Board
Robert Gordon
Mr. Gordon is an investor in early-stage technology companies and currently serves as Chairman of the boards of SymSure Limited and Talent Technology Corporation.. Most recently he was the Chairman of PlateSpin Ltd. (acquired by Novell), was the CEO of Mindjet Corporation and previously held the same role for Platform Computing. Prior to Platform, Bob was the European Venture Partner for the Internet Capital Group, Senior Vice President of Oracle Europe, Middle East & Africa and President of Oracle Canada. He also held executive positions with Bell Atlantic Enterprises, Nortel and IBM. He is a past chairman of the Information Technology Association of Canada.
Jay Litkey
A serial entrepreneur with extensive experience launching, financing and growing software companies, Jay has been a pioneer in emerging high growth markets that include virtualization, enterprise systems management automation, and internet video content distribution. For the past 8 years he has been a virtualization evangelist and advocate, focusing on the strategic impacts of virtualization and automation within enterprise data centers. Jay is ITIL-certified and frequently spends his time serving as a trusted advisor for IT executives and speaking at industry events.
Prior to Embotics, Jay founded Symbium Corp, a venture-funded company focused on Autonomic Computing and the automated management of IT infrastructure, where he managed business development and product management. Prior to that, he was the founding CEO of BlackholeTV, an internet video company. Jay started his career at Bell-Northern Research designing automated control systems for the telecommunications industry. He is a golf hack, won a Forty under 40 award, and holds an honors degree in Computer Science from Queen’s University.
Howard Sutton
Howard has over 22 years of experience in the industry, holding senior level positions in technology companies and in investment banking. Howard brings application expertise and a wealth of investment experience to his portfolios.
Howard Sutton, graduated with a degree in engineering and received his professional engineering designation in 1985. This was followed up by an MBA and CFA. For the first ten years of his career, he worked with a variety of high technology firms in North America and Europe responsible for engineering, marketing and management. Prior to starting Tera Capital, Howard worked in the high tech investment community for three years as an analyst and as a portfolio manager with a major investment management firm.
Phil Reddon
Phil joined Covington in 2002 and has close to 20 years experience as an investment professional. As Managing Director, Phil’s responsibilities include analysis of new investment opportunities for the Fund and assisting in the management and monitoring of the Fund's existing investments. Prior to joining Covington, Phil spent six years at Bank of Montreal Capital Corporation as Managing Director for a $400 million private equity fund. Phil was head of the Technology Investment team, and sat on the investment committee, which was involved in the investment and approval process for over 60 companies. In his role at BMO Capital, he sat on the boards of eight companies. Prior to BMO Capital, Phil held various positions at the Business Development Bank of Canada.
In addition to Embotics, Phil currently sits on the Board of Directors of Ivey Fund I and Ivey Fund II, 1293551 Ontario Inc. (o/a Acura and Masstech Group), Agile Systems Inc., Diaphonics Inc., Simex Inc, and SXC Health Solutions Inc
