Board of Directors

René Lacerte — CEO and Founder, Bill.com

René founded Bill.com in April 2006, bringing with him more than 18 years experience in the finance, software and payments industries. Built from a legacy of four generations of entrepreneurs, René developed the concept for Bill.com based on personal experience growing new businesses. He realized the tremendous need to simplify and automate the way businesses manage bills, invoices, payments, contracts and other important financial documents; and the challenge of not having control and intelligence into daily spending and cash flow. Bill.com solves these issues and also puts all valuable financial documents in one place for secure access anywhere/anytime.

Prior to Bill.com, René co-founded America's #1 online payroll service PayCycle, which employed over 100 people and served over 85,000 customers prior to being acquired by Intuit in July 2009. PayCycle has received multiple 5-star awards from PC Magazine and numerous accountant trade publications. Both at PayCycle and Intuit, René developed industry leading customer service organizations to provide an unparalleled customer experience to build loyalty.

René spent five years at Intuit, creating and managing the company's bill presentment team and growing its bill payment and credit card businesses 30% in one year. He also launched Intuit's first connected payroll product, growing the team from two employees to 300 in 18 months.

René received a Masters of Science degree and Business Administration degree in Economics and Quantitative Economics from Stanford University.

Tom Blaisdell — General Partner, DCM

With a focus on software, technology-enabled services, media and cleantech, Tom Blaisdell helps DCM portfolio companies craft high growth marketing strategies, structure successful strategic partnerships, and build strong management teams.

Prior to joining DCM, Tom spent three years at two Internet startups, Encanto Networks and Fatbrain.com (formerly computerliteracy.com). At Encanto, Tom served as Vice President of Marketing. At computerliteracy.com, Tom served as an advisor to the company from its birth in the proverbial Silicon Valley garage through completion of its first venture-backed financing, joining the online professional bookstore as Vice President of Marketing and Editorial in 1997.

Before computerliteracy.com, Tom spent six years at Intuit. Joining the company in the month prior to the launch of Quicken for Windows 1.0, Tom played a variety of marketing, business development and general management roles in the Personal Finance Group, Financial Supplies Group (checks and invoices), and Business Products Group. Tom's last role at Intuit was as General Manager of the Business Products Group where QuickBooks revenue grew 30% year-to-year, leading the company to a new retail market share high of 83%.

Prior to Intuit, Tom worked for Bain & Co. in San Francisco and Boston, and prior to business school he put his mechanical engineering degree to work as an environmental engineer at Acurex in Mountain View, CA, where he worked on programs evaluating alternative-fueled vehicle trials, including ethanol, methanol and compressed natural gas (CNG) cars and buses.

David Hornik — General Partner, August Capital

For more than a decade, David has worked with technology startups throughout the software sector. In 2000, David joined August Capital to invest broadly in information technology companies, with a focus on enterprise application and infrastructure software, as well as consumer facing software and services.

David has an eclectic educational background. He holds an AB in Computer Music from Stanford University, an M.Phil in Criminology from Cambridge University and a JD from Harvard Law School.

David is currently a lecturer at Stanford's Graduate School of Business, where he teaches intellectual property, and the Harvard Law School, where he teaches entrepreneurship and venture capital. He is the author of VentureBlog, the first venture capital blog, and VentureCast, the first venture capital podcast, and is the founder and executive producer of The Lobby conference, an annual gathering of the thought leaders of the digital media ecosystem.

Current Board Affiliations: Aardvark, Blue Rover Labs, Nomis, Ohai, Six Apart, Splunk, StumbleUpon, VideoEggBill.com. Additional Current Investments: eBates, LiveOps, Technorati.

Previous investments: DoneRight (acquired by LendingTree), Evite (acquired by Ticketmaster), Jaxtr (acquired by Sabse Bolo), PayCycle (acquired by Intuit), RedSwoosh (acquired by Akamai), Notiva (acquired by Oracle), Tickle (acquired by Monster).

Brian Jacobs — Founder and General Partner, Emergence Capital

Brian Jacobs is a Founder and General Partner of Emergence. He has over 18 years of venture capital experience, a deep national network and broad experience helping both consumer and business-oriented startups achieve their business goals. Prior to founding Emergence, Brian was an early General Partner at St. Paul Venture Capital. During his 10 years with St. Paul, Brian helped to grow the firm to one of the 15 largest venture investors in the country. He led the firm's Silicon Valley investing activities. His prior venture capital experience was at Security Pacific Venture Capital. Brian also worked for the Raychem Corporation, where he developed and marketed advanced software and electronic components. He also has engineering and new product development experience with RCA, Westinghouse, and Polaroid, and he holds several patents.

Brian was named to the Forbes' Midas List of the top venture capital investors in 2006 and 2007. He is an experienced board member who has served on dozens of public and private boards. He currently serves on the boards of Visage Mobile, Krugle, Intacct, InsideView, DVDPlay and Bill.com.

Brian's reputation for helping entrepreneurs build innovative technology-enabled service companies comes from his active involvement in Lexar Media (LEXR), WebTV (sold to Microsoft), HireRight, nQuire Software (sold to Siebel Systems), Microchip Technologies (MCHP), BigFix, NetPerceptions (NETP), NextCard (NXCD) and many others.

Advisors

Tom Keeven

Tom is an advisor to the company. Tom is a veteran IT and technology executive with both Fortune 500 executive and startup executive experience. Tom's experience includes 6 years at eBay where he was VP of Infrastructure, VP of Operations and VP of Architecture. Prior to eBay, Tom held executive management positions in Operations and Architecture at Gateway and Gateway Country stores. Prior to Gateway, Tom held executive management positions in Whirlpools Global operations organization. Tom's Architectural and Operational experience includes managing international organizations, ranging in size from 30-300 person organizations. Tom's architecture and infrastructure experience includes running one of the most highest transaction processing systems on the internet and operating infrastructure and teams in complex business environments, including Eastern Europe, Europe, China and Mexico.

Mark Johnson

Mark Johnson is an advisor to the company. He is the former Vice Chairman of CheckFree Corporation, where he evaluated and marshaled strategic growth opportunities for the company, developing strategic corporate relationships and supporting long-term business strategies. His primary strategic focuses were to expand CheckFree's opportunities in providing electronic services to a broader base of corporate and consumer customers. He was also a member of the CheckFree Board of Directors. Johnson joined CheckFree in 1982 as Vice President of Operations. He held numerous positions within the organization and was responsible for the development and launch of CheckFree's commercial and consumer electronic funds transfer services and CheckFree's electronic bill payment and bill presentment businesses. He also led the development of key strategic alliances and marketing initiatives. In 2000, Johnson left his position as Vice Chairman of Corporate Development and Marketing to form e-RM Ventures, a private investing consultancy focused on early-stage payments-related companies. He continued to work with CheckFree executive management on strategic issues through his Board of Directors position, and returned full time to CheckFree in 2003.

Prior to joining CheckFree in the early '80s, Johnson worked for the Federal Reserve Bank and Bank One.

Johnson serves as Chairman of the Technology Association of Georgia Executive Committee and Board of Directors. In addition, he currently serves on the Board of Directors for a number of private companies and is a member of the Business Advisory Board of Miami University.

Shelly Davenport

Shelly Davenport is the General Manager of the Small Business Unit at SuccessFactors. Prior to SuccessFactors, Shelly was the VP of Sales at Salesforce.com, VP of Sales at Hyperion and a Sales Director at Oracle. Her extensive experience building some of the most successful SAAS inside sales teams is invaluable as Bill.com builds out its sales team.

Colleen Lindow

Colleen brings a wealth of experience and expertise in cash management, web-based transaction processing and payment operations to her position as a Bill.com Advisor on Payment Strategy.

Colleen was responsible for industry relations and payment system compliance at PayPal, launched Billpoint's Canadian and UK payment modules, and managed eBay's billing function including invoicing, payments processing, and collections worldwide.

Before eBay, she was Vice President of Interchange Strategy and Purchasing Card at Visa USA. She began her career at Mellon Bank where she held various sales, product, and operations management positions in global cash management and merchant card services.

Colleen earned an MBA from the McLaren School of Business at the University of San Francisco and a Bachelor of Arts degree from Westminster College in Pennsylvania.