Albert J. DaValle, Jr.

JK&B focuses on investments in the communications, information technology and software sectors. They are typically the lead investor in their portfolio companies. The firm invests across all stages of a company's development.The firm seeks superior technologies that address the following criteria: the best of breed, fit the needs of the largest buyers, are high priority, have compelling rationale for large enterprises, integrate with existing systems and technologies, and are both attractive for acquisition and as a standalone entity that can IPO. In addition to an in-depth technology and market review, JK&B evaluates potential investments on more conventional dimensions such as depth and experience of the management team, clear, well-defined and executable business strategy and level of team experience with large-scale deployments.

Chung joins Sprint from LG Electronics where he served as a senior vice president, managing the account division for major U.S. operators. Previously he worked at McKinsey and Company Inc. and also held management positions at Hewlett Packard/Agilent Technologies. Chung earned his bachelor's degree at U.C. Berkeley in Computer Science and earned his master's degree at Stanford University in Computer Science. He also holds an MBA from the University of Pennsylvania at Wharton.

JK&B Capital is a venture capital firm focused in the software, IT and commu- nications markets with over $1.1 billion of capital under management. Track Record Founded in 1996, JK&B has built a track record of generating exceptional returns for investors by identifying and investing in companies with technologies which have been critical to the growth of the world’s information economy. A key to JK&B’s success has been its ability to leverage its substantial technology domain expertise to identify, analyze and access the most promising emerging technologies and the companies behind them. JK&B then provide these companies with financial support, strategic guidance and most importantly technical guidance to help them grow and prosper. JK&B has distinguished itself in the venture capital industry through the level of “hands-on” technology expertise resident among its team of eight investment professionals and through the rigorous research, analysis and investment discipline it applies to each of its investments. Strong Leadership JK&B’s Partners have come from senior management positions at some of the most successful firms in the technology industry. JK&B Partners are recognized in the industry as thought leaders, industry visionaries and highly sought after value-added Partners within their areas of expertise. The firm’s Partners through their previous executive positions have established an extensive network of industry contacts and proprietary relationships extending JK&B’s intellectual reach and offering its portfolio companies high level access to potential customers, strategic partners and financing sources. Direct Access JK&B’s flat organizational structure and team-based approach allows the firm to respond very quickly to investment needs and market changes. JK&B believes that as technology becomes more sophisticated, venture capitalists must increasingly draw on specialized skills with a heavy focus on distinct technology expertise. The firm also takes a team-based approach to analysis and investment decision-making. JK&B believes that there is a changing definition of success in the VC industry. JK&B believes the firms that will flourish will be leaner, technically astute, and highly focused.