Founded in 2010,

Mobeam, Inc. is transforming mobile commerce with its unique and patented technology. Mobeam’s technology overcomes the technical barriers that currently prevent mobile phones from interacting with laser scanners at checkout. Mobeam’s solution provides universal access at point of sale (POS), enabling the transmission of coupons, loyalty cards, gift cards, membership cards, tickets, and other barcoded data at retailers worldwide. The company’s first application, OmniBeam, launched in June 2013, and its second app, Beep’nGo, was released in September 2013. Mobeam is headquartered in Palo Alto, California.

Management

Kang Lee

President & Chief Executive Officer

Kang is an entrepreneur and recognized global industry leader in wireless technology solutions with more than 20 years of experience. As a Senior Vice President for Samsung Electronics, he led a team that developed a service platform where he deployed over 23 Samsung branded services globally. In 2002, Kang founded fastmobile Inc.; a mobile messaging company that was later sold to RIM. Prior to fastmobile, he built a multi-modal solution at Auvo and successfully deployed this technology with a European operator over 2.5G networks. At Auvo, Kang also led the development of the solution that enabled fastmobile’s unique wireless voice/data instant messaging. As a team leader at Motorola’s service business unit, Kang was directly responsible for taking Motorola’s voice/data product portfolio from the concept stage through successful deployment with wireless carriers. He started his career at AT&T Bell Labs.

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Marcia Donner

Chief Operating Officer

Marcia brings over 25 years of diverse experience to lead operations for mobeam, with her role encompassing finance, public relations, marketing, human resources and business operations. With proven expertise in a variety of business environments, from global retailer business exchanges and banking to retailer sourcing and procurement, Marcia leverages experience from her leadership roles with Wells Fargo Bank, GNX and Agentrics. Areas of key experience include community and product development, customer service operations, mergers and acquisition integration and global business partnerships.

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Paul Kim

Executive Vice President, Business Development & Marketing

Paul Kim is a serial entrepreneur and a veteran in mobile payments, commerce, and apps who has built 3 venture capital and angel-backed companies. Recently, as Founding CEO of Nido Labs, Paul launched Alpha Trainer, a popular fitness app for iOS and Android that was featured by the App Store globally and is a top-grossing fitness app. Before that, he was the Founding CEO of KreditFly, a unique mobile payments & credit company where he raised $3.25 million in venture capital, introduced an innovative method of acquiring customers via mobile credit, and partnered with some of the largest online and mobile content companies. Prior to this, Paul was the Founding CEO of BilltoMobile, where he raised $9.5 million in venture capital and signed first-ever direct billing deals with all major US mobile carriers, which established the company as the leader in the space and led to its successful acquisition in 2010. Before this, he worked as an expatriate at Samsung Electronics’ corporate venture capital group where he performed technology investments and business development. Prior to Samsung, Paul worked in various capacities as a management consultant and as an employee at technology companies in the internet, telecom, and payments industries. Paul received his MBA from the Tuck School of Business at Dartmouth as an Edward Tuck Scholar. Prior to that, he earned dual B.A. degrees in Economics and Political Science with honors from the University of California at Los Angeles as an Alumni Scholar. Paul is a sports and fitness enthusiast who loves to travel around the world and experience different cultures.

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Rob Daly

VP of Business Development

Rob joined mobeam in the spring of 2010 to assist in the expansion and build out of the retail and consumer goods vertical. He most recently was a partner at Alaris Consulting, which was purchased by PriceWaterhouseCoopers at the end of 2009. Prior to Alaris, he was Senior Vice President of the Americas for Agentrics (the result of a merger between World Wide Retail Exchange and Global Net Exchange). Rob has over twenty years of experience in technology, gaining experience in outsourcing at EDS, as a pioneer in SaaS at Syncra Systems and traditional ERP at PeopleSoft.

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Board of Directors

Ben duPont

Mobeam Chairman, Yet2 Ventures Chairman

Ben is Managing Director and co-Founder of yet2Ventures and Fairbridge Venture Partners, both early stage, open innovation based venture capital funds. Ben co-founded yet2.com in 1999, with strategic investment from; Siemens, Bayer, Caterpillar, P&G, Honeywell, DuPont and NTT. Yet2.com has created the world’s largest Open Innovation partner network and has strategic relationships with the world’s largest technology companies.

Through Yet2Ventures, Ben has leveraged his experience to invest in over 40 venture-backed technology start-ups, creating a network of hundreds of entrepreneurs whom Yet2 has advised and guided to successful outcomes.
Ben spent 13 years in various divisions of the DuPont company and is currently a director of; Morgan Stanley Capital International (NYSE:MSCI), ACube, Longwood Gardens, Bessemer Trust Delaware and a board observer at Ecrio. Ben has a BSME from Tufts University. You can follow him on Twitter @benjamindupont.

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Phil Stern

Managing Director, Yet2 Ventures Chairman

Phil brings his extensive experience in the fields of open innovation and patent transactions to yet2Ventures. He leads the due diligence, valuation, and follow-on investment activities for the firm’s portfolio.

Phil co-founded yet2.com in 1999 and leads the overall strategy and direction of the company. He has recently spearheaded the company’s new practice in serving clients’ needs in patent transactions.

Previously, Phil worked 13 years in general management and strategy consulting. He has substantial expertise in developing and implementing breakthrough strategic plans, having served clients for Bain & Company and McKinsey & Company. Phil also developed an expertise in the valuation of businesses and assets. With several years of experience working with fund-level and portfolio company tax and accounting issues, Phil brings strong leadership in building functional teams that provide timely and accurate investor communications and information. Currently, he serves on the boards of Mobeam, Gigsky, and Argos (observer).

Phil earned his undergraduate degree in Mathematics from Princeton University and his M.B.A. from Harvard Business School, where he was a Baker Scholar. He lives with his wife, Susan, and their two children in Newton, MA.

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Sanjay Pichaiah

Mitsui & Co.

Sanjay focuses on venture and growth equity investments in technology and select energy technology companies and has 12+ years of experience in Principal Investments, Investment Banking/M&A, Operations and Engineering. Prior to MGI, he was an Investment banker at Bear Stearns & Co. advising companies in the Technology, Media & Telecom (TMT) sectors before which he worked at Millennium Technology Ventures, where he was involved in venture investments and launch of a Special Purpose Acquisition Company (SPAC). Sanjay also held various roles within Intel Corporation’s New Business Initiatives Group and as an engineer at Level One Communications (acquired by Intel). Sanjay holds a BS in Electrical Engineering from University of Madras, India, MS Electrical Engineering from California State University and a MBA from Cornell University. His other investments/board representations include Virident, OpenX, Location Labs, 4info, Solaria and Redwood Systems.

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Perry Ha

DFJ Athena

Perry is the founder and Managing Director of DFJ Athena.  He focuses on investments in Korea and the US. He has been an active investor since 1998 when he founded Athena Technology Ventures. He has invested in and/or served on the board of many successful companies including Ipivot (INTC), Demandtec (DMAN), Imparto Software (PKS), ProfitLogic (ORCL), and Zantaz (AUTNF). He also served as an interim CEO at two different companies. He serves on several portfolio company boards.  In addition, he serves on the board of Korean American Society of Entrepreneurs (KASE), on the board of CKA (Council of Korean Americans), on the Visiting Committee at MIT, and on the Leadership Board of McGovern Institute for Brain Research at MIT. He earned B.S. and M.S. degrees from Massachusetts Institute of Technology and an M.B.A. from Harvard Business School.

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Investors

yet2Ventures

yet2Ventures is a technology investment firm focusing on start-ups delivering revolutionary products to market. yet2Ventures is an Open Innovation fund that specializes in corporate spinouts, medical devices, electronics, materials science and clean tech.

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Mitsui Global Investment

Mitsui Global Investment (MGI) is a subsidiary of Mitsui & Co., Ltd., which invests in opportunities that have potential for growth. MGI is headquartered in Tokyo, and also has offices in Silicon Valley, New York, Shanghai and Beijing. MGI investments reach beyond these geographical barriers creating a diversified global portfolio. Launching new businesses and helping existing businesses grow have been hallmarks if Mitsui since its inception.

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DFJ Athena

DFJ Athena is a venture capital firm focused on investments in leading startups in the global technology sector. With offices in Silicon Valley and Seoul, South Korea, DFJ Athena is particularly focused on opportunities that leverage Korea’s advanced technology infrastructure and on technologies with global relevance. DF Athena’s portfolio includes companies focused on software, semiconductors, networking systems, network-based services and clean tech. Recognizing an increasing importance of Korean market to the global economy and leveraging an unequaled access to Korea market, DFJ Athena was launched in January 2007 to focus on cross-border investments between Korea and the global markets. The investment team has had significant successes with its prior fund, Athena Technology Ventures, including investments in CDS, DemandTec, Ipivot, ProfitLogic and Zantaz.

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