Business School and a B.A. from Brown University.


• Kef Kasdin is a General Partner at Battelle Ventures and Innovation Valley Partners and has been involved in developing and executing strategy for high-technology companies for more than 15 years.  Kef has been involved in Venture Capital since September 2000, when she became a partner at Early Stage Enterprises, L.P. During her career, Kef held a number of positions of increasing importance at 3Com Corporation in Santa Clara, Calif. Among those, she was Vice President and General Manager of the $1-billion Ethernet Products Division.  In the fall of 1998 Kef was named 3Com’s first Executive in Residence, Office of the Chairman, driving key strategic and operational initiatives for the company.

In the late 90’s Kef was a Business and Marketing Consultant to a dozen technology start-ups in New Jersey. Ms. Kasdin is presently a member of the Board of Directors of Multispectral Imaging, Inc.  She received her Bachelor of Science in Engineering from Princeton University and her MBA from the Graduate School of Business, Stanford University.


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