Farzad brings to Inxeption two decades of experience as a technologist, senior executive, serial entrepreneur, and investor.
Prior to co-founding Noribachi, Farzad was founder, president, CEO, and chairman of the board of the Niku Corporation, an infrastructure productivity software provider that created the first comprehensive suite of enterprise management applications for project and resource-intensive organizations. Niku's iNiku application was an early cloud-based software service. Headquartered in Silicon Valley, Niku employed over 1,200 personnel at the time Farzad took the company public in 1999 in an IPO led by Goldman Sachs (NASDAQ: NIKU). Computer Associates later acquired the company.
Earlier, Farzad was co-founder, president, and CEO of Diba, the first consumer information appliance company, which created internet-enabled TVs, smartphones, and consumer devices. Diba was acquired by Sun Microsystems in 1997 just prior to going public in an offering led by Lehman Brothers. Diba became the foundation for Sun's Consumer Technologies Group, which worked with consumer electronics companies to provide internet-ready, Java-enabled TVs, set-top boxes, satellite boxes, and smartphones.
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